Motor Cores Market Expected to Reach USD 21.8 Billion by 2032 | Rising EV Demand and Industrial Automation Drive Growth https://dataintelo.com/report/global-motor-cores-market The global Motor Cores Market is projected to surge from USD 13.2 billion in 2023 to USD 21.8 billion by 2032, growing at a steady CAGR of 5.9% during the forecast period. The increasing penetration of electric vehicles (EVs), industrial automation, and energy-efficient motor systems is significantly fueling demand across diverse applications. Motor cores are crucial components in electric motors, comprising laminated steel sheets that reduce energy losses and enhance magnetic efficiency. With the ongoing global transition toward energy-saving technologies, the motor cores industry is witnessing robust expansion across the automotive, industrial, and consumer electronics sectors.