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Electric Steel-Global Market Insights and Sales Trends 2024

Electric Steel-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1850290

No of Pages : 120

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Synopsis
Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel sheet: grain-oriented electrical steel sheet and non-oriented electrical steel sheet, and they are used for different applications. In this report we researched the two types of steel sheet respectively. Market competition is JFE Steel, NLMK Group, Posco, NSSMC, ThyssenKrupp, AK Steel, Nucor, Voestalpine, TATA Steel, ArcelorMittal, CSC, WISCO, Baosteel, Ansteel, Shougang, Benxi Steel, TISCO, Masteel, Stalprodukt S.A., ATI, are the leaders of the industry, and they hold key technologies and patents, with high-end customers.
The global Electric Steel market size is expected to reach US$ 35550 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Steel in various end use industries. The expanding demands from the Industrial, Aerospace and Defence, Municipal Infrastructure and Others, are propelling Electric Steel market. Improved Carbon Structural Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tool Steel segment is estimated at % CAGR for the next seven-year period.
The global electrical Steel market is dominated by Baowu, ArcelorMittal, JFE Steel, Shougang, NSMC, NLMK Group, etc. The top six manufacturers account for about 55% of the market share.
China is the largest market for electrical steel with a market share of about 50%, followed by Europe with a market share of about 20%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Steel covered in this report include Baowu, ArcelorMittal, JFE Steel, Shougang, TISCO, NSSMC, NLMK Group, AK Steel and ThyssenKrupp, etc.
The global Electric Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Baowu
ArcelorMittal
JFE Steel
Shougang
TISCO
NSSMC
NLMK Group
AK Steel
ThyssenKrupp
Ansteel
Masteel
Posco
Cogent(Tata Steel)
Voestalpine
Benxi Steel
APERAM
Nucor
ATI
Stalprodukt S.A.
CSC
Global Electric Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Steel market, Segment by Type:
Improved Carbon Structural Steel
Tool Steel
Alloy Steel
Others
Global Electric Steel market, by Application
Industrial
Aerospace and Defence
Municipal Infrastructure
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Electric Steel Market Overview
1.1 Electric Steel Product Overview
1.2 Electric Steel Market Segment by Type
1.2.1 Improved Carbon Structural Steel
1.2.2 Tool Steel
1.2.3 Alloy Steel
1.2.4 Others
1.3 Global Electric Steel Market Size by Type
1.3.1 Global Electric Steel Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Steel Sales Breakdown by Type (2018-2023)
2 Global Electric Steel Market Competition by Company
2.1 Global Top Players by Electric Steel Sales (2018-2023)
2.2 Global Top Players by Electric Steel Revenue (2018-2023)
2.3 Global Top Players by Electric Steel Price (2018-2023)
2.4 Global Top Manufacturers Electric Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Steel Market Competitive Situation and Trends
2.5.1 Electric Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Steel Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Steel as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Steel Market
2.8 Key Manufacturers Electric Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Steel Status and Outlook by Region
3.1 Global Electric Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Steel Historic Market Size by Region
3.2.1 Global Electric Steel Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Steel Sales in Value by Region (2018-2023)
3.2.3 Global Electric Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Steel Forecasted Market Size by Region
3.3.1 Global Electric Steel Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Steel Sales in Value by Region (2024-2029)
3.3.3 Global Electric Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Steel by Application
4.1 Electric Steel Market Segment by Application
4.1.1 Industrial
4.1.2 Aerospace and Defence
4.1.3 Municipal Infrastructure
4.1.4 Others
4.2 Global Electric Steel Market Size by Application
4.2.1 Global Electric Steel Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Steel Sales Breakdown by Application (2018-2023)
5 North America Electric Steel by Country
5.1 North America Electric Steel Historic Market Size by Country
5.1.1 North America Electric Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Steel Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Steel Sales in Value by Country (2018-2023)
5.2 North America Electric Steel Forecasted Market Size by Country
5.2.1 North America Electric Steel Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Steel Sales in Value by Country (2024-2029)
6 Europe Electric Steel by Country
6.1 Europe Electric Steel Historic Market Size by Country
6.1.1 Europe Electric Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Steel Sales in Value by Country (2018-2023)
6.2 Europe Electric Steel Forecasted Market Size by Country
6.2.1 Europe Electric Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Steel by Region
7.1 Asia-Pacific Electric Steel Historic Market Size by Region
7.1.1 Asia-Pacific Electric Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Steel Sales in Value by Region (2024-2029)
8 Latin America Electric Steel by Country
8.1 Latin America Electric Steel Historic Market Size by Country
8.1.1 Latin America Electric Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Steel Sales in Value by Country (2018-2023)
8.2 Latin America Electric Steel Forecasted Market Size by Country
8.2.1 Latin America Electric Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Steel by Country
9.1 Middle East and Africa Electric Steel Historic Market Size by Country
9.1.1 Middle East and Africa Electric Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Baowu
10.1.1 Baowu Company Information
10.1.2 Baowu Introduction and Business Overview
10.1.3 Baowu Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Baowu Electric Steel Products Offered
10.1.5 Baowu Recent Development
10.2 ArcelorMittal
10.2.1 ArcelorMittal Company Information
10.2.2 ArcelorMittal Introduction and Business Overview
10.2.3 ArcelorMittal Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ArcelorMittal Electric Steel Products Offered
10.2.5 ArcelorMittal Recent Development
10.3 JFE Steel
10.3.1 JFE Steel Company Information
10.3.2 JFE Steel Introduction and Business Overview
10.3.3 JFE Steel Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 JFE Steel Electric Steel Products Offered
10.3.5 JFE Steel Recent Development
10.4 Shougang
10.4.1 Shougang Company Information
10.4.2 Shougang Introduction and Business Overview
10.4.3 Shougang Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shougang Electric Steel Products Offered
10.4.5 Shougang Recent Development
10.5 TISCO
10.5.1 TISCO Company Information
10.5.2 TISCO Introduction and Business Overview
10.5.3 TISCO Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TISCO Electric Steel Products Offered
10.5.5 TISCO Recent Development
10.6 NSSMC
10.6.1 NSSMC Company Information
10.6.2 NSSMC Introduction and Business Overview
10.6.3 NSSMC Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 NSSMC Electric Steel Products Offered
10.6.5 NSSMC Recent Development
10.7 NLMK Group
10.7.1 NLMK Group Company Information
10.7.2 NLMK Group Introduction and Business Overview
10.7.3 NLMK Group Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 NLMK Group Electric Steel Products Offered
10.7.5 NLMK Group Recent Development
10.8 AK Steel
10.8.1 AK Steel Company Information
10.8.2 AK Steel Introduction and Business Overview
10.8.3 AK Steel Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 AK Steel Electric Steel Products Offered
10.8.5 AK Steel Recent Development
10.9 ThyssenKrupp
10.9.1 ThyssenKrupp Company Information
10.9.2 ThyssenKrupp Introduction and Business Overview
10.9.3 ThyssenKrupp Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ThyssenKrupp Electric Steel Products Offered
10.9.5 ThyssenKrupp Recent Development
10.10 Ansteel
10.10.1 Ansteel Company Information
10.10.2 Ansteel Introduction and Business Overview
10.10.3 Ansteel Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Ansteel Electric Steel Products Offered
10.10.5 Ansteel Recent Development
10.11 Masteel
10.11.1 Masteel Company Information
10.11.2 Masteel Introduction and Business Overview
10.11.3 Masteel Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Masteel Electric Steel Products Offered
10.11.5 Masteel Recent Development
10.12 Posco
10.12.1 Posco Company Information
10.12.2 Posco Introduction and Business Overview
10.12.3 Posco Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Posco Electric Steel Products Offered
10.12.5 Posco Recent Development
10.13 Cogent(Tata Steel)
10.13.1 Cogent(Tata Steel) Company Information
10.13.2 Cogent(Tata Steel) Introduction and Business Overview
10.13.3 Cogent(Tata Steel) Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Cogent(Tata Steel) Electric Steel Products Offered
10.13.5 Cogent(Tata Steel) Recent Development
10.14 Voestalpine
10.14.1 Voestalpine Company Information
10.14.2 Voestalpine Introduction and Business Overview
10.14.3 Voestalpine Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Voestalpine Electric Steel Products Offered
10.14.5 Voestalpine Recent Development
10.15 Benxi Steel
10.15.1 Benxi Steel Company Information
10.15.2 Benxi Steel Introduction and Business Overview
10.15.3 Benxi Steel Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Benxi Steel Electric Steel Products Offered
10.15.5 Benxi Steel Recent Development
10.16 APERAM
10.16.1 APERAM Company Information
10.16.2 APERAM Introduction and Business Overview
10.16.3 APERAM Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.16.4 APERAM Electric Steel Products Offered
10.16.5 APERAM Recent Development
10.17 Nucor
10.17.1 Nucor Company Information
10.17.2 Nucor Introduction and Business Overview
10.17.3 Nucor Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Nucor Electric Steel Products Offered
10.17.5 Nucor Recent Development
10.18 ATI
10.18.1 ATI Company Information
10.18.2 ATI Introduction and Business Overview
10.18.3 ATI Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.18.4 ATI Electric Steel Products Offered
10.18.5 ATI Recent Development
10.19 Stalprodukt S.A.
10.19.1 Stalprodukt S.A. Company Information
10.19.2 Stalprodukt S.A. Introduction and Business Overview
10.19.3 Stalprodukt S.A. Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Stalprodukt S.A. Electric Steel Products Offered
10.19.5 Stalprodukt S.A. Recent Development
10.20 CSC
10.20.1 CSC Company Information
10.20.2 CSC Introduction and Business Overview
10.20.3 CSC Electric Steel Sales, Revenue and Gross Margin (2018-2023)
10.20.4 CSC Electric Steel Products Offered
10.20.5 CSC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Steel Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Steel Industrial Chain Analysis
11.4 Electric Steel Market Dynamics
11.4.1 Electric Steel Industry Trends
11.4.2 Electric Steel Market Drivers
11.4.3 Electric Steel Market Challenges
11.4.4 Electric Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Steel Distributors
12.3 Electric Steel Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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