Global Grain Oriented Electrical Steel Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch"s in-depth investigation and research, the global Grain Oriented Electrical Steel market size will reach 10,657 Million USD in 2025 and is projected to reach 15,523 Million USD by 2032, with a CAGR of 5.52% (2025-2032). Notably, the China Grain Oriented Electrical Steel market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

Grain-oriented electrical steel (GOES) is a specialized type of electrical steel that is meticulously processed to exhibit a highly uniform grain structure. This steel is designed for use in the cores of electrical transformers, where its unique magnetic properties contribute to efficient energy transfer. The grain orientation is achieved through a series of carefully controlled manufacturing processes, including cold rolling and annealing. The oriented grain structure allows the material to exhibit superior magnetic properties in the rolling direction, making it ideal for transformer cores where magnetic flux follows a specific orientation. The minimized magnetic losses and enhanced magnetic permeability of grain-oriented electrical steel make it a critical component in the efficient and reliable operation of transformers, which play a crucial role in electrical power distribution systems.

The major global  manufacturers of Grain Oriented Electrical Steel include Baowu Group, Nippon Steel, NLMK, AK Steel (Cleveland-Cliffs), Shougang, Posco, ThyssenKrupp, JFE Steel, Stalprodukt S.A., Chongqing Wangbian, Baotou Weifeng, Aperam, Zhejiang Huaying, Wuxi Huajing, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Grain Oriented Electrical Steel. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Grain Oriented Electrical Steel market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Grain Oriented Electrical Steel market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Grain Oriented Electrical Steel industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Grain Oriented Electrical Steel Include:

Baowu Group

Nippon Steel

NLMK

AK Steel (Cleveland-Cliffs)

Shougang

Posco

ThyssenKrupp

JFE Steel

Stalprodukt S.A.

Chongqing Wangbian

Baotou Weifeng

Aperam

Zhejiang Huaying

Wuxi Huajing

Grain Oriented Electrical Steel Product Segment Include:

High Magnetic Strength

Conventional

Domain Refinement

Grain Oriented Electrical Steel Product Application Include:

Transformer

Motor

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Grain Oriented Electrical Steel Capacity and Production Analysis

Chapter 3: Global Grain Oriented Electrical Steel Industry PESTEL Analysis

Chapter 4: Global Grain Oriented Electrical Steel Industry Porter's Five Forces Analysis

Chapter 5: Global Grain Oriented Electrical Steel Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Grain Oriented Electrical Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Grain Oriented Electrical Steel Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Grain Oriented Electrical Steel Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources Show more