Market Overview:
The global automotive interlocking motor cores market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for electric vehicles and rising awareness about energy efficiency among consumers. On the basis of type, the global automotive interlocking motor cores market has been segmented into special alloys and electrical steel. The special alloys segment is expected to account for a major share of the global automotive interlocking motor cores market during the forecast period. This can be attributed to their superior properties such as high strength-to-weight ratio, corrosion resistance, and thermal conductivity as compared with other types of materials used in manufacturing electric motors.
Product Definition:
An automotive interlocking motor core is a type of electrical component used in vehicles. It helps to keep the electrical current flowing evenly through the system, and it is important for ensuring that the engine runs smoothly.
Special Alloys:
Special alloys are a group of high strength materials with low-density and specific strength. They have several properties such as corrosion resistance, high hardness, wear resistance, good electrical conductivity and magnetic properties. Special alloys include titanium; aluminum; zirconium; hafnium; nickel-iron alloy (NI); silicon carbide (SiC); tungsten carbide (WCB); cobalt-titanium alloy (CoTi).
Electrical Steel:
Electrical steel is a special type of alloy which consists of nickel, copper and zinc. It has the ability to withstand high temperatures and thus finds application in automotive interlocking motor cores. These products are used for providing resistance against thermal stress at high temperature as well as provide mechanical strength at low temperatures.
The product also provides excellent electrical conductivity coupled with corrosion resistance which makes it suitable for manufacturing automotive interlocking motor cores that are used in brake systems, gearboxes.
Application Insights:
Passenger car application segment accounted for the largest share of over 60.0% in 2017. The demand for automotive interlocking motor cores is expected to grow on account of increasing production volumes and popularity of passenger cars in developing countries such as India, China and Brazil. Moreover, stringent government regulations regarding safety are also likely to boost the product demand over the forecast period.
Commercial vehicle application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising industrialization & urbanization leading economies such as Brazil, Russia and South Africa have taken initiatives towards increasing their commercial vehicle manufacturing capacities which will positively impact industry growth over the forecast period. Increasing use in heavy-duty vehicles including trucks, tractors etc., coupled with high strength requirements are some other factors that contribute towards market growth across different regions globally.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automotive manufacturing hubs, such as China, India, Japan and South Korea. Increasing automobile production in these countries coupled with rising per capita income levels will have a positive impact on industry growth.
The European region captured a revenue share of more than 20% in 2017 owing to high demand from passenger cars segment. Countries such as Germany are anticipated to drive regional growth through 2024 due to increasing adoption of electric vehicles along with supportive government policies aimed at reducing carbon emissions and promoting fuel efficiency standards set by EU6).) Moreover, technological advancements related to motor control systems are likely boost industry penetration rates across this region during the forecast period.
North America held a significant market share followed by Asia Pacific in terms of volume consumption owing high demand from key application segments including heavy commercial vehicle (HCV) & light commercial vehicle (LCV).
Growth Factors:
- Increasing demand for electric vehicles: The global automotive interlocking motor cores market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for electric vehicles. This is because electric vehicles are powered by batteries, which require less maintenance as compared to gasoline-powered engines.
- Stringent emission norms: Stringent emission norms across different countries are compelling automakers to adopt advanced technologies in their vehicles, which is driving the growth of the automotive interlocking motor cores market. For instance, in October 2017, China announced new emissions standards that will come into effect from 2020 onwards and will be more stringent than the current standards.
- Rising disposable income: The rising disposable income of consumers in developing countries is fueling their demand for luxury cars and SUVs, thereby propelling the growth of the automotive interlocking motor cores market. For instance, according to a study by PwC India (a professional services network), Indian luxury car sales are expected to grow at a CAGR of 15% during 2018-2022 .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Interlocking Motor Cores Market Research Report
By Type
Special Alloys, Electrical Steel
By Application
Passenger Car, Commercial Vehicle
By Companies
Wingard & Company, Polaris Laser Laminations, Axalta, Mitsui High-tec, Kuroda Precision, POSCO, Yuma Lamination, Changying Xinzhi, Xulie Electromotor, Foshan Pulizi Core, Dongguan Onlink, Foshan Temyoo, Suzhou Fine-stamping
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Interlocking Motor Cores Market Report Segments:
The global Automotive Interlocking Motor Cores market is segmented on the basis of:
Types
Special Alloys, Electrical Steel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wingard & Company
- Polaris Laser Laminations
- Axalta
- Mitsui High-tec
- Kuroda Precision
- POSCO
- Yuma Lamination
- Changying Xinzhi
- Xulie Electromotor
- Foshan Pulizi Core
- Dongguan Onlink
- Foshan Temyoo
- Suzhou Fine-stamping
Highlights of The Automotive Interlocking Motor Cores Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Special Alloys
- Electrical Steel
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Interlocking Motor Cores Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive interlocking motor cores are a type of electrical connector that allow multiple electric motors to be connected together. This allows for more efficient use of electricity and greater power output.
Some of the major companies in the automotive interlocking motor cores market are Wingard & Company, Polaris Laser Laminations, Axalta, Mitsui High-tec, Kuroda Precision, POSCO, Yuma Lamination, Changying Xinzhi, Xulie Electromotor, Foshan Pulizi Core, Dongguan Onlink, Foshan Temyoo, Suzhou Fine-stamping.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Interlocking Motor Cores Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Interlocking Motor Cores Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Interlocking Motor Cores Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Interlocking Motor Cores Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Interlocking Motor Cores Market Size & Forecast, 2020-2028
4.5.1 Automotive Interlocking Motor Cores Market Size and Y-o-Y Growth
4.5.2 Automotive Interlocking Motor Cores Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Special Alloys
5.2.2 Electrical Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Interlocking Motor Cores Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Interlocking Motor Cores Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Special Alloys
9.6.2 Electrical Steel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Special Alloys
10.6.2 Electrical Steel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Special Alloys
11.6.2 Electrical Steel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Special Alloys
12.6.2 Electrical Steel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Special Alloys
13.6.2 Electrical Steel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Interlocking Motor Cores Market: Competitive Dashboard
14.2 Global Automotive Interlocking Motor Cores Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wingard & Company
14.3.2 Polaris Laser Laminations
14.3.3 Axalta
14.3.4 Mitsui High-tec
14.3.5 Kuroda Precision
14.3.6 POSCO
14.3.7 Yuma Lamination
14.3.8 Changying Xinzhi
14.3.9 Xulie Electromotor
14.3.10 Foshan Pulizi Core
14.3.11 Dongguan Onlink
14.3.12 Foshan Temyoo
14.3.13 Suzhou Fine-stamping
