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Global Silicon Steel Sheets for Transformers Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Jul 02, 2025
Length 161 Pages
SKU # BOSS20192839

Description

Report Overview

Silicon steel sheets, also known as electrical steel or transformer steel, are specialized cold-rolled alloy steels containing silicon (typically 1–4.5%) that exhibit high magnetic permeability and low core loss, making them ideal for use in transformers, electric motors, and generators. These sheets are designed to minimize energy loss due to hysteresis and eddy currents, ensuring efficient energy conversion and transmission in electrical applications. The silicon content enhances resistivity and reduces magnetostriction, which helps in lowering noise and improving performance in high-frequency applications. Available in grain-oriented (GOES) and non-grain-oriented (NGOES) variants, silicon steel sheets are tailored for specific uses—GOES is preferred for transformer cores due to its directional magnetic properties, while NGOES is used in rotating machinery. The market for silicon steel sheets is driven by the growing demand for energy-efficient transformers, renewable energy integration, and expanding power infrastructure, particularly in developing regions. Key challenges include fluctuating raw material costs and competition from alternative materials like amorphous metals, though silicon steel remains dominant due to its proven reliability and cost-effectiveness. Major producers focus on technological advancements to further reduce core losses and meet stringent energy efficiency standards.

The global Silicon Steel Sheets for Transformers market size was estimated at USD 12660.0 million in 2024, exhibiting a CAGR of 5.50% during the forecast period.

This report provides a deep insight into the global Silicon Steel Sheets for Transformers market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Silicon Steel Sheets for Transformers Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Silicon Steel Sheets for Transformers market in any manner.

Global Silicon Steel Sheets for Transformers Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Baosteel

Centersky

Laser Technologies

POSCO

JFE Steel Corporation

CSC

LCS Company

MTD Ltd

Acroni

ThyssenKrupp AG

Brandauer

CUMIC Steel Limited

Ace Laser Technologies

Inc.

MARTIN MARIETTA MAGNESIA

Market Segmentation (by Type)

Cold Rolled

Hot Rolled

Market Segmentation (by Application)

OEM

Aftermarket

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Silicon Steel Sheets for Transformers Market

Overview of the regional outlook of the Silicon Steel Sheets for Transformers Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Silicon Steel Sheets for Transformers Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Silicon Steel Sheets for Transformers, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

161 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Silicon Steel Sheets for Transformers
1.2 Key Market Segments
1.2.1 Silicon Steel Sheets for Transformers Segment by Type
1.2.2 Silicon Steel Sheets for Transformers Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Silicon Steel Sheets for Transformers Market Overview
2.1 Global Market Overview
2.1.1 Global Silicon Steel Sheets for Transformers Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Silicon Steel Sheets for Transformers Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Silicon Steel Sheets for Transformers Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Silicon Steel Sheets for Transformers Product Life Cycle
3.3 Global Silicon Steel Sheets for Transformers Sales by Manufacturers (2020-2025)
3.4 Global Silicon Steel Sheets for Transformers Revenue Market Share by Manufacturers (2020-2025)
3.5 Silicon Steel Sheets for Transformers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Silicon Steel Sheets for Transformers Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Silicon Steel Sheets for Transformers Market Competitive Situation and Trends
3.8.1 Silicon Steel Sheets for Transformers Market Concentration Rate
3.8.2 Global 5 and 10 Largest Silicon Steel Sheets for Transformers Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Silicon Steel Sheets for Transformers Industry Chain Analysis
4.1 Silicon Steel Sheets for Transformers Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Silicon Steel Sheets for Transformers Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Silicon Steel Sheets for Transformers Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Silicon Steel Sheets for Transformers Market
5.7 ESG Ratings of Leading Companies
6 Silicon Steel Sheets for Transformers Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Silicon Steel Sheets for Transformers Sales Market Share by Type (2020-2025)
6.3 Global Silicon Steel Sheets for Transformers Market Size Market Share by Type (2020-2025)
6.4 Global Silicon Steel Sheets for Transformers Price by Type (2020-2025)
7 Silicon Steel Sheets for Transformers Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Silicon Steel Sheets for Transformers Market Sales by Application (2020-2025)
7.3 Global Silicon Steel Sheets for Transformers Market Size (M USD) by Application (2020-2025)
7.4 Global Silicon Steel Sheets for Transformers Sales Growth Rate by Application (2020-2025)
8 Silicon Steel Sheets for Transformers Market Sales by Region
8.1 Global Silicon Steel Sheets for Transformers Sales by Region
8.1.1 Global Silicon Steel Sheets for Transformers Sales by Region
8.1.2 Global Silicon Steel Sheets for Transformers Sales Market Share by Region
8.2 Global Silicon Steel Sheets for Transformers Market Size by Region
8.2.1 Global Silicon Steel Sheets for Transformers Market Size by Region
8.2.2 Global Silicon Steel Sheets for Transformers Market Size Market Share by Region
8.3 North America
8.3.1 North America Silicon Steel Sheets for Transformers Sales by Country
8.3.2 North America Silicon Steel Sheets for Transformers Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Silicon Steel Sheets for Transformers Sales by Country
8.4.2 Europe Silicon Steel Sheets for Transformers Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Silicon Steel Sheets for Transformers Sales by Region
8.5.2 Asia Pacific Silicon Steel Sheets for Transformers Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Silicon Steel Sheets for Transformers Sales by Country
8.6.2 South America Silicon Steel Sheets for Transformers Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Silicon Steel Sheets for Transformers Sales by Region
8.7.2 Middle East and Africa Silicon Steel Sheets for Transformers Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Silicon Steel Sheets for Transformers Market Production by Region
9.1 Global Production of Silicon Steel Sheets for Transformers by Region(2020-2025)
9.2 Global Silicon Steel Sheets for Transformers Revenue Market Share by Region (2020-2025)
9.3 Global Silicon Steel Sheets for Transformers Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Silicon Steel Sheets for Transformers Production
9.4.1 North America Silicon Steel Sheets for Transformers Production Growth Rate (2020-2025)
9.4.2 North America Silicon Steel Sheets for Transformers Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Silicon Steel Sheets for Transformers Production
9.5.1 Europe Silicon Steel Sheets for Transformers Production Growth Rate (2020-2025)
9.5.2 Europe Silicon Steel Sheets for Transformers Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Silicon Steel Sheets for Transformers Production (2020-2025)
9.6.1 Japan Silicon Steel Sheets for Transformers Production Growth Rate (2020-2025)
9.6.2 Japan Silicon Steel Sheets for Transformers Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Silicon Steel Sheets for Transformers Production (2020-2025)
9.7.1 China Silicon Steel Sheets for Transformers Production Growth Rate (2020-2025)
9.7.2 China Silicon Steel Sheets for Transformers Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Baosteel
10.1.1 Baosteel Basic Information
10.1.2 Baosteel Silicon Steel Sheets for Transformers Product Overview
10.1.3 Baosteel Silicon Steel Sheets for Transformers Product Market Performance
10.1.4 Baosteel Business Overview
10.1.5 Baosteel SWOT Analysis
10.1.6 Baosteel Recent Developments
10.2 Centersky
10.2.1 Centersky Basic Information
10.2.2 Centersky Silicon Steel Sheets for Transformers Product Overview
10.2.3 Centersky Silicon Steel Sheets for Transformers Product Market Performance
10.2.4 Centersky Business Overview
10.2.5 Centersky SWOT Analysis
10.2.6 Centersky Recent Developments
10.3 Laser Technologies
10.3.1 Laser Technologies Basic Information
10.3.2 Laser Technologies Silicon Steel Sheets for Transformers Product Overview
10.3.3 Laser Technologies Silicon Steel Sheets for Transformers Product Market Performance
10.3.4 Laser Technologies Business Overview
10.3.5 Laser Technologies SWOT Analysis
10.3.6 Laser Technologies Recent Developments
10.4 POSCO
10.4.1 POSCO Basic Information
10.4.2 POSCO Silicon Steel Sheets for Transformers Product Overview
10.4.3 POSCO Silicon Steel Sheets for Transformers Product Market Performance
10.4.4 POSCO Business Overview
10.4.5 POSCO Recent Developments
10.5 JFE Steel Corporation
10.5.1 JFE Steel Corporation Basic Information
10.5.2 JFE Steel Corporation Silicon Steel Sheets for Transformers Product Overview
10.5.3 JFE Steel Corporation Silicon Steel Sheets for Transformers Product Market Performance
10.5.4 JFE Steel Corporation Business Overview
10.5.5 JFE Steel Corporation Recent Developments
10.6 CSC
10.6.1 CSC Basic Information
10.6.2 CSC Silicon Steel Sheets for Transformers Product Overview
10.6.3 CSC Silicon Steel Sheets for Transformers Product Market Performance
10.6.4 CSC Business Overview
10.6.5 CSC Recent Developments
10.7 LCS Company
10.7.1 LCS Company Basic Information
10.7.2 LCS Company Silicon Steel Sheets for Transformers Product Overview
10.7.3 LCS Company Silicon Steel Sheets for Transformers Product Market Performance
10.7.4 LCS Company Business Overview
10.7.5 LCS Company Recent Developments
10.8 MTD Ltd
10.8.1 MTD Ltd Basic Information
10.8.2 MTD Ltd Silicon Steel Sheets for Transformers Product Overview
10.8.3 MTD Ltd Silicon Steel Sheets for Transformers Product Market Performance
10.8.4 MTD Ltd Business Overview
10.8.5 MTD Ltd Recent Developments
10.9 Acroni
10.9.1 Acroni Basic Information
10.9.2 Acroni Silicon Steel Sheets for Transformers Product Overview
10.9.3 Acroni Silicon Steel Sheets for Transformers Product Market Performance
10.9.4 Acroni Business Overview
10.9.5 Acroni Recent Developments
10.10 ThyssenKrupp AG
10.10.1 ThyssenKrupp AG Basic Information
10.10.2 ThyssenKrupp AG Silicon Steel Sheets for Transformers Product Overview
10.10.3 ThyssenKrupp AG Silicon Steel Sheets for Transformers Product Market Performance
10.10.4 ThyssenKrupp AG Business Overview
10.10.5 ThyssenKrupp AG Recent Developments
10.11 Brandauer
10.11.1 Brandauer Basic Information
10.11.2 Brandauer Silicon Steel Sheets for Transformers Product Overview
10.11.3 Brandauer Silicon Steel Sheets for Transformers Product Market Performance
10.11.4 Brandauer Business Overview
10.11.5 Brandauer Recent Developments
10.12 CUMIC Steel Limited
10.12.1 CUMIC Steel Limited Basic Information
10.12.2 CUMIC Steel Limited Silicon Steel Sheets for Transformers Product Overview
10.12.3 CUMIC Steel Limited Silicon Steel Sheets for Transformers Product Market Performance
10.12.4 CUMIC Steel Limited Business Overview
10.12.5 CUMIC Steel Limited Recent Developments
10.13 Ace Laser Technologies
10.13.1 Ace Laser Technologies Basic Information
10.13.2 Ace Laser Technologies Silicon Steel Sheets for Transformers Product Overview
10.13.3 Ace Laser Technologies Silicon Steel Sheets for Transformers Product Market Performance
10.13.4 Ace Laser Technologies Business Overview
10.13.5 Ace Laser Technologies Recent Developments
10.14 Inc.
10.14.1 Inc. Basic Information
10.14.2 Inc. Silicon Steel Sheets for Transformers Product Overview
10.14.3 Inc. Silicon Steel Sheets for Transformers Product Market Performance
10.14.4 Inc. Business Overview
10.14.5 Inc. Recent Developments
10.15 MARTIN MARIETTA MAGNESIA
10.15.1 MARTIN MARIETTA MAGNESIA Basic Information
10.15.2 MARTIN MARIETTA MAGNESIA Silicon Steel Sheets for Transformers Product Overview
10.15.3 MARTIN MARIETTA MAGNESIA Silicon Steel Sheets for Transformers Product Market Performance
10.15.4 MARTIN MARIETTA MAGNESIA Business Overview
10.15.5 MARTIN MARIETTA MAGNESIA Recent Developments
11 Silicon Steel Sheets for Transformers Market Forecast by Region
11.1 Global Silicon Steel Sheets for Transformers Market Size Forecast
11.2 Global Silicon Steel Sheets for Transformers Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Silicon Steel Sheets for Transformers Market Size Forecast by Country
11.2.3 Asia Pacific Silicon Steel Sheets for Transformers Market Size Forecast by Region
11.2.4 South America Silicon Steel Sheets for Transformers Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Silicon Steel Sheets for Transformers by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Silicon Steel Sheets for Transformers Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Silicon Steel Sheets for Transformers by Type (2026-2033)
12.1.2 Global Silicon Steel Sheets for Transformers Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Silicon Steel Sheets for Transformers by Type (2026-2033)
12.2 Global Silicon Steel Sheets for Transformers Market Forecast by Application (2026-2033)
12.2.1 Global Silicon Steel Sheets for Transformers Sales (K Units) Forecast by Application
12.2.2 Global Silicon Steel Sheets for Transformers Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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