Electrical steel is generally manufactured into cold-rolled strips less than 2 mm thick, which are cut into shape to make laminations which are stacked together to form the laminated cores of transformers, and the stator and rotor of electric motors. They are segment as grain oriented and non-grain oriented type.
How Big is The Global Electrical Steel Market?
The global Electrical Steel Market is expected to be around US$ 47 Billion by 2027 at a CAGR of 7.0% in the given forecast period.
The major driving factors of global electrical steel market are as follows:
The restraining factors of global electrical steel market are as follows:
The global electrical steel market is segmented on the lines of its technology, treatment, application and regional. Based on technology segmentation it covers Grain-oriented, Non Grain-oriented; and based onapplication segmentation it covers Transformers, Current, Power, Distribution, Motors, Inductorsand other application. The global electrical steel marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for electrical steel and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for global electrical steel market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Report scope:
The scope of the report includes a detailed study of global and regional markets on electrical steel market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include ArcelorMittal, POSCO, Voestalpine, Baosteel, Nippon Steel, Steel Authority, Tata Steel, JFE Steel Corporation, Essar Steel. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The global Electrical Steel Market has been segmented as below:
By Technology Analysis:
By Application Analysis:
By Regional Analysis:
Reasons to Buy this Report:
1) Obtain the most up to date information available on all global electrical steel market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of global electrical steel market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Developing Economies to Witness Higher Demand for Electrical Steel
4.2 Electrical Steel Market, By Type
4.3 Electrical Steel Market, By Application
4.4 Electrical Steel Market, By End-User Industry
4.6 Asia Pacific: Electrical Steel Market
4.7 Electrical Steel Market: Regional Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Urban Population Proliferate the Demand for Electrical Steel
5.3.1.2 High Consumption Rate of Electrical Steel in Transformers and Motors
5.3.2 Restraints
5.3.2.1 Volatile Price of Raw Material
5.3.3 Opportunities
5.3.3.1 Upcoming Regulations and Government Support
5.3.4 Challenges
5.3.4.1 Safety and Technological Constraints
5.4 Micro Economic Indicators
6 Electrical Steel Market, By Type
6.1 Introduction
6.2 Grain-Oriented Steel
6.3 Non Grain-Oriented Steel
6.3.1 Fully Processed
6.3.2 Semi-Processed
7 Electrical Steel Market, By Application
7.1 Introduction
7.1.1 Transformers
7.1.2 Current Transformers
7.1.3 Power Transformers
7.1.4 Distribution Transformers
7.1.5 Motors
7.1.6 Inductors
7.1.7 Others (Batteries and Welding Equipment)
8 Electrical Steel Market, By End-User Industry
8.1 Introduction
8.1.1 Energy
8.1.2 Automobile
8.1.3 Manufacturing
8.1.4 Household Appliances
8.1.5 Others
9 Electrical Steel Market, By Region
9.1 Introduction
9.1.1 Electrical Steel Market, By Type
9.1.2 Electrical Steel Market, By Application
9.1.3 Electrical Steel Market, By End-User Industry
9.2 North America
9.2.1 North America: Electrical Steel Market, By Country
9.2.2 North America: Electrical Steel Market, By Type
9.2.3 North America: Electrical Steel Market, By Application
9.2.4 North America: Electrical Steel Market, By End-User Industry
9.2.5 U.S.
9.2.5.1 U.S.: Electrical Steel Market, By Type
9.2.6 U.S.: Electrical Steel Market, By End-Use Industry
9.2.7 Canada
9.2.7.1 Canada: Electrical Steel Market, By Type
9.2.8 Canada: Electrical Steel Market, By End-User Industry
9.2.9 Mexico
9.2.9.1 Mexico: Electrical Steel Market, By Type
9.2.10 Mexico: Electrical Steel Market, By End-User Industry
9.3 Europe
9.3.1 Europe: Electrical Steel Market, By Country
9.3.2 Europe: Electrical Steel Market, By Type
9.3.3 Europe: Electrical Steel Market, By Application
9.3.4 Europe: Electrical Steel Market, By End-User Industry
9.3.5 Germany
9.3.5.1 Germany: Electrical Steel Market, By Type
9.3.6 Europe: Electrical Steel Market, By Application
9.3.6.1 Germany: Electrical Steel Market, By End-User Industry
9.3.7 U.K.
9.3.7.1 U.K.: Electrical Steel Market, By Type
9.3.8 U.K.: Electrical Steel Market, By Application
9.3.8.1 U.K.: Electrical Steel Market, By End-User Industry
9.3.9 France
9.3.9.1 France: Electrical Steel Market, By Type
9.3.10 France: Electrical Steel Market, By Application
9.3.10.1 France: Electrical Steel Market, By End-User Industry
9.3.11 Russia
9.3.11.1 Russia: Electrical Steel Market, By Type
9.3.12 Russia: Electrical Steel Market, By Application
9.3.12.1 Russia: Electrical Steel Market, By End-User Industry
9.3.13 Rest of Europe
9.3.13.1 Rest of Europe: Electrical Steel Market, By Type
9.3.14 Rest of Europe: Electrical Steel Market, By Application
9.3.14.1 Rest of Europe: Electrical Steel Market, By End-User Industry
9.4 Asia-Pacific
9.4.1 Asia-Pacific: Electrical Steel Market, By Country
9.4.2 Asia-Pacific: Electrical Steel Market, By Type
9.4.3 Asia-Pacific: Electrical Steel Market, By Application
9.4.4 Asia-Pacific: Electrical Steel Market, By End-User Industry
9.4.5 China
9.4.5.1 China: Electrical Steel Market, By Type
9.4.5.2 China: Electrical Steel Market, By End-User Industry
9.4.6 India
9.4.6.1 India: Electrical Steel Market, By Type
9.4.6.2 India: Electrical Steel Market, By End-User Industry
9.4.7 Japan
9.4.7.1 Japan: Electrical Steel Market, By Type
9.4.7.2 Japan: Electrical Steel Market, By End-User Industry
9.4.8 South Korea
9.4.8.1 South Korea: Electrical Steel Market, By Type
9.4.8.2 South Korea: Electrical Steel Market, By End-User Industry
9.4.9 Rest of Asia-Pacific
9.4.9.1 Rest of Asia-Pacific: Electrical Steel Market, By Type
9.4.9.2 Rest of Asia-Pacific: Electrical Steel Market, By Application
9.4.9.3 Rest of Asia-Pacific: Electrical Steel Market, By End-User Industry
9.5 Middle East & Africa
9.5.1 South Africa
9.5.2 Saudi Arabia
9.5.3 Egypt
9.5.4 Qatar
9.5.5 Rest of Middle East & Africa
9.6 Latin America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Chile
9.6.4 Peru
9.6.5 Rest of Latin America
10 Competitive Landscape
10.1 Overview
10.2 Competitive Situations & Trends
10.3 Market Share of Leading Electrical Steel Manufacturing Companies
10.3.1 Arcelormittal
10.3.2 Posco
10.3.3 Nippon Steel
10.3.4 Baosteel
10.4 Agreement & Contracts, Joint Ventures, and Collaborations
10.5 Expansion & Investments
10.7 New Product & Technology Launches
10.8 Mergers & Acquisitions
11 Company Profile
11.1 Introduction
11.2 Arcelor Mittal
11.3 Posco
11.4 Voestalpine Group
11.5 Baosteel
11.6 Nippon Steel & Sumitomo Metal Corporation
11.7 United States Steel Corporation
11.8 Steel Authority of India Limited
11.9 Tata Steel Limited
11.10 JFE Steel Corporation
11.11 Essar Steel
11.12 Hebei Puyang Iron and Steel Group
11.13 Jiangsu Shagang International Trade Co. Ltd.
11.14 China Steel Corporation
11.15 JSW Steel
11.16 Wuhan Iron & Steel Corporation
11.17 Thyssenkrupp AG
11.18 Angang Steel Company Limited
11.19 Electrosteel Limited
11.20 Allengency Technologies
11.21 Union Electric Steel Corporation
The global Electrical Steel Market has been segmented as below:
By Technology Analysis:
By Application Analysis:
By Regional Analysis:
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