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Market Research Report

Electrical Steel - Global Market Outlook (2019-2027)

Published by Stratistics Market Research Consulting Product code 947010
Published Content info 148 Pages
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Electrical Steel - Global Market Outlook (2019-2027)
Published: July 1, 2020 Content info: 148 Pages
Description

According to Stratistics MRC, the Global Electrical Steel Market is accounted for $34.95 billion in 2019 and is expected to reach $67.13 billion by 2027 growing at a CAGR of 8.5% during the forecast period. More consumption rate of electrical steel in transformers and motors and growing municipal population proliferate the command for electrical steel are the major factors propelling the market growth. However, volatile price of raw material is hampering the market growth.

Electrical steel is a type of specialty steel manufactured by modifying the magnetic properties of conventional steel to induce high permeability. Electrical steel is extensively used in cores of transformers, motors and generators. They are designed to provide high attractive flux density, high permeability and lowest amount energy loss and extensively used in automotive, energy and manufacturing industries.

Based on the type, the grain oriented electrical steel segment is likely to have a huge demand due to it improves the transformers performance by enhancing the effectiveness and reducing equipment weight. These products contain large sized grains that help in reducing hysteresis loss, are energy capable steel and broadly used in transformers and power generators.

By geography, North America is estimated to have a lucrative growth owing to mounting demand for automotive and electric vehicles in the region. These products ensure minimum energy loss, raise the efficiency of machine and enhance the fuel economy of automotive. Increasing urbanization, growing electric vehicles sales along with rising preference of manufacturers for steel components and rising technological advancements should further promote regional demand.

Some of the key players profiled in the Electrical Steel Market include JFE Steel Corporation, Essar Steel, Hebei Puyang Iron and Steel Group, Jiangsu Shagang International Trade Co. Ltd., China Steel Corporation, JSW Steel, Wuhan Iron & Steel Corporation, Thyssenkrupp AG, Voestalpine Group, Baosteel, Nippon Steel & Sumitomo Metal Corporation, United States Steel Corporation, Steel Authority of India Limited, Tata Steel Limited and Posco.

Types Covered:

  • Grain-Oriented Electrical Steel
  • Non-Grain Oriented Electrical Steel

Applications Covered:

  • Transformers
  • Motors
  • Inductors
  • Other Applications

End Users Covered:

  • Energy
  • Automobiles
  • Manufacturing
  • Household Appliances
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Electrical Steel Market, By Type

  • 5.1 Introduction
  • 5.2 Grain-Oriented Electrical Steel
  • 5.3 Non-Grain Oriented Electrical Steel
    • 5.3.1 Semi-Processed
    • 5.3.2 Fully-Processed

6 Global Electrical Steel Market, By Application

  • 6.1 Introduction
  • 6.2 Transformers
    • 6.2.1 Power Transformers
    • 6.2.2 Current Transformers
    • 6.2.3 Audio Transformers
    • 6.2.4 Distribution Transformers
  • 6.3 Motors
    • 6.3.1 1hp - 100hp
    • 6.3.2 101hp - 200hp
    • 6.3.3 201hp - 500hp
    • 6.3.4 501hp - 1000hp
    • 6.3.5 Above 1000hp
  • 6.4 Inductors
  • 6.5 Other Applications
    • 6.5.1 Wielding Equipment's
    • 6.5.2 Battery

7 Global Electrical Steel Market, By End User

  • 7.1 Introduction
  • 7.2 Energy
  • 7.3 Automobiles
  • 7.4 Manufacturing
  • 7.5 Household Appliances
  • 7.6 Other End Users
    • 7.6.1 Fabrication
    • 7.6.2 Construction

8 Global Electrical Steel Market, By Geography

  • 8.1 Introduction
  • 8.2 North America
    • 8.2.1 US
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 UK
    • 8.3.3 Italy
    • 8.3.4 France
    • 8.3.5 Spain
    • 8.3.6 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 Japan
    • 8.4.2 China
    • 8.4.3 India
    • 8.4.4 Australia
    • 8.4.5 New Zealand
    • 8.4.6 South Korea
    • 8.4.7 Rest of Asia Pacific
  • 8.5 South America
    • 8.5.1 Argentina
    • 8.5.2 Brazil
    • 8.5.3 Chile
    • 8.5.4 Rest of South America
  • 8.6 Middle East & Africa
    • 8.6.1 Saudi Arabia
    • 8.6.2 UAE
    • 8.6.3 Qatar
    • 8.6.4 South Africa
    • 8.6.5 Rest of Middle East & Africa

9 Key Developments

  • 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 9.2 Acquisitions & Mergers
  • 9.3 New Product Launch
  • 9.4 Expansions
  • 9.5 Other Key Strategies

10 Company Profiling

  • 10.1 JFE Steel Corporation
  • 10.2 Essar Steel
  • 10.3 Hebei Puyang Iron and Steel Group
  • 10.4 Jiangsu Shagang International Trade Co. Ltd.
  • 10.5 China Steel Corporation
  • 10.6 JSW Steel
  • 10.7 Wuhan Iron & Steel Corporation
  • 10.8 Thyssenkrupp AG
  • 10.9 Voestalpine Group
  • 10.10 Baosteel
  • 10.11 Nippon Steel & Sumitomo Metal Corporation
  • 10.12 United States Steel Corporation
  • 10.13 Steel Authority of India Limited
  • 10.14 Tata Steel Limited
  • 10.15 Posco

List of Tables

  • Table 1 Global Electrical Steel Market Outlook, By Region (2018-2027) ($MN)
  • Table 2 Global Electrical Steel Market Outlook, By Type (2018-2027) ($MN)
  • Table 3 Global Electrical Steel Market Outlook, By Grain-Oriented Electrical Steel (2018-2027) ($MN)
  • Table 4 Global Electrical Steel Market Outlook, By Non-Grain Oriented Electrical Steel (2018-2027) ($MN)
  • Table 5 Global Electrical Steel Market Outlook, By Semi-Processed (2018-2027) ($MN)
  • Table 6 Global Electrical Steel Market Outlook, By Fully-Processed (2018-2027) ($MN)
  • Table 7 Global Electrical Steel Market Outlook, By Application (2018-2027) ($MN)
  • Table 8 Global Electrical Steel Market Outlook, By Transformers (2018-2027) ($MN)
  • Table 9 Global Electrical Steel Market Outlook, By Power Transformers (2018-2027) ($MN)
  • Table 10 Global Electrical Steel Market Outlook, By Current Transformers (2018-2027) ($MN)
  • Table 11 Global Electrical Steel Market Outlook, By Audio Transformers (2018-2027) ($MN)
  • Table 12 Global Electrical Steel Market Outlook, By Distribution Transformers (2018-2027) ($MN)
  • Table 13 Global Electrical Steel Market Outlook, By Motors (2018-2027) ($MN)
  • Table 14 Global Electrical Steel Market Outlook, By 1hp - 100hp (2018-2027) ($MN)
  • Table 15 Global Electrical Steel Market Outlook, By 101hp - 200hp (2018-2027) ($MN)
  • Table 16 Global Electrical Steel Market Outlook, By 201hp - 500hp (2018-2027) ($MN)
  • Table 17 Global Electrical Steel Market Outlook, By 501hp - 1000hp (2018-2027) ($MN)
  • Table 18 Global Electrical Steel Market Outlook, By Above 1000hp (2018-2027) ($MN)
  • Table 19 Global Electrical Steel Market Outlook, By Inductors (2018-2027) ($MN)
  • Table 20 Global Electrical Steel Market Outlook, By Other Applications (2018-2027) ($MN)
  • Table 21 Global Electrical Steel Market Outlook, By Wielding Equipment's (2018-2027) ($MN)
  • Table 22 Global Electrical Steel Market Outlook, By Battery (2018-2027) ($MN)
  • Table 23 Global Electrical Steel Market Outlook, By End User (2018-2027) ($MN)
  • Table 24 Global Electrical Steel Market Outlook, By Energy (2018-2027) ($MN)
  • Table 25 Global Electrical Steel Market Outlook, By Automobiles (2018-2027) ($MN)
  • Table 26 Global Electrical Steel Market Outlook, By Manufacturing (2018-2027) ($MN)
  • Table 27 Global Electrical Steel Market Outlook, By Household Appliances (2018-2027) ($MN)
  • Table 28 Global Electrical Steel Market Outlook, By Other End Users (2018-2027) ($MN)
  • Table 29 Global Electrical Steel Market Outlook, By Fabrication (2018-2027) ($MN)
  • Table 30 Global Electrical Steel Market Outlook, By Construction (2018-2027) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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