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North America Electrical Steel Market

Publisher Data Bridge Market Research
Published Jul 01, 2024
Length 142 Pages
SKU # DAABD19176179

Description

North America Electrical Steel Market


North America electrical steel market is expected to reach USD 6.46 billion by 2031 from USD 3.97 billion in 2023, growing with a CAGR of 6.4% in the forecast period of 2024 to 2031.

Market Segmentation:
North America Electrical Steel Market, By Type (Non-Grain Oriented Electrical Steel and Grain Oriented Electrical Steel), Thickness (0.23 MM, 0.27 MM, 0.30 MM, 0.35 MM, 0.5 MM, 0.65 MM, and Others), Core Losses (Less than 0.9 W/KG, 0.90 W/KG to 0.99 W/KG, 1.00 W/KG to 1.29 W/KG, 1.30 W/KG to 1.39 W/KG, and Above 1.39 W/KG), Flux Density (Above 1.76 Tesla, 1.73 Tesla to 1.76 Tesla, 1.69 Tesla to 1.73 Tesla, 1.65 Tesla to 1.69 Tesla, Less than 1.65 Tesla), Application (Motors, Transformers, Power Generators, Inductors, Electrical Ballasts, Battery, Convertors, Shunt Reactors, Wound Cores, and Others), End-User (Energy and Power, Engineering, Automotive, Building and Construction, Household Appliances, and Others), Countries (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2031

Overview of the North America Electrical Steel Market Dynamics

Driver
• Rise in demand for sustainable energy sources such as wind and hydropower
Restraint
• Distortion in properties of electrical steel due to temperature variations
Opportunity
• Growth in application of electric vehicles
Market Players:

The key players operating in the North America electrical steel market are:
• Cleveland-Cliffs Inc.
• JFE Steel Corporation.
• ArcelorMittal
• voestalpine AG
• thyssenkrupp AG
• Baosteel Co.,Ltd.
• C.D. Wälzholz GmbH & Co. KG
• NIPPON STEEL CORPORATION
• POSCO
• TC Metal
• Tempel (A subsidiary of Worthington Steel)



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Table of Contents

142 Pages
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of North America Electrical Steel Market
1.4 Limitations
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modelling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Market Position Grid
2.9 Market Application Coverage Grid
2.10 Vendor Share Analysis
2.11 Secondary Sources
2.12 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestle Analysis
4.1.1 Political Factors:
4.1.2 Economic Factors:
4.1.3 Social Factors:
4.1.4 Technological Factors:
4.1.5 Legal Factors:
4.1.6 Environmental Factors:
4.2 Porter’s Five Forces
4.2.1 Threat Of New Entrants (Low)
4.2.2 Threat Of Substitutes (Moderate)
4.2.3 Bargaining Power Of Buyers (High)
4.2.4 Bargaining Power Of Suppliers (Moderate)
4.2.5 Competitive Rivalry (High)
4.3 Vendor Selection Criteria
4.4 Technological Advancement By Manufacturers
4.4.1 High-permeability Grades:
4.4.2 Nano-crystalline And Amorphous Alloys:
4.4.3 Laser Scribing Technology:
4.4.4 Advanced Coating Techniques:
4.4.5 3d Printing And Additive Manufacturing:
4.4.6 Digital Twin Technology:
4.4.7 Ai And Machine Learning In Quality Control:
4.4.8 Improved Recycling Processes:
4.5 Raw Material Production Coverage
5 Regulation Coverage
6 Market Overview
6.1 Drivers
6.1.1 Rise In Demand For Sustainable Energy Sources Such As Wind And Hydropower
6.1.2 Increasing Demand For Steel In Motors Of Hybrid/Electrical Vehicles
6.1.3 Rising Demand Of The High Permeability Grades Alloy Core And Weight Reduction Materials In The Power Industry
6.1.4 Gain In Popularity Of Non Grain Oriented Electrical Steel In Household Appliances
6.2 Restraints
6.2.1 Distortion In Properties Of Electrical Steel Due To Temperature Variations
6.2.2 Improper And Inadequate Electronics Waste Disposal Systems
6.3 Opportunities
6.3.1 Growth In Application Of Electric Vehicles
6.3.2 Increasing Demand For Electrical Steel In Energy Storage Systems
6.3.3 Rise In Stringent Environment Regulations Aimed For Reducing Greenhouse Gases Emission
6.4 Challenges
6.4.1 The Tendency Of Steel To Corrode Over Time On Exposure To Moisture And Air
6.4.2 Fluctuation In Raw Material Prices
7 North America Electrical Steel Market, By Type
7.1 Overview
7.2 Non-grain Oriented Electrical Steel
7.2.1 Non-grain Oriented Electrical Steel, By Type
7.2.2 Non-grain Oriented Electrical Steel, By Category
7.3 Grain Oriented Electrical Steel
7.3.1 Grain Oriented Electrical Steel, By Type
8 North America Electrical Steel Market, By Thickness
8.1 Overview
8.2 0.23 Mm
8.3 0.27 Mm
8.4 0.30 Mm
8.5 0.35 Mm
8.6 0.5 Mm
8.7 0.65 Mm
8.8 Others
9 North America Electrical Steel Market, By Core Losses
9.1 Overview
9.2 Less Than 0.9 W/Kg
9.3 0.90 W/Kg To 0.99 W/Kg
9.4 1.00 W/Kg To 1.29 W/Kg
9.5 1.30 W/Kg To 1.39 W/Kg
9.6 Above 1.39 W/Kg
10 North America Electrical Steel Market, By Flux Density
10.1 Overview
10.2 Above 1.76 Tesla
10.3 1.73 Tesla To 1.76 Tesla
10.4 1.69 Tesla To 1.73 Tesla
10.5 1.65 Tesla To 1.69 Tesla
10.6 Less Than 1.65 Tesla
11 North America Electrical Steel Market, By End-user
11.1 Overview
11.2 Energy And Power
11.3 Engineering
11.4 Automotive
11.5 Building And Construction
11.6 Household Appliances
11.7 Others
12 North America Electrical Steel Market, By Application
12.1 Overview
12.2 Motors
12.2.1 Motors, By Product Type
12.2.2 Motors, By Category
12.3 Transformers
12.3.1 Transformers, By Product Type
12.3.2 Transformers, By Application
12.4 Power Generators
12.4.1 Power Generators, By Product Type
12.4.2 Power Generators, By Application
12.5 Inductors
12.5.1 Inductors, By Product Type
12.6 Electrical Ballasts
12.6.1 Electrical Ballasts, By Product Type
12.7 Battery
12.7.1 Battery, By Product Type
12.8 Convertors
12.8.1 Convertors, By Product Type
12.9 Shunt Reactors
12.9.1 Shunt Reactors, By Product Type
12.10 Wound Cores
12.10.1 Wound Cores, By Product Type
12.11 Others
12.11.1 Others, By Product Type
13 North America Electrical Steel Market, By Country
13.1 North America
13.1.1 U.S.
13.1.2 Canada
13.1.3 Mexico
14 North America Electrical Steel Market : Company Landscape
14.1 Company Share Analysis: North America
15 Swot Analysis
16 Company Profiles
16.1 Cleveland-cliffs Inc.
16.1.1 Company Snapshot
16.1.2 Revenue Analysis
16.1.3 Product Portfolio
16.1.4 Recent Developments
16.2 Jfe Steel Corporation.
16.2.1 Company Snapshot
16.2.2 Product Portfolio
16.2.3 Recent Developments
16.3 Arcelormittal
16.3.1 Company Snapshot
16.3.2 Revenue Analysis
16.3.3 Product Portfolio
16.3.4 1.3.3recent Developments
16.4 Voestalpine Ag
16.4.1 Company Snapshot
16.4.2 Revenue Analysis
16.4.3 Product Portfolio
16.4.4 Recent Developments
16.5 Thyssenkrupp Ag
16.5.1 Company Snapshot
16.5.2 Revenue Analysis
16.5.3 Product Portfolio
16.5.4 Recent Developments
16.6 Baosteel Co., Ltd.
16.6.1 Company Snapshot
16.6.2 Product Portfolio
16.6.3 Recent Developments
16.7 C.D. Wälzholz Gmbh & Co. Kg
16.7.1 Company Snapshot
16.7.2 Product Portfolio
16.7.3 Recent Developments
16.8 Nippon Steel Corporation
16.8.1 Company Snapshot
16.8.2 Revenue Analysis
16.8.3 Product Portfolio
16.8.4 Recent Developments
16.9 Posco
16.9.1 Company Snapshot
16.9.2 Revenue Analysis
16.9.3 Product Portfolio
16.9.4 Recent Developments
16.10 Tc Metal
16.10.1 Company Snapshot
16.10.2 Product Portfolio.
16.10.3 Recent Developments
16.11 Tempel (A Subsidiary Of Worthington Steel )
16.11.1 Company Snapshot
16.11.2 Product Portfolio
16.11.3 Recent Developments
17 Questionnaire
18 Related Reports
Table 1 Regulation Coverage
Table 2 New Model Announcement Of Electrical Cars
Table 3 North America Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 4 North America Electrical Steel Market, By Product Type, 2022-2031 (Million Tons)
Table 5 North America Non-grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 6 North America Non-grain Oriented Electrical Steel In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 7 North America Grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 8 North America Electrical Steel Market, By Thcikness, 2022-2031 (Usd Million)
Table 9 North America Electrical Steel Market, By Core Losses, 2022-2031 (Usd Million)
Table 10 North America Electrical Steel Market, By Flux Density, 2022-2031 (Usd Million)
Table 11 North America Electrical Steel Market, By End-user, 2022-2031 (Usd Million)
Table 12 North America Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 13 North America Motors In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 14 North America Motors In Electrical Steel Market, By Category, 2022-2031, (Usd Million)
Table 15 North America Transformers In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 16 North America Transformers In Electrical Steel Market, By Application, 2022-2031, (Usd Million)
Table 17 North America Power Generators In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 18 North America Power Generatorsin Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 19 North America Inductors In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 20 North America Electrical Ballasts In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 21 North America Battery In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 22 North America Convertors In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 23 North America Shunt Reactors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 24 North America Wound Cores In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 25 North America Others In Electrical Steel Market, By Product Type, 2022-2031, (Usd Million)
Table 26 North America Electrical Steel Market, By Country, 2022-2031 (Usd Million)
Table 27 North America Electrical Steel Market, By Country, 2022-2031 (Million Tons)
Table 28 U.S. Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 29 U.S. Electrical Steel Market, By Product Type, 2022-2031 (Million Tons)
Table 30 U.S. Non-grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 31 U.S. Non-grain Oriented Electrical Steel In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 32 U.S. Grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 33 U.S. Electrical Steel Market, By Thickness, 2022-2031 (Usd Million)
Table 34 U.S. Electrical Steel Market, By Core Losses, 2022-2031 (Usd Million)
Table 35 U.S. Electrical Steel Market, By Flux Density, 2022-2031 (Usd Million)
Table 36 U.S. Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 37 U.S. Motors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 38 U.S. Motors In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 39 U.S. Transformers In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 40 U.S. Transformers In Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 41 U.S. Power Generators In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 42 U.S. Power Generators In Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 43 U.S. Inductors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 44 U.S. Electrical Ballasts In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 45 U.S. Battery In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 46 U.S. Convertors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 47 U.S. Shunt Reactors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 48 U.S. Wound Cores In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 49 U.S. Others In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 50 U.S. Electrical Steel Market, By End-user, 2022-2031 (Usd Million)
Table 51 Canada Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 52 Canada Electrical Steel Market, By Product Type, 2022-2031 (Million Tons)
Table 53 Canada Non-grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 54 Canada Non-grain Oriented Electrical Steel In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 55 Canada Grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 56 Canada Electrical Steel Market, By Thickness, 2022-2031 (Usd Million)
Table 57 Canada Electrical Steel Market, By Core Losses, 2022-2031 (Usd Million)
Table 58 Canada Electrical Steel Market, By Flux Density, 2022-2031 (Usd Million)
Table 59 Canada Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 60 Canada Motors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 61 Canada Motors In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 62 Canada Transformers In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 63 Canada Transformers In Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 64 Canada Power Generators In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 65 Canada Power Generators In Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 66 Canada Inductors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 67 Canada Electrical Ballasts In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 68 Canada Battery In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 69 Canada Convertors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 70 Canada Shunt Reactors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 71 Canada Wound Cores In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 72 Canada Others In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 73 Canada Electrical Steel Market, By End-user, 2022-2031 (Usd Million)
Table 74 Mexico Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 75 Mexico Electrical Steel Market, By Product Type, 2022-2031 (Million Tons)
Table 76 Mexico Non-grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 77 Mexico Non-grain Oriented Electrical Steel In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 78 Mexico Grain Oriented Electrical Steel In Electrical Steel Market, By Type, 2022-2031 (Usd Million)
Table 79 Mexico Electrical Steel Market, By Thickness, 2022-2031 (Usd Million)
Table 80 Mexico Electrical Steel Market, By Core Losses, 2022-2031 (Usd Million)
Table 81 Mexico Electrical Steel Market, By Flux Density, 2022-2031 (Usd Million)
Table 82 Mexico Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 83 Mexico Motors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 84 Mexico Motors In Electrical Steel Market, By Category, 2022-2031 (Usd Million)
Table 85 Mexico Transformers In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 86 Mexico Transformers In Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 87 Mexico Power Generators In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 88 Mexico Power Generators In Electrical Steel Market, By Application, 2022-2031 (Usd Million)
Table 89 Mexico Inductors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 90 Mexico Electrical Ballasts In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 91 Mexico Battery In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 92 Mexico Convertors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 93 Mexico Shunt Reactors In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 94 Mexico Wound Cores In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 95 Mexico Others In Electrical Steel Market, By Product Type, 2022-2031 (Usd Million)
Table 96 Mexico Electrical Steel Market, By End-user, 2022-2031 (Usd Million)
Figure 1 North America Electrical Steel Market: Segmentation
Figure 2 North America Electrical Steel Market: Data Triangulation
Figure 3 North America Electrical Steel Market: Droc Analysis
Figure 4 North America Electrical Steel Market: Global Vs Regional Market Analysis
Figure 5 North America Electrical Steel Market: Company Research Analysis
Figure 6 North America Electrical Steel Market: Multivariate Modelling
Figure 7 North America Electrical Steel Market: Interview Demographics
Figure 8 North America Electrical Steel Market: Dbmr Market Position Grid
Figure 9 North America Electrical Steel Market: Market Application Coverage Grid
Figure 10 North America Electrical Steel Market: Vendor Share Analysis
Figure 11 North America Electical Steel Market: Segmentation
Figure 12 Two Segments Comprise The North America Electrical Steel Market, By Product Type
Figure 13 Executive Summary : North Americal Electrical Steel Market
Figure 14 Increasing Demand For Steel In Motors Of Hybrid/Electrical Vehicles Is The Key Driver For The North Electrical Steel Market In The Forecast Period Of 2024 To 2031
Figure 15 Non-grain Oriented Electrical Steel Segment Is Expected To Account For The Largest Share Of The North America Electrical Steel Market In 2024 And 2031
Figure 16 Strategic Decisions
Figure 17 Porter’s Five Forces
Figure 18 Vendor Selection Criteria
Figure 19 Drivers, Restraints, Opportunities, And Challenge Of The North America Electrical Steel Market
Figure 20 Steel Price (2020) (Usd Dollar/Metric Ton)
Figure 21 North America Electrical Steel Market: By Product Type, 2023
Figure 22 North America Electrical Steel Market: By Thickness, 2023
Figure 23 North America Electrical Steel Market: By Core Losses, 2023
Figure 24 North America Electrical Steel Market: By Flux Density, 2023
Figure 25 North America Electrical Steel Market: By End-user, 2023
Figure 26 North America Electrical Steel Market: By Application, 2023
Figure 27 North America Electrical Steel Market: Snapshot (2023)
Figure 28 North America Electrical Steel Market Company Share 2023 (%)

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