Coreless winding designs for stators have gained more interest in the field of electrical machine engineering because of their ability to deliver high-efficiency results, lower electromagnetic losses, and enhanced torque density. Coreless windings successfully reduce iron losses, cogging torque, and magnetic saturation effects by removing the ferromagnetic stator core, making them ideal for applications with low to high speeds and low torque ripple. This resaerch offers a detailed overview of performance metrics related to stator coreless windings, deriving insights from earlier documented analytical, numerical, and experimental research. The key performance indicators analyzed consist of electromagnetic torque capability, winding factor, harmonic distortion, copper loss, thermal behavior, power density, and overall efficiency. The impact of winding topology like toroidal, concentrated or non-concentrated, planar or flat, and printed and flexible PCB-based windings on these performance metrics is examined in depth. Moreover, practical issues concerning mechanical structural support, thermal control, insulation needs, and production tolerances are examined. Comparisons among various machine topologies and operational conditions are emphasized to uncover the inherent trade-offs between efficiency, torque density, and thermal performance. This study offers design-focused insights and highlights essential factors for enhancing stator-less machines by integrating current research results. The findings of this review aim to aid informed design choices for new applications, such as hydro or wind energy systems, electric vehicles, and aerospace propulsion and actuation systems.