Electrical steels are distinguished by their excellent electro-magnetic properties. There are two major types of fully processed electrical steels: grain-oriented (GO) and non-oriented (NO). Non-oriented electrical steel features homogeneous magnetic properties in all directions. They are widely used as iron core materials in rotating machines ranging from large power generators to tiny precision electric motors. They are also used in the iron core of small power transformers. LPI (LP Information)' newest research report, the “Non Grain-oriented Electrical Steel Industry Forecast” looks at past sales and reviews total world Non Grain-oriented Electrical Steel sales in 2022, providing a comprehensive analysis by region and market sector of projected Non Grain-oriented Electrical Steel sales for 2023 through 2029. With Non Grain-oriented Electrical Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non Grain-oriented Electrical Steel industry. This Insight Report provides a comprehensive analysis of the global Non Grain-oriented Electrical Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Non Grain-oriented Electrical Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Non Grain-oriented Electrical Steel market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non Grain-oriented Electrical Steel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non Grain-oriented Electrical Steel. The global Non Grain-oriented Electrical Steel market size is projected to grow from US$ 18430 million in 2022 to US$ 22020 million in 2029; it is expected to grow at a CAGR of 22020 from 2023 to 2029. Global non grain-oriented electrical steel main players include Baowu, Shougang Group and TISCO etc. The top 5 companies hold a share about 50%. Asia Pacific is the largest market of non grain-oriented electrical steel, with a share over 75%, followed by Europe and North America.In terms of product, semi-processed is the largest segment, with a share over 70%. And in terms of application, the largest application is motor, followed by home appliances. This report presents a comprehensive overview, market shares, and growth opportunities of Non Grain-oriented Electrical Steel market by product type, application, key manufacturers and key regions and countries. Market Segmentation: Segmentation by type Semi-processed Fully Processed Segmentation by application Motor Home Appliances Power Generator Automotive Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Baowu Shougang TISCO Nippon Steel Ansteel Posco JFE Steel ThyssenKrupp Voestalpine ArcelorMittal NLMK CSC AK Steel (Cleveland-Cliffs) BX Steel Key Questions Addressed in this Report What is the 10-year outlook for the global Non Grain-oriented Electrical Steel market? What factors are driving Non Grain-oriented Electrical Steel market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Non Grain-oriented Electrical Steel market opportunities vary by end market size? How does Non Grain-oriented Electrical Steel break out type, application? What are the influences of COVID-19 and Russia-Ukraine war?
1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Non Grain-oriented Electrical Steel Annual Sales 2018-2029
