Core Viewpoint - The global motor core progressive die market is projected to reach USD 630 million by 2031, with a compound annual growth rate (CAGR) of 6.7% in the coming years [1][4]. Market Overview - The main manufacturers in the global motor core progressive die market include Mitsui High-Tech Co., Ltd., Zhenyu Technology, Kuroda Precision Industries, LH Carbide, and Corrada [4]. - In 2024, the top four manufacturers are expected to hold approximately 54.0% of the market share [4]. Industry Trends - The "Internet +" trend is driving the development of smart home appliances, with a focus on new, energy-efficient, and intelligent products [7]. - The demand for high-efficiency motors (IE4/IE5) is pushing the progressive die market towards "multi-column, ultra-thin laminations," with precision requirements reaching ±2 μm [8]. - The explosive demand for electric vehicle motor cores is increasing the market for progressive dies, as the value per vehicle is high due to components like stator and rotor core combinations [8]. Technological Advancements - The precision of molds is expected to exceed 0.002 mm to meet the stringent performance requirements of high-frequency motors in electric vehicles [10]. - The rise in demand for servo motors and robotic joint motors is leading to a transition towards brushless technology in air conditioning compressors and washing machine motor cores, increasing the penetration rate of multi-column progressive dies [9]. Regional Development - Regions such as the Yangtze River Delta and the Pearl River Delta are forming mold industry clusters, integrating upstream and downstream resources to enhance overall competitiveness [11].