
Leading Electrical steel Application Markets Databank
Description
Leading Electrical steel Application Markets Databank
The Electrical steel market was valued at $2,250.0 Million in 2020, and is projected to reach $4,820.1 Million by 2029 growing at a CAGR of 8.88% from 2021 to 2029. Transformer segment is expected to be the highest contributor to this market, with $729.3 Million in 2020, and is anticipated to reach $1,574.1 Million by 2029, registering a CAGR of 8.97%. Inductor segment is anticipated to reach $1,116.0 Million by 2029 with the highest CAGR of 9.00%. Transformer and Inductor segments collectively expected to account for about 55.3% share of the Electrical steel market in 2020, with the former constituting around 32.4% share. Inductor and Transformer segments are expected to witness significant growth rates at a CAGR of 9.00% and 8.97% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 55.3% in the overall Electrical steel market in 2020, and is anticipated to reach 55.8% by 2029.
The report provides market intelligence on various market segments and geography, including market size and forecast information. Its primary goals are to deliver a thorough global market intelligence report by providing detailed segmentation, growth rates, market dynamics, industry structure and developments, market situation, and trends. To determine the market size and forecast, we conducted extensive secondary research to gain a comprehensive understanding of the market in each region. In addition, we carried out extensive primary research by conducting interviews with key executives in the industry. These interviews helped us to fill any data gaps identified during the secondary research. We used various secondary sources such as encyclopedias, directories, and databases to gather relevant information for this extensive techno-commercial study. We interviewed selected experts from manufacturers and suppliers to obtain and verify critical information, as well as to assess future prospects. The research team evaluated the reliability of the obtained information before using it. In some cases, a combination of multiple sources was used. Sprout Intelligence conducted an in-depth analysis of the market segmentation, which is a crucial component of our market intelligence reports.
The Electrical steel market was valued at $2,250.0 Million in 2020, and is projected to reach $4,820.1 Million by 2029 growing at a CAGR of 8.88% from 2021 to 2029. Transformer segment is expected to be the highest contributor to this market, with $729.3 Million in 2020, and is anticipated to reach $1,574.1 Million by 2029, registering a CAGR of 8.97%. Inductor segment is anticipated to reach $1,116.0 Million by 2029 with the highest CAGR of 9.00%. Transformer and Inductor segments collectively expected to account for about 55.3% share of the Electrical steel market in 2020, with the former constituting around 32.4% share. Inductor and Transformer segments are expected to witness significant growth rates at a CAGR of 9.00% and 8.97% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 55.3% in the overall Electrical steel market in 2020, and is anticipated to reach 55.8% by 2029.
The report provides market intelligence on various market segments and geography, including market size and forecast information. Its primary goals are to deliver a thorough global market intelligence report by providing detailed segmentation, growth rates, market dynamics, industry structure and developments, market situation, and trends. To determine the market size and forecast, we conducted extensive secondary research to gain a comprehensive understanding of the market in each region. In addition, we carried out extensive primary research by conducting interviews with key executives in the industry. These interviews helped us to fill any data gaps identified during the secondary research. We used various secondary sources such as encyclopedias, directories, and databases to gather relevant information for this extensive techno-commercial study. We interviewed selected experts from manufacturers and suppliers to obtain and verify critical information, as well as to assess future prospects. The research team evaluated the reliability of the obtained information before using it. In some cases, a combination of multiple sources was used. Sprout Intelligence conducted an in-depth analysis of the market segmentation, which is a crucial component of our market intelligence reports.
Table of Contents
80 Pages
- 1. GLOBAL ELECTRICAL STEEL MARKET, BY APPLICATION
- 1.1. OVERVIEW
- 1.2. TRANSFORMER
- 1.2.1 TRANSFORMER MARKET, BY REGION
- 1.2.1.1 North America Transformer Market, By Country
- 1.2.1.2 Europe Transformer Market, By Country
- 1.2.1.3 Asia-Pacific Transformer Market, By Country
- 1.2.1.4 Rest of World Transformer Market, By Country
- 1.3. MOTOR
- 1.3.1 MOTOR MARKET, BY REGION
- 1.3.1.1 North America Motor Market, By Country
- 1.3.1.2 Europe Motor Market, By Country
- 1.3.1.3 Asia-Pacific Motor Market, By Country
- 1.3.1.4 Rest of World Motor Market, By Country
- 1.4. INDUCTOR
- 1.4.1 INDUCTOR MARKET, BY REGION
- 1.4.1.1 North America Inductor Market, By Country
- 1.4.1.2 Europe Inductor Market, By Country
- 1.4.1.3 Asia-Pacific Inductor Market, By Country
- 1.4.1.4 Rest of World Inductor Market, By Country
- 1.5. OTHER APPLICATIONS
- 1.5.1 OTHER APPLICATIONS MARKET, BY REGION
- 1.5.1.1 North America Other Applications Market, By Country
- 1.5.1.2 Europe Other Applications Market, By Country
- 1.5.1.3 Asia-Pacific Other Applications Market, By Country
- 1.5.1.4 Rest of World Other Applications Market, By Country
- TABLE 1. GLOBAL ELECTRICAL STEEL MARKET VALUE, BY APPLICATION, 2020-2029, MILLION USD
- TABLE 2. TRANSFORMER MARKET VALUE, BY REGION, 2020-2029, MILLION USD
- TABLE 3. NORTH AMERICA TRANSFORMER MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 4. EUROPE TRANSFORMER MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 5. ASIA-PACIFIC TRANSFORMER MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 6. REST OF WORLD TRANSFORMER MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 7. MOTOR MARKET VALUE, BY REGION, 2020-2029, MILLION USD
- TABLE 8. NORTH AMERICA MOTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 9. EUROPE MOTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 10. ASIA-PACIFIC MOTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 11. REST OF WORLD MOTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 12. INDUCTOR MARKET VALUE, BY REGION, 2020-2029, MILLION USD
- TABLE 13. NORTH AMERICA INDUCTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 14. EUROPE INDUCTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 15. ASIA-PACIFIC INDUCTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 16. REST OF WORLD INDUCTOR MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 17. OTHER APPLICATIONS MARKET VALUE, BY REGION, 2020-2029, MILLION USD
- TABLE 18. NORTH AMERICA OTHER APPLICATIONS MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 19. EUROPE OTHER APPLICATIONS MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 20. ASIA-PACIFIC OTHER APPLICATIONS MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
- TABLE 21. REST OF WORLD OTHER APPLICATIONS MARKET VALUE, BY COUNTRY, 2020-2029, MILLION USD
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.