NGO Electrical Steel Industry Research Report 2025

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 valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

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 2025 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 2025 through 2031.

The major global manufacturers of NGO Electrical Steel include , 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 report will help the NGO Electrical Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of NGO Electrical Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of NGO Electrical Steel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of NGO Electrical Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 NGO Electrical Steel by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Semi-processed
2.2.3 Fully Processed
2.3 NGO Electrical Steel by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Motor
2.3.3 Home Appliances
2.3.4 Power Generator
2.3.5 Automotive
2.3.6 Others
2.4 Global Market Growth Prospects
2.4.1 Global NGO Electrical Steel Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global NGO Electrical Steel Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global NGO Electrical Steel Production Estimates and Forecasts (2020-2031)
2.4.4 Global NGO Electrical Steel Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global NGO Electrical Steel Production by Manufacturers (2020-2025)
3.2 Global NGO Electrical Steel Production Value by Manufacturers (2020-2025)
3.3 Global NGO Electrical Steel Average Price by Manufacturers (2020-2025)
3.4 Global NGO Electrical Steel Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global NGO Electrical Steel Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global NGO Electrical Steel Manufacturers, Product Type & Application
3.7 Global NGO Electrical Steel Manufacturers Established Date
3.8 Global NGO Electrical Steel Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Baowu
4.1.1 Baowu NGO Electrical Steel Company Information
4.1.2 Baowu NGO Electrical Steel Business Overview
4.1.3 Baowu NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.1.4 Baowu Product Portfolio
4.1.5 Baowu Recent Developments
4.2 Shougang Group
4.2.1 Shougang Group NGO Electrical Steel Company Information
4.2.2 Shougang Group NGO Electrical Steel Business Overview
4.2.3 Shougang Group NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.2.4 Shougang Group Product Portfolio
4.2.5 Shougang Group Recent Developments
4.3 TISCO
4.3.1 TISCO NGO Electrical Steel Company Information
4.3.2 TISCO NGO Electrical Steel Business Overview
4.3.3 TISCO NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.3.4 TISCO Product Portfolio
4.3.5 TISCO Recent Developments
4.4 Nippon Steel
4.4.1 Nippon Steel NGO Electrical Steel Company Information
4.4.2 Nippon Steel NGO Electrical Steel Business Overview
4.4.3 Nippon Steel NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.4.4 Nippon Steel Product Portfolio
4.4.5 Nippon Steel Recent Developments
4.5 Ansteel
4.5.1 Ansteel NGO Electrical Steel Company Information
4.5.2 Ansteel NGO Electrical Steel Business Overview
4.5.3 Ansteel NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.5.4 Ansteel Product Portfolio
4.5.5 Ansteel Recent Developments
4.6 Posco
4.6.1 Posco NGO Electrical Steel Company Information
4.6.2 Posco NGO Electrical Steel Business Overview
4.6.3 Posco NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.6.4 Posco Product Portfolio
4.6.5 Posco Recent Developments
4.7 JFE Steel
4.7.1 JFE Steel NGO Electrical Steel Company Information
4.7.2 JFE Steel NGO Electrical Steel Business Overview
4.7.3 JFE Steel NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.7.4 JFE Steel Product Portfolio
4.7.5 JFE Steel Recent Developments
4.8 Thyssen Krupp
4.8.1 Thyssen Krupp NGO Electrical Steel Company Information
4.8.2 Thyssen Krupp NGO Electrical Steel Business Overview
4.8.3 Thyssen Krupp NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.8.4 Thyssen Krupp Product Portfolio
4.8.5 Thyssen Krupp Recent Developments
4.9 Voestalpine
4.9.1 Voestalpine NGO Electrical Steel Company Information
4.9.2 Voestalpine NGO Electrical Steel Business Overview
4.9.3 Voestalpine NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.9.4 Voestalpine Product Portfolio
4.9.5 Voestalpine Recent Developments
4.10 ArcelorMittal
4.10.1 ArcelorMittal NGO Electrical Steel Company Information
4.10.2 ArcelorMittal NGO Electrical Steel Business Overview
4.10.3 ArcelorMittal NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.10.4 ArcelorMittal Product Portfolio
4.10.5 ArcelorMittal Recent Developments
4.11 NLMK
4.11.1 NLMK NGO Electrical Steel Company Information
4.11.2 NLMK NGO Electrical Steel Business Overview
4.11.3 NLMK NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.11.4 NLMK Product Portfolio
4.11.5 NLMK Recent Developments
4.12 CSC
4.12.1 CSC NGO Electrical Steel Company Information
4.12.2 CSC NGO Electrical Steel Business Overview
4.12.3 CSC NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.12.4 CSC Product Portfolio
4.12.5 CSC Recent Developments
4.13 AK Steel
4.13.1 AK Steel NGO Electrical Steel Company Information
4.13.2 AK Steel NGO Electrical Steel Business Overview
4.13.3 AK Steel NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.13.4 AK Steel Product Portfolio
4.13.5 AK Steel Recent Developments
4.14 BX Steel
4.14.1 BX Steel NGO Electrical Steel Company Information
4.14.2 BX Steel NGO Electrical Steel Business Overview
4.14.3 BX Steel NGO Electrical Steel Production Capacity, Value and Gross Margin (2020-2025)
4.14.4 BX Steel Product Portfolio
4.14.5 BX Steel Recent Developments
5 Global NGO Electrical Steel Production by Region
5.1 Global NGO Electrical Steel Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global NGO Electrical Steel Production by Region: 2020-2031
5.2.1 Global NGO Electrical Steel Production by Region: 2020-2025
5.2.2 Global NGO Electrical Steel Production Forecast by Region (2026-2031)
5.3 Global NGO Electrical Steel Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global NGO Electrical Steel Production Value by Region: 2020-2031
5.4.1 Global NGO Electrical Steel Production Value by Region: 2020-2025
5.4.2 Global NGO Electrical Steel Production Value Forecast by Region (2026-2031)
5.5 Global NGO Electrical Steel Market Price Analysis by Region (2020-2025)
5.6 Global NGO Electrical Steel Production and Value, YOY Growth
5.6.1 North America NGO Electrical Steel Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe NGO Electrical Steel Production Value Estimates and Forecasts (2020-2031)
5.6.3 China NGO Electrical Steel Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan NGO Electrical Steel Production Value Estimates and Forecasts (2020-2031)
6 Global NGO Electrical Steel Consumption by Region
6.1 Global NGO Electrical Steel Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global NGO Electrical Steel Consumption by Region (2020-2031)
6.2.1 Global NGO Electrical Steel Consumption by Region: 2020-2025
6.2.2 Global NGO Electrical Steel Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America NGO Electrical Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America NGO Electrical Steel Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe NGO Electrical Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe NGO Electrical Steel Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific NGO Electrical Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific NGO Electrical Steel Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa NGO Electrical Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa NGO Electrical Steel Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global NGO Electrical Steel Production by Type (2020-2031)
7.1.1 Global NGO Electrical Steel Production by Type (2020-2031) & (K MT)
7.1.2 Global NGO Electrical Steel Production Market Share by Type (2020-2031)
7.2 Global NGO Electrical Steel Production Value by Type (2020-2031)
7.2.1 Global NGO Electrical Steel Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global NGO Electrical Steel Production Value Market Share by Type (2020-2031)
7.3 Global NGO Electrical Steel Price by Type (2020-2031)
8 Segment by Application
8.1 Global NGO Electrical Steel Production by Application (2020-2031)
8.1.1 Global NGO Electrical Steel Production by Application (2020-2031) & (K MT)
8.1.2 Global NGO Electrical Steel Production Market Share by Application (2020-2031)
8.2 Global NGO Electrical Steel Production Value by Application (2020-2031)
8.2.1 Global NGO Electrical Steel Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global NGO Electrical Steel Production Value Market Share by Application (2020-2031)
8.3 Global NGO Electrical Steel Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 NGO Electrical Steel Value Chain Analysis
9.1.1 NGO Electrical Steel Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 NGO Electrical Steel Production Mode & Process
9.2 NGO Electrical Steel Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 NGO Electrical Steel Distributors
9.2.3 NGO Electrical Steel Customers
10 Global NGO Electrical Steel Analyzing Market Dynamics
10.1 NGO Electrical Steel Industry Trends
10.2 NGO Electrical Steel Industry Drivers
10.3 NGO Electrical Steel Industry Opportunities and Challenges
10.4 NGO Electrical Steel Industry Restraints
11 Report Conclusion
12 Disclaimer

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