EUROPE ELECTRIC STEEL MARKET FORECAST 2019-2028

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EUROPE ELECTRIC STEEL MARKET FORECAST 2019-2028

The Europe electric steel market is predicted to record a CAGR of 7.24% over the forecast period of 2019-2028. The grid expansion activities to meet electricity demand are propelling market growth in the region. The Europe electric steel market is further researched by segregating the region into countries such as Germany, Poland, Russia, France, Belgium, the UK, Italy, and the rest of Europe.

EUROPE ELECTRIC STEEL MARKET FORECAST 2019-2028

Europe Electrical Steel Market by Type (Grain-oriented Steel (Fully Processed Grain-oriented Steel, Semi Processed Grain-oriented Steel), Non-grain-oriented Steel) by Application (Transformers, Motors, Inductors, Other Applications) by End User (Energy, Automobiles, Manufacturing, Household Appliances, Other End Users) & Geography.

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The Europe electric steel market is predicted to record a CAGR of 7.24% over the forecast period of 2019-2028. The grid expansion activities to meet electricity demand are propelling market growth in the region.
Europe Electric Steel Market

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The Europe electric steel market is further researched by segregating the region into countries such as Germany, Poland, Russia, France, Belgium, the UK, Italy, and the rest of Europe. The UK is facing the critical challenge of maintaining a reliable source of electricity as one-fourth of the old power stations are going to be closed in the next decade. The electric vehicle registrations are on the rise, but the country’s power grid isn’t ready to meet the demand. The surge in electric vehicle adoption with enterprising efforts by the government in the form of grants and other incentives will create lucrative opportunities for the market. The Germany market is primarily driven by rising energy consumption in both urban and semi-urban provinces, along with investments made by the federal government considering the innovation and enhancement of smart cities in the country.

The French market is steered by soaring urban population coupled with increasing consumer electronics demand in urban and semi-urban provinces of the country. The escalating need propels the need for the development of electric grid infrastructure to conduct the efficient flow of electricity and paving the way for the electric steel market. Italy is among the worst affected country by COVID-19. The country has led the deployment of renewables and has committed to phasing out coal in their National Energy and Climate Plans (2021-2030). The most remarkable development in Italy’s renewable energy is the publication of NES.

ThyssenKrupp AG, headquartered in Essen, is a Germany based company delivering high quality steel products in a wide range of industries. The company operates in four segments, elevator technology segment, material services segment, industrial solutions segment, and component technology segment.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: STEEL MARKET
    • DEVELOPMENT OF ELECTRIC STEEL
    • MARKET DEFINITION
    •    KEY DRIVERS
      • RAPIDLY INCREASING URBAN POPULATION ACROSS THE WORLD
      • SURGE IN ELECTRICITY DEMAND
      • SUPPORTIVE REGULATION & STANDARDS
    •    KEY RESTRAINTS
      • COVID-19 IMPACT ON STEEL MARKET
      • FLUCTUATION IN RAW MATERIAL PRICES
      • SUPPLY CHAIN PROBLEMS
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    •    VALUE CHAIN ANALYSIS
      • RAW MATERIAL SUPPLIERS
      • MANUFACTURERS
      • DISTRIBUTORS
      • END USERS
    •    KEY BUYING CRITERIA
      • COST
      • APPLICATION
      • SPECIFICATIONS
    • REGULATORY FRAMEWORK
  2. MARKET BY TYPE
    •    GRAIN ORIENTED STEEL
      • FULLY PROCESSED GRAIN-ORIENTED STEEL
      • SEMI PROCESSED GRAIN-ORIENTED STEEL
    • NON-GRAIN ORIENTED STEEL
  3. MARKET BY APPLICATION
    •    TRANSFORMERS
      • CURRENT TRANSFORMERS
      • POWER TRANSFORMERS
      • DISTRIBUTION TRANSFORMERS
    • MOTORS
    • INDUCTORS
    • OTHERS
  4. MARKET BY END-USER
    • ENERGY
    • AUTOMOBILE
    • MANUFACTURING
    • HOUSEHOLD APPLIANCES
    • OTHERS
  5. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. COMPANY PROFILES
    • ARCELORMITTAL
    • ARNOLD MAGNETIC TECHNOLOGIES CORP
    • BAOSTEEL GROUP
    • CHINA STEEL CORPORATION
    • AK STEEL
    • NIPPON STEEL
    • ORCHID INTERNATIONAL
    • POSCO
    • SKO-DIE INC
    • STEEL AUTHORITY OF INDIA LIMITED (SAIL)
    • THYSSENKRUPP AG
    • BIG RIVER STEEL
    • VOESTALPINE AG
    • TATA STEEL LTD
    • JFE STEEL CORPORATION

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ELECTRIC STEEL

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: EUROPE ELECTRIC STEEL MARKET, BY TYPE, HISTORICAL YEARS, 2016-2018 (IN $ MILLION)

TABLE 4: EUROPE ELECTRIC STEEL MARKET, BY TYPE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 5: EUROPE ELECTRIC STEEL MARKET, BY GRAIN ORIENTED STEEL, HISTORICAL YEARS, 2016-2018 (IN $ MILLION)

TABLE 6: EUROPE ELECTRIC STEEL MARKET, BY GRAIN ORIENTED STEEL, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 7: EUROPE ELECTRIC STEEL MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2018 (IN $ MILLION)

TABLE 8: EUROPE ELECTRIC STEEL MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 9: EUROPE ELECTRIC STEEL MARKET, BY TRANSFORMERS, HISTORICAL YEARS, 2016-2018 (IN $ MILLION)

TABLE 10: EUROPE ELECTRIC STEEL MARKET, BY TRANSFORMERS, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 11: EUROPE ELECTRIC STEEL MARKET, BY END-USER, HISTORICAL YEARS, 2016-2018 (IN $ MILLION)

TABLE 12: EUROPE ELECTRIC STEEL MARKET, BY END-USER, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 13: EUROPE ELECTRIC STEEL MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2018 (IN $ MILLION)

TABLE 14: EUROPE ELECTRIC STEEL MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: TIMELINE OF ELECTRICAL STEEL

FIGURE 2: PERCENTAGE GROWTH IN THE URBAN POPULATION ACROSS THE WORLD, 2008-2018 (% OF TOTAL POPULATION)

FIGURE 3: KEY INVESTMENT INSIGHTS

FIGURE 4: PORTER’S FIVE FORCE ANALYSIS

FIGURE 5: OPPORTUNITY MATRIX

FIGURE 6: VENDOR LANDSCAPE

FIGURE 7: VALUE CHAIN ANALYSIS

FIGURE 8: MANUFACTURING PROCESS OF ELECTRICAL STEEL

FIGURE 9: KEY BUYING CRITERIA

FIGURE 10: EUROPE ELECTRIC STEEL MARKET, GROWTH POTENTIAL, BY TYPE, IN 2018

FIGURE 11: EUROPE ELECTRIC STEEL MARKET, BY GRAIN ORIENTED STEEL, 2019-2028 (IN $ MILLION)

FIGURE 12: EUROPE ELECTRIC STEEL MARKET, GROWTH POTENTIAL, BY GRAIN ORIENTED STEEL, IN 2018

FIGURE 13: EUROPE ELECTRIC STEEL MARKET, BY FULLY PROCESSED GRAIN-ORIENTED STEEL, 2019-2028 (IN $ MILLION)

FIGURE 14: EUROPE ELECTRIC STEEL MARKET, BY SEMI PROCESSED GRAIN-ORIENTED STEEL, 2019-2028 (IN $ MILLION)

FIGURE 15: EUROPE ELECTRIC STEEL MARKET, BY NON-GRAIN ORIENTED STEEL, 2019-2028 (IN $ MILLION)

FIGURE 16: EUROPE ELECTRIC STEEL MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2018

FIGURE 17: EUROPE ELECTRIC STEEL MARKET, BY TRANSFORMERS, 2019-2028 (IN $ MILLION)

FIGURE 18: EUROPE ELECTRIC STEEL MARKET, GROWTH POTENTIAL, BY TRANSFORMERS, IN 2018

FIGURE 19: EUROPE ELECTRIC STEEL MARKET, BY CURRENT TRANSFORMERS, 2019-2028 (IN $ MILLION)

FIGURE 20: EUROPE ELECTRIC STEEL MARKET, BY POWER TRANSFORMERS, 2019-2028 (IN $ MILLION)

FIGURE 21: EUROPE ELECTRIC STEEL MARKET, BY DISTRIBUTION TRANSFORMERS, 2019-2028 (IN $ MILLION)

FIGURE 22: EUROPE ELECTRIC STEEL MARKET, BY MOTORS, 2019-2028 (IN $ MILLION)

FIGURE 23: EUROPE ELECTRIC STEEL MARKET, BY INDUCTORS, 2019-2028 (IN $ MILLION)

FIGURE 24: EUROPE ELECTRIC STEEL MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 25: EUROPE ELECTRIC STEEL MARKET, GROWTH POTENTIAL, BY END-USER, IN 2018

FIGURE 26: EUROPE ELECTRIC STEEL MARKET, BY ENERGY, 2019-2028 (IN $ MILLION)

FIGURE 27: EUROPE ELECTRIC STEEL MARKET, BY AUTOMOBILE, 2019-2028 (IN $ MILLION)

FIGURE 28: EUROPE ELECTRIC STEEL MARKET, BY MANUFACTURING, 2019-2028 (IN $ MILLION)

FIGURE 29: EUROPE ELECTRIC STEEL MARKET, BY HOUSEHOLD APPLIANCES, 2019-2028 (IN $ MILLION)

FIGURE 30: EUROPE ELECTRIC STEEL MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 31: EUROPE ELECTRIC STEEL MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 32: UNITED KINGDOM ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 33: GERMANY ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 34: FRANCE ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 35: ITALY ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 36: RUSSIA ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 37: BELGIUM ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 38: POLAND ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

FIGURE 39: REST OF EUROPE ELECTRIC STEEL MARKET, 2019-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. MARKET BY TYPE
    •    GRAIN ORIENTED STEEL
      • FULLY PROCESSED GRAIN-ORIENTED STEEL
      • SEMI PROCESSED GRAIN-ORIENTED STEEL
    • NON-GRAIN ORIENTED STEEL
  2. MARKET BY APPLICATION
    •    TRANSFORMERS
      • CURRENT TRANSFORMERS
      • POWER TRANSFORMERS
      • DISTRIBUTION TRANSFORMERS
    • MOTORS
    • INDUCTORS
    • OTHERS
  3. MARKET BY END-USER
    • ENERGY
    • AUTOMOBILE
    • MANUFACTURING
    • HOUSEHOLD APPLIANCES
    • OTHERS

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