Report overview
Electrical steel (lamination steel, silicon electrical steel, silicon steel, relay steel, transformer steel) is a special steel tailored to produce specific magnetic properties: small hysteresis area resulting in low power loss per cycle, low core loss, and high permeability.
This report aims to provide a comprehensive presentation of the global market for Electric Magnetic Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Magnetic Steel. This report contains market size and forecasts of Electric Magnetic Steel in global, including the following market information:
Global Electric Magnetic Steel Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Electric Magnetic Steel Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Electric Magnetic Steel companies in 2022 (%)
The global Electric Magnetic Steel market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The surge in electricity demand due to the rapidly increasing urban population across the world acts as one of the key factors driving the electrical steel market. Electrical steel also finds its application in the manufacturing of motors and hence, the adoption and acceptance of electric vehicles is also a major market driver.
We surveyed the Electric Magnetic Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Magnetic Steel Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Electric Magnetic Steel Market Segment Percentages, by Type, 2022 (%)
Directional Electromagnetic Steel
Non-Directional Electromagnetic Steel
Global Electric Magnetic Steel Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Electric Magnetic Steel Market Segment Percentages, by Application, 2022 (%)
Energy
Car
Manufacturing
Electrical Appliances Product
Other
Global Electric Magnetic Steel Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Electric Magnetic Steel Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Magnetic Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Magnetic Steel revenues share in global market, 2022 (%)
Key companies Electric Magnetic Steel sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Electric Magnetic Steel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arcelormittal
Arnold Magnetic Technologies
Baosteel Group
Orchid International
Posco
Sko-Die
Thyssenkrupp
Union States Steel
United States Steel
Voestalpine
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Magnetic Steel, market overview.
Chapter 2: Global Electric Magnetic Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Magnetic Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electric Magnetic Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electric Magnetic Steel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
