Electrical Steel Market by Type (Grain-oriented and Non Grain-oriented), Application (Transformers, Motors, Inductors), End-Use Industry (Energy, Automobile, Manufacturing, Household Appliances), and Region - Global Forecast to 2021

The electrical steel market size is estimated to grow from USD 27.84 Billion in 2016 to USD 38.98 Billion by 2021, at a CAGR of 7.0%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021.

The report aims at estimating the market size and future growth potential of the electrical steel market across different segments such as type, application, end-use industry, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.

The research methodology used to estimate and forecast the electrical steel market begins with capturing data on key vendor revenues through secondary research and associations such as Electric Steel Makers Guild Group and First Electric Arc Furnace Club. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall size of the global electrical steel market from the revenue of the key players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The market ecosystem includes various stakeholders involved in the supply chain of the electrical steel industry starting from raw materials suppliers, research & development, and manufacturing. Post this, the marketing and sales of the products take place which is only possible if an efficient distribution channel is developed. Finally, the end products are made available to the consumers. The global market for electrical steel is dominated by players such as ArcelorMittal (Luxembourg), POSCO (South Korea), Voestalpine Group (Austria), Baosteel (China), Nippon Steel & Sumitomo Metal Corporation (Japan), United States Steel Corporation (U.S.), Steel Authority of India Limited. (India), Tata Steel (India), JFE Steel Corporation (India), and Essar Steel (India).

Target Audience

• Raw material suppliers and producers
• Regulatory bodies
• Electric steel distributors/suppliers
• Local governments
• Market research and consulting firms
• End users (energy, automobiles, industrial, and household appliances)

Scope of the Report

The research report segments the electrical steel market into the following submarkets:

By Type:

• Grain-oriented
• Non grain-oriented
  • Fully-processed
  • Semi-processed

By Application:

• Transformers
• Current
• Power
• Distribution
• Motors
• Inductors
• Others (Battery and welding equipment)

By End-Use Industry:

• Energy
• Automobiles
• Manufacturing
• Household Appliances
• Others (Construction and fabrication)

By Region:

• North America
• Europe
• Asia-Pacific
• Middle East and Africa
• Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs. The following customization options are available for the report:

Product Analysis

• Product Matrix, which gives a detailed comparison of product portfolio of each company

Geographic Analysis

• Further analysis of the electrical steel market for additional countries

Company Information

• Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 20)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Regional Scope
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Units
    1.6 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Developing Economies to Witness Higher Demand for Electrical Steel
    4.2 Electrical Steel Market, By Type
    4.3 Electrical Steel Market, By Application
    4.4 Electrical Steel Market, By End-Use Industry
    4.5 Asia Pacific: Electrical Steel Market
    4.6 Electrical Steel Market: Regional Snapshot

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Urban Population Proliferate the Demand for Electrical Steel
                    5.3.1.2 High Consumption Rate of Electrical Steel in Transformers and Motors
           5.3.2 Restraints
                    5.3.2.1 Volatile Price of Raw Material
           5.3.3 Opportunities
                    5.3.3.1 Upcoming Regulations and Government Support
           5.3.4 Challenges
                    5.3.4.1 Safety and Technological Constraints
    5.4 Micro Economic Indicators

6 Electrical Steel Market, By Type (Page No. - 45)
    6.1 Introduction
    6.2 Non Grain-Oriented Steel
    6.3 Grain-Oriented Steel
           6.3.1 Fully Processed
           6.3.2 Semi-Processed

7 Electrical Steel Market, By Application (Page No. - 50)
    7.1 Introduction
           7.1.1 Transformers
                    7.1.1.1 Current Transformers
                    7.1.1.2 Power Transformers
                    7.1.1.3 Distribution Transformers
           7.1.2 Motors
           7.1.3 Inductors
           7.1.4 Others

8 Electrical Steel Market, By End-Use Industry (Page No. - 54)
    8.1 Introduction
           8.1.1 Energy
           8.1.2 Automobiles
           8.1.3 Manufacturing
           8.1.4 Household Appliances
           8.1.5 Others

9 Electrical Steel Market, By Region (Page No. - 58)
    9.1 Introduction
           9.1.1 Electrical Steel Market, By Type
           9.1.2 Electrical Steel Market, By Application
           9.1.3 Electrical Steel Market, By End-Use Industry
    9.2 North America
           9.2.1 North America: Electrical Steel Market, By Country
           9.2.2 North America: Electrical Steel Market, By Type
           9.2.3 North America: Electrical Steel Market, By Application
           9.2.4 North America: Electrical Steel Market, By End-Use Industry
           9.2.5 U.S.
                    9.2.5.1 U.S.: Electrical Steel Market, By Type
                    9.2.5.2 U.S.: Electrical Steel Market, By Application
                    9.2.5.3 U.S.: Electrical Steel Market, By End-Use Industry
           9.2.6 Canada
                    9.2.6.1 Canada: Electrical Steel Market, By Type
                    9.2.6.2 Canada: Electrical Steel Market, By Application
                    9.2.6.3 Canada: Electrical Steel Market, By End-Use Industry
           9.2.7 Mexico
                    9.2.7.1 Mexico: Electrical Steel Market, By Type
                    9.2.7.2 Mexico: Electrical Steel Market, By Application
                    9.2.7.3 Mexico: Electrical Steel Market, By End-Use Industry
    9.3 Europe
           9.3.1 Europe: Electrical Steel Market, By Country
           9.3.2 Europe: Electrical Steel Market, By Type
           9.3.3 Europe: Electrical Steel Market, By Application
           9.3.4 Europe: Electrical Steel Market, By End-Use Industry
           9.3.5 Germany
                    9.3.5.1 Germany: Electrical Steel Market, By Type
                    9.3.5.2 Germany: Electrical Steel Market, By Application
                    9.3.5.3 Germany: Electrical Steel Market, By End-Use Industry
           9.3.6 U.K.
                    9.3.6.1 U.K.: Electrical Steel Market, By Type
                    9.3.6.2 U.K.: Electrical Steel Market, By Application
                    9.3.6.3 U.K.: Electrical Steel Market, By End-Use Industry
           9.3.7 France
                    9.3.7.1 France: Electrical Steel Market, By Type
                    9.3.7.2 France: Electrical Steel Market, By Application
                    9.3.7.3 France: Electrical Steel Market, By End-Use Industry
           9.3.8 Russia
                    9.3.8.1 Russia: Electrical Steel Market, By Type
                    9.3.8.2 Russia: Electrical Steel Market, By Application
                    9.3.8.3 Russia: Electrical Steel Market, By End-Use Industry
           9.3.9 Rest of Europe
                    9.3.9.1 Rest of Europe: Electrical Steel Market, By Type
                    9.3.9.2 Rest of Europe: Electrical Steel Market, By Application
                    9.3.9.3 Rest of Europe: Electrical Steel Market, By End-Use Industry
    9.4 Asia-Pacific
           9.4.1 Asia-Pacific: Electrical Steel Market, By Country
           9.4.2 Asia-Pacific: Electrical Steel Market, By Type
           9.4.3 Asia-Pacific: Electrical Steel Market, By Application
           9.4.4 Asia-Pacific: Electrical Steel Market, By End-Use Industry
           9.4.5 China
                    9.4.5.1 China: Electrical Steel Market, By Type
                    9.4.5.2 China: Electrical Steel Market, By Application
                    9.4.5.3 China: Electrical Steel Market, By End-Use Industry
           9.4.6 India
                    9.4.6.1 India: Electrical Steel Market, By Type
                    9.4.6.2 India: Electrical Steel Market, By Application
                    9.4.6.3 India: Electrical Steel Market, By End-Use Industry
           9.4.7 Japan
                    9.4.7.1 Japan: Electrical Steel Market, By Type
                    9.4.7.2 Japan: Electrical Steel Market, By Application
                    9.4.7.3 Japan: Electrical Steel Market, By End-Use Industry
           9.4.8 South Korea
                    9.4.8.1 South Korea: Electrical Steel Market, By Type
                    9.4.8.2 South Korea: Electrical Steel Market, By Application
                    9.4.8.3 South Korea: Electrical Steel Market, By End-Use Industry
           9.4.9 Rest of Asia-Pacific
                    9.4.9.1 Rest of Asia-Pacific: Electrical Steel Market, By Type
                    9.4.9.2 Rest of Asia-Pacific: Electrical Steel Market, By Application
                    9.4.9.3 Rest of Asia-Pacific: Electrical Steel Market, By End-Use Industry
    9.5 Middle East & Africa
           9.5.1 Middle East & Africa: Electrical Steel Market, By Country
           9.5.2 Middle East & Africa: Electrical Steel Market, By Type
           9.5.3 Middle East & Africa: Electrical Steel Market, By Application
           9.5.4 Middle East & Africa: Electrical Steel Market, By End-Use Industry
           9.5.5 South Africa
                    9.5.5.1 South Africa: Electrical Steel Market, By Type
                    9.5.5.2 South Africa: Electrical Steel Market, By Application
                    9.5.5.3 South Africa: Electrical Steel Market, By End-Use Industry
           9.5.6 Saudi Arabia
                    9.5.6.1 Saudi Arabia: Electrical Steel Market, By Type
                    9.5.6.2 Saudi Arabia: Electrical Steel Market, By Application
                    9.5.6.3 Saudi Arabia: Electrical Steel Market, By End-Use Industry
           9.5.7 Egypt
                    9.5.7.1 Egypt: Electrical Steel Market, By Type
                    9.5.7.2 Egypt: Electrical Steel Market, By Application
                    9.5.7.3 Egypt: Electrical Steel Market, By End-Use Industry
           9.5.8 Qatar
                    9.5.8.1 Qatar: Electrical Steel Market, By Type
                    9.5.8.2 Qatar: Electrical Steel Market, By Application
                    9.5.8.3 Qatar: Electrical Steel Market, By End-Use Industry
           9.5.9 Rest of Middle East & Africa
                    9.5.9.1 Rest of Middle East & Africa: Electrical Steel Market, By Type
                    9.5.9.2 Rest of Middle East & Africa: Electrical Steel Market, By Application
                    9.5.9.3 Rest of Middle East & Africa: Electrical Steel Market, By End-Use Industry
    9.6 South America
           9.6.1 South America: Electrical Steel Market, By Country
           9.6.2 South America: Electrical Steel Market, By Type
           9.6.3 South America: Electrical Steel Market, By Application
           9.6.4 South America: Electrical Steel Market, By End-Use Industry
           9.6.5 Brazil
                    9.6.5.1 Brazil: Electrical Steel Market, By Type
                    9.6.5.2 Brazil: Electrical Steel Market, By Application
                    9.6.5.3 Brazil: Electrical Steel Market, By End-Use Industry
           9.6.6 Argentina
                    9.6.6.1 Argentina: Electrical Steel Market, By Type
                    9.6.6.2 Argentina: Electrical Steel Market, By Application
                    9.6.6.3 Argentina: Electrical Steel Market, By End-Use Industry
           9.6.7 Chile
                    9.6.7.1 Chile: Electrical Steel Market, By Type
                    9.6.7.2 Chile: Electrical Steel Market, By Application
                    9.6.7.3 Chile: Electrical Steel Market, By End-Use Industry
           9.6.8 Peru
                    9.6.8.1 Peru: Electrical Steel Market, By Type
                    9.6.8.2 Peru: Electrical Steel Market, By Application
                    9.6.8.3 Peru: Electrical Steel Market, By End-Use Industry
           9.6.9 Rest of South America
                    9.6.9.1 Rest of South America: Electrical Steel Market, By Type
                    9.6.9.2 Rest of South America: Electrical Steel Market, By Application
                    9.6.9.3 Rest of South America: Electrical Steel Market, By End-Use Industry

10 Competitive Landscape (Page No. - 153)
     10.1 Overview
     10.2 Competitive Situations & Trends
     10.3 Market Share of Leading Electrical Steel Manufacturing Companies
             10.3.1 Arcelormittal
             10.3.2 Posco
             10.3.3 Nippon Steel
             10.3.4 Baosteel
     10.4 Agreement & Contracts, Joint Ventures, and Collaborations
     10.5 Expansion & Investments
     10.6 New Product & Technology Launches
     10.7 Mergers & Acquisitions

11 Company Profile (Page No. - 161)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     11.1 Introduction
     11.2 Arcelormittal
     11.3 Posco
     11.4 Voestalpine Group
     11.5 Baosteel
     11.6 Nippon Steel & Sumitomo Metal Corporation
     11.7 United States Steel Corporation
     11.8 Steel Authority of India Limited
     11.9 Tata Steel Limited
     11.10 JFE Steel Corporation
     11.11 Essar Steel
     11.12 Hebei Puyang Iron and Steel Group
     11.13 Jiangsu Shagang International Trade Co. Ltd.
     11.14 China Steel Corporation
     11.15 JSW Steel
     11.16 Wuhan Iron & Steel Corporation
     11.17 Thyssenkrupp AG
     11.18 Angang Steel Company Limited
     11.19 Electrosteel Limited
     11.20 Allengency Technologies
     11.21 Union Electric Steel Corporation

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix (Page No. - 191)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details

List of Tables (198 Tables)

Table 1 Electrical Steel Market Size, By Type, 2014–2021 (USD Billion)
Table 2 Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 3 Non Grain-Oriented Electrical Steel Market, By Type, 2014–2021 (USD Billion)
Table 4 Non Grain-Oriented Electrical Steel Market, By Type, 2014–2021 (KT)
Table 5 Electrical Steel Market Size, By Application, 2014–2021 (USD Billion )
Table 6 Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 7 Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Billion)
Table 8 Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 9 Electrical Steel Market Size, By Region, 2014–2021 (USD Billion)
Table 10 Electrical Steel Market Size, By Region, 2014–2021 (KT)
Table 11 Electrical Steel Market Size, By Type, 2014–2021 (USD Billion)
Table 12 Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 13 Electrical Steel Market Size, By Application, 2014–2021 (USD Billion)
Table 14 Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 15 Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Billion)
Table 16 Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 17 North America: Electrical Steel Market Size, By Country, 2014–2021 (USD Million)
Table 18 North America: Electrical Steel Market Size, By Country, 2014–2021 (KT)
Table 19 North America: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 20 North America: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 21 North America: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 22 North America: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 23 North America: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 24 North America: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 25 U.S.: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 26 U.S.: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 27 U.S.: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 28 U.S.: Electrical Steel Market Size, By Application, 2014–2021
Table 29 U.S.: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 30 U.S.: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 31 Canada: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 32 Canada: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 33 Canada: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 34 Canada: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 35 Canada: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 36 Canada: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 37 Mexico: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 38 Mexico: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 39 Mexico: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 40 Mexico : Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 41 Mexico: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 42 Mexico: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 43 Europe: Electrical Steel Market Size, By Country, 2014–2021 (USD Million)
Table 44 Europe: Electrical Steel Market Size, By Country, 2014–2021 (KT)
Table 45 Europe: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 46 Europe: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 47 Europe: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 48 Europe : Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 49 Europe: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 50 Europe: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 51 Germany: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 52 Germany: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 53 Germany: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 54 Germany: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 55 Germany: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 56 Germany: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 57 U.K.: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 58 U.K.: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 59 U.K.: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 60 U.K.: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 61 U.K.: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 62 U.K.: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 63 France: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 64 France: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 65 France: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 66 France: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 67 France: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 68 France: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 69 Russia: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 70 Russia: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 71 Russia: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 72 Russia: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 73 Russia: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 74 Russia: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 75 Rest of Europe: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 76 Rest of Europe: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 77 Rest of Europe: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 78 Rest of Europe: Electrical Steel Market Size, By Application , 2014–2021 (KT)
Table 79 Rest of Europe: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 80 Rest of Europe: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 81 Asia-Pacific: Electrical Steel Market Size, By Country, 2014–2021 (USD Million)
Table 82 Asia-Pacific: Electrical Steel Market Size, By Country, 2014–2021 (KT)
Table 83 Asia-Pacific: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 84 Asia-Pacific: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 85 Asia-Pacific: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 86 Asia-Pacific: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 87 Asia-Pacific: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 88 Asia-Pacific: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 89 China: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 90 China: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 91 Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 92 China: Electrical Steel Market Size, By Application, 2014–2021
Table 93 China: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 94 China: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 95 India: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 96 India: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 97 India: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 98 India: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 99 India: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 100 India: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 101 Japan: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 102 Japan: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 103 Japan: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 104 Japan: Electrical Steel Market Size, By Application 2014–2021 (KT)
Table 105 Japan: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 106 Japan: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 107 South Korea: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 108 South Korea: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 109 South Korea: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 110 South Korea: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 111 South Korea: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 112 South Korea Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 113 Rest of Asia-Pacific: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 114 Rest of Asia-Pacific: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 115 Rest of Asia-Pacific: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 116 Rest of Asia-Pacific: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 117 Rest of Asia-Pacific: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 118 Rest of Asia-Pacific: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 119 Middle East & Africa: Electrical Steel Market Size, By Country, 2014–2021 (USD Million)
Table 120 Middle East & Africa: Electrical Steel Market Size, By Country, 2014–2021 (KT)
Table 121 Middle East & Africa: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 122 Middle East & Africa: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 123 Middle East & Africa: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 124 Middle East & Africa: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 125 Middle East & Africa: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 126 Middle East & Africa: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 127 South Africa: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 128 South Africa: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 129 South Africa: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 130 South Africa: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 131 South Africa: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 132 South Africa: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 133 Saudi Arabia: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 134 Saudi Arabia: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 135 Saudi Arabia: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 136 Saudi Arabia: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 137 Saudi Arabia: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 138 Saudi Arabia: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 139 Egypt: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 140 Egypt: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 141 Egypt: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 142 Egypt: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 143 Egypt: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 144 Egypt: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 145 Qatar: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 146 Qatar: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 147 Qatar: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 148 Qatar: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 149 Qatar : Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 150 Qatar: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 151 Rest of Middle East & Africa: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 152 Rest of Middle East & Africa: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 153 Rest of Middle East & Africa: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 154 Rest of Middle East & Africa: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 155 Rest of Middle East & Africa: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 156 Rest of Middle East & Africa: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 157 South America: Electrical Steel Market Size, By Country, 2014–2021 (USD Million)
Table 158 South America: Electrical Steel Market Size, By Country, 2014–2021 (KT)
Table 159 South America: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 160 South America: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 161 South America: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 162 South America: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 163 South America: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 164 South America: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 165 Brazil: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 166 Brazil: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 167 Brazil: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 168 Brazil: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 169 Brazil: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 170 Brazil: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 171 Argentina: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 172 Argentina: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 173 Argentina: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 174 Argentina: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 175 Argentina: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 176 Argentina: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 177 Chile: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 178 Chile: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 179 Chile: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 180 Chile: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 181 Chile: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 182 Chile: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 183 Peru: Electrical Steel Market Size, By Type, 2014–2021 (USD Million)
Table 184 Peru: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 185 Peru: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 186 Peru: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 187 Peru: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 188 Peru: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 189 Rest of South America: Electrical Steel Market Size, By Type, 2015–2021 (USD Million)
Table 190 Rest of South America: Electrical Steel Market Size, By Type, 2014–2021 (KT)
Table 191 Rest of South America: Electrical Steel Market Size, By Application, 2014–2021 (USD Million)
Table 192 Rest of South America: Electrical Steel Market Size, By Application, 2014–2021 (KT)
Table 193 Rest of South America: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 194 Rest of South America: Electrical Steel Market Size, By End-Use Industry, 2014–2021 (KT)
Table 195 Agreements & Contracts, Joint Ventures, and Collaborations Along With Expansion & Investment Have Fueled the Growth of the Electrical Steel Market, 2012– 2017
Table 196 Agreement & Contracts, Joint Ventures, and Collaborations, 2012–2017
Table 197 Expansion & Investments, 2012– 2017
Table 198 Mergers & Acquisitions, 2012– February 2017

List of Figures (42 Figures)

Figure 1 Electrical Steel: Market Segmentation
Figure 2 Electrical Steel Market, By Region
Figure 3 Electrical Steel Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Electrical Steel: Data Triangulation
Figure 7 Transformers Segment is Projected to Remain the Largest Application Segment Through 2021
Figure 8 Non-Grain-Oriented Segment is Projected to Account for the Largest Share in the Electrical Steel Market Through 2021
Figure 9 Energy is Expected to Lead the Market for Electrical Steel Through 2021
Figure 10 Asia-Pacific Dominated the Electrical Steel Market in 2015
Figure 11 Emerging Economies Offer Attractive Opportunities in the Electrical Steel Market
Figure 12 Grain-Oriented Segment to Lead the Market for Electrical Steel Market Through 2021
Figure 13 Transformers Segment to Grow at the Highest Rate During the Forecast Period
Figure 14 Energy Segment to Grow at the Highest Rate During the Forecast Period
Figure 15 Transformers Segment Captured the Largest Share in the Asia Pacific Market in 2016
Figure 16 Market in China is Projected to Grow at the Highest Rate From 2016 to 2021
Figure 17 Evolution of the Electrical Steel Market
Figure 18 Electrical Steel: Market Segmentation
Figure 19 Non-Grain Oriented Segment is Projected to Grow at the Highest Rate From 2016 to 2021
Figure 20 Semi-Processed Segment is Projected to Grow at the Highest Rate From 2016 to 2021
Figure 21 Transformers Segment is Projected to Grow at the Highest Rate From 2016 to 2021
Figure 22 Energy Segment is Projected to Grow at the Highest Rate From 2016 to 2021
Figure 23 Geographic Snapshot (2016–2021): the Market in China is Projected to Grow at the Highest Rate, in Terms of Value
Figure 24 Asia-Pacific Electrical Steel Market Snapshot: China is Projected to Be the Fastest-Growing Market Between 2016 & 2021
Figure 25 2016 Was an Active Year for Companies in the Electrical Steel Market, in Terms of Number of Developments
Figure 26 Electrical Steel Market, By Shares of Electrical Steel Manufacturers, 2015
Figure 27 Agreements & Contracts, Joint Ventures, and Collaborations: the Key Strategies, 2012-2017
Figure 28 Arcelormittal: Company Snapshot
Figure 29 Arcelormittal: SWOT Analysis
Figure 30 Posco: Company Snapshot
Figure 31 Posco: SWOT Analysis
Figure 32 Voestalpine: Company Snapshot
Figure 33 Voestalpine: SWOT Analysis
Figure 34 Baosteel: Company Snapshot
Figure 35 Baosteel: SWOT Analysis
Figure 36 Nippon Steel & Sumitomo Metal Corporation: Company Snapshot
Figure 37 Nippon Steel & Sumitomo Metal Corporation: SWOT Analysis
Figure 38 United State Steel Corporation : Company Snapshot
Figure 39 Steel Authority of India Limited: Company Snapshot
Figure 40 Tata Steel Limited: Company Snapshot
Figure 41 JFE Steel Corporation: Company Snapshot
Figure 42 Essar Steel Limited: Company Snapshot

MarketsandMarkets projects that the electrical steel market size will grow from USD 27.84 Billion in 2016 to USD 38.98 Billion by 2021, at an estimated CAGR of 7.0%. The electrical steel market is witnessing considerable growth due to advancements in technology and the high efficiency of electrical steel. The electrical steel market has immense opportunities due to the increasing demand from the power sector.

On the basis of type, the electrical steel market is segmented into grain-oriented and non grain-oriented electrical steel. Non grain-oriented electrical steel is projected to grow at a higher CAGR during the forecast period. Increased 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 value, the transformer industry, by application, is projected to grow at the highest CAGR during the forecasted year. Factors such as increase in demand for energy on a global scale is expected to drive the transformers segment over the next few years. Moreover, the need for upgrading transmission and distribution networks and equipment is expected to be a critical success factor for the growth of the transformers industry.

In terms of value, the energy sector, by end-use, is projected to grow at the highest rate during the forecast period. This can be attributed to the growth of economies across the globe, which is directly linked to the growth of the power sector. In addition, the growing industrialization in developed & developing economies is also expected to further drive the energy segment in the electrical steel market.

In 2015, the Asia-Pacific market accounted for the largest share of the global electrical steel market, followed by Europe and North America. However, as the electrical steel market in developed countries is maturing, markets in developing countries such as China, India, and Brazil are projected to grow at a higher rate from 2016 to 2021. Asia-Pacific is projected to grow faster than any other region-level market. The transmission & distribution infrastructure in the region is in the initial stage of grid restructuring. China, Japan, and India, among others, are investing in grid expansion projects to increase grid reliability, which is expected to drive the transformers market in the region, and in turn, the electrical steel market as well

Currently, Asia-Pacific is the largest market for electrical steel where India and China are the major country-level markets. The Asia-Pacific electrical steel market is projected to register the highest CAGR during the forecast period, as it is the most widely populated region in the world, and subsequently witnesses a high demand for electricity. The transmission & distribution infrastructure in the region is in the initial stage of grid restructuring. China, Japan, and India, among others, are investing in grid expansion projects to increase grid reliability which drives the demand for transformers, which in turn would drive the electrical steel market as well. However, the volatility in the prices of raw materials is restraining the growth of the electrical steel market.

The global electrical steel market is dominated by players such as Arcelor Mittal SA (Luxembourg), POSCO (South Korea), Voestalpine Group (Austria), Baosteel Group Corporation (China), Nippon Steel & Sumitomo Metal Corporation (Japan), United State Steel Corporation (U.S.), Steel Authority of India Limited (India). These players adopted various strategies such as new product launches, expansions & investments, agreements & contracts, and mergers & acquisitions to develop the electrical steel market.

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