Global Electrical Steel Market, by Type (Grain-oriented and Non Grain-oriented), by Application (Transformers, Motors, Inductors) by End-Use (Energy, Automobile, Manufacturing, Household Appliances) - Global Industry Trends, Shares, Competitive Analysis and Segment Forecasts, 2018 to 2025

EXRAND055  |  Upcoming  |  Global  |  NA  |  Under Development

Electrical steel is a unique type of steel dedicated to produce assured magnetic properties resulting in low core loss along with high permeability. Its exclusive properties are dependent on the proportion of silicon. Electrical steel is manufactured in the form of cold-rolled strips, with a thickness of approximately less than 2 mm. These strips are known as laminated strips and when stacked together they form a core. Electrical steel is also called as transformer steel and silicon steel. Electrical steel is being used in many applications such as inductors transformer, motors, and battery and wielding equipment’s.
The increasing urban population across the globe is one of the most important factors contributing to the demand for electrical steel products. Growth in population density in urban areas, resulting in increasing construction activities, positive shift in buying behaviour of individuals, and high disposable income of consumers are the aspects that have subsidised the growth of this market. The increase in disposable income leads to the increase in demand for automobile such as hybrid electric vehicles and cars. These vehicles have components such as electrical power steering of the vehicle, fuel pump and other electronic equipment in which electrical steel is used to generate electromagnetic effect. Asia-Pacific region is projected to grow more rapidly than any other region, as it is highly populated region in the world, and subsequently witnesses a high demand for electricity. The distribution & transmission infrastructure in the region is in the initial stage of grid restructuring. China, Japan, and India, among others, are investing in network expansion projects to increase network reliability which drives the demand for transformers, which in turn would drive the electrical steel market as well.
The market comprises a network of market players involved in the research and product development; component manufacturing; raw material supply; distribution and sale; and post-sales services. Key players considered in the electrical steel market are - ArcelorMittal, POSCO, Voestalpine Group, Baosteel, Nippon Steel & Sumitomo Metal Corporation, United States Steel Corporation, Steel Authority of India Limited., Tata Steel, JFE Steel Corporation, Essar Steel and others. In February 2017, Arcelor Mittal formed a joint venture with Cellino Group to hold a 35% share. This will help strengthen its position in the competitive market.
Based on the type, the electrical steel market has been segmented as follows:
• Grain-oriented 
• Non Grain-oriented
• Others
Based on the applications, the electrical steel market has been segmented as follows:
• Transformers
• Motors 
• Inductors
• Others
Based on the end-use, the electrical steel market has been segmented as follows: 
• Energy 
• Automobile 
• Manufacturing 
• Household Appliances
• Others
Based on the region, the electrical steel market has been segmented as follows:
• North America
o U.S
o Canada
• Europe
o UK
o Germany
o France
o Italy 
o Rest of Europe
• Asia-Pacific 
o China
o Japan
o India
o Rest of Asia-Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East and Africa
o Saudi Arabia
o South Africa
o Rest of Middle East and Africa

1. Executive Summary

2. Global Electrical Steel Market Overview

2.1. Market Segmentation & Scope

2.2. Product Introduction

2.3. Market Trends

2.3.1. Introduction

2.3.2. Drivers

2.3.2.1. Increasing urban population proliferate the demand for electrical steel

2.3.2.2. High consumption rate of electrical steel in transformers and motors

2.3.3. Restraint

2.3.3.1. Volatile price of raw material

2.3.4. Opportunities

2.3.4.1. Upcoming regulations and government support

2.3.5. Challenges

2.3.5.1. Safety and Technological Constraints

2.3.6. Supply Chain Analysis

2.3.7. Substitutes Threat

2.3.8. Technology Progress in Related Industry

2.3.9. Consumer Preference Analysis

3. Global Electrical Steel Market by Type

3.1. Electrical Steel Market Type Analysis

3.2. Global Electrical Steel Market Consumption Sales (Kilo Tons) by Types, (2015-2025)

3.3. Global Electrical Steel Market Revenue (USD Million) by Types, 2015-2025

3.4. Global Electrical Steel Market Production Volume (Kilo Tons) by Types, 2015-2025

3.5. Global Electrical Steel Market (Production Volume, Consumption Sales and Revenue) by Type, 2015-2025

3.5.1. Grain Oriented Electrical Steel Market Analysis

3.5.2. Non-Grain Oriented Electrical Steel Market Analysis

3.5.2.1. Fully-Processed Non-Grain Oriented Electrical Steel

3.5.2.2. Semi-Processed Non-Grain Oriented Electrical Steel

3.5.3. Others Type Market Analysis

3.6. List of Manufacturers, By  Electrical Steels Type

4. Global Electrical Steel Market by Application

4.1. Electrical Steel Market Application Analysis

4.2. Global Electrical Steel Market Consumption Sales by Application, (Kilo Tons), 2015-2025

4.3. Global Electrical Steel Market Revenue (USD Million) by Application, 2015-2025

4.4. Global Electrical Steel Market Production Volume (Kilo Tons) by Application, 2015-2025

4.5. Global Electrical Steel Market (Production Volume, Consumption Sales and Revenue), by Application, 2015-2025

4.5.1. Transformers Market Analysis

4.5.1.1. Current Transformers

4.5.1.2. Power Transformers

4.5.1.3. Distribution Transformers

4.5.2. Motors Market Analysis

4.5.3. Inductors Market Analysis

4.5.4. Other Application Market Analysis

4.6. List of Manufacturers, By Electrical Steel Application

5. Global Electrical Steel Market by End Use

5.1. Electrical Steel Market End Use Analysis

5.2. Global Electrical Steel Market Consumption Sales (Kilo Tons) by End Use, 2015-2025

5.3. Global Electrical Steel Market Revenue (USD Million) by End Use, (2015-2025)

5.4. Global Electrical Steel Market (Consumption Sales And Revenue), By End Use, 2015-2025

5.4.1. Energy Segment Analysis

5.4.2. Automobiles Segment Analysis

5.4.3. Manufacturing Segment Analysis

5.4.4. Household Appliances Segment Analysis

5.4.5. Others Segment Analysis 

5.5. List of Manufacturers, By End Use

6. Global Electrical Steel Market by Region

6.1. Electrical Steel Market Regional Analysis

6.2. Global Electrical Steel  Market Consumption Sales (Kilo Tons) by Region, 2015-2025

6.3. Global Electrical Steel Market Revenue (USD Million) by Region, 2015-2025

6.4. Global Electrical Steel Market Production Volume (Kilo Tons) by Region, 2015-2025

6.5. Global Electrical Steel Market (Consumption Sales, Revenue and Production Volume), 2015-2025

7. North America Electrical Steel Market

7.1. North America Electrical Steel Market Analysis

7.2. North America Electrical Steel Market (Consumption Sales, Production Volume, and Revenue), 2015-2025

7.3. North America Electrical Steel by Country (Consumption Sales and Revenue by Country, (Kilo Tons), 2015-2025

7.3.1. U.S. Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

7.3.2. Canada Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

7.4. Potential Buyers In North America

8. Europe Electrical Steel Market

8.1. Europe Electrical Steel Market Analysis

8.2. Europe Electrical Steel Market (Consumption Sales, Production Volume, and Revenue), 2015-2025

8.3. Europe Electrical Steel Market by Country (Consumption Sales and Revenue), 2015-2025

8.3.1. Germany Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

8.3.2. UK Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

8.3.3. France Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

8.3.4. Rest of Europe Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

8.4. Potential Buyers in Europe

9. Asia Pacific Electrical Steel Market

9.1. Asia Pacific Electrical Steel Market Analysis

9.2. Asia Pacific Electrical Steel Market (Consumption Sales, Production Volume, and Revenue), 2015-2025

9.3. Asia Pacific Electrical Steel Market, by Country (Consumption Sales and Revenue), 2015-2025

9.3.1. China Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

9.3.2. Japan Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

9.3.3. India Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

9.3.4. Rest of Asia Pacific Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

9.4. Potential Buyers in Asia Pacific

10. Latin America Electrical Steel Market

10.1. Latin America Electrical Steel Market Analysis

10.2. Latin America Electrical Steel Market (Consumption Sales, Production Volume, and Revenue), 2015-2025

10.3. Latin America Electrical Steel Market by Country, (Consumption Sales and Revenue, (2015-2025)

10.3.1. Brazil Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

10.3.2. Rest of Latin America Electrical Steel Market (Consumption Sales and Revenue), 2015-2025

10.4. Potential Buyers in Latin America

11. Middle East & Africa Electrical Steel Market

11.1. Middle East & Africa Electrical Steel Market Regional analysis

11.2. Middle East & Africa Electrical Steel Market (Consumption Sales, Production Volume, and Revenue)

11.2.1. Middle East & Africa Electrical Steel Consumption Sales by Country, (Kilo Tons) (2015-2025)

11.2.2. Middle East & Africa Electrical Steel Revenue by Country, (Kilo Tons) 2015-2025

11.2.3. South Africa Electrical Steel Market (Consumption Sales, Production Volume, and Revenue), 2015-2025

11.2.4. Rest of Middle East & Africa Electrical Steel Market (Consumption Sales, Production Volume, and Revenue), 2015-2025

11.3. Potential Buyers in Middle East & Africa

12. Company Profile

12.1. United States Steel Corporation

12.1.1. Company Overview 

12.1.2. Financial Overview

12.1.3. Product Benchmarking

12.1.4. Key Developments

12.2. Posco

12.2.1. Company Overview 

12.2.2. Financial Overview

12.2.3. Product Benchmarking

12.2.4. Key Developments

12.3. Voestalpine Group 

12.3.1. Company Overview 

12.3.2. Financial Overview

12.3.3. Product Benchmarking

12.3.4. Key Developments

12.4. Baosteel

12.4.1. Company Overview 

12.4.2. Financial Overview

12.4.3. Product Benchmarking

12.4.4. Key Developments

12.5. Nippon Steel & Sumitomo Metal Corporation

12.5.1. Company Overview 

12.5.2. Financial Overview

12.5.3. Product Benchmarking

12.5.4. Key Developments

12.6. Jiangsu Shagang International Trade Co. Ltd.

12.6.1. Company Overview 

12.6.2. Financial Overview

12.6.3. Product Benchmarking

12.6.4. Key Developments

12.7. China Steel Corporation

12.7.1. Company Overview 

12.7.2. Financial Overview

12.7.3. Product Benchmarking

12.7.4. Key Developments

12.8. JSW Steel

12.8.1. Company Overview 

12.8.2. Financial Overview

12.8.3. Product Benchmarking

12.8.4. Key Developments

12.9. Wuhan Iron & Steel Corporation

12.9.1. Company Overview 

12.9.2. Financial Overview

12.9.3. Product Benchmarking

12.9.4. Key Developments

12.10. Angang Steel Company Limited

12.10.1. Company Overview 

12.10.2. Financial Overview

12.10.3. Product Benchmarking

12.10.4. Key Developments

13. Electrical Steel Manufacturing Cost Analysis

13.1. Electrical Steel Key Raw Materials Analysis

13.1.1. Key Raw Materials

13.1.2. Price Trend of Key Raw Materials

13.1.3. Market Concentration Rate of Raw Materials

13.1.4. Manufacturing Cost Structure

13.2. Marketing Strategy Analysis

13.2.1. Marketing Type Analysis

13.2.2. Pricing Strategy

13.2.3. Brand Strategy

13.2.4. Consumer Analysis

14. Key Insights

15. Research Methodology