Global Electrical Steels Market Size & Forecast 2023 - Baowu, ArcelorMittal, JFE Steel, Shougang, TISCO, NSSMC, NLMK Group, AK Steel, ThyssenKrupp, Ansteel, Masteel, Posco, Cogent (Tata Steel), Voestalpine

MarketStudyReport.com adds a new 2018-2023 Global Electrical Steels Consumption Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Steels Market by product type, application, key manufacturers and key regions. Over the next five years, Electrical Steels is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 27600 million US$ in 2023, from 23900 million US$ in 2017.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report Baowu, ArcelorMittal, JFE Steel, Shougang, TISCO, NSSMC, NLMK Group, AK Steel, ThyssenKrupp, Ansteel, Masteel, Posco, Cogent (Tata Steel), Voestalpine, Benxi Steel, APERAM, Nucor, ATI, Stalprodukt S.A., CSC of all related company.

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.

This report focuses on the Electrical Steels in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The classification of electrical steel includes Non-oriented Electrical Steels, Oriented Electrical Steels, and the proportion of Non-oriented Electrical Steels, in 2016 is about 81%, and the proportion is in decreasing trend from 2012 to 2017.

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Segmentation by product type:
• Oriented Electrical Steels
• Non-oriented Electrical Steels

Segmentation by application:
• Transformer
• Power Generator
• Electric Motor
• Other

Research objectives:
To study and analyze the global Electrical Steels market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Electrical Steels market by identifying its various subsegments.

Focuses on the key global Electrical Steels players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Electrical Steels with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Electrical Steels submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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