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Electrical Steels-Global Market Insights and Sales Trends 2024

Electrical Steels-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1816116

No of Pages : 123

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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 Electrical Steels market size is expected to reach US$ 30490 million by 2029, growing at a CAGR of 2.2% from 2023 to 2029. The market is mainly driven by the significant applications of Electrical Steels in various end use industries. The expanding demands from the Transformer, Power Generator, Electric Motor and Others, are propelling Electrical Steels market. Oriented Electrical Steels, 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 Non-Oriented Electrical Steels 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 Electrical Steels, 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 Electrical Steels 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 Electrical Steels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electrical Steels 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 Electrical Steels covered in this report include Baowu Group, AK Steel, Ansteel, ArcelorMittal, Benxi Iron & Steel (Group), CSC, JFE Steel, Nippon Steel Corporation and NLMK Group, etc.
The global Electrical Steels 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 Group
AK Steel
Ansteel
ArcelorMittal
Benxi Iron & Steel (Group)
CSC
JFE Steel
Nippon Steel Corporation
NLMK Group
Posco
Shougang Group
Stalprodukt S.A.
TATA Steel
ThyssenKrupp
TISCO
Voestalpine
Masteel
APERAM
Nucor
ATI Metals
Global Electrical Steels 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 Electrical Steels market, Segment by Type:
Oriented Electrical Steels
Non-Oriented Electrical Steels
Global Electrical Steels market, by Application
Transformer
Power Generator
Electric Motor
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 Electrical Steels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electrical Steels 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 Electrical Steels Market Overview
1.1 Electrical Steels Product Overview
1.2 Electrical Steels Market Segment by Type
1.2.1 Oriented Electrical Steels
1.2.2 Non-Oriented Electrical Steels
1.3 Global Electrical Steels Market Size by Type
1.3.1 Global Electrical Steels Market Size Overview by Type (2018-2029)
1.3.2 Global Electrical Steels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electrical Steels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electrical Steels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electrical Steels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electrical Steels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electrical Steels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electrical Steels Sales Breakdown by Type (2018-2023)
2 Global Electrical Steels Market Competition by Company
2.1 Global Top Players by Electrical Steels Sales (2018-2023)
2.2 Global Top Players by Electrical Steels Revenue (2018-2023)
2.3 Global Top Players by Electrical Steels Price (2018-2023)
2.4 Global Top Manufacturers Electrical Steels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electrical Steels Market Competitive Situation and Trends
2.5.1 Electrical Steels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electrical Steels 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 Electrical Steels as of 2022)
2.7 Date of Key Manufacturers Enter into Electrical Steels Market
2.8 Key Manufacturers Electrical Steels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electrical Steels Status and Outlook by Region
3.1 Global Electrical Steels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electrical Steels Historic Market Size by Region
3.2.1 Global Electrical Steels Sales in Volume by Region (2018-2023)
3.2.2 Global Electrical Steels Sales in Value by Region (2018-2023)
3.2.3 Global Electrical Steels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electrical Steels Forecasted Market Size by Region
3.3.1 Global Electrical Steels Sales in Volume by Region (2024-2029)
3.3.2 Global Electrical Steels Sales in Value by Region (2024-2029)
3.3.3 Global Electrical Steels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electrical Steels by Application
4.1 Electrical Steels Market Segment by Application
4.1.1 Transformer
4.1.2 Power Generator
4.1.3 Electric Motor
4.1.4 Others
4.2 Global Electrical Steels Market Size by Application
4.2.1 Global Electrical Steels Market Size Overview by Application (2018-2029)
4.2.2 Global Electrical Steels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electrical Steels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electrical Steels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electrical Steels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electrical Steels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electrical Steels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electrical Steels Sales Breakdown by Application (2018-2023)
5 North America Electrical Steels by Country
5.1 North America Electrical Steels Historic Market Size by Country
5.1.1 North America Electrical Steels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electrical Steels Sales in Volume by Country (2018-2023)
5.1.3 North America Electrical Steels Sales in Value by Country (2018-2023)
5.2 North America Electrical Steels Forecasted Market Size by Country
5.2.1 North America Electrical Steels Sales in Volume by Country (2024-2029)
5.2.2 North America Electrical Steels Sales in Value by Country (2024-2029)
6 Europe Electrical Steels by Country
6.1 Europe Electrical Steels Historic Market Size by Country
6.1.1 Europe Electrical Steels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electrical Steels Sales in Volume by Country (2018-2023)
6.1.3 Europe Electrical Steels Sales in Value by Country (2018-2023)
6.2 Europe Electrical Steels Forecasted Market Size by Country
6.2.1 Europe Electrical Steels Sales in Volume by Country (2024-2029)
6.2.2 Europe Electrical Steels Sales in Value by Country (2024-2029)
7 Asia-Pacific Electrical Steels by Region
7.1 Asia-Pacific Electrical Steels Historic Market Size by Region
7.1.1 Asia-Pacific Electrical Steels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electrical Steels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electrical Steels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electrical Steels Forecasted Market Size by Region
7.2.1 Asia-Pacific Electrical Steels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electrical Steels Sales in Value by Region (2024-2029)
8 Latin America Electrical Steels by Country
8.1 Latin America Electrical Steels Historic Market Size by Country
8.1.1 Latin America Electrical Steels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electrical Steels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electrical Steels Sales in Value by Country (2018-2023)
8.2 Latin America Electrical Steels Forecasted Market Size by Country
8.2.1 Latin America Electrical Steels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electrical Steels Sales in Value by Country (2024-2029)
9 Middle East and Africa Electrical Steels by Country
9.1 Middle East and Africa Electrical Steels Historic Market Size by Country
9.1.1 Middle East and Africa Electrical Steels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electrical Steels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electrical Steels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electrical Steels Forecasted Market Size by Country
9.2.1 Middle East and Africa Electrical Steels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electrical Steels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Baowu Group
10.1.1 Baowu Group Company Information
10.1.2 Baowu Group Introduction and Business Overview
10.1.3 Baowu Group Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Baowu Group Electrical Steels Products Offered
10.1.5 Baowu Group Recent Development
10.2 AK Steel
10.2.1 AK Steel Company Information
10.2.2 AK Steel Introduction and Business Overview
10.2.3 AK Steel Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 AK Steel Electrical Steels Products Offered
10.2.5 AK Steel Recent Development
10.3 Ansteel
10.3.1 Ansteel Company Information
10.3.2 Ansteel Introduction and Business Overview
10.3.3 Ansteel Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ansteel Electrical Steels Products Offered
10.3.5 Ansteel Recent Development
10.4 ArcelorMittal
10.4.1 ArcelorMittal Company Information
10.4.2 ArcelorMittal Introduction and Business Overview
10.4.3 ArcelorMittal Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ArcelorMittal Electrical Steels Products Offered
10.4.5 ArcelorMittal Recent Development
10.5 Benxi Iron & Steel (Group)
10.5.1 Benxi Iron & Steel (Group) Company Information
10.5.2 Benxi Iron & Steel (Group) Introduction and Business Overview
10.5.3 Benxi Iron & Steel (Group) Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Benxi Iron & Steel (Group) Electrical Steels Products Offered
10.5.5 Benxi Iron & Steel (Group) Recent Development
10.6 CSC
10.6.1 CSC Company Information
10.6.2 CSC Introduction and Business Overview
10.6.3 CSC Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 CSC Electrical Steels Products Offered
10.6.5 CSC Recent Development
10.7 JFE Steel
10.7.1 JFE Steel Company Information
10.7.2 JFE Steel Introduction and Business Overview
10.7.3 JFE Steel Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 JFE Steel Electrical Steels Products Offered
10.7.5 JFE Steel Recent Development
10.8 Nippon Steel Corporation
10.8.1 Nippon Steel Corporation Company Information
10.8.2 Nippon Steel Corporation Introduction and Business Overview
10.8.3 Nippon Steel Corporation Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nippon Steel Corporation Electrical Steels Products Offered
10.8.5 Nippon Steel Corporation Recent Development
10.9 NLMK Group
10.9.1 NLMK Group Company Information
10.9.2 NLMK Group Introduction and Business Overview
10.9.3 NLMK Group Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.9.4 NLMK Group Electrical Steels Products Offered
10.9.5 NLMK Group Recent Development
10.10 Posco
10.10.1 Posco Company Information
10.10.2 Posco Introduction and Business Overview
10.10.3 Posco Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Posco Electrical Steels Products Offered
10.10.5 Posco Recent Development
10.11 Shougang Group
10.11.1 Shougang Group Company Information
10.11.2 Shougang Group Introduction and Business Overview
10.11.3 Shougang Group Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Shougang Group Electrical Steels Products Offered
10.11.5 Shougang Group Recent Development
10.12 Stalprodukt S.A.
10.12.1 Stalprodukt S.A. Company Information
10.12.2 Stalprodukt S.A. Introduction and Business Overview
10.12.3 Stalprodukt S.A. Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Stalprodukt S.A. Electrical Steels Products Offered
10.12.5 Stalprodukt S.A. Recent Development
10.13 TATA Steel
10.13.1 TATA Steel Company Information
10.13.2 TATA Steel Introduction and Business Overview
10.13.3 TATA Steel Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.13.4 TATA Steel Electrical Steels Products Offered
10.13.5 TATA Steel Recent Development
10.14 ThyssenKrupp
10.14.1 ThyssenKrupp Company Information
10.14.2 ThyssenKrupp Introduction and Business Overview
10.14.3 ThyssenKrupp Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.14.4 ThyssenKrupp Electrical Steels Products Offered
10.14.5 ThyssenKrupp Recent Development
10.15 TISCO
10.15.1 TISCO Company Information
10.15.2 TISCO Introduction and Business Overview
10.15.3 TISCO Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.15.4 TISCO Electrical Steels Products Offered
10.15.5 TISCO Recent Development
10.16 Voestalpine
10.16.1 Voestalpine Company Information
10.16.2 Voestalpine Introduction and Business Overview
10.16.3 Voestalpine Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Voestalpine Electrical Steels Products Offered
10.16.5 Voestalpine Recent Development
10.17 Masteel
10.17.1 Masteel Company Information
10.17.2 Masteel Introduction and Business Overview
10.17.3 Masteel Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Masteel Electrical Steels Products Offered
10.17.5 Masteel Recent Development
10.18 APERAM
10.18.1 APERAM Company Information
10.18.2 APERAM Introduction and Business Overview
10.18.3 APERAM Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.18.4 APERAM Electrical Steels Products Offered
10.18.5 APERAM Recent Development
10.19 Nucor
10.19.1 Nucor Company Information
10.19.2 Nucor Introduction and Business Overview
10.19.3 Nucor Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Nucor Electrical Steels Products Offered
10.19.5 Nucor Recent Development
10.20 ATI Metals
10.20.1 ATI Metals Company Information
10.20.2 ATI Metals Introduction and Business Overview
10.20.3 ATI Metals Electrical Steels Sales, Revenue and Gross Margin (2018-2023)
10.20.4 ATI Metals Electrical Steels Products Offered
10.20.5 ATI Metals Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electrical Steels 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 Electrical Steels Industrial Chain Analysis
11.4 Electrical Steels Market Dynamics
11.4.1 Electrical Steels Industry Trends
11.4.2 Electrical Steels Market Drivers
11.4.3 Electrical Steels Market Challenges
11.4.4 Electrical Steels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electrical Steels Distributors
12.3 Electrical Steels 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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