The report on global electrical steel market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2016-2023. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
- High demand of electrical steel in transformers and motors
- Fluctuation in raw material cost
Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period:
- Base Year: 2016
- Estimated Year: 2017
- Forecast Till: 2023
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments based on type, application and end-user. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
Leading Segment in this market:
- By Type - Non Grain-Oriented Electrical Steel
- By Application - Transformer Industry
- By End-User - Energy Sector
- By Geography - Asia-Pacific
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Allegheny Technologies Incorporated, ArcelorMittal S.A., Baosteel Group, Essar Steel, JFE Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, POSCO, Steel Authority of India Limited, Tata Steel Limited, Union Electric Steel Corporation, United States Steel Corporation, and Voestalpine Group A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.
SEGMENTATIONS IN THE REPORT:
- Grain-Oriented Steel
- Non Grain-Oriented Steel
- Fully Processed
- Current Transformers
- Power Transformers
- Distribution Transformers
- Other (Batteries and Welding Equipment)
- Energy Sector
- Automobile Sector
- Manufacturing Sector
- Household Appliances
- North America (NA) – US, Canada & Rest of North America
- Europe (EU) – UK, Germany, France & Rest of Europe
- Asia Pacific (APAC) – China, Japan, India & Rest of APAC
- Latin America (LA) – Brazil & Rest of Latin America
- Middle East & Africa (MEA) – Middle East and Africa
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.