Motor Lamination Market: Prospects for Growth in Developing Economies
The global motor lamination market size reached USD 22.40 Billion in 2022 and is expected to register a revenue CAGR of 4.6% during the forecast period, according to latest analysis by Emergen Research. Rising application of motor laminations to enhance functional properties of the motor units, rising demand for various luxury vehicles and hybrid vehicles using electric motors, increasing standards of safety, and rising demand for comfort and performance in automotive are some of the key factors driving revenue growth of the motor lamination market. The latest research report, titled ‘Global Motor Lamination Market ’, can be considered a profound analysis of the global Motor Lamination Market that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overvi...