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Electrical Steel Market

Electrical steel market is forecast to exhibit 6% CAGR & surpass a valuation of US$70 Bn by 2031. Non-grain oriented electrical steel to reign supreme<br>

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Electrical Steel Market

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  1. Copyright © Fact.MR All Rights Reserved Electrical Steel Market Analysis By Product Type By ByEnd Use Forecast 2021-2031

  2. About Fact.MR Fact.MR (FMR) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMR is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Social Media Research Customized Research Syndicated Research Investment Research Research Capabilities Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas For detailed subscription information please contact Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com Subscription Information Copyright © Fact.MR All Rights Reserved

  3. ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved

  4. Report Scope & Segmentation Historical projections indicate an impressive growth trajectory, registering a CAGR slightly below 6% from 2016 to 2020. Prospects were weighed down in 2020 due to the outbreak of COVID-19. However, projections appear favorable for 2021, with an expected valuation of over US$ 37 Bn. In the short-term forecast, maximum growth opportunities exist in the electric vehicles domain, as countries increasingly adopt more renewable transportation alternatives. Prominent manufacturers are capitalizing on the increasing popularity of silicone based semiconductors to increase their electrical steel production targets. Moreover, increasing emphasis on electrification of power grids and automobiles are generating significant expansion opportunities for the market. Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved

  5. Key Takeaways • Grain-oriented electrical steel to grow rapidly, contributing 51% share in the market • Transformers anticipated to account for more than 40% of total revenue in 2021 • Energy generation to account for over 33% revenue share for electrical steel • Sales of electrical steel to expand at approximately 5% CAGR in the U.S • India to account for over 2 out of 5 electrical steel sales, amid extensive power infrastructure development • China to surpass the 50% revenue threshold for the East Asian market by 2031 • Sales of electrical steel likely to expand at above 6% CAGR across Japan • “Amplifying demand for silicon semiconductors will continue to be the leading user of silicone material and electrical steel is often referred to as silicon steel,” Get To Know More About The Market Copyright © Fact.MR All Rights Reserved

  6. Competitive Landscape • Novolipetsk Steel • Voestalpine Stahl GmbH • POSCO • Nippon Steel • Sumitomo Metal Corporation • ThyssenKrupp AG • JFE Steel Corporation • Cogent Power • ArcelorMittal SA • Aperam SA • Baosteel Group Request For Sample Report Copyright © Fact.MR All Rights Reserved

  7. “Setting goals is the first step in turning the invisible into the visible” Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com For other queries contact:Suite 9884, 27 Upper Pembroke Street,Dublin 2, Ireland Tel: +353-1-6111-593 Copyright © Fact.MR All Rights Reserved

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