The global silicon steel sheets 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 steel sheets in various applications such as transformers, generators, and electric motors. The demand for silicon steel sheets in these applications is expected to increase due to their high electrical conductivity and low weight density which makes them suitable for use in power generation equipment and other electrical equipment.
- The demand for silicon steel sheets is expected to grow in the near future due to the increasing demand for automobiles and other transportation vehicles.
- The increasing use of silicon steel sheets in construction and infrastructure projects will also drive the market growth.
- The growing need for energy efficient buildings will also boost the market growth of silicon steel sheets as they are used in insulation applications, which helps reduce energy consumption by up to 50%.
- Increasing investments by governments and private companies on renewable energy sources such as solar power will lead to an increase in demand for silicon steel sheets, which are used as a key component of solar panels that convert sunlight into electricity or heat energy.
- Silicon Steel Sheets can be recycled with ease, which makes them environmentally friendly and sustainable.
Industry Growth Insights published a new data on “Silicon Steel Sheets Market”. The research report is titled “Silicon Steel Sheets Market research by Types (Oriented Electrical Steel, Non-Grain Oriented Electrical Steel), By Applications (Transformers, Generators, Electric Motor, Others), By Players/Companies Severstal, Posco, Jfe steel, Ak, Csc, Acroni, C.D. Wälzholz KG, Tata, Mapes & sprowl, Sess, Arnold magnetic technologies, Thyssenkrupp ag, Martin marietta magnesia, Erdemir romania, Baosteel, Wisco, Ma steel, An steel, Tisco, Valin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Steel Sheets Market Research Report
By Type
Oriented Electrical Steel, Non-Grain Oriented Electrical Steel
By Application
Transformers, Generators, Electric Motor, Others
By Companies
Severstal, Posco, Jfe steel, Ak, Csc, Acroni, C.D. Wälzholz KG, Tata, Mapes & sprowl, Sess, Arnold magnetic technologies, Thyssenkrupp ag, Martin marietta magnesia, Erdemir romania, Baosteel, Wisco, Ma steel, An steel, Tisco, Valin
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Steel Sheets Market Report Segments:
The global Silicon Steel Sheets market is segmented on the basis of:
Types
Oriented Electrical Steel, Non-Grain Oriented Electrical Steel
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
Transformers, Generators, Electric Motor, 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:
- Severstal
- Posco
- Jfe steel
- Ak
- Csc
- Acroni
- C.D. Wälzholz KG
- Tata
- Mapes & sprowl
- Sess
- Arnold magnetic technologies
- Thyssenkrupp ag
- Martin marietta magnesia
- Erdemir romania
- Baosteel
- Wisco
- Ma steel
- An steel
- Tisco
- Valin
Highlights of The Silicon Steel Sheets 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 Electrical Steel
- Non-Grain Oriented Electrical Steel
- By Application:
- Transformers
- Generators
- Electric Motor
- 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 Silicon Steel Sheets 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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- Product & Brand Management
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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 steel sheets are a type of metal sheet that is made from silicon. Silicon steel sheets are used in a variety of applications, including construction, manufacturing, and engineering.
Some of the key players operating in the silicon steel sheets market are Severstal, Posco, Jfe steel, Ak, Csc, Acroni, C.D. WƒÂ¤lzholz KG, Tata, Mapes & sprowl, Sess, Arnold magnetic technologies, Thyssenkrupp ag, Martin marietta magnesia, Erdemir romania, Baosteel, Wisco, Ma steel, An steel, Tisco, Valin.
The silicon steel sheets market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Steel Sheets 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 Steel Sheets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicon Steel Sheets Market - Supply Chain
4.5. Global Silicon Steel Sheets Market Forecast
4.5.1. Silicon Steel Sheets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Steel Sheets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Steel Sheets Market Absolute $ Opportunity
5. Global Silicon Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Type
5.3.1. Oriented Electrical Steel
5.3.2. Non-Grain Oriented Electrical Steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Application
6.3.1. Transformers
6.3.2. Generators
6.3.3. Electric Motor
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Steel Sheets 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 Steel Sheets 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 Steel Sheets 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 Steel Sheets 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 Steel Sheets Demand Share Forecast, 2019-2026
9. North America Silicon Steel Sheets 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 Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Application
9.4.1. Transformers
9.4.2. Generators
9.4.3. Electric Motor
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Steel Sheets Market Size and Volume Forecast by Type
9.7.1. Oriented Electrical Steel
9.7.2. Non-Grain Oriented Electrical Steel
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 Steel Sheets Demand Share Forecast, 2019-2026
10. Latin America Silicon Steel Sheets 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 Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Application
10.4.1. Transformers
10.4.2. Generators
10.4.3. Electric Motor
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Steel Sheets Market Size and Volume Forecast by Type
10.7.1. Oriented Electrical Steel
10.7.2. Non-Grain Oriented Electrical Steel
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 Steel Sheets Demand Share Forecast, 2019-2026
11. Europe Silicon Steel Sheets 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 Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Application
11.4.1. Transformers
11.4.2. Generators
11.4.3. Electric Motor
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Steel Sheets Market Size and Volume Forecast by Type
11.7.1. Oriented Electrical Steel
11.7.2. Non-Grain Oriented Electrical Steel
11.8. Basis Point Share (BPS) Anaysis 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 Steel Sheets Demand Share, 2019-2026
12. Asia Pacific Silicon Steel Sheets 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 Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Application
12.4.1. Transformers
12.4.2. Generators
12.4.3. Electric Motor
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Steel Sheets Market Size and Volume Forecast by Type
12.7.1. Oriented Electrical Steel
12.7.2. Non-Grain Oriented Electrical Steel
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 Steel Sheets Demand Share, 2019-2026
13. Middle East & Africa Silicon Steel Sheets 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 Steel Sheets 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 Steel Sheets Market Size and Volume Forecast by Application
13.4.1. Transformers
13.4.2. Generators
13.4.3. Electric Motor
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicon Steel Sheets Market Size and Volume Forecast by Type
13.7.1. Oriented Electrical Steel
13.7.2. Non-Grain Oriented Electrical Steel
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 Steel Sheets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicon Steel Sheets Market: Market Share Analysis
14.2. Silicon Steel Sheets Distributors and Customers
14.3. Silicon Steel Sheets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Severstal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Posco
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. Ak
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Csc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Acroni
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. C.D. Wälzholz KG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tata
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mapes & sprowl
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sess
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Arnold magnetic technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Thyssenkrupp ag
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Martin marietta magnesia
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Erdemir romania
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Baosteel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wisco
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ma steel
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. An steel
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Tisco
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Valin
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook