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Global Motor Laminations Market to Hit USD 22.4 Billion by 2032, Growing at 4.8% CAGR from 2025–2032
Global Motor Laminations market was valued at US$ 14.85 billion in 2022 and is projected to reach US$ 20.35 billion by 2029, growing at a CAGR of 4.6% during the forecast period. Motor laminations, the thin steel sheets stacked to form motor cores, serve as the backbone of electric motor efficiency by reducing eddy current losses.
Global Motor Laminations Market to Hit USD 22.4 Billion by 2032, Growing at 4.8% CAGR from 2025–2032
Global Motor Laminations market was valued at US$ 14.85 billion in 2022 and is projected to reach US$ 20.35 billion by 2029, growing at a CAGR of 4.6% during the forecast period. Motor laminations, the thin steel sheets stacked to form motor cores, serve as the backbone of electric motor efficiency by reducing eddy current losses.

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