Global Non-Grain Oriented Electrical Steel Market Size, Status and Forecast 2021-2027
The Global Non-Grain Oriented Electrical Steel Market Research Report 2021-2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.
The Non-Grain Oriented Electrical Steel market is anticipated to grow with a CAGR of 5.12%, during the forecast period.
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Key Market Players:
Baowu, Shougang Group, TISCO, Nippon Steel, Ansteel, Posco, JFE Steel, Thyssen Krupp, Voestalpine, ArcelorMittal, NLMK, CSC, AK Steel, TATA Steel, BX Steel, and Other
The leading players of Non-Grain Oriented Electrical Steel industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Non-Grain Oriented Electrical Steel players will help the industry aspirants in planning their strategies. The statistics offered in this report will be precise and useful guide to shape the business growth.
Industry News and Updates:
May 7, 2021: JFE Steel Corporation today announced that it has signed a Memorandum of Understanding to conduct a Feasibility Study with JSW Steel Limited ( JSW ) , a Strategic Alliance Partner, to establish a Grain Oriented Electrical Steel Sheet Manufacturing & Sales Joint-Venture Company in India. The plan is to complete the study within the current 2021 fiscal year and take appropriate steps to set up the Company subject to requisite approvals.
Market Segmentation by Types:
Market Segmentation by Applications:
Increasing demand from the Hybrid Electric Vehicle for high-frequency transformers, traction motors, and high-speed electric motors with a growing preference for Non Grain-Oriented Electrical Steel is expected to augment market growth. Low core loss and high magnetic permeability factors are also expected to have a positive impact on growth. In addition, increasing environmental regulations and changing trends in the automotive industry are expected to fuel the demand for NGO Electric Steel.
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The market factors explained in the report:
Market Overview: It includes Non-Grain Oriented Electrical Steel Market study scope, top key players, segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
Executive Summary: The Non-Grain Oriented Electrical Steel Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Regional Study: All of the regions and countries analyzed in the Non-Grain Oriented Electrical Steel Market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.
Key Players: This part of the Non-Grain Oriented Electrical Steel Market report discusses expansion plans of companies, key mergers and acquisitions, funding and investment analysis, company establishment dates, revenues of manufacturers, and their areas served and manufacturing bases.
Market Forecast: Here, the report offers a complete forecast of the global Non-Grain Oriented Electrical Steel Market by product, application, and region. It also offers global sales and revenue forecasts for all years of the forecast period.
The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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