Thailand Motor Lamination Market (2025-2031) Outlook | Revenue, Value, Analysis, Industry, Trends, Share, Forecast, Growth, Companies & Size

Market Forecast By Application (Performance, Comfort, Safety), By Motor Type (Electric Water pump motor, Radiator cooling fan motor, Electronic throttle valve control motor, Electronic variable gear ratio motor, Electronic variable valve timing motor, Variable nozzle turbo motor, Adjustable pedal motor, Electric power steering motor), By Technology (Welding, Bonding, Stamping, Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Trucks, Buses) And Competitive Landscape
Product Code: ETC4567586 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Thailand Motor Lamination Market: Import Trend Analysis

Thailand import trend for the motor lamination market experienced a notable decline from 2023 to 2024, with a growth rate of -43.21%. Despite this, the compound annual growth rate (CAGR) for 2020-2024 stood at 4.77%. This decline in import momentum could be attributed to shifting demand patterns or changes in trade policies impacting market stability.

Thailand Motor Lamination Market Synopsis

Motor laminations are essential components in electric motors, including those used in electric vehicles. As the demand for electric vehicles rises in Thailand, the market for motor laminations gains prominence.

Drivers of the Market

The Thailand Motor Lamination Market is witnessing robust growth as the demand for efficient and high-performance electric motors increases in electric vehicles and industrial applications. Motor laminations are crucial components that improve the efficiency of electric motors by reducing energy loss. The market expansion is fueled by Thailand commitment to electric mobility, promoting energy-efficient technologies, and meeting the demand for advanced motor laminations in the automotive and industrial sectors.

Challenges of the Market

The Thailand Motor Lamination Market faces several challenges that impact its growth and development. One significant challenge is the increasing competition in the market, driven by both domestic and international players. This heightened competition puts pressure on companies to innovate and differentiate their products to maintain market share. Additionally, the market contends with fluctuations in raw material prices, affecting production costs and overall profitability. The need for continuous technological advancements and the demand for energy-efficient solutions further add complexity to the landscape, requiring companies to invest in research and development. Regulatory challenges, such as compliance with environmental standards and safety regulations, also pose hurdles for market players.

COVID-19 Impact on the Market

The Thailand Motor Lamination Market faced challenges during the COVID-19 pandemic as disruptions in manufacturing activities and supply chains impacted the production of motor laminations. The restrictions on movement and changes in industrial priorities led to temporary declines in motor lamination orders. However, the market recovered post-pandemic as manufacturing activities resumed, and industries prioritized energy-efficient electric motors, driving the demand for motor laminations.

Key Players in the Market

The Thailand Motor Lamination Market is witnessing notable developments, with key players such as Nidec Corporation, ABB Ltd., and Siemens AG actively participating. Nidec Corporation, a major contributor, specializes in manufacturing motor laminations that are crucial components in electric motors. Their high-quality motor lamination solutions position Nidec as a key player in the motor lamination market in Thailand, supporting the electrification of various applications, including automotive systems.

Key Highlights of the Report:

  • Thailand Motor Lamination Market Outlook
  • Market Size of Thailand Motor Lamination Market, 2024
  • Forecast of Thailand Motor Lamination Market, 2031
  • Historical Data and Forecast of Thailand Motor Lamination Revenues & Volume for the Period 2021-2031
  • Thailand Motor Lamination Market Trend Evolution
  • Thailand Motor Lamination Market Drivers and Challenges
  • Thailand Motor Lamination Price Trends
  • Thailand Motor Lamination Porter's Five Forces
  • Thailand Motor Lamination Industry Life Cycle
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Performance for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Comfort for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Safety for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Motor Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Electric Water pump motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Radiator cooling fan motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Electronic throttle valve control motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Electronic variable gear ratio motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Electronic variable valve timing motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Variable nozzle turbo motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Adjustable pedal motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Electric power steering motor for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Welding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Bonding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Stamping for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Passenger Cars for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Light Commercial Vehicles for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Trucks for the Period 2021-2031
  • Historical Data and Forecast of Thailand Motor Lamination Market Revenues & Volume By Buses for the Period 2021-2031
  • Thailand Motor Lamination Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Motor Type
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Vehicle Type
  • Thailand Motor Lamination Top Companies Market Share
  • Thailand Motor Lamination Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Motor Lamination Company Profiles
  • Thailand Motor Lamination Key Strategic Recommendations

What are the key factors contributing to the growth of the Thailand motor lamination market?

One of the key factors driving growth in the Thailand motor lamination market is the increasing demand for electric vehicles (EVs). Companies like Nissan and Tesla are expanding their EV offerings, which require efficient and high-quality motor laminations for electric motors. This demand is further boosted by government initiatives promoting the adoption of EVs, such as Thailand's Board of Investment (BOI) offering incentives to manufacturers investing in electric vehicle production in the country.
In the Thailand motor lamination market, consumers are increasingly demanding energy-efficient motors to reduce operational costs and environmental impact. This trend has led companies like Mitsubishi Electric to introduce advanced motor lamination technologies that enhance efficiency and performance. Moreover, the government's focus on sustainability and energy conservation is driving policy changes favoring the adoption of eco-friendly motor laminations, encouraging companies such as SIAM United Steel to invest in green manufacturing processes.
The Thailand motor lamination market is primarily driven by the increasing demand for energy-efficient electric vehicles in the country. Companies like Nissan and Toyota are investing in electric vehicle production, leading to a higher demand for motor laminations that improve the performance and efficiency of these vehicles. However, challenges such as the rising raw material costs and intense competition from Chinese manufacturers are influencing the market dynamics. Companies like Thai Steel and Siam United Steel are working on innovative solutions to address these challenges and maintain a competitive edge in the market.
The Thailand motor lamination market refers to the industry that produces laminated cores for electric motors used in various applications such as automotive, industrial machinery, and consumer electronics. Key players in this market include companies like Thai Steel Electric Industry Co., Ltd. and Thai Techno Lamination Co., Ltd. These firms specialize in manufacturing high-quality laminations using materials like silicon steel to enhance the efficiency and performance of electric motors. The market is driven by the increasing demand for energy-efficient motors in Thailand, which has led to the adoption of advanced lamination technologies to meet the growing needs of industries in the region.
6Wresearch actively monitors the Thailand Motor Lamination Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Motor Lamination Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Thailand Motor Lamination Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Motor Lamination Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Motor Lamination Market - Industry Life Cycle

3.4 Thailand Motor Lamination Market - Porter's Five Forces

3.5 Thailand Motor Lamination Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Thailand Motor Lamination Market Revenues & Volume Share, By Motor Type, 2021 & 2031F

3.7 Thailand Motor Lamination Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.8 Thailand Motor Lamination Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

4 Thailand Motor Lamination Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient electric motors

4.2.2 Growth in automotive and electronics industries in Thailand

4.2.3 Rising focus on sustainable manufacturing practices

4.3 Market Restraints

4.3.1 Fluctuating raw material prices

4.3.2 Intense competition from global players

4.3.3 Regulatory challenges in the manufacturing sector

5 Thailand Motor Lamination Market Trends

6 Thailand Motor Lamination Market, By Types

6.1 Thailand Motor Lamination Market, By Application

6.1.1 Overview and Analysis

6.1.2 Thailand Motor Lamination Market Revenues & Volume, By Application, 2021-2031F

6.1.3 Thailand Motor Lamination Market Revenues & Volume, By Performance, 2021-2031F

6.1.4 Thailand Motor Lamination Market Revenues & Volume, By Comfort, 2021-2031F

6.1.5 Thailand Motor Lamination Market Revenues & Volume, By Safety, 2021-2031F

6.2 Thailand Motor Lamination Market, By Motor Type

6.2.1 Overview and Analysis

6.2.2 Thailand Motor Lamination Market Revenues & Volume, By Electric Water pump motor, 2021-2031F

6.2.3 Thailand Motor Lamination Market Revenues & Volume, By Radiator cooling fan motor, 2021-2031F

6.2.4 Thailand Motor Lamination Market Revenues & Volume, By Electronic throttle valve control motor, 2021-2031F

6.2.5 Thailand Motor Lamination Market Revenues & Volume, By Electronic variable gear ratio motor, 2021-2031F

6.2.6 Thailand Motor Lamination Market Revenues & Volume, By Electronic variable valve timing motor, 2021-2031F

6.2.7 Thailand Motor Lamination Market Revenues & Volume, By Variable nozzle turbo motor, 2021-2031F

6.2.8 Thailand Motor Lamination Market Revenues & Volume, By Electric power steering motor, 2021-2031F

6.2.9 Thailand Motor Lamination Market Revenues & Volume, By Electric power steering motor, 2021-2031F

6.3 Thailand Motor Lamination Market, By Technology

6.3.1 Overview and Analysis

6.3.2 Thailand Motor Lamination Market Revenues & Volume, By Welding, 2021-2031F

6.3.3 Thailand Motor Lamination Market Revenues & Volume, By Bonding, 2021-2031F

6.3.4 Thailand Motor Lamination Market Revenues & Volume, By Stamping, 2021-2031F

6.3.5 Thailand Motor Lamination Market Revenues & Volume, By Others, 2021-2031F

6.4 Thailand Motor Lamination Market, By Vehicle Type

6.4.1 Overview and Analysis

6.4.2 Thailand Motor Lamination Market Revenues & Volume, By Passenger Cars, 2021-2031F

6.4.3 Thailand Motor Lamination Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F

6.4.4 Thailand Motor Lamination Market Revenues & Volume, By Trucks, 2021-2031F

6.4.5 Thailand Motor Lamination Market Revenues & Volume, By Buses, 2021-2031F

7 Thailand Motor Lamination Market Import-Export Trade Statistics

7.1 Thailand Motor Lamination Market Export to Major Countries

7.2 Thailand Motor Lamination Market Imports from Major Countries

8 Thailand Motor Lamination Market Key Performance Indicators

8.1 Average lead time for motor lamination production

8.2 Percentage of motors using advanced lamination technologies

8.3 Rate of adoption of eco-friendly materials in motor lamination production

9 Thailand Motor Lamination Market - Opportunity Assessment

9.1 Thailand Motor Lamination Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Thailand Motor Lamination Market Opportunity Assessment, By Motor Type, 2021 & 2031F

9.3 Thailand Motor Lamination Market Opportunity Assessment, By Technology, 2021 & 2031F

9.4 Thailand Motor Lamination Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

10 Thailand Motor Lamination Market - Competitive Landscape

10.1 Thailand Motor Lamination Market Revenue Share, By Companies, 2024

10.2 Thailand Motor Lamination Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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