Non Grain-oriented Electrical Steel for Electric Vehicle - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Non Grain-oriented Electrical Steel for Electric Vehicle - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

The global market for Non Grain-oriented Electrical Steel for Electric Vehicle was valued at US$ 2,974.26 million in 2024 and is forecast to a readjusted size of US$ 5,969.24 million by 2031 with a CAGR of 10.84% during the forecast period 2025-2031.

North America market for Non Grain-oriented Electrical Steel for Electric Vehicle was valued at $ 196.06 million in 2024 and will reach $ 479.66 million by 2031, at a CAGR of 13.28% during the forecast period of 2025 through 2031.

Asia-Pacific market for Non Grain-oriented Electrical Steel for Electric Vehicle was valued at $ 1,964.80 million in 2024 and will reach $ 3,849.58 million by 2031, at a CAGR of 10.48% during the forecast period of 2025 through 2031.

Europe market for Non Grain-oriented Electrical Steel for Electric Vehicle was valued at $ 616.36 million in 2024 and will reach $ 1,038.14 million by 2031, at a CAGR of 7.88% during the forecast period of 2025 through 2031.

The global key companies of Non Grain-oriented Electrical Steel for Electric Vehicle include Baowu, Shougang Group, TISCO, Nippon Steel, ThyssenKrupp, etc. In 2024, the global five largest players hold a share approximately 65.59% in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for Non Grain-oriented Electrical Steel for Electric Vehicle, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Non Grain-oriented Electrical Steel for Electric Vehicle by region & country, by Type, and by Application.

The Non Grain-oriented Electrical Steel for Electric Vehicle market size, estimations, and forecasts are provided in terms of sales volume (K Ton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Non Grain-oriented Electrical Steel for Electric Vehicle.

Market Segmentation

By Company

Baowu

Shougang Group

TISCO

Nippon Steel

ThyssenKrupp

Posco

Voestalpine

JFE Steel

CSC

AK Steel (Cleveland-Cliffs)

ArcelorMittal

Segment by Type

Thickness < 0.3 mm

Thickness > 0.3 mm

Segment by Application

BEV

PHEV

HEV

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Europe

Germany

France

Italy

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Non Grain-oriented Electrical Steel for Electric Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: 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 4: 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 5: Sales, revenue of Non Grain-oriented Electrical Steel for Electric Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Non Grain-oriented Electrical Steel for Electric Vehicle in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.