According to a recent market study published by Growth Market Reports, titled, “Global Die Cast Copper Rotor Market, By Power, Frequency, Energy Efficiency, Application, Distribution Channel, Sales Type, and Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market size was valued at USD 347.6 Million in 2022 and is anticipated to expand at a growth rate of 10.7% by 2031.

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The revolving component of an electric machine, such as an electric generator or motor, is referred to as the rotor. It is the part of the machine that rotates or spins. The rotor is either wound or contains permanent magnets. Die cast rotors are made from various materials; however, copper is a widely used material to manufacture Die Cast Copper Rotor. Molten copper is poured into a mold to create the desired shape. Copper rotors have better electrical conductivity than aluminum rotors, which increases motor efficiency and reduces energy losses. The energy efficiency of induction motors significantly increased by substituting copper for aluminum in the conductor bars and end rings.

The Die Cast Copper Rotor market has been fragmented into power, frequency, energy efficiency, application, distribution channel, sales type, and region. Based on power, the Die Cast Copper Rotor market is segmented into up to 10 HP, 10-20 HP, and more than 40 HP. On the basis of frequency, the Die Cast Copper Rotor market is divided into up to 100 Hz, 100-200 Hz, 200-300 Hz, and more than 300 Hz. In terms of energy efficiency, the Die Cast Copper Rotor market is classified as IE3, IE4, and IE5. Based on application, the Die Cast Copper Rotor market is bifurcated into AC Motor and DC Motor. In terms of distribution channel, the Die Cast Copper Rotor market is segmented into manufacturer to end consumer/direct and distributor to end consumer/indirect. On the basis of sales type, the Die Cast Copper Rotor market is categorized into new sales and aftermarket. On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, And Middle East & Africa.

Key factors that are anticipated to fuel the Die Cast Copper Rotor market during the forecast period include increasing demand for electric vehicles with enhanced efficiency, rising demand for electric motors in wastewater management, and rising inclination toward energy-efficient products. The increased copper and steel content in IE3 and IE4 motors significantly impacts their efficiency. These motors require high protection and an increased power range. Government laws necessitate IE4 for single-speed motors with two, four, and six poles when they are used in the EU. Die Cast Copper Rotor are often used in motors to boost output and enhance energy efficiency. The rising demand for enhanced energy-efficient motors boosts the production of IE4 motors.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, created global interdependence, and challenged various governments. Manufacturers of Die Cast Copper Rotor faced high fluctuations in raw material supply during the pandemic. Manufacturing units were shut down during the pandemic, which restrained the market. This decreased the demand for various raw materials used to manufacture Die Cast Copper Rotor. Furthermore, supply chain disruption led to delays in the production and delivery of Die Cast Copper Rotor, thus affecting the overall market.

According to the Growth Market Reports industry analyst, Partha Paul, “Die Cast Copper Rotor” are an essential component in motors used in power generation and automotives.

Technology breakthroughs, rising environmental awareness, and pro-green legislative initiatives have made electric vehicles a very popular and sustainable form of transportation. Customers and businesses are shifting increasingly to electric cars to reduce their carbon footprint and contribute to a green future, due to the growing concerns about climate change and air pollution. Thus, it is necessary to maximize the performance of the electric motors utilized in EVs to achieve excellent efficiency. The rising usage of copper rotors in electric cars to achieve optimum efficiency fuels the market.

The Die Cast Copper Rotor market in North America is expected to expand significantly, due to the well-established electric motors and electric vehicles businesses in the region. The growing need for high-efficiency electric motors from the oil and gas, pharmaceutical, and food and beverage industries is anticipated to propel the die cast rotor market in the region.

A supply chain is a network between a manufacturer and suppliers to produce and distribute a specific product to the final buyers. This network includes different people, regulatory bodies, entities, information, and resources. Various components are used to manufacture Die Cast Copper Rotor. These components are procured from raw material suppliers and stored at warehouses or manufacturing sites. Raw materials are inspected to ensure their quality. Quality checks are performed throughout the production process by manufacturers to ensure the quality of the product. The finished products are then supplied to the distributors. Distributors store finished products in large inventories and are mediators in the supply chain. They directly obtain the products from the manufacturers and pass them midstream. End-users of Die Cast Copper Rotor include automotive, power and energy generation, and oil and gas industries.

Key Takeaways from the Study:

  • The players in the Die Cast Copper Rotor market include Kitra; Shanghai Metal Corporation; FAVI S.A; THT Presses, Inc; ARC Systems Inc.; Chia Yow Metals Co., Ltd.; Inox; Best Stamping Pvt. Ltd.; MAGCORE; CASTMAN CO., LTD.; and JÄGER GROUP, which held a significant market share in 2022.

  • Based on power, the Die Cast Copper Rotor market is segmented into up to 10 HP, 10-20 HP, and upto 20 HP. Electric motor with a horsepower of more than 40 HP is an essential component of the powertrain of an electric car that uses Die Cast Copper Rotor to convert electricity into torque to moves the vehicle. The exponential expansion in electric car sales in China, the US, Japan, South Korea, and Europe is expected to drive the market.

  • Based on frequency, the Die Cast Copper Rotor market is segmented into up to Upto 100 Hz, 100-200 Hz, 200 - 300 Hz, and more than 300 Hz. Electric motor with a upto 100 Hz is widely used in the electric vehicles. The most common frequency found in the electric motor is 50 Hz and 60 Hz. This factor drives the market growth.

  • On the basis of applications, the Die Cast Copper Rotor market is bifurcated into AC motor and DC motor. Rising environmental concerns and altering oil costs are driving up demand for electric automobiles. Electric cars utilize AC copper rotor motors to increase their efficiency and deliver the torque required to move the wheels, resulting in energy savings. Die cast copper rotor demand is expected to grow in parallel with the use of AC electric motors in EVs.

  • Based on distribution channel, the Die Cast Copper Rotor market is segmented into manufacturer to end consumer/direct and distributor to end consumer/indirect. Indirect sales enable businesses to grow their sales force without the cost of hiring additional salespeople. Thus, indirect sales have become increasingly popular in recent years. Businesses invest funds in partner relationship management (PRM) programs to expand their clientele. Moreover, businesses improve the cost-effectiveness of their operations by collaborating with indirect sales channels.

  • On the basis of sales type, the market is divided into new sales and aftermarket. The aftermarket segment is anticipated to expand at a significant CAGR during the forecasted period. After market refers to the purchases made on the replacement parts and accessories not made by the original base product manufacturers. Therefore, they are cheaper than original equipment manufacturers (OEMs). Aftermarket rotors are built with better quality materials which enhance the motor shelf life. The rising replacement and enhancement to maintain the shelf life of motors boost the market growth of this segment.

  • In terms of region, the die cast copper motor market is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to expand at a CAGR of 11.7% during the forecast period, due to the rapid urbanization and industrialization. Die cast copper rotor is an essential part in electric motors to operate efficiently. The growing chemical and wastewater industries in China, India, and Japan propels the market in the region. Additionally, the rising adoption of electric motors in the automotive and pharmaceutical industries drives the Die Cast Copper Rotor market in the region.

Report Scope:

Report Metric

Details

Market Value in 2022

USD 347.6 Million

Market Growth Rate (from 2023 to 2031)

10.7%

Historical Data

2016 - 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (US$ Million)

Market Segments

Power, Frequency, Energy Efficiency, Application, Distribution Channel, Sales Type, and Region

Key Companies Profiled

Kitra; Shanghai Metal Corporation; FAVI S.A; THT Presses, Inc; ARC Systems Inc.; Chia Yow Metals Co., Ltd.; Inox; Best Stamping Pvt. Ltd.; MAGCORE; CASTMAN CO.,LTD.; and JÄGER GROUP

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Manufacturer and distributors.

  • Demand Side: Power generation, Chemical, Oil & Gas, Automotive, and Others.

  • Regulatory Side: Concerned government authorities, and other approval regulatory bodies.

  • Associations and Industry Bodies: HTRS, ASME, IAES, HEI, and WCI.