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Global Electrical Steels Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Industry: Electronics & Semiconductor

Published Date: 2025-03-28

Pages: 177 Pages

Report ld: 4675915

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Description
Table of Contents
Table of Figures
Related Reports
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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

In 2024, the global market size of Electrical Steels was estimated to be worth US$ 27280 million and is forecast to reach approximately 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%.

biaoTi 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 sales volume (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, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

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

Segment by Type

Oriented Electrical Steels

Non-Oriented Electrical Steels

Segment by Application

Transformer

Power Generator

Electric Motor

Others

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Sales (consumption), revenue of Electrical Steels in global and regional 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 of each country in the world.

Chapter 3: Detailed analysis of Electrical Steels manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electrical Steels sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.

Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.

Chapter 13: 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 14: Research Findings and Conclusion.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

TABLE OF CONTENTS

1 Study Coverage

1.1 Electrical Steels Product Introduction

1.2 Market by Type

1.2.1 Global Electrical Steels Market Size Growth Rate by Type (2020 VS 2024 VS 2031)

1.2.2 Oriented Electrical Steels

1.2.3 Non-Oriented Electrical Steels

1.3 Market by Application

1.3.1 Global Electrical Steels Market Size Growth Rate by Application (2020 VS 2024 VS 2031)

1.3.2 Transformer

1.3.3 Power Generator

1.3.4 Electric Motor

1.3.5 Others

1.4 Study Objectives

1.5 Years Considered

2 Executive Summary

2.1 Global Electrical Steels Market Size Estimates and Forecasts

2.1.1 Global Electrical Steels Revenue 2020-2031

2.1.2 Global Electrical Steels Sales 2020-2031

2.2 Electrical Steels Market Size by Region: 2024 Versus 2031

2.3 Electrical Steels Sales by Region (2020-2031)

2.3.1 Global Electrical Steels Sales by Region: 2020-2025

2.3.2 Global Electrical Steels Sales Forecast by Region (2026-2031)

2.3.3 Global Electrical Steels Sales Market Share by Region (2020-2031)

2.4 Electrical Steels Market Estimates and Projections by Region (2026-2031)

2.4.1 Global Electrical Steels Revenue by Region: 2020-2025

2.4.2 Global Electrical Steels Revenue Forecast by Region (2026-2031)

2.4.3 Global Electrical Steels Revenue Market Share by Region (2020-2031)

3 Market Segments

3.1 Breakdown Data by Type

3.1.1 Global Electrical Steels Sales by Type (2020-2031)

3.1.1.1 Global Electrical Steels Sales Volume by Type (2020-2031)

3.1.1.2 Global Electrical Steels Sales Market Share by Type (2020-2031)

3.1.2 Global Electrical Steels Revenue by Type (2020-2031)

3.1.2.1 Global Electrical Steels Revenue by Type (2020-2031)

3.1.2.2 Global Electrical Steels Revenue Market Share by Type (2020-2031)

3.1.3 Electrical Steels Average Selling Price (ASP) by Type (2020-2031)

3.2 Breakdown Data by Application

3.2.1 Global Electrical Steels Sales by Application (2020-2031)

3.2.1.1 Global Electrical Steels Sales Volume by Application (2020-2031)

3.2.1.2 Global Electrical Steels Sales Market Share by Application (2020-2031)

3.2.2 Global Electrical Steels Revenue by Application (2020-2031)

3.2.2.1 Global Electrical Steels Revenue by Application (2020-2031)

3.2.2.2 Global Electrical Steels Revenue Market Share by Application (2020-2031)

3.2.3 Electrical Steels Average Selling Price (ASP) by Application (2020-2031)

3.3 by Type and by Application Crossing Analysis

3.3.1 Oriented Electrical Steels of Electrical Steels Revenue Market Share by Application

3.3.2 Non-Oriented Electrical Steels of Electrical Steels Revenue Market Share by Application

4 Global Electrical Steels by Manufacturers

4.1 Global Top Electrical Steels Manufacturers by Sales (2020-2025)

4.1.1 Global Electrical Steels Sales by Manufacturer (2020-2025)

4.1.2 Global Electrical Steels Sales Market Share by Manufacturer (2020-2025)

4.2 Global Top Electrical Steels Manufacturers by Revenue (2020-2025)

4.2.1 Global Electrical Steels Revenue by Manufacturer (2020-2025)

4.2.2 Global Electrical Steels Revenue Share by Manufacturer (2020-2025)

4.3 Global Electrical Steels Price by Manufacturer (2020-2025)

4.4 Competitive Landscape

4.4.1 Key Electrical Steels Manufacturers Covered: Ranking by Revenue

4.4.2 Global Electrical Steels Market Concentration Ratio (CR5 and HHI) & (2020-2025)

4.4.3 Global Electrical Steels Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

4.5 Global Electrical Steels Manufacturing Base Distribution, Product Type

4.5.1 Electrical Steels Manufacturers Manufacturing Base Distribution, Headquarters

4.5.2 Date of International Manufacturers Enter into Electrical Steels Market

4.5.3 Manufacturers Electrical Steels Product Type and Application

4.5.4 Oriented Electrical Steels Market Sales of Electrical Steels by Manufacturer

4.5.5 Non-Oriented Electrical Steels Market Sales of Electrical Steels by Manufacturer

4.6 Manufacturers Mergers & Acquisitions, Expansion Plans

5 Company Profiles

5.1 Baowu Group

5.1.1 Baowu Group Company Information

5.1.2 Baowu Group Description, Business Overview

5.1.3 Baowu Group Electrical Steels Products Offered

5.1.4 Baowu Group Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.1.5 Baowu Group Electrical Steels Sales by Product in 2024

5.1.6 Baowu Group Electrical Steels Sales by Application in 2024

5.1.7 Baowu Group Electrical Steels Sales by Geographic Area in 2024

5.1.8 Baowu Group Recent Developments

5.2 AK Steel

5.2.1 AK Steel Company Information

5.2.2 AK Steel Description, Business Overview

5.2.3 AK Steel Electrical Steels Products Offered

5.2.4 AK Steel Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.2.5 AK Steel Electrical Steels Sales by Product in 2024

5.2.6 AK Steel Electrical Steels Sales by Application in 2024

5.2.7 AK Steel Electrical Steels Sales by Geographic Area in 2024

5.2.8 AK Steel Recent Developments

5.3 Ansteel

5.3.1 Ansteel Company Information

5.3.2 Ansteel Description, Business Overview

5.3.3 Ansteel Electrical Steels Products Offered

5.3.4 Ansteel Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.3.5 Ansteel Electrical Steels Sales by Product in 2024

5.3.6 Ansteel Electrical Steels Sales by Application in 2024

5.3.7 Ansteel Electrical Steels Sales by Geographic Area in 2024

5.3.8 Ansteel Recent Developments

5.4 ArcelorMittal

5.4.1 ArcelorMittal Company Information

5.4.2 ArcelorMittal Description, Business Overview

5.4.3 ArcelorMittal Electrical Steels Products Offered

5.4.4 ArcelorMittal Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.4.5 ArcelorMittal Electrical Steels Sales by Product in 2024

5.4.6 ArcelorMittal Electrical Steels Sales by Application in 2024

5.4.7 ArcelorMittal Electrical Steels Sales by Geographic Area in 2024

5.4.8 ArcelorMittal Recent Developments

5.5 Benxi Iron & Steel (Group)

5.5.1 Benxi Iron & Steel (Group) Company Information

5.5.2 Benxi Iron & Steel (Group) Description, Business Overview

5.5.3 Benxi Iron & Steel (Group) Electrical Steels Products Offered

5.5.4 Benxi Iron & Steel (Group) Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.5.5 Benxi Iron & Steel (Group) Electrical Steels Sales by Product in 2024

5.5.6 Benxi Iron & Steel (Group) Electrical Steels Sales by Application in 2024

5.5.7 Benxi Iron & Steel (Group) Electrical Steels Sales by Geographic Area in 2024

5.5.8 Benxi Iron & Steel (Group) Recent Developments

5.6 CSC

5.6.1 CSC Company Information

5.6.2 CSC Description, Business Overview

5.6.3 CSC Electrical Steels Products Offered

5.6.4 CSC Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.6.5 CSC Electrical Steels Sales by Product in 2024

5.6.6 CSC Electrical Steels Sales by Application in 2024

5.6.7 CSC Electrical Steels Sales by Geographic Area in 2024

5.6.8 CSC Recent Developments

5.7 JFE Steel

5.7.1 JFE Steel Company Information

5.7.2 JFE Steel Description, Business Overview

5.7.3 JFE Steel Electrical Steels Products Offered

5.7.4 JFE Steel Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.7.5 JFE Steel Electrical Steels Sales by Product in 2024

5.7.6 JFE Steel Electrical Steels Sales by Application in 2024

5.7.7 JFE Steel Electrical Steels Sales by Geographic Area in 2024

5.7.8 JFE Steel Recent Developments

5.8 Nippon Steel Corporation

5.8.1 Nippon Steel Corporation Company Information

5.8.2 Nippon Steel Corporation Description, Business Overview

5.8.3 Nippon Steel Corporation Electrical Steels Products Offered

5.8.4 Nippon Steel Corporation Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.8.5 Nippon Steel Corporation Electrical Steels Sales by Product in 2024

5.8.6 Nippon Steel Corporation Electrical Steels Sales by Application in 2024

5.8.7 Nippon Steel Corporation Electrical Steels Sales by Geographic Area in 2024

5.8.8 Nippon Steel Corporation Recent Developments

5.9 NLMK Group

5.9.1 NLMK Group Company Information

5.9.2 NLMK Group Description, Business Overview

5.9.3 NLMK Group Electrical Steels Products Offered

5.9.4 NLMK Group Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.9.5 NLMK Group Electrical Steels Sales by Product in 2024

5.9.6 NLMK Group Electrical Steels Sales by Application in 2024

5.9.7 NLMK Group Electrical Steels Sales by Geographic Area in 2024

5.9.8 NLMK Group Recent Developments

5.10 Posco

5.10.1 Posco Company Information

5.10.2 Posco Description, Business Overview

5.10.3 Posco Electrical Steels Products Offered

5.10.4 Posco Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.10.5 Posco Electrical Steels Sales by Product in 2024

5.10.6 Posco Electrical Steels Sales by Application in 2024

5.10.7 Posco Electrical Steels Sales by Geographic Area in 2024

5.10.8 Posco Recent Developments

5.11 Shougang Group

5.11.1 Shougang Group Company Information

5.11.2 Shougang Group Description, Business Overview

5.11.3 Shougang Group Electrical Steels Products Offered

5.11.4 Shougang Group Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.11.5 Shougang Group Electrical Steels Sales by Product in 2024

5.11.6 Shougang Group Electrical Steels Sales by Application in 2024

5.11.7 Shougang Group Electrical Steels Sales by Geographic Area in 2024

5.11.8 Shougang Group Recent Developments

5.12 Stalprodukt S.A.

5.12.1 Stalprodukt S.A. Company Information

5.12.2 Stalprodukt S.A. Description, Business Overview

5.12.3 Stalprodukt S.A. Electrical Steels Products Offered

5.12.4 Stalprodukt S.A. Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.12.5 Stalprodukt S.A. Electrical Steels Sales by Product in 2024

5.12.6 Stalprodukt S.A. Electrical Steels Sales by Application in 2024

5.12.7 Stalprodukt S.A. Electrical Steels Sales by Geographic Area in 2024

5.12.8 Stalprodukt S.A. Recent Developments

5.13 TATA Steel

5.13.1 TATA Steel Company Information

5.13.2 TATA Steel Description, Business Overview

5.13.3 TATA Steel Electrical Steels Products Offered

5.13.4 TATA Steel Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.13.5 TATA Steel Electrical Steels Sales by Product in 2024

5.13.6 TATA Steel Electrical Steels Sales by Application in 2024

5.13.7 TATA Steel Electrical Steels Sales by Geographic Area in 2024

5.13.8 TATA Steel Recent Developments

5.14 ThyssenKrupp

5.14.1 ThyssenKrupp Company Information

5.14.2 ThyssenKrupp Description, Business Overview

5.14.3 ThyssenKrupp Electrical Steels Products Offered

5.14.4 ThyssenKrupp Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.14.5 ThyssenKrupp Electrical Steels Sales by Product in 2024

5.14.6 ThyssenKrupp Electrical Steels Sales by Application in 2024

5.14.7 ThyssenKrupp Electrical Steels Sales by Geographic Area in 2024

5.14.8 ThyssenKrupp Recent Developments

5.15 TISCO

5.15.1 TISCO Company Information

5.15.2 TISCO Description, Business Overview

5.15.3 TISCO Electrical Steels Products Offered

5.15.4 TISCO Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.15.5 TISCO Electrical Steels Sales by Product in 2024

5.15.6 TISCO Electrical Steels Sales by Application in 2024

5.15.7 TISCO Electrical Steels Sales by Geographic Area in 2024

5.15.8 TISCO Recent Developments

5.16 Voestalpine

5.16.1 Voestalpine Company Information

5.16.2 Voestalpine Description, Business Overview

5.16.3 Voestalpine Electrical Steels Products Offered

5.16.4 Voestalpine Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.16.5 Voestalpine Electrical Steels Sales by Product in 2024

5.16.6 Voestalpine Electrical Steels Sales by Application in 2024

5.16.7 Voestalpine Electrical Steels Sales by Geographic Area in 2024

5.16.8 Voestalpine Recent Developments

5.17 Masteel

5.17.1 Masteel Company Information

5.17.2 Masteel Description, Business Overview

5.17.3 Masteel Electrical Steels Products Offered

5.17.4 Masteel Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.17.5 Masteel Electrical Steels Sales by Product in 2024

5.17.6 Masteel Electrical Steels Sales by Application in 2024

5.17.7 Masteel Electrical Steels Sales by Geographic Area in 2024

5.17.8 Masteel Recent Developments

5.18 APERAM

5.18.1 APERAM Company Information

5.18.2 APERAM Description, Business Overview

5.18.3 APERAM Electrical Steels Products Offered

5.18.4 APERAM Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.18.5 APERAM Electrical Steels Sales by Product in 2024

5.18.6 APERAM Electrical Steels Sales by Application in 2024

5.18.7 APERAM Electrical Steels Sales by Geographic Area in 2024

5.18.8 APERAM Recent Developments

5.19 Nucor

5.19.1 Nucor Company Information

5.19.2 Nucor Description, Business Overview

5.19.3 Nucor Electrical Steels Products Offered

5.19.4 Nucor Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.19.5 Nucor Electrical Steels Sales by Product in 2024

5.19.6 Nucor Electrical Steels Sales by Application in 2024

5.19.7 Nucor Electrical Steels Sales by Geographic Area in 2024

5.19.8 Nucor Recent Developments

5.20 ATI Metals

5.20.1 ATI Metals Company Information

5.20.2 ATI Metals Description, Business Overview

5.20.3 ATI Metals Electrical Steels Products Offered

5.20.4 ATI Metals Electrical Steels Sales, Revenue and Gross Margin (2020-2025)

5.20.5 ATI Metals Electrical Steels Sales by Product in 2024

5.20.6 ATI Metals Electrical Steels Sales by Application in 2024

5.20.7 ATI Metals Electrical Steels Sales by Geographic Area in 2024

5.20.8 ATI Metals Recent Developments

6 North America

6.1 North America Electrical Steels Market Size YoY Growth 2020-2031

6.2 North America Electrical Steels Market Facts & Figures by Country

6.2.1 North America Electrical Steels Sales by Country (2020-2031)

6.2.2 North America Electrical Steels Revenue by Country (2020-2031)

6.3 North America Electrical Steels Sales by Type (2020-2025)

6.4 North America Electrical Steels Sales by Application (2020-2025)

7 Asia-Pacific

7.1 Asia-Pacific Electrical Steels Market Size YoY Growth 2020-2031

7.2 Asia-Pacific Electrical Steels Market Facts & Figures by Region

7.2.1 Asia-Pacific Electrical Steels Sales by Region (2020-2031)

7.2.2 Asia-Pacific Electrical Steels Revenue by Region (2020-2031)

7.3 Asia-Pacific Electrical Steels Sales by Type (2020-2025)

7.4 Asia-Pacific Electrical Steels Sales by Application (2020-2025)

8 Europe

8.1 Europe Electrical Steels Market Size YoY Growth 2020-2031

8.2 Europe Electrical Steels Market Facts & Figures by Country

8.2.1 Europe Electrical Steels Sales by Country (2020-2031)

8.2.2 Europe Electrical Steels Revenue by Country (2020-2031)

8.3 Europe Electrical Steels Sales by Type (2020-2025)

8.4 Europe Electrical Steels Sales by Application (2020-2025)

9 Latin America

9.1 Latin America Electrical Steels Market Size YoY Growth 2020-2031

9.2 Latin America Electrical Steels Market Facts & Figures by Country

9.2.1 Latin America Electrical Steels Sales by Country (2020-2031)

9.2.2 Latin America Electrical Steels Revenue by Country (2020-2031)

9.3 Latin America Electrical Steels Sales by Type (2020-2025)

9.4 Latin America Electrical Steels Sales by Application (2020-2025)

10 Middle East and Africa

10.1 Latin America Electrical Steels Market Size YoY Growth 2020-2031

10.2 Middle East and Africa Electrical Steels Market Facts & Figures by Country

10.2.1 Middle East and Africa Electrical Steels Sales by Country (2020-2031)

10.2.2 Middle East and Africa Electrical Steels Revenue by Country (2020-2031)

10.3 Middle East and Africa Electrical Steels Sales by Type (2020-2025)

10.4 Middle East and Africa Electrical Steels Sales by Application (2020-2025)

11 Supply Chain and Sales Channel analysis

11.1 Electrical Steels Supply Chain Analysis

11.2 Electrical Steels Key Raw Materials and Upstream Suppliers

11.3 Electrical Steels Clients Analysis

11.4 Electrical Steels Sales Channel and Sales Model Analysis

11.4.1 Electrical Steels Distribution Channel Analysis: Indirect Sales VS Direct Sales

11.4.2 Electrical Steels Distribution Channel Analysis: Online Sales VS Offline Sales

11.4.3 Electrical Steels Distributors

12 Electrical Steels Market Dynamics

12.1 Electrical Steels Industry Trends

12.2 Electrical Steels Market Drivers

12.3 Electrical Steels Market Challenges

12.4 Electrical Steels Market Restraints

13 Research Findings and Conclusion

14 Appendix

14.1 Research Methodology

14.1.1 Methodology/Research Approach

14.1.1.1 Research Programs/Design

14.1.1.2 Market Size Estimation

14.1.1.3 Market Breakdown and Data Triangulation

14.1.2 Data Source

14.1.2.1 Secondary Sources

14.1.2.2 Primary Sources

14.2 Author Details

14.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Electrical Steels Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Global Electrical Steels Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 3. Global Electrical Steels Market Size by Region (US$ Million): 2024 VS 2031

Table 4. Global Electrical Steels Sales by Region (2020-2025) & (K MT)

Table 5. Global Electrical Steels Sales Forecast by Region (2026-2031) & (K MT)

Table 6. Global Electrical Steels Revenue by Region (2020-2025) & (US$ Million)

Table 7. Global Electrical Steels Revenue Forecast by Region (2026-2031) & (US$ Million)

Table 8. Global Electrical Steels Sales Volume by Type (2020-2025) & (K MT)

Table 9. Global Electrical Steels Sales Volume by Type (2026-2031) & (K MT)

Table 10. Global Electrical Steels Revenue by Type (2020-2025) & (US$ Million)

Table 11. Global Electrical Steels Revenue Forecast by Type (2026-2031) & (US$ Million)

Table 12. Global Electrical Steels Sales Volume by Application (2020-2025) & (K MT)

Table 13. Global Electrical Steels Sales Volume by Application (2026-2031) & (K MT)

Table 14. Global Electrical Steels Revenue by Application (2020-2025) & (US$ Million)

Table 15. Global Electrical Steels Revenue by Application (2026-2031) & (US$ Million)

Table 16. Global Electrical Steels Sales by Manufacturer (2020-2025) & (K MT)

Table 17. Global Electrical Steels Sales Share by Manufacturer (2020-2025)

Table 18. Electrical Steels Revenue by Manufacturer (2020-2025) & (US$ Million)

Table 19. Electrical Steels Revenue Share by Manufacturer (2020-2025)

Table 20. Key Manufacturers Electrical Steels Price (2020-2025) & (USD/MT)

Table 21. Ranking of Global Top Electrical Steels Manufacturers by Revenue (US$ Million) in 2024

Table 22. Global Electrical Steels Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)

Table 23. Global Electrical Steels by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electrical Steels as of 2024)

Table 24. Electrical Steels Manufacturers Manufacturing Base Distribution and Headquarters

Table 25. Date of International Manufacturers Enter into Electrical Steels Market

Table 26. Manufacturers Electrical Steels Product Type and Application

Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans

Table 28. Baowu Group Company Information

Table 29. Baowu Group Description and Business Overview

Table 30. Baowu Group Electrical Steels Product

Table 31. Baowu Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 32. Baowu Group Sales Proportion of Electrical Steels by Product in 2024

Table 33. Baowu Group Sales Proportion of Electrical Steels by Application in 2024

Table 34. Baowu Group Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 35. Baowu Group Recent Developments

Table 36. AK Steel Company Information

Table 37. AK Steel Description and Business Overview

Table 38. AK Steel Electrical Steels Product

Table 39. AK Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 40. AK Steel Sales Proportion of Electrical Steels by Product in 2024

Table 41. AK Steel Sales Proportion of Electrical Steels by Application in 2024

Table 42. AK Steel Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 43. AK Steel Recent Developments

Table 44. Ansteel Company Information

Table 45. Ansteel Description and Business Overview

Table 46. Ansteel Electrical Steels Product

Table 47. Ansteel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 48. Ansteel Sales Proportion of Electrical Steels by Product in 2024

Table 49. Ansteel Sales Proportion of Electrical Steels by Application in 2024

Table 50. Ansteel Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 51. Ansteel Recent Developments

Table 52. ArcelorMittal Company Information

Table 53. ArcelorMittal Description and Business Overview

Table 54. ArcelorMittal Electrical Steels Product

Table 55. ArcelorMittal Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 56. ArcelorMittal Sales Proportion of Electrical Steels by Product in 2024

Table 57. ArcelorMittal Sales Proportion of Electrical Steels by Application in 2024

Table 58. ArcelorMittal Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 59. ArcelorMittal Recent Developments

Table 60. Benxi Iron & Steel (Group) Company Information

Table 61. Benxi Iron & Steel (Group) Description and Business Overview

Table 62. Benxi Iron & Steel (Group) Electrical Steels Product

Table 63. Benxi Iron & Steel (Group) Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 64. Benxi Iron & Steel (Group) Sales Proportion of Electrical Steels by Product in 2024

Table 65. Benxi Iron & Steel (Group) Sales Proportion of Electrical Steels by Application in 2024

Table 66. Benxi Iron & Steel (Group) Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 67. Benxi Iron & Steel (Group) Recent Developments

Table 68. CSC Company Information

Table 69. CSC Description and Business Overview

Table 70. CSC Electrical Steels Product

Table 71. CSC Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 72. CSC Sales Proportion of Electrical Steels by Product in 2024

Table 73. CSC Sales Proportion of Electrical Steels by Application in 2024

Table 74. CSC Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 75. CSC Recent Developments

Table 76. JFE Steel Company Information

Table 77. JFE Steel Description and Business Overview

Table 78. JFE Steel Electrical Steels Product

Table 79. JFE Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 80. JFE Steel Sales Proportion of Electrical Steels by Product in 2024

Table 81. JFE Steel Sales Proportion of Electrical Steels by Application in 2024

Table 82. JFE Steel Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 83. JFE Steel Recent Developments

Table 84. Nippon Steel Corporation Company Information

Table 85. Nippon Steel Corporation Description and Business Overview

Table 86. Nippon Steel Corporation Electrical Steels Product

Table 87. Nippon Steel Corporation Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 88. Nippon Steel Corporation Sales Proportion of Electrical Steels by Product in 2024

Table 89. Nippon Steel Corporation Sales Proportion of Electrical Steels by Application in 2024

Table 90. Nippon Steel Corporation Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 91. Nippon Steel Corporation Recent Developments

Table 92. NLMK Group Company Information

Table 93. NLMK Group Description and Business Overview

Table 94. NLMK Group Electrical Steels Product

Table 95. NLMK Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 96. NLMK Group Sales Proportion of Electrical Steels by Product in 2024

Table 97. NLMK Group Sales Proportion of Electrical Steels by Application in 2024

Table 98. NLMK Group Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 99. NLMK Group Recent Developments

Table 100. Posco Company Information

Table 101. Posco Description and Business Overview

Table 102. Posco Electrical Steels Product

Table 103. Posco Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 104. Posco Sales Proportion of Electrical Steels by Product in 2024

Table 105. Posco Sales Proportion of Electrical Steels by Application in 2024

Table 106. Posco Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 107. Posco Recent Developments

Table 108. Shougang Group Company Information

Table 109. Shougang Group Description and Business Overview

Table 110. Shougang Group Electrical Steels Product

Table 111. Shougang Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 112. Shougang Group Sales Proportion of Electrical Steels by Product in 2024

Table 113. Shougang Group Sales Proportion of Electrical Steels by Application in 2024

Table 114. Shougang Group Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 115. Shougang Group Recent Developments

Table 116. Stalprodukt S.A. Company Information

Table 117. Stalprodukt S.A. Description and Business Overview

Table 118. Stalprodukt S.A. Electrical Steels Product

Table 119. Stalprodukt S.A. Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 120. Stalprodukt S.A. Sales Proportion of Electrical Steels by Product in 2024

Table 121. Stalprodukt S.A. Sales Proportion of Electrical Steels by Application in 2024

Table 122. Stalprodukt S.A. Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 123. Stalprodukt S.A. Recent Developments

Table 124. TATA Steel Company Information

Table 125. TATA Steel Description and Business Overview

Table 126. TATA Steel Electrical Steels Product

Table 127. TATA Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 128. TATA Steel Sales Proportion of Electrical Steels by Product in 2024

Table 129. TATA Steel Sales Proportion of Electrical Steels by Application in 2024

Table 130. TATA Steel Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 131. TATA Steel Recent Developments

Table 132. ThyssenKrupp Company Information

Table 133. ThyssenKrupp Description and Business Overview

Table 134. ThyssenKrupp Electrical Steels Product

Table 135. ThyssenKrupp Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 136. ThyssenKrupp Sales Proportion of Electrical Steels by Product in 2024

Table 137. ThyssenKrupp Sales Proportion of Electrical Steels by Application in 2024

Table 138. ThyssenKrupp Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 139. ThyssenKrupp Recent Developments

Table 140. TISCO Company Information

Table 141. TISCO Description and Business Overview

Table 142. TISCO Electrical Steels Product

Table 143. TISCO Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 144. TISCO Sales Proportion of Electrical Steels by Product in 2024

Table 145. TISCO Sales Proportion of Electrical Steels by Application in 2024

Table 146. TISCO Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 147. TISCO Recent Developments

Table 148. Voestalpine Company Information

Table 149. Voestalpine Description and Business Overview

Table 150. Voestalpine Electrical Steels Product

Table 151. Voestalpine Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 152. Voestalpine Sales Proportion of Electrical Steels by Product in 2024

Table 153. Voestalpine Sales Proportion of Electrical Steels by Application in 2024

Table 154. Voestalpine Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 155. Voestalpine Recent Developments

Table 156. Masteel Company Information

Table 157. Masteel Description and Business Overview

Table 158. Masteel Electrical Steels Product

Table 159. Masteel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 160. Masteel Sales Proportion of Electrical Steels by Product in 2024

Table 161. Masteel Sales Proportion of Electrical Steels by Application in 2024

Table 162. Masteel Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 163. Masteel Recent Developments

Table 164. APERAM Company Information

Table 165. APERAM Description and Business Overview

Table 166. APERAM Electrical Steels Product

Table 167. APERAM Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 168. APERAM Sales Proportion of Electrical Steels by Product in 2024

Table 169. APERAM Sales Proportion of Electrical Steels by Application in 2024

Table 170. APERAM Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 171. APERAM Recent Developments

Table 172. Nucor Company Information

Table 173. Nucor Description and Business Overview

Table 174. Nucor Electrical Steels Product

Table 175. Nucor Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 176. Nucor Sales Proportion of Electrical Steels by Product in 2024

Table 177. Nucor Sales Proportion of Electrical Steels by Application in 2024

Table 178. Nucor Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 179. Nucor Recent Developments

Table 180. ATI Metals Company Information

Table 181. ATI Metals Description and Business Overview

Table 182. ATI Metals Electrical Steels Product

Table 183. ATI Metals Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 184. ATI Metals Sales Proportion of Electrical Steels by Product in 2024

Table 185. ATI Metals Sales Proportion of Electrical Steels by Application in 2024

Table 186. ATI Metals Sales Proportion of Electrical Steels by Geographic Area in 2024

Table 187. ATI Metals Recent Developments

Table 188. North America Electrical Steels Sales by Country (2020-2025) & (K MT)

Table 189. North America Electrical Steels Sales by Country (2026-2031) & (K MT)

Table 190. North America Electrical Steels Revenue by Country (2020-2025) & (US$ Million)

Table 191. North America Electrical Steels Revenue by Country (2026-2031) & (US$ Million)

Table 192. North America Electrical Steels Sales by Type (2020-2025) & (K MT)

Table 193. North America Electrical Steels Sales by Application (2020-2025) & (K MT)

Table 194. Asia-Pacific Electrical Steels Sales by Region (2020-2025) & (K MT)

Table 195. Asia-Pacific Electrical Steels Sales by Region (2026-2031) & (K MT)

Table 196. Asia-Pacific Electrical Steels Revenue by Region (2020-2025) & (US$ Million)

Table 197. Asia-Pacific Electrical Steels Revenue by Region (2026-2031) & (US$ Million)

Table 198. Asia-Pacific Electrical Steels Sales by Type (2020-2025) & (K MT)

Table 199. Asia-Pacific Electrical Steels Sales by Application (2020-2025) & (K MT)

Table 200. Europe Electrical Steels Sales by Country (2020-2025) & (K MT)

Table 201. Europe Electrical Steels Sales by Country (2026-2031) & (K MT)

Table 202. Europe Electrical Steels Revenue by Country (2020-2025) & (US$ Million)

Table 203. Europe Electrical Steels Revenue by Country (2026-2031) & (US$ Million)

Table 204. Europe Electrical Steels Sales by Type (2020-2025) & (K MT)

Table 205. Europe Electrical Steels Sales by Application (2020-2025) & (K MT)

Table 206. Latin America Electrical Steels Sales by Country (2020-2025) & (K MT)

Table 207. Latin America Electrical Steels Sales by Country (2026-2031) & (K MT)

Table 208. Latin America Electrical Steels Revenue by Country (2020-2025) & (US$ Million)

Table 209. Latin America Electrical Steels Revenue by Country (2026-2031) & (US$ Million)

Table 210. Latin America Electrical Steels Sales by Type (2020-2025) & (K MT)

Table 211. Latin America Electrical Steels Sales by Application (2020-2025) & (K MT)

Table 212. Middle East and Africa Electrical Steels Sales by Country (2020-2025) & (K MT)

Table 213. Middle East and Africa Electrical Steels Sales by Country (2026-2031) & (K MT)

Table 214. Middle East and Africa Electrical Steels Revenue by Country (2020-2025) & (US$ Million)

Table 215. Middle East and Africa Electrical Steels Revenue by Country (2026-2031) & (US$ Million)

Table 216. Middle East and Africa Electrical Steels Sales by Type (2020-2025) & (K MT)

Table 217. Middle East and Africa Electrical Steels Sales by Application (2020-2025) & (K MT)

Table 218. Electrical Steels Key Raw Materials, Industry Status and Trend

Table 219. Electrical Steels Key Raw Materials and Upstream Suppliers

Table 220. Electrical Steels Clients Status and Trend

Table 221. Electrical Steels Typical Clients

Table 222. Electrical Steels Distributors

Table 223. Electrical Steels Market Trends

Table 224. Electrical Steels Market Drivers

Table 225. Electrical Steels Market Challenges

Table 226. Electrical Steels Market Restraints

Table 227. Research Programs/Design for This Report

Table 228. Key Data Information from Secondary Sources

Table 229. Key Data Information from Primary Sources

Table 230. QYR Business Unit and Senior & Team Lead Analysts

List of Figures

Figure 1. Electrical Steels Product Picture

Figure 2. Global Electrical Steels Market Size by Type (US$ Million): 2020 VS 2024 VS 2031

Figure 3. Global Electrical Steels Sales Market Share by Type in 2024 & 2031

Figure 4. Oriented Electrical Steels Product Picture

Figure 5. Non-Oriented Electrical Steels Product Picture

Figure 6. Global Electrical Steels Market Size by Application (US$ Million): 2020 VS 2024 VS 2031

Figure 7. Global Electrical Steels Sales Market Share by Application in 2024 & 2031

Figure 8. Transformer

Figure 9. Power Generator

Figure 10. Electric Motor

Figure 11. Others

Figure 12. Electrical Steels Report Years Considered

Figure 13. Global Electrical Steels Revenue, (US$ Million), 2020 VS 2024 VS 2031

Figure 14. Global Electrical Steels Market Size 2020-2031 (US$ Million)

Figure 15. Global Electrical Steels Sales 2020-2031 (K MT)

Figure 16. Global Electrical Steels Sales Market Share Forecast by Region (2020-2031)

Figure 17. Global Electrical Steels Revenue Market Share by Region (2020-2031)

Figure 18. Global Electrical Steels Sales Market Share Forecast by Type (2020-2031)

Figure 19. Global Electrical Steels Revenue Market Share Forecast by Type (2020-2031)

Figure 20. Electrical Steels Average Selling Price (ASP) by Type (2020-2025) & (USD/MT)

Figure 21. Global Electrical Steels Sales Market Share Forecast by Application (2020-2031)

Figure 22. Global Electrical Steels Revenue Market Share Forecast by Application (2020-2031)

Figure 23. Electrical Steels Average Selling Price (ASP) by Application (2020-2025) & (USD/MT)

Figure 24. Oriented Electrical Steels of Electrical Steels Revenue Market Share by Application, 2024 VS 2031

Figure 25. Non-Oriented Electrical Steels of Electrical Steels Revenue Market Share by Application, 2024 VS 2031

Figure 26. Global Electrical Steels Sales Share by Manufacturer in 2024

Figure 27. Electrical Steels Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 28. Oriented Electrical Steels Market Sales Proportion by Manufacturer in 2024

Figure 29. Non-Oriented Electrical Steels Market Sales Proportion by Manufacturer in 2024

Figure 30. North America Electrical Steels Revenue 2020-2031 (US$ Million)

Figure 31. North America Electrical Steels Sales Market Share by Type (2020-2025)

Figure 32. North America Electrical Steels Sales Market Share by Application (2020-2025)

Figure 33. Asia-Pacific Electrical Steels Revenue 2020-2031 (US$ Million)

Figure 34. Asia-Pacific Electrical Steels Sales Market Share by Region (2020-2031)

Figure 35. Asia-Pacific Electrical Steels Revenue Market Share by Region (2020-2031)

Figure 36. Asia-Pacific Electrical Steels Sales Market Share by Type (2020-2025)

Figure 37. Asia-Pacific Electrical Steels Sales Market Share by Application (2020-2025)

Figure 38. Europe Electrical Steels Revenue Growth Rate 2020-2031 (US$ Million)

Figure 39. Europe Electrical Steels Sales Market Share by Country (2020-2031)

Figure 40. Europe Electrical Steels Revenue Market Share by Country (2020-2031)

Figure 41. Europe Electrical Steels Sales Market Share by Type (2020-2025)

Figure 42. Europe Electrical Steels Sales Market Share by Application (2020-2025)

Figure 43. Latin America Electrical Steels Revenue Growth Rate 2020-2031 (US$ Million)

Figure 44. Latin America Electrical Steels Sales Market Share by Country (2020-2031)

Figure 45. Latin America Electrical Steels Revenue Market Share by Country (2020-2025)

Figure 46. Latin America Electrical Steels Sales Market Share by Type (2020-2025)

Figure 47. Latin America Electrical Steels Sales Market Share by Application (2020-2025)

Figure 48. Middle East and Africa Electrical Steels Revenue Growth Rate 2020-2031 (US$ Million)

Figure 49. Middle East and Africa Electrical Steels Sales Market Share by Country (2020-2031)

Figure 50. Middle East and Africa Electrical Steels Revenue Market Share by Country (2020-2031)

Figure 51. Middle East and Africa Electrical Steels Sales Market Share by Type (2020-2025)

Figure 52. Middle East and Africa Electrical Steels Sales Market Share by Application (2020-2025)

Figure 53. Electrical Steels Supply Chain (Upstream and Downstream Market)

Figure 54. Global Production Market Share of Electrical Steels Raw Materials by Region in 2024

Figure 55. Electrical Steels Distribution Channels

Figure 56. Global Electrical Steels Percentage 2020-2031: Indirect Sales VS Direct Sales

Figure 57. Global Electrical Steels Percentage 2020-2031: Online Sales VS Offline Sales

Figure 58. Bottom-up and Top-down Approaches for This Report

Figure 59. Data Triangulation

Figure 60. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

What is the annual compound growth rate of the global Electrical Steels market size from 2025 to 2031? zhanKai

The annual compound growth rate of the global Electrical Steels market is 2.2% 2025 to 2031.

What was the global market size of Electrical Steels in 2025? shouQi

Which companies rank high in the global Electrical Steels market? shouQi

Which region is expected to have the highest market share? shouQi

What was the global market size of Electrical Steels in 2031? shouQi

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USD 5900.00 (Single User License)
Global Electrical Steels Market Insights, Forecast to 2030
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.
Published: 2024-04-07
Pages: 127
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