방향성 전기강판 시장 규모 조사 : 제품 유형별, 두께별, 용도별, 지역별 전망(2022-2032년)

Global Grain Oriented Electrical Steel Market is valued at approximately USD 12.40 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2024-2032. Grain Oriented Electrical Steel is a crucial material used in the production of energy-efficient transformers and high-performance generators. This specialized type of steel is commonly used in the form of punched, laminated, or wound sheets. It serves as a crucial core material for various types of transformers and electrical generators. The increasing demand for electric vehicles (EVs) and growing product demand in the electrical industry are key drivers of market growth.

The market is witnessing several trends, including the growing demand for electrical steel in the automotive industry for electric vehicles (EVs). EVs require high-quality electrical steel for traction motors, which are crucial for vehicle power and efficiency. This trend is creating significant growth opportunities in the market. Furthermore, the increasing construction of industrial buildings, warehouses, storage units, and metro stations in developing countries is driving the demand for grain oriented electrical steel, particularly for power generation applications. Additionally, the rising infrastructure for electric vehicle (EV) charging stations is expected to further bolster product adoption. However, the market faces challenges such as fluctuations in steel prices and the high costs associated with transformer production. The market growth may be limited due to these challenges, as well as environmental and health risks.

The key regions considered for the Global Grain Oriented Electrical Steel Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is a dominating region in the Global Grain Oriented Electrical Steel Market in terms of revenue. The region's market growth is attributed to the expanding manufacturing sector in countries such as South Korea, India, and China. Whereas, the market in Europe is anticipated to grow at the fastest rate over the forecast period fueled by its technologically advanced economies, also shows strong demand for grain oriented electrical steel, particularly in the production of industrial equipment and machinery.

Major market players included in this report are:

• ArcelorMittal (Luxembourg)
• POSCO (South Korea)
• Stalprodukt S.A. (Poland)
• Baosteel Group Corporation (China)
• NIPPON STEEL CORPORATION (Japan)
• JFE Steel Corporation (Japan)
• thyssenkrupp Steel (Germany)
• Cleveland-Cliffs Inc. (U.S.)
• Arnold Magnetic Technologies (U.S.)
• VIZ-Steel (Russia)
• Voestalpine AG
• Shagang Group Co., Ltd.
• NLMK Group (Novolipetsk Steel)
• Tata Steel Limited
• Hebei Iron and Steel Group Co., Ltd.

The detailed segments and sub-segment of the market are explained below:

By Product Type:

• Conventional
• High Magnetic Strength Sheets
• Domain Refinement

By Thickness:

• 0.2 mm and Below
• 0.23 mm
• 0.27 mm
• 0.30 mm
• 0.35 mm and Above

By Application:

• Transformer
• Power Generator
• Electric Motor
• Others

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
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:

• Historical year - 2022
• Base year - 2023
• Forecast period - 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. Global Grain Oriented Electrical Steel Market Executive Summary

• 1.1. Global Grain Oriented Electrical Steel Market Size & Forecast (2022-2032)
• 1.2. Regional Summary
• 1.3. Segmental Summary
  • 1.3.1. By Product Type
  • 1.3.2. By Thickness
  • 1.3.3. By Application
• 1.4. Key Trends
• 1.5. Recession Impact
• 1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Grain Oriented Electrical Steel Market Definition and Research Assumptions

• 2.1. Research Objective
• 2.2. Market Definition
• 2.3. Research Assumptions
  • 2.3.1. Inclusion & Exclusion
  • 2.3.2. Limitations
  • 2.3.3. Supply Side Analysis
    • 2.3.3.1. Availability
    • 2.3.3.2. Infrastructure
    • 2.3.3.3. Regulatory Environment
    • 2.3.3.4. Market Competition
    • 2.3.3.5. Economic Viability (Consumer's Perspective)
  • 2.3.4. Demand Side Analysis
    • 2.3.4.1. Regulatory frameworks
    • 2.3.4.2. Technological Advancements
    • 2.3.4.3. Environmental Considerations
    • 2.3.4.4. Consumer Awareness & Acceptance
• 2.4. Estimation Methodology
• 2.5. Years Considered for the Study
• 2.6. Currency Conversion Rates

Chapter 3. Global Grain Oriented Electrical Steel Market Dynamics

• 3.1. Market Drivers
  • 3.1.1. Increasing Demand for Electric Vehicles
  • 3.1.2. Growing Product Demand in the Electrical Industry
• 3.2. Market Challenges
  • 3.2.1. Fluctuations in Prices of Steel
  • 3.2.2. High Cost of Transformers
• 3.3. Market Opportunities
  • 3.3.1. Rising Infrastructure for Electric Vehicle Charging
  • 3.3.2. Investment in Local Power Networks

Chapter 4. Global Grain Oriented 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
  • 4.1.6. Futuristic Approach to Porter's 5 Force Model
  • 4.1.7. Porter's 5 Force Impact Analysis
• 4.2. PESTEL Analysis
  • 4.2.1. Political
  • 4.2.2. Economical
  • 4.2.3. Social
  • 4.2.4. Technological
  • 4.2.5. Environmental
  • 4.2.6. Legal
• 4.3. Top investment opportunity
• 4.4. Top winning strategies
• 4.5. Disruptive Trends
• 4.6. Industry Expert Perspective
• 4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Grain Oriented Electrical Steel Market Size & Forecasts by Product Type 2022-2032

• 5.1. Segment Dashboard
• 5.2. Global Grain Oriented Electrical Steel Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  • 5.2.1. Conventional
  • 5.2.2. High Magnetic Strength Sheets
  • 5.2.3. Domain Refinement

Chapter 6. Global Grain Oriented Electrical Steel Market Size & Forecasts by Thickness 2022-2032

• 6.1. Segment Dashboard
• 6.2. Global Grain Oriented Electrical Steel Market: Thickness Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  • 6.2.1. 0.2 mm and Below
  • 6.2.2. 0.23 mm
  • 6.2.3. 0.27 mm
  • 6.2.4. 0.30 mm
  • 6.2.5. 0.35 mm and Above

Chapter 7. Global Grain Oriented Electrical Steel Market Size & Forecasts by Application 2022-2032

• 7.1. Segment Dashboard
• 7.2. Global Grain Oriented Electrical Steel Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  • 7.2.1. Transformer
  • 7.2.2. Power Generator
  • 7.2.3. Electric Motor
  • 7.2.4. Others

Chapter 8. Global Grain Oriented Electrical Steel Market Size & Forecasts by Region 2022-2032

• 8.1. North America Grain Oriented Electrical Steel Market
  • 8.1.1. U.S. Grain Oriented Electrical Steel Market
    • 8.1.1.1. Product Type breakdown size & forecasts, 2022-2032
    • 8.1.1.2. Thickness breakdown size & forecasts, 2022-2032
    • 8.1.1.3. Application breakdown size & forecasts, 2022-2032
  • 8.1.2. Canada Grain Oriented Electrical Steel Market
• 8.2. Europe Grain Oriented Electrical Steel Market
  • 8.2.1. U.K. Grain Oriented Electrical Steel Market
  • 8.2.2. Germany Grain Oriented Electrical Steel Market
  • 8.2.3. France Grain Oriented Electrical Steel Market
  • 8.2.4. Spain Grain Oriented Electrical Steel Market
  • 8.2.5. Italy Grain Oriented Electrical Steel Market
  • 8.2.6. Rest of Europe Grain Oriented Electrical Steel Market
• 8.3. Asia-Pacific Grain Oriented Electrical Steel Market
  • 8.3.1. China Grain Oriented Electrical Steel Market
  • 8.3.2. India Grain Oriented Electrical Steel Market
  • 8.3.3. Japan Grain Oriented Electrical Steel Market
  • 8.3.4. Australia Grain Oriented Electrical Steel Market
  • 8.3.5. South Korea Grain Oriented Electrical Steel Market
  • 8.3.6. Rest of Asia Pacific Grain Oriented Electrical Steel Market
• 8.4. Latin America Grain Oriented Electrical Steel Market
  • 8.4.1. Brazil Grain Oriented Electrical Steel Market
  • 8.4.2. Mexico Grain Oriented Electrical Steel Market
  • 8.4.3. Rest of Latin America Grain Oriented Electrical Steel Market
• 8.5. Middle East & Africa Grain Oriented Electrical Steel Market
  • 8.5.1. Saudi Arabia Grain Oriented Electrical Steel Market
  • 8.5.2. South Africa Grain Oriented Electrical Steel Market
  • 8.5.3. Rest of Middle East & Africa Grain Oriented Electrical Steel Market

Chapter 9. Competitive Intelligence

• 9.1. Key Company SWOT Analysis
• 9.2. Top Market Strategies
• 9.3. Company Profiles
  • 9.3.1. ArcelorMittal
    • 9.3.1.1. Key Information
    • 9.3.1.2. Overview
    • 9.3.1.3. Financial (Subject to Data Availability)
    • 9.3.1.4. Product Summary
    • 9.3.1.5. Market Strategies
  • 9.3.2. POSCO
  • 9.3.3. Stalprodukt S.A.
  • 9.3.4. Baosteel Group Corporation
  • 9.3.5. NIPPON STEEL CORPORATION
  • 9.3.6. JFE Steel Corporation
  • 9.3.7. thyssenkrupp Steel
  • 9.3.8. Cleveland-Cliffs Inc.
  • 9.3.9. Arnold Magnetic Technologies
  • 9.3.10. VIZ-Steel
  • 9.3.11. Voestalpine AG
  • 9.3.12. Shagang Group Co., Ltd.
  • 9.3.13. NLMK Group (Novolipetsk Steel)
  • 9.3.14. Tata Steel Limited
  • 9.3.15. Hebei Iron and Steel Group Co., Ltd.

Chapter 10. Research Process

• 10.1. Research Process
  • 10.1.1. Data Mining
  • 10.1.2. Analysis
  • 10.1.3. Market Estimation
  • 10.1.4. Validation
  • 10.1.5. Publishing
• 10.2. Research Attributes