Dublin, Nov. 22, 2019 (GLOBE NEWSWIRE) -- The "Electrical Steel - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Electrical Steel market worldwide is projected to grow by US$17.8 Billion, driven by a compounded growth of 6.7%.

Grain-Oriented, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$20.7 Billion by the year 2025, Grain-Oriented will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 5.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$624.5 Million to the region's size and clout in the next 5 to 6 years. Over US$1.6 Billion worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Grain-Oriented will reach a market size of US$1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.8% over the next couple of years and add approximately US$4.8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include the following, among others:

• ArcelorMittal SA (Luxembourg)
• Baosteel Group Corporation (China)
• China Steel Corporation (Taiwan)
• Essar Steel India Ltd. (India)
• Hebei Puyang Iron and Steel Group (China)
• JFE Steel Corporation (Japan)
• JSW Steel Ltd. (India)
• Nippon Steel & Sumitomo Metal Corporation (Japan)
• POSCO (Korea)
• Steel Authority of India Ltd. (SAIL) (India)
• Tata Steel Ltd. (India)
• ThyssenKrupp AG (Germany)
• Union Electric Steel Corporation (USA)
• United States Steel Corporation (USA)
• Wuhan Iron & Steel (Group) Corporation (China)

Key Topics Covered

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Electrical Steel Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Global Competitor Market Shares by Segment
• Non Grain-Oriented (Type) Global Competitor Market Share Positioning for 2019 & 2025
• Grain-Oriented (Type) Market Share Breakdown of Key Players: 2019 & 2025
• Global Electrical Steel Market - Prelude
• Factors Driving Global Electrical Steel Market
• Non-Grain Oriented Electrical Steel Leads Global Market
• Electrical Steel Market by End Use
• Transformers Segment Emerges as the Most Promising Application Market
• China and Asia-Pacific - Lucrative Regional Markets for Electrical Steel
• Competition
• Highly Competitive Marketplace Dominated by Few Global Majors
• Global Grain Oriented Electrical Steel Market - Percentage Breakdown of Sales by Leading Players

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Expanding Applications of Electrical Steel
• Diverse Properties of Electrical Steel Presents Opportunity to Expand Applications Range
• Growing EV Sales to Benefit Electrical Steel Market
• Increasing Sales of Hybrid EV Fosters Demand for Electrical Steel
• Global EV Market - Sales of BEVs, PHEVs, Full + Mid Hybrids, and Pure ICE for the Years 2015, 2020, 2025 and 2030
• Regulations to Reduce Electrical Losses of Transformers and Improve Energy Efficiency Drives Focus onto Electrical Steel as Core Material
• Electrical Steel's Application in Transformer
• With Rising Electricity Demand Fueling Distribution Transformers Market, Electrical Steel Market is Poised for Growth
• Global Power Transformers Market in US$ Billion for the Period 2015-2022
• Rising Electricity Demand and Growth in Transformers Market Augurs Well for Electrical Steel - Global Electricity Demand in TWh for the Years 2000 through 2017
• Electrical Steel in Electric Motors - An Overview
• Electrical Steel to Improve Motors Used in EVs
• Processing Difficulties and Rising Threat of Substitutes - Key Challenges Confronting Electrical Steel Market
• Innovations & Advancements
• Electrical Steel Market - Innovations Drive Growth
• TUM Researchers Optimize Cutting Process of Electrical Steel for Use in Electric Motors
• Product Overview
• Electrical Steel - An Introduction
• Grain Oriented and Non-Grain Oriented - Types of Electrical Steel
• Applications of Silicon Steel

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

• Market Facts & Figures
• US Electrical Steel Market Share (in %) by Company: 2019 & 2025
• Non Grain-Oriented (Type) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
• Grain-Oriented (Type) Competitor Revenue Share (in %) in the US: 2019 & 2025

CANADA

JAPAN

CHINA

• China Leads Global Electrical Steel Market

EUROPE

• Market Facts & Figures
• European Electrical Steel Market: Competitor Market Share Scenario (in %) for 2019 & 2025
• Non Grain-Oriented (Type) Market Share (in %) by Company in Europe: 2019 & 2025
• Grain-Oriented (Type) Market Share (in %) of Major Players in Europe: 2019 & 2025
• Electrical Steel Market in Europe - An Overview
• EU Conducts Safeguard Investigation for Electrical Steel

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

• India's Steel Ministry Leads R&D Project to Develop Indigenous CRGO Production Technology

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/qsl81u

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