Global NGO Electrical Steel Industry Growth and Trends Forecast to 2031

Summary

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.

According to APO Research, The global NGO Electrical Steel market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for NGO Electrical Steel is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for NGO Electrical Steel is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for NGO Electrical Steel is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of NGO Electrical Steel include Baowu, Shougang Group, TISCO, Nippon Steel, Ansteel, Posco, JFE Steel, Thyssen Krupp and Voestalpine, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope


This report aims to provide a comprehensive presentation of the global market for NGO Electrical Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NGO Electrical Steel.

The NGO Electrical Steel market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global NGO Electrical Steel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights


In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.


NGO Electrical Steel Segment by Company


Baowu

Shougang Group

TISCO

Nippon Steel

Ansteel

Posco

JFE Steel

Thyssen Krupp

Voestalpine

ArcelorMittal

NLMK

CSC

AK Steel

BX Steel

NGO Electrical Steel Segment by Type


Semi-processed

Fully Processed

NGO Electrical Steel Segment by Application


Motor

Home Appliances

Power Generator

Automotive

Others

NGO Electrical Steel Segment by Region


North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers


High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global NGO Electrical Steel market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of NGO Electrical Steel and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of NGO Electrical Steel.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of NGO Electrical Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of NGO Electrical Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global NGO Electrical Steel Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global NGO Electrical Steel Sales Estimates and Forecasts (2020-2031)
1.3 NGO Electrical Steel Market by Type
1.3.1 Semi-processed
1.3.2 Fully Processed
1.4 Global NGO Electrical Steel Market Size by Type
1.4.1 Global NGO Electrical Steel Market Size Overview by Type (2020-2031)
1.4.2 Global NGO Electrical Steel Historic Market Size Review by Type (2020-2025)
1.4.3 Global NGO Electrical Steel Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America NGO Electrical Steel Sales Breakdown by Type (2020-2025)
1.5.2 Europe NGO Electrical Steel Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific NGO Electrical Steel Sales Breakdown by Type (2020-2025)
1.5.4 South America NGO Electrical Steel Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa NGO Electrical Steel Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics

2.1 NGO Electrical Steel Industry Trends
2.2 NGO Electrical Steel Industry Drivers
2.3 NGO Electrical Steel Industry Opportunities and Challenges
2.4 NGO Electrical Steel Industry Restraints
3 Market Competitive Landscape by Company

3.1 Global Top Players by NGO Electrical Steel Revenue (2020-2025)
3.2 Global Top Players by NGO Electrical Steel Sales (2020-2025)
3.3 Global Top Players by NGO Electrical Steel Price (2020-2025)
3.4 Global NGO Electrical Steel Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global NGO Electrical Steel Major Company Production Sites & Headquarters
3.6 Global NGO Electrical Steel Company, Product Type & Application
3.7 Global NGO Electrical Steel Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global NGO Electrical Steel Market CR5 and HHI
3.8.2 Global Top 5 and 10 NGO Electrical Steel Players Market Share by Revenue in 2024
3.8.3 2023 NGO Electrical Steel Tier 1, Tier 2, and Tier 3
4 NGO Electrical Steel Regional Status and Outlook

4.1 Global NGO Electrical Steel Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global NGO Electrical Steel Historic Market Size by Region
4.2.1 Global NGO Electrical Steel Sales in Volume by Region (2020-2025)
4.2.2 Global NGO Electrical Steel Sales in Value by Region (2020-2025)
4.2.3 Global NGO Electrical Steel Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global NGO Electrical Steel Forecasted Market Size by Region
4.3.1 Global NGO Electrical Steel Sales in Volume by Region (2026-2031)
4.3.2 Global NGO Electrical Steel Sales in Value by Region (2026-2031)
4.3.3 Global NGO Electrical Steel Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 NGO Electrical Steel by Application

5.1 NGO Electrical Steel Market by Application
5.1.1 Motor
5.1.2 Home Appliances
5.1.3 Power Generator
5.1.4 Automotive
5.1.5 Others
5.2 Global NGO Electrical Steel Market Size by Application
5.2.1 Global NGO Electrical Steel Market Size Overview by Application (2020-2031)
5.2.2 Global NGO Electrical Steel Historic Market Size Review by Application (2020-2025)
5.2.3 Global NGO Electrical Steel Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America NGO Electrical Steel Sales Breakdown by Application (2020-2025)
5.3.2 Europe NGO Electrical Steel Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific NGO Electrical Steel Sales Breakdown by Application (2020-2025)
5.3.4 South America NGO Electrical Steel Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa NGO Electrical Steel Sales Breakdown by Application (2020-2025)
6 Company Profiles

6.1 Baowu
6.1.1 Baowu Comapny Information
6.1.2 Baowu Business Overview
6.1.3 Baowu NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Baowu NGO Electrical Steel Product Portfolio
6.1.5 Baowu Recent Developments
6.2 Shougang Group
6.2.1 Shougang Group Comapny Information
6.2.2 Shougang Group Business Overview
6.2.3 Shougang Group NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Shougang Group NGO Electrical Steel Product Portfolio
6.2.5 Shougang Group Recent Developments
6.3 TISCO
6.3.1 TISCO Comapny Information
6.3.2 TISCO Business Overview
6.3.3 TISCO NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.3.4 TISCO NGO Electrical Steel Product Portfolio
6.3.5 TISCO Recent Developments
6.4 Nippon Steel
6.4.1 Nippon Steel Comapny Information
6.4.2 Nippon Steel Business Overview
6.4.3 Nippon Steel NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Nippon Steel NGO Electrical Steel Product Portfolio
6.4.5 Nippon Steel Recent Developments
6.5 Ansteel
6.5.1 Ansteel Comapny Information
6.5.2 Ansteel Business Overview
6.5.3 Ansteel NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Ansteel NGO Electrical Steel Product Portfolio
6.5.5 Ansteel Recent Developments
6.6 Posco
6.6.1 Posco Comapny Information
6.6.2 Posco Business Overview
6.6.3 Posco NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Posco NGO Electrical Steel Product Portfolio
6.6.5 Posco Recent Developments
6.7 JFE Steel
6.7.1 JFE Steel Comapny Information
6.7.2 JFE Steel Business Overview
6.7.3 JFE Steel NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.7.4 JFE Steel NGO Electrical Steel Product Portfolio
6.7.5 JFE Steel Recent Developments
6.8 Thyssen Krupp
6.8.1 Thyssen Krupp Comapny Information
6.8.2 Thyssen Krupp Business Overview
6.8.3 Thyssen Krupp NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Thyssen Krupp NGO Electrical Steel Product Portfolio
6.8.5 Thyssen Krupp Recent Developments
6.9 Voestalpine
6.9.1 Voestalpine Comapny Information
6.9.2 Voestalpine Business Overview
6.9.3 Voestalpine NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Voestalpine NGO Electrical Steel Product Portfolio
6.9.5 Voestalpine Recent Developments
6.10 ArcelorMittal
6.10.1 ArcelorMittal Comapny Information
6.10.2 ArcelorMittal Business Overview
6.10.3 ArcelorMittal NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.10.4 ArcelorMittal NGO Electrical Steel Product Portfolio
6.10.5 ArcelorMittal Recent Developments
6.11 NLMK
6.11.1 NLMK Comapny Information
6.11.2 NLMK Business Overview
6.11.3 NLMK NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.11.4 NLMK NGO Electrical Steel Product Portfolio
6.11.5 NLMK Recent Developments
6.12 CSC
6.12.1 CSC Comapny Information
6.12.2 CSC Business Overview
6.12.3 CSC NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.12.4 CSC NGO Electrical Steel Product Portfolio
6.12.5 CSC Recent Developments
6.13 AK Steel
6.13.1 AK Steel Comapny Information
6.13.2 AK Steel Business Overview
6.13.3 AK Steel NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.13.4 AK Steel NGO Electrical Steel Product Portfolio
6.13.5 AK Steel Recent Developments
6.14 BX Steel
6.14.1 BX Steel Comapny Information
6.14.2 BX Steel Business Overview
6.14.3 BX Steel NGO Electrical Steel Sales, Revenue and Gross Margin (2020-2025)
6.14.4 BX Steel NGO Electrical Steel Product Portfolio
6.14.5 BX Steel Recent Developments
7 North America by Country

7.1 North America NGO Electrical Steel Sales by Country
7.1.1 North America NGO Electrical Steel Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America NGO Electrical Steel Sales by Country (2020-2025)
7.1.3 North America NGO Electrical Steel Sales Forecast by Country (2026-2031)
7.2 North America NGO Electrical Steel Market Size by Country
7.2.1 North America NGO Electrical Steel Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America NGO Electrical Steel Market Size by Country (2020-2025)
7.2.3 North America NGO Electrical Steel Market Size Forecast by Country (2026-2031)
8 Europe by Country

8.1 Europe NGO Electrical Steel Sales by Country
8.1.1 Europe NGO Electrical Steel Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe NGO Electrical Steel Sales by Country (2020-2025)
8.1.3 Europe NGO Electrical Steel Sales Forecast by Country (2026-2031)
8.2 Europe NGO Electrical Steel Market Size by Country
8.2.1 Europe NGO Electrical Steel Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe NGO Electrical Steel Market Size by Country (2020-2025)
8.2.3 Europe NGO Electrical Steel Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country

9.1 Asia-Pacific NGO Electrical Steel Sales by Country
9.1.1 Asia-Pacific NGO Electrical Steel Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific NGO Electrical Steel Sales by Country (2020-2025)
9.1.3 Asia-Pacific NGO Electrical Steel Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific NGO Electrical Steel Market Size by Country
9.2.1 Asia-Pacific NGO Electrical Steel Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific NGO Electrical Steel Market Size by Country (2020-2025)
9.2.3 Asia-Pacific NGO Electrical Steel Market Size Forecast by Country (2026-2031)
10 South America by Country

10.1 South America NGO Electrical Steel Sales by Country
10.1.1 South America NGO Electrical Steel Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America NGO Electrical Steel Sales by Country (2020-2025)
10.1.3 South America NGO Electrical Steel Sales Forecast by Country (2026-2031)
10.2 South America NGO Electrical Steel Market Size by Country
10.2.1 South America NGO Electrical Steel Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America NGO Electrical Steel Market Size by Country (2020-2025)
10.2.3 South America NGO Electrical Steel Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country

11.1 Middle East and Africa NGO Electrical Steel Sales by Country
11.1.1 Middle East and Africa NGO Electrical Steel Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa NGO Electrical Steel Sales by Country (2020-2025)
11.1.3 Middle East and Africa NGO Electrical Steel Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa NGO Electrical Steel Market Size by Country
11.2.1 Middle East and Africa NGO Electrical Steel Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa NGO Electrical Steel Market Size by Country (2020-2025)
11.2.3 Middle East and Africa NGO Electrical Steel Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis

12.1 NGO Electrical Steel Value Chain Analysis
12.1.1 NGO Electrical Steel Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 NGO Electrical Steel Production Mode & Process
12.2 NGO Electrical Steel Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 NGO Electrical Steel Distributors
12.2.3 NGO Electrical Steel Customers
13 Concluding Insights
14 Appendix

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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