Electrical Steel Market 2026

September 2025 | 207 pages | ID: E785CB36B294EN
DataM Intelligence

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The Electrical Steel Market was valued at in and is anticipated to reach by , at a CAGR of 0.075 from 2026 to 2032.

The report delivers in-depth insights into key market dynamics, including regional growth trends, market segmentation, CAGR projections, and the revenue performance of leading industry players. It also highlights major growth drivers shaping the market landscape. Designed to provide a clear and comprehensive perspective, the report offers a detailed view of the current market size in terms of both value and volume, along with emerging opportunities and the overall development outlook of the Electrical Steel Market.

This report delivers a comprehensive overview of the Electrical Steel Market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Electrical Steel Market. The Electrical Steel Market size, estimates, and forecasts are provided in terms of output/shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for –.

Electrical Steel Market Scope:

By Type
  • Grain Oriented Electrical Steel
  • Non-Grain Oriented Electrical Steel
By Application
  • Transformers
  • Inductors
  • Motors
  • Power Generators
  • Electrical Ballasts
  • Battery
  • Magnetic Bearings
  • Filters
  • Others
By End-User
  • Automotive
  • Aviation
  • Energy and Power
  • Building and Construction
  • Domestic Household Appliances
  • Others
Key Players
  • ArcelorMittal S.A.
  • Baosteel Group Corporation
  • Pohang Iron and Steel Company (POSCO)
  • Nippon Steel & Sumimoto Metal
  • JFE Holdings Inc.
  • Jiangsu Shagang Group
  • Tata Steel
  • The United States Steel Corporation (US Steel)
  • Angang Steel Co. Ltd.
  • Gerdau(LIST NOT EXHAUSTIVE)
Major Highlights

This report delivers a comprehensive overview of the Electrical Steel Market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Electrical Steel Market. The Electrical Steel Market size, estimates, and forecasts are provided in terms of output/shipments (K Sqm) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for –.

This report will assist keyword manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Regional Analysis:
  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
  • South America (Colombia, Brazil, Argentina, Rest of South America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Target Audience 2026
  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
1. METHODOLOGY AND SCOPE

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. DEFINITION AND OVERVIEW

3. EXECUTIVE SUMMARY

3.1. Market Snippet By Type
3.2. Market Snippet By Application
3.3. Market Snippet By End-User
3.4. Market Snippet By Region

4. DYNAMICS

4.1. Impacting Factors
  4.1.1. Drivers
    4.1.1.1. The growing automotive industry
    4.1.1.2. The rising industrialization and use of motors
  4.1.2. Restraints
    4.1.2.1. Volatility in raw materials price
    4.1.2.2. XX
  4.1.3. Opportunity
    4.1.3.1. XX
  4.1.4. Impact Analysis

5. INDUSTRY ANALYSIS

5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis

6. COVID-19 ANALYSIS

6.1. Analysis of COVID-19
  6.1.1. Before COVID-19 Scenario
  6.1.2. Present COVID-19 Scenario
  6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion

7. BY TYPE

7.1. Introduction
  7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  7.1.2. Market Attractiveness Index, By Type
7.2. Grain Oriented Electrical Steel*
  7.2.1. Introduction
  7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  7.2.3. Laminated Sheets
  7.2.4. Wounds Sheets
  7.2.5. Punched Sheets
7.3. Non-Grain Oriented Electrical Steel
  7.3.1. Fully Processed
  7.3.2. Semi-processed

8. BY APPLICATION

8.1. Introduction
  8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  8.1.2. Market Attractiveness Index, By Application
8.2. Transformers*
  8.2.1. Introduction
  8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  8.2.3. Power Transformers
  8.2.4. Distribution Transformers
  8.2.5. Current Transformers
  8.2.6. Welding Transformers
  8.2.7. Audio Transformers
  8.2.8. Others
8.3. Inductors
8.4. Motors
  8.4.1. Stator
  8.4.2. Rotors
  8.4.3. Others
8.5. Power Generators
  8.5.1. Gasoline
  8.5.2. Diesel
  8.5.3. Others
8.6. Electrical Ballasts
  8.6.1. Outdoor Lighting
  8.6.2. Indoor Lighting
8.7. Battery
8.8. Magnetic Bearings
8.9. Filters
8.10. Others

9. BY END-USER

9.1. Introduction
  9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  9.1.2. Market Attractiveness Index, By End-User
9.2. Automotive*
  9.2.1. Introduction
  9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Aviation
9.4. Energy and Power
9.5. Building and Construction
9.6. Domestic Household Appliances
9.7. Others

10. BY REGION

10.1. Introduction
10.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.3. Market Attractiveness Index, By Region
10.4. North America
  10.4.1. Introduction
  10.4.2. Key Region-Specific Dynamics
  10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    10.4.6.1. U.S.
    10.4.6.2. Canada
    10.4.6.3. Mexico
10.5. Europe
  10.5.1. Introduction
  10.5.2. Key Region-Specific Dynamics
  10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    10.5.6.1. Germany
    10.5.6.2. UK
    10.5.6.3. France
    10.5.6.4. Italy
    10.5.6.5. Rest of Europe
10.6. South America
  10.6.1. Introduction
  10.6.2. Key Region-Specific Dynamics
  10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  10.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    10.6.6.1. Brazil
    10.6.6.2. Argentina
    10.6.6.3. Rest of South America
10.7. Asia-Pacific
  10.7.1. Introduction
  10.7.2. Key Region-Specific Dynamics
  10.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  10.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  10.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  10.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    10.7.6.1. China
    10.7.6.2. India
    10.7.6.3. Japan
    10.7.6.4. Australia
    10.7.6.5. Rest of Asia-Pacific
10.8. Middle East and Africa
  10.8.1. Introduction
  10.8.2. Key Region-Specific Dynamics
  10.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  10.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  10.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

11. COMPETITIVE LANDSCAPE

11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis

12. COMPANY PROFILES

12.1. ArcelorMittal S.A.
  12.1.1. Company Overview
  12.1.2. Product Portfolio and Description
  12.1.3. Key Highlights
  12.1.4. Financial Overview
12.2. Baosteel Group Corporation
12.3. Pohang Iron and Steel Company (POSCO)
12.4. Nippon Steel & Sumimoto Metal
12.5. JFE Holdings Inc.
12.6. Jiangsu Shagang Group
12.7. Tata Steel
12.8. The United States Steel Corporation (US Steel)
12.9. Angang Steel Co. Ltd.
12.10. Gerdau(*LIST NOT EXHAUSTIVE)

13. APPENDIX

13.1. About Us and Services
13.2. Contact Us


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