February 25, 2020

Automotive Chassis Systems Market Precise Analysis On Business Overview, Product Scope

Electrical Steel Motors Amplify Electromobility in EVs

New developments in the rolled steel motor market have facilitated the inception of electrical steel. These

electrical steel

strips form the heart of electric motors, and determine the efficiency of electric vehicles (EVs). Heavy utilization of electrical steel motors in the EV market has triggered their growing prominence in battery-powered and hybrid electric vehicles (HEVs). Thus, with the increasing adoption of electric vehicles by customers expected in the coming decade, manufacturers in the rolled steel motor market can profit from this trend.

As such, manufacturers in the rolled steel motor market are developing high-performance electrical steel motors that shorten production cycles with low temperature and less pressure for curing in the EV landscape. They are increasing focus on enhancing electromobility in EVs by eliminating the need for mechanical joining and welding to reduce the adverse effects that might affect the magnetic properties of electrical steel motors. For instance, Voestalpine - a steel industry company, announced the launch of isovac® and backlack-v® products that offer exceptional stamping properties and minimal magnetization losses for manufacturers in the EV space.

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Cost-efficient and Advanced Washdown Motors Gain Prominence in Food & Beverage Applications

There is growing demand for durable washdown motors for various

food & beverage

(F&B) applications. To address this growing demand, manufacturers in the rolled steel motor market are engineering efficacious washdown motors that stand up against the rigors of food processing and beverage manufacturing. As such, the production of rolled steel motors is projected to be the second-highest for the food & beverage sector, i.e. ~

17,500

thousand units in

2027.

Thus, the demand for reliable and low-maintenance washdown motors is catalyzing market growth.

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Manufacturers are increasing the application of rolled steel motors in other end markets such as

meat packaging

, pharmaceutical packaging, and sugar refining. Unique and time-saving washdown fan motors serve as cost-efficient alternative for stakeholders in the food & beverage landscape as they drastically minimize uptime during various processes. As such, manufacturers in the rolled steel motor market are innovating new waterproof and government-approved motors. To align with government regulations, manufacturers are developing non-toxic epoxy paint motors as well as paint-free motors that deliver superior performance to withstand caustic chemicals and high water pressures in the F&B space.