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Global Electrical Steel Market Outlook to 2023: A $11.1 Billion Opportunity Driven by the Growing Electricity Demand in Residential, Commercial and Industrial Sectors

/EIN News/ -- Dublin, Nov. 28, 2018 (GLOBE NEWSWIRE) -- The "Global Electrical Steel Market By Type (Cold Rolled Grain Oriented Vs Cold Rolled Non Grain Oriented), By Application (Power Transformer, Distribution Transformer & Others), By Region, Competition Forecast & Opportunities, 2013-2023" report has been added to's offering.

According to the report, the market is projected to reach $ 11.1 billion by 2023, on account of growing electricity demand in residential, commercial and industrial sectors, which in turn boosts the use of electrical steel in transformers and motors.

Over the coming years, demand for electrical steel from the power sector is expected to grow at a robust pace, on account of huge demand for new transformers in renewable energy sector including wind and solar.

Technological advancements, increasing demand for electric hybrid vehicles and government support are some of the other factors that would have a positive impact on the electrical steel market, globally, during forecast period.

Some of the major players operating in global electrical steel market are ArcelorMittal, POSCO, ThyssenKrupp Steel Europe, Nippon Steel & Sumitomo Metal Corporation, United States Steel Corporation, China Baowu Steel Group Corporation Limited, TATA Steel Limited, AK Steel Corporation, Hyundai Steel, Ansteel Group Corporation Limited, Hesteel Group Company Limited, etc.

This report discusses the following aspects of Electrical Steel market globally:

  • Electrical Steel Market Size, Share & Forecast
  • Segmental Analysis - By Type (Cold Rolled Grain Oriented Vs Cold Rolled Non Grain Oriented), By Application (Power Transformer, Distribution Transformer & Others), By Region
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

  • To gain an in-depth understanding of Electrical Steel globally
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, Electrical Steel distributors and other stakeholders align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Key Topics Covered

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer
4.1. Brand Satisfaction Level

5. Global Electrical Steel Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Cold Rolled Grain Oriented & Cold Rolled Non Grain Oriented)
5.2.2. By Application (Power Transformer, Distribution Transformer, Instrument Transformer, Motor, Inductor and Others)
5.2.3. By Region
5.2.4. By Company
5.3. Market Attractiveness Index
5.3.1. By Type
5.3.2. By Application
5.3.3. By Region

6. Asia-Pacific Electrical Steel Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By Country
6.3. Market Attractiveness Index
6.3.1. By Type
6.3.2. By Application
6.3.3. By Country

7. Europe Electrical Steel Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By Country
7.3. Market Attractiveness Index
7.3.1. By Type
7.3.2. By Application
7.3.3. By Country

8. North America Electrical Steel Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.3. Market Attractiveness Index
8.3.1. By Type
8.3.2. By Application

8.3.3. By Country

9. South America Electrical Steel Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By Country
9.3. Market Attractiveness Index
9.3.1. By Type
9.3.2. By Application
9.3.3. By Country

10. Middle East & Africa Electrical Steel Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
10.2.3. By Country
10.3. Market Attractiveness Index
10.3.1. By Type
10.3.2. By Application
10.3.3. By Country

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Price Point Analysis

14. Competitive Landscape
14.1. Competition Matrix
14.2. Company Profiles
14.2.1. ArcelorMittal
14.2.2. POSCO
14.2.3. ThyssenKrupp Steel Europe
14.2.4. Nippon Steel & Sumitomo Metal Corporation
14.2.5. United States Steel Corporation
14.2.6. China Baowu Steel Group Corporation Limited
14.2.7. TATA Steel Limited
14.2.8. AK Steel Corporation
14.2.9. Hyundai Steel
14.2.10. Ansteel Group Corporation Limited
14.2.11. Hesteel Group Company Limited

15. Strategic Recommendations

For more information about this report visit

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                    Related Topics: Iron and Steel


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