North America Electrical Steel Market - Industry Trends and Forecast to 2027

Report ID: | Publihed: 08-Jan-2020 | No of Pages: 90


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North America electrical steel market is projected to register a CAGR of 6.9% in the forecast period 2020 to 2027. The new market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.

Market Segmentation:
North America Electrical Steel Market, By Type (Grain Oriented Steel (CGRO) and Non-Oriented Electrical Steel (CRNGO)), Thickness (0.23 MM, 0.27 MM, 0.30 MM, 0.35 MM, 0.5 MM, 0.65 MM and Others), Core Losses (Less Than 0.9 W/Kg, 90 W/Kg to 0.99 W/Kg, 1.00 W/Kg to 1.29 W/Kg, 1.30 W/Kg to 1.39 W/Kg and Above 1.39 W/Kg), Flux Density (Less Than 1.65 Tesla, 1.65 Tesla to 1.69 Tesla, 1.69 Tesla to 1.73 Tesla, 1.73 Tesla to 1.76 Tesla and Above 1.76 Tesla), Application (Transformers, Inductors, Battery, Shunt Reactors, Convertors, Motors, Electrical Ballasts, Power Generators, Wound Cores and Others), End-User (Energy and Power, Household Appliances, Automobiles, Building and Construction and Others), Country (U.S., Canada, Mexico), Industry Trends and Forecast to 2027

Some of the major factors contributing to the growth of the North America electrical steel market:

• Growing demand by power generation industries.
• Increasing demand of steel sheet in motors of hybrid/electrical vehicles.

Market Players:

The key market players for North America electrical steel market are listed below:

• ArcelorMittal
• voestalpine AG
• Tata Steel
• Union Electric Steel Corporation
• United States Steel
• thyssenkrupp AG
• Aperam
• Sko-Die Inc.
• Baosteel Group Hu

Report Subsumes the following

Competitors Analysis Go To Market Strategies
Regional Coverage with precise Market Numbers Global Impact post Covid-19
Market Penetration Strategies Granular breakdown By Type and By Application.