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Global Electric Steel Market 2020-2028

  • ID: 5017346
  • Report
  • April 2020
  • Region: Global
  • 143 pages
  • Triton Market Research

FEATURED COMPANIES

  • AK Steel Corporation
  • Baosteel Group
  • Chinasteel
  • Nippon Steel Corporation
  • Posco
  • Tata Steel
MARKET OUTLOOK

According to an analysis by the publisher, the global electric steel market is predicted to grow at a CAGR of 5.85% during the forecasting period 2020-2028.

The exploding urban populace, rising demand for transformers & motors, growing traction for electric vehicles and the increasing demand for electric steel by the power sector are driving the global market growth. Also, the favorable regulations by the authorities are expected to create market opportunities over the coming years. However, fluctuations in the cost of raw materials is a major restraint to the growth of the electric steel market. Moreover, safety constrains associated with electric steel are likely to pose a significant challenge to market growth.

REGIONAL OUTLOOK

The global market report covers the countries from North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

According to the regional outlook, Asia-Pacific is expected to be the fastest-growing region for the electric steel market during the estimated period. The major reason for this growth is the increasing annual government investments towards the projects of electric steel in countries like India, Australia & New Zealand, ASEAN countries and the Rest of Asia-Pacific. Rapid urbanization in the Asian countries has led to an increase in the demand for electric steel, thereby accelerating the market growth in the region.

COMPETITIVE OUTLOOK

The major companies in the electric steel market are Nippon Steel Corporation, Orchids International, POSCO, Sko-Die Inc, SAIL (Steel Authority Of India Limited), ArcelorMittal, Arnold Magnetic Technologies, Baosteel Group, ChinaSteel, AK Steel Corporation, Thyssenkrupp AG, BRS (Big River Steel), Voestalpine AG, Tata Steel and JFE Steel Corporation.

Nippon Steel Corporation is a company engaged in steelmaking and steel fabrication. It offers steel sheets in the manufacturing of different products such as electrical appliances, automobiles, housing and transformers. The company provides its products to various sectors, including the construction, automotive and industrial machinery segment.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AK Steel Corporation
  • Baosteel Group
  • Chinasteel
  • Nippon Steel Corporation
  • Posco
  • Tata Steel
1. Global Electric Steel Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Growth in Electricity Demand
2.2.2. Asia-Pacific Expected to Show Highest Growth During the Forecast Period
2.2.3. Transformers Captures Largest Market Share in Application Segment
2.3. Evolution & Transition of Electric Steel
2.4. Porter's Five Force Analysis
2.4.1. Threat of New Entrants
2.4.2. Threat of Substitute
2.4.3. Bargaining Power of Suppliers
2.4.4. Bargaining Power of Buyers
2.4.5. Threat of Competitive Rivalry
2.5. Key Impact Analysis
2.5.1. Cost
2.5.2. Application
2.5.3. Specifications
2.6. Market Attractiveness Index
2.7. Industry Components
2.7.1. Raw Material Suppliers
2.7.2. Manufacturers
2.7.3. Distributors
2.7.4. End-Users
2.8. Regulatory Framework
2.9. Market Drivers
2.9.1. Growth in Urban Population
2.9.2. Increased Demand for Transformers & Motors
2.9.3. Growth in Traction for Electric Vehicles
2.9.4. Increased Demand by Power Sector for Electric Steels
2.10. Market Restraints
2.10.1. Volatility and Fluctuations in Raw Material Prices
2.11. Market Opportunities
2.11.1. Regulations in Favour of Electric Steel Market
2.12. Market Challenges
2.12.1. Safety & Technological Constraints

3. Global Electric Steel Market Outlook - by Type
3.1. Grain-Oriented Steel
3.1.1. Fully Processed Grain-Oriented Steel
3.1.2. Semi Processed Grain-Oriented Steel
3.2. Non-Grain-Oriented Steel

4. Global Electric Steel Market Outlook - by Application
4.1. Transformers
4.1.1. Current Transformers
4.1.2. Power Transformers
4.1.3. Distribution Transformers
4.2. Motors
4.3. Inductors
4.4. Others

5. Global Electric Steel Market Outlook - by End-User
5.1. Energy
5.2. Automobiles
5.3. Manufacturing
5.4. Household Appliances
5.5. Others

6. Global Electric Steel Market – Regional Outlook
6.1. North America
6.1.1. Market by Type
6.1.1.1. Market by Grain-Oriented Steel
6.1.2. Market by Application
6.1.2.1. Market by Transformers
6.1.3. Market by End-User
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Type
6.2.1.1. Market by Grain-Oriented Steel
6.2.2. Market by Application
6.2.2.1. Market by Transformers
6.2.3. Market by End-User
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Type
6.3.1.1. Market by Grain-Oriented Steel
6.3.2. Market by Application
6.3.2.1. Market by Transformers
6.3.3. Market by End-User
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Type
6.4.1.1. Market by Grain-Oriented Steel
6.4.2. Market by Application
6.4.2.1. Market by Transformers
6.4.3. Market by End-User
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Type
6.5.1.1. Market by Grain-Oriented Steel
6.5.2. Market by Application
6.5.2.1. Market by Transformers
6.5.3. Market by End-User
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Arcelormittal
7.2. Arnold Magnetic Technologies
7.3. Baosteel Group
7.4. Chinasteel
7.5. AK Steel Corporation
7.6. Nippon Steel Corporation
7.7. Orchids International
7.8. Posco
7.9. Sko-Die Inc
7.10. Sail (Steel Authority of India Limited)
7.11. Thyssenkrupp AG
7.12. BRS (Big River Steel)
7.13. Voestalpine AG
7.14. Tata Steel
7.15. JFE Steel Corporation

8. Methodology & Scope
8.1. Research Scope
8.2. Sources of Data
8.3. Research Methodology

List of Tables
Table 1: Global Electric Steel Market, by Geography, 2020-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Regulatory Framework
Table 5: Global Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 6: Global Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 7: Global Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 8: Global Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 9: Global Electric Steel Market, by End-User, 2020-2028 (In $ Million)
Table 10: Global Electric Steel Market, by Geography, 2020-2028 (In $ Million)
Table 11: North America Electric Steel Market, by Country, 2020-2028 (In $ Million)
Table 12: North America Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 13: North America Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 14: North America Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 15: North America Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 16: North America Electric Steel Market, by End-User, 2020-2028 (In $ Million)
Table 17: Europe Electric Steel Market, by Country, 2020-2028 (In $ Million)
Table 18: Europe Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 19: Europe Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 20: Europe Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 21: Europe Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 22: Europe Electric Steel Market, by End-User, 2020-2028 (In $ Million)
Table 23: Asia-Pacific Electric Steel Market, by Country, 2020-2028 (In $ Million)
Table 24: Asia-Pacific Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 25: Asia-Pacific Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 26: Asia-Pacific Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 27: Asia-Pacific Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 28: Asia-Pacific Electric Steel Market, by End-User, 2020-2028 (In $ Million)
Table 29: Latin America Electric Steel Market, by Country, 2020-2028 (In $ Million)
Table 30: Latin America Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 31: Latin America Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 32: Latin America Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 33: Latin America Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 34: Latin America Electric Steel Market, by End-User, 2020-2028 (In $ Million)
Table 35: Middle East and Africa Electric Steel Market, by Country, 2020-2028 (In $ Million)
Table 36: Middle East and Africa Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 37: Middle East and Africa Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 38: Middle East and Africa Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 39: Middle East and Africa Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 40: Middle East and Africa Electric Steel Market, by End-User, 2020-2028 (In $ Million)

List of Figures
Figure 1: Asia-Pacific Electric Steel Market, 2020-2028 (In $ Million)
Figure 2: Timeline of Electric Steel
Figure 3: Porter's Five Force Analysis
Figure 4: Key Buying Impact Analysis
Figure 5: Industry Components
Figure 6: Manufacturing Process of Electric Steel
Figure 7: Global Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 8: Global Electric Steel Market, by Fully Processed Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 9: Global Electric Steel Market, by Semi Processed Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 10: Global Electric Steel Market, by Non-Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 11: Global Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Figure 12: Global Electric Steel Market, by Current Transformers, 2020-2028 (In $ Million)
Figure 13: Global Electric Steel Market, by Power Transformers, 2020-2028 (In $ Million)
Figure 14: Global Electric Steel Market, by Distribution Transformers, 2020-2028 (In $ Million)
Figure 15: Global Electric Steel Market, by Motors, 2020-2028 (In $ Million)
Figure 16: Global Electric Steel Market, by Inductors, 2020-2028 (In $ Million)
Figure 17: Global Electric Steel Market, by Others, 2020-2028 (In $ Million)
Figure 18: Global Electric Steel Market, by Energy, 2020-2028 (In $ Million)
Figure 19: Global Electric Steel Market, by Automobiles, 2020-2028 (In $ Million)
Figure 20: Global Electric Steel Market, by Manufacturing, 2020-2028 (In $ Million)
Figure 21: Global Electric Steel Market, by Household Appliances, 2020-2028 (In $ Million)
Figure 22: Global Electric Steel Market, by Others, 2020-2028 (In $ Million)
Figure 23: Global Electric Steel Market, Regional Outlook, 2019 & 2028 (In %)
Figure 24: United States Electric Steel Market, 2020-2028 (In $ Million)
Figure 25: Canada Electric Steel Market, 2020-2028 (In $ Million)
Figure 26: United Kingdom Electric Steel Market, 2020-2028 (In $ Million)
Figure 27: Germany Electric Steel Market, 2020-2028 (In $ Million)
Figure 28: France Electric Steel Market, 2020-2028 (In $ Million)
Figure 29: Spain Electric Steel Market, 2020-2028 (In $ Million)
Figure 30: Italy Electric Steel Market, 2020-2028 (In $ Million)
Figure 31: Russia Electric Steel Market, 2020-2028 (In $ Million)
Figure 32: Rest of Europe Electric Steel Market, 2020-2028 (In $ Million)
Figure 33: China Electric Steel Market, 2020-2028 (In $ Million)
Figure 34: Japan Electric Steel Market, 2020-2028 (In $ Million)
Figure 35: India Electric Steel Market, 2020-2028 (In $ Million)
Figure 36: South Korea Electric Steel Market, 2020-2028 (In $ Million)
Figure 37: Asean Countries Electric Steel Market, 2020-2028 (In $ Million)
Figure 38: Australia & New Zealand Electric Steel Market, 2020-2028 (In $ Million)
Figure 39: Rest of Asia-Pacific Electric Steel Market, 2020-2028 (In $ Million)
Figure 40: Brazil Electric Steel Market, 2020-2028 (In $ Million)
Figure 41: Mexico Electric Steel Market, 2020-2028 (In $ Million)
Figure 42: Rest of Latin America Electric Steel Market, 2020-2028 (In $ Million)
Figure 43: United Arab Emirates Electric Steel Market, 2020-2028 (In $ Million)
Figure 44: Turkey Electric Steel Market, 2020-2028 (In $ Million)
Figure 45: Saudi Arabia Electric Steel Market, 2020-2028 (In $ Million)
Figure 46: South Africa Electric Steel Market, 2020-2028 (In $ Million)
Figure 47: Rest of Middle East & Africa Electric Steel Market, 2020-2028 (In $ Million)
Note: Product cover images may vary from those shown
  • Arcelormittal
  • Arnold Magnetic Technologies
  • Baosteel Group
  • Chinasteel
  • AK Steel Corporation
  • Nippon Steel Corporation
  • Orchids International
  • Posco
  • Sko-Die Inc
  • Sail (Steel Authority of India Limited)
  • Thyssenkrupp AG
  • BRS (Big River Steel)
  • Voestalpine AG
  • Tata Steel
  • JFE Steel Corporation
Note: Product cover images may vary from those shown

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