Global Non Grain-oriented Electrical Steel for Electric Vehicle Supply, Demand and Key Producers, 2026-2032
Description
The global Non Grain-oriented Electrical Steel for Electric Vehicle market size is expected to reach $ 6650 million by 2032, rising at a market growth of 10.6% CAGR during the forecast period (2026-2032).
Non-oriented electrical steel (silicon steel) has homogeneous magnetic properties in all directions. They are used as core materials in rotating machines, from tiny precision electric motors to large power generators. This type of steel is particularly important for electric vehicles (EVs). The use of non-oriented silicon steel enhances the efficiency and performance of electric drivetrains, a critical aspect of EV technology.
The global transition from internal combustion engine (ICE) vehicles to electric vehicles is a major driver for NGO electrical steel. As EV sales rise, the demand for efficient electric motors, which rely on high-performance materials like NGO electrical steel, also increases. This trend is fueled by consumer demand for greener transportation options, government incentives, and regulatory pressures aimed at reducing greenhouse gas emissions.
As the adoption of EVs accelerates globally, the demand for NGO electrical steel is growing. Emerging markets, especially in Asia, are seeing an increase in EV production, with countries like China, India, and South Korea playing key roles in driving this demand. As these markets grow, the need for high-performance materials like NGO electrical steel will continue to rise.
There has been ongoing research and development in electric motor technology, leading to the production of more efficient and powerful motors. This includes advancements in materials, design, and manufacturing processes, resulting in lighter, more compact, and higher-performing motors.
One of the primary goals in electric motor design for EVs is reducing core losses, as these directly affect motor efficiency and driving range. As a result, manufacturers are focusing on using thinner NGO electrical steel, which helps minimize eddy current losses (energy wasted as heat).
This report studies the global Non Grain-oriented Electrical Steel for Electric Vehicle production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Non Grain-oriented Electrical Steel for Electric Vehicle and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Non Grain-oriented Electrical Steel for Electric Vehicle that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Non Grain-oriented Electrical Steel for Electric Vehicle total production and demand, 2021-2032, (Tons)
Global Non Grain-oriented Electrical Steel for Electric Vehicle total production value, 2021-2032, (USD Million)
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Non Grain-oriented Electrical Steel for Electric Vehicle consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Non Grain-oriented Electrical Steel for Electric Vehicle domestic production, consumption, key domestic manufacturers and share
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Non Grain-oriented Electrical Steel for Electric Vehicle market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baowu, Shougang Group, TISCO, Nippon Steel, ThyssenKrupp, Posco, Voestalpine, JFE Steel, CSC, Cleveland-Cliffs, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Non Grain-oriented Electrical Steel for Electric Vehicle market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, Segmentation by Type:
Thickness < 0.3 mm
Thickness > 0.3 mm
Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, Segmentation by Application:
BEV
PHEV
HEV
Companies Profiled:
Baowu
Shougang Group
TISCO
Nippon Steel
ThyssenKrupp
Posco
Voestalpine
JFE Steel
CSC
Cleveland-Cliffs
ArcelorMittal
Key Questions Answered:
1. How big is the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
2. What is the demand of the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
3. What is the year over year growth of the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
4. What is the production and production value of the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
5. Who are the key producers in the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
6. What are the growth factors driving the market demand?
Non-oriented electrical steel (silicon steel) has homogeneous magnetic properties in all directions. They are used as core materials in rotating machines, from tiny precision electric motors to large power generators. This type of steel is particularly important for electric vehicles (EVs). The use of non-oriented silicon steel enhances the efficiency and performance of electric drivetrains, a critical aspect of EV technology.
The global transition from internal combustion engine (ICE) vehicles to electric vehicles is a major driver for NGO electrical steel. As EV sales rise, the demand for efficient electric motors, which rely on high-performance materials like NGO electrical steel, also increases. This trend is fueled by consumer demand for greener transportation options, government incentives, and regulatory pressures aimed at reducing greenhouse gas emissions.
As the adoption of EVs accelerates globally, the demand for NGO electrical steel is growing. Emerging markets, especially in Asia, are seeing an increase in EV production, with countries like China, India, and South Korea playing key roles in driving this demand. As these markets grow, the need for high-performance materials like NGO electrical steel will continue to rise.
There has been ongoing research and development in electric motor technology, leading to the production of more efficient and powerful motors. This includes advancements in materials, design, and manufacturing processes, resulting in lighter, more compact, and higher-performing motors.
One of the primary goals in electric motor design for EVs is reducing core losses, as these directly affect motor efficiency and driving range. As a result, manufacturers are focusing on using thinner NGO electrical steel, which helps minimize eddy current losses (energy wasted as heat).
This report studies the global Non Grain-oriented Electrical Steel for Electric Vehicle production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Non Grain-oriented Electrical Steel for Electric Vehicle and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Non Grain-oriented Electrical Steel for Electric Vehicle that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Non Grain-oriented Electrical Steel for Electric Vehicle total production and demand, 2021-2032, (Tons)
Global Non Grain-oriented Electrical Steel for Electric Vehicle total production value, 2021-2032, (USD Million)
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Non Grain-oriented Electrical Steel for Electric Vehicle consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Non Grain-oriented Electrical Steel for Electric Vehicle domestic production, consumption, key domestic manufacturers and share
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Non Grain-oriented Electrical Steel for Electric Vehicle production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Non Grain-oriented Electrical Steel for Electric Vehicle market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baowu, Shougang Group, TISCO, Nippon Steel, ThyssenKrupp, Posco, Voestalpine, JFE Steel, CSC, Cleveland-Cliffs, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Non Grain-oriented Electrical Steel for Electric Vehicle market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, Segmentation by Type:
Thickness < 0.3 mm
Thickness > 0.3 mm
Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, Segmentation by Application:
BEV
PHEV
HEV
Companies Profiled:
Baowu
Shougang Group
TISCO
Nippon Steel
ThyssenKrupp
Posco
Voestalpine
JFE Steel
CSC
Cleveland-Cliffs
ArcelorMittal
Key Questions Answered:
1. How big is the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
2. What is the demand of the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
3. What is the year over year growth of the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
4. What is the production and production value of the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
5. Who are the key producers in the global Non Grain-oriented Electrical Steel for Electric Vehicle market?
6. What are the growth factors driving the market demand?
Table of Contents
118 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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