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North America Electrical Steel Market Forecast 2019-2027

North America Electrical Steel Market Forecast 2019-2027

KEY FINDINGS

The North American electrical steel market is poised to have a CAGR of 5.18% over the forecast period of 2019-2027. The USA is the fastest growing market for electric steel in North America. In terms of revenue, both USA and Canada are lucrative options for the electric steel market.

MARKET INSIGHTS

Increasing urban population, new sub-station and power transmission line projects, rising demand for electric vehicles, replacement of old power transformers and increasing power demand are some of the factors driving the growth of the electric steel market in North America. Replacing aging power transformers and power transmission lines is expected to augment the demand for electrical steel products over the forecast period. Also, governments of the US and Canada are taking an interest in promoting electric vehicle market by incentivizing both production and sales. This is likely to augment the demand for electrical steel products in the automobile sector.

COMPETITIVE INSIGHTS

Prominent companies involved in the North American electrical steel market are ThyssenKrupp Ag, Union States Steel Corporation, United States Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, Posco, Arnold Magnetic Technologies Corp., Jiangsu Shagang International Trade Co. Ltd, Baosteel Group, Sko-Die Inc., Voestalpine Ag, Orchid International and ArcelorMittal SA.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Surge In Electricity Demand
3.2.2. Transformers Lead The Market By Application Segment
3.2.3. Non-grain-oriented Steel Type Is Expected To Grow At The Highest Cagr
3.2.4. Motors Is Anticipated To Be The Key Application
4. Market Dynamics
4.1. Etymology Of Electrical Steel
4.2. Parent Market Analysis: Steel Market
4.3. Market Scope & Definition
4.4. Market Drivers
4.4.1. Rapidly Increasing Urban Population Across The World
4.4.2. Growing Demand Of Electrical Steel In Transformer & Motors
4.4.3. Positive Outlook Of Electric Vehicles
4.4.4. Augmented Demand For Electrical Steel From Power Sector
4.5. Market Restraints
4.5.1. Volatility And Fluctuations In Prices Of Raw Materials
4.6. Market Opportunities
4.6.1. Supportive Regulation & Standards Along With Increasing Government Support For Electrical Steel
4.7. Market Challenges
4.7.1. Safety & Technological Constraints Associated With Electrical Steel
5. Market By Type
5.1. Grain-oriented Steel
5.1.1. Fully Processed Grain-oriented Steel
5.1.2. Semi Processed Grain-oriented Steel
5.2. Non-grain-oriented Steel
6. Market By Application
6.1. Transformers
6.1.1. Current Transformers
6.1.2. Power Transformers
6.1.3. Distribution Transformers
6.2. Motors
6.3. Inductors
6.4. Other Applications
7. Market By End User
7.1. Energy
7.2. Automobiles
7.3. Manufacturing
7.4. Household Appliances
7.5. Other End Users
8. Key Analytics
8.1. Porter’s Five Force Model
8.1.1. Threat Of New Entrants
8.1.2. Threat Of Substitute
8.1.3. Bargaining Power Of Suppliers
8.1.4. Bargaining Power Of Buyers
8.1.5. Threat Of Competitive Rivalry
8.2. Key Buying Criteria
8.2.1. Cost
8.2.2. Application
8.2.3. Specifications
8.3. Opportunity Matrix
8.4. Vendor Landscape
8.5. Value Chain Analysis
8.5.1. Raw Material Suppliers
8.5.2. Manufacturers
8.5.3. Distributors
8.5.4. End Users
8.6. Legal, Policy & Regulatory Framework
8.7. Investment Analysis
8.7.1. By Application
8.7.2. By End User
9. Geographical Analysis - North America
9.1. United States
9.1.1. Country Overview
9.1.2. Market By Type
9.1.3. Market By Application
9.1.4. Market By End User
9.2. Canada
9.2.1. Country Overview
9.2.2. Market By Type
9.2.3. Market By Application
9.2.4. Market By End User
10. Competitive Landscape
10.1. Market Share Analysis
10.2. Key Company Analysis
10.3. Corporate Strategies
10.4. Company Profiles
10.4.1. Arcelormittal Sa
10.4.2. Arnold Magnetic Technologies Corp.
10.4.3. Baosteel Group
10.4.4. China Steel Corporation
10.4.5. Jiangsu Shagang International Trade Co., Ltd
10.4.6. Nippon Steel & Sumitomo Metal Corporation
10.4.7. Orchid International
10.4.8. Posco
10.4.9. Sko-die, Inc.
10.4.10. Steel Authority Of India Limited (Sail)
10.4.11. Thyssenkrupp Ag
10.4.12. Union States Steel Corporation
10.4.13. United States Steel Corporation
10.4.14. Voestalpine Ag
List Of Tables
Table 1: North America Electrical Steel Market, By Country, 2019-2027 (In $ Billion)
Table 2: Worldwide Sales Of Electric Vehicles In 2017 (Month-wise Sales)
Table 3: Country-wise Stock Targets Of Electric Vehicle Till 2020
Table 4: North America Electrical Steel Market, By Type, 2019-2027, (In $ Billion)
Table 5: North America Electrical Steel Market, By Grain-oriented Steel, 2019-2027 (In $ Billion)
Table 6: North America Electrical Steel Market, By Application, 2019-2027, (In $ Billion)
Table 7: North America Electrical Steel Market, By Transformer Type, 2019-2027 (In $ Billion)
Table 8: North America Electrical Steel Market, By End User, 2019-2027, (In $ Billion)
Table 9: Opportunity Matrix
Table 10: Vendor Landscape
Table 11: Legal, Policy & Regulatory Framework
Table 12: North America Electrical Steel Market, By Country, 2019-2027 (In $ Billion)
Table 13: New Generator & Power Capacity Additions In North America Between Period, 2016-2020 (Mw)
Table 14: United States Electrical Steel Market, By Type, 2019-2027 (In $ Billion)
Table 15: United States Electrical Steel Market, By Application, 2019-2027 (In $ Billion)
Table 16: United States Electrical Steel Market, By End User, 2019-2027 (In $ Billion)
Table 17: Power Line Projects Currently Underway In Canada
Table 18: Canada Electrical Steel Market, By Type, 2019-2027 (In $ Billion)
Table 19: Canada Electrical Steel Market, By Application, 2019-2027 (In $ Billion)
Table 20: Canada Electrical Steel Market, By End User, 2019-2027 (In $ Billion)
Table 21: List Of Corporate Strategies
List of Figures
Figure 1: North America Electrical Steel Market, By End Users, 2018 - 2026 (In %)
Figure 2: Electricity Demand In Key Geographies, 2016 & 2040f (In Twh)
Figure 3: Timeline Of Electrical Steel
Figure 4: Percentage Growth In The Urban Population Across The World, 2010-2017 (% Of Total Population)
Figure 5: Electrical Vehicle Sales In The United States, 2015-2016
Figure 6: Worldwide Sales Of Light Duty Electric Vehicles, 2015-2024 (In Million Units)
Figure 7: Worldwide Price Of Iron Ore, 2010-2016
Figure 8: North America Electrical Steel Market, By Grain-oriented Steel, 2019-2027 (In $ Billion)
Figure 9: North America Electrical Steel Market, By Fully Processed Grain-oriented Steel, 2019-2027 (In $ Billion)
Figure 10: North America Electrical Steel Market, By Semi-processed Grain-oriented Steel, 2019-2027 (In $ Billion)
Figure 11: North America Electrical Steel Market, By Non-grain-oriented Steel, 2019-2027 (In $ Billion)
Figure 12: North America Electrical Steel Market, By Transformers, 2019-2027 (In $ Billion)
Figure 13: North America Electrical Steel Market, By Current Transformers, 2019-2027 (In $ Billion)
Figure 14: North America Electrical Steel Market, By Power Transformers, 2019-2027 (In $ Billion)
Figure 15: North America Electrical Steel Market, By Distribution Transformers, 2019-2027 (In $ Billion)
Figure 16: North America Electrical Steel Market, By Motors, 2019-2027 (In $ Billion)
Figure 17: North America Electrical Steel Market, By Inductors, 2019-2027 (In $ Billion)
Figure 18: North America Electrical Steel Market, By Other Applications, 2019-2027 (In $ Billion)
Figure 19: North America Electrical Steel Market, By Energy, 2019-2027 (In $ Billion)
Figure 20: North America Electrical Steel Market, By Automobiles, 2019-2027 (In $ Billion)
Figure 21: North America Electrical Steel Market, By Manufacturing, 2019-2027 (In $ Billion)
Figure 22: North America Electrical Steel Market, By Household Appliances, 2019-2027 (In $ Billion)
Figure 23: North America Electrical Steel Market, By Other End Users, 2019-2027 (In $ Billion)
Figure 24: Porter’s Five Force Analysis
Figure 25: Key Buying Impact Analysis
Figure 26: Value Chain Analysis
Figure 27: Manufacturing Process Of Electrical Steel
Figure 28: Investment Analysis Of Electrical Steel Market, By Application, In 2018
Figure 29: Investment Analysis Of Electrical Steel Market, By End User, In 2018
Figure 30: North America Electrical Steel Market, Regional Outlook, 2017 & 2026 (In %)
Figure 31: United States Electrical Steel Market, 2019-2027 (In $ Billion)
Figure 32: Historical & Projected Investment Of Power Transmission In Usa For Period 2010-2019 ($ Billion)
Figure 33: Planned Circuit Lines Expected To Be Completed By 2020 Across Usa.
Figure 34: Canada Electrical Steel Market, 2019-2027 (In $ Billion)
Figure 35: Market Share Analysis Of Key Players In 2018 (In %)

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