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Electrical Steels- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Industry: Electronics & Semiconductor
Published Date: 2025-01-16
Pages: 137 Pages
Report ld: 3480273
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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 estimated to be worth US$ 27280 million in 2024 and is forecast to a readjusted size of US$ 31700 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.
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 aims to provide a comprehensive presentation of the global market for Electrical Steels, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electrical Steels by region & country, by Type, and by Application.
The Electrical Steels market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
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
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Electrical Steels manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Electrical Steels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electrical Steels in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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TABLE OF CONTENTS
1 Market Overview
1.1 Electrical Steels Product Introduction
1.2 Global Electrical Steels Market Size Forecast
1.2.1 Global Electrical Steels Sales Value (2020-2031)
1.2.2 Global Electrical Steels Sales Volume (2020-2031)
1.2.3 Global Electrical Steels Sales Price (2020-2031)
1.3 Electrical Steels Market Trends & Drivers
1.3.1 Electrical Steels Industry Trends
1.3.2 Electrical Steels Market Drivers & Opportunity
1.3.3 Electrical Steels Market Challenges
1.3.4 Electrical Steels Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electrical Steels Players Revenue Ranking (2024)
2.2 Global Electrical Steels Revenue by Company (2020-2025)
2.3 Global Electrical Steels Players Sales Volume Ranking (2024)
2.4 Global Electrical Steels Sales Volume by Company Players (2020-2025)
2.5 Global Electrical Steels Average Price by Company (2020-2025)
2.6 Key Manufacturers Electrical Steels Manufacturing Base and Headquarters
2.7 Key Manufacturers Electrical Steels Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electrical Steels
2.9 Electrical Steels Market Competitive Analysis
2.9.1 Electrical Steels Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Electrical Steels Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electrical Steels as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Oriented Electrical Steels
3.1.2 Non-Oriented Electrical Steels
3.2 Global Electrical Steels Sales Value by Type
3.2.1 Global Electrical Steels Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Electrical Steels Sales Value, by Type (2020-2031)
3.2.3 Global Electrical Steels Sales Value, by Type (%) (2020-2031)
3.3 Global Electrical Steels Sales Volume by Type
3.3.1 Global Electrical Steels Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Electrical Steels Sales Volume, by Type (2020-2031)
3.3.3 Global Electrical Steels Sales Volume, by Type (%) (2020-2031)
3.4 Global Electrical Steels Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Transformer
4.1.2 Power Generator
4.1.3 Electric Motor
4.1.4 Others
4.2 Global Electrical Steels Sales Value by Application
4.2.1 Global Electrical Steels Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Electrical Steels Sales Value, by Application (2020-2031)
4.2.3 Global Electrical Steels Sales Value, by Application (%) (2020-2031)
4.3 Global Electrical Steels Sales Volume by Application
4.3.1 Global Electrical Steels Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Electrical Steels Sales Volume, by Application (2020-2031)
4.3.3 Global Electrical Steels Sales Volume, by Application (%) (2020-2031)
4.4 Global Electrical Steels Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Electrical Steels Sales Value by Region
5.1.1 Global Electrical Steels Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Electrical Steels Sales Value by Region (2020-2025)
5.1.3 Global Electrical Steels Sales Value by Region (2026-2031)
5.1.4 Global Electrical Steels Sales Value by Region (%), (2020-2031)
5.2 Global Electrical Steels Sales Volume by Region
5.2.1 Global Electrical Steels Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Electrical Steels Sales Volume by Region (2020-2025)
5.2.3 Global Electrical Steels Sales Volume by Region (2026-2031)
5.2.4 Global Electrical Steels Sales Volume by Region (%), (2020-2031)
5.3 Global Electrical Steels Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Electrical Steels Sales Value, 2020-2031
5.4.2 North America Electrical Steels Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Electrical Steels Sales Value, 2020-2031
5.5.2 Europe Electrical Steels Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Electrical Steels Sales Value, 2020-2031
5.6.2 Asia Pacific Electrical Steels Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Electrical Steels Sales Value, 2020-2031
5.7.2 South America Electrical Steels Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electrical Steels Sales Value, 2020-2031
5.8.2 Middle East & Africa Electrical Steels Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electrical Steels Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Electrical Steels Sales Value
6.2.1 Key Countries/Regions Electrical Steels Sales Value, 2020-2031
6.2.2 Key Countries/Regions Electrical Steels Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Electrical Steels Sales Value, 2020-2031
6.3.2 United States Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Electrical Steels Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Electrical Steels Sales Value, 2020-2031
6.4.2 Europe Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Electrical Steels Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Electrical Steels Sales Value, 2020-2031
6.5.2 China Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.5.3 China Electrical Steels Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Electrical Steels Sales Value, 2020-2031
6.6.2 Japan Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Electrical Steels Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Electrical Steels Sales Value, 2020-2031
6.7.2 South Korea Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Electrical Steels Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Electrical Steels Sales Value, 2020-2031
6.8.2 Southeast Asia Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Electrical Steels Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Electrical Steels Sales Value, 2020-2031
6.9.2 India Electrical Steels Sales Value by Type (%), 2024 VS 2031
6.9.3 India Electrical Steels Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Baowu Group
7.1.1 Baowu Group Company Information
7.1.2 Baowu Group Introduction and Business Overview
7.1.3 Baowu Group Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Baowu Group Electrical Steels Product Offerings
7.1.5 Baowu Group Recent Development
7.2 AK Steel
7.2.1 AK Steel Company Information
7.2.2 AK Steel Introduction and Business Overview
7.2.3 AK Steel Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 AK Steel Electrical Steels Product Offerings
7.2.5 AK Steel Recent Development
7.3 Ansteel
7.3.1 Ansteel Company Information
7.3.2 Ansteel Introduction and Business Overview
7.3.3 Ansteel Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Ansteel Electrical Steels Product Offerings
7.3.5 Ansteel Recent Development
7.4 ArcelorMittal
7.4.1 ArcelorMittal Company Information
7.4.2 ArcelorMittal Introduction and Business Overview
7.4.3 ArcelorMittal Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 ArcelorMittal Electrical Steels Product Offerings
7.4.5 ArcelorMittal Recent Development
7.5 Benxi Iron & Steel (Group)
7.5.1 Benxi Iron & Steel (Group) Company Information
7.5.2 Benxi Iron & Steel (Group) Introduction and Business Overview
7.5.3 Benxi Iron & Steel (Group) Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Benxi Iron & Steel (Group) Electrical Steels Product Offerings
7.5.5 Benxi Iron & Steel (Group) Recent Development
7.6 CSC
7.6.1 CSC Company Information
7.6.2 CSC Introduction and Business Overview
7.6.3 CSC Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 CSC Electrical Steels Product Offerings
7.6.5 CSC Recent Development
7.7 JFE Steel
7.7.1 JFE Steel Company Information
7.7.2 JFE Steel Introduction and Business Overview
7.7.3 JFE Steel Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 JFE Steel Electrical Steels Product Offerings
7.7.5 JFE Steel Recent Development
7.8 Nippon Steel Corporation
7.8.1 Nippon Steel Corporation Company Information
7.8.2 Nippon Steel Corporation Introduction and Business Overview
7.8.3 Nippon Steel Corporation Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Nippon Steel Corporation Electrical Steels Product Offerings
7.8.5 Nippon Steel Corporation Recent Development
7.9 NLMK Group
7.9.1 NLMK Group Company Information
7.9.2 NLMK Group Introduction and Business Overview
7.9.3 NLMK Group Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 NLMK Group Electrical Steels Product Offerings
7.9.5 NLMK Group Recent Development
7.10 Posco
7.10.1 Posco Company Information
7.10.2 Posco Introduction and Business Overview
7.10.3 Posco Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Posco Electrical Steels Product Offerings
7.10.5 Posco Recent Development
7.11 Shougang Group
7.11.1 Shougang Group Company Information
7.11.2 Shougang Group Introduction and Business Overview
7.11.3 Shougang Group Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Shougang Group Electrical Steels Product Offerings
7.11.5 Shougang Group Recent Development
7.12 Stalprodukt S.A.
7.12.1 Stalprodukt S.A. Company Information
7.12.2 Stalprodukt S.A. Introduction and Business Overview
7.12.3 Stalprodukt S.A. Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Stalprodukt S.A. Electrical Steels Product Offerings
7.12.5 Stalprodukt S.A. Recent Development
7.13 TATA Steel
7.13.1 TATA Steel Company Information
7.13.2 TATA Steel Introduction and Business Overview
7.13.3 TATA Steel Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 TATA Steel Electrical Steels Product Offerings
7.13.5 TATA Steel Recent Development
7.14 ThyssenKrupp
7.14.1 ThyssenKrupp Company Information
7.14.2 ThyssenKrupp Introduction and Business Overview
7.14.3 ThyssenKrupp Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 ThyssenKrupp Electrical Steels Product Offerings
7.14.5 ThyssenKrupp Recent Development
7.15 TISCO
7.15.1 TISCO Company Information
7.15.2 TISCO Introduction and Business Overview
7.15.3 TISCO Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 TISCO Electrical Steels Product Offerings
7.15.5 TISCO Recent Development
7.16 Voestalpine
7.16.1 Voestalpine Company Information
7.16.2 Voestalpine Introduction and Business Overview
7.16.3 Voestalpine Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Voestalpine Electrical Steels Product Offerings
7.16.5 Voestalpine Recent Development
7.17 Masteel
7.17.1 Masteel Company Information
7.17.2 Masteel Introduction and Business Overview
7.17.3 Masteel Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Masteel Electrical Steels Product Offerings
7.17.5 Masteel Recent Development
7.18 APERAM
7.18.1 APERAM Company Information
7.18.2 APERAM Introduction and Business Overview
7.18.3 APERAM Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 APERAM Electrical Steels Product Offerings
7.18.5 APERAM Recent Development
7.19 Nucor
7.19.1 Nucor Company Information
7.19.2 Nucor Introduction and Business Overview
7.19.3 Nucor Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Nucor Electrical Steels Product Offerings
7.19.5 Nucor Recent Development
7.20 ATI Metals
7.20.1 ATI Metals Company Information
7.20.2 ATI Metals Introduction and Business Overview
7.20.3 ATI Metals Electrical Steels Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 ATI Metals Electrical Steels Product Offerings
7.20.5 ATI Metals Recent Development
8 Industry Chain Analysis
8.1 Electrical Steels Industrial Chain
8.2 Electrical Steels Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electrical Steels Sales Model
8.5.2 Sales Channel
8.5.3 Electrical Steels Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Electrical Steels Market Trends
Table 2. Electrical Steels Market Drivers & Opportunity
Table 3. Electrical Steels Market Challenges
Table 4. Electrical Steels Market Restraints
Table 5. Global Electrical Steels Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Electrical Steels Revenue Market Share by Company (2020-2025)
Table 7. Global Electrical Steels Sales Volume by Company (2020-2025) & (K MT)
Table 8. Global Electrical Steels Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Electrical Steels Price by Company (2020-2025) & (USD/MT)
Table 10. Key Manufacturers Electrical Steels Manufacturing Base and Headquarters
Table 11. Key Manufacturers Electrical Steels Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Electrical Steels
Table 13. Global Electrical Steels Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electrical Steels as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Electrical Steels Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Electrical Steels Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Electrical Steels Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Electrical Steels Sales Market Share in Value by Type (2020-2025)
Table 20. Global Electrical Steels Sales Market Share in Value by Type (2026-2031)
Table 21. Global Electrical Steels Sales Volume by Type: 2020 VS 2024 VS 2031 (K MT)
Table 22. Global Electrical Steels Sales Volume by Type (2020-2025) & (K MT)
Table 23. Global Electrical Steels Sales Volume by Type (2026-2031) & (K MT)
Table 24. Global Electrical Steels Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Electrical Steels Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Electrical Steels Price by Type (2020-2025) & (USD/MT)
Table 27. Global Electrical Steels Price by Type (2026-2031) & (USD/MT)
Table 28. Global Electrical Steels Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Electrical Steels Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Electrical Steels Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Electrical Steels Sales Market Share in Value by Application (2020-2025)
Table 32. Global Electrical Steels Sales Market Share in Value by Application (2026-2031)
Table 33. Global Electrical Steels Sales Volume by Application: 2020 VS 2024 VS 2031 (K MT)
Table 34. Global Electrical Steels Sales Volume by Application (2020-2025) & (K MT)
Table 35. Global Electrical Steels Sales Volume by Application (2026-2031) & (K MT)
Table 36. Global Electrical Steels Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Electrical Steels Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Electrical Steels Price by Application (2020-2025) & (USD/MT)
Table 39. Global Electrical Steels Price by Application (2026-2031) & (USD/MT)
Table 40. Global Electrical Steels Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Electrical Steels Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Electrical Steels Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Electrical Steels Sales Value by Region (2020-2025) & (%)
Table 44. Global Electrical Steels Sales Value by Region (2026-2031) & (%)
Table 45. Global Electrical Steels Sales Volume by Region (K MT): 2020 VS 2024 VS 2031
Table 46. Global Electrical Steels Sales Volume by Region (2020-2025) & (K MT)
Table 47. Global Electrical Steels Sales Volume by Region (2026-2031) & (K MT)
Table 48. Global Electrical Steels Sales Volume by Region (2020-2025) & (%)
Table 49. Global Electrical Steels Sales Volume by Region (2026-2031) & (%)
Table 50. Global Electrical Steels Average Price by Region (2020-2025) & (USD/MT)
Table 51. Global Electrical Steels Average Price by Region (2026-2031) & (USD/MT)
Table 52. Key Countries/Regions Electrical Steels Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Electrical Steels Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Electrical Steels Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Electrical Steels Sales Volume, (2020-2025) & (K MT)
Table 56. Key Countries/Regions Electrical Steels Sales Volume, (2026-2031) & (K MT)
Table 57. Baowu Group Company Information
Table 58. Baowu Group Introduction and Business Overview
Table 59. Baowu Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 60. Baowu Group Electrical Steels Product Offerings
Table 61. Baowu Group Recent Development
Table 62. AK Steel Company Information
Table 63. AK Steel Introduction and Business Overview
Table 64. AK Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 65. AK Steel Electrical Steels Product Offerings
Table 66. AK Steel Recent Development
Table 67. Ansteel Company Information
Table 68. Ansteel Introduction and Business Overview
Table 69. Ansteel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 70. Ansteel Electrical Steels Product Offerings
Table 71. Ansteel Recent Development
Table 72. ArcelorMittal Company Information
Table 73. ArcelorMittal Introduction and Business Overview
Table 74. ArcelorMittal Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 75. ArcelorMittal Electrical Steels Product Offerings
Table 76. ArcelorMittal Recent Development
Table 77. Benxi Iron & Steel (Group) Company Information
Table 78. Benxi Iron & Steel (Group) Introduction and Business Overview
Table 79. Benxi Iron & Steel (Group) Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 80. Benxi Iron & Steel (Group) Electrical Steels Product Offerings
Table 81. Benxi Iron & Steel (Group) Recent Development
Table 82. CSC Company Information
Table 83. CSC Introduction and Business Overview
Table 84. CSC Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 85. CSC Electrical Steels Product Offerings
Table 86. CSC Recent Development
Table 87. JFE Steel Company Information
Table 88. JFE Steel Introduction and Business Overview
Table 89. JFE Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 90. JFE Steel Electrical Steels Product Offerings
Table 91. JFE Steel Recent Development
Table 92. Nippon Steel Corporation Company Information
Table 93. Nippon Steel Corporation Introduction and Business Overview
Table 94. Nippon Steel Corporation Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 95. Nippon Steel Corporation Electrical Steels Product Offerings
Table 96. Nippon Steel Corporation Recent Development
Table 97. NLMK Group Company Information
Table 98. NLMK Group Introduction and Business Overview
Table 99. NLMK Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 100. NLMK Group Electrical Steels Product Offerings
Table 101. NLMK Group Recent Development
Table 102. Posco Company Information
Table 103. Posco Introduction and Business Overview
Table 104. Posco Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 105. Posco Electrical Steels Product Offerings
Table 106. Posco Recent Development
Table 107. Shougang Group Company Information
Table 108. Shougang Group Introduction and Business Overview
Table 109. Shougang Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 110. Shougang Group Electrical Steels Product Offerings
Table 111. Shougang Group Recent Development
Table 112. Stalprodukt S.A. Company Information
Table 113. Stalprodukt S.A. Introduction and Business Overview
Table 114. Stalprodukt S.A. Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 115. Stalprodukt S.A. Electrical Steels Product Offerings
Table 116. Stalprodukt S.A. Recent Development
Table 117. TATA Steel Company Information
Table 118. TATA Steel Introduction and Business Overview
Table 119. TATA Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 120. TATA Steel Electrical Steels Product Offerings
Table 121. TATA Steel Recent Development
Table 122. ThyssenKrupp Company Information
Table 123. ThyssenKrupp Introduction and Business Overview
Table 124. ThyssenKrupp Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 125. ThyssenKrupp Electrical Steels Product Offerings
Table 126. ThyssenKrupp Recent Development
Table 127. TISCO Company Information
Table 128. TISCO Introduction and Business Overview
Table 129. TISCO Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 130. TISCO Electrical Steels Product Offerings
Table 131. TISCO Recent Development
Table 132. Voestalpine Company Information
Table 133. Voestalpine Introduction and Business Overview
Table 134. Voestalpine Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 135. Voestalpine Electrical Steels Product Offerings
Table 136. Voestalpine Recent Development
Table 137. Masteel Company Information
Table 138. Masteel Introduction and Business Overview
Table 139. Masteel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 140. Masteel Electrical Steels Product Offerings
Table 141. Masteel Recent Development
Table 142. APERAM Company Information
Table 143. APERAM Introduction and Business Overview
Table 144. APERAM Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 145. APERAM Electrical Steels Product Offerings
Table 146. APERAM Recent Development
Table 147. Nucor Company Information
Table 148. Nucor Introduction and Business Overview
Table 149. Nucor Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 150. Nucor Electrical Steels Product Offerings
Table 151. Nucor Recent Development
Table 152. ATI Metals Company Information
Table 153. ATI Metals Introduction and Business Overview
Table 154. ATI Metals Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 155. ATI Metals Electrical Steels Product Offerings
Table 156. ATI Metals Recent Development
Table 157. Key Raw Materials Lists
Table 158. Raw Materials Key Suppliers Lists
Table 159. Electrical Steels Downstream Customers
Table 160. Electrical Steels Distributors List
Table 161. Research Programs/Design for This Report
Table 162. Key Data Information from Secondary Sources
Table 163. Key Data Information from Primary Sources
List of Figures
Figure 1. Electrical Steels Product Picture
Figure 2. Global Electrical Steels Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Electrical Steels Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Electrical Steels Sales Volume (2020-2031) & (K MT)
Figure 5. Global Electrical Steels Sales Price (2020-2031) & (USD/MT)
Figure 6. Electrical Steels Report Years Considered
Figure 7. Global Electrical Steels Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Electrical Steels Players Sales Volume Ranking (2024) & (K MT)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Electrical Steels Revenue in 2024
Figure 10. Electrical Steels Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Oriented Electrical Steels Picture
Figure 12. Non-Oriented Electrical Steels Picture
Figure 13. Global Electrical Steels Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Electrical Steels Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Electrical Steels Sales Volume by Type (2020 VS 2024 VS 2031) & (K MT)
Figure 16. Global Electrical Steels Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Electrical Steels Price by Type (2020-2031) & (USD/MT)
Figure 18. Product Picture of Transformer
Figure 19. Product Picture of Power Generator
Figure 20. Product Picture of Electric Motor
Figure 21. Product Picture of Others
Figure 22. Global Electrical Steels Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 23. Global Electrical Steels Sales Value Market Share by Application, 2024 & 2031
Figure 24. Global Electrical Steels Sales Volume by Application (2020 VS 2024 VS 2031) & (K MT)
Figure 25. Global Electrical Steels Sales Volume Market Share by Application, 2024 & 2031
Figure 26. Global Electrical Steels Price by Application (2020-2031) & (USD/MT)
Figure 27. North America Electrical Steels Sales Value (2020-2031) & (US$ Million)
Figure 28. North America Electrical Steels Sales Value by Country (%), 2024 VS 2031
Figure 29. Europe Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 30. Europe Electrical Steels Sales Value by Country (%), 2024 VS 2031
Figure 31. Asia Pacific Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 32. Asia Pacific Electrical Steels Sales Value by Region (%), 2024 VS 2031
Figure 33. South America Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 34. South America Electrical Steels Sales Value by Country (%), 2024 VS 2031
Figure 35. Middle East & Africa Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 36. Middle East & Africa Electrical Steels Sales Value by Country (%), 2024 VS 2031
Figure 37. Key Countries/Regions Electrical Steels Sales Value (%), (2020-2031)
Figure 38. Key Countries/Regions Electrical Steels Sales Volume (%), (2020-2031)
Figure 39. United States Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 40. United States Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 41. United States Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 42. Europe Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 43. Europe Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 44. Europe Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 45. China Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 46. China Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 47. China Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 48. Japan Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 49. Japan Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 50. Japan Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 51. South Korea Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 52. South Korea Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 53. South Korea Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 54. Southeast Asia Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 55. Southeast Asia Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 56. Southeast Asia Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 57. India Electrical Steels Sales Value, (2020-2031) & (US$ Million)
Figure 58. India Electrical Steels Sales Value by Type (%), 2024 VS 2031
Figure 59. India Electrical Steels Sales Value by Application (%), 2024 VS 2031
Figure 60. Electrical Steels Industrial Chain
Figure 61. Electrical Steels Manufacturing Cost Structure
Figure 62. Channels of Distribution (Direct Sales, and Distribution)
Figure 63. Bottom-up and Top-down Approaches for This Report
Figure 64. Data Triangulation
Figure 65. Key Executives Interviewed
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?
Which region is expected to have the highest market share?
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?
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