Global Grain Oriented Electrical Steel Sheet Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Grain Oriented Electrical Steel Sheet market size was valued at US$ 7984 million in 2024 and is forecast to a readjusted size of USD 9879 million by 2031 with a CAGR of 3.1% during review period.
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: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. This report mainly focuses on grain oriented electrical steel sheet. Grain oriented electrical steel is composed of iron with 3 % Si content with grains oriented to deliver high permeability and low energy loss. Grain oriented electrical steels have strong crystallographic properties. Grain oriented type undergoes a recrystallization process resulting in an enhanced grain structure which shows better magnetic properties in the rolling direction of the sheet. Grain oriented electrical steels are mostly used for transformers.
Global key players of Grain Oriented Electrical Steel Sheet include Baoshan Iron & Steel, Nippon Steel, etc. The top two players hold a share over 37%.
Asia-Pacific is the largest market, has a share about 65%, followed by Europe and North America, with share 19% and 8%, separately.
In terms of product type, HGO is the largest segment, occupied for a share of 70%, and in terms of application, Transformer has a share about 97%.
This report is a detailed and comprehensive analysis for global Grain Oriented Electrical Steel Sheet market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Grain Oriented Electrical Steel Sheet market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Grain Oriented Electrical Steel Sheet market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Grain Oriented Electrical Steel Sheet market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Grain Oriented Electrical Steel Sheet market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Grain Oriented Electrical Steel Sheet
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Grain Oriented Electrical Steel Sheet market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baoshan Iron & Steel Co., Ltd., Nippon Steel Corporation, NLMK Group, ThyssenKrupp AG, AK Steel Corporation (Cleveland-Cliffs Inc.), JFE Steel Corporation, Beijing Shougang Co., Ltd., Posco International Corporation, Chongqing Wangbian Electric (Group) Corp., Ltd., Stalprodukt S.A., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Grain Oriented Electrical Steel Sheet market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
HGO
CGO
Market segment by Application
Transformer
Others
Major players covered
Baoshan Iron & Steel Co., Ltd.
Nippon Steel Corporation
NLMK Group
ThyssenKrupp AG
AK Steel Corporation (Cleveland-Cliffs Inc.)
JFE Steel Corporation
Beijing Shougang Co., Ltd.
Posco International Corporation
Chongqing Wangbian Electric (Group) Corp., Ltd.
Stalprodukt S.A.
Baotou Weifeng Rare Earth Electromagnetic Material Co., Ltd.
Ningbo Yinyi Group Co., Ltd.
Aperam S.A.
Zhejiang Huaying New Material Technology Co., Ltd.
Wuxi Huajing New Materials Co., Ltd.
Jiangyin Huashi Huaxi Cold Rolled Strip Co., Ltd.
Jiangsu Beichen Hubang Electric Power Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grain Oriented Electrical Steel Sheet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grain Oriented Electrical Steel Sheet, with price, sales quantity, revenue, and global market share of Grain Oriented Electrical Steel Sheet from 2020 to 2025.
Chapter 3, the Grain Oriented Electrical Steel Sheet competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grain Oriented Electrical Steel Sheet breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Grain Oriented Electrical Steel Sheet market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grain Oriented Electrical Steel Sheet.
Chapter 14 and 15, to describe Grain Oriented Electrical Steel Sheet sales channel, distributors, customers, research findings and conclusion.
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: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. This report mainly focuses on grain oriented electrical steel sheet. Grain oriented electrical steel is composed of iron with 3 % Si content with grains oriented to deliver high permeability and low energy loss. Grain oriented electrical steels have strong crystallographic properties. Grain oriented type undergoes a recrystallization process resulting in an enhanced grain structure which shows better magnetic properties in the rolling direction of the sheet. Grain oriented electrical steels are mostly used for transformers.
Global key players of Grain Oriented Electrical Steel Sheet include Baoshan Iron & Steel, Nippon Steel, etc. The top two players hold a share over 37%.
Asia-Pacific is the largest market, has a share about 65%, followed by Europe and North America, with share 19% and 8%, separately.
In terms of product type, HGO is the largest segment, occupied for a share of 70%, and in terms of application, Transformer has a share about 97%.
This report is a detailed and comprehensive analysis for global Grain Oriented Electrical Steel Sheet market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Grain Oriented Electrical Steel Sheet market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Grain Oriented Electrical Steel Sheet market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Grain Oriented Electrical Steel Sheet market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Grain Oriented Electrical Steel Sheet market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Grain Oriented Electrical Steel Sheet
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Grain Oriented Electrical Steel Sheet market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baoshan Iron & Steel Co., Ltd., Nippon Steel Corporation, NLMK Group, ThyssenKrupp AG, AK Steel Corporation (Cleveland-Cliffs Inc.), JFE Steel Corporation, Beijing Shougang Co., Ltd., Posco International Corporation, Chongqing Wangbian Electric (Group) Corp., Ltd., Stalprodukt S.A., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Grain Oriented Electrical Steel Sheet market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
HGO
CGO
Market segment by Application
Transformer
Others
Major players covered
Baoshan Iron & Steel Co., Ltd.
Nippon Steel Corporation
NLMK Group
ThyssenKrupp AG
AK Steel Corporation (Cleveland-Cliffs Inc.)
JFE Steel Corporation
Beijing Shougang Co., Ltd.
Posco International Corporation
Chongqing Wangbian Electric (Group) Corp., Ltd.
Stalprodukt S.A.
Baotou Weifeng Rare Earth Electromagnetic Material Co., Ltd.
Ningbo Yinyi Group Co., Ltd.
Aperam S.A.
Zhejiang Huaying New Material Technology Co., Ltd.
Wuxi Huajing New Materials Co., Ltd.
Jiangyin Huashi Huaxi Cold Rolled Strip Co., Ltd.
Jiangsu Beichen Hubang Electric Power Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grain Oriented Electrical Steel Sheet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grain Oriented Electrical Steel Sheet, with price, sales quantity, revenue, and global market share of Grain Oriented Electrical Steel Sheet from 2020 to 2025.
Chapter 3, the Grain Oriented Electrical Steel Sheet competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grain Oriented Electrical Steel Sheet breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Grain Oriented Electrical Steel Sheet market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grain Oriented Electrical Steel Sheet.
Chapter 14 and 15, to describe Grain Oriented Electrical Steel Sheet sales channel, distributors, customers, research findings and conclusion.
Table of Contents
136 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Grain Oriented Electrical Steel Sheet by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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