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Global Electrical Steel Sheet (Silicon Steel) Market Research Report 2025
Synopsis
Electrical steel sheet is a type of specialized steel used in the construction of magnetic cores for electrical devices. It is specifically designed to exhibit excellent magnetic properties and low energy loss when subjected to alternating magnetic fields. Electrical steel sheet is primarily used in the construction of magnetic cores for various electrical devices. It is commonly employed in power transformers, where it forms the core that efficiently transfers electrical energy from one voltage level to another. It is also used in other electromagnetic devices such as inductors, motors, generators, and magnetic coils.
Global Electrical Steel Sheet (Silicon Steel) market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Electrical Steel Sheet (Silicon Steel) market research.
The increasing global demand for electricity, driven by industrialization, urbanization, and population growth, is a significant factor propelling the demand for electrical steel sheet. As countries strive to upgrade and modernize their power grids and electrical infrastructure, the need for efficient transformers and motors made from electrical steel is increasing. Asia-Pacific is the largest consumer of electrical steel, driven by its fast-growing industrialization, infrastructure development, and significant investment in renewable energy projects. Europe is a mature market for electrical steel, with an established industrial sector and strong emphasis on renewable energy integration. The region's focus on energy efficiency and the electrification of transportation is driving demand for electrical steel.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electrical Steel Sheet (Silicon Steel) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
JFE Steel
Voestalpine
Nippon Steel
POSCO
ArcelorMittal
AK Steel
thyssenkrupp
NLMK Group
Tata Steel Ltd
CSC
Stalprodukt
Baosteel
Ansteel
TISCO
WISCO
Segment by Type
Oriented Electrical Steel Sheet
Non-Oriented Electrical Steel Sheet
Segment by Application
Electric Motor
Dynamo
High Frequency Reactor
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Electrical Steel Sheet (Silicon Steel) report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Electrical steel sheet is a type of specialized steel used in the construction of magnetic cores for electrical devices. It is specifically designed to exhibit excellent magnetic properties and low energy loss when subjected to alternating magnetic fields. Electrical steel sheet is primarily used in the construction of magnetic cores for various electrical devices. It is commonly employed in power transformers, where it forms the core that efficiently transfers electrical energy from one voltage level to another. It is also used in other electromagnetic devices such as inductors, motors, generators, and magnetic coils.
Global Electrical Steel Sheet (Silicon Steel) market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Electrical Steel Sheet (Silicon Steel) market research.
The increasing global demand for electricity, driven by industrialization, urbanization, and population growth, is a significant factor propelling the demand for electrical steel sheet. As countries strive to upgrade and modernize their power grids and electrical infrastructure, the need for efficient transformers and motors made from electrical steel is increasing. Asia-Pacific is the largest consumer of electrical steel, driven by its fast-growing industrialization, infrastructure development, and significant investment in renewable energy projects. Europe is a mature market for electrical steel, with an established industrial sector and strong emphasis on renewable energy integration. The region's focus on energy efficiency and the electrification of transportation is driving demand for electrical steel.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electrical Steel Sheet (Silicon Steel) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
JFE Steel
Voestalpine
Nippon Steel
POSCO
ArcelorMittal
AK Steel
thyssenkrupp
NLMK Group
Tata Steel Ltd
CSC
Stalprodukt
Baosteel
Ansteel
TISCO
WISCO
Segment by Type
Oriented Electrical Steel Sheet
Non-Oriented Electrical Steel Sheet
Segment by Application
Electric Motor
Dynamo
High Frequency Reactor
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Electrical Steel Sheet (Silicon Steel) report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Electrical Steel Sheet (Silicon Steel) Market Overview
1.1 Product Definition
1.2 Electrical Steel Sheet (Silicon Steel) Segment by Type
1.2.1 Global Electrical Steel Sheet (Silicon Steel) Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Oriented Electrical Steel Sheet
1.2.3 Non-Oriented Electrical Steel Sheet
1.3 Electrical Steel Sheet (Silicon Steel) Segment by Application
1.3.1 Global Electrical Steel Sheet (Silicon Steel) Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Electric Motor
1.3.3 Dynamo
1.3.4 High Frequency Reactor
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Electrical Steel Sheet (Silicon Steel) Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Electrical Steel Sheet (Silicon Steel) Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Electrical Steel Sheet (Silicon Steel) Production Estimates and Forecasts (2018-2029)
1.4.4 Global Electrical Steel Sheet (Silicon Steel) Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electrical Steel Sheet (Silicon Steel) Production Market Share by Manufacturers (2018-2023)
2.2 Global Electrical Steel Sheet (Silicon Steel) Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Electrical Steel Sheet (Silicon Steel), Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Electrical Steel Sheet (Silicon Steel) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electrical Steel Sheet (Silicon Steel) Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Electrical Steel Sheet (Silicon Steel), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electrical Steel Sheet (Silicon Steel), Product Offered and Application
2.8 Global Key Manufacturers of Electrical Steel Sheet (Silicon Steel), Date of Enter into This Industry
2.9 Electrical Steel Sheet (Silicon Steel) Market Competitive Situation and Trends
2.9.1 Electrical Steel Sheet (Silicon Steel) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electrical Steel Sheet (Silicon Steel) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electrical Steel Sheet (Silicon Steel) Production by Region
3.1 Global Electrical Steel Sheet (Silicon Steel) Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Electrical Steel Sheet (Silicon Steel) Production Value by Region (2018-2029)
3.2.1 Global Electrical Steel Sheet (Silicon Steel) Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Electrical Steel Sheet (Silicon Steel) by Region (2024-2029)
3.3 Global Electrical Steel Sheet (Silicon Steel) Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Electrical Steel Sheet (Silicon Steel) Production by Region (2018-2029)
3.4.1 Global Electrical Steel Sheet (Silicon Steel) Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Electrical Steel Sheet (Silicon Steel) by Region (2024-2029)
3.5 Global Electrical Steel Sheet (Silicon Steel) Market Price Analysis by Region (2018-2023)
3.6 Global Electrical Steel Sheet (Silicon Steel) Production and Value, Year-over-Year Growth
3.6.1 North America Electrical Steel Sheet (Silicon Steel) Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Electrical Steel Sheet (Silicon Steel) Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Electrical Steel Sheet (Silicon Steel) Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Electrical Steel Sheet (Silicon Steel) Production Value Estimates and Forecasts (2018-2029)
4 Electrical Steel Sheet (Silicon Steel) Consumption by Region
4.1 Global Electrical Steel Sheet (Silicon Steel) Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Electrical Steel Sheet (Silicon Steel) Consumption by Region (2018-2029)
4.2.1 Global Electrical Steel Sheet (Silicon Steel) Consumption by Region (2018-2023)
4.2.2 Global Electrical Steel Sheet (Silicon Steel) Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Electrical Steel Sheet (Silicon Steel) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Electrical Steel Sheet (Silicon Steel) Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electrical Steel Sheet (Silicon Steel) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Electrical Steel Sheet (Silicon Steel) Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electrical Steel Sheet (Silicon Steel) Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Electrical Steel Sheet (Silicon Steel) Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electrical Steel Sheet (Silicon Steel) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Electrical Steel Sheet (Silicon Steel) Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electrical Steel Sheet (Silicon Steel) Production by Type (2018-2029)
5.1.1 Global Electrical Steel Sheet (Silicon Steel) Production by Type (2018-2023)
5.1.2 Global Electrical Steel Sheet (Silicon Steel) Production by Type (2024-2029)
5.1.3 Global Electrical Steel Sheet (Silicon Steel) Production Market Share by Type (2018-2029)
5.2 Global Electrical Steel Sheet (Silicon Steel) Production Value by Type (2018-2029)
5.2.1 Global Electrical Steel Sheet (Silicon Steel) Production Value by Type (2018-2023)
5.2.2 Global Electrical Steel Sheet (Silicon Steel) Production Value by Type (2024-2029)
5.2.3 Global Electrical Steel Sheet (Silicon Steel) Production Value Market Share by Type (2018-2029)
5.3 Global Electrical Steel Sheet (Silicon Steel) Price by Type (2018-2029)
6 Segment by Application
6.1 Global Electrical Steel Sheet (Silicon Steel) Production by Application (2018-2029)
6.1.1 Global Electrical Steel Sheet (Silicon Steel) Production by Application (2018-2023)
6.1.2 Global Electrical Steel Sheet (Silicon Steel) Production by Application (2024-2029)
6.1.3 Global Electrical Steel Sheet (Silicon Steel) Production Market Share by Application (2018-2029)
6.2 Global Electrical Steel Sheet (Silicon Steel) Production Value by Application (2018-2029)
6.2.1 Global Electrical Steel Sheet (Silicon Steel) Production Value by Application (2018-2023)
6.2.2 Global Electrical Steel Sheet (Silicon Steel) Production Value by Application (2024-2029)
6.2.3 Global Electrical Steel Sheet (Silicon Steel) Production Value Market Share by Application (2018-2029)
6.3 Global Electrical Steel Sheet (Silicon Steel) Price by Application (2018-2029)
7 Key Companies Profiled
7.1 JFE Steel
7.1.1 JFE Steel Electrical Steel Sheet (Silicon Steel) Corporation Information
7.1.2 JFE Steel Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.1.3 JFE Steel Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.1.4 JFE Steel Main Business and Markets Served
7.1.5 JFE Steel Recent Developments/Updates
7.2 Voestalpine
7.2.1 Voestalpine Electrical Steel Sheet (Silicon Steel) Corporation Information
7.2.2 Voestalpine Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.2.3 Voestalpine Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Voestalpine Main Business and Markets Served
7.2.5 Voestalpine Recent Developments/Updates
7.3 Nippon Steel
7.3.1 Nippon Steel Electrical Steel Sheet (Silicon Steel) Corporation Information
7.3.2 Nippon Steel Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.3.3 Nippon Steel Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Nippon Steel Main Business and Markets Served
7.3.5 Nippon Steel Recent Developments/Updates
7.4 POSCO
7.4.1 POSCO Electrical Steel Sheet (Silicon Steel) Corporation Information
7.4.2 POSCO Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.4.3 POSCO Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.4.4 POSCO Main Business and Markets Served
7.4.5 POSCO Recent Developments/Updates
7.5 ArcelorMittal
7.5.1 ArcelorMittal Electrical Steel Sheet (Silicon Steel) Corporation Information
7.5.2 ArcelorMittal Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.5.3 ArcelorMittal Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.5.4 ArcelorMittal Main Business and Markets Served
7.5.5 ArcelorMittal Recent Developments/Updates
7.6 AK Steel
7.6.1 AK Steel Electrical Steel Sheet (Silicon Steel) Corporation Information
7.6.2 AK Steel Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.6.3 AK Steel Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.6.4 AK Steel Main Business and Markets Served
7.6.5 AK Steel Recent Developments/Updates
7.7 thyssenkrupp
7.7.1 thyssenkrupp Electrical Steel Sheet (Silicon Steel) Corporation Information
7.7.2 thyssenkrupp Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.7.3 thyssenkrupp Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.7.4 thyssenkrupp Main Business and Markets Served
7.7.5 thyssenkrupp Recent Developments/Updates
7.8 NLMK Group
7.8.1 NLMK Group Electrical Steel Sheet (Silicon Steel) Corporation Information
7.8.2 NLMK Group Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.8.3 NLMK Group Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.8.4 NLMK Group Main Business and Markets Served
7.7.5 NLMK Group Recent Developments/Updates
7.9 Tata Steel Ltd
7.9.1 Tata Steel Ltd Electrical Steel Sheet (Silicon Steel) Corporation Information
7.9.2 Tata Steel Ltd Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.9.3 Tata Steel Ltd Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Tata Steel Ltd Main Business and Markets Served
7.9.5 Tata Steel Ltd Recent Developments/Updates
7.10 CSC
7.10.1 CSC Electrical Steel Sheet (Silicon Steel) Corporation Information
7.10.2 CSC Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.10.3 CSC Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.10.4 CSC Main Business and Markets Served
7.10.5 CSC Recent Developments/Updates
7.11 Stalprodukt
7.11.1 Stalprodukt Electrical Steel Sheet (Silicon Steel) Corporation Information
7.11.2 Stalprodukt Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.11.3 Stalprodukt Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Stalprodukt Main Business and Markets Served
7.11.5 Stalprodukt Recent Developments/Updates
7.12 Baosteel
7.12.1 Baosteel Electrical Steel Sheet (Silicon Steel) Corporation Information
7.12.2 Baosteel Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.12.3 Baosteel Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Baosteel Main Business and Markets Served
7.12.5 Baosteel Recent Developments/Updates
7.13 Ansteel
7.13.1 Ansteel Electrical Steel Sheet (Silicon Steel) Corporation Information
7.13.2 Ansteel Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.13.3 Ansteel Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Ansteel Main Business and Markets Served
7.13.5 Ansteel Recent Developments/Updates
7.14 TISCO
7.14.1 TISCO Electrical Steel Sheet (Silicon Steel) Corporation Information
7.14.2 TISCO Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.14.3 TISCO Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.14.4 TISCO Main Business and Markets Served
7.14.5 TISCO Recent Developments/Updates
7.15 WISCO
7.15.1 WISCO Electrical Steel Sheet (Silicon Steel) Corporation Information
7.15.2 WISCO Electrical Steel Sheet (Silicon Steel) Product Portfolio
7.15.3 WISCO Electrical Steel Sheet (Silicon Steel) Production, Value, Price and Gross Margin (2018-2023)
7.15.4 WISCO Main Business and Markets Served
7.15.5 WISCO Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electrical Steel Sheet (Silicon Steel) Industry Chain Analysis
8.2 Electrical Steel Sheet (Silicon Steel) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electrical Steel Sheet (Silicon Steel) Production Mode & Process
8.4 Electrical Steel Sheet (Silicon Steel) Sales and Marketing
8.4.1 Electrical Steel Sheet (Silicon Steel) Sales Channels
8.4.2 Electrical Steel Sheet (Silicon Steel) Distributors
8.5 Electrical Steel Sheet (Silicon Steel) Customers
9 Electrical Steel Sheet (Silicon Steel) Market Dynamics
9.1 Electrical Steel Sheet (Silicon Steel) Industry Trends
9.2 Electrical Steel Sheet (Silicon Steel) Market Drivers
9.3 Electrical Steel Sheet (Silicon Steel) Market Challenges
9.4 Electrical Steel Sheet (Silicon Steel) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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