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Electrical Steel Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Electrical Steel Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

This report by Future Market Insights on the global electrical steel market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global electrical steel market.

The report is categorically divided into three sections namely, by product type, by applications and region, to understand and offer insights on the global electrical steel market. The report provides analysis of the global electrical steel market in terms of market value (US$ Mn) and volume (Kilo Tonnes).

The report starts with an overview of the global electrical steel market. This section includes FMI’s analyses of key trends, drivers and restraints from the supply and demand perspectives. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear and decision-making insights.

The section that follows analyses the market on the basis of product type and presents the forecast in terms of volume and value for the next 10 years. On the basis of product type, the global electrical steel market has been segmented into:

Grain-Oriented Electrical Steel
Non-Grain Oriented Electrical Steel
Fully processed
Semi-processed

Another section included in the report is on the basis of applications that analyses the market and presents the forecast in terms of volume and value for the next 10 years. On the basis of applications, the global electrical steel market has been segmented into:

Transformers
Transmission
Distribution
Portable
Motors
1hp - 100hp
101hp – 200hp
201hp – 500hp
501hp-1000hp
Above 1001hp
Inductors

The following section of the report includes analysis of the global electrical steel market on the basis of region. The global electrical steel market is segmented into seven key regions:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa

To deduce market size, the report considered the average selling price of various types of electrical steel across geographies. Furthermore, data points such as regional split and market split by application and process and qualitative inputs from primary respondents have been incorporated to arrive at suitable market estimates. The forecast presented in the report evaluates the total revenue that is expected to be generated across the electrical steel market over forecast period (2016–2026). When developing the market forecast, the starting point involved sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the characteristics of the market, FMI triangulated the data on the basis of various analysis based on both supply side and demand side. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them at the end of the forecast period.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities in the electrical steel market.

As previously highlighted, the market for electrical steel is split into various sub-segments or categories, on the basis of region, product type and applications. All these sub-segments or categories have been analysed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identification of many key trends in the electrical steel market.

Another key feature of this report is the analysis of the electrical steel market by region, applications and product type and its revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global electrical steel market.

In order to understand key growth segments in terms of growth and performance of the electrical steel market, Future Market Insights developed a market attractiveness index. The resulting index should help providers identify real market opportunities.

In the final section of the report, the electrical steel competitive landscape is included to provide report audiences with a dashboard view of the market players, based on categories of providers across the value chain, their presence in the electrical steel product portfolio and key differentiators. Some of the major market players featured in this section are:

Novolipetsk Steel
voestalpine Stahl GmbH
POSCO
Nippon Steel & Sumitomo Metal Corporation
thyssenkrupp AG
JFE Steel Corporation
ArcelorMittal
Cogent Power Limited
Aperam
Baosteel Group
AK Steel Corporation
ATI


1. Global Electrical Steel Market - Executive Summary
2. Electrical Steel: Market Overview
2.1. Introduction
2.1.1. Electrical Steel: Market Taxonomy
2.1.2. Electrical Steel: Market Definition
2.2. Product Overview
2.3. Manufacturing Process Outlook
2.4. Crude Steel Market Overview
2.5. Factors Affecting Global Electrical Steel Market
2.6. PESTLE Analysis
2.7. Electrical Steel Market Volume Analysis
2.7.1. Installed Base By Region
2.7.2. Replacement Rate and Lifecycle Analysis
2.8. Electrical Steel Market Pricing Analysis
2.8.1. Pricing Assumptions
2.8.2. Price Projections Per Region
2.9. Global Electrical Steel Market Forecast, 2015-2026
2.9.1. Market Scenario Forecast
2.9.2. Market Outlook
2.9.3. Absolute $ Opportunity
2.10. Value/ Supply Chain Analysis
2.10.1. Value Chain
2.10.2. Profitability Margins
2.10.3. List of Active Participants
2.10.3.1. Component Suppliers
2.10.3.2. Integrators
2.10.3.3. Manufacturers
2.10.3.4. Distributors / Retailers
2.11. Product-Cost Structure Analysis
2.11.1. Cost Structure For Electrical Steel Production
2.11.2. Electricity Cost Comparison
2.11.3. Labor Cost Comparison
2.11.4. Raw Material Price Comparison
2.11.5. Cost Structure by Country
2.12. Market Dynamics
2.12.1. Drivers
2.12.2. Restraints
2.12.3. Trends
2.12.4. Drivers Impact Analysis
2.12.4.1 Impact Analysis By Product type
2.12.4.2 Impact Analysis By Applications
2.12.4.3 Impact Analysis By Region
3. Global Electrical Steel Market, By Product Type
3.1. Summary By Product Type
3.2. Introduction
3.2.1. Y-o-Y growth comparison, By Product Type
3.2.2. Basis Point Share (BPS) Analysis, By Product Type
3.3. Market Forecast by Product Type
3.3.1. Grain-Oriented Electrical Steel
3.3.1.1. Absolute $ Opportunity
3.3.1.2. Market Value & Volume Forecast
3.3.2. Non-Grain Oriented Electrical Steel
3.3.2.1. Fully-Processed
3.3.2.1.1. Absolute $ Opportunity
3.3.2.1.2. Market Value & Volume Forecast
3.3.2.2. Semi-Processed
3.3.2.2.1. Absolute $ Opportunity
3.3.2.2.2. Market Value & Volume Forecast
3.4. Market Attractiveness Analysis, By Product Type
3.5. Produt Type Market Trends
4. Global Electrical Steel Market Analysis, By Application
4.1. Summary By Application
4.2. Introduction
4.2.1. Y-o-Y growth comparison, By Application
4.2.2. Basis Point Share (BPS) Analysis, By Application
4.3. Market Forecast By Application
4.3.1. Transformers
4.3.1.1. Transmission
4.3.1.1.1. Absolute $ Opportunity
4.3.1.1.2. Market Value & Volume Forecast
4.3.1.2. Portable
4.3.1.2.1. Absolute $ Opportunity
4.3.1.2.2. Market Value & Volume Forecast
4.3.1.3. Distribution
4.3.1.3.1. Absolute $ Opportunity
4.3.1.3.2. Market Value & Volume Forecast
4.3.2. Motors
4.3.2.1. 1hp - 100hp
4.3.2.1.1. Absolute $ Opportunity
4.3.2.1.2. Market Value & Volume Forecast
4.3.2.2. 101hp - 200hp
4.3.2.2.1. Absolute $ Opportunity
4.3.2.2.2. Market Value & Volume Forecast
4.3.2.3. 201hp - 500hp
4.3.2.3.1. Absolute $ Opportunity
4.3.2.3.2. Market Value & Volume Forecast
4.3.2.4. 501hp - 1000hp
4.3.2.4.1. Absolute $ Opportunity
4.3.2.4.2. Market Value & Volume Forecast
4.3.2.5. Above 1000hp
4.3.2.5.1. Absolute $ Opportunity
4.3.2.5.2. Market Value & Volume Forecast
4.3.3. Inductors
4.3.3.1. Absolute $ Opportunity
4.3.3.2. Market Value & Volume Forecast
4.4. Market Attractiveness Analysis, By Application
4.5. Application Market Trends
5. Global Electrical Steel Market Analysis, By Region
5.1. Introduction
5.1.1. Y-o-Y growth projection, By Region
5.1.2. Basis Point Share (BPS) Analysis, By Region
5.2. Market Forecast By Region
5.2.1. North America Market Volume & Value Forecast
5.2.2. Latin America Market Volume & Value Forecast
5.2.3. Eastern Europe Market Volume & Value Forecast
5.2.4. Western Europe Market Volume & Value Forecast
5.2.5. Asia Pacific Excluding Japan Market Volume & Value Forecast
5.2.6. Japan Market Volume & Value Forecast
5.2.7. Middle East & Africa Market Volume & Value Forecast
6. North America Electrical Steel Market Analysis
6.1. Introduction
6.1.1. Y-o-Y growth projection, By Country
6.1.2. Basis Point Share (BPS) Analysis, By Country
6.2. North America Market Forecast
6.2.1. Market Volume and Value Forecast By Country
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. Market Volume and Value Forecast By Product Types
6.2.2.1. Grain-Oriented Electrical Steel
6.2.2.2. Non-Grain Oriented Electrical Steel
6.2.2.2.1. Fully-Processed
6.2.2.2.2. Semi-Processed
6.2.3. Market Volume and Value Forecast By Application
6.2.3.1. Transformers
6.2.3.1.1. Transmission
6.2.3.1.2. Portable
6.2.3.1.3. Distribution
6.2.3.2. Motors
6.2.3.2.1. 1hp - 100hp
6.2.3.2.2. 101hp - 200hp
6.2.3.2.3. 201hp - 500hp
6.2.3.2.4. 501hp - 1000hp
6.2.3.2.5. Above 1000hp
6.2.3.3. Inductors
6.2.4. Market Attractiveness Analysis
6.2.4.1. By Country
6.2.4.2. By Product Type
6.2.4.3. By Application
6.3. Regional Trends
7. Latin America Electrical Steel Market Analysis
7.1. Introduction
7.1.1. Y-o-Y growth projection, By Country
7.1.2. Basis Point Share (BPS) Analysis, By Country
7.2. Latin America Market Forecast
7.2.1. Market Volume and Value Forecast By Country
7.2.1.1. Brazil
7.2.1.2. Mexico
7.2.1.3. Rest of Latin America
7.2.2. Market Volume and Value Forecast By Product Types
7.2.2.1. Grain-Oriented Electrical Steel
7.2.2.2. Non-Grain Oriented Electrical Steel
7.2.2.2.1. Fully-Processed
7.2.2.2.2. Semi-Processed
7.2.3. Market Volume and Value Forecast By Application
7.2.3.1. Transformers
7.2.3.1.1. Transmission
7.2.3.1.2. Portable
7.2.3.1.3. Distribution
7.2.3.2. Motors
7.2.3.2.1. 1hp - 100hp
7.2.3.2.2. 101hp - 200hp
7.2.3.2.3. 201hp - 500hp
7.2.3.2.4. 501hp - 1000hp
7.2.3.2.5. Above 1000hp
7.2.3.3. Inductors
7.2.4. Market Attractiveness Analysis
7.2.4.1. By Country
7.2.4.2. By Product Type
7.2.4.3. By Application
7.3. Regional Trends
8. Eastern Europe Electrical Steel Market Analysis
8.1. Introduction
8.1.1. Y-o-Y growth projection, By Country
8.1.2. Basis Point Share (BPS) Analysis, By Country
8.2. Eastern Europe Market Forecast
8.2.1. Market Volume and Value Forecast By Country
8.2.1.1. Poland
8.2.1.2. Russia
8.2.1.3. Rest of Eastern Europe
8.2.2. Market Volume and Value Forecast By Product Types
8.2.2.1. Grain-Oriented Electrical Steel
8.2.2.2. Non-Grain Oriented Electrical Steel
8.2.2.2.1. Fully-Processed
8.2.2.2.2. Semi-Processed
8.2.3. Market Volume and Value Forecast By Application
8.2.3.1. Transformers
8.2.3.1.1. Transmission
8.2.3.1.2. Portable
8.2.3.1.3. Distribution
8.2.3.2. Motors
8.2.3.2.1. 1hp - 80hp
8.2.3.2.2. 81hp - 200hp
8.2.3.2.3. 201hp - 500hp
8.2.3.2.4. 501hp - 800hp
8.2.3.2.5. Above 800hp
8.2.3.3. Inductors
8.2.4. Market Attractiveness Analysis
8.2.4.1. By Country
8.2.4.2. By Product Type
8.2.4.3. By Application
8.3. Regional Trends
9. Western Europe Electrical Steel Market Analysis
9.1. Introduction
9.1.1. Y-o-Y growth projection, By Country
9.1.2. Basis Point Share (BPS) Analysis, By Country
9.2. Western Europe Market Forecast
9.2.1. Market Volume and Value Forecast By Country
9.2.1.1. BENELUX
9.2.1.2. France
9.2.1.3. Germany
9.2.1.4. Italy
9.2.1.5. Spain
9.2.1.6. United Kingdom
9.2.1.7. Rest of Western Europe
9.2.2. Market Volume and Value Forecast By Product Types
9.2.2.1. Grain-Oriented Electrical Steel
9.2.2.2. Non-Grain Oriented Electrical Steel
9.2.2.2.1. Fully-Processed
9.2.2.2.2. Semi-Processed
9.2.3. Market Volume and Value Forecast By Application
9.2.3.1. Transformers
9.2.3.1.1. Transmission
9.2.3.1.2. Portable
9.2.3.1.3. Distribution
9.2.3.2. Motors
9.2.3.2.1. 1hp - 100hp
9.2.3.2.2. 101hp - 200hp
9.2.3.2.3. 201hp - 500hp
9.2.3.2.4. 501hp - 900hp
9.2.3.2.5. Above 900hp
9.2.3.3. Inductors
9.2.4. Market Attractiveness Analysis
9.2.4.1. By Country
9.2.4.2. By Product Type
9.2.4.3. By Application
9.3. Regional Trends
10. APEJ Electrical Steel Market Analysis
10.1. Introduction
10.1.1. Y-o-Y growth projection, By Country
10.1.2. Basis Point Share (BPS) Analysis, By Country
10.2. Western Europe Market Forecast
10.2.1. Market Volume and Value Forecast By Country
10.2.1.1. ANZ
10.2.1.2. ASEAN
10.2.1.3. China
10.2.1.4. India
10.2.1.5. Rest of APEJ
10.2.2. Market Volume and Value Forecast By Product Types
10.2.2.1. Grain-Oriented Electrical Steel
10.2.2.2. Non-Grain Oriented Electrical Steel
10.2.2.2.1. Fully-Processed
10.2.2.2.2. Semi-Processed
10.2.3. Market Volume and Value Forecast By Application
10.2.3.1. Transformers
10.2.3.1.1. Transmission
10.2.3.1.2. Portable
10.2.3.1.3. Distribution
10.2.3.2. Motors
10.2.3.2.1. 1hp - 100hp
10.2.3.2.2. 101hp - 200hp
10.2.3.2.3. 201hp - 500hp
10.2.3.2.4. 501hp - 1000hp
10.2.3.2.5. Above 1000hp
10.2.3.3. Inductors
10.2.4. Market Attractiveness Analysis
10.2.4.1. By Country
10.2.4.2. By Product Type
10.2.4.3. By Application
10.3. Regional Trends
11. Japan Electrical Steel Market Analysis
11.1. Introduction
11.1.1. Y-o-Y growth projection, By Country
11.1.2. Basis Point Share (BPS) Analysis, By Country
11.2. Japan Market Forecast
11.2.1. Market Volume and Value Forecast By Product Types
11.2.1.1. Grain-Oriented Electrical Steel
11.2.1.2. Non-Grain Oriented Electrical Steel
11.2.1.2.1. Fully-Processed
11.2.1.2.2. Semi-Processed
11.2.2. Market Volume and Value Forecast By Application
11.2.2.1. Transformers
11.2.2.1.1. Transmission
11.2.2.1.2. Portable
11.2.2.1.3. Distribution
11.2.2.2. Motors
11.2.2.2.1. 1hp - 100hp
11.2.2.2.2. 101hp - 200hp
11.2.2.2.3. 201hp - 500hp
11.2.2.2.4. 501hp - 1000hp
11.2.2.2.5. Above 1000hp
11.2.2.3. Inductors
11.2.3. Market Attractiveness Analysis
11.2.3.1. By Country
11.2.3.2. By Product Type
11.2.3.3. By Application
11.3. Regional Trends
12. Middle East & Africa Electrical Steel Market Analysis
12.1. Introduction
12.1.1. Y-o-Y growth projection, By Country
12.1.2. Basis Point Share (BPS) Analysis, By Country
12.2. Middle East & Africa Market Forecast
12.2.1. Market Volume and Value Forecast By Country
12.2.1.1. GCC
12.2.1.2. South Africa
12.2.1.3. Rest of Middle East & Africa
12.2.2. Market Volume and Value Forecast By Product Types
12.2.2.1. Grain-Oriented Electrical Steel
12.2.2.2. Non-Grain Oriented Electrical Steel
12.2.2.2.1. Fully-Processed
12.2.2.2.2. Semi-Processed
12.2.3. Market Volume and Value Forecast By Application
12.2.3.1. Transformers
12.2.3.1.1. Transmission
12.2.3.1.2. Portable
12.2.3.1.3. Distribution
12.2.3.2. Motors
12.2.3.2.1. 1hp - 100hp
12.2.3.2.2. 101hp - 200hp
12.2.3.2.3. 201hp - 500hp
12.2.3.2.4. 501hp - 1200hp
12.2.3.2.5. Above 1200hp
12.2.3.3. Inductors
12.2.4. Market Attractiveness Analysis
12.2.4.1. By Country
12.2.4.2. By Product Type
12.2.4.3. By Application
12.3. Regional Trends
13. Competitive Landscape
13.1. Comparative Analysis
13.2. Production Scale Measurement
13.3. Competition Dashboard
13.4. Company Profiles
13.4.1. Overview
13.4.2. Financial Performance
13.4.3. Products/Brand Offerings
13.4.4. Recent Developments
13.4.5. SWOT Analysis
13.5. NLMK
13.6. voestalpine AG
13.7. POSCO
13.8. NIPPON STEEL & SUMITOMO METAL CORPORATION
13.9. thyssenkrupp AG
13.10. JFE Steel Corporation
13.11. ArcelorMittal
13.12. Cogent Power Limited
13.13. Aperam
13.14. Baosteel Group Corporation
13.15. AK Steel Corporation
13.16. ATI
13.17. Schneider Electric
13.18. NICORE ELECTRICAL MANUFCTORY CO.,LTD
13.19. ABB
13.20. Emirates Transformer & Switchgear Limited
13.21. Phoenix Mecano AG
13.22. Crompton Greaves Limited
13.23. Leicong Industrial Co., Ltd
13.24. Höganäs AB
14. Research Methodology
15. Assumptions and Acronyms Used

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