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Electrical Steel Market Forecast to 2016-2020 including Market Size, Growth, Major Segments and Leading players

Press Release   •   Oct 14, 2016 05:07 EDT

This report on the global electrical steel market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global electrical steel market.

The report is categorically divided into three sections namely, by product type, by applications and region, to understand and offer insights on the global electrical steel market. The report provides analysis of the global electrical steel market in terms of market value (US$ Mn) and volume (Kilo Tonnes).

The report starts with an overview of the global electrical steel market. This section includes FMI’s analyses of key trends, drivers and restraints from the supply and demand perspectives. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear and decision-making insights.

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The section that follows analyses the market on the basis of product type and presents the forecast in terms of volume and value for the next 10 years. On the basis of product type, the global electrical steel market has been segmented into:

  • Grain-Oriented Electrical Steel
  • Non-Grain Oriented Electrical Steel
  • Fully processed
  • Semi-processed

Another section included in the report is on the basis of applications that analyses the market and presents the forecast in terms of volume and value for the next 10 years. On the basis of applications, the global electrical steel market has been segmented into:

  • Transformers
  • Transmission
  • Distribution
  • Portable
  • Motors
  • 1hp - 100hp
  • 101hp – 200hp
  • 201hp – 500hp
  • 501hp-1000hp
  • Above 1001hp
  • Inductors

The following section of the report includes analysis of the global electrical steel market on the basis of region. The global electrical steel market is segmented into seven key regions:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

To deduce market size, the report considered the average selling price of various types of electrical steel across geographies. Furthermore, data points such as regional split and market split by application and process and qualitative inputs from primary respondents have been incorporated to arrive at suitable market estimates. The forecast presented in the report evaluates the total revenue that is expected to be generated across the electrical steel market over forecast period (2016–2026). When developing the market forecast, the starting point involved sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the characteristics of the market, FMI triangulated the data on the basis of various analysis based on both supply side and demand side. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them at the end of the forecast period.