Electrical steel, also known as silicon steel, lamination steel, or oriented silicon steel, is a type of steel with superior magnetic properties that makes it ideal for applications requiring efficient electromagnetic devices. It is most commonly used in transformer cores, electric motors, and inductors in power generation, transmission and industrial motors. From renewable energy equipment...
Key players operating in the electrical steel market include Yara International ASA, The Mosaic Company, Nutrien Ltd., BASF SE, Agrium Inc. (acquired by Nutrien). Electrical steel finds widespread application in power generation, transmission and distribution systems. Rising investments in grid infrastructure expansion, especially in developing nations has augmented the demand for transformers...
The Electrical Steel Market size was valued at USD 40.0 billion in 2023 and is expected to reach USD 77.3 billion by 2031 with a growing CAGR of 8.6% over the forecast period of 2024–2031.
Electrical steel, also known as silicon steel or transformer steel, is an alloy primarily made up of iron and silicon. Its unique properties, including high permeability, low core...
Market Overview: Electrical steel, also known as silicon steel, is widely used in power generation, transmission and distribution equipment like transformers and motors. It provides low resistance path for magnetic flux while possessing high permeability leading to reduced power losses in electrical equipment. It comes in various forms like oriented, non-oriented and cold-rolled electrical...
The U.S. Copper Clad Steel Wire Market is estimated to be valued at US$2,613.22 Mn in 2023 and is expected to exhibit a CAGR of 2.48% over the forecast period of 2021 to 2028, as highlighted in a new report published by Coherent Market Insights.Market Overview:Copper clad steel wire is widely used in various industries, including electrical and electronics, automotive, telecommunications, and...
latest recently released a research report titled global Global Electrical Steel market insight, forecast to 2030, which assesses various factors influencing its trajectory. The report presents a high-quality, accurate, and comprehensive research study to provide players with valuable insights for making strategic business decisions. The research analysts have conducted an in-depth...
English
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian