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Electrical Steel Global Market Opportunities And Strategies To 2031

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    Report

  • 257 Pages
  • January 2023
  • Region: Global
  • The Business Research Company
  • ID: 5721004
This report describes and explains the electrical steel market and covers 2016 to 2021, termed the historic period, and 2021 to 2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The electrical steel market reached a value of nearly $30,574.4 million in 2021, having grown at a compound annual growth rate (CAGR) of 6.8% since 2016. The market is expected to grow from $30,574.4 million in 2021 to $41,871.3 million in 2026 at a rate of 6.5%. The market is then expected to grow at a CAGR of 7.3% from 2026 and reach $59,580.2 million in 2031.

Growth in the historic period resulted from strong economic growth in emerging markets, growth in world population, government incentives to end-user industries, rise in power consumption and increasing use of household appliances.

Going forward, global population growth and urbanization, rising investment for renewable power generation, increasing demand for electricity and electric vehicles sales will drive the growth. Factors that could hinder the growth of the electrical steel market in the future include environmental regulations, skills shortages and the Russian-Ukrainian war.

The electrical steel market is segmented by type into grain-oriented and non-grain-oriented. The non-grain-oriented market was the largest segment of the electrical steel market segmented by type, accounting for 70.3% of the total in 2021. Going forward, the grain-oriented market is expected to be the fastest growing segment in the electrical steel market segmented by type, at a CAGR of 6.7% during 2021-2026.

The electrical steel market is segmented by industry into energy, automotive, household appliances, manufacturing and other industries. The energy market was the largest segment of the electrical steel market segmented by industry, accounting for 40.9% of the total in 2021. Going forward, the energy market is expected to be the fastest growing segment in the electrical steel market segmented by industry, at a CAGR of 6.8% during 2021-2026.

The electrical steel market is segmented by application into transformers, generators, motors and other applications. The transformers market was the largest segment of the electrical steel market segmented by application, accounting for 52.2% of the total in 2021. Going forward, the motors market is expected to be the fastest growing segment in the electrical steel market segmented by application, at a CAGR of 7.3% during 2021-2026.

Asia Pacific was the largest region in the electrical steel market, accounting for 45.5% of the total in 2021. It was followed by Western Europe, and then the other regions. Going forward, the fastest-growing regions in the electrical steel market will be Asia Pacific, and, Western Europe where growth will be at CAGRs of 8.0% and 6.3% respectively. These will be followed by North America, and, South America where the markets are expected to grow at CAGRs of 4.8% and 3.7% respectively.

The electrical steel market is concentrated with a small number of large companies. The top ten competitors in the market made up to 47.83% of the total market in 2021. ArcelorMittal S.A. was the largest competitor with 10.96% share of the market, followed by POSCO with 8.40%, Baoshan Iron & Steel Co. Ltd with 7.37%, JFE Holdings, Inc. with 5.79%, ThyssenKrupp AG with 4.14%, Cleveland-Cliffs Corporation with 2.65%, Steel Authority of India Limited with 2.47%, Aperam SA with 2.37%, China Steel Corporation with 2.07%, and Tata Steel Limited with 1.62%.

The top opportunities in the electrical steel market segmented by type will arise in the non-grain-oriented segment, which will gain $7,813.3 million of global annual sales by 2026. The top opportunities in segment by industry will arise in the energy segment, which will gain $4,838.5 million of global annual sales by 2026. The top opportunities in segment by application will arise in the transformers segment, which will gain $5,697.0 million of global annual sales by 2026. The electrical steel market size will gain the most in China at $3,270.1 million.

Market-trend-based strategies for the electrical steel market include focusing on CO2-reduced electrical steel as a sustainable base material, developing new and innovative products, investing in manufacturing innovative electrical and environmentally friendly electrical steel, focusing on strategic partnerships and alliances and adopting new technologies, such as an argon oxygen decarburization converter.

Player-adopted strategies in the electrical steel market include strengthening business capabilities through strategic investments, enhancing production capabilities, expanding its presence in developing markets through partnerships and joint ventures and securing new contracts.

To take advantage of the opportunities, the publisher recommends the electrical steel companies to focus on CO2-reduced electrical steel, focus on innovative products, increase focus on electrical steel for electric vehicles, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing end-use industries.

Frequently Asked Questions about the Global Electrical Steel Market

What is the estimated value of the Global Electrical Steel Market?

The Global Electrical Steel Market was estimated to be valued at $30574.4 Million in 2021.

What is the growth rate of the Global Electrical Steel Market?

The growth rate of the Global Electrical Steel Market is 6.9%, with an estimated value of $59580.2 Million by 2031.

What is the forecasted size of the Global Electrical Steel Market?

The Global Electrical Steel Market is estimated to be worth $59580.2 Million by 2031.

Who are the key companies in the Global Electrical Steel Market?

Key companies in the Global Electrical Steel Market include ArcelorMittal S.A., POSCO, Baoshan Iron & Steel Co. Ltd. and ThyssenKrupp AG..

Table of Contents

1. Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Electrical Steel Market Definition and Segmentations
6.4. Market Segmentation by Type
6.4.1. Grain-Oriented
6.4.2. Non-Grain-Oriented
6.5. Market Segmentation by Industry
6.5.1. Energy
6.5.2. Automotive
6.5.3. Household Appliances
6.5.4. Manufacturing
6.5.5. Other Industries
6.6. Market Segmentation by Application
6.6.1. Transformers
6.6.2. Generators
6.6.3. Motors
6.6.4. Other Applications

7. Major Market Trends
7.1. CO2-Reduced Electrical Steel
7.2. Launch of Innovative Products
7.3. Electrical Mobility for the Automotive Market.
7.4. Government Intervention
7.5. Strategic Partnership and Alliance
7.6. Adoption of Argon Oxygen Decarburization (AOD) Converter
7.7. Technological Advancements

8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2016 - 2021, Value ($ Million)
8.2.1. Market Drivers 2016 - 2021
8.2.2. Government Incentives to End-User Industries
8.2.3. Market Restraints 2016 - 2021
8.3. Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
8.3.1. Market Drivers 2021 - 2026
8.3.2. Market Restraints 2021 - 2026

9. Global Electrical Steel Market Segmentation
9.1. Global Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
9.2. Global Electrical Steel Market, Segmentation By Application, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
9.3. Global Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

10. Electrical Steel Market, Regional and Country Analysis
10.1. Global Electrical Steel Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
10.2. Global Electrical Steel Market, By Country, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.4. Asia-Pacific Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.5. Asia-Pacific Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.6. Asia-Pacific Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.7. Asia-Pacific Electrical Steel Market: Country Analysis
11.8. China Market
11.9. Summary
11.10. Market Overview
11.10.1. Country Information
11.10.2. Market Information
11.10.3. Background Information
11.10.4. Government Initiatives
11.10.5. Regulations
11.10.6. Regulatory Bodies
11.10.7. Major Associations
11.10.8. Taxes Levied
11.10.9. Corporate Tax Structure
11.10.10. Investments
11.10.11. Major Companies
11.11. China Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.12. China Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.13. China Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.14. China Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.15. India Market
11.16. India Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.17. India Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.18. India Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.19. India Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.20. Japan Market
11.21. Japan Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.22. Japan Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.23. Japan Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.24. Japan Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.25. Australia Market
11.26. Australia Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.27. Australia Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.28. Australia Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.29. Australia Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.30. Indonesia Market
11.31. Indonesia Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.32. Indonesia Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.33. Indonesia Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.34. Indonesia Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.35. South Korea Market
11.36. South Korea Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.37. South Korea Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.38. South Korea Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.39. South Korea Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.4. Western Europe Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.5. Western Europe Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.6. Western Europe Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.7. Western Europe Electrical Steel Market: Country Analysis
12.8. UK Market
12.9. UK Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.10. UK Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.11. UK Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.12. UK Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.13. Germany Market
12.14. Germany Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.15. Germany Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.16. Germany Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.17. Germany Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.18. France Market
12.19. France Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.20. France Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.21. France Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.22. France Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Taxes Levied
13.2.8. Corporate Tax Structure
13.2.9. Investments
13.2.10. Major Companies
13.3. Eastern Europe Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
13.4. Eastern Europe Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.5. Eastern Europe Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.6. Eastern Europe Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.7. Eastern Europe Electrical Steel Market: Country Analysis
13.8. Russia Market
13.9. Russia Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
13.10. Russia Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.11. Russia Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.12. Russia Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
14.4. North America Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.5. North America Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.6. North America Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.7. North America Electrical Steel Market: Country Analysis
14.8. USA Market
14.9. Summary
14.10. Market Overview
14.10.1. Country Information
14.10.2. Market Information
14.10.3. Background Information
14.10.4. Government Initiatives
14.10.5. Regulations
14.10.6. Regulatory Bodies
14.10.7. Major Associations
14.10.8. Taxes Levied
14.10.9. Corporate Tax Structure
14.10.10. Investments
14.10.11. Major Companies
14.11. USA Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
14.12. USA Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.13. USA Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.14. USA Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
15.4. South America Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.5. South America Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.6. South America Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.7. South America Electrical Steel Market: Country Analysis
15.8. Brazil Market
15.9. Brazil Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
15.10. Brazil Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.11. Brazil Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.12. Brazil Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
16.4. Middle East Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
16.5. Middle East Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
16.6. Middle East Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Government Initiatives
17.2.6. Regulations
17.2.7. Regulatory Bodies
17.2.8. Major Associations
17.2.9. Taxes Levied
17.2.10. Corporate Tax Structure
17.2.11. Investments
17.2.12. Major Companies
17.3. Africa Electrical Steel Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
17.4. Africa Electrical Steel Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
17.5. Africa Electrical Steel Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
17.6. Africa Electrical Steel Market, Segmentation By Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

18. Competitive Landscape and Company Profiles

19. Company Profiles
19.1. ArcelorMittal S.A.
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. POSCO
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Business Strategy
19.2.4. Financial Overview
19.3. Baoshan Iron & Steel Co. Ltd
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Financial Overview
19.4. JFE Holdings, Inc.
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Business Strategy
19.4.4. Financial Overview
19.5. ThyssenKrupp AG
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Business Strategy
19.5.4. Financial Overview

20. Key Mergers and Acquisitions
20.1. US Steel Corporation Acquired Posco
20.2. Nippon Steel Acquired G Steel and GJ Steel
20.3. JFE Shoji Trade Corporation Acquired Cogent Power Limited
20.4. ArcelorMittal Acquired Voestalpine
20.5. Cleveland-Cliffs Acquired AK Steel
20.6. Worthington Industries Inc Acquired Tempel Steel Company

21. Market Opportunities And Strategies
21.1. Global Electrical Steel Market In 2026 - Countries Offering Most New Opportunities
21.2. Global Electrical Steel Market In 2026 - Segments Offering Most New Opportunities
21.3. Global Electrical Steel Market In 2026 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies

22. Electrical Steel Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People

23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer

Executive Summary

Electrical steel Global Market Opportunities And Strategies To 2031 provides the strategists; marketers and senior management with the critical information they need to assess the global electrical steel market as it emerges from the COVID-19 shut down.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis

Description:

Where is the largest and fastest growing market for electrical steel? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The electrical steel market global report answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider electrical steel market; and compares it with other markets.

The report covers the following chapters

  • Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the electrical steel market.
  • Key Trends - Highlights the major trends shaping the global electrical steel market. This section also highlights likely future developments in the market.
  • Global Market Size and Growth - Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region.
  • Market Segmentation - Contains the market values (2016-2031) and analysis for for segment by type, by process and by application in the market.
  • Regional Market Size and Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
  • Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions And Recommendations - Includes recommendations for electrical steel providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope

Markets Covered:

1) By Type: Grain-Oriented; Non-Grain-Oriented
2) By Industry: Energy; Automotive; Household Appliances; Manufacturing; Other Industries.
3) By Application: Transformers; Generators; Motors; Other Applications

Companies Mentioned: ArcelorMittal S.A.; POSCO; Baoshan Iron & Steel Co. Ltd.; JFE Holdings, Inc.; ThyssenKrupp AG.

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series:Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; electrical steel indicators comparison.

Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ArcelorMittal S.A.
  • POSCO
  • Baoshan Iron & Steel Co. Ltd.
  • JFE Holdings, Inc.
  • ThyssenKrupp AG.

Methodology

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