Introducing Latest Industry Electrical Steel Market2019 – 2025 - PowerPoint PPT Presentation

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Introducing Latest Industry Electrical Steel Market2019 – 2025

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Growing investment in infrastructure development and increasing urbanization is likely to stimulate electrical steel market growth. – PowerPoint PPT presentation

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Title: Introducing Latest Industry Electrical Steel Market2019 – 2025


1
Electrical Steel Market Growth, Application
Analysis from 2019 to 2025
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Electrical Steel
Market
  • According to a new research report by Global
    Market Insights, Inc.Electrical Steel Market size
    is set to surpass USD 22.5 billion by 2025.
  • Growing demand for hybrid vehicles, rapid
    industrialization and increasing building
    construction sector should stimulate electrical
    steel market growth. These products offer
    effective magnetic properties which increase the
    fuel efficiency and electric machines
    performance.
  • Rising demand for energy, exponential rise in
    power distribution network and increasing
    preference for high horsepower and speed to
    ensure efficient performance in racecars is
    further expected to boost electrical steel market
    demand.
  • U.S. non-grain oriented electrical steel market
    demand should record gains of about 5.5 by 2025.
    It finds usage in electric hybrid vehicles for
    efficient magnetism and optimum electricity
    conversion.
  • It imparts high efficiency, control harmful gases
    emission, thus hep in significant contribution to
    environment protection and are thereby used in
    industrial, aerospace and medical applications.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-
  • Grain-oriented electrical steel market demand
    from distribution transformers was valued at over
    USD 1.4 billion in 2018. These products offer
    reliability, durability and efficiency required
    in commercial and industrial applications.
  • These transformers can be used indoor as well as
    outdoor owing to their portable size. Rising
    government regulations pertaining to emissions
    and investments by manufacturers in RD
    activities is likely to boost market growth.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
U.S. Grain Oriented Electrical Steel Market Size,
By, 2018 2025, (Million tons)
Request Sample Copy of This Research Report_at_
https//bit.ly/2DU31Mo
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis
  • Grain-oriented electrical steel market size from
    small transformers may witness favorable growth
    during the forecast timeframe. These products
    convert energy into power voltages which is then
    utilized in various industries and power
    generation systems. Rising demand of electricity
    in rural and urban areas as they are economically
    feasible for various networks and are suitable
    for remote and rural areas, further accelerate
    industry demand.

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www.gminsights.com
6
  • Regional Analysis
  • UK non-grain oriented electrical steel market
    size from automotive applications was valued at
    USD 45 million in 2018. High anti corrosion
    properties and stringent government regulations
    to reduce VOC emissions will enhance the existing
    automotive infrastructure which in turn will
    boost domestic steel market growth. Technological
    advancements, increasing demand for e-vehicles
    and government support are key factors that will
    optimize the overall industry growth.
  • Competitive Analysis
  • Cogent Power Ltd, Aperam, Voestalpine, Tempel,
    Thyssenkrupp and KOBE are the key industrial
    participants catering to the industry.
    Manufacturers are engaged in strategic mergers
    acquisitions to enhance their regional presence
    and improve product portfolio. Companies are
    expanding their collaboration network to develop
    innovative products which should accelerate the
    market growth.

Make An Inquiry To Purchase This Report _at_
https//bit.ly/2XwFfPo
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Electrical Steel
Market_at_ https//bit.ly/2NFUaT1 Request for
sample of this research report_at_
https//bit.ly/2DU31Mo
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
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