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Global Electrical Steel Market 2024-2028

Publisher TechNavio
Published Sep 11, 2024
Length 166 Pages
SKU # INF19287756

Description

Electrical Steel Market 2024-2028


The electrical steel market is forecasted to grow by USD 24254.8 million during 2023-2028, accelerating at a CAGR of 11.29% during the forecast period. The report on the electrical steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for electrical steel in automotive industry, high applications of electrical steel in power sector, and rise in adoption of renewable energy.

Technavio's electrical steel market is segmented as below:
  • By Type
  • Grain oriented electrical steel
  • Non-grain oriented electrical steel
  • By End-user
  • Automobiles
  • Manufacturing
  • Energy generation
  • By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the expansion of production capacity by vendors as one of the prime reasons driving the electrical steel market growth during the next few years. Also, increasing technological developments in global electrical steel market and increasing merger and acquisition activities will lead to sizable demand in the market.

The report on the electrical steel market covers the following areas:
  • Electrical steel market sizing
  • Electrical steel market forecast
  • Electrical steel market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrical steel market vendors that include Ansteel Group Corp. Ltd., Aperam SA, ArcelorMittal, Arnold Magnetic Technologies Corp., Beijing Shougang Co. Ltd., China BaoWu Steel Group Corp. Ltd., China Steel Corp., Cleveland Cliffs Inc., JFE Holdings Inc., JSW Group, Nippon Steel Corp., NLMK Group, Nucor Corp., POSCO holdings Inc., Steel Authority of India Ltd., Tata Sons Pvt. Ltd., thyssenkrupp AG, United States Steel Corp., voestalpine AG, and Yieh Corp.. Also, the electrical steel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

166 Pages
    • Market overview
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global Electrical Steel Market 2018 - 2022
    • Type segment analysis 2018 - 2022
    • End-user segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Type
    • Grain oriented electrical steel - Market size and forecast 2023-2028
    • Non-grain oriented electrical steel - Market size and forecast 2023-2028
    • Market opportunity by Type
    • Market segments
    • Comparison by End-user
    • Automobiles - Market size and forecast 2023-2028
    • Manufacturing - Market size and forecast 2023-2028
    • Energy generation - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • India - Market size and forecast 2023-2028
    • Japan - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • Russia - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Market positioning of companies
    • Ansteel Group Corp. Ltd.
    • ArcelorMittal
    • China BaoWu Steel Group Corp. Ltd.
    • China Steel Corp.
    • Cleveland Cliffs Inc.
    • JFE Holdings Inc.
    • Nippon Steel Corp.
    • NLMK Group
    • Nucor Corp.
    • POSCO holdings Inc.
    • Steel Authority of India Ltd.
    • Tata Sons Pvt. Ltd.
    • thyssenkrupp AG
    • United States Steel Corp.
    • voestalpine AG
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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