Global Grain Oriented Electrical Steel for Transformer Market Growth 2025-2031

The global Grain Oriented Electrical Steel for Transformer market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

United States market for Grain Oriented Electrical Steel for Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Grain Oriented Electrical Steel for Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Grain Oriented Electrical Steel for Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Grain Oriented Electrical Steel for Transformer players cover Baoshan Iron & Steel Co., Ltd., Nippon Steel Corporation, NLMK Group, ThyssenKrupp AG, AK Steel Corporation (Cleveland-Cliffs Inc.), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Grain Oriented Electrical Steel for Transformer Industry Forecast” looks at past sales and reviews total world Grain Oriented Electrical Steel for Transformer sales in 2024, providing a comprehensive analysis by region and market sector of projected Grain Oriented Electrical Steel for Transformer sales for 2025 through 2031. With Grain Oriented Electrical Steel for Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grain Oriented Electrical Steel for Transformer industry.

This Insight Report provides a comprehensive analysis of the global Grain Oriented Electrical Steel for Transformer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grain Oriented Electrical Steel for Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grain Oriented Electrical Steel for Transformer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grain Oriented Electrical Steel for Transformer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grain Oriented Electrical Steel for Transformer.

This report presents a comprehensive overview, market shares, and growth opportunities of Grain Oriented Electrical Steel for Transformer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High Magnetic Strength (HGO)
Conventional (CGO)

Segmentation by Application:
Dry-type Transformer
Oil-immersed Transformer

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grain Oriented Electrical Steel for Transformer market?

What factors are driving Grain Oriented Electrical Steel for Transformer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Grain Oriented Electrical Steel for Transformer market opportunities vary by end market size?

How does Grain Oriented Electrical Steel for Transformer break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver. Show more