Electrical Steel Industry: Global Market Size, Growth, Trends and 2025 Forecast Report
                     Adroit Market Research
Global Electrical Steel Market Size 2019
by Type (Grain-oriented and Non Grain-oriented), 
Application (Transformers, Motors, Inductors), End-use 
Industry (Energy, Automobile, Manufacturing, 
Household Appliances), Region, and Forecast to 2025
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Global Electrical Steel Market To Increase With 7.7% CAGR During The 
Forecast Period
• The global electrical steel market was valued at over USD 21.0 billion in 2019 and is expected to 
grow with a CAGR of 6.5% from 2019 to 2025. Prevalent use of electrical steel owing to its 
increasing investment in infrastructure along with increasing urbanization are contributing factors 
driving the global electrical steel market.
• The electrical steel market research report, published by adroit market research, gives an in-depth 
analysis of the market from 2015 to 2025. The market has been studied from the year 2015 to 
2017 considering it as the historic timeline, 2018 as the base year of estimation and 2019 to 2025 
as the period of forecast. In addition, the study also possess the Porter’s five forces analysis and 
PESTLE analysis.
• Electrical steels are the most commonly used soft magnetic material for control applications. 
Electrical steel consists of grain- as well as non- grain electrical steels. They are practical materials 
for the generation, transmission, and delivery of electrical energy and electrical equipment.
• The related magnetic properties: magnetization activity and magnetic losses of non-grain-oriented 
electrical steels are determined by the strength of the texture components and by the 
inhomogeneity of the microstructure of the eventually processing material: grain size distribution, 
precipitation, internal tension.
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Adroit Market Research
Global Electrical Steel Market To Increase With 7.7% CAGR During The Forecast 
Period
• The number of processing steps and process parameters are strikingly different for non-grain 
oriented electrical steels compiled into grain-oriented electrical steels. Production after casting 
consists of hot rolling, cold rolling, and final annealing. Product and process advances in the field of 
non-grain-oriented electrical steels are defined, as in the case of grain-oriented electrical steels, by 
the adaptation of magnetic properties and other physical properties for special application areas as 
well as by technical innovations.
• Global non-grain-oriented electrical steel industry size will reach USD 10.6 billion by 2025 due to 
the increasing global demand for electric vehicles. Increasing demand for the production of vehicles 
has raised the demand for goods as a key ingredient in motor parts to improve the strength and 
fuel efficiency of vehicles and is expected to enhance the growth of the industry.
• A number of industry players such as Voestalpine, ArcelorMittal Europe, MITSUI & Co. and Arnold 
Magnetic Technologies have become less competitive and concentrated in global electricity steel 
market share. Manufacturers concentrate primarily on the production of new creative goods so that 
their product range can be extended and new customers can grow. The attention of the main 
players is growing over the years, thanks to a large number of customers in the region, to 
penetrate the South-East Asian markets.
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Key Segments of the Global Electrical Steel Market
Product Overview, 2015-2025 (USD Million) (Kilo Tons)
• Grain Oriented
• Non Grain-Oriented
Application Overview, 2015-2025 (USD Million) (Kilo Tons)
• Transformers
• Motors
• Inductors
End-Use Overview, 2015-2025 (USD Million) (Kilo Tons)
• Energy
• Automotive
• Manufacturing
• Household Appliances
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Adroit Market Research
Key Segments of the Global Electrical Steel Market
Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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Adroit Market Research
About Us
Adroit Market Research is an India-based business analytics and consulting company. Our 
target audience is a wide range of corporations, manufacturing companies, product/technology 
development institutions and industry associations that require understanding of a market’s 
size, key trends, participants and future outlook of an industry. We intend to become our 
clients’ knowledge partner and provide them with valuable market insights to help create 
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At 
our core, we are curious people who love to identify and understand industry patterns, create 
an insightful study around our findings and churn out money-making roadmaps. Our analysts 
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, 
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and 
machinery & equipment sectors across the world to identify new opportunities, potential 
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for 
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