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全球電工鋼市場：成長、未來展望、競爭分析，2025-2033 年
市場調查報告書
商品編碼
1645259

全球電工鋼市場：成長、未來展望、競爭分析，2025-2033 年

Electrical Steel Market - Growth, Future Prospects and Competitive Analysis, 2025 - 2033
出版日期: | 出版商: Acute Market Reports | 英文 171 Pages | 商品交期: 最快1-2個工作天內

價格

電工鋼市場涵蓋特定類型鋼材的生產和銷售，主要用於電力變壓器、電動機和發電機的製造。電工鋼，也稱為矽鋼或變壓器鋼，用於製造變壓器的鐵芯以及電動機和發電機的定子和轉子。預計 2025 年至 2033 年期間電工鋼板市場的複合年增長率為 4.5%。電工鋼板的特性在於，它能最大限度地減少電力變壓器和電動機在磁化和退磁過程中的能量損失。此屬性對於這些應用中的能源效率和運行性能至關重要。鋼上通常塗有高比例的矽，這可以提高電阻並減少以熱量形式損失的能量。

市場推動因素：再生能源與電動車的成長

電工鋼市場的主要驅動力是再生能源和電動車（EV）產業的全球成長。電工鋼對於風力渦輪機和太陽能電池板等再生能源系統中使用的變壓器和發電機的製造至關重要。隨著世界越來越多地轉向永續能源來應對氣候變化，對再生能源基礎設施的需求正在迅速增長。這一趨勢直接推動了對取向電工鋼的需求，這對於能源傳輸和分配至關重要。同時，電動車市場的快速成長正在推動對無取向電工鋼板的需求。這種鋼材是電動車必不可少的電動馬達的關鍵部件。隨著世界各國政府鼓勵電動車的普及以及製造商擴大其電動車產品，對高效電動馬達以及最終的電工鋼板的需求正在大幅增長。

機會：能源效率與技術進步

電工鋼市場的主要商機在於高效率鋼種的開發與技術創新。隨著能源效率變得越來越重要，對於具有優異磁性能以最大限度減少能量損失的電工鋼板的需求也日益增長。生產過程和材料科學的進步促使了新型、更高效的電工鋼的產生。這一發展不僅迎合了日益增強的環保意識的市場，而且還提高了馬達和變壓器的整體性能。此外，對合金成分和處理過程的不斷研究和開發為進一步改善這種鋼的電磁性能提供了機會，以滿足現代電氣應用不斷變化的需求。

抑制因素：原物料價格波動

然而，原料尤其是矽價格的波動是一個主要阻礙因素。電工鋼板的成本在很大程度上受其生產中大量使用的矽的價格的影響。矽價的波動導致電工鋼價格波動，影響製造商的獲利能力和最終用戶的負擔能力。這種波動給電工鋼產業帶來了課題，並可能影響再生能源和電動車生產等領域的投資決策和新項目開發。

課題：環境影響與永續性

電工鋼板市場的關鍵問題之一是解決生產過程對環境的影響和永續性。電工鋼的生產，尤其是高矽含量的電工鋼的生產，涉及能源密集型工藝，會導致碳排放。此外，開採和提煉矽和其他原料也會對環境產生影響。隨著全球注意力轉向永續實踐，該行業面臨著減少對環境影響的課題。這包括採用清潔的生產技術、改善廢棄物管理和探索替代的、更環保的材料和製程。平衡日益增長的電工鋼需求與永續生產實踐的需求對於市場的長期生存至關重要。

依產品進行市場區隔

電工鋼板市場依產品分為取向電工鋼板和無取向電工鋼板。無取向電工鋼板目前產生的收入最高，因為它們廣泛應用於汽車和家電領域的馬達和電感器等各種用途。這種類型的鋼因其多功能性和高效性而在磁通方向不恆定的應用中受到青睞。另一方面，取向電工鋼的複合年增長率（CAGR）最高。該領域的成長是由配電和輸電網路對節能變壓器的需求不斷增長，特別是隨著再生能源基礎設施的擴張而推動的。取向電工鋼具有優異的磁性能，是變壓器鐵芯不可或缺的材料，可顯著降低能量損失，並提高電力傳輸效率。

按應用細分市場

按應用劃分，市場動態因變壓器、電動機、電感器等行業而異。由於變壓器在能源分配中的重要作用以及全球對電力的需求不斷增長，變壓器部門佔據了市場最大的收入佔有率。傳統能源和再生能源領域對高效可靠變壓器的需求推動了對高品質電工鋼的需求。然而，受快速成長的電動車（EV）產業以及電動馬達在各種工業和消費應用中日益廣泛的使用所推動，汽車產業預計將實現最高的複合年增長率。隨著世界走向電氣化和自動化，對高效能、高性能電動機的需求迅速增長，推動了馬達應用無取向電工鋼領域的成長。電工鋼的多樣化應用使其成為現代基礎設施的重要組成部分，並凸顯了其在正在進行的全球能源轉型和工業進步中的重要性。

區域見解

在電工鋼板市場的地理細分中，各種區域趨勢都很突出。 2024 年，以中國和印度為主導的亞太地區預計將為市場創造最高的收入。這主要歸功於該地區製造業（特別是汽車和電子產業）的實力以及不斷擴大的可再生能源基礎設施。這些快速工業化的經濟體中存在大型電工鋼製造商，並且對變壓器和電動馬達的高需求促成了這種主導地位。預計 2025 年至 2033 年期間亞太地區的複合年增長率 (CAGR) 最高。這一增長將受到該地區工業化程度的提高、發電和配電投資的增加以及電動車市場的不斷增長的推動。

主要公司分析

就電工鋼板市場主要參與者的競爭趨勢和策略而言，2024 年企業將專注於產能擴張、技術進步和策略夥伴關係。安賽樂米塔爾、克裡夫蘭克利夫斯公司、JFE鋼鐵公司、新日本製鐵公司、浦項製鐵公司、塔塔鋼鐵公司和蒂森克虜伯股份公司等主要市場參與者憑藉全面的高品質取向和無取向電工鋼產品引領著產業發展。這些公司投資研發以提高其產品的效率和性能，以滿足能源和汽車產業不斷變化的需求。在 2025-2033 年的預測期內，預計參與者將繼續優先考慮材料科學方面的創新，以改善電工鋼的磁性並減少變壓器和馬達等應用中的能量損失。預計競爭格局將由對永續生產實踐、新興市場擴張以及滿足高性能應用所需的嚴格品質標準的關注來塑造。這種競爭環境的推動因素包括滿足全球日益增長的能源效率需求、不斷發展的可再生能源產業所帶來的課題以及電工鋼在高科技應用中日益廣泛的使用。

目錄

第 1 章簡介

  • 報告內容
    • 報告目標
    • 目標受眾
    • 主要產品
  • 市場區隔
  • 研究方法
    • 第一階段 - 二次研究
    • 第二階段 - 初步研究
    • 第三階段 - 專家評審
    • 先決條件
    • 所採取的方法

第 2 章執行摘要

第 3 章：電工鋼市場：競爭分析

  • 主要供應商的市場定位
  • 供應商所採用的策略
  • 重大產業戰略

第 4 章 電工鋼市場：宏觀分析與市場動態

  • 簡介
  • 2023 年至 2033 年全球電工鋼市場價值
  • 市場動態
    • 市場推動因素
    • 市場限制
    • 主要課題
    • 重大機遇
  • 推動因素與阻礙因素影響分析
  • 蹺蹺板分析
  • 波特五力模型
    • 供應商權力
    • 買方權力
    • 替代品的威脅
    • 新進入者的威脅
    • 競爭對手之間的競爭
  • PESTEL 分析
    • 政治局勢
    • 經濟情勢
    • 技術狀況
    • 法律狀況
    • 社會情勢
第 5 章：2023 年至 2033 年電工鋼市場（依產品劃分）
  • 市場概況
  • 成長與收入分析：2024 年與 2033 年
  • 市場區隔
    • 取向電工鋼板
    • 無取向電工鋼板

第 6 章 電工鋼市場（按應用劃分），2023-2033 年

  • 市場概況
  • 成長與收入分析：2024 年與 2033 年
  • 市場區隔
    • 變壓器
    • 電機
    • 電感器
    • 其他

第 7 章 2023-2033 年北美電工鋼市場

  • 市場概況
  • 2023 年至 2033 年電工鋼市場（依產品劃分）
  • 2023 年至 2033 年電工鋼市場（依應用劃分）
  • 2023 年至 2033 年各地區電工鋼市場
    • 北美洲
      • 美國
      • 加拿大
      • 北美其他地區

第 8 章 英國與歐盟電工鋼市場，2023-2033 年

  • 市場概況
  • 2023 年至 2033 年電工鋼市場（依產品劃分）
  • 2023 年至 2033 年電工鋼市場（依應用劃分）
  • 2023 年至 2033 年各地區電工鋼市場
    • 英國和歐盟
      • 英國
      • 德國
      • 西班牙
      • 義大利
      • 法國
      • 其他歐洲國家

第 9 章 亞太電工鋼市場，2023-2033 年

  • 市場概況
  • 2023 年至 2033 年電工鋼市場（依產品劃分）
  • 2023 年至 2033 年電工鋼市場（依應用劃分）
  • 2023 年至 2033 年各地區電工鋼市場
    • 亞太地區
      • 中國
      • 日本
      • 印度
      • 澳大利亞
      • 韓國
      • 其他亞太地區
第 10 章：2023-2033 年拉丁美洲電工鋼市場
  • 市場概況
  • 2023 年至 2033 年電工鋼市場（依產品劃分）
  • 2023 年至 2033 年電工鋼市場（依應用劃分）
  • 2023 年至 2033 年各地區電工鋼市場
    • 拉丁美洲
      • 巴西
      • 墨西哥
      • 其他拉丁美洲國家

第 11 章 中東和非洲電工鋼市場，2023-2033 年

  • 市場概況
  • 2023 年至 2033 年電工鋼市場（依產品劃分）
  • 2023 年至 2033 年電工鋼市場（依應用劃分）
  • 2023 年至 2033 年各地區電工鋼市場
    • 中東和非洲
      • 海灣合作委員會
      • 非洲
      • 其他中東和非洲地區

第 12 章 公司簡介

  • ArcelorMittal
  • Cleveland-Cliffs Corporation
  • JFE Steel Corporation
  • Nippon Steel Corporation
  • POSCO
  • Tata Steel
  • thyssenkrupp AG
  • 其他主要企業
Product Code: 153-12-24

The electrical steel market encompasses the production and sale of a specific type of steel tailored primarily for the manufacture of electrical power transformers, motors, and generators. Electrical steel, also known as silicon steel or transformer steel, is a material used to construct the cores of transformers and the stators and rotors of electric motors and generators. Electrical steel market is estimated to grow at a CAGR of 4.5% from 2025 to 2033. Electrical steel is characterized by its ability to minimize energy loss during the process of magnetization and demagnetization, which occurs in electric power transformers and motors. This property is crucial for energy efficiency and operational performance in these applications. The steel is typically coated and includes a high proportion of silicon, which enhances its electrical resistance and reduces energy loss in the form of heat.

Growth in Renewable Energy and Electric Vehicles as a Market Driver

The primary driver for the electrical steel market is the global growth in renewable energy and the electric vehicle (EV) industry. Electrical steel is essential for manufacturing transformers and generators used in renewable energy systems like wind turbines and solar panels. As the world increasingly shifts towards sustainable energy sources to combat climate change, the demand for renewable energy infrastructure is rapidly expanding. This trend directly boosts the need for grain-oriented electrical steel, which is pivotal in energy transmission and distribution. Simultaneously, the burgeoning EV market propels the demand for non-grain-oriented electrical steel. This type of steel is a key component in electric motors, which are integral to EVs. With governments worldwide incentivizing EV adoption and manufacturers expanding their EV offerings, the demand for high-efficiency electric motors, and thus electrical steel, is experiencing significant growth.

Opportunity in Energy Efficiency and Technological Advancements

A significant opportunity in the electrical steel market lies in the development of higher efficiency grades and technological innovations. As energy efficiency becomes increasingly important, there is a growing demand for electrical steel with superior magnetic properties that minimize energy loss. Advancements in production processes and material science can lead to the creation of new, more efficient types of electrical steel. This development not only caters to the growing environmentally conscious market but also improves the overall performance of electrical machinery and transformers. Additionally, continued research and development in alloy composition and treatment processes present opportunities to further enhance the electrical and magnetic properties of this steel, meeting the evolving requirements of modern electrical applications.

Price Volatility of Raw Materials as a Restraint

However, the volatility in the price of raw materials, particularly silicon, acts as a major restraint. The cost of electrical steel is significantly influenced by the price of silicon, used extensively in its production. Fluctuations in silicon prices can lead to instability in electrical steel pricing, affecting profitability for manufacturers and affordability for end-users. This volatility poses a challenge for the electrical steel industry, potentially impacting investment decisions and the development of new projects in sectors like renewable energy and electric vehicle production.

Environmental Impact and Sustainability as a Challenge

One of the key challenges in the electrical steel market is addressing the environmental impact and sustainability of production processes. The manufacturing of electrical steel, particularly the incorporation of high silicon content, involves energy-intensive processes that contribute to carbon emissions. Additionally, the mining and refining of silicon and other raw materials have environmental implications. As global focus shifts towards sustainable practices, the industry faces the challenge of reducing its environmental footprint. This includes adopting cleaner production technologies, improving waste management, and potentially exploring alternative materials or processes that are more environmentally friendly. Balancing the increasing demand for electrical steel with the need for sustainable production practices is crucial for the long-term viability of the market.

Market Segmentation by Product

In the electrical steel market, segmentation by product includes Grain Oriented Electrical Steel and Non-Grain Oriented Electrical Steel. Non-grain oriented Electrical Steel currently generates the highest revenue, owing to its widespread use in various applications, including motors and inductors in the automotive and consumer electronics sectors. This type of steel is preferred for its versatility and efficiency in applications where the direction of magnetic flux is not constant. On the other hand, Grain Oriented Electrical Steel is experiencing the highest Compound Annual Growth Rate (CAGR). The growth in this segment is driven by the increasing demand for energy-efficient transformers in power distribution and transmission networks, particularly in the context of expanding renewable energy infrastructure. Grain Oriented Electrical Steel is essential for transformer cores due to its excellent magnetic properties, which significantly reduce energy loss and improve efficiency in power transmission.

Market Segmentation by Application

When segmented by application, the market dynamics vary across sectors such as Transformers, Motors, Inductors, among others. The Transformer sector represents the largest revenue share in the market due to the critical role of transformers in energy distribution and the growing global demand for electricity. The need for efficient and reliable transformers in both traditional and renewable energy sectors drives the demand for high-quality electrical steel. However, the Motor sector is witnessing the highest CAGR, propelled by the burgeoning electric vehicle (EV) industry and the increasing use of electric motors in various industrial and consumer applications. As the world moves towards electrification and automation, the demand for efficient, high-performance electric motors is rapidly rising, driving the growth in the Non-Grain Oriented Electrical Steel segment for motor applications. The diverse applications of electrical steel in essential components of modern infrastructure underscore its significance in the ongoing global energy transition and industrial advancements.

Regional Insights

In the geographic segmentation of the electrical steel market, various regional trends are noticeable. In 2024, Asia-Pacific, led by China and India, generated the highest revenue in the market. This was primarily due to the region's robust manufacturing sector, particularly in automotive and electronics, and its expanding renewable energy infrastructure. The presence of key electrical steel manufacturers and the high demand for transformers and electric motors in these rapidly industrializing economies contributed to this dominance. Looking forward from 2025 to 2033, the Asia-Pacific region is also expected to exhibit the highest Compound Annual Growth Rate (CAGR). This growth will likely be driven by ongoing industrialization, increasing investments in power generation and distribution, and the growing electric vehicle market in the region.

Analysis of Key Players

Regarding competitive trends and strategies among the top players in the Electrical Steel Market, 2024 saw companies focusing on expanding production capacities, technological advancements, and strategic partnerships. Key market players like ArcelorMittal, Cleveland-Cliffs Corporation, JFE Steel Corporation, Nippon Steel Corporation, POSCO, Tata Steel, thyssenkrupp AG led the industry with their comprehensive range of high-quality grain-oriented and non-grain-oriented electrical steel products. These companies invested in research and development to improve the efficiency and performance of their products, catering to the evolving needs of the energy and automotive sectors. For the forecast period of 2025 to 2033, top players are expected to continue prioritizing innovations in material science to enhance the magnetic properties of electrical steel, thereby reducing energy losses in applications like transformers and motors. The competitive landscape is anticipated to be shaped by a focus on sustainable production practices, expansion into emerging markets, and meeting the stringent quality standards required in high-performance applications. This competitive environment will be driven by the need to cater to the growing global demand for energy efficiency, the challenges posed by the evolving renewable energy sector, and the increasing use of electrical steel in advanced technological applications.

Historical & Forecast Period

This study report represents an analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of Electrical Steel market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users & consumption volume, price, and value.

Geographical revenues generated by countries considered in the report

Micro and macro environment factors that are currently influencing the Electrical Steel market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

  • Market Segmentation
  • Product
    • Grain oriented electrical steel
    • Non-grain oriented electrical steel
  • Application
    • Transformer
    • Motor
    • Inductor
    • Other
  • Region Segment (2023-2033; US$ Million)
  • North America
  • U.S.
  • Canada
  • Rest of North America
  • UK and European Union
  • UK
  • Germany
  • Spain
  • Italy
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East and Africa
  • GCC
  • Africa
  • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Electrical Steel market?
  • What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2033.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Electrical Steel market?
  • Which is the largest regional market for Electrical Steel market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Electrical Steel market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Electrical Steel market worldwide?

Table of Contents

1. Preface

  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. Target Audience
    • 1.1.3. Key Offerings
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
    • 1.3.1. Phase I - Secondary Research
    • 1.3.2. Phase II - Primary Research
    • 1.3.3. Phase III - Expert Panel Review
    • 1.3.4. Assumptions
    • 1.3.5. Approach Adopted

2. Executive Summary

  • 2.1. Market Snapshot: Global Electrical Steel Market
  • 2.2. Global Electrical Steel Market, By Product, 2024 (US$ Million)
  • 2.3. Global Electrical Steel Market, By Application, 2024 (US$ Million)
  • 2.4. Global Electrical Steel Market, By Geography, 2024 (US$ Million)
  • 2.5. Attractive Investment Proposition by Geography, 2024

3. Electrical Steel Market: Competitive Analysis

  • 3.1. Market Positioning of Key Electrical Steel Market Vendors
  • 3.2. Strategies Adopted by Electrical Steel Market Vendors
  • 3.3. Key Industry Strategies

4. Electrical Steel Market: Macro Analysis & Market Dynamics

  • 4.1. Introduction
  • 4.2. Global Electrical Steel Market Value, 2023 - 2033, (US$ Million)
  • 4.3. Market Dynamics
    • 4.3.1. Market Drivers
    • 4.3.2. Market Restraints
    • 4.3.3. Key Challenges
    • 4.3.4. Key Opportunities
  • 4.4. Impact Analysis of Drivers and Restraints
  • 4.5. See-Saw Analysis
  • 4.6. Porter's Five Force Model
    • 4.6.1. Supplier Power
    • 4.6.2. Buyer Power
    • 4.6.3. Threat Of Substitutes
    • 4.6.4. Threat Of New Entrants
    • 4.6.5. Competitive Rivalry
  • 4.7. PESTEL Analysis
    • 4.7.1. Political Landscape
    • 4.7.2. Economic Landscape
    • 4.7.3. Technology Landscape
    • 4.7.4. Legal Landscape
    • 4.7.5. Social Landscape

5. Electrical Steel Market: By Product, 2023-2033, USD (Million)

  • 5.1. Market Overview
  • 5.2. Growth & Revenue Analysis: 2024 Versus 2033
  • 5.3. Market Segmentation
    • 5.3.1. Grain oriented electrical steel
    • 5.3.2. Non-grain oriented electrical steel

6. Electrical Steel Market: By Application, 2023-2033, USD (Million)

  • 6.1. Market Overview
  • 6.2. Growth & Revenue Analysis: 2024 Versus 2033
  • 6.3. Market Segmentation
    • 6.3.1. Transformer
    • 6.3.2. Motor
    • 6.3.3. Inductor
    • 6.3.4. Other

7. North America Electrical Steel Market, 2023-2033, USD (Million)

  • 7.1. Market Overview
  • 7.2. Electrical Steel Market: By Product, 2023-2033, USD (Million)
  • 7.3. Electrical Steel Market: By Application, 2023-2033, USD (Million)
  • 7.4.Electrical Steel Market: By Region, 2023-2033, USD (Million)
    • 7.4.1.North America
      • 7.4.1.1. U.S.
        • 7.4.1.1.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 7.4.1.1.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 7.4.1.2. Canada
        • 7.4.1.2.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 7.4.1.2.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 7.4.1.3. Rest of North America
        • 7.4.1.3.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 7.4.1.3.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)

8. UK and European Union Electrical Steel Market, 2023-2033, USD (Million)

  • 8.1. Market Overview
  • 8.2. Electrical Steel Market: By Product, 2023-2033, USD (Million)
  • 8.3. Electrical Steel Market: By Application, 2023-2033, USD (Million)
  • 8.4.Electrical Steel Market: By Region, 2023-2033, USD (Million)
    • 8.4.1.UK and European Union
      • 8.4.1.1. UK
        • 8.4.1.1.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 8.4.1.1.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 8.4.1.2. Germany
        • 8.4.1.2.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 8.4.1.2.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 8.4.1.3. Spain
        • 8.4.1.3.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 8.4.1.3.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 8.4.1.4. Italy
        • 8.4.1.4.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 8.4.1.4.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 8.4.1.5. France
        • 8.4.1.5.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 8.4.1.5.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 8.4.1.6. Rest of Europe
        • 8.4.1.6.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 8.4.1.6.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)

9. Asia Pacific Electrical Steel Market, 2023-2033, USD (Million)

  • 9.1. Market Overview
  • 9.2. Electrical Steel Market: By Product, 2023-2033, USD (Million)
  • 9.3. Electrical Steel Market: By Application, 2023-2033, USD (Million)
  • 9.4.Electrical Steel Market: By Region, 2023-2033, USD (Million)
    • 9.4.1.Asia Pacific
      • 9.4.1.1. China
        • 9.4.1.1.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 9.4.1.1.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 9.4.1.2. Japan
        • 9.4.1.2.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 9.4.1.2.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 9.4.1.3. India
        • 9.4.1.3.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 9.4.1.3.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 9.4.1.4. Australia
        • 9.4.1.4.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 9.4.1.4.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 9.4.1.5. South Korea
        • 9.4.1.5.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 9.4.1.5.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 9.4.1.6. Rest of Asia Pacific
        • 9.4.1.6.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 9.4.1.6.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)

10. Latin America Electrical Steel Market, 2023-2033, USD (Million)

  • 10.1. Market Overview
  • 10.2. Electrical Steel Market: By Product, 2023-2033, USD (Million)
  • 10.3. Electrical Steel Market: By Application, 2023-2033, USD (Million)
  • 10.4.Electrical Steel Market: By Region, 2023-2033, USD (Million)
    • 10.4.1.Latin America
      • 10.4.1.1. Brazil
        • 10.4.1.1.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 10.4.1.1.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 10.4.1.2. Mexico
        • 10.4.1.2.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 10.4.1.2.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 10.4.1.3. Rest of Latin America
        • 10.4.1.3.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 10.4.1.3.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)

11. Middle East and Africa Electrical Steel Market, 2023-2033, USD (Million)

  • 11.1. Market Overview
  • 11.2. Electrical Steel Market: By Product, 2023-2033, USD (Million)
  • 11.3. Electrical Steel Market: By Application, 2023-2033, USD (Million)
  • 11.4.Electrical Steel Market: By Region, 2023-2033, USD (Million)
    • 11.4.1.Middle East and Africa
      • 11.4.1.1. GCC
        • 11.4.1.1.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 11.4.1.1.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 11.4.1.2. Africa
        • 11.4.1.2.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 11.4.1.2.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)
      • 11.4.1.3. Rest of Middle East and Africa
        • 11.4.1.3.1. Electrical Steel Market: By Product, 2023-2033, USD (Million)
        • 11.4.1.3.2. Electrical Steel Market: By Application, 2023-2033, USD (Million)

12. Company Profile

  • 12.1. ArcelorMittal
    • 12.1.1. Company Overview
    • 12.1.2. Financial Performance
    • 12.1.3. Product Portfolio
    • 12.1.4. Strategic Initiatives
  • 12.2. Cleveland-Cliffs Corporation
    • 12.2.1. Company Overview
    • 12.2.2. Financial Performance
    • 12.2.3. Product Portfolio
    • 12.2.4. Strategic Initiatives
  • 12.3. JFE Steel Corporation
    • 12.3.1. Company Overview
    • 12.3.2. Financial Performance
    • 12.3.3. Product Portfolio
    • 12.3.4. Strategic Initiatives
  • 12.4. Nippon Steel Corporation
    • 12.4.1. Company Overview
    • 12.4.2. Financial Performance
    • 12.4.3. Product Portfolio
    • 12.4.4. Strategic Initiatives
  • 12.5. POSCO
    • 12.5.1. Company Overview
    • 12.5.2. Financial Performance
    • 12.5.3. Product Portfolio
    • 12.5.4. Strategic Initiatives
  • 12.6. Tata Steel
    • 12.6.1. Company Overview
    • 12.6.2. Financial Performance
    • 12.6.3. Product Portfolio
    • 12.6.4. Strategic Initiatives
  • 12.7. thyssenkrupp AG
    • 12.7.1. Company Overview
    • 12.7.2. Financial Performance
    • 12.7.3. Product Portfolio
    • 12.7.4. Strategic Initiatives
  • 12.8. Other Notable Players
    • 12.8.1. Company Overview
    • 12.8.2. Financial Performance
    • 12.8.3. Product Portfolio
    • 12.8.4. Strategic Initiatives

List of Tables

  • TABLE 1 Global Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 2 Global Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 3 North America Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 4 North America Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 5 U.S. Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 6 U.S. Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 7 Canada Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 8 Canada Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 9 Rest of North America Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 10 Rest of North America Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 11 UK and European Union Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 12 UK and European Union Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 13 UK Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 14 UK Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 15 Germany Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 16 Germany Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 17 Spain Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 18 Spain Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 19 Italy Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 20 Italy Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 21 France Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 22 France Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 23 Rest of Europe Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 24 Rest of Europe Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 25 Asia Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 26 Asia Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 27 China Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 28 China Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 29 Japan Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 30 Japan Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 31 India Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 32 India Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 33 Australia Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 34 Australia Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 35 South Korea Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 36 South Korea Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 37 Latin America Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 38 Latin America Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 39 Brazil Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 40 Brazil Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 41 Mexico Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 42 Mexico Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 43 Rest of Latin America Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 44 Rest of Latin America Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 45 Middle East and Africa Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 46 Middle East and Africa Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 47 GCC Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 48 GCC Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 49 Africa Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 50 Africa Electrical Steel Market By Application, 2023-2033, USD (Million)
  • TABLE 51 Rest of Middle East and Africa Electrical Steel Market By Product, 2023-2033, USD (Million)
  • TABLE 52 Rest of Middle East and Africa Electrical Steel Market By Application, 2023-2033, USD (Million)

List of Figures

  • FIG. 1 Global Electrical Steel Market: Market Coverage
  • FIG. 2 Research Methodology and Data Sources
  • FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
  • FIG. 4 Global Electrical Steel Market: Quality Assurance
  • FIG. 5 Global Electrical Steel Market, By Product, 2024
  • FIG. 6 Global Electrical Steel Market, By Application, 2024
  • FIG. 7 Global Electrical Steel Market, By Geography, 2024
  • FIG. 8 Market Geographical Opportunity Matrix - Global Electrical Steel Market, 2024
  • FIG. 9Market Positioning of Key Electrical Steel Market Players, 2024
  • FIG. 10 Global Electrical Steel Market, By Product, 2024 Vs 2033, %
  • FIG. 11 Global Electrical Steel Market, By Application, 2024 Vs 2033, %