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Electrical Steel Market

Global Electrical Steel Market was valued at more than US$ 20 Bn in 2017 and is anticipated to reach approximately US$ 35 Bn at a CAGR of above 6% from 2018 to 2026. Global Electrical Steel Market Estimated to Reach nearly 24 Million Tons by 2026

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Electrical Steel Market

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  1. ©2019 Transparency Market Research, All Rights Reserved Electrical Steel Market (Type - Grain Oriented, Non-grain Oriented; Application -Transformer, Inductor, Motor (Rotor, Stator, and Others); End user Industry - Automotive, Manufacturing, Energy, Household Appliances) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved Table of Content Sr. No. Content Chapter1 Preface Chapter 2 Assumptions and Research Methodology Chapter 3 Executive Summary Chapter 4 Market Overview Chapter 5 Market Dynamics Chapter 6 Global Electrical Steel Market Analysis, by Type Chapter 7 Global Electrical Steel Market Analysis, by Application Chapter 8 Global Electrical Steel Market Analysis, by End-user Industry Chapter 9 Global Electrical Steel Market Analysis, by Region Chapter 10 North America Electrical Steel Market Analysis Chapter 11 Latin America Electrical Steel Market Analysis Chapter 12 Europe Electrical Steel Market Analysis Chapter 13 Asia Pacific Electrical Steel Market Analysis Chapter 14 Competition Landscape

  3. ©2019 Transparency Market Research, All Rights Reserved Electrical Steel Market: Snapshot • Electrical steel is a type of specialty steel manufactured by modifying the magnetic properties of conventional steel to induce high permeability. It is used in the manufacture of the core of power transformers, generators, inductors, etc. Its high permeability ensures low core loss in electrical components. Electrical steel is also known as laminate steel or silicon steel, as silicon is added to it. It is primarily used for lamination processes in the cores of electrical components. • Developed and developing countries are increasingly shifting toward sustainable energy systems. The electric/hybrid vehicle industry is also in the growth phase. This industry requires high-grade electrical steel for various applications. Companies such as ArcelorMittal and ThyssenKrupp are producing high-grade electrical steel to meet the increase in demand for electrical steel. They are improving the magnetic properties of electrical steel and introducing higher grades. Request Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. ©2019 Transparency Market Research, All Rights Reserved ©2019 Transparency Market Research, All Rights Reserved

  5. ©2019 Transparency Market Research, All Rights Reserved Reports Highlights • Electrical steel improves efficiency and reduces losses in many applications; however, its magnetic properties are insufficient to meet the complex requirements of precision and efficiency. Nickel iron alloys offer more innovative and intelligent solutions than electrical steel. They are ideal substitutes for electrical steel. Nickel iron alloys play an important role in the production of relays, sensors, and motor laminations. They also offer better magnetic permeability and magnetic induction than electrical steel. Hence, increase in adoption of nickel iron alloys in electro-technical applications is projected to hamper the global electrical steel market during the forecast period. • Large amount of mechanical stress and strain is generated during the processing of cold-rolled electrical steel. The process includes bending, cutting, and punching operations. This, in turn, deteriorates the magnetism of electrical steel; the degree of deterioration depends upon the width of the sheet being punched. ©2019 Transparency Market Research, All Rights Reserved Request Sample

  6. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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