(2018-2023) Grain Oriented Electrical Steel Market Forecast with Top Companies, Growth Factors, Classification, Regional Analysis, Development Factors and Applications

  • William Simmons
    William Simmons
  • June 14, 2019
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Grain Oriented Electrical Steel

Report Name: 2018-2023 Global Grain Oriented Electrical Steel Consumption Market Report.

The Worldwide Grain Oriented Electrical Steel Market is a recently published research report that covers every aspect of Global Grain Oriented Electrical Steel 2018 along with in-detailed analysis of Grain Oriented Electrical Steel market growth elements, Grain Oriented Electrical Steel market trends, size, demand and Grain Oriented Electrical Steel market distribution. The Grain Oriented Electrical Steel report also evaluates the past and current Grain Oriented Electrical Steel market values to predict future market directions between the forecast period 2018 to 2023. This research report segments the Grain Oriented Electrical Steel industry according to Type, Application and regions.

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Summary of Grain Oriented Electrical Steel Market:

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment.
There are two types of electrical steel: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. In this report we researched grain oriented electrical steel.Grain oriented electrical steels are iron-silicon magnetic alloys. These alloys are used to construct the cores of highly-efficient electric transformers due to their unique magnetic properties. Available in grades M-2, M-3, M-4, M-5 and M-6, with superior magnetic properties in the rolling direction, oriented steels are used in transformer cores. They are used in large generators and other apparatus when the design permits the directional magnetic characteristics to be used efficiently.Grain oriented electrical steel usually has a silicon level of 3%. It is processed in such a way that the optimal properties are developed in the rolling direction, due to a tight control (proposed by Norman P. Goss) of the crystal orientation relative to the sheet. Grain oriented electrical steels are usually applied in transformers, rectifiers and so on.Supply and demand conditions of grain oriented electrical steel show polarization. In low-end products field, overcapacity has become more and more serious, but in the high-performance field, oriented electrical steel with high grade and magnetic induction, the market is in short supply. To seize a larger global market share,
In the future, manufacturing companies will invest much more on R&D and the products will be closer to high-end field.For regions, Asia, especially China, is the largest production and consumption region, followed by Europe and US. Japan and Korea also play important rule in the market, large quantity of Grain Oriented Electrical Steel is exported to the world every year.
This situation will not change in the short term.
Over the next five years, projects that Grain Oriented Electrical Steel will register a 2.1% CAGR in terms of revenue, reach US$ 7530 million by 2023, from US$ 6670 million in 2017.

Some of key competitors or manufacturers included in this report are:

Company 1, Company 2, Company 3

Grain Oriented Electrical Steel  market Production Breakdown Data by Top Regions:

  • United States (Canada, Mexico)
  • Europe (Germany, France, UK, Italy, Russia, Spain)
  • APAC (China, Japan, Korea, Australia)
  • Africa (Egypt, Israel, Turkey)

The study objectives of Grain Oriented Electrical Steel Market report are:

  • To study and analyze the global Grain Oriented Electrical Steel market consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2018, and forecast to 2023.
  • To understand the structure of Grain Oriented Electrical Steel market by identifying its various sub segments.
    Focuses on the key global Grain Oriented Electrical Steel market  manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyse the Grain Oriented Electrical Steel market with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Grain Oriented Electrical Steel submarkets, with respect to key regions (along with their respective key countries).
  • To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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By the product type, the Grain Oriented Electrical Steel market is primarily split into:

General, High Magnetic Strength, Domain Refinement

By the end users/application, Grain Oriented Electrical Steel market report covers the following segments:

Transformer, Power Generator, Electric Motor, Other

This report presents a comprehensive overview, market shares, and growth opportunities of Grain Oriented Electrical Steel market by product type, application, key manufacturers and key regions and countries.

Table of Contents: 2018-2023 Global Grain Oriented Electrical Steel Market Consumption Market Report like,

  1. Scope of the Grain Oriented Electrical Steel Market Report:
  • Market Introduction
  • Research Objectives
  • Years Considered
  • Market Research Methodology
  • Economic Indicators
  • Currency Considered
  1. Executive Summary:
  • World Market Overview
  • Global Grain Oriented Electrical Steel Market Consumption 2013-2023
  • Grain Oriented Electrical Steel market Consumption CAGR by Region
  • Grain Oriented Electrical Steel market Consumption by Application
  • Global Grain Oriented Electrical Steel Value and Market Share by Application (2013-2018)
  • Others…
  1. Global Grain Oriented Electrical Steel by Players:
  • Global Grain Oriented Electrical Steel Market Sales by Players (2016-2018)
  • Global Grain Oriented Electrical Steel Market Sales Market Share by Players (2016-2018)
  • Global Grain Oriented Electrical Steel Revenue Market Share by Players (2016-2018)
  • Others…
  1. Market Drivers, Challenges and Trends:
  • Market Drivers and Impact
  • Growing Demand from Key Regions
  • Growing Demand from Key Applications and Potential Industries
  • Market Challenges and Impact
  • Market Trends
  1. Marketing, Distributors and Customer:
  • Sales Channel
  • Direct Marketing
  • Indirect Marketing
  • Grain Oriented Electrical Steel Customer

 Continued…

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In the end, Grain Oriented Electrical Steel market report undertakes the new project, key development areas, business overview, product specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends. The study also presents a round-up of exposures which companies operating in the market and must be avoided in order to enjoy bearable growth through the course of the forecast period.

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