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Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. In this report we researched grain oriented electrical steel.

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Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. In this report we researched grain oriented electrical steel.

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Electrical steels are distinguished by their excellent electro-magnetic properties. There are two major types of electrical steels: grain-oriented (GO) and non-oriented (NO).

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Electrical steels are distinguished by their excellent electro-magnetic properties. There are two major types of electrical steels: grain-oriented (GO) and non-oriented (NO).

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The global Grain Oriented Electrical Steel Sheet market size is expected to reach $ 10730 million by 2030, rising at a market growth of 3.1% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Grain Oriented Electrical Steel Sheet market size was valued at USD 8689.5 million in 2023 and is forecast to a readjusted size of USD 10730 million by 2030 with a CAGR of 3.1% during review period.

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The global Non-Grain Oriented Electrical Steel Sheet market size is expected to reach $ 22870 million by 2030, rising at a market growth of 2.4% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Non-Grain Oriented Electrical Steel Sheet market size was valued at USD 19390 million in 2023 and is forecast to a readjusted size of USD 22870 million by 2030 with a CAGR of 2.4% during review period.

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According to our (Global Info Research) latest study, the global Conventional Grain Oriented Electrical Steel market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

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The global Grain Oriented Electrical Steel for Transformer market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).

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