Motor Lamination Market Boosted by Automation and Smart Factory...

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2025-08-22 09:27:15 -

Motor Lamination Market Boosted by Automation and Smart Factory Initiatives

The global motor lamination market size was valued at USD 23.90 billion in 2023 and is expected to reach USD 31.98 billion by 2030, expanding at a CAGR of 4.6% between 2024 and 2030. This growth is fueled by the rising demand for advanced electronic devices such as smartphones, electric vehicles, and renewable energy systems. The growing adoption of energy-efficient motors across...

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