Global Non-oriented Electrical Steel Sheet Market Growth 2024-2030

Global Non-oriented Electrical Steel Sheet Market Growth 2024-2030

Non-oriented electrical steel sheet (NOES) is a type of silicon steel alloy designed primarily for use in electromagnetic applications where the magnetic properties are required to be isotropic, meaning they are consistent in all directions. This steel is essential in the production of electrical motors, generators, transformers, and other electromagnetic devices.

The global Non-oriented Electrical Steel Sheet market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Non-oriented Electrical Steel Sheet Industry Forecast” looks at past sales and reviews total world Non-oriented Electrical Steel Sheet sales in 2023, providing a comprehensive analysis by region and market sector of projected Non-oriented Electrical Steel Sheet sales for 2024 through 2030. With Non-oriented Electrical Steel Sheet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-oriented Electrical Steel Sheet industry.

This Insight Report provides a comprehensive analysis of the global Non-oriented Electrical Steel Sheet 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-oriented Electrical Steel Sheet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-oriented Electrical Steel Sheet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-oriented Electrical Steel Sheet 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-oriented Electrical Steel Sheet.

United States market for Non-oriented Electrical Steel Sheet is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Non-oriented Electrical Steel Sheet is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Non-oriented Electrical Steel Sheet is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Non-oriented Electrical Steel Sheet players cover Baowu, Nippon Steel, Shougang Group, Ansteel, TISCO, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

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

Segmentation by Type:
Medium and Low Grade
High Grade

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 analysing the company's coverage, product portfolio, its market penetration.
Baowu
Nippon Steel
Shougang Group
Ansteel
TISCO
JFE Steel
Xin Steel
ThyssenKrupp
CSC
Voestalpine
Posco
AK Steel (Cleveland-Cliffs)
NLMK
ArcelorMittal

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-oriented Electrical Steel Sheet market?

What factors are driving Non-oriented Electrical Steel Sheet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Non-oriented Electrical Steel Sheet market opportunities vary by end market size?

How does Non-oriented Electrical Steel Sheet break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.