In terms of market side, this report researches the Electrical Steel revenue, growth rate, market share by manufacturers, by type, by application and by region (region level and country level), from 2018 to 2023, and forecast to 2029.Global Electrical Steel market size in 2022 is 16372.54 million US dollars, and it is expected to be 24781.28 million US dollars by 2029, with a compound annual growth rate of 6.10% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Electrical Steel market include ArcelorMittal (Luxembourg), POSCO (South Korea), Voestalpine AG (Austria), Baosteel (China), and Nippon Steel Corporation (Japan). The share of the top 3 players in the Electrical Steel market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Electrical Steel market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Grain Oriented Steel (CGRO) accounted for XX% of Electrical Steel market in 2022. Non-Oriented Electrical Steel (CRNGO) share of XX%.
Energy and Power accounted for XX% of the Electrical Steel market in 2022. Household Appliances accounts for XX%.
Report Includes:
This report presents an overview of global market for Electrical Steel. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key players of Electrical Steel, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Electrical Steel, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Electrical Steel market share and industry ranking of main players, data from 2018 to 2023. Identification of the major stakeholders in the global Electrical Steel market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, from 2018 to 2029. Evaluation and forecast the market size for Electrical Steel sales, projected growth trends, technology, application and end-user industry.
Market Trend:
Growing Demand: The electrical steel market has been witnessing steady growth due to increasing demand from various industries, such as energy, automotive, and consumer electronics. The expanding global population, urbanization, and industrialization have been the driving factors behind this demand.
Energy Infrastructure Development: The need for efficient energy generation, transmission, and distribution has fueled the demand for electrical steel. Renewable energy projects, including wind and solar power, require electrical steel for transformers and generators, driving market growth.
Automotive Electrification: The rising adoption of electric vehicles (EVs) has significantly impacted the electrical steel market. EVs require electrical steel for various components, including motors and transformers, contributing to increased demand. Government incentives and regulations promoting cleaner transportation have further accelerated this trend.
Technological Advancements: Continuous research and development efforts have led to the development of advanced electrical steel with improved magnetic properties and reduced energy losses. These advancements have enhanced the efficiency of electrical equipment and stimulated market growth.
Shift towards Grain-Oriented Electrical Steel: Grain-oriented electrical steel (GOES) is a specialized type of electrical steel that exhibits superior magnetic properties. It is extensively used in power transformers and large generators. The market has witnessed a shift towards GOES due to its high efficiency and performance advantages.
The Following is the Scope of Analysis Mainly Covered by Our Research on the Global {XX} Market:
Highlights-Regions
North America
United States
Canada
Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Latin America
Brazil
Argentina
Colombia
Mexico
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Player list
ArcelorMittal (Luxembourg)
POSCO (South Korea)
Voestalpine AG (Austria)
Baosteel (China)
Nippon Steel Corporation (Japan)
United States Steel Corporation (US)
SAIL (India)
TATA Steel (India)
Thyssenkrupp AG (Germany)
JFE Steel Corporation (Japan)
Esteel (South Korea)
Hesteel Group Tangsteel Company (China)
ChinaSteel (Taiwan)
ESL Steel Ltd. (India)
Jiangsu Shagang Group Su ICP (China)
Union Electric Steel Corporation (US)
Hebei puyang iron and steel group (china)
Aperam (Luxemborg) and Sko-Die Inc (US)
Cleveland-Cliffs Inc. (US)
Slovenian Steel Group (Slovenia)
Types list
Grain Oriented Steel (CGRO)
Non-Oriented Electrical Steel (CRNGO)
Application list
Energy and Power
Household Appliances
Automobiles
Building and Construction
Others
List of Tables and Figures
Figure Electrical Steel Picture
Table Product Definition of Electrical Steel
Table Global Electrical Steel Market Size by Type (2023 VS 2029)
Table Global Electrical Steel Market Size by Application (2023 VS 2029)
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Table Raw Materials Analysis
Table Labor Cost Analysis
Table Manufacturing Expenses Analysis
Figure Manufacturing Process Analysis of Electrical Steel
Figure Electrical Steel Industrial Chain Analysis
Figure Global Electrical Steel Revenue Market Size & Forecast (2018-2029)
Figure Global Electrical Steel Sales Market Size & Forecast (2018-2029)
Table Electrical Steel Market Size by Regions: 2018 VS 2023 VS 2029
Table Electrical Steel Historic Revenue Market Size by Regions (2018-2023)
Table Electrical Steel Historic Revenue Market Share by Regions (2018-2023)
Table Electrical Steel Historic Sales Market Size by Regions (2018-2023)
Table Electrical Steel Historic Sales Market Share by Regions (2018-2023)
Table Electrical Steel Forecasted Revenue Market Size by Regions (2023-2029)
Table Electrical Steel Forecasted Revenue Market Share by Regions (2023-2029)
Table Electrical Steel Forecasted Sales Market Size by Regions (2023-2029)
Table Electrical Steel Forecasted Sales Market Share by Regions (2023-2029)
Figure North America Electrical Steel Market Size & Forecast (2018-2029)
Figure Europe Electrical Steel Market Size & Forecast (2018-2029)
Figure Asia-Pacific Electrical Steel Market Size & Forecast (2018-2029)
Figure Latin America Electrical Steel Market Size & Forecast (2018-2029)
Figure Middle East & Africa Electrical Steel Market Size & Forecast (2018-2029)
Table North America Electrical Steel Revenue by Countries (2018-2029)
Table North America Electrical Steel Revenue Market Share by Countries (2018-2029)
Table North America Electrical Steel Sales by Countries (2018-2029)
Table North America Electrical Steel Sales Market Share by Countries (2018-2029)
Table North America Electrical Steel Revenue Share by Players 2022
Table North America Electrical Steel Sales by Types (2018-2023)
Table North America Electrical Steel Sales Market Share by Types (2018-2023)
Table North America Electrical Steel Sales by Applications (2018-2023)
Table North America Electrical Steel Sales Market Share by Applications (2018-2023)
Figure United States Electrical Steel Revenue and Growth (2018-2029)
Figure United States Electrical Steel Sales and Growth (2018-2029)
Figure Canada Electrical Steel Revenue and Growth (2018-2029)
Figure Canada Electrical Steel Sales and Growth (2018-2029)
Table Asia-Pacific Electrical Steel Revenue by Countries (2018-2029)
Table Asia-Pacific Electrical Steel Revenue Market Share by Countries (2018-2029)
Table Asia-Pacific Electrical Steel Sales by Countries (2018-2029)
Table Asia-Pacific Electrical Steel Revenue Market Share by Countries (2018-2029)
Table Asia Pacific Electrical Steel Revenue Share by Players 2022
Table Asia Pacific Electrical Steel Sales by Types (2018-2023)
Table Asia Pacific Electrical Steel Sales Market Share by Types (2018-2023)
Table Asia Pacific Electrical Steel Sales by Applications (2018-2023)
Table Asia Pacific Electrical Steel Sales Market Share by Applications (2018-2023)
Figure China Electrical Steel Revenue and Growth (2018-2029)
Figure China Electrical Steel Sales and Growth (2018-2029)
Figure Japan Electrical Steel Revenue and Growth (2018-2029)
Figure Japan Electrical Steel Sales and Growth (2018-2029)
Figure Korea Electrical Steel Revenue and Growth (2018-2029)
Figure Korea Electrical Steel Sales and Growth (2018-2029)
Figure Southeast Asia Electrical Steel Revenue and Growth (2018-2029)
Figure Southeast Asia Electrical Steel Sales and Growth (2018-2029)
Figure India Electrical Steel Revenue and Growth (2018-2029)
Figure India Electrical Steel Sales and Growth (2018-2029)
Figure Australia Electrical Steel Revenue and Growth (2018-2029)
Figure Australia Electrical Steel Sales and Growth (2018-2029)
Table Europe Electrical Steel Revenue by Countries (2018-2029)
Table Europe Electrical Steel Revenue Market Share by Countries (2018-2029)
Table Europe Electrical Steel Sales by Countries (2018-2029)
Table Europe Electrical Steel Sales Market Share by Countries (2018-2029)
Table Europe Electrical Steel Revenue Share by Players 2022
Table Europe Electrical Steel Sales by Types (2018-2023)
Table Europe Electrical Steel Sales Market Share by Types (2018-2023)
Table Europe Electrical Steel Sales by Applications (2018-2023)
Table Europe Electrical Steel Sales Market Share by Applications (2018-2023)
Figure Germany Electrical Steel Revenue and Growth (2018-2029)
Figure Germany Electrical Steel Sales and Growth (2018-2029)
Figure France Electrical Steel Revenue and Growth (2018-2029)
Figure France Electrical Steel Sales and Growth (2018-2029)
Figure UK Electrical Steel Revenue and Growth (2018-2029)
Figure UK Electrical Steel Sales and Growth (2018-2029)
Figure Italy Electrical Steel Revenue and Growth (2018-2029)
Figure Italy Electrical Steel Sales and Growth (2018-2029)
Figure Russia Electrical Steel Revenue and Growth (2018-2029)
Figure Russia Electrical Steel Sales and Growth (2018-2029)
Figure Spain Electrical Steel Revenue and Growth (2018-2029)
Figure Spain Electrical Steel Sales and Growth (2018-2029)
Figure Nordic Electrical Steel Revenue and Growth (2018-2029)
Figure Nordic Electrical Steel Sales and Growth (2018-2029)
Table Latin America Electrical Steel Revenue by Countries (2018-2029)
Table Latin America Electrical Steel Revenue Market Share by Countries (2018-2029)
Table Latin America Electrical Steel Sales by Countries (2018-2029)
Table Latin America Electrical Steel Sales Market Share by Countries (2018-2029)
Table Latin America Electrical Steel Revenue Share by Players 2022
Table Latin America Electrical Steel Sales by Types (2018-2023)
Table Latin America Electrical Steel Sales Market Share by Types (2018-2023)
Table Latin America Electrical Steel Sales by Applications (2018-2023)
Table Latin America Electrical Steel Sales Market Share by Applications (2018-2023)
Figure Brazil Electrical Steel Revenue and Growth (2018-2029)
Figure Brazil Electrical Steel Sales and Growth (2018-2029)
Figure Argentina Electrical Steel Revenue and Growth (2018-2029)
Figure Argentina Electrical Steel Sales and Growth (2018-2029)
Figure Colombia Electrical Steel Revenue and Growth (2018-2029)
Figure Colombia Electrical Steel Sales and Growth (2018-2029)
Figure Mexico Electrical Steel Revenue and Growth (2018-2029)
Figure Mexico Electrical Steel Sales and Growth (2018-2029)
Table Middle East & Africa Electrical Steel Revenue by Countries (2018-2029)
Table Middle East & Africa Electrical Steel Revenue Market Share by Countries (2018-2029)
Table Middle East & Africa Electrical Steel Sales by Countries (2018-2029)
Table Middle East & Africa Electrical Steel Sales Market Share by Countries (2018-2029)
Table Latin America Electrical Steel Revenue Share by Players 2022
Table Middle East & Africa Electrical Steel Sales by Types (2018-2023)
Table Middle East & Africa Electrical Steel Sales Market Share by Types (2018-2023)
Table Middle East & Africa Electrical Steel Sales by Applications (2018-2023)
Table Middle East & Africa Electrical Steel Sales Market Share by Applications (2018-2023)
Figure Egypt Electrical Steel Revenue and Growth (2018-2029)
Figure Egypt Electrical Steel Sales and Growth (2018-2029)
Figure South Africa Electrical Steel Revenue and Growth (2018-2029)
Figure South Africa Electrical Steel Sales and Growth (2018-2029)
Figure Israel Electrical Steel Revenue and Growth (2018-2029)
Figure Israel Electrical Steel Sales and Growth (2018-2029)
Figure Turkey Electrical Steel Revenue and Growth (2018-2029)
Figure Turkey Electrical Steel Sales and Growth (2018-2029)
Figure GCC Countries Electrical Steel Revenue and Growth (2018-2029)
Figure GCC Countries Electrical Steel Sales and Growth (2018-2029)
Table Global Electrical Steel Revenue and Market Size by Type (2018-2023)
Table Global Electrical Steel Revenue and Market Share by Type (2018-2023)
Table Global Electrical Steel Sales and Market Size by Type (2018-2023)
Table Global Electrical Steel Sales and Market Share by Type (2018-2023)
Table Global Electrical Steel Revenue Market Size Forecast by Type (2023-2029)
Table Global Electrical Steel Revenue Market Share Forecast by Type (2023-2029)
Table Global Electrical Steel Sales Market Size Forecast by Type (2023-2029)
Table Global Electrical Steel Sales Market Share Forecast by Type (2023-2029)
Figure Global Electrical Steel Market Size and Growth by {Type 1} (2018-2029)
Figure Global Electrical Steel Market Size and Growth by {Type 2} (2018-2029)
Table Global Electrical Steel Revenue Market Size by Application (2018-2023)
Table Global Electrical Steel Revenue Market Share by Application (2018-2023)
Table Global Electrical Steel Sales Market Size by Application (2018-2023)
Table Global Electrical Steel Sales Market Share by Application (2018-2023)
Table Global Electrical Steel Revenue Market Size by Application (2023-2029)
Table Global Electrical Steel Revenue Market Share by Application (2023-2029)
Table Global Electrical Steel Sales Market Size by Application (2023-2029)
Table Global Electrical Steel Sales Market Share by Application (2023-2029)
Figure Global Electrical Steel Market Size and Growth by {Application 1} (2018-2029)
Figure Global Electrical Steel Market Size and Growth by {Application 2} (2018-2029)
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
Table Market Mergers & Acquisitions
Table Market New Entrants and Expansion Plans
Table Distributors of Electrical Steel with Contact Information
Table Major Customers of Electrical Steel with Contact Information
Table ArcelorMittal (Luxembourg) Profile
Table Product Overview
Table ArcelorMittal (Luxembourg) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure ArcelorMittal (Luxembourg) Sales and Growth Rate
Figure ArcelorMittal (Luxembourg) Revenue Market Share 2017-2022
Table Business Overview
Table POSCO (South Korea) Profile
Table Product Overview
Table POSCO (South Korea) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure POSCO (South Korea) Sales and Growth Rate
Figure POSCO (South Korea) Revenue Market Share 2017-2022
Table Business Overview
Table Voestalpine AG (Austria) Profile
Table Product Overview
Table Voestalpine AG (Austria) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Voestalpine AG (Austria) Sales and Growth Rate
Figure Voestalpine AG (Austria) Revenue Market Share 2017-2022
Table Business Overview
Table Baosteel (China) Profile
Table Product Overview
Table Baosteel (China) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Baosteel (China) Sales and Growth Rate
Figure Baosteel (China) Revenue Market Share 2017-2022
Table Business Overview
Table Nippon Steel Corporation (Japan) Profile
Table Product Overview
Table Nippon Steel Corporation (Japan) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Nippon Steel Corporation (Japan) Sales and Growth Rate
Figure Nippon Steel Corporation (Japan) Revenue Market Share 2017-2022
Table Business Overview
Table United States Steel Corporation (US) Profile
Table Product Overview
Table United States Steel Corporation (US) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure United States Steel Corporation (US) Sales and Growth Rate
Figure United States Steel Corporation (US) Revenue Market Share 2017-2022
Table Business Overview
Table SAIL (India) Profile
Table Product Overview
Table SAIL (India) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure SAIL (India) Sales and Growth Rate
Figure SAIL (India) Revenue Market Share 2017-2022
Table Business Overview
Table TATA Steel (India) Profile
Table Product Overview
Table TATA Steel (India) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure TATA Steel (India) Sales and Growth Rate
Figure TATA Steel (India) Revenue Market Share 2017-2022
Table Business Overview
Table Thyssenkrupp AG (Germany) Profile
Table Product Overview
Table Thyssenkrupp AG (Germany) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Thyssenkrupp AG (Germany) Sales and Growth Rate
Figure Thyssenkrupp AG (Germany) Revenue Market Share 2017-2022
Table Business Overview
Table JFE Steel Corporation (Japan) Profile
Table Product Overview
Table JFE Steel Corporation (Japan) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure JFE Steel Corporation (Japan) Sales and Growth Rate
Figure JFE Steel Corporation (Japan) Revenue Market Share 2017-2022
Table Business Overview
Table Esteel (South Korea) Profile
Table Product Overview
Table Esteel (South Korea) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Esteel (South Korea) Sales and Growth Rate
Figure Esteel (South Korea) Revenue Market Share 2017-2022
Table Business Overview
Table Hesteel Group Tangsteel Company (China) Profile
Table Product Overview
Table Hesteel Group Tangsteel Company (China) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Hesteel Group Tangsteel Company (China) Sales and Growth Rate
Figure Hesteel Group Tangsteel Company (China) Revenue Market Share 2017-2022
Table Business Overview
Table ChinaSteel (Taiwan) Profile
Table Product Overview
Table ChinaSteel (Taiwan) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure ChinaSteel (Taiwan) Sales and Growth Rate
Figure ChinaSteel (Taiwan) Revenue Market Share 2017-2022
Table Business Overview
Table ESL Steel Ltd. (India) Profile
Table Product Overview
Table ESL Steel Ltd. (India) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure ESL Steel Ltd. (India) Sales and Growth Rate
Figure ESL Steel Ltd. (India) Revenue Market Share 2017-2022
Table Business Overview
Table Jiangsu Shagang Group Su ICP (China) Profile
Table Product Overview
Table Jiangsu Shagang Group Su ICP (China) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Jiangsu Shagang Group Su ICP (China) Sales and Growth Rate
Figure Jiangsu Shagang Group Su ICP (China) Revenue Market Share 2017-2022
Table Business Overview
Table Union Electric Steel Corporation (US) Profile
Table Product Overview
Table Union Electric Steel Corporation (US) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Union Electric Steel Corporation (US) Sales and Growth Rate
Figure Union Electric Steel Corporation (US) Revenue Market Share 2017-2022
Table Business Overview
Table Hebei puyang iron and steel group (china) Profile
Table Product Overview
Table Hebei puyang iron and steel group (china) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Hebei puyang iron and steel group (china) Sales and Growth Rate
Figure Hebei puyang iron and steel group (china) Revenue Market Share 2017-2022
Table Business Overview
Table Aperam (Luxemborg) and Sko-Die Inc (US) Profile
Table Product Overview
Table Aperam (Luxemborg) and Sko-Die Inc (US) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Aperam (Luxemborg) and Sko-Die Inc (US) Sales and Growth Rate
Figure Aperam (Luxemborg) and Sko-Die Inc (US) Revenue Market Share 2017-2022
Table Business Overview
Table Cleveland-Cliffs Inc. (US) Profile
Table Product Overview
Table Cleveland-Cliffs Inc. (US) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Cleveland-Cliffs Inc. (US) Sales and Growth Rate
Figure Cleveland-Cliffs Inc. (US) Revenue Market Share 2017-2022
Table Business Overview
Table Slovenian Steel Group (Slovenia) Profile
Table Product Overview
Table Slovenian Steel Group (Slovenia) Electrical Steel Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Slovenian Steel Group (Slovenia) Sales and Growth Rate
Figure Slovenian Steel Group (Slovenia) Revenue Market Share 2017-2022
Table Business Overview
Table Research Findings and Conclusion
