Global Electrical Steel Market 2026-2030

Publisher TechNavio

Published Jan 14, 2026

Length 288 Pages

SKU # INF20729017

Description

Global Electrical Steel Market 2026-2030

The global electrical steel market is forecasted to grow by USD 30862.2 mn during 2025-2030, accelerating at a CAGR of 11.8% during the forecast period. The report on the global 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, rise in adoption of renewable energy.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's global electrical steel market is segmented as below:

By Type

Grain oriented
Non-grain oriented

By End-User

Automobiles
Manufacturing
Energy generation

By Application

Transformer
Motor
Inductor

Geography

APAC
China
Japan
India
South Korea
Australia
Indonesia
Europe
Germany
UK
France
Italy
Spain
The Netherlands
North America
US
Canada
Mexico
Middle East and Africa
Turkey
UAE
South Africa
South America
Brazil
Argentina
Chile
Rest of World (ROW)

This study identifies the expansion of premium and ultra-premium production capacity to serve ev and renewable as one of the prime reasons driving the global 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 global electrical steel market covers the following areas:

Global electrical steel market sizing
Global electrical steel market forecast
Global 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 global electrical steel market vendors that include Aperam SA, ArcelorMittal, China Steel Corp., Cogent Power Inc., Cogne Acciai S.P.A., EVRAZ Plc, JFE Holdings Inc., LIBERTY Steel Group, Nippon Steel Corp., NLMK Group, Orient Electric Ltd., PAO Severstal, POSCO holdings Inc., Salzgitter AG, Steel Dynamics Inc., TC Metal Co., thyssenkrupp AG, United States Steel Corp.. Also, the global 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 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.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Global Market Characteristics; Executive Summary - Chart on Market by Geography; Executive Summary - Chart on Market Segmentation by Type; Executive Summary - Chart on Market Segmentation by End-user; Executive Summary - Chart on Market Segmentation by Application; Executive Summary - Chart on Incremental Growth; Executive Summary - Data Table on Incremental Growth; Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis: 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; 2.2 Criticality of inputs and Factors of differentiation; Chart on Overview on criticality of inputs and factors of differentiation; 2.3 Factors of disruption; Chart on Overview on factors of disruption; 2.4 Impact of drivers and challenges; Chart on Impact of drivers and challenges in 2025 and 2030
3 Market Landscape: 3.1 Market ecosystem; Chart on Parent Market; Data Table on - Parent Market; 3.2 Market characteristics; Chart on Market characteristics analysis; 3.3 Value chain analysis; Chart on Value chain analysis
4 Market Sizing: 4.1 Market definition; Data Table on Offerings of companies included in the market definition; 4.2 Market segment analysis; Market segments; 4.3 Market size 2025; 4.4 Market outlook: Forecast for 2025-2030; Chart on Global - Market size and forecast 2025-2030 ($ million); Data Table on Global - Market size and forecast 2025-2030 ($ million); Chart on Global Market: Year-over-year growth 2025-2030 (%); Data Table on Global Market: Year-over-year growth 2025-2030 (%)
5 Historic Market Size: 5.1 Global Electrical Steel Market 2020 - 2024; Historic Market Size - Data Table on Global Electrical Steel Market 2020 - 2024 ($ million); 5.2 Type segment analysis 2020 - 2024; Historic Market Size - Type Segment 2020 - 2024 ($ million); 5.3 End-user segment analysis 2020 - 2024; Historic Market Size - End-user Segment 2020 - 2024 ($ million); 5.4 Application segment analysis 2020 - 2024; Historic Market Size - Application Segment 2020 - 2024 ($ million); 5.5 Geography segment analysis 2020 - 2024; Historic Market Size - Geography Segment 2020 - 2024 ($ million); 5.6 Country segment analysis 2020 - 2024; Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis: 6.1 Impact of AI on global electrical steel market
7 Five Forces Analysis: 7.1 Five forces summary; Five forces analysis - Comparison between 2025 and 2030; 7.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2025 and 2030; 7.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2025 and 2030; 7.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2025 and 2030; 7.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2025 and 2030; 7.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2025 and 2030; 7.7 Market condition; Chart on Market condition - Five forces 2025 and 2030
8 Market Segmentation by Type: 8.1 Market segments; Chart on Type - Market share 2025-2030 (%); Data Table on Type - Market share 2025-2030 (%); 8.2 Comparison by Type; Chart on Comparison by Type; Data Table on Comparison by Type; 8.3 Grain oriented - Market size and forecast 2025-2030; Chart on Grain oriented - Market size and forecast 2025-2030 ($ million); Data Table on Grain oriented - Market size and forecast 2025-2030 ($ million); Chart on Grain oriented - Year-over-year growth 2025-2030 (%); Data Table on Grain oriented - Year-over-year growth 2025-2030 (%); 8.4 Non-grain oriented - Market size and forecast 2025-2030; Chart on Non-grain oriented - Market size and forecast 2025-2030 ($ million); Data Table on Non-grain oriented - Market size and forecast 2025-2030 ($ million); Chart on Non-grain oriented - Year-over-year growth 2025-2030 (%); Data Table on Non-grain oriented - Year-over-year growth 2025-2030 (%); 8.5 Market opportunity by Type; Market opportunity by Type ($ million); Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by End-user: 9.1 Market segments; Chart on End-user - Market share 2025-2030 (%); Data Table on End-user - Market share 2025-2030 (%); 9.2 Comparison by End-user; Chart on Comparison by End-user; Data Table on Comparison by End-user; 9.3 Automobiles - Market size and forecast 2025-2030; Chart on Automobiles - Market size and forecast 2025-2030 ($ million); Data Table on Automobiles - Market size and forecast 2025-2030 ($ million); Chart on Automobiles - Year-over-year growth 2025-2030 (%); Data Table on Automobiles - Year-over-year growth 2025-2030 (%); 9.4 Manufacturing - Market size and forecast 2025-2030; Chart on Manufacturing - Market size and forecast 2025-2030 ($ million); Data Table on Manufacturing - Market size and forecast 2025-2030 ($ million); Chart on Manufacturing - Year-over-year growth 2025-2030 (%); Data Table on Manufacturing - Year-over-year growth 2025-2030 (%); 9.5 Energy generation - Market size and forecast 2025-2030; Chart on Energy generation - Market size and forecast 2025-2030 ($ million); Data Table on Energy generation - Market size and forecast 2025-2030 ($ million); Chart on Energy generation - Year-over-year growth 2025-2030 (%); Data Table on Energy generation - Year-over-year growth 2025-2030 (%); 9.6 Market opportunity by End-user; Market opportunity by End-user ($ million); Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Application: 10.1 Market segments; Chart on Application - Market share 2025-2030 (%); Data Table on Application - Market share 2025-2030 (%); 10.2 Comparison by Application; Chart on Comparison by Application; Data Table on Comparison by Application; 10.3 Transformer - Market size and forecast 2025-2030; Chart on Transformer - Market size and forecast 2025-2030 ($ million); Data Table on Transformer - Market size and forecast 2025-2030 ($ million); Chart on Transformer - Year-over-year growth 2025-2030 (%); Data Table on Transformer - Year-over-year growth 2025-2030 (%); 10.4 Motor - Market size and forecast 2025-2030; Chart on Motor - Market size and forecast 2025-2030 ($ million); Data Table on Motor - Market size and forecast 2025-2030 ($ million); Chart on Motor - Year-over-year growth 2025-2030 (%); Data Table on Motor - Year-over-year growth 2025-2030 (%); 10.5 Inductor - Market size and forecast 2025-2030; Chart on Inductor - Market size and forecast 2025-2030 ($ million); Data Table on Inductor - Market size and forecast 2025-2030 ($ million); Chart on Inductor - Year-over-year growth 2025-2030 (%); Data Table on Inductor - Year-over-year growth 2025-2030 (%); 10.6 Market opportunity by Application; Market opportunity by Application ($ million); Data Table on Market opportunity by Application ($ million)
11 Customer Landscape: 11.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape: 12.1 Geographic segmentation; Chart on Market share by geography 2025-2030 (%); Data Table on Market share by geography 2025-2030 (%); 12.2 Geographic comparison; Chart on Geographic comparison; Data Table on Geographic comparison; 12.3 APAC - Market size and forecast 2025-2030; Chart on APAC - Market size and forecast 2025-2030 ($ million); Data Table on APAC - Market size and forecast 2025-2030 ($ million); Chart on APAC - Year-over-year growth 2025-2030 (%); Data Table on APAC - Year-over-year growth 2025-2030 (%); Chart on Regional Comparison - APAC; Data Table on Regional Comparison - APAC; 12.3.1 China - Market size and forecast 2025-2030; Chart on China - Market size and forecast 2025-2030 ($ million); Data Table on China - Market size and forecast 2025-2030 ($ million); Chart on China - Year-over-year growth 2025-2030 (%); Data Table on China - Year-over-year growth 2025-2030 (%); 12.3.2 Japan - Market size and forecast 2025-2030; Chart on Japan - Market size and forecast 2025-2030 ($ million); Data Table on Japan - Market size and forecast 2025-2030 ($ million); Chart on Japan - Year-over-year growth 2025-2030 (%); Data Table on Japan - Year-over-year growth 2025-2030 (%); 12.3.3 India - Market size and forecast 2025-2030; Chart on India - Market size and forecast 2025-2030 ($ million); Data Table on India - Market size and forecast 2025-2030 ($ million); Chart on India - Year-over-year growth 2025-2030 (%); Data Table on India - Year-over-year growth 2025-2030 (%); 12.3.4 South Korea - Market size and forecast 2025-2030; Chart on South Korea - Market size and forecast 2025-2030 ($ million); Data Table on South Korea - Market size and forecast 2025-2030 ($ million); Chart on South Korea - Year-over-year growth 2025-2030 (%); Data Table on South Korea - Year-over-year growth 2025-2030 (%); 12.3.5 Australia - Market size and forecast 2025-2030; Chart on Australia - Market size and forecast 2025-2030 ($ million); Data Table on Australia - Market size and forecast 2025-2030 ($ million); Chart on Australia - Year-over-year growth 2025-2030 (%); Data Table on Australia - Year-over-year growth 2025-2030 (%); 12.3.6 Indonesia - Market size and forecast 2025-2030; Chart on Indonesia - Market size and forecast 2025-2030 ($ million); Data Table on Indonesia - Market size and forecast 2025-2030 ($ million); Chart on Indonesia - Year-over-year growth 2025-2030 (%); Data Table on Indonesia - Year-over-year growth 2025-2030 (%); 12.4 Europe - Market size and forecast 2025-2030; Chart on Europe - Market size and forecast 2025-2030 ($ million); Data Table on Europe - Market size and forecast 2025-2030 ($ million); Chart on Europe - Year-over-year growth 2025-2030 (%); Data Table on Europe - Year-over-year growth 2025-2030 (%); Chart on Regional Comparison - Europe; Data Table on Regional Comparison - Europe; 12.4.1 Germany - Market size and forecast 2025-2030; Chart on Germany - Market size and forecast 2025-2030 ($ million); Data Table on Germany - Market size and forecast 2025-2030 ($ million); Chart on Germany - Year-over-year growth 2025-2030 (%); Data Table on Germany - Year-over-year growth 2025-2030 (%); 12.4.2 UK - Market size and forecast 2025-2030; Chart on UK - Market size and forecast 2025-2030 ($ million); Data Table on UK - Market size and forecast 2025-2030 ($ million); Chart on UK - Year-over-year growth 2025-2030 (%); Data Table on UK - Year-over-year growth 2025-2030 (%); 12.4.3 France - Market size and forecast 2025-2030; Chart on France - Market size and forecast 2025-2030 ($ million); Data Table on France - Market size and forecast 2025-2030 ($ million); Chart on France - Year-over-year growth 2025-2030 (%); Data Table on France - Year-over-year growth 2025-2030 (%); 12.4.4 Italy - Market size and forecast 2025-2030; Chart on Italy - Market size and forecast 2025-2030 ($ million); Data Table on Italy - Market size and forecast 2025-2030 ($ million); Chart on Italy - Year-over-year growth 2025-2030 (%); Data Table on Italy - Year-over-year growth 2025-2030 (%); 12.4.5 Spain - Market size and forecast 2025-2030; Chart on Spain - Market size and forecast 2025-2030 ($ million); Data Table on Spain - Market size and forecast 2025-2030 ($ million); Chart on Spain - Year-over-year growth 2025-2030 (%); Data Table on Spain - Year-over-year growth 2025-2030 (%); 12.4.6 The Netherlands - Market size and forecast 2025-2030; Chart on The Netherlands - Market size and forecast 2025-2030 ($ million); Data Table on The Netherlands - Market size and forecast 2025-2030 ($ million); Chart on The Netherlands - Year-over-year growth 2025-2030 (%); Data Table on The Netherlands - Year-over-year growth 2025-2030 (%); 12.5 North America - Market size and forecast 2025-2030; Chart on North America - Market size and forecast 2025-2030 ($ million); Data Table on North America - Market size and forecast 2025-2030 ($ million); Chart on North America - Year-over-year growth 2025-2030 (%); Data Table on North America - Year-over-year growth 2025-2030 (%); Chart on Regional Comparison - North America; Data Table on Regional Comparison - North America; 12.5.1 US - Market size and forecast 2025-2030; Chart on US - Market size and forecast 2025-2030 ($ million); Data Table on US - Market size and forecast 2025-2030 ($ million); Chart on US - Year-over-year growth 2025-2030 (%); Data Table on US - Year-over-year growth 2025-2030 (%); 12.5.2 Canada - Market size and forecast 2025-2030; Chart on Canada - Market size and forecast 2025-2030 ($ million); Data Table on Canada - Market size and forecast 2025-2030 ($ million); Chart on Canada - Year-over-year growth 2025-2030 (%); Data Table on Canada - Year-over-year growth 2025-2030 (%); 12.5.3 Mexico - Market size and forecast 2025-2030; Chart on Mexico - Market size and forecast 2025-2030 ($ million); Data Table on Mexico - Market size and forecast 2025-2030 ($ million); Chart on Mexico - Year-over-year growth 2025-2030 (%); Data Table on Mexico - Year-over-year growth 2025-2030 (%); 12.6 Middle East and Africa - Market size and forecast 2025-2030; Chart on Middle East and Africa - Market size and forecast 2025-2030 ($ million); Data Table on Middle East and Africa - Market size and forecast 2025-2030 ($ million); Chart on Middle East and Africa - Year-over-year growth 2025-2030 (%); Data Table on Middle East and Africa - Year-over-year growth 2025-2030 (%); Chart on Regional Comparison - Middle East and Africa; Data Table on Regional Comparison - Middle East and Africa; 12.6.1 Turkey - Market size and forecast 2025-2030; Chart on Turkey - Market size and forecast 2025-2030 ($ million); Data Table on Turkey - Market size and forecast 2025-2030 ($ million); Chart on Turkey - Year-over-year growth 2025-2030 (%); Data Table on Turkey - Year-over-year growth 2025-2030 (%); 12.6.2 Saudi Arabia - Market size and forecast 2025-2030; Chart on Saudi Arabia - Market size and forecast 2025-2030 ($ million); Data Table on Saudi Arabia - Market size and forecast 2025-2030 ($ million); Chart on Saudi Arabia - Year-over-year growth 2025-2030 (%); Data Table on Saudi Arabia - Year-over-year growth 2025-2030 (%); 12.6.3 UAE - Market size and forecast 2025-2030; Chart on UAE - Market size and forecast 2025-2030 ($ million); Data Table on UAE - Market size and forecast 2025-2030 ($ million); Chart on UAE - Year-over-year growth 2025-2030 (%); Data Table on UAE - Year-over-year growth 2025-2030 (%); 12.6.4 South Africa - Market size and forecast 2025-2030; Chart on South Africa - Market size and forecast 2025-2030 ($ million); Data Table on South Africa - Market size and forecast 2025-2030 ($ million); Chart on South Africa - Year-over-year growth 2025-2030 (%); Data Table on South Africa - Year-over-year growth 2025-2030 (%); 12.6.5 Israel - Market size and forecast 2025-2030; Chart on Israel - Market size and forecast 2025-2030 ($ million); Data Table on Israel - Market size and forecast 2025-2030 ($ million); Chart on Israel - Year-over-year growth 2025-2030 (%); Data Table on Israel - Year-over-year growth 2025-2030 (%); 12.7 South America - Market size and forecast 2025-2030; Chart on South America - Market size and forecast 2025-2030 ($ million); Data Table on South America - Market size and forecast 2025-2030 ($ million); Chart on South America - Year-over-year growth 2025-2030 (%); Data Table on South America - Year-over-year growth 2025-2030 (%); Chart on Regional Comparison - South America; Data Table on Regional Comparison - South America; 12.7.1 Brazil - Market size and forecast 2025-2030; Chart on Brazil - Market size and forecast 2025-2030 ($ million); Data Table on Brazil - Market size and forecast 2025-2030 ($ million); Chart on Brazil - Year-over-year growth 2025-2030 (%); Data Table on Brazil - Year-over-year growth 2025-2030 (%); 12.7.2 Argentina - Market size and forecast 2025-2030; Chart on Argentina - Market size and forecast 2025-2030 ($ million); Data Table on Argentina - Market size and forecast 2025-2030 ($ million); Chart on Argentina - Year-over-year growth 2025-2030 (%); Data Table on Argentina - Year-over-year growth 2025-2030 (%); 12.7.3 Chile - Market size and forecast 2025-2030; Chart on Chile - Market size and forecast 2025-2030 ($ million); Data Table on Chile - Market size and forecast 2025-2030 ($ million); Chart on Chile - Year-over-year growth 2025-2030 (%); Data Table on Chile - Year-over-year growth 2025-2030 (%); 12.8 Market opportunity by geography; Market opportunity by geography ($ million); Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity: 13.1 Market drivers; Increasing demand for electrical steel in automotive industry; High applications of electrical steel in power sector; Rise in adoption of renewable energy; 13.2 Market challenges; Overcapacity remains defining challenge for profitability and strategic planning across market; Increasing demand for alternative metal alloys; Fluctuations in electrical steel prices; 13.3 Impact of drivers and challenges; Impact of drivers and challenges in 2025 and 2030; 13.4 Market opportunities; Expansion of premium and ultra-premium production capacity to serve EV and renewable; Increasing technological developments in global electrical steel market; Increasing merger and acquisition activities
14 Competitive Landscape: 14.1 Overview; 14.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 14.3 Landscape disruption; Overview on factors of disruption; 14.4 Industry risks; Impact of key risks on business
15 Competitive Analysis: 15.1 Companies profiled; Companies covered; 15.2 Company ranking index; Company ranking index; 15.3 Market positioning of companies; Matrix on companies position and classification; 15.4 Aperam SA; Aperam SA - Overview; Aperam SA - Business segments; Aperam SA - Key offerings; Aperam SA - Segment focus; SWOT; 15.5 ArcelorMittal; ArcelorMittal - Overview; ArcelorMittal - Business segments; ArcelorMittal - Key offerings; ArcelorMittal - Segment focus; SWOT; 15.6 China Steel Corp.; China Steel Corp. - Overview; China Steel Corp. - Product / Service; China Steel Corp. - Key offerings; SWOT; 15.7 Cogent Power Inc.; Cogent Power Inc. - Overview; Cogent Power Inc. - Product / Service; Cogent Power Inc. - Key offerings; SWOT; 15.8 Cogne Acciai S.P.A.; Cogne Acciai S.P.A. - Overview; Cogne Acciai S.P.A. - Product / Service; Cogne Acciai S.P.A. - Key offerings; SWOT; 15.9 JFE Holdings Inc.; JFE Holdings Inc. - Overview; JFE Holdings Inc. - Business segments; JFE Holdings Inc. - Key news; JFE Holdings Inc. - Key offerings; JFE Holdings Inc. - Segment focus; SWOT; 15.10 LIBERTY Steel Group; LIBERTY Steel Group - Overview; LIBERTY Steel Group - Product / Service; LIBERTY Steel Group - Key offerings; SWOT; 15.11 Nippon Steel Corp.; Nippon Steel Corp. - Overview; Nippon Steel Corp. - Business segments; Nippon Steel Corp. - Key news; Nippon Steel Corp. - Key offerings; Nippon Steel Corp. - Segment focus; SWOT; 15.12 NLMK Group; NLMK Group - Overview; NLMK Group - Product / Service; NLMK Group - Key offerings; SWOT; 15.13 PAO Severstal; PAO Severstal - Overview; PAO Severstal - Business segments; PAO Severstal - Key offerings; PAO Severstal - Segment focus; SWOT; 15.14 POSCO holdings Inc.; POSCO holdings Inc. - Overview; POSCO holdings Inc. - Product / Service; POSCO holdings Inc. - Key offerings; SWOT; 15.15 Salzgitter AG; Salzgitter AG - Overview; Salzgitter AG - Product / Service; Salzgitter AG - Key offerings; SWOT; 15.16 Steel Dynamics Inc.; Steel Dynamics Inc. - Overview; Steel Dynamics Inc. - Product / Service; Steel Dynamics Inc. - Key offerings; SWOT; 15.17 thyssenkrupp AG; thyssenkrupp AG - Overview; thyssenkrupp AG - Business segments; thyssenkrupp AG - Key news; thyssenkrupp AG - Key offerings; thyssenkrupp AG - Segment focus; SWOT; 15.18 United States Steel Corp.; United States Steel Corp. - Overview; United States Steel Corp. - Business segments; United States Steel Corp. - Key news; United States Steel Corp. - Key offerings; United States Steel Corp. - Segment focus; SWOT
16 Appendix: 16.1 Scope of the report; Market definition; Objectives; Notes and caveats; 16.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 16.3 Currency conversion rates for US$; Currency conversion rates for US$; 16.4 Research methodology; Research methodology; 16.5 Data procurement; Information sources; 16.6 Data validation; Data validation; 16.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 16.8 Data synthesis; Data synthesis; 16.9 360 degree market analysis; 360 degree market analysis; 16.10 List of abbreviations; List of abbreviations

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