Press release
Electrical Steel Market Developments, Future Returns Worldwide and Top Key Players| United States Steel Corporation, ArcelorMittal, POSCO, Voestalpine AG, Baosteel
Download FREE Sample Research Report of Electrical Steel Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=946539Electrical Steel Market by Type (non-grain-oriented and grain-oriented), Application (Transformers, Motors, Inductors), End-use Industry (Energy, Automotive, Manufacturing, Household Appliances) and Region - Global Forecasts to 2026. The global electrical steel market size is estimated at USD 33.8 billion in 2021 and is projected to reach USD 45.8 billion by 2026, at a CAGR of 6.3%.
The report provides a comprehensive analysis of company profiles listed below:
• ArcelorMittal (Luxembourg)
• POSCO (South Korea)
• Voestalpine AG (Austria)
• Baosteel (China)
• Nippon Steel & Sumitomo Metal Corporation (Japan)
• United States Steel Corporation (United States)
• SAIL (India)
• TATA Steel Limited (India)
• Thyssenkrupp AG (Germany)
• JFE Steel Corporation (Japan)
"In terms of both value and volume, non-grain-oriented segment to be the fastest-growing segment by 2026."
The non-grain-oriented segment is projected to grow at the highest CAGR from 2021 to 2026.The use of non-grain-oriented steel reduces magnetic losses by increasing the concentration of silicon and aluminum in electrical steel sheets. An increase in the production of automobiles, where electrical steel is used as a core material in motor parts to improve the comfort, power performance, and fuel economy of automobiles, is expected to increase the demand for non-grain-oriented electrical steel products.
"In terms of both value and volume, manufacturing is projected to be the fastest-growing segment from 2021 to 2026, for electrical steel."
Manufacturing is projected to be the fastest-growing segment in the electrical steel market. The demand for electrical steel is mainly attributed since the growth of economies across the globe, which is directly linked to the growth of the manufacturing sector.
Access full report @ https://www.reportsnreports.com/purchase.aspx?name=946539
"In terms of both value and volume, transformers are projected to be the fastest-growing segment from 2021 to 2026, for electrical steel."
Transformers are projected to be the fastest-growing segment in the electrical steel market. The growth of this segment is mainly attributed to the high demand for electrical steel as it is used in power generation, transmission, and distribution industries. Electrical steel is used in electrical transformer cores and other electrical devices owing to the low hysteresis loss, high permeability, and high resistance it offers. It is used to make iron cores of motors.
"In terms of both value and volume, the APAC electrical steel market is projected to grow at the highest CAGR during the forecast period."
In terms of value and volume, the APAC region is projected to grow at the highest CAGR from 2020 to 2026.Emerging economies in APAC are expected to experience significant demand for electrical steel as a result of rapid economic development and urbanization. The growth of the electrical steel market in this region is attributed by the flourishing automotive and energy industry.
Competitive Landscape of Electrical Steel Market:
1 Overview
2 Key Player Strategies/Right To Win
3 Market Ranking
3.1 Arcelormittal
3.2 Posco
3.3 Voestalpine Ag
3.4 Baosteel
3.5 Nippon Steel & Sumitomo Metal Corporation
4 Revenue Analysis Of Top Market Players
5 Market Share Analysis
6 Company Evaluation Quadrant
6.1 Star
6.2 Pervasive
6.3 Emerging Leaders
6.4 Participants
7 Competitive Benchmarking
7.1 Strength Of Product Portfolio
7.2 Business Strategy Excellence
8 Competitive Leadership Mapping Of Smes (Small And Medium-Sized Enterprises)
8.1 Progressive Companies
8.2 Responsive Companies
8.3 Starting Blocks
8.4 Dynamic Companies
9 Competitive Scenario And Trends
9.1 Deals
9.2 Others
Research Coverage:
The market study covers the electrical steel market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, end use industry, application and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the electrical steel market.
Special Offers (Buy this report and Get 30% Off) @ https://www.reportsnreports.com/contacts/discount.aspx?name=946539
Corporate Headquarters
Tower B5, office 101
Magarpatta SEZ,
Hadapsar, Pune-411013, India
sales@reportandreports.com / Call +1 888 391 5441
About Us:-
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electrical Steel Market Developments, Future Returns Worldwide and Top Key Players| United States Steel Corporation, ArcelorMittal, POSCO, Voestalpine AG, Baosteel here
News-ID: 2569197 • Views: …
More Releases from ReportsnReports
DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices
Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact!
Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices.
Register Now @ https://events.marketsandmarkets.com/devicecon-series-uk-edition-2024/register
MarketsandMarkets presents…
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Confer …
London, March 7, 2024 - MarketsandMarkets is thrilled to announce the eagerly awaited 5th Annual Infectious Disease and Molecular Diagnostics Conference, scheduled to take place on March 21st - 22nd, 2024, at the prestigious Millennium Gloucester Hotel, located at 4-18 Harrington Gardens, London SW7 4LH.
This conference promises to be a groundbreaking event, showcasing the latest trends and insights in diagnosis, as well as unveiling cutting-edge technologies that are revolutionizing the…
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays.
Enquire Now @ https://events.marketsandmarkets.com/infection-control-sterilization-and-decontamination-conference/
This conference aims to bring together all the stakeholders to discuss the obstacles in achieving…
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, S …
The global Breast Augmentation Market in terms of revenue was estimated to be worth $900 million in 2020 and is poised to reach $1,692 million by 2025, growing at a CAGR of 13.4% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying…
More Releases for Steel
Steel Beams Market is Booming Worldwide with Steel Dynamics, JSW Steel, JFE Stee …
HTF MI just released the Global Steel Beams Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Steel Beams Market are:
ArcelorMittal (Luxembourg), Nippon Steel (Japan),…
Special Ball Bearing Steel Market : Eminent Players - Nippon Steel, Suzhou Steel …
Market Description -
Los Angeles, (United States) - The information made available in the Special Ball Bearing Steel report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,…
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
