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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:


 
 



The study includes trends and forecast for the global electrical steel  market by type, application, end-use industry, and region as follows:

By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Grain Oriented
  • Non-Grain Orineted
 
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Transformers
  • Motors
  • Inductors

By End-Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]: 
  • Energy
  • Automotive
  • Manufacturing
  • Household Appliances

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
  • North America
    • United States
    • Canada 
    • Mexico
  • Europe
    • United Kingdom
    • Spain
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • The Rest of the World
    • Brazil

Some of the electrical steel companies profiled in this report include ArcelorMittal, POSCO, Voestalpine, Baosteel, and Nippon Steel & Sumitomo Metal.
Lucintel forecasts that transformers will remain the largest segment over the forecast period as there is a growing energy consumption across the globe.

Within this market, energy will remain the largest segment by end-use industry over the forecast period due to the growth of economies across the globe, which is directly linked to the growth of the power sector.

Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the presence of various global steelmakers such as ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation, Tata Steel, and POSCO Steel in the region, availability of labor and raw materials at low-cost, rapidly increasing population and urbanization.




 
Features of the Global Electrical Steel  Market
 
  • Market Size Estimates: Global electrical steel market size estimation in terms of value ($M) shipment.
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
  • Segmentation Analysis: Global electrical steel market size by various segments, such as type, application, and end-use industry in terms of value.
  • Regional Analysis: Global electrical steel market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, application, end-use industry, and region for the global electrical steel market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global electrical steel market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.




 
This report answers following key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global electrical steel market by type (grain oriented and non-grain orineted), application (transformers, motors, and inductors), end-use industry (energy, automotive, manufacturing, and household appliances), and regon (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global electrical steel  market?
Q.5 What are the business risks and threats to the global electrical steel market?
Q.6 What are emerging trends in this electrical steel  market and the reasons behind them?
Q.7 What are some changing demands of customers in this electrical steel market?
Q.8 What are the new developments in this electrical steel market? Which companies are leading these developments?
Q.9 Who are the major players in this electrical steel market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this electrical steel market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global electrical steel market?

 


Report Scope


Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates)
2014-2019
Forecast Period 2020-2025
Pages More than 150
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments Type (Grain Oriented and Non-Grain Orineted), Application (Transformers, Motors, and Inductors), and End-Use Industry (Energy, Automotive, Manufacturing, and Household Appliances)

Regional Scope

North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)

Customization 10% Customization without Any Additional Cost

Table of Contents


1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends and Forecast
3.2: Global Electrical Steel Market Trends and Forecast
3.3: Global Electrical Steel Market by Type
3.3.1: Grain Oriented 
3.3.2: Non-Grain Orineted 
3.4: Global Electrical Steel Market by Application
3.4.1: Transformers 
3.4.2: Motors 
3.4.3: Inductors 
3.5: Global Electrical Steel Market by End-Use Industry
3.5.1: Energy 
3.5.2: Automotive 
3.5.3: Manufacturing 
3.5.4: Household Appliances 

4. Market Trends and Forecast Analysis by Region
4.1: Global Electrical Steel Market by Region
4.2: North American Electrical Steel Market
4.2.1: Market by Type: Grain Oriented and Non-Grain Orineted 
4.2.2: Market by Application: Transformers, Motors, and Inductors 
4.2.3: Market by End-Use Industry: Energy, Automotive, Manufacturing, and Household Appliances 
4.2.4: The United States Electrical Steel  Market
4.2.5: The Canadian Electrical Steel  Market
4.2.6: The Mexican Electrical Steel  Market
4.3: European Electrical Steel  Market
4.3.1: Market by Type: Grain Oriented and Non-Grain Orineted 
4.3.2: Market by Application: Transformers, Motors, and Inductors 
4.3.3: Market by End-Use Industry: Energy, Automotive, Manufacturing, and Household Appliances 
4.3.4: The United Kingdom Electrical Steel Market
4.3.5: The Spanish Electrical Steel Market
4.3.6: The German Electrical Steel Market
4.3.7: The French Electrical Steel Market
4.4: APAC Electrical Steel Market
4.4.1: Market by Type: Grain Oriented and Non-Grain Orineted 
4.4.2: Market by Application: Transformers, Motors, and Inductors 
4.4.3: Market by End-Use Industry: Energy, Automotive, Manufacturing, and Household Appliances 
4.4.4: The Chinese Electrical Steel Market
4.4.5: The Indian Electrical Steel Market
4.4.6: The Japanese Electrical Steel Market
4.5: ROW Electrical Steel Market
4.5.1: Market by Type: Grain Oriented and Non-Grain Orineted 
4.5.2: Market by Application: Transformers, Motors, and Inductors 
4.5.3: Market by End-Use Industry: Energy, Automotive, Manufacturing, and Household Appliances 
4.5.4: Brazilian Electrical Steel Market

5. Competitor Analysis
5.1: Market Share Analysis
5.2: Product Portfolio Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Electrical Steel Market by Type
7.1.2: Growth Opportunities for the Global Electrical Steel Market by Application
7.1.3: Growth Opportunities for the Global Electrical Steel Market by End-Use Industry
7.1.4: Growth Opportunities for the Global Electrical Steel Market by Region
7.2: Emerging Trends in the Global Electrical Steel Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Electrical Steel Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electrical Steel Market
7.3.4: Certification and Licensing

8. Company Profiles of Leading Players
8.1: ArcelorMittal  
8.2: POSCO 
8.3: Voestalpine 
8.4: Baosteel
8.5: Nippon Steel & Sumitomo Metal  
8.6: Company 6
8.7: Company 7
8.8: Company 8
8.9: Company 9
8.10: Company 10
 
.

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Full Report: Electrical Steel Market: Trends, Forecast and Competitive Analysis Full Report $ 4,850
150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
 

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