Grain Oriented Electrical Steel Market Moving in the Right Direction: ArcelorMittal, Voestalpine, Cogent Power

The latest study released on the Global Grain Oriented Electrical Steel Market by HTF MI Research evaluates market size, trend, and forecast to 2030. The Grain Oriented Electrical Steel market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
ArcelorMittal (Luxembourg), Voestalpine AG (Austria), ThyssenKrupp AG (Germany), Tata Steel Europe (Netherlands), Cogent Power Limited (United Kingdom), Nippon Steel Corporation (Japan), POSCO (South Korea), Baosteel Group Corporation (China), China Steel Corporation (Taiwan), Jindal Steel and Power Limited (India)

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The Global Grain Oriented Electrical Steel market was valued at USD 11.12 Billion in 2024 and is expected to reach USD 12.47 Billion by 2030, growing at a CAGR of 7.2 % during 2024-2030.

Definition:
Grain Oriented Electrical Steel (GOES) refers to a type of magnetic steel that is specifically designed for use in the core of transformers, generators, and other electrical devices. It exhibits superior magnetic properties due to its unique grain structure, which allows it to efficiently transmit and control the flow of electrical energy.

Market Trends:
• Increasing demand for energy-efficient transformers and electrical equipment.

Market Drivers:
• Rapid industrialization and urbanization in emerging economies, necessitating the expansion of power infrastructure.

Market Opportunity:

• Expansion of the renewable energy sector, particularly wind and solar power generation.

Major Highlights of the Grain Oriented Electrical Steel Market report released by HTF MI

Global Grain Oriented Electrical Steel Market Breakdown by Application (Transformer, Power Generator, Electric Motor, Others) by Type (Conventional, High Magnetic Strength, Domain Refinement) and by Geography (North America, South America, Europe,

Global Grain Oriented Electrical Steel market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• To carefully analyze and forecast the size of the Grain Oriented Electrical Steel market by value and volume.
• To estimate the market shares of major segments of the Grain Oriented Electrical Steel
• To showcase the development of the Grain Oriented Electrical Steel market in different parts of the world.
• To analyze and study micro-markets in terms of their contributions to the Grain Oriented Electrical Steel market, their prospects, and individual growth trends.
• To offer precise and useful details about factors affecting the growth of the Grain Oriented Electrical Steel
• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Grain Oriented Electrical Steel market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Grain Oriented Electrical Steel Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Grain Oriented Electrical Steel market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Grain Oriented Electrical Steel Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Grain Oriented Electrical Steel Market Production by Region Grain Oriented Electrical Steel Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Grain Oriented Electrical Steel Market Report:
• Grain Oriented Electrical Steel Overview, Definition and Classification Market drivers and barriers
• Grain Oriented Electrical Steel Market Competition by Manufacturers
• Grain Oriented Electrical Steel Capacity, Production, Revenue (Value) by Region (2024-2030)
• Grain Oriented Electrical Steel Supply (Production), Consumption, Export, Import by Region (2024-2030)
• Grain Oriented Electrical Steel Production, Revenue (Value), Price Trend by Type {Conventional, High Magnetic Strength, Domain Refinement}
• Grain Oriented Electrical Steel Market Analysis by Application {Transformer, Power Generator, Electric Motor, Others}
• Grain Oriented Electrical Steel Manufacturers Profiles/Analysis Grain Oriented Electrical Steel Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Browse Complete Summary and Table of Content @ https://www.htfmarketintelligence.com/report/global-grain-oriented-electrical-steel-market?utm_source=Vishwanath_OpenPR&utm_id=Vishwanath

Key questions answered
• How feasible is Grain Oriented Electrical Steel market for long-term investment?
• What are influencing factors driving the demand for Grain Oriented Electrical Steel near future?
• What is the impact analysis of various factors in the Global Grain Oriented Electrical Steel market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.