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Electrical Steel Market: Trends, Forecast and Competitive Analysis
Lucintel

Trends, opportunities and forecast in electrical steel market to 2025 by type (grain oriented and non-grain orineted), application (transformers, motors, and inductors), end use industry (energy, automotive, manufacturing, and household appliances), and region (North America, Europe, Asia Pacific, and Rest of the World)

Publisher: Lucintel

Publication date: In Progress. Get it in 2 to 4 weeks by ordering today.

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The future of the global electrical steel market looks promising with opportunities in the transformer, motor, and inductor industries. The global electrical steel market is expected to grow with a CAGR of 7%-9% from 2020 to 2025. The major drivers for this market are high consumption rate of electrical steel in transformers and motors and steel is a good conductor of electricity.

A total of XX figures / charts and XX tables are provided in this more than 150-pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global electrical steel market report, please download the report brochure.

In this market, transformers is the largest application of electrical steel, whereas energy is the largest end use industry. Growth in various segments of the electrical steel market are given below: