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. 麻豆原创 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.
麻豆原创 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.
麻豆原创 segment by Type
Oriented Electrical Steels
Non-Oriented Electrical Steels
麻豆原创 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
麻豆原创 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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 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 麻豆原创 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 麻豆原创 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
2.1 Baowu Group
2.1.1 Baowu Group Details
2.1.2 Baowu Group Major Business
2.1.3 Baowu Group Electrical Steels Product and Services
2.1.4 Baowu Group Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 Baowu Group Recent Developments/Updates
2.2 AK Steel
2.2.1 AK Steel Details
2.2.2 AK Steel Major Business
2.2.3 AK Steel Electrical Steels Product and Services
2.2.4 AK Steel Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 AK Steel Recent Developments/Updates
2.3 Ansteel
2.3.1 Ansteel Details
2.3.2 Ansteel Major Business
2.3.3 Ansteel Electrical Steels Product and Services
2.3.4 Ansteel Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Ansteel Recent Developments/Updates
2.4 ArcelorMittal
2.4.1 ArcelorMittal Details
2.4.2 ArcelorMittal Major Business
2.4.3 ArcelorMittal Electrical Steels Product and Services
2.4.4 ArcelorMittal Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 ArcelorMittal Recent Developments/Updates
2.5 Benxi Iron & Steel (Group)
2.5.1 Benxi Iron & Steel (Group) Details
2.5.2 Benxi Iron & Steel (Group) Major Business
2.5.3 Benxi Iron & Steel (Group) Electrical Steels Product and Services
2.5.4 Benxi Iron & Steel (Group) Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 Benxi Iron & Steel (Group) Recent Developments/Updates
2.6 CSC
2.6.1 CSC Details
2.6.2 CSC Major Business
2.6.3 CSC Electrical Steels Product and Services
2.6.4 CSC Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 CSC Recent Developments/Updates
2.7 JFE Steel
2.7.1 JFE Steel Details
2.7.2 JFE Steel Major Business
2.7.3 JFE Steel Electrical Steels Product and Services
2.7.4 JFE Steel Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 JFE Steel Recent Developments/Updates
2.8 Nippon Steel Corporation
2.8.1 Nippon Steel Corporation Details
2.8.2 Nippon Steel Corporation Major Business
2.8.3 Nippon Steel Corporation Electrical Steels Product and Services
2.8.4 Nippon Steel Corporation Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 Nippon Steel Corporation Recent Developments/Updates
2.9 NLMK Group
2.9.1 NLMK Group Details
2.9.2 NLMK Group Major Business
2.9.3 NLMK Group Electrical Steels Product and Services
2.9.4 NLMK Group Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 NLMK Group Recent Developments/Updates
2.10 Posco
2.10.1 Posco Details
2.10.2 Posco Major Business
2.10.3 Posco Electrical Steels Product and Services
2.10.4 Posco Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.10.5 Posco Recent Developments/Updates
2.11 Shougang Group
2.11.1 Shougang Group Details
2.11.2 Shougang Group Major Business
2.11.3 Shougang Group Electrical Steels Product and Services
2.11.4 Shougang Group Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.11.5 Shougang Group Recent Developments/Updates
2.12 Stalprodukt S.A.
2.12.1 Stalprodukt S.A. Details
2.12.2 Stalprodukt S.A. Major Business
2.12.3 Stalprodukt S.A. Electrical Steels Product and Services
2.12.4 Stalprodukt S.A. Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.12.5 Stalprodukt S.A. Recent Developments/Updates
2.13 TATA Steel
2.13.1 TATA Steel Details
2.13.2 TATA Steel Major Business
2.13.3 TATA Steel Electrical Steels Product and Services
2.13.4 TATA Steel Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.13.5 TATA Steel Recent Developments/Updates
2.14 ThyssenKrupp
2.14.1 ThyssenKrupp Details
2.14.2 ThyssenKrupp Major Business
2.14.3 ThyssenKrupp Electrical Steels Product and Services
2.14.4 ThyssenKrupp Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.14.5 ThyssenKrupp Recent Developments/Updates
2.15 TISCO
2.15.1 TISCO Details
2.15.2 TISCO Major Business
2.15.3 TISCO Electrical Steels Product and Services
2.15.4 TISCO Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.15.5 TISCO Recent Developments/Updates
2.16 Voestalpine
2.16.1 Voestalpine Details
2.16.2 Voestalpine Major Business
2.16.3 Voestalpine Electrical Steels Product and Services
2.16.4 Voestalpine Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.16.5 Voestalpine Recent Developments/Updates
2.17 Masteel
2.17.1 Masteel Details
2.17.2 Masteel Major Business
2.17.3 Masteel Electrical Steels Product and Services
2.17.4 Masteel Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.17.5 Masteel Recent Developments/Updates
2.18 APERAM
2.18.1 APERAM Details
2.18.2 APERAM Major Business
2.18.3 APERAM Electrical Steels Product and Services
2.18.4 APERAM Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.18.5 APERAM Recent Developments/Updates
2.19 Nucor
2.19.1 Nucor Details
2.19.2 Nucor Major Business
2.19.3 Nucor Electrical Steels Product and Services
2.19.4 Nucor Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.19.5 Nucor Recent Developments/Updates
2.20 ATI Metals
2.20.1 ATI Metals Details
2.20.2 ATI Metals Major Business
2.20.3 ATI Metals Electrical Steels Product and Services
2.20.4 ATI Metals Electrical Steels Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.20.5 ATI Metals Recent Developments/Updates
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 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of Electrical Steels by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 Electrical Steels Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 Electrical Steels Manufacturer 麻豆原创 Share in 2024
3.5 Electrical Steels 麻豆原创: Overall Company Footprint Analysis
3.5.1 Electrical Steels 麻豆原创: Region Footprint
3.5.2 Electrical Steels 麻豆原创: Company Product Type Footprint
3.5.3 Electrical Steels 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Electrical Steels 麻豆原创 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 麻豆原创 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 麻豆原创 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 麻豆原创 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 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 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 麻豆原创 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 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 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 麻豆原创 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 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 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 麻豆原创 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 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 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 麻豆原创 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 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 Electrical Steels 麻豆原创 Drivers
12.2 Electrical Steels 麻豆原创 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
16.3 Disclaimer
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
听
听
*If Applicable.
