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Electrical Steel Market

Electrical Steel Market

Electrical Steel Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

149

Base Year:

2022

Date

Dec - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1946

Segments Covered
  • By Types By Types Grain-Oriented, Non-Grain-Oriented
  • By End Use Industries By End Use Industries Energy, Automotive, Household Appliances, Manufacturing, Other End Use Industries
  • By Applications By Applications Transformers, Motors, Inductors, Other Applications
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 34.88 Billion
Revenue 2030Revenue 2030: USD 54.34 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 5.70%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Electrical Steel Market - Segment Analysis
    1. Overview
    2. Global Electrical Steel Market, 2016 - 2028 (USD Million)
    3. Global Electrical Steel Market - by Types
      1. By Grain-Oriented
      2. By Non-Grain-Oriented
    4. Global Electrical Steel Market - by End Use Industries
      1. By Energy
      2. By Automotive
      3. By Household Appliances
      4. By Manufacturing
      5. By Other End Use Industries
    5. Global Electrical Steel Market - by Applications
      1. By Transformers
      2. By Motors
      3. By Inductors
      4. By Other Applications
    6. Global Electrical Steel Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Electrical Steel Market - Segment Analysis
    1. Overview
    2. North America Electrical Steel Market, 2016 - 2028 (USD Million)
    3. North America Electrical Steel Market, by Types
      1. By Grain-Oriented
      2. By Non-Grain-Oriented
    4. North America Electrical Steel Market, by End Use Industries
      1. By Energy
      2. By Automotive
      3. By Household Appliances
      4. By Manufacturing
      5. By Other End Use Industries
    5. North America Electrical Steel Market, by Applications
      1. By Transformers
      2. By Motors
      3. By Inductors
      4. By Other Applications
    6. North America Electrical Steel Market, by Country
      1. U.S.
        1. U.S. Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. U.S. Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. U.S. Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      2. Canada
        1. Canada Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Canada Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Canada Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      3. Mexico
        1. Mexico Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Mexico Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Mexico Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
  5. Europe Electrical Steel Market - Segment Analysis
    1. Overview
    2. Europe Electrical Steel Market, 2016 - 2028 (USD Million)
    3. Europe Electrical Steel Market, by Types
      1. By Grain-Oriented
      2. By Non-Grain-Oriented
    4. Europe Electrical Steel Market, by End Use Industries
      1. By Energy
      2. By Automotive
      3. By Household Appliances
      4. By Manufacturing
      5. By Other End Use Industries
    5. Europe Electrical Steel Market, by Applications
      1. By Transformers
      2. By Motors
      3. By Inductors
      4. By Other Applications
    6. Europe Electrical Steel Market, by Country
      1. Germany
        1. Germany Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Germany Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Germany Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      2. UK
        1. UK Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. UK Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. UK Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      3. France
        1. France Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. France Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. France Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      4. Spain
        1. Spain Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Spain Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Spain Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      5. Italy
        1. Italy Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Italy Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Italy Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      6. BENELUX
        1. BENELUX Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. BENELUX Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. BENELUX Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      7. Rest of Europe
        1. Rest Of Europe Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Rest Of Europe Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Rest Of Europe Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
  6. Asia Pacific Electrical Steel Market - Segment Analysis
    1. Overview
    2. Asia Pacific Electrical Steel Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Electrical Steel Market, by Types
      1. By Grain-Oriented
      2. By Non-Grain-Oriented
    4. Asia Pacific Electrical Steel Market, by End Use Industries
      1. By Energy
      2. By Automotive
      3. By Household Appliances
      4. By Manufacturing
      5. By Other End Use Industries
    5. Asia Pacific Electrical Steel Market, by Applications
      1. By Transformers
      2. By Motors
      3. By Inductors
      4. By Other Applications
    6. Asia Pacific Electrical Steel Market, by Country
      1. China
        1. China Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. China Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. China Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      2. Japan
        1. Japan Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Japan Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Japan Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      3. India
        1. India Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. India Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. India Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      4. South Korea
        1. South Korea Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. South Korea Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. South Korea Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      5. South East Asia
        1. South East Asia Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. South East Asia Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. South East Asia Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Rest of Asia Pacific Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Rest of Asia Pacific Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
  7. Latin America Electrical Steel Market - Segment Analysis
    1. Overview
    2. Latin America Electrical Steel Market, 2016 - 2028 (USD Million)
    3. Latin America Electrical Steel Market, by Types
      1. By Grain-Oriented
      2. By Non-Grain-Oriented
    4. Latin America Electrical Steel Market, by End Use Industries
      1. By Energy
      2. By Automotive
      3. By Household Appliances
      4. By Manufacturing
      5. By Other End Use Industries
    5. Latin America Electrical Steel Market, by Applications
      1. By Transformers
      2. By Motors
      3. By Inductors
      4. By Other Applications
    6. Latin America Electrical Steel Market, by Country
      1. Brazil
        1. Brazil Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Brazil Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Brazil Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      2. Argentina
        1. Argentina Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Argentina Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Argentina Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      3. Rest of Latin America
        1. Rest of Latin America Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Rest of Latin America Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Rest of Latin America Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
  8. Middle East & Africa Electrical Steel Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Electrical Steel Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Electrical Steel Market, by Types
      1. By Grain-Oriented
      2. By Non-Grain-Oriented
    4. Middle East & Africa Electrical Steel Market, by End Use Industries
      1. By Energy
      2. By Automotive
      3. By Household Appliances
      4. By Manufacturing
      5. By Other End Use Industries
    5. Middle East & Africa Electrical Steel Market, by Applications
      1. By Transformers
      2. By Motors
      3. By Inductors
      4. By Other Applications
    6. Middle East & Africa Electrical Steel Market, by Country
      1. GCC Countries
        1. GCC Countries Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. GCC Countries Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. GCC Countries Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      2. South Africa
        1. South Africa Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. South Africa Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. South Africa Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Electrical Steel Market, By Types
          1. By Grain-Oriented
          2. By Non-Grain-Oriented
        2. Rest of Middle East & Africa Electrical Steel Market, By End Use Industries
          1. By Energy
          2. By Automotive
          3. By Household Appliances
          4. By Manufacturing
          5. By Other End Use Industries
        3. Rest of Middle East & Africa Electrical Steel Market, By Applications
          1. By Transformers
          2. By Motors
          3. By Inductors
          4. By Other Applications
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Aperam (Luxembourg)
    2. Arcelor Mittal (Luxembourg)
    3. Tata Steel (India)
    4. POSCO (South Korea)
    5. Nippon Steel Corporation (Japan)
    6. Baosteel Group Hu (China)
    7. Voestalpine AG (Austria)
    8. JFE Holdings (Japan)
    9. Cleveland-Cliffs Inc. (US)
    10. Slovenian Steel Group (Slovenia)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • The global Electrical Steel valued at USD 34.88 Billion in 2022 and is expected to reach USD 54.34 Billion in 2030 growing at a CAGR of 5.70%.

  • The prominent players in the market are Aperam (Luxembourg), Arcelor Mittal (Luxembourg), Tata Steel (India), POSCO (South Korea), Nippon Steel Corporation (Japan), Baosteel Group Hu (China), Voestalpine AG (Austria), JFE Holdings (Japan), Cleveland-Cliffs Inc. (US), Slovenian Steel Group (Slovenia).

  • The market is project to grow at a CAGR of 5.70% between 2023 and 2030.

  • The driving factors of the Electrical Steel include

    • Increase in demand from energy generation & transmission industries

  • Asia Pacific was the leading regional segment of the Electrical Steel in 2022.