Market Overview:
The global non-grain oriented electrical steel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric motors and generators, rising urbanization and industrialization, and growing automotive sector. In terms of type, the fully processed segment is expected to hold a larger share in the global non-grain oriented electrical steel market during the forecast period. This can be attributed to its high performance characteristics and better machinability as compared with semi-processed products. In terms of application, the motor segment is projected to account for a larger share in terms of revenue in 2018 as compared with other applications such as household appliances, power generators, automotive components etc.
Product Definition:
Non-grain oriented electrical steel is a type of sheet metal that has been specifically treated to make it ideal for use in electrical equipment and transformers. It is very thin, yet its resistance to electricity is much higher than that of other types of metal. This means that less energy is wasted in the transmission of electricity through the metal, making it an efficient choice for these applications.
Fully Processed:
Fully processed steel has been through a complete manufacturing process, right from raw material to the finished product. It includes hot forming, annealing and normalizing processes. Fully processed electrical steel is used in applications where high strength and good ductility are required.
Semi-processed:
Semi-processed steel is a type of electrical steel which has been processed by less than complete processing methods. It includes mild deformation, normal and annealing, followed by partial hardening and tempering.
Application Insights:
The motor application segment led the global non-grain oriented electrical steel market in 2017 and is projected to witness significant growth over the forecast period. The increasing demand for electric motors owing to rising industrialization, urbanization, and changing consumer lifestyles is expected to drive product demand from this application segment.
Household appliances are another major application of non-GRIES. These products find applications in refrigerators & freezers, cookware & baking ware as well as dryer lintels among others.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing per capita income, changing lifestyle, and rising demand for electrical products from developing countries such as China and India. In 2016, Asia Pacific accounted for a share of more than 50% in terms of consumption owing to large consumer base in this region.
The Middle East & Africa is anticipated to witness significant growth over the coming years on account of rapid development in various sectors including automotive, construction machinery etc., coupled with growing population levels especially in Nigeria & Ethiopia. Increasing government investments towards infrastructure development are likely to boost product demand across industries within MEA region which will further propel market growth over the next eight years.
North America was valued at USD X million in 2017 owing to high consumption volume mainly from U S A.
Growth Factors:
- Increasing demand from the automotive and electrical industries
- Growing popularity of electric vehicles
- Rising investment in renewable energy sources
- Proliferation of smart grids and data centers
- Stringent government regulations for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Grain Oriented Electrical Steel Market Research Report
By Type
Fully Processed, Semi-processed
By Application
Motor, Household Appliances, Power Generator, Automotive, Others
By Companies
Baowu, Shougang Group, TISCO, Nippon Steel, Ansteel, Posco, JFE Steel, Thyssen Krupp, Voestalpine, ArcelorMittal, NLMK, CSC, AK Steel, TATA Steel, BX Steel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Non-Grain Oriented Electrical Steel Market Report Segments:
The global Non-Grain Oriented Electrical Steel market is segmented on the basis of:
Types
Fully Processed, Semi-processed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motor, Household Appliances, Power Generator, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baowu
- Shougang Group
- TISCO
- Nippon Steel
- Ansteel
- Posco
- JFE Steel
- Thyssen Krupp
- Voestalpine
- ArcelorMittal
- NLMK
- CSC
- AK Steel
- TATA Steel
- BX Steel
Highlights of The Non-Grain Oriented Electrical Steel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully Processed
- Semi-processed
- By Application:
- Motor
- Household Appliances
- Power Generator
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-Grain Oriented Electrical Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-Grain Oriented Electrical Steel is a type of steel that does not contain any grains. This type of steel is often used in electrical applications because it has a higher resistance to corrosion and heat than other types of steel.
Some of the major companies in the non-grain oriented electrical steel market are Baowu, Shougang Group, TISCO, Nippon Steel, Ansteel, Posco, JFE Steel, Thyssen Krupp, Voestalpine, ArcelorMittal, NLMK, CSC, AK Steel, TATA Steel, BX Steel.
The non-grain oriented electrical steel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-Grain Oriented Electrical Steel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Non-Grain Oriented Electrical Steel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Non-Grain Oriented Electrical Steel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Non-Grain Oriented Electrical Steel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Non-Grain Oriented Electrical Steel Market Size & Forecast, 2020-2028 4.5.1 Non-Grain Oriented Electrical Steel Market Size and Y-o-Y Growth 4.5.2 Non-Grain Oriented Electrical Steel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fully Processed
5.2.2 Semi-processed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Motor
6.2.2 Household Appliances
6.2.3 Power Generator
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-Grain Oriented Electrical Steel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Non-Grain Oriented Electrical Steel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fully Processed
9.6.2 Semi-processed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Motor
9.10.2 Household Appliances
9.10.3 Power Generator
9.10.4 Automotive
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fully Processed
10.6.2 Semi-processed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Motor
10.10.2 Household Appliances
10.10.3 Power Generator
10.10.4 Automotive
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fully Processed
11.6.2 Semi-processed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Motor
11.10.2 Household Appliances
11.10.3 Power Generator
11.10.4 Automotive
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fully Processed
12.6.2 Semi-processed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Motor
12.10.2 Household Appliances
12.10.3 Power Generator
12.10.4 Automotive
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fully Processed
13.6.2 Semi-processed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Motor
13.10.2 Household Appliances
13.10.3 Power Generator
13.10.4 Automotive
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Non-Grain Oriented Electrical Steel Market: Competitive Dashboard
14.2 Global Non-Grain Oriented Electrical Steel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baowu
14.3.2 Shougang Group
14.3.3 TISCO
14.3.4 Nippon Steel
14.3.5 Ansteel
14.3.6 Posco
14.3.7 JFE Steel
14.3.8 Thyssen Krupp
14.3.9 Voestalpine
14.3.10 ArcelorMittal
14.3.11 NLMK
14.3.12 CSC
14.3.13 AK Steel
14.3.14 TATA Steel
14.3.15 BX Steel