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Outlook on the Electrical Steel Global Market to 2027 – Opportunity Analysis and Industry Forecast

Dublin, Jan. 05, 2021 (GLOBE NEWSWIRE) — The “Electrical Steel Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. The global electrical steel market was valued at $15.0 billion in 2019, and is projected to reach $21.0 billion by 2027, growing at a CAGR of 5.8% from 2020 to 2027. Electrical steel is a ferromagnetic material containing silicon up to 6.5%. It has the potential to decrease the dissipation of heat, a problem that results in energy wastage. Electrical steel with 6.5% silicon has the most improved electrical and magnetic properties. The inclusion of silicon in steel increases resistivity, decreases hysteresis loss, and enhances permeability. The mostly used commercial electrical steel has around 3.25% of silicon. One of the significant factors that drive market growth is the increasing demand for energy from developing economies. Furthermore, rise in penetration for electrical vehicles is one of the factors expected to offer lucrative opportunities for the key players operating in the electrical steel market. The report segments the market on the basis of type, application, and region. By type, it is classified into grain oriented electrical steel and non grain-oriented electrical steel. Based on application, it is sub-divided into transformers, motors, generators, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.Key Benefits The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the market from 2020 to 2027, determining the prevailing opportunities.A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.The market size is provided in terms of volume and revenue.Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.Profiles of leading players operating in the market are provided to understand the competitive scenario.The report provides extensive qualitative insights into the significant segments and regions exhibiting favorable growth. Key Topics Covered: Chapter 1: Introduction1.1. Report Description1.2. Key Benefits for Stakeholders1.3. Key Market Segments1.4. Research Methodology1.4.1. Primary Research1.4.2. Secondary Research1.4.3. Analyst Tools and ModelsChapter 2: Executive Summary2.1. Key Findings of the Study2.2. Key Findings2.2.1. Top Investment Pockets2.3. CXO PerspectiveChapter 3: Market Overview3.1. Market Definition and Scope3.2. Key Forces Shaping Electrical Steel Market3.2.1. Bargaining Power of the Supplier3.2.2. Bargaining Power of the Buyer3.2.3. Threat of New Entrant3.2.4. Threat of Substitutes3.2.5. Competitive Rivalry3.3. Market Dynamics3.3.1. Drivers3.3.1.1. Increase in Demand from Energy Generation & Transmission Industries3.3.1.2. Growing Deployment of Renewable Energy3.3.2. Restraint3.3.2.1. Volatile Prices of Raw Materials3.3.3. Opportunity3.3.3.1. Increasing Usage of Electrical Vehicles3.4. Value Chain3.5. Pricing Analysis 2019-20273.6. Patent Analysis 2012-20193.7. Impact of Covid-19 Outbreak on the MarketChapter 4: Electrical Steel Market, by Type4.1. Overview4.1.1. Market Size and Forecast4.2. Grain-Oriented Electrical Steel4.2.1. Key Market Trends, Growth Factors, and Opportunities4.2.2. Market Size and Forecast, by Region4.2.3. Market Analysis, by Country4.3. Non-Grain Oriented Electrical Steel4.3.1. Key Market Trends, Growth Factors, and Opportunities4.3.2. Market Size and Forecast, by Region4.3.3. Market Analysis, by CountryChapter 5: Electrical Steel Market, by Application5.1. Overview5.1.1. Market Size and Forecast5.2. Transformers5.2.1. Key Market Trends, Growth Factors, and Opportunities5.2.2. Market Size and Forecast, by Region5.2.3. Market Analysis, by Country5.3. Motors5.3.1. Key Market Trends, Growth Factors, and Opportunities5.3.2. Market Size and Forecast, by Region5.3.3. Market Analysis, by Country5.4. Generators5.4.1. Key Market Trends, Growth Factors, and Opportunities5.4.2. Market Size and Forecast, by Region5.4.3. Market Analysis, by Country5.5. Others5.5.1. Key Market Trends, Growth Factors, and Opportunities5.5.2. Market Size and Forecast, by Region5.5.3. Market Analysis, by CountryChapter 6: Electrical Steel Market, by Region6.1. Overview6.1.1. Market Size and Forecast6.2. North America6.2.1. Key Market Trends, Growth Factors, and Opportunities6.2.2. Market Size and Forecast, by Type6.2.3. Market Size and Forecast, by Application6.2.4. Market Size and Forecast, by Country6.2.5. U.S.6.2.5.1. Market Size and Forecast, by Type6.2.5.2. Market Size and Forecast, by Application6.2.6. Canada6.2.6.1. Market Size and Forecast, by Type6.2.6.2. Market Size and Forecast, by Application6.2.7. Mexico6.2.7.1. Market Size and Forecast, by Type6.2.7.2. Market Size and Forecast, by Application6.3. Europe6.3.1. Key Market Trends, Growth Factors, and Opportunities6.3.2. Market Size and Forecast, by Type6.3.3. Market Size and Forecast, by Application6.3.4. Market Size and Forecast, by Country6.3.5. Germany6.3.5.1. Market Size and Forecast, by Type6.3.5.2. Market Size and Forecast, by Application6.3.6. France6.3.6.1. Market Size and Forecast, by Type6.3.6.2. Market Size and Forecast, by Application6.3.7. Uk6.3.7.1. Market Size and Forecast, by Type6.3.7.2. Market Size and Forecast, by Application6.3.8. Italy6.3.8.1. Market Size and Forecast, by Type6.3.8.2. Market Size and Forecast, by Application6.3.9. Spain6.3.9.1. Market Size and Forecast, by Type6.3.9.2. Market Size and Forecast, by Application6.3.10. Rest of Europe6.3.10.1. Market Size and Forecast, by Type6.3.10.2. Market Size and Forecast, by Application6.4. Asia-Pacific6.4.1. Key Market Trends, Growth Factors, and Opportunities6.4.2. Market Size and Forecast, by Type6.4.3. Market Size and Forecast, by Application6.4.4. Market Size and Forecast, by Country6.4.5. China6.4.5.1. Market Size and Forecast, by Type6.4.5.2. Market Size and Forecast, by Application6.4.6. Japan6.4.6.1. Market Size and Forecast, by Type6.4.6.2. Market Size and Forecast, by Application6.4.7. India6.4.7.1. Market Size and Forecast, by Type6.4.7.2. Market Size and Forecast, by Application6.4.8. Australia6.4.8.1. Market Size and Forecast, by Type6.4.8.2. Market Size and Forecast, by Application6.4.9. South Korea6.4.9.1. Market Size and Forecast, by Type6.4.9.2. Market Size and Forecast, by Application6.4.10. Rest of Asia-Pacific6.4.10.1. Market Size and Forecast, by Type6.4.10.2. Market Size and Forecast, by Application6.5. LAMEA6.5.1. Key Market Trends, Growth Factors, and Opportunities6.5.2. Market Size and Forecast, by Type6.5.3. Market Size and Forecast, by Application6.5.4. Market Size and Forecast, by Country6.5.5. Brazil6.5.5.1. Market Size and Forecast, by Type6.5.5.2. Market Size and Forecast, by Application6.5.6. Uae6.5.6.1. Market Size and Forecast, by Type6.5.6.2. Market Size and Forecast, by Application6.5.7. Saudi Arabia6.5.7.1. Market Size and Forecast, by Type6.5.7.2. Market Size and Forecast, by Application6.5.8. South Africa6.5.8.1. Market Size and Forecast, by Type6.5.8.2. Market Size and Forecast, by Application6.5.9. Rest of LAMEA6.5.9.1. Market Size and Forecast, by Type6.5.9.2. Market Size and Forecast, by ApplicationChapter 7: Competitive Landscape7.1. Introduction7.1.1. Market Player Positioning, 20197.2. Competitive Heatmap7.3. Product Mapping of Top 10 Player7.4. Key Developments7.4.1. New Product LaunchesChapter 8: Company Profiles8.1. Aperam8.1.1. Company Overview8.1.2. Company Snapshot8.1.3. Operating Business Segments8.1.4. Product Portfolio8.1.5. Business Performance8.2. Arcelormittal8.2.1. Company Overview8.2.2. Company Snapshot8.2.3. Operating Business Segments8.2.4. Product Portfolio8.2.5. R&D Expenditure8.2.6. Business Performance8.2.7. Key Strategic Moves and Developments8.3. Tata Steel8.3.1. Company Overview8.3.2. Company Snapshot8.3.3. Product Portfolio8.3.4. Business Performance8.4. Posco8.4.1. Company Overview8.4.2. Company Snapshot8.4.3. Operating Business Segments8.4.4. Product Portfolio8.4.5. R&D Expenditure8.4.6. Business Performance8.5. Nippon Steel Corporation8.5.1. Company Overview8.5.2. Company Snapshot8.5.3. Operating Business Segments8.5.4. Product Portfolio8.5.5. R&D Expenditure8.5.6. Business Performance8.6. Baosteel Group Hu8.6.1. Company Overview8.6.2. Company Snapshot8.6.3. Operating Business Segments8.6.4. Product Portfolio8.7. Voestalpine AG8.7.1. Company Overview8.7.2. Company Snapshot8.7.3. Operating Business Segments8.7.4. Product Portfolio8.7.5. R&D Expenditure8.7.6. Business Performance8.8. Jfe Holdings, Inc8.8.1. Company Overview8.8.2. Company Snapshot8.8.3. Operating Business Segments8.8.4. Product Portfolio8.8.5. Business Performance8.9. Cleveland-Cliffs Inc.8.9.1. Company Overview8.9.2. Company Snapshot8.9.3. Product Portfolio8.9.4. Business Performance8.10. Slovenian Steel Group8.10.1. Company Overview8.10.2. Company Snapshot8.10.3. Product Portfolio8.10.4. Business Performance For more information about this report visit https://www.researchandmarkets.com/r/73bdqn Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT:
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