The global silicon electrical steel market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for silicon electrical steel in various applications such as transformers, power generators, and electric motors. The increasing demand for these products in developing countries such as China and India is also driving the growth of this market.
- The demand for Silicon Electrical Steel is expected to grow at a CAGR of 3.2% from 2017 to 2025.
- The growth of the Silicon Electrical Steel market is driven by the increasing demand for silicon steel in various industries such as automotive, construction, and aerospace.
- Increasing investments in research and development activities by major players in the Silicon Electrical Steel market are also driving the growth of this market.
- The high cost associated with silicon steel production is a major restraint on the growth of this market.
- Increasing environmental concerns related to carbon emissions are also restraining the growth of this market.
Industry Growth Insights published a new data on “Silicon Electrical Steel Market”. The research report is titled “Silicon Electrical Steel Market research by Types (Oriented Type, Non-oriented Type), By Applications (Transformer, Power Generator, Electric Motor, Other), By Players/Companies AK Steel, Steel Dynamics, JFE Steel, Waelzholz, Thyssen Krupp, Tata Steel, Nippon Steel Corporation, Aperam, POSCO, Ansteel, APERAM, ArcelorMittal, ATI, Baowu, Benxi Steel, CSC, Masteel, NLMK, Nucor, Shougang Group, Stalprodukt S.A., TISCO, Voestalpine”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Electrical Steel Market Research Report
By Type
Oriented Type, Non-oriented Type
By Application
Transformer, Power Generator, Electric Motor, Other
By Companies
AK Steel, Steel Dynamics, JFE Steel, Waelzholz, Thyssen Krupp, Tata Steel, Nippon Steel Corporation, Aperam, POSCO, Ansteel, APERAM, ArcelorMittal, ATI, Baowu, Benxi Steel, CSC, Masteel, NLMK, Nucor, Shougang Group, Stalprodukt S.A., TISCO, Voestalpine
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Electrical Steel Market Report Segments:
The global Silicon Electrical Steel market is segmented on the basis of:
Types
Oriented Type, Non-oriented Type
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
Transformer, Power Generator, Electric Motor, Other
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:
- AK Steel
- Steel Dynamics
- JFE Steel
- Waelzholz
- Thyssen Krupp
- Tata Steel
- Nippon Steel Corporation
- Aperam
- POSCO
- Ansteel
- APERAM
- ArcelorMittal
- ATI
- Baowu
- Benxi Steel
- CSC
- Masteel
- NLMK
- Nucor
- Shougang Group
- Stalprodukt S.A.
- TISCO
- Voestalpine
Highlights of The Silicon 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:
- Oriented Type
- Non-oriented Type
- By Application:
- Transformer
- Power Generator
- Electric Motor
- Other
- 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 Silicon 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- 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?
Silicon Electrical Steel is a type of steel that contains silicon and other elements in its structure. This makes the steel stronger and more resistant to corrosion.
Some of the major companies in the silicon electrical steel market are AK Steel, Steel Dynamics, JFE Steel, Waelzholz, Thyssen Krupp, Tata Steel, Nippon Steel Corporation, Aperam, POSCO, Ansteel, APERAM, ArcelorMittal, ATI, Baowu, Benxi Steel, CSC, Masteel, NLMK, Nucor, Shougang Group, Stalprodukt S.A., TISCO, Voestalpine.
The silicon electrical steel market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Electrical Steel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Silicon Electrical Steel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicon Electrical Steel Market - Supply Chain
4.5. Global Silicon Electrical Steel Market Forecast
4.5.1. Silicon Electrical Steel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Electrical Steel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Electrical Steel Market Absolute $ Opportunity
5. Global Silicon Electrical Steel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Silicon Electrical Steel Market Size and Volume Forecast by Type
5.3.1. Oriented Type
5.3.2. Non-oriented Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Electrical Steel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Silicon Electrical Steel Market Size and Volume Forecast by Application
6.3.1. Transformer
6.3.2. Power Generator
6.3.3. Electric Motor
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Electrical Steel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Silicon Electrical Steel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Silicon Electrical Steel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Silicon Electrical Steel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Silicon Electrical Steel Demand Share Forecast, 2019-2026
9. North America Silicon Electrical Steel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Silicon Electrical Steel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Silicon Electrical Steel Market Size and Volume Forecast by Application
9.4.1. Transformer
9.4.2. Power Generator
9.4.3. Electric Motor
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Electrical Steel Market Size and Volume Forecast by Type
9.7.1. Oriented Type
9.7.2. Non-oriented Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Silicon Electrical Steel Demand Share Forecast, 2019-2026
10. Latin America Silicon Electrical Steel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Silicon Electrical Steel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Silicon Electrical Steel Market Size and Volume Forecast by Application
10.4.1. Transformer
10.4.2. Power Generator
10.4.3. Electric Motor
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Electrical Steel Market Size and Volume Forecast by Type
10.7.1. Oriented Type
10.7.2. Non-oriented Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Silicon Electrical Steel Demand Share Forecast, 2019-2026
11. Europe Silicon Electrical Steel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Silicon Electrical Steel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Silicon Electrical Steel Market Size and Volume Forecast by Application
11.4.1. Transformer
11.4.2. Power Generator
11.4.3. Electric Motor
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Electrical Steel Market Size and Volume Forecast by Type
11.7.1. Oriented Type
11.7.2. Non-oriented Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Silicon Electrical Steel Demand Share, 2019-2026
12. Asia Pacific Silicon Electrical Steel Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Silicon Electrical Steel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Silicon Electrical Steel Market Size and Volume Forecast by Application
12.4.1. Transformer
12.4.2. Power Generator
12.4.3. Electric Motor
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Electrical Steel Market Size and Volume Forecast by Type
12.7.1. Oriented Type
12.7.2. Non-oriented Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Silicon Electrical Steel Demand Share, 2019-2026
13. Middle East & Africa Silicon Electrical Steel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Silicon Electrical Steel Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Silicon Electrical Steel Market Size and Volume Forecast by Application
13.4.1. Transformer
13.4.2. Power Generator
13.4.3. Electric Motor
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicon Electrical Steel Market Size and Volume Forecast by Type
13.7.1. Oriented Type
13.7.2. Non-oriented Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Silicon Electrical Steel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicon Electrical Steel Market: Market Share Analysis
14.2. Silicon Electrical Steel Distributors and Customers
14.3. Silicon Electrical Steel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AK Steel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Steel Dynamics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JFE Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Waelzholz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thyssen Krupp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tata Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nippon Steel Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aperam
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. POSCO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ansteel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. APERAM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ArcelorMittal
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ATI
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Baowu
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Benxi Steel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CSC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Masteel
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. NLMK
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nucor
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shougang Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
