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Global Grain Oriented Electrical Steel Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Grain Oriented Electrical Steel Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1436345

No of Pages : 103

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Synopsis
The global Grain Oriented Electrical Steel market size was valued at USD 10670 million in 2022 and is forecast to a readjusted size of USD 12550 million by 2029 with a CAGR of 2.4% during review period.

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. In this report we researched grain oriented electrical steel.

Grain oriented electrical steels are iron-silicon magnetic alloys. These alloys are used to construct the cores of highly-efficient electric transformers due to their unique magnetic properties. Available in grades M-2, M-3, M-4, M-5 and M-6, with superior magnetic properties in the rolling direction, oriented steels are used in transformer cores. They are used in large generators and other apparatus when the design permits the directional magnetic characteristics to be used efficiently.

Grain oriented electrical steel usually has a silicon level of 3%. It is processed in such a way that the optimal properties are developed in the rolling direction, due to a tight control (proposed by Norman P. Goss) of the crystal orientation relative to the sheet. Grain oriented electrical steels are usually applied in transformers, rectifiers and so on.

Global Grain Oriented Electrical Steel key players include Baowu Group、Nippon Steel、NLMK、AK Steel (Cleveland-Cliffs) and Shougang. Global top 5 manufacturers hold a share about 61%. APAC is the largest market, with a share about 71%, followed by Europe and Americas, have a share over 20%. In terms of product type, High Magnetic Strength is the largest segment, with a share over 60%. And in terms of Application, the largest application is Transformer, followed by Motor.

The Global Info Research report includes an overview of the development of the Grain Oriented Electrical Steel industry chain, the market status of Transformer (High Magnetic Strength, Conventional), Motor (High Magnetic Strength, Conventional), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grain Oriented Electrical Steel.

Regionally, the report analyzes the Grain Oriented Electrical Steel markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grain Oriented Electrical Steel market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Grain Oriented Electrical Steel market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grain Oriented Electrical Steel industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., High Magnetic Strength, Conventional).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grain Oriented Electrical Steel market.

Regional Analysis: The report involves examining the Grain Oriented Electrical Steel market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grain Oriented Electrical Steel market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Grain Oriented Electrical Steel:

Company Analysis: Report covers individual Grain Oriented Electrical Steel manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grain Oriented Electrical Steel This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Transformer, Motor).

Technology Analysis: Report covers specific technologies relevant to Grain Oriented Electrical Steel. It assesses the current state, advancements, and potential future developments in Grain Oriented Electrical Steel areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grain Oriented Electrical Steel market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Grain Oriented Electrical Steel market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type

  • High Magnetic Strength
  • Conventional
  • Domain Refinement

Market segment by Application

  • Transformer
  • Motor
  • Others

Major players covered

  • Baowu Group
  • Nippon Steel
  • NLMK
  • AK Steel (Cleveland-Cliffs)
  • Shougang
  • Posco
  • ThyssenKrupp
  • JFE Steel
  • Stalprodukt S.A.
  • Chongqing Wangbian
  • Baotou Weifeng
  • Aperam
  • Zhejiang Huaying
  • Wuxi Huajing

Market segment by region, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Grain Oriented Electrical Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grain Oriented Electrical Steel, with price, sales, revenue and global market share of Grain Oriented Electrical Steel from 2018 to 2023.
Chapter 3, the Grain Oriented Electrical Steel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grain Oriented Electrical Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Grain Oriented Electrical Steel market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grain Oriented Electrical Steel.
Chapter 14 and 15, to describe Grain Oriented Electrical Steel sales channel, distributors, customers, research findings and conclusion.

Index

1 Market Overview
1.1 Product Overview and Scope of Grain Oriented Electrical Steel
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Grain Oriented Electrical Steel Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 High Magnetic Strength
1.3.3 Conventional
1.3.4 Domain Refinement
1.4 Market Analysis by Application
1.4.1 Overview: Global Grain Oriented Electrical Steel Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Transformer
1.4.3 Motor
1.4.4 Others
1.5 Global Grain Oriented Electrical Steel Market Size & Forecast
1.5.1 Global Grain Oriented Electrical Steel Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Grain Oriented Electrical Steel Sales Quantity (2018-2029)
1.5.3 Global Grain Oriented Electrical Steel Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Baowu Group
2.1.1 Baowu Group Details
2.1.2 Baowu Group Major Business
2.1.3 Baowu Group Grain Oriented Electrical Steel Product and Services
2.1.4 Baowu Group Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Baowu Group Recent Developments/Updates
2.2 Nippon Steel
2.2.1 Nippon Steel Details
2.2.2 Nippon Steel Major Business
2.2.3 Nippon Steel Grain Oriented Electrical Steel Product and Services
2.2.4 Nippon Steel Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Nippon Steel Recent Developments/Updates
2.3 NLMK
2.3.1 NLMK Details
2.3.2 NLMK Major Business
2.3.3 NLMK Grain Oriented Electrical Steel Product and Services
2.3.4 NLMK Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 NLMK Recent Developments/Updates
2.4 AK Steel (Cleveland-Cliffs)
2.4.1 AK Steel (Cleveland-Cliffs) Details
2.4.2 AK Steel (Cleveland-Cliffs) Major Business
2.4.3 AK Steel (Cleveland-Cliffs) Grain Oriented Electrical Steel Product and Services
2.4.4 AK Steel (Cleveland-Cliffs) Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 AK Steel (Cleveland-Cliffs) Recent Developments/Updates
2.5 Shougang
2.5.1 Shougang Details
2.5.2 Shougang Major Business
2.5.3 Shougang Grain Oriented Electrical Steel Product and Services
2.5.4 Shougang Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Shougang Recent Developments/Updates
2.6 Posco
2.6.1 Posco Details
2.6.2 Posco Major Business
2.6.3 Posco Grain Oriented Electrical Steel Product and Services
2.6.4 Posco Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Posco Recent Developments/Updates
2.7 ThyssenKrupp
2.7.1 ThyssenKrupp Details
2.7.2 ThyssenKrupp Major Business
2.7.3 ThyssenKrupp Grain Oriented Electrical Steel Product and Services
2.7.4 ThyssenKrupp Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 ThyssenKrupp Recent Developments/Updates
2.8 JFE Steel
2.8.1 JFE Steel Details
2.8.2 JFE Steel Major Business
2.8.3 JFE Steel Grain Oriented Electrical Steel Product and Services
2.8.4 JFE Steel Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 JFE Steel Recent Developments/Updates
2.9 Stalprodukt S.A.
2.9.1 Stalprodukt S.A. Details
2.9.2 Stalprodukt S.A. Major Business
2.9.3 Stalprodukt S.A. Grain Oriented Electrical Steel Product and Services
2.9.4 Stalprodukt S.A. Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Stalprodukt S.A. Recent Developments/Updates
2.10 Chongqing Wangbian
2.10.1 Chongqing Wangbian Details
2.10.2 Chongqing Wangbian Major Business
2.10.3 Chongqing Wangbian Grain Oriented Electrical Steel Product and Services
2.10.4 Chongqing Wangbian Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Chongqing Wangbian Recent Developments/Updates
2.11 Baotou Weifeng
2.11.1 Baotou Weifeng Details
2.11.2 Baotou Weifeng Major Business
2.11.3 Baotou Weifeng Grain Oriented Electrical Steel Product and Services
2.11.4 Baotou Weifeng Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Baotou Weifeng Recent Developments/Updates
2.12 Aperam
2.12.1 Aperam Details
2.12.2 Aperam Major Business
2.12.3 Aperam Grain Oriented Electrical Steel Product and Services
2.12.4 Aperam Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Aperam Recent Developments/Updates
2.13 Zhejiang Huaying
2.13.1 Zhejiang Huaying Details
2.13.2 Zhejiang Huaying Major Business
2.13.3 Zhejiang Huaying Grain Oriented Electrical Steel Product and Services
2.13.4 Zhejiang Huaying Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Zhejiang Huaying Recent Developments/Updates
2.14 Wuxi Huajing
2.14.1 Wuxi Huajing Details
2.14.2 Wuxi Huajing Major Business
2.14.3 Wuxi Huajing Grain Oriented Electrical Steel Product and Services
2.14.4 Wuxi Huajing Grain Oriented Electrical Steel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Wuxi Huajing Recent Developments/Updates
3 Competitive Environment: Grain Oriented Electrical Steel by Manufacturer
3.1 Global Grain Oriented Electrical Steel Sales Quantity by Manufacturer (2018-2023)
3.2 Global Grain Oriented Electrical Steel Revenue by Manufacturer (2018-2023)
3.3 Global Grain Oriented Electrical Steel Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Grain Oriented Electrical Steel by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Grain Oriented Electrical Steel Manufacturer Market Share in 2022
3.4.2 Top 6 Grain Oriented Electrical Steel Manufacturer Market Share in 2022
3.5 Grain Oriented Electrical Steel Market: Overall Company Footprint Analysis
3.5.1 Grain Oriented Electrical Steel Market: Region Footprint
3.5.2 Grain Oriented Electrical Steel Market: Company Product Type Footprint
3.5.3 Grain Oriented Electrical Steel Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Grain Oriented Electrical Steel Market Size by Region
4.1.1 Global Grain Oriented Electrical Steel Sales Quantity by Region (2018-2029)
4.1.2 Global Grain Oriented Electrical Steel Consumption Value by Region (2018-2029)
4.1.3 Global Grain Oriented Electrical Steel Average Price by Region (2018-2029)
4.2 North America Grain Oriented Electrical Steel Consumption Value (2018-2029)
4.3 Europe Grain Oriented Electrical Steel Consumption Value (2018-2029)
4.4 Asia-Pacific Grain Oriented Electrical Steel Consumption Value (2018-2029)
4.5 South America Grain Oriented Electrical Steel Consumption Value (2018-2029)
4.6 Middle East and Africa Grain Oriented Electrical Steel Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Grain Oriented Electrical Steel Sales Quantity by Type (2018-2029)
5.2 Global Grain Oriented Electrical Steel Consumption Value by Type (2018-2029)
5.3 Global Grain Oriented Electrical Steel Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Grain Oriented Electrical Steel Sales Quantity by Application (2018-2029)
6.2 Global Grain Oriented Electrical Steel Consumption Value by Application (2018-2029)
6.3 Global Grain Oriented Electrical Steel Average Price by Application (2018-2029)
7 North America
7.1 North America Grain Oriented Electrical Steel Sales Quantity by Type (2018-2029)
7.2 North America Grain Oriented Electrical Steel Sales Quantity by Application (2018-2029)
7.3 North America Grain Oriented Electrical Steel Market Size by Country
7.3.1 North America Grain Oriented Electrical Steel Sales Quantity by Country (2018-2029)
7.3.2 North America Grain Oriented Electrical Steel Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Grain Oriented Electrical Steel Sales Quantity by Type (2018-2029)
8.2 Europe Grain Oriented Electrical Steel Sales Quantity by Application (2018-2029)
8.3 Europe Grain Oriented Electrical Steel Market Size by Country
8.3.1 Europe Grain Oriented Electrical Steel Sales Quantity by Country (2018-2029)
8.3.2 Europe Grain Oriented Electrical Steel Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Grain Oriented Electrical Steel Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Grain Oriented Electrical Steel Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Grain Oriented Electrical Steel Market Size by Region
9.3.1 Asia-Pacific Grain Oriented Electrical Steel Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Grain Oriented Electrical Steel Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Grain Oriented Electrical Steel Sales Quantity by Type (2018-2029)
10.2 South America Grain Oriented Electrical Steel Sales Quantity by Application (2018-2029)
10.3 South America Grain Oriented Electrical Steel Market Size by Country
10.3.1 South America Grain Oriented Electrical Steel Sales Quantity by Country (2018-2029)
10.3.2 South America Grain Oriented Electrical Steel Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Grain Oriented Electrical Steel Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Grain Oriented Electrical Steel Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Grain Oriented Electrical Steel Market Size by Country
11.3.1 Middle East & Africa Grain Oriented Electrical Steel Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Grain Oriented Electrical Steel Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Grain Oriented Electrical Steel Market Drivers
12.2 Grain Oriented Electrical Steel Market Restraints
12.3 Grain Oriented Electrical Steel Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Grain Oriented Electrical Steel and Key Manufacturers
13.2 Manufacturing Costs Percentage of Grain Oriented Electrical Steel
13.3 Grain Oriented Electrical Steel Production Process
13.4 Grain Oriented Electrical Steel Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Grain Oriented Electrical Steel Typical Distributors
14.3 Grain Oriented Electrical Steel Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer

Published By : GlobalInfoResearch

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