Industry Research Reports
Global Electrical Steels Market Research Report 2025
Industry: Electronics & Semiconductor
Published Date: 2025-01-16
Pages: 109 Pages
Report ld: 3472518
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- Table of Contents
- Table of Figures
- Related Reports
- PDF Download
Electrical Steels Market Size(US$)
CAGR 2025-2031
2.2%
Market Size,2031
USD 31,700
Million
Market Snapshot
Market Size in 2025 (Value)
US$ 27,820 million
Market Forecast in 2031(Value)
US$ 31,700 million
CAGR
2.2%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Electrical Steels was valued at US$ 27280 million in the year 2024 and is projected to reach a revised size of US$ 31700 million by 2031, growing at a CAGR of 2.2% during the forecast 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%.
MARKET SEGMENTATION
By Company
- 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
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Oriented Electrical Steels
- Non-Oriented Electrical Steels
Segment by Application
- Transformer
- Power Generator
- Electric Motor
- Others
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Electrical Steels, 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 Electrical Steels.
The Electrical Steels market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electrical Steels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Steels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electrical Steels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electrical Steels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electrical Steels 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Electrical Steels Market Overview
1.1 Product Definition
1.2 Electrical Steels by Type
1.2.1 Global Electrical Steels Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Oriented Electrical Steels
1.2.3 Non-Oriented Electrical Steels
1.3 Electrical Steels by Application
1.3.1 Global Electrical Steels Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Transformer
1.3.3 Power Generator
1.3.4 Electric Motor
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Electrical Steels Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Electrical Steels Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Electrical Steels Production Estimates and Forecasts (2020-2031)
1.4.4 Global Electrical Steels Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electrical Steels Production Market Share by Manufacturers (2020-2025)
2.2 Global Electrical Steels Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Electrical Steels, Industry Ranking, 2023 VS 2024
2.4 Global Electrical Steels Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Electrical Steels Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Electrical Steels, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electrical Steels, Product Offered and Application
2.8 Global Key Manufacturers of Electrical Steels, Date of Enter into This Industry
2.9 Electrical Steels Market Competitive Situation and Trends
2.9.1 Electrical Steels Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electrical Steels Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electrical Steels Production by Region
3.1 Global Electrical Steels Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Electrical Steels Production Value by Region (2020-2031)
3.2.1 Global Electrical Steels Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Electrical Steels by Region (2026-2031)
3.3 Global Electrical Steels Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Electrical Steels Production Volume by Region (2020-2031)
3.4.1 Global Electrical Steels Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Electrical Steels by Region (2026-2031)
3.5 Global Electrical Steels Market Price Analysis by Region (2020-2025)
3.6 Global Electrical Steels Production and Value, Year-over-Year Growth
3.6.1 North America Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.6 India Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.7 South America Electrical Steels Production Value Estimates and Forecasts (2020-2031)
3.6.8 China Taiwan Electrical Steels Production Value Estimates and Forecasts (2020-2031)
4 Electrical Steels Consumption by Region
4.1 Global Electrical Steels Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Electrical Steels Consumption by Region (2020-2031)
4.2.1 Global Electrical Steels Consumption by Region (2020-2025)
4.2.2 Global Electrical Steels Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Electrical Steels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Electrical Steels Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electrical Steels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Electrical Steels Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Electrical Steels Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Electrical Steels Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electrical Steels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Electrical Steels Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Israel
5 Segment by Type
5.1 Global Electrical Steels Production by Type (2020-2031)
5.1.1 Global Electrical Steels Production by Type (2020-2025)
5.1.2 Global Electrical Steels Production by Type (2026-2031)
5.1.3 Global Electrical Steels Production Market Share by Type (2020-2031)
5.2 Global Electrical Steels Production Value by Type (2020-2031)
5.2.1 Global Electrical Steels Production Value by Type (2020-2025)
5.2.2 Global Electrical Steels Production Value by Type (2026-2031)
5.2.3 Global Electrical Steels Production Value Market Share by Type (2020-2031)
5.3 Global Electrical Steels Price by Type (2020-2031)
6 Segment by Application
6.1 Global Electrical Steels Production by Application (2020-2031)
6.1.1 Global Electrical Steels Production by Application (2020-2025)
6.1.2 Global Electrical Steels Production by Application (2026-2031)
6.1.3 Global Electrical Steels Production Market Share by Application (2020-2031)
6.2 Global Electrical Steels Production Value by Application (2020-2031)
6.2.1 Global Electrical Steels Production Value by Application (2020-2025)
6.2.2 Global Electrical Steels Production Value by Application (2026-2031)
6.2.3 Global Electrical Steels Production Value Market Share by Application (2020-2031)
6.3 Global Electrical Steels Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Baowu Group
7.1.1 Baowu Group Electrical Steels Company Information
7.1.2 Baowu Group Electrical Steels Product Portfolio
7.1.3 Baowu Group Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Baowu Group Main Business and Markets Served
7.1.5 Baowu Group Recent Developments/Updates
7.2 AK Steel
7.2.1 AK Steel Electrical Steels Company Information
7.2.2 AK Steel Electrical Steels Product Portfolio
7.2.3 AK Steel Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.2.4 AK Steel Main Business and Markets Served
7.2.5 AK Steel Recent Developments/Updates
7.3 Ansteel
7.3.1 Ansteel Electrical Steels Company Information
7.3.2 Ansteel Electrical Steels Product Portfolio
7.3.3 Ansteel Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Ansteel Main Business and Markets Served
7.3.5 Ansteel Recent Developments/Updates
7.4 ArcelorMittal
7.4.1 ArcelorMittal Electrical Steels Company Information
7.4.2 ArcelorMittal Electrical Steels Product Portfolio
7.4.3 ArcelorMittal Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.4.4 ArcelorMittal Main Business and Markets Served
7.4.5 ArcelorMittal Recent Developments/Updates
7.5 Benxi Iron & Steel (Group)
7.5.1 Benxi Iron & Steel (Group) Electrical Steels Company Information
7.5.2 Benxi Iron & Steel (Group) Electrical Steels Product Portfolio
7.5.3 Benxi Iron & Steel (Group) Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Benxi Iron & Steel (Group) Main Business and Markets Served
7.5.5 Benxi Iron & Steel (Group) Recent Developments/Updates
7.6 CSC
7.6.1 CSC Electrical Steels Company Information
7.6.2 CSC Electrical Steels Product Portfolio
7.6.3 CSC Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.6.4 CSC Main Business and Markets Served
7.6.5 CSC Recent Developments/Updates
7.7 JFE Steel
7.7.1 JFE Steel Electrical Steels Company Information
7.7.2 JFE Steel Electrical Steels Product Portfolio
7.7.3 JFE Steel Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.7.4 JFE Steel Main Business and Markets Served
7.7.5 JFE Steel Recent Developments/Updates
7.8 Nippon Steel Corporation
7.8.1 Nippon Steel Corporation Electrical Steels Company Information
7.8.2 Nippon Steel Corporation Electrical Steels Product Portfolio
7.8.3 Nippon Steel Corporation Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Nippon Steel Corporation Main Business and Markets Served
7.8.5 Nippon Steel Corporation Recent Developments/Updates
7.9 NLMK Group
7.9.1 NLMK Group Electrical Steels Company Information
7.9.2 NLMK Group Electrical Steels Product Portfolio
7.9.3 NLMK Group Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.9.4 NLMK Group Main Business and Markets Served
7.9.5 NLMK Group Recent Developments/Updates
7.10 Posco
7.10.1 Posco Electrical Steels Company Information
7.10.2 Posco Electrical Steels Product Portfolio
7.10.3 Posco Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Posco Main Business and Markets Served
7.10.5 Posco Recent Developments/Updates
7.11 Shougang Group
7.11.1 Shougang Group Electrical Steels Company Information
7.11.2 Shougang Group Electrical Steels Product Portfolio
7.11.3 Shougang Group Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Shougang Group Main Business and Markets Served
7.11.5 Shougang Group Recent Developments/Updates
7.12 Stalprodukt S.A.
7.12.1 Stalprodukt S.A. Electrical Steels Company Information
7.12.2 Stalprodukt S.A. Electrical Steels Product Portfolio
7.12.3 Stalprodukt S.A. Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Stalprodukt S.A. Main Business and Markets Served
7.12.5 Stalprodukt S.A. Recent Developments/Updates
7.13 TATA Steel
7.13.1 TATA Steel Electrical Steels Company Information
7.13.2 TATA Steel Electrical Steels Product Portfolio
7.13.3 TATA Steel Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.13.4 TATA Steel Main Business and Markets Served
7.13.5 TATA Steel Recent Developments/Updates
7.14 ThyssenKrupp
7.14.1 ThyssenKrupp Electrical Steels Company Information
7.14.2 ThyssenKrupp Electrical Steels Product Portfolio
7.14.3 ThyssenKrupp Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.14.4 ThyssenKrupp Main Business and Markets Served
7.14.5 ThyssenKrupp Recent Developments/Updates
7.15 TISCO
7.15.1 TISCO Electrical Steels Company Information
7.15.2 TISCO Electrical Steels Product Portfolio
7.15.3 TISCO Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.15.4 TISCO Main Business and Markets Served
7.15.5 TISCO Recent Developments/Updates
7.16 Voestalpine
7.16.1 Voestalpine Electrical Steels Company Information
7.16.2 Voestalpine Electrical Steels Product Portfolio
7.16.3 Voestalpine Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Voestalpine Main Business and Markets Served
7.16.5 Voestalpine Recent Developments/Updates
7.17 Masteel
7.17.1 Masteel Electrical Steels Company Information
7.17.2 Masteel Electrical Steels Product Portfolio
7.17.3 Masteel Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Masteel Main Business and Markets Served
7.17.5 Masteel Recent Developments/Updates
7.18 APERAM
7.18.1 APERAM Electrical Steels Company Information
7.18.2 APERAM Electrical Steels Product Portfolio
7.18.3 APERAM Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.18.4 APERAM Main Business and Markets Served
7.18.5 APERAM Recent Developments/Updates
7.19 Nucor
7.19.1 Nucor Electrical Steels Company Information
7.19.2 Nucor Electrical Steels Product Portfolio
7.19.3 Nucor Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Nucor Main Business and Markets Served
7.19.5 Nucor Recent Developments/Updates
7.20 ATI Metals
7.20.1 ATI Metals Electrical Steels Company Information
7.20.2 ATI Metals Electrical Steels Product Portfolio
7.20.3 ATI Metals Electrical Steels Production, Value, Price and Gross Margin (2020-2025)
7.20.4 ATI Metals Main Business and Markets Served
7.20.5 ATI Metals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electrical Steels Industry Chain Analysis
8.2 Electrical Steels Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electrical Steels Production Mode & Process Analysis
8.4 Electrical Steels Sales and Marketing
8.4.1 Electrical Steels Sales Channels
8.4.2 Electrical Steels Distributors
8.5 Electrical Steels Customer Analysis
9 Electrical Steels Market Dynamics
9.1 Electrical Steels Industry Trends
9.2 Electrical Steels Market Drivers
9.3 Electrical Steels Market Challenges
9.4 Electrical Steels Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Global Electrical Steels Market Value by Type, (US$ Million) & (2024 VS 2031)
Table 2. Global Electrical Steels Market Value by Application, (US$ Million) & (2024 VS 2031)
Table 3. Global Electrical Steels Production Capacity (K MT) by Manufacturers in 2024
Table 4. Global Electrical Steels Production by Manufacturers (2020-2025) & (K MT)
Table 5. Global Electrical Steels Production Market Share by Manufacturers (2020-2025)
Table 6. Global Electrical Steels Production Value by Manufacturers (2020-2025) & (US$ Million)
Table 7. Global Electrical Steels Production Value Share by Manufacturers (2020-2025)
Table 8. Global Key Players of Electrical Steels, Industry Ranking, 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Electrical Steels as of 2024)
Table 10. Global Market Electrical Steels Average Price by Manufacturers (USD/MT) & (2020-2025)
Table 11. Global Key Manufacturers of Electrical Steels, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Electrical Steels, Product Offered and Application
Table 13. Global Key Manufacturers of Electrical Steels, Date of Enter into This Industry
Table 14. Global Electrical Steels Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Electrical Steels Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Electrical Steels Production Value (US$ Million) by Region (2020-2025)
Table 18. Global Electrical Steels Production Value Market Share by Region (2020-2025)
Table 19. Global Electrical Steels Production Value (US$ Million) Forecast by Region (2026-2031)
Table 20. Global Electrical Steels Production Value Market Share Forecast by Region (2026-2031)
Table 21. Global Electrical Steels Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
Table 22. Global Electrical Steels Production (K MT) by Region (2020-2025)
Table 23. Global Electrical Steels Production Market Share by Region (2020-2025)
Table 24. Global Electrical Steels Production (K MT) Forecast by Region (2026-2031)
Table 25. Global Electrical Steels Production Market Share Forecast by Region (2026-2031)
Table 26. Global Electrical Steels Market Average Price (USD/MT) by Region (2020-2025)
Table 27. Global Electrical Steels Market Average Price (USD/MT) by Region (2026-2031)
Table 28. Global Electrical Steels Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
Table 29. Global Electrical Steels Consumption by Region (2020-2025) & (K MT)
Table 30. Global Electrical Steels Consumption Market Share by Region (2020-2025)
Table 31. Global Electrical Steels Forecasted Consumption by Region (2026-2031) & (K MT)
Table 32. Global Electrical Steels Forecasted Consumption Market Share by Region (2026-2031)
Table 33. North America Electrical Steels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
Table 34. North America Electrical Steels Consumption by Country (2020-2025) & (K MT)
Table 35. North America Electrical Steels Consumption by Country (2026-2031) & (K MT)
Table 36. Europe Electrical Steels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
Table 37. Europe Electrical Steels Consumption by Country (2020-2025) & (K MT)
Table 38. Europe Electrical Steels Consumption by Country (2026-2031) & (K MT)
Table 39. Asia Pacific Electrical Steels Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
Table 40. Asia Pacific Electrical Steels Consumption by Region (2020-2025) & (K MT)
Table 41. Asia Pacific Electrical Steels Consumption by Region (2026-2031) & (K MT)
Table 42. Latin America, Middle East & Africa Electrical Steels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
Table 43. Latin America, Middle East & Africa Electrical Steels Consumption by Country (2020-2025) & (K MT)
Table 44. Latin America, Middle East & Africa Electrical Steels Consumption by Country (2026-2031) & (K MT)
Table 45. Global Electrical Steels Production (K MT) by Type (2020-2025)
Table 46. Global Electrical Steels Production (K MT) by Type (2026-2031)
Table 47. Global Electrical Steels Production Market Share by Type (2020-2025)
Table 48. Global Electrical Steels Production Market Share by Type (2026-2031)
Table 49. Global Electrical Steels Production Value (US$ Million) by Type (2020-2025)
Table 50. Global Electrical Steels Production Value (US$ Million) by Type (2026-2031)
Table 51. Global Electrical Steels Production Value Market Share by Type (2020-2025)
Table 52. Global Electrical Steels Production Value Market Share by Type (2026-2031)
Table 53. Global Electrical Steels Price (USD/MT) by Type (2020-2025)
Table 54. Global Electrical Steels Price (USD/MT) by Type (2026-2031)
Table 55. Global Electrical Steels Production (K MT) by Application (2020-2025)
Table 56. Global Electrical Steels Production (K MT) by Application (2026-2031)
Table 57. Global Electrical Steels Production Market Share by Application (2020-2025)
Table 58. Global Electrical Steels Production Market Share by Application (2026-2031)
Table 59. Global Electrical Steels Production Value (US$ Million) by Application (2020-2025)
Table 60. Global Electrical Steels Production Value (US$ Million) by Application (2026-2031)
Table 61. Global Electrical Steels Production Value Market Share by Application (2020-2025)
Table 62. Global Electrical Steels Production Value Market Share by Application (2026-2031)
Table 63. Global Electrical Steels Price (USD/MT) by Application (2020-2025)
Table 64. Global Electrical Steels Price (USD/MT) by Application (2026-2031)
Table 65. Baowu Group Electrical Steels Company Information
Table 66. Baowu Group Electrical Steels Specification and Application
Table 67. Baowu Group Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 68. Baowu Group Main Business and Markets Served
Table 69. Baowu Group Recent Developments/Updates
Table 70. AK Steel Electrical Steels Company Information
Table 71. AK Steel Electrical Steels Specification and Application
Table 72. AK Steel Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 73. AK Steel Main Business and Markets Served
Table 74. AK Steel Recent Developments/Updates
Table 75. Ansteel Electrical Steels Company Information
Table 76. Ansteel Electrical Steels Specification and Application
Table 77. Ansteel Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 78. Ansteel Main Business and Markets Served
Table 79. Ansteel Recent Developments/Updates
Table 80. ArcelorMittal Electrical Steels Company Information
Table 81. ArcelorMittal Electrical Steels Specification and Application
Table 82. ArcelorMittal Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 83. ArcelorMittal Main Business and Markets Served
Table 84. ArcelorMittal Recent Developments/Updates
Table 85. Benxi Iron & Steel (Group) Electrical Steels Company Information
Table 86. Benxi Iron & Steel (Group) Electrical Steels Specification and Application
Table 87. Benxi Iron & Steel (Group) Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 88. Benxi Iron & Steel (Group) Main Business and Markets Served
Table 89. Benxi Iron & Steel (Group) Recent Developments/Updates
Table 90. CSC Electrical Steels Company Information
Table 91. CSC Electrical Steels Specification and Application
Table 92. CSC Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 93. CSC Main Business and Markets Served
Table 94. CSC Recent Developments/Updates
Table 95. JFE Steel Electrical Steels Company Information
Table 96. JFE Steel Electrical Steels Specification and Application
Table 97. JFE Steel Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 98. JFE Steel Main Business and Markets Served
Table 99. JFE Steel Recent Developments/Updates
Table 100. Nippon Steel Corporation Electrical Steels Company Information
Table 101. Nippon Steel Corporation Electrical Steels Specification and Application
Table 102. Nippon Steel Corporation Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 103. Nippon Steel Corporation Main Business and Markets Served
Table 104. Nippon Steel Corporation Recent Developments/Updates
Table 105. NLMK Group Electrical Steels Company Information
Table 106. NLMK Group Electrical Steels Specification and Application
Table 107. NLMK Group Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 108. NLMK Group Main Business and Markets Served
Table 109. NLMK Group Recent Developments/Updates
Table 110. Posco Electrical Steels Company Information
Table 111. Posco Electrical Steels Specification and Application
Table 112. Posco Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 113. Posco Main Business and Markets Served
Table 114. Posco Recent Developments/Updates
Table 115. Shougang Group Electrical Steels Company Information
Table 116. Shougang Group Electrical Steels Specification and Application
Table 117. Shougang Group Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 118. Shougang Group Main Business and Markets Served
Table 119. Shougang Group Recent Developments/Updates
Table 120. Stalprodukt S.A. Electrical Steels Company Information
Table 121. Stalprodukt S.A. Electrical Steels Specification and Application
Table 122. Stalprodukt S.A. Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 123. Stalprodukt S.A. Main Business and Markets Served
Table 124. Stalprodukt S.A. Recent Developments/Updates
Table 125. TATA Steel Electrical Steels Company Information
Table 126. TATA Steel Electrical Steels Specification and Application
Table 127. TATA Steel Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 128. TATA Steel Main Business and Markets Served
Table 129. TATA Steel Recent Developments/Updates
Table 130. ThyssenKrupp Electrical Steels Company Information
Table 131. ThyssenKrupp Electrical Steels Specification and Application
Table 132. ThyssenKrupp Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 133. ThyssenKrupp Main Business and Markets Served
Table 134. ThyssenKrupp Recent Developments/Updates
Table 135. TISCO Electrical Steels Company Information
Table 136. TISCO Electrical Steels Specification and Application
Table 137. TISCO Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 138. TISCO Main Business and Markets Served
Table 139. TISCO Recent Developments/Updates
Table 140. Voestalpine Electrical Steels Company Information
Table 141. Voestalpine Electrical Steels Specification and Application
Table 142. Voestalpine Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 143. Voestalpine Main Business and Markets Served
Table 144. Voestalpine Recent Developments/Updates
Table 145. Masteel Electrical Steels Company Information
Table 146. Masteel Electrical Steels Specification and Application
Table 147. Masteel Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 148. Masteel Main Business and Markets Served
Table 149. Masteel Recent Developments/Updates
Table 150. APERAM Electrical Steels Company Information
Table 151. APERAM Electrical Steels Specification and Application
Table 152. APERAM Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 153. APERAM Main Business and Markets Served
Table 154. APERAM Recent Developments/Updates
Table 155. Nucor Electrical Steels Company Information
Table 156. Nucor Electrical Steels Specification and Application
Table 157. Nucor Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 158. Nucor Main Business and Markets Served
Table 159. Nucor Recent Developments/Updates
Table 160. ATI Metals Electrical Steels Company Information
Table 161. ATI Metals Electrical Steels Specification and Application
Table 162. ATI Metals Electrical Steels Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 163. ATI Metals Main Business and Markets Served
Table 164. ATI Metals Recent Developments/Updates
Table 165. Key Raw Materials Lists
Table 166. Raw Materials Key Suppliers Lists
Table 167. Electrical Steels Distributors List
Table 168. Electrical Steels Customers List
Table 169. Electrical Steels Market Trends
Table 170. Electrical Steels Market Drivers
Table 171. Electrical Steels Market Challenges
Table 172. Electrical Steels Market Restraints
Table 173. Research Programs/Design for This Report
Table 174. Key Data Information from Secondary Sources
Table 175. Key Data Information from Primary Sources
Table 176. Authors List of This Report
List of Figures
Figure 1. Product Picture of Electrical Steels
Figure 2. Global Electrical Steels Market Value by Type, (US$ Million) & (2020-2031)
Figure 3. Global Electrical Steels Market Share by Type: 2024 VS 2031
Figure 4. Oriented Electrical Steels Product Picture
Figure 5. Non-Oriented Electrical Steels Product Picture
Figure 6. Global Electrical Steels Market Value by Application, (US$ Million) & (2020-2031)
Figure 7. Global Electrical Steels Market Share by Application: 2024 VS 2031
Figure 8. Transformer
Figure 9. Power Generator
Figure 10. Electric Motor
Figure 11. Others
Figure 12. Global Electrical Steels Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global Electrical Steels Production Value (US$ Million) & (2020-2031)
Figure 14. Global Electrical Steels Production Capacity (K MT) & (2020-2031)
Figure 15. Global Electrical Steels Production (K MT) & (2020-2031)
Figure 16. Global Electrical Steels Average Price (USD/MT) & (2020-2031)
Figure 17. Electrical Steels Report Years Considered
Figure 18. Electrical Steels Production Share by Manufacturers in 2024
Figure 19. Global Electrical Steels Production Value Share by Manufacturers (2024)
Figure 20. Electrical Steels Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 21. The Global 5 and 10 Largest Players: Market Share by Electrical Steels Revenue in 2024
Figure 22. Global Electrical Steels Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 23. Global Electrical Steels Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 24. Global Electrical Steels Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
Figure 25. Global Electrical Steels Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 26. North America Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 27. Europe Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 28. China Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 29. Japan Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 30. South Korea Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 31. India Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 32. South America Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 33. China Taiwan Electrical Steels Production Value (US$ Million) Growth Rate (2020-2031)
Figure 34. Global Electrical Steels Consumption by Region: 2020 VS 2024 VS 2031 (K MT)
Figure 35. Global Electrical Steels Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 36. North America Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 37. North America Electrical Steels Consumption Market Share by Country (2020-2031)
Figure 38. U.S. Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 39. Canada Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 40. Europe Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 41. Europe Electrical Steels Consumption Market Share by Country (2020-2031)
Figure 42. Germany Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 43. France Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 44. U.K. Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 45. Italy Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 46. Netherlands Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 47. Asia Pacific Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 48. Asia Pacific Electrical Steels Consumption Market Share by Region (2020-2031)
Figure 49. China Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 50. Japan Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 51. South Korea Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 52. China Taiwan Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 53. Southeast Asia Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 54. India Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 55. Latin America, Middle East & Africa Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 56. Latin America, Middle East & Africa Electrical Steels Consumption Market Share by Country (2020-2031)
Figure 57. Mexico Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 58. Brazil Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 59. Israel Electrical Steels Consumption and Growth Rate (2020-2031) & (K MT)
Figure 60. Global Production Market Share of Electrical Steels by Type (2020-2031)
Figure 61. Global Production Value Market Share of Electrical Steels by Type (2020-2031)
Figure 62. Global Electrical Steels Price (USD/MT) by Type (2020-2031)
Figure 63. Global Production Market Share of Electrical Steels by Application (2020-2031)
Figure 64. Global Production Value Market Share of Electrical Steels by Application (2020-2031)
Figure 65. Global Electrical Steels Price (USD/MT) by Application (2020-2031)
Figure 66. Electrical Steels Value Chain
Figure 67. Channels of Distribution (Direct Vs Distribution)
Figure 68. Bottom-up and Top-down Approaches for This Report
Figure 69. Data Triangulation
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Electrical Steels in 2025?
The global market size of Electrical Steels in 2025 was 27820 Million USD.
Which companies rank high in the global Electrical Steels market?
What is the annual compound growth rate of the global Electrical Steels market size from 2025 to 2031?
What was the global market size of Electrical Steels in 2031?
Which region is expected to have the highest market share?
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