전기강판 시장 규모, 점유율, 동향 및 성장 분석 보고서(2026-2034년)

The global electrical steel market size is expected to reach USD 61.27 Billion in 2034 from USD 37.11 Billion in 2025, growing at a CAGR of 5.73 during 2026-2034.This market is expanding steadily due to increasing demand for energy-efficient electrical equipment across power generation, transmission, automotive, and industrial applications. Electrical steel is widely used in transformers, electric motors, generators, and renewable energy systems because of its excellent magnetic properties and energy efficiency. Rising electrification and infrastructure development continue supporting strong industry growth worldwide.

Growing investments in electric vehicles, renewable energy projects, and smart grid modernization are major drivers for market expansion. Manufacturers are developing high-performance grain-oriented and non-grain-oriented electrical steel products to improve efficiency while reducing energy losses. Increasing industrial automation, expanding power distribution networks, and rising electricity demand further strengthen long-term commercial opportunities across multiple sectors.

Future growth is expected to benefit from accelerating global electrification, sustainable energy initiatives, and advanced manufacturing technologies. Continuous innovation in high-efficiency electrical steel grades and environmentally responsible production processes will enhance product performance. Expanding renewable energy infrastructure, electric mobility, and next-generation power systems are anticipated to create significant opportunities throughout the forecast period.

Our reports are carefully developed to deliver comprehensive and actionable insights across a wide range of industries and markets. Each report includes several essential components designed to provide a complete understanding of the market environment:

Market Overview: This section provides a clear introduction to the market, including key definitions, classifications, and an overview of the current industry landscape.

Market Dynamics: A detailed evaluation of the primary drivers, restraints, opportunities, and challenges shaping market growth. It covers factors such as technological developments, regulatory frameworks, and evolving industry trends.

Segmentation Analysis: A structured breakdown of the market into key segments based on product type, application, end-user, and geographic region. This section highlights the performance, growth potential, and contribution of each segment.

Competitive Landscape: An in-depth assessment of leading market participants, including their market positioning, product portfolios, strategic initiatives, and financial performance. It provides valuable insights into competitive dynamics and the strategies adopted by key players.

Market Forecast: Data-driven projections of market size and growth patterns over a defined forecast period. This section incorporates historical trends, current market conditions, and quantitative analysis to illustrate expected future developments.

Regional Analysis: A comprehensive review of market performance across major geographic regions, identifying high-growth areas and regional trends to better understand localized market opportunities.

Emerging Trends and Opportunities: Identification of significant market trends, technological advancements, and new investment opportunities. This section highlights potential growth areas and future industry developments.

Customization Options: We offer flexible customization services to tailor reports according to specific client requirements. This may include additional segmentation, country-level analysis, competitor profiling, customized data points, or focused insights on particular market segments to better support strategic decision-making.

MARKET SEGMENTATION

By Type

• Non-Grain Oriented
• Grain Oriented

By Application

• Transformer
• Motors
• Inductors
• Others

COMPANIES PROFILED

• Benxi Steel, Tata Steel, Nucor Corp, NLMK, ArcelorMittal, Shougang Group, thyssenkrupp Steel, Baosteel Group, POSCO, NIPPON STEEL, Voestalpine, Aperam S.A.

TABLE OF CONTENTS

Chapter 1. PREFACE

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1 Information Analysis
  • 1.3.2 Market Formulation & Data Visualization
  • 1.3.3 Data Validation & Publishing
• 1.4. Research Scope and Assumptions
  • 1.4.1 List of Data Sources

Chapter 2. EXECUTIVE SUMMARY

• 2.1. Market Snapshot
• 2.2. Segmental Outlook
• 2.3. Competitive Outlook

Chapter 3. MARKET VARIABLES, TRENDS, FRAMEWORK

• 3.1. Market Lineage Outlook
• 3.2. Penetration & Growth Prospect Mapping
• 3.3. Value Chain Analysis
• 3.4. Regulatory Framework
  • 3.4.1 Standards & Compliance
  • 3.4.2 Regulatory Impact Analysis
• 3.5. Market Dynamics
  • 3.5.1 Market Drivers
  • 3.5.2 Market Restraints
  • 3.5.3 Market Opportunities
  • 3.5.4 Market Challenges
• 3.6. Porter's Five Forces Analysis
• 3.7. PESTLE Analysis

Chapter 4. GLOBAL ELECTRICAL STEEL MARKET: BY TYPE 2022-2034 (USD MN)

• 4.1. Market Analysis, Insights and Forecast Type
• 4.2. Non-Grain Oriented Estimates and Forecasts By Regions 2022-2034 (USD MN)
• 4.3. Grain Oriented Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 5. GLOBAL ELECTRICAL STEEL MARKET: BY APPLICATION 2022-2034 (USD MN)

• 5.1. Market Analysis, Insights and Forecast Application
• 5.2. Transformer Estimates and Forecasts By Regions 2022-2034 (USD MN)
• 5.3. Motors Estimates and Forecasts By Regions 2022-2034 (USD MN)
• 5.4. Inductors Estimates and Forecasts By Regions 2022-2034 (USD MN)
• 5.5. Others Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 6. GLOBAL ELECTRICAL STEEL MARKET: BY REGION 2022-2034 (USD MN)

• 6.1. Regional Outlook
• 6.2. North America Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
  • 6.2.1 By Type
  • 6.2.2 By Application
  • 6.2.3 United States
  • 6.2.4 Canada
  • 6.2.5 Mexico
• 6.3. Europe Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
  • 6.3.1 By Type
  • 6.3.2 By Application
  • 6.3.3 United Kingdom
  • 6.3.4 France
  • 6.3.5 Germany
  • 6.3.6 Italy
  • 6.3.7 Russia
  • 6.3.8 Rest Of Europe
• 6.4. Asia-Pacific Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
  • 6.4.1 By Type
  • 6.4.2 By Application
  • 6.4.3 India
  • 6.4.4 Japan
  • 6.4.5 South Korea
  • 6.4.6 Australia
  • 6.4.7 South East Asia
  • 6.4.8 Rest Of Asia Pacific
• 6.5. Latin America Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
  • 6.5.1 By Type
  • 6.5.2 By Application
  • 6.5.3 Brazil
  • 6.5.4 Argentina
  • 6.5.5 Peru
  • 6.5.6 Chile
  • 6.5.7 Rest of Latin America
• 6.6. Middle East & Africa Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
  • 6.6.1 By Type
  • 6.6.2 By Application
  • 6.6.3 Saudi Arabia
  • 6.6.4 UAE
  • 6.6.5 Israel
  • 6.6.6 South Africa
  • 6.6.7 Rest of the Middle East And Africa

Chapter 7. COMPETITIVE LANDSCAPE

• 7.1. Recent Developments
• 7.2. Company Categorization
• 7.3. Supply Chain & Channel Partners (based on availability)
• 7.4. Market Share & Positioning Analysis (based on availability)
• 7.5. Vendor Landscape (based on availability)
• 7.6. Strategy Mapping

Chapter 8. COMPANY PROFILES OF GLOBAL ELECTRICAL STEEL INDUSTRY

• 8.1. Top Companies Market Share Analysis
• 8.2. Company Profiles
  • 8.2.1 Benxi Steel
  • 8.2.2 Tata Steel
  • 8.2.3 Nucor Corp
  • 8.2.4 NLMK
  • 8.2.5 ArcelorMittal
  • 8.2.6 Shougang Group
  • 8.2.7 Thyssenkrupp Steel
  • 8.2.8 Baosteel Group
  • 8.2.9 POSCO
  • 8.2.10 NIPPON STEEL
  • 8.2.11 Voestalpine
  • 8.2.12 Aperam S.A