Global Grain Oriented Electrical Steel Market Report 2024

Grain Oriented Electrical Steel Global Market Report 2024 – By Type (High Magnetic Strength, Conventional, Domain Refinement), By Application (Transformer, Power Generator, Motor, Other Applications), By End-User (Electrical Steel For Automobiles, Electrical Steel For Manufacturing, Electrical Steel For Energy Generation, Electrical Steel For Household Appliances, Electrical Steel For Other End Uses) – Market Size, Trends, And Global Forecast 2024-2033

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Grain Oriented Electrical Steel Market Definition And Segments

Grain-oriented electrical steel is a specialized type of steel and a vital component in the production of energy-efficient transformers and large, high-performance generators. It is mainly employed in instrument and current transformers, power, and high-voltage direct current transmission cores.

The main types of products in grain-oriented electrical steel are high magnetic strength, conventional, and domain refinement. High magnetic strength steel refers to a type of alloy steel that has better mechanical qualities and higher corrosion resistance than normal carbon steel. These are used for several applications, including transformers, power generators, motors, and others. The main end-users are electrical steel for automobiles, electrical steel for manufacturing, electrical steel for energy generation, electrical steel for household appliances, and others.

The grain oriented electrical steel market covered in this report is segmented –

1) By Type: High Magnetic Strength, Conventional, Domain Refinement

2) By Application: Transformer, Power Generator, Motor, Other Applications

3) By End-User: Electrical Steel For Automobiles, Electrical Steel For Manufacturing, Electrical Steel For Energy Generation, Electrical Steel For Household Appliances, Electrical Steel For Other End Uses

The grain oriented electrical steel market size has grown steadily in recent years. It will grow from $7.3 billion in 2023 to $7.54 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to increased demand in power generation, expansion of power infrastructure, industrialization and urbanization, efficiency improvements in electrical equipment, and renewable energy integration.

The grain oriented electrical steel market size is expected to see steady growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to continued growth in power demand, smart grid implementation, rise in electric vehicle production, energy efficiency regulations, and increasing investments in transmission and distribution networks. Major trends in the forecast period include a rise in electric vehicle infrastructure, strategic collaborations and partnerships, focus on sustainable and green technologies, market expansion in Asia-Pacific, supply chain optimization.

Rising Demand For Electric Vehicles Fuels Growth In The Grain-Oriented Electric Steel Market

The increasing demand for electric vehicles is expected to propel the demand for the grain-oriented electric steel market going forward. Electric vehicles (EVs) refer to automobiles that are powered by one or more electric motors. They use electricity stored in batteries or obtained from an external power source, such as a charging station, to propel the vehicle. Grain-oriented electrical steel is crucial for the development of electric vehicle charging infrastructure. Its role in the larger electrical and power industries indirectly supports the development and operation of electric vehicles through its application in motors, charging infrastructure, and power electronics. For instance, in April 2023, according to the report released by the International Energy Agency., a France-based intergovernmental organization, more than 10 million electric vehicles were sold worldwide in 2022, and these sales are expected to increase by another 35% in 2023 to reach 14 million. Also, in 2022, the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, reported that in the first half of 2022, almost 4.3 million battery-powered electric cars (BEVs) and plug-in hybrid electric vehicles (PHEVs) were sold globally. PHEV sales increased by 37% and BEVs by 75% yearly in 2022. Therefore, increasing demand for electric vehicles is driving the growth of the grain-oriented electric steel market.

Growing Demand For Renewable Energy Propels Grain-Oriented Electrical Steel (GOES) Market Growth

Increasing demand for renewable energy is expected to propel the growth of the grain-oriented electrical steel (GOES) market going forward. Renewable energy refers to energy derived from sources that are naturally replenished on a human timescale and can be utilized without depleting the resource. GOES is a type of electrical steel specifically designed for use in transformers. Transformers play a crucial role in renewable energy systems, where they are used to step up or step down voltages in power generation, transmission, and distribution. For instance, in 2022, according to IEA (International Energy Agency), a Paris-based autonomous international government organization, renewable energy supply from solar, wind, hydro, geothermal, and ocean sources rose by close to 8%, Additionally, the US power grid is shifting from fossil fuels to renewables, with renewables projected to increase by about 380% from 2022 through 2050. Therefore, the rising demand for renewable energy is driving the growth of the grain-oriented electrical steel market.

Increasing Industrialization Fuels Growth in the Grain-Oriented Electrical Steel (GOES) Market

Increasing industrialization is expected to propel the growth of the grain-oriented electrical steel (GOES) market going forward. Industrialization refers to the process of economic and social transformation that is characterized by the widespread adoption of industrial methods of production. As industrialization increases, there is a higher demand for electrical power and energy infrastructure. Industries require efficient and reliable electrical systems to power machinery, equipment, and other operations. For example, in September 2023, according to the National Bureau of Statistics of China, a China-based government agency, industrial production in China rose 4.5% in August from a year earlier, up from a 3.7% increase in July. Therefore, increasing industrialization is driving the growth of the grain-oriented electrical steel (GOES) market.

Major companies operating in the grain oriented electrical steel market report are Thyssenkrupp AG, POSCO International Corporation, Nippon Steel Corporation, JFE Steel Corporation, NLMK Group, Baowu Group, AK Steel Holdings Corporation, Tata Steel Limited, ArcelorMittal, Shougang Group Co Ltd., Cleveland-Cliffs Inc., Aperam SA, TC Metal Co, Mapes & Sprowl Steel LLC, Tempel Steel, China Baowu Steel Group Corp Ltd., Gerdau S.A., Allegheny Technologies Incorporated, United States Steel Corporation, Voestalpine Group, CSC Steel Sdn. Bhd., Kobe Steel Ltd., Sumitomo Metal Industries Ltd., Baosteel Group Corporation, Jindal Steel and Power Limited, JSW Steel Ltd., Essar Steel, Cogent Power Limited, Ansteel Group Corporation Limited, Baoshan Iron & Steel Co. Ltd., Benxi Iron and Steel Group Co. Ltd., Hebei Iron and Steel Group Co. Ltd., Hunan Valin Steel Co. Ltd., Jiangsu Shagang Group Co. Ltd., Maanshan Iron & Steel Company Limited, Shandong Iron and Steel Group Co. Ltd., Tata Iron and Steel Company Limited, World Industrial Specialty Company Inc., Wuhan Iron and Steel (Group) Corp.

Thyssenkrupp Launches Bluemint Steel With Reduced Co2 Intensity In The Grain-Oriented Electric Steel Market

Product innovation is the key trend gaining popularity in the grain-oriented electric steel market. Major companies operating in the grain-oriented electric steel market are developing innovative products to strengthen their position in the market. For instance, in October 2021, ThyssenKrupp AG., a Germany-based engineering company that manufactures grain-oriented electrical steel, launched Bluemint steel, a high-quality flat steel with reduced CO2 intensity. This innovative product has a power core with 50% less CO2 intensity. Due to its reduced core losses, low-emission electric steel offers great current transport efficiency. Bluemint steel is designed to manufacture transformers using electrical steel that has been CO2-reduced for new digital E.ON medium-voltage substations. Additionally, it includes features such as corrosion resistance, recycling, aesthetics, formability, and improved sustainability.

Strategic Partnership And Development In The Grain-Oriented Electrical Steel Market

Major companies operating in the grain-oriented electrical steel market are entering into strategic partnerships and collaborations to sustain their position in the market. Strategic partnerships are collaborative relationships formed between two or more organizations to achieve specific business objectives or goals. For instance, in May 2021, JFE Steel Corporation, a Japan-based steel manufacturer, announced that it has signed a Memorandum of Understanding to conduct a Feasibility Study with JSW Steel Limited (JSW), an India-based steel producer, to establish a Grain oriented electrical steel sheet manufacturing and sales joint-venture company in India.  

Asia-Pacific was the largest region in the global grain-oriented electrical steel market in 2023. The regions covered in the grain oriented electrical steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the grain oriented electrical steel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The grain-oriented electrical steel market consists of sales of wound cores, laminations, cold-rolled steel, goss texture, metal cladding, and silicon steels. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The grain-oriented electrical steel market research report is one of a series of new reports from The Business Research Company that provides grain-oriented electrical steel market statistics, including grain-oriented electrical steel industry global market size, regional shares, competitors with a grain-oriented electrical steel market share, detailed grain-oriented electrical steel market segments, market trends and opportunities, and any further data you may need to thrive in the grain-oriented electrical steel industry. This grain-oriented electrical steel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Grain Oriented Electrical Steel Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $7.54 billion
Revenue Forecast In 2033 $8.46 billion
Growth Rate CAGR of 2.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: High Magnetic Strength, Conventional, Domain Refinement
2) By Application: Transformer, Power Generator, Motor, Other Applications
3) By End-User: Electrical Steel For Automobiles, Electrical Steel For Manufacturing, Electrical Steel For Energy Generation, Electrical Steel For Household Appliances, Electrical Steel For Other End Uses
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Thyssenkrupp AG; POSCO International Corporation; Nippon Steel Corporation; JFE Steel Corporation; NLMK Group; Baowu Group; AK Steel Holdings Corporation; Tata Steel Limited; ArcelorMittal; Shougang Group Co Ltd.; Cleveland-Cliffs Inc.; Aperam SA; TC Metal Co; Mapes & Sprowl Steel LLC; Tempel Steel; China Baowu Steel Group Corp Ltd.; Gerdau S.A.; Allegheny Technologies Incorporated; United States Steel Corporation; Voestalpine Group; CSC Steel Sdn. Bhd.; Kobe Steel Ltd.; Sumitomo Metal Industries Ltd.; Baosteel Group Corporation; Jindal Steel and Power Limited; JSW Steel Ltd.; Essar Steel; Cogent Power Limited; Ansteel Group Corporation Limited; Baoshan Iron & Steel Co. Ltd.; Benxi Iron and Steel Group Co. Ltd.; Hebei Iron and Steel Group Co. Ltd.; Hunan Valin Steel Co. Ltd.; Jiangsu Shagang Group Co. Ltd.; Maanshan Iron & Steel Company Limited; Shandong Iron and Steel Group Co. Ltd.; Tata Iron and Steel Company Limited; World Industrial Specialty Company Inc; Wuhan Iron and Steel (Group) Corp.
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    Table Of Contents

    1. Executive Summary

    2. Grain Oriented Electrical Steel Market Characteristics

    3. Grain Oriented Electrical Steel Market Trends And Strategies

    4. Grain Oriented Electrical Steel Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Grain Oriented Electrical Steel Market Size and Growth

    5.1. Global Grain Oriented Electrical Steel Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Grain Oriented Electrical Steel Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Grain Oriented Electrical Steel Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Grain Oriented Electrical Steel Market Segmentation

    6.1. Global Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    High Magnetic Strength

    Conventional

    Domain Refinement

    6.2. Global Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Transformer

    Power Generator

    Motor

    Other Applications

    6.3. Global Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Electrical Steel For Automobiles

    Electrical Steel For Manufacturing

    Electrical Steel For Energy Generation

    Electrical Steel For Household Appliances

    Electrical Steel For Other End Uses

    7. Grain Oriented Electrical Steel Market Regional And Country Analysis

    7.1. Global Grain Oriented Electrical Steel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Grain Oriented Electrical Steel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Grain Oriented Electrical Steel Market

    8.1. Asia-Pacific Grain Oriented Electrical Steel Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Grain Oriented Electrical Steel Market

    9.1. China Grain Oriented Electrical Steel Market Overview

    9.2. China Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Grain Oriented Electrical Steel Market

    10.1. India Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Grain Oriented Electrical Steel Market

    11.1. Japan Grain Oriented Electrical Steel Market Overview

    11.2. Japan Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Grain Oriented Electrical Steel Market

    12.1. Australia Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Grain Oriented Electrical Steel Market

    13.1. Indonesia Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Grain Oriented Electrical Steel Market

    14.1. South Korea Grain Oriented Electrical Steel Market Overview

    14.2. South Korea Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Grain Oriented Electrical Steel Market

    15.1. Western Europe Grain Oriented Electrical Steel Market Overview

    15.2. Western Europe Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Grain Oriented Electrical Steel Market

    16.1. UK Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Grain Oriented Electrical Steel Market

    17.1. Germany Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Grain Oriented Electrical Steel Market

    18.5. France Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Grain Oriented Electrical Steel Market

    19.9. Italy Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Grain Oriented Electrical Steel Market

    20.13. Spain Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Grain Oriented Electrical Steel Market

    21.1. Eastern Europe Grain Oriented Electrical Steel Market Overview

    21.2. Eastern Europe Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Grain Oriented Electrical Steel Market

    22.1. Russia Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Grain Oriented Electrical Steel Market

    23.1. North America Grain Oriented Electrical Steel Market Overview

    23.2. North America Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Grain Oriented Electrical Steel Market

    24.1. USA Grain Oriented Electrical Steel Market Overview

    24.2. USA Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Grain Oriented Electrical Steel Market

    25.1. Canada Grain Oriented Electrical Steel Market Overview

    25.2. Canada Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Grain Oriented Electrical Steel Market

    26.1. South America Grain Oriented Electrical Steel Market Overview

    26.2. South America Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Grain Oriented Electrical Steel Market

    27.1. Brazil Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Grain Oriented Electrical Steel Market

    28.1. Middle East Grain Oriented Electrical Steel Market Overview

    28.2. Middle East Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Grain Oriented Electrical Steel Market

    29.1. Africa Grain Oriented Electrical Steel Market Overview

    29.2. Africa Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Grain Oriented Electrical Steel Market Competitive Landscape And Company Profiles

    30.1. Grain Oriented Electrical Steel Market Competitive Landscape

    30.2. Grain Oriented Electrical Steel Market Company Profiles

    30.2.1. Thyssenkrupp AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. POSCO International Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Nippon Steel Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. JFE Steel Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. NLMK Group

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Grain Oriented Electrical Steel Market Competitive Benchmarking

    32. Global Grain Oriented Electrical Steel Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Grain Oriented Electrical Steel Market

    34. Grain Oriented Electrical Steel Market Future Outlook and Potential Analysis

    34.1 Grain Oriented Electrical Steel Market In 2028 - Countries Offering Most New Opportunities

    34.2 Grain Oriented Electrical Steel Market In 2028 - Segments Offering Most New Opportunities

    34.3 Grain Oriented Electrical Steel Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Grain Oriented Electrical Steel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Grain Oriented Electrical Steel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Thyssenkrupp AG Financial Performance
  • Table 75: POSCO International Corporation Financial Performance
  • Table 76: Nippon Steel Corporation Financial Performance
  • Table 77: JFE Steel Corporation Financial Performance
  • Table 78: NLMK Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Grain Oriented Electrical Steel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Grain Oriented Electrical Steel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Grain Oriented Electrical Steel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Grain Oriented Electrical Steel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Grain Oriented Electrical Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Thyssenkrupp AG Financial Performance
  • Figure 75: POSCO International Corporation Financial Performance
  • Figure 76: Nippon Steel Corporation Financial Performance
  • Figure 77: JFE Steel Corporation Financial Performance
  • Figure 78: NLMK Group Financial Performance
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Frequently Asked Questions

What is the definition of the grain oriented electrical steel market?

Grain-oriented electrical steel is a specialized type of steel and a vital component in the production of energy-efficient transformers and large, high-performance generators. It is mainly employed in instrument and current transformers, power, and high-voltage direct current transmission cores. For further insights on the grain oriented electrical steel market, request a sample here

How will the grain oriented electrical steel market drivers and restraints affect the grain oriented electrical steel market dynamics? What forces will shape the grain oriented electrical steel industry going forward?

The grain oriented electrical steel market major growth driver - rising demand for electric vehicles fuels growth in the grain-oriented electric steel market. For further insights on the grain oriented electrical steel market, request a sample here

What is the forecast market size or the forecast market value of the grain oriented electrical steel market ?

The grain oriented electrical steel market size has grown steadily in recent years. It will grow from $7.3 billion in 2023 to $7.54 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to increased demand in power generation, expansion of power infrastructure, industrialization and urbanization, efficiency improvements in electrical equipment, renewable energy integration.. The grain oriented electrical steel market size is expected to see steady growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to continued growth in power demand, smart grid implementation, rise in electric vehicle production, energy efficiency regulations, increasing investments in transmission and distribution networks.. Major trends in the forecast period include rise in electric vehicle infrastructure, strategic collaborations and partnerships, focus on sustainable and green technologies, market expansion in asia-pacific, supply chain optimization.. For further insights on the grain oriented electrical steel market, request a sample here

How is the grain oriented electrical steel market segmented?

The grain oriented electrical steel market is segmented
1) By Type: High Magnetic Strength, Conventional, Domain Refinement
2) By Application: Transformer, Power Generator, Motor, Other Applications
3) By End-User: Electrical Steel For Automobiles, Electrical Steel For Manufacturing, Electrical Steel For Energy Generation, Electrical Steel For Household Appliances, Electrical Steel For Other End UsesFor further insights on the grain oriented electrical steel market,
request a sample here

Which region has the largest share of the grain oriented electrical steel market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the global grain-oriented electrical steel market in 2023. The regions covered in the grain oriented electrical steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the grain oriented electrical steel market, request a sample here.

Who are the major players in the grain oriented electrical steel market?

Major companies operating in the grain oriented electrical steel market report are Thyssenkrupp AG, POSCO International Corporation, Nippon Steel Corporation, JFE Steel Corporation, NLMK Group, Baowu Group, AK Steel Holdings Corporation, Tata Steel Limited, ArcelorMittal, Shougang Group Co Ltd., Cleveland-Cliffs Inc., Aperam SA, TC Metal Co, Mapes & Sprowl Steel LLC, Tempel Steel, China Baowu Steel Group Corp Ltd., Gerdau S.A., Allegheny Technologies Incorporated, United States Steel Corporation, Voestalpine Group, CSC Steel Sdn. Bhd., Kobe Steel Ltd., Sumitomo Metal Industries Ltd., Baosteel Group Corporation, Jindal Steel and Power Limited, JSW Steel Ltd., Essar Steel, Cogent Power Limited, Ansteel Group Corporation Limited, Baoshan Iron & Steel Co. Ltd., Benxi Iron and Steel Group Co. Ltd., Hebei Iron and Steel Group Co. Ltd., Hunan Valin Steel Co. Ltd., Jiangsu Shagang Group Co. Ltd., Maanshan Iron & Steel Company Limited, Shandong Iron and Steel Group Co. Ltd., Tata Iron and Steel Company Limited, World Industrial Specialty Company Inc, Wuhan Iron and Steel (Group) Corp. For further insights on the grain oriented electrical steel market, request a sample here.

What are the key trends in the grain oriented electrical steel market?

Major trend in the grain oriented electrical steel market - thyssenkrupp launches bluemint steel with reduced co2 intensity in the grain-oriented electric steel market. For further insights on the grain oriented electrical steel market, request a sample here.

What are the major opportunities in the grain oriented electrical steel market? What are the strategies for the grain oriented electrical steel market?

For detailed insights on the major opportunities and strategies in the grain oriented electrical steel market, request a sample here.

How does the grain oriented electrical steel market relate to the overall economy and other similar markets?

For detailed insights on grain oriented electrical steel market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the grain oriented electrical steel industry?

For detailed insights on the mergers and acquisitions in the grain oriented electrical steel industry, request a sample here.

What are the key dynamics influencing the grain oriented electrical steel market growth? SWOT analysis of the grain oriented electrical steel market.

For detailed insights on the key dynamics influencing the grain oriented electrical steel market growth and SWOT analysis of the grain oriented electrical steel industry, request a sample here.