Exploring the Motor Lamination Market: Current Trends and Future Opportunities
The motor lamination market is estimated to grow from USD 21.9 billion in 2022 to reach USD 27.6 billion by 2027 at a CAGR of 4.7% over the forecast period.
The growing demand for fuel-efficient and safe vehicles will require addition of accessories primarily driven by motor which will subsequently propels the motor lamination market. Growing demand for premium vehicles, particularly in developing...