Global Non-oriented Silicon Steel for New Energy Vehicle Market Growth 2026-2032
Description
The global Non-oriented Silicon Steel for New Energy Vehicle market size is predicted to grow from US$ 3150 million in 2025 to US$ 6552 million in 2032; it is expected to grow at a CAGR of 11.2% from 2026 to 2032.
Non-oriented 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 new energy vehicles (NEVs). The use of non-oriented silicon steel enhances the efficiency and performance of electric drivetrains, a critical aspect of NEV technology.
The global transition from internal combustion engine (ICE) vehicles to electric vehicles is a major driver for NGO silicon steel. As NEV sales rise, the demand for efficient electric motors, which rely on high-performance materials like NGO silicon 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 NEVs accelerates globally, the demand for NGO silicon steel is growing. Emerging markets, especially in Asia, are seeing an increase in NEV 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 silicon 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 NEVs is reducing core losses, as these directly affect motor efficiency and driving range. As a result, manufacturers are focusing on using thinner NGO silicon steel, which helps minimize eddy current losses (energy wasted as heat).
LP Information, Inc. (LPI) ' newest research report, the “Non-oriented Silicon Steel for New Energy Vehicle Industry Forecast” looks at past sales and reviews total world Non-oriented Silicon Steel for New Energy Vehicle sales in 2025, providing a comprehensive analysis by region and market sector of projected Non-oriented Silicon Steel for New Energy Vehicle sales for 2026 through 2032. With Non-oriented Silicon Steel for New Energy Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-oriented Silicon Steel for New Energy Vehicle industry.
This Insight Report provides a comprehensive analysis of the global Non-oriented Silicon Steel for New Energy Vehicle 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 Non-oriented Silicon Steel for New Energy Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-oriented Silicon Steel for New Energy Vehicle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-oriented Silicon Steel for New Energy Vehicle 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 Non-oriented Silicon Steel for New Energy Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Non-oriented Silicon Steel for New Energy Vehicle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Thickness < 0.3 mm
Thickness > 0.3 mm
Segmentation by Application:
BEV
PHEV
HEV
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.
Baowu
Shougang Group
TISCO
Nippon Steel
ThyssenKrupp
Posco
Voestalpine
JFE Steel
CSC
Cleveland-Cliffs
ArcelorMittal
Key Questions Addressed in this Report
What is the 10-year outlook for the global Non-oriented Silicon Steel for New Energy Vehicle market?
What factors are driving Non-oriented Silicon Steel for New Energy Vehicle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Non-oriented Silicon Steel for New Energy Vehicle market opportunities vary by end market size?
How does Non-oriented Silicon Steel for New Energy Vehicle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Non-oriented 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 new energy vehicles (NEVs). The use of non-oriented silicon steel enhances the efficiency and performance of electric drivetrains, a critical aspect of NEV technology.
The global transition from internal combustion engine (ICE) vehicles to electric vehicles is a major driver for NGO silicon steel. As NEV sales rise, the demand for efficient electric motors, which rely on high-performance materials like NGO silicon 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 NEVs accelerates globally, the demand for NGO silicon steel is growing. Emerging markets, especially in Asia, are seeing an increase in NEV 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 silicon 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 NEVs is reducing core losses, as these directly affect motor efficiency and driving range. As a result, manufacturers are focusing on using thinner NGO silicon steel, which helps minimize eddy current losses (energy wasted as heat).
LP Information, Inc. (LPI) ' newest research report, the “Non-oriented Silicon Steel for New Energy Vehicle Industry Forecast” looks at past sales and reviews total world Non-oriented Silicon Steel for New Energy Vehicle sales in 2025, providing a comprehensive analysis by region and market sector of projected Non-oriented Silicon Steel for New Energy Vehicle sales for 2026 through 2032. With Non-oriented Silicon Steel for New Energy Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-oriented Silicon Steel for New Energy Vehicle industry.
This Insight Report provides a comprehensive analysis of the global Non-oriented Silicon Steel for New Energy Vehicle 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 Non-oriented Silicon Steel for New Energy Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-oriented Silicon Steel for New Energy Vehicle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-oriented Silicon Steel for New Energy Vehicle 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 Non-oriented Silicon Steel for New Energy Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Non-oriented Silicon Steel for New Energy Vehicle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Thickness < 0.3 mm
Thickness > 0.3 mm
Segmentation by Application:
BEV
PHEV
HEV
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.
Baowu
Shougang Group
TISCO
Nippon Steel
ThyssenKrupp
Posco
Voestalpine
JFE Steel
CSC
Cleveland-Cliffs
ArcelorMittal
Key Questions Addressed in this Report
What is the 10-year outlook for the global Non-oriented Silicon Steel for New Energy Vehicle market?
What factors are driving Non-oriented Silicon Steel for New Energy Vehicle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Non-oriented Silicon Steel for New Energy Vehicle market opportunities vary by end market size?
How does Non-oriented Silicon Steel for New Energy Vehicle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
119 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Non-oriented Silicon Steel for New Energy Vehicle by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Non-oriented Silicon Steel for New Energy Vehicle by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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