Global (AMER, APAC, BRICS and EMEA) Grain Oriented Electrical Steel Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Grain Oriented Electrical Steel Market

 

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. Supply and demand conditions of grain oriented electrical steel show polarization. In low-end products field, overcapacity has become more and more serious, but in the high-performance field, oriented electrical steel with high grade and magnetic induction, the market is in short supply. To seize a larger global market share, in the future, manufacturing companies will invest much more on R&D and the products will be closer to high-end field. 
In 2019, the market size of Grain Oriented Electrical Steel is 6772.3 million US$ and it will reach 7557.7 million US$ in 2025, growing at a CAGR of 1.6% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. 
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Grain Oriented Electrical Steel. This report studies the global market size of Grain Oriented Electrical Steel, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Grain Oriented Electrical Steel production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 

Market Segmentation, Outlook & Regional Insights: Grain Oriented Electrical Steel Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
General
High Magnetic Strength
Domain Refinement

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Transformer
Power Generator
Electric Motor
Other

Key Players, Recent Developments & Sector Viewpoints: Grain Oriented Electrical Steel Market
 
Baowu Group
NSSMC
AK Steel
ThyssenKrupp
NLMK Group
JFE Steel
Posco
ArcelorMittal
Ansteel
Shougang
Stalprodukt S.A.
Cogent(Tata Steel)
ATI

Key Insights Covered: Exhaustive Grain Oriented Electrical Steel Market
1.  Market size (sales, revenue and growth rate) of Grain Oriented Electrical Steel industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Grain Oriented Electrical Steel industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Grain Oriented Electrical Steel industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Grain Oriented Electrical Steel industry.

Research Methodology: Grain Oriented Electrical Steel Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.