세계의 전기강판 시장 규모 조사 및 예측 : 제품별, 용도별, 지역별 분석(2023-2030년)

Global Electrical Steel Market is valued at approximately USD 25.89 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2023-2030. Electrical steel, also known as silicon steel or transformer steel, is a specialized type of steel used in the production of electrical equipment. It is designed to have specific magnetic properties that make it ideal for use in devices and machinery that require efficient and controlled magnetic flux. Electrical steel is a specialized type of steel that is tailored for electrical applications, featuring high magnetic permeability and low energy losses. It plays a crucial role in the efficient and reliable operation of various electrical devices. The Electrical Steel market is expanding because of factors such as rising adoption of electric vehicles and increasing demand for electricity.

As the global population and industrialization continue to grow, there is an increasing demand for electricity in various sectors such as residential, commercial, and industrial. This drives the need for efficient electrical power generation, transmission, and distribution systems, where Electrical Steel plays a vital role. According to International European Agency, there has been a rise in electricity demand in the residential sector in the year 2018 the total electricity demand for the residential sector was 6 thousand TWh which increases to 7 thousand TWh in the year 2020 and it is expected to reach at 10 thousand Twh by year 2040. Furthermore, the growing interest in electric vehicles (EVs) has created a surge in demand for Electrical Steel used in the production of EV motors and transformers. Electrical Steel's unique magnetic properties are essential in enhancing motor efficiency and performance, which directly impacts the range and overall efficiency of EVs. According to Statista, in the year 2019, the sales of electric vehicles stood at 2.22 million vehicles which increased to 10.25 million vehicle sales in the year 2022 and it is projected to reach 17.07 million electric vehicles sales by the year 2028. These, rising sales indicated the rising adoption and production of electric vehicles are driving the market growth. In addition, the rising electrification of industrial processes and integration of renewable energy plants and rising technological advancement are some factors creating new opportunities for market growth. However, the fluctuations in raw material prices stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Electrical Steel Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as rising investment in EV production activities, rising emphasis on power generation, rising demand for electric motors and industrial development activities in the region. Whereas, Asia Pacific is projected to have significant growth owing to factors such as the rising adoption of electrification technologies in industries, rising adoption of industrial automation, and rising development of various renewable energy plants in the region.

Major market player included in this report are:

• ArcelorMittal S.A
• POSCO
• thyssenkrupp AG
• JFE Steel Corporation
• Cleveland-Cliffs Inc
• NIPPON STEEL CORPORATION
• China Steel Corporation
• Tata Steel Limited
• Baoshan Iron & Steel Co.,Ltd.
• United States Steel Corporation

Recent Developments in the Market:

• In May 2023, JFE Steel announced the extension of its initial electric steel sheet capacity as well as the addition of a second phase expansion. This expansion would upgrade to world-class technologies and cutting-edge steel products, lowering CO2 emissions and contributing to the sustainability of the globe.
• In April 2023, Posco and Honda joined up to accelerate their journey by combining their respective strengths to become carbon neutral. Additionally, this alliance wants to work together in the fields of electric and environmental technologies in the future.

Global Electrical Steel Market Report Scope:

• Historical Data - 2020 - 2021
• Base Year for Estimation - 2022
• Forecast period - 2023-2030
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Segments Covered - Product, Application, Region
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

• Grain oriented electrical steel
• Non-grain oriented electrical steel

By Application:

• Transformer
• Motor
• Inductor
• Other

By Region:

• North America
• U.S.
• Canada

• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE

• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

• Latin America
• Brazil
• Mexico

• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Table of Contents

Chapter 1. Executive Summary

• 1.1. Market Snapshot
• 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  • 1.2.1. Electrical Steel Market, by Region, 2020-2030 (USD Billion)
  • 1.2.2. Electrical Steel Market, by Product, 2020-2030 (USD Billion)
  • 1.2.3. Electrical Steel Market, by Application, 2020-2030 (USD Billion)
• 1.3. Key Trends
• 1.4. Estimation Methodology
• 1.5. Research Assumption

Chapter 2. Global Electrical Steel Market Definition and Scope

• 2.1. Objective of the Study
• 2.2. Market Definition & Scope
  • 2.2.1. Industry Evolution
  • 2.2.2. Scope of the Study
• 2.3. Years Considered for the Study
• 2.4. Currency Conversion Rates

Chapter 3. Global Electrical Steel Market Dynamics

• 3.1. Electrical Steel Market Impact Analysis (2020-2030)
  • 3.1.1. Market Drivers
    • 3.1.1.1. Rising adoption of electric vehicles
    • 3.1.1.2. Increasing development of electricity power owing to rising demand for electricity
  • 3.1.2. Market Challenges
    • 3.1.2.1. Fluctuations in raw material
  • 3.1.3. Market Opportunities
    • 3.1.3.1. Rising electrification of industrial processes
    • 3.1.3.2. Integration of renewable energy plants
    • 3.1.3.3. Rising technological advancement

Chapter 4. Global Electrical Steel Market Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Porter's 5 Force Impact Analysis
• 4.3. PEST Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
  • 4.3.5. Environmental
  • 4.3.6. Legal
• 4.4. Top investment opportunity
• 4.5. Top winning strategies
• 4.6. COVID-19 Impact Analysis
• 4.7. Disruptive Trends
• 4.8. Industry Expert Perspective
• 4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Electrical Steel Market, by Product

• 5.1. Market Snapshot
• 5.2. Global Electrical Steel Market by Product, Performance - Potential Analysis
• 5.3. Global Electrical Steel Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
• 5.4. Electrical Steel Market, Sub Segment Analysis
  • 5.4.1. Grain oriented electrical steel
  • 5.4.2. Non-grain oriented electrical steel

Chapter 6. Global Electrical Steel Market, by Application

• 6.1. Market Snapshot
• 6.2. Global Electrical Steel Market by Application, Performance - Potential Analysis
• 6.3. Global Electrical Steel Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
• 6.4. Electrical Steel Market, Sub Segment Analysis
  • 6.4.1. Transformer
  • 6.4.2. Motor
  • 6.4.3. Inductor
  • 6.4.4. Other

Chapter 7. Global Electrical Steel Market, Regional Analysis

• 7.1. Top Leading Countries
• 7.2. Top Emerging Countries
• 7.3. Electrical Steel Market, Regional Market Snapshot
• 7.4. North America Electrical Steel Market
  • 7.4.1. U.S. Electrical Steel Market
    • 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
    • 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  • 7.4.2. Canada Electrical Steel Market
• 7.5. Europe Electrical Steel Market Snapshot
  • 7.5.1. U.K. Electrical Steel Market
  • 7.5.2. Germany Electrical Steel Market
  • 7.5.3. France Electrical Steel Market
  • 7.5.4. Spain Electrical Steel Market
  • 7.5.5. Italy Electrical Steel Market
  • 7.5.6. Rest of Europe Electrical Steel Market
• 7.6. Asia-Pacific Electrical Steel Market Snapshot
  • 7.6.1. China Electrical Steel Market
  • 7.6.2. India Electrical Steel Market
  • 7.6.3. Japan Electrical Steel Market
  • 7.6.4. Australia Electrical Steel Market
  • 7.6.5. South Korea Electrical Steel Market
  • 7.6.6. Rest of Asia Pacific Electrical Steel Market
• 7.7. Latin America Electrical Steel Market Snapshot
  • 7.7.1. Brazil Electrical Steel Market
  • 7.7.2. Mexico Electrical Steel Market
• 7.8. Middle East & Africa Electrical Steel Market
  • 7.8.1. Saudi Arabia Electrical Steel Market
  • 7.8.2. South Africa Electrical Steel Market
  • 7.8.3. Rest of Middle East & Africa Electrical Steel Market

Chapter 8. Competitive Intelligence

• 8.1. Key Company SWOT Analysis
  • 8.1.1. Company 1
  • 8.1.2. Company 2
  • 8.1.3. Company 3
• 8.2. Top Market Strategies
• 8.3. Company Profiles
  • 8.3.1. ArcelorMittal S.A
    • 8.3.1.1. Key Information
    • 8.3.1.2. Overview
    • 8.3.1.3. Financial (Subject to Data Availability)
    • 8.3.1.4. Product Summary
    • 8.3.1.5. Recent Developments
  • 8.3.2. POSCO
  • 8.3.3. thyssenkrupp AG
  • 8.3.4. JFE Steel Corporation
  • 8.3.5. Cleveland-Cliffs Inc
  • 8.3.6. NIPPON STEEL CORPORATION
  • 8.3.7. China Steel Corporation
  • 8.3.8. Tata Steel Limited
  • 8.3.9. Baosteel Group
  • 8.3.10. United States Steel Corporation

Chapter 9. Research Process

• 9.1. Research Process
  • 9.1.1. Data Mining
  • 9.1.2. Analysis
  • 9.1.3. Market Estimation
  • 9.1.4. Validation
  • 9.1.5. Publishing
• 9.2. Research Attributes
• 9.3. Research Assumption