Electrical Steels Market Report – Research, Industry Analysis Reports and Market Demands

Global Electrical Steels Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Electrical Steels Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Oriented Electrical Steels
- 1.3.3 Non-Oriented Electrical Steels
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Electrical Steels Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Transformer
- 1.4.3 Power Generator
- 1.4.4 Electric Motor
- 1.4.5 Others
1.5 Global Electrical Steels Market Size & Forecast
- 1.5.1 Global Electrical Steels Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Electrical Steels Sales Quantity (2020-2031)
- 1.5.3 Global Electrical Steels Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Electrical Steels by Manufacturer

3.1 Global Electrical Steels Sales Quantity by Manufacturer (2020-2025)
3.2 Global Electrical Steels Revenue by Manufacturer (2020-2025)
3.3 Global Electrical Steels Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Electrical Steels by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Electrical Steels Manufacturer Market Share in 2024
- 3.4.3 Top 6 Electrical Steels Manufacturer Market Share in 2024
3.5 Electrical Steels Market: Overall Company Footprint Analysis
- 3.5.1 Electrical Steels Market: Region Footprint
- 3.5.2 Electrical Steels Market: Company Product Type Footprint
- 3.5.3 Electrical Steels Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Electrical Steels Market Size by Region
- 4.1.1 Global Electrical Steels Sales Quantity by Region (2020-2031)
- 4.1.2 Global Electrical Steels Consumption Value by Region (2020-2031)
- 4.1.3 Global Electrical Steels Average Price by Region (2020-2031)
4.2 North America Electrical Steels Consumption Value (2020-2031)
4.3 Europe Electrical Steels Consumption Value (2020-2031)
4.4 Asia-Pacific Electrical Steels Consumption Value (2020-2031)
4.5 South America Electrical Steels Consumption Value (2020-2031)
4.6 Middle East & Africa Electrical Steels Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Electrical Steels Sales Quantity by Type (2020-2031)
5.2 Global Electrical Steels Consumption Value by Type (2020-2031)
5.3 Global Electrical Steels Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Electrical Steels Sales Quantity by Application (2020-2031)
6.2 Global Electrical Steels Consumption Value by Application (2020-2031)
6.3 Global Electrical Steels Average Price by Application (2020-2031)

7 North America

7.1 North America Electrical Steels Sales Quantity by Type (2020-2031)
7.2 North America Electrical Steels Sales Quantity by Application (2020-2031)
7.3 North America Electrical Steels Market Size by Country
- 7.3.1 North America Electrical Steels Sales Quantity by Country (2020-2031)
- 7.3.2 North America Electrical Steels Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Electrical Steels Sales Quantity by Type (2020-2031)
8.2 Europe Electrical Steels Sales Quantity by Application (2020-2031)
8.3 Europe Electrical Steels Market Size by Country
- 8.3.1 Europe Electrical Steels Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Electrical Steels Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Electrical Steels Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Electrical Steels Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Electrical Steels Market Size by Region
- 9.3.1 Asia-Pacific Electrical Steels Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Electrical Steels Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Electrical Steels Sales Quantity by Type (2020-2031)
10.2 South America Electrical Steels Sales Quantity by Application (2020-2031)
10.3 South America Electrical Steels Market Size by Country
- 10.3.1 South America Electrical Steels Sales Quantity by Country (2020-2031)
- 10.3.2 South America Electrical Steels Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Electrical Steels Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Electrical Steels Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Electrical Steels Market Size by Country
- 11.3.1 Middle East & Africa Electrical Steels Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Electrical Steels Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Electrical Steels Market Drivers
12.2 Electrical Steels Market Restraints
12.3 Electrical Steels Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Electrical Steels and Key Manufacturers
13.2 Manufacturing Costs Percentage of Electrical Steels
13.3 Electrical Steels Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Electrical Steels Typical Distributors
14.3 Electrical Steels Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Electrical Steels market size was valued at US$ 28070 million in 2024 and is forecast to a readjusted size of USD 32520 million by 2031 with a CAGR of 2.1% during review period.
Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel sheet: grain-oriented electrical steel sheet and non-oriented electrical steel sheet, and they are used for different applications. In this report we researched the two types of steel sheet respectively. Market competition is JFE Steel, NLMK Group, Posco, NSSMC, ThyssenKrupp, AK Steel, Nucor, Voestalpine, TATA Steel, ArcelorMittal, CSC, WISCO, Baosteel, Ansteel, Shougang, Benxi Steel, TISCO, Masteel, Stalprodukt S.A., ATI, are the leaders of the industry, and they hold key technologies and patents, with high-end customers.
The global electrical Steel market is dominated by Baowu, ArcelorMittal, JFE Steel, Shougang, NSMC, NLMK Group, etc. The top six manufacturers account for about 55% of the market share.
China is the largest market for electrical steel with a market share of about 50%, followed by Europe with a market share of about 20%.
This report is a detailed and comprehensive analysis for global Electrical Steels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electrical Steels market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Electrical Steels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Electrical Steels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Electrical Steels market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electrical Steels
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electrical Steels market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baowu Group, AK Steel, Ansteel, ArcelorMittal, Benxi Iron & Steel (Group), CSC, JFE Steel, Nippon Steel Corporation, NLMK Group, Posco, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electrical Steels market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Oriented Electrical Steels
Non-Oriented Electrical Steels
Market segment by Application
Transformer
Power Generator
Electric Motor
Others
Major players covered
Baowu Group
AK Steel
Ansteel
ArcelorMittal
Benxi Iron & Steel (Group)
CSC
JFE Steel
Nippon Steel Corporation
NLMK Group
Posco
Shougang Group
Stalprodukt S.A.
TATA Steel
ThyssenKrupp
TISCO
Voestalpine
Masteel
APERAM
Nucor
ATI Metals
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electrical Steels product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electrical Steels, with price, sales quantity, revenue, and global market share of Electrical Steels from 2020 to 2025.
Chapter 3, the Electrical Steels competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electrical Steels breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electrical Steels market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electrical Steels.
Chapter 14 and 15, to describe Electrical Steels sales channel, distributors, customers, research findings and conclusion.

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