Who are the key players in Global Electric Motors Core Market industry?

The top five players in the Global Electric Motors Core Market are Tempel, Mitsui High-tec, POSCO, Voestalpine, and Eurotranciatura. These companies are recognized for their technological innovation, efficient manufacturing processes, and strong global distribution networks, enabling them to supply high-quality motor cores to key sectors worldwide.

What is the Global Electric Motors Core Market growth?

The Global Electric Motors Core Market has witnessed robust growth driven by increasing demand for electric vehicles and industrial automation. For instance, in 2023, Tempel reported significant revenue gains, fueled by rising EV production and the expansion of renewable energy initiatives worldwide.

Which segment accounted for the largest Global Electric Motors Core Market share?

In 2023, the automotive application segment held the largest market share in the Global Electric Motors Core Market. This dominance is attributed to the surging adoption of electric vehicles and hybrid vehicles, which require advanced motor cores for higher efficiency and performance.

What are the factors driving the Global Electric Motors Core Market?

Key drivers include the growing adoption of electric vehicles, advancements in industrial automation, and increasing energy efficiency standards. Companies like POSCO are investing heavily in R&D to develop next-generation motor cores, meeting stricter regulatory requirements and sustainability goals.

Which type accounted for the largest Global Electric Motors Core Market share?

Laminated steel cores represented the largest market share type in 2023. Their superior magnetic properties, high efficiency, and cost-effectiveness make them the preferred choice across automotive, industrial, and consumer electronics applications.

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Global Electric Motors Core Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Global Electric Motors Core Market: by Type (Stator Core, Rotor Core, Armature Core, Commutator Core, Field Core, Salient Pole Core), Application (Automotive, Industrial Machinery, Consumer Electronics, HVAC, Aerospace & Defense, Others), Distribution Channels (Direct Sales, Distributors, Online Retail, System Integrators, OEM Channels, Others), Technology (Conventional, Synchronous, Asynchronous, Brushless, Servo, Stepper), Organization Size (Small, Medium, Large) and By Global â Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 06-04-2026 | Format: PDF | Report ID:21797

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Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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