Electrical Steel Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Non Grain-Oriented Steel, Grain-Oriented Steel); Application (Transformers, Motors, Inductors, Others); End-Use Industry (Energy, Automobiles, Manufacturing, Household Appliances, Others) and Geography

Report Code: TIPRE00009456 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming

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MARKET INTRODUCTION

Electrical steel known as silicon steel is a soft magnetic material which finds its uses in electrical power transformers, generators, inductors, motors, etc. The silicon content in electrical steels increases its electrical resistivity and therefore reduces eddy current losses. The addition of silicon in soft iron also leads to a drop in coercivity and an increase in resistivity. It is usually manufactured in the form of cold-rolled strips of thickness lesser than 2mm.

MARKET DYNAMICS

Electrical steel plays a crucial role in the generation, transmission, distribution, and consumption of electricity as strips of electrical steels are used to form laminated cores in the transformers. They are also used in the rotor and stators of electric motors. The growing consumption of electric motors in industrial and residential applications is anticipated to generate sustainable demand for electrical steel used in these motors to generate strong magnetic flux. The transition of the automotive sector towards clean mobility has led to an increase in the demand for electric vehicles. The growing sales figure for electric and hybrid electric vehicles are expected to fuel the demand for electric motors and subsequently lead to greater consumption of electrical steel in the forecast period. The increasing reliance on renewable energy generated from solar, wind, and hybrid power plants is also projected to necessitate the consumption of power transmission and distribution equipment and consequently fuel the demand for electrical steel.

MARKET SCOPE

The "Global Electrical Steel Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electrical steel market with detailed market segmentation by type, application, end-use industry, and geography. The global electrical steel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electrical steel market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global electrical steel market is segmented on the basis of type, application, and end-use industry. On the basis of type, the electrical steel market is segmented into, non grain-oriented steel and grain-oriented steel. On the basis of application, the market is bifurcated into, transformers, motors, inductors, and others. Based on end-use industry, the global electrical steel market is segmented into, energy, automobiles, manufacturing, household appliances, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electrical steel market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electrical steel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the electrical steel market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the electrical steel market in these regions.



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MARKET PLAYERS


The reports cover key developments in the electrical steel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from electrical steel market are anticipated to lucrative growth opportunities in the future with the rising demand for electrical steel in the global market. Below mentioned is the list of few companies engaged in the electrical steel market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electrical steel market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- AK Steel Corporation
- ArcelorMittal S.A
- Baosteel Group Corporation
- Cogent Power Limited
- JFE Steel Corporation
- Nippon Steel & Sumitomo Metal Corporation
- Novolipetsk Steel
- POSCO
- ThyssenKrupp AG
- Voestalpine AG

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electrical Steel Market - By Type
1.3.2 Electrical Steel Market - By Application
1.3.3 Electrical Steel Market - By End-Use Industry
1.3.4 Electrical Steel Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ELECTRICAL STEEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. ELECTRICAL STEEL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. ELECTRICAL STEEL MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRICAL STEEL - GLOBAL MARKET OVERVIEW
6.2. ELECTRICAL STEEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ELECTRICAL STEEL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. NON GRAIN-ORIENTED STEEL
7.3.1. Overview
7.3.2. Non Grain-Oriented Steel Market Forecast and Analysis
7.4. GRAIN-ORIENTED STEEL
7.4.1. Overview
7.4.2. Grain-Oriented Steel Market Forecast and Analysis
8. ELECTRICAL STEEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRANSFORMERS
8.3.1. Overview
8.3.2. Transformers Market Forecast and Analysis
8.4. MOTORS
8.4.1. Overview
8.4.2. Motors Market Forecast and Analysis
8.5. INDUCTORS
8.5.1. Overview
8.5.2. Inductors Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ELECTRICAL STEEL MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. ENERGY
9.3.1. Overview
9.3.2. Energy Market Forecast and Analysis
9.4. AUTOMOBILES
9.4.1. Overview
9.4.2. Automobiles Market Forecast and Analysis
9.5. MANUFACTURING
9.5.1. Overview
9.5.2. Manufacturing Market Forecast and Analysis
9.6. HOUSEHOLD APPLIANCES
9.6.1. Overview
9.6.2. Household Appliances Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis

10. ELECTRICAL STEEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Electrical Steel Market Overview
10.1.2 North America Electrical Steel Market Forecasts and Analysis
10.1.3 North America Electrical Steel Market Forecasts and Analysis - By Type
10.1.4 North America Electrical Steel Market Forecasts and Analysis - By Application
10.1.5 North America Electrical Steel Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Electrical Steel Market Forecasts and Analysis - By Countries
10.1.6.1 United States Electrical Steel Market
10.1.6.1.1 United States Electrical Steel Market by Type
10.1.6.1.2 United States Electrical Steel Market by Application
10.1.6.1.3 United States Electrical Steel Market by End-Use Industry
10.1.6.2 Canada Electrical Steel Market
10.1.6.2.1 Canada Electrical Steel Market by Type
10.1.6.2.2 Canada Electrical Steel Market by Application
10.1.6.2.3 Canada Electrical Steel Market by End-Use Industry
10.1.6.3 Mexico Electrical Steel Market
10.1.6.3.1 Mexico Electrical Steel Market by Type
10.1.6.3.2 Mexico Electrical Steel Market by Application
10.1.6.3.3 Mexico Electrical Steel Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Electrical Steel Market Overview
10.2.2 Europe Electrical Steel Market Forecasts and Analysis
10.2.3 Europe Electrical Steel Market Forecasts and Analysis - By Type
10.2.4 Europe Electrical Steel Market Forecasts and Analysis - By Application
10.2.5 Europe Electrical Steel Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Electrical Steel Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Electrical Steel Market
10.2.6.1.1 Germany Electrical Steel Market by Type
10.2.6.1.2 Germany Electrical Steel Market by Application
10.2.6.1.3 Germany Electrical Steel Market by End-Use Industry
10.2.6.2 France Electrical Steel Market
10.2.6.2.1 France Electrical Steel Market by Type
10.2.6.2.2 France Electrical Steel Market by Application
10.2.6.2.3 France Electrical Steel Market by End-Use Industry
10.2.6.3 Italy Electrical Steel Market
10.2.6.3.1 Italy Electrical Steel Market by Type
10.2.6.3.2 Italy Electrical Steel Market by Application
10.2.6.3.3 Italy Electrical Steel Market by End-Use Industry
10.2.6.4 United Kingdom Electrical Steel Market
10.2.6.4.1 United Kingdom Electrical Steel Market by Type
10.2.6.4.2 United Kingdom Electrical Steel Market by Application
10.2.6.4.3 United Kingdom Electrical Steel Market by End-Use Industry
10.2.6.5 Russia Electrical Steel Market
10.2.6.5.1 Russia Electrical Steel Market by Type
10.2.6.5.2 Russia Electrical Steel Market by Application
10.2.6.5.3 Russia Electrical Steel Market by End-Use Industry
10.2.6.6 Rest of Europe Electrical Steel Market
10.2.6.6.1 Rest of Europe Electrical Steel Market by Type
10.2.6.6.2 Rest of Europe Electrical Steel Market by Application
10.2.6.6.3 Rest of Europe Electrical Steel Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Electrical Steel Market Overview
10.3.2 Asia-Pacific Electrical Steel Market Forecasts and Analysis
10.3.3 Asia-Pacific Electrical Steel Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Electrical Steel Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Electrical Steel Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Electrical Steel Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Electrical Steel Market
10.3.6.1.1 Australia Electrical Steel Market by Type
10.3.6.1.2 Australia Electrical Steel Market by Application
10.3.6.1.3 Australia Electrical Steel Market by End-Use Industry
10.3.6.2 China Electrical Steel Market
10.3.6.2.1 China Electrical Steel Market by Type
10.3.6.2.2 China Electrical Steel Market by Application
10.3.6.2.3 China Electrical Steel Market by End-Use Industry
10.3.6.3 India Electrical Steel Market
10.3.6.3.1 India Electrical Steel Market by Type
10.3.6.3.2 India Electrical Steel Market by Application
10.3.6.3.3 India Electrical Steel Market by End-Use Industry
10.3.6.4 Japan Electrical Steel Market
10.3.6.4.1 Japan Electrical Steel Market by Type
10.3.6.4.2 Japan Electrical Steel Market by Application
10.3.6.4.3 Japan Electrical Steel Market by End-Use Industry
10.3.6.5 South Korea Electrical Steel Market
10.3.6.5.1 South Korea Electrical Steel Market by Type
10.3.6.5.2 South Korea Electrical Steel Market by Application
10.3.6.5.3 South Korea Electrical Steel Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Electrical Steel Market
10.3.6.6.1 Rest of Asia-Pacific Electrical Steel Market by Type
10.3.6.6.2 Rest of Asia-Pacific Electrical Steel Market by Application
10.3.6.6.3 Rest of Asia-Pacific Electrical Steel Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Electrical Steel Market Overview
10.4.2 Middle East and Africa Electrical Steel Market Forecasts and Analysis
10.4.3 Middle East and Africa Electrical Steel Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Electrical Steel Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Electrical Steel Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Electrical Steel Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Electrical Steel Market
10.4.6.1.1 South Africa Electrical Steel Market by Type
10.4.6.1.2 South Africa Electrical Steel Market by Application
10.4.6.1.3 South Africa Electrical Steel Market by End-Use Industry
10.4.6.2 Saudi Arabia Electrical Steel Market
10.4.6.2.1 Saudi Arabia Electrical Steel Market by Type
10.4.6.2.2 Saudi Arabia Electrical Steel Market by Application
10.4.6.2.3 Saudi Arabia Electrical Steel Market by End-Use Industry
10.4.6.3 U.A.E Electrical Steel Market
10.4.6.3.1 U.A.E Electrical Steel Market by Type
10.4.6.3.2 U.A.E Electrical Steel Market by Application
10.4.6.3.3 U.A.E Electrical Steel Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Electrical Steel Market
10.4.6.4.1 Rest of Middle East and Africa Electrical Steel Market by Type
10.4.6.4.2 Rest of Middle East and Africa Electrical Steel Market by Application
10.4.6.4.3 Rest of Middle East and Africa Electrical Steel Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Electrical Steel Market Overview
10.5.2 South and Central America Electrical Steel Market Forecasts and Analysis
10.5.3 South and Central America Electrical Steel Market Forecasts and Analysis - By Type
10.5.4 South and Central America Electrical Steel Market Forecasts and Analysis - By Application
10.5.5 South and Central America Electrical Steel Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Electrical Steel Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Electrical Steel Market
10.5.6.1.1 Brazil Electrical Steel Market by Type
10.5.6.1.2 Brazil Electrical Steel Market by Application
10.5.6.1.3 Brazil Electrical Steel Market by End-Use Industry
10.5.6.2 Argentina Electrical Steel Market
10.5.6.2.1 Argentina Electrical Steel Market by Type
10.5.6.2.2 Argentina Electrical Steel Market by Application
10.5.6.2.3 Argentina Electrical Steel Market by End-Use Industry
10.5.6.3 Rest of South and Central America Electrical Steel Market
10.5.6.3.1 Rest of South and Central America Electrical Steel Market by Type
10.5.6.3.2 Rest of South and Central America Electrical Steel Market by Application
10.5.6.3.3 Rest of South and Central America Electrical Steel Market by End-Use Industry

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. ELECTRICAL STEEL MARKET, KEY COMPANY PROFILES
12.1. AK STEEL CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ARCELORMITTAL S.A
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BAOSTEEL GROUP CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. COGENT POWER LIMITED
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. JFE STEEL CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NIPPON STEEL AND SUMITOMO METAL CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NOVOLIPETSK STEEL
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. POSCO
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. THYSSENKRUPP AG
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. VOESTALPINE AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. AK Steel Corporation
2. ArcelorMittal S.A
3. Baosteel Group Corporation
4. Cogent Power Limited
5. JFE Steel Corporation
6. Nippon Steel and Sumitomo Metal Corporation
7. Novolipetsk Steel
8. POSCO
9. ThyssenKrupp AG
10. Voestalpine AG
TIPRE00009456
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