NORTH AMERICA ELECTRICAL STEEL MARKET FORECAST 2019-2027

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NORTH AMERICA ELECTRICAL STEEL MARKET FORECAST 2019-2027

The expected CAGR for the North American electrical steel market is 5.18% for the forecast period of 2019-2027. The United States (USA) and Canada are lucrative investment destinations for the electric steel market in North America. Demand for electric vehicles in North America is rising exponentially. Companies like Tesla are leading the revolution for electric vehicles in the USA.

NORTH AMERICA ELECTRICAL STEEL MARKET FORECAST 2019-2027

North America 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 expected CAGR for the North American electrical steel market is 5.18% for the forecast period of 2019-2027. The United States (USA) and Canada are lucrative investment destinations for the electric steel market in North America.

Demand for electric vehicles in North America is rising exponentially. Companies like Tesla are leading the revolution for electric vehicles in the USA. Increasing sales of electric vehicles along with the shift amongst electric vehicle manufacturers to steel components is expected to drive the market growth. In terms of revenue, USA dominates the North America electric steel market. The USA is also the fastest growing market for electric steel in the North American region. By 2027, the total revenue of the USA electric steel market is anticipated to reach $xx million.

Leading market players involved in the North American electrical steel market are United States Steel Corporation, Nippon Steel & Sumitomo Metal Corporation ArcelorMittal Sa, Arnold Magnetic Technologies Corp., Jiangsu Shagang International Trade Co. Ltd, Baosteel Group, Sko-Die Inc., ThyssenKrupp Ag,  Union States Steel Corporation, Voestalpine Ag, Orchid International and Posco.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • SURGE IN ELECTRICITY DEMAND
      • TRANSFORMERS LEAD THE MARKET BY APPLICATION SEGMENT
      • NON-GRAIN-ORIENTED STEEL TYPE IS EXPECTED TO GROW AT THE HIGHEST CAGR
      • MOTORS IS ANTICIPATED TO BE THE KEY APPLICATION
  1. MARKET DYNAMICS
    • ETYMOLOGY OF ELECTRICAL STEEL
    • PARENT MARKET ANALYSIS: STEEL MARKET
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • RAPIDLY INCREASING URBAN POPULATION ACROSS THE WORLD
      • GROWING DEMAND OF ELECTRICAL STEEL IN TRANSFORMER & MOTORS
      • POSITIVE OUTLOOK OF ELECTRIC VEHICLES
      • AUGMENTED DEMAND FOR ELECTRICAL STEEL FROM POWER SECTOR
    • MARKET RESTRAINTS
      • VOLATILITY AND FLUCTUATIONS IN PRICES OF RAW MATERIALS
    • MARKET OPPORTUNITIES
      • SUPPORTIVE REGULATION & STANDARDS ALONG WITH INCREASING GOVERNMENT SUPPORT FOR ELECTRICAL STEEL
    • MARKET CHALLENGES
      • SAFETY & TECHNOLOGICAL CONSTRAINTS ASSOCIATED WITH ELECTRICAL STEEL
  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
    • OTHER APPLICATIONS
  3. MARKET BY END USER
    • ENERGY
    • AUTOMOBILES
    • MANUFACTURING
    • HOUSEHOLD APPLIANCES
    • OTHER END USERS
  4. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • KEY BUYING CRITERIA
      • COST
      • APPLICATION
      • SPECIFICATIONS
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • RAW MATERIAL SUPPLIERS
      • MANUFACTURERS
      • DISTRIBUTORS
      • END USERS
    • LEGAL, POLICY & REGULATORY FRAMEWORK
    • INVESTMENT ANALYSIS
      • BY APPLICATION
      • BY END USER
  1. GEOGRAPHICAL ANALYSIS – NORTH AMERICA
    • UNITED STATES
      • COUNTRY OVERVIEW
      • MARKET BY TYPE
      • MARKET BY APPLICATION
      • MARKET BY END USER
    • CANADA
      • COUNTRY OVERVIEW
      • MARKET BY TYPE
      • MARKET BY APPLICATION
      • MARKET BY END USER
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • KEY COMPANY ANALYSIS
    • CORPORATE STRATEGIES
    • COMPANY PROFILES
      • ARCELORMITTAL SA
      • ARNOLD MAGNETIC TECHNOLOGIES CORP.
      • BAOSTEEL GROUP
      • CHINA STEEL CORPORATION
      • JIANGSU SHAGANG INTERNATIONAL TRADE CO., LTD
      • NIPPON STEEL & SUMITOMO METAL CORPORATION
      • ORCHID INTERNATIONAL
      • POSCO
      • SKO-DIE, INC.
      • STEEL AUTHORITY OF INDIA LIMITED (SAIL)
      • THYSSENKRUPP AG
      • UNION STATES STEEL CORPORATION
      • UNITED STATES STEEL CORPORATION
      • VOESTALPINE AG

 

LIST OF TABLES

TABLE 1: NORTH AMERICA ELECTRICAL STEEL MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 2: WORLDWIDE SALES OF ELECTRIC VEHICLES IN 2017 (MONTH-WISE SALES)

TABLE 3: COUNTRY-WISE STOCK TARGETS OF ELECTRIC VEHICLE TILL 2020

TABLE 4: NORTH AMERICA ELECTRICAL STEEL MARKET, BY TYPE, 2019-2027, (IN $ BILLION)

TABLE 5: NORTH AMERICA ELECTRICAL STEEL MARKET, BY GRAIN-ORIENTED STEEL, 2019-2027 (IN $ BILLION)

TABLE 6: NORTH AMERICA ELECTRICAL STEEL MARKET, BY APPLICATION, 2019-2027, (IN $ BILLION)

TABLE 7: NORTH AMERICA ELECTRICAL STEEL MARKET, BY TRANSFORMER TYPE, 2019-2027 (IN $ BILLION)

TABLE 8: NORTH AMERICA ELECTRICAL STEEL MARKET, BY END USER, 2019-2027, (IN $ BILLION)

TABLE 9: OPPORTUNITY MATRIX

TABLE 10: VENDOR LANDSCAPE

TABLE 11: LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 12: NORTH AMERICA ELECTRICAL STEEL MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 13: NEW GENERATOR & POWER CAPACITY ADDITIONS IN NORTH AMERICA BETWEEN PERIOD, 2016-2020 (MW)

TABLE 14: UNITED STATES ELECTRICAL STEEL MARKET, BY TYPE, 2019-2027 (IN $ BILLION)

TABLE 15: UNITED STATES ELECTRICAL STEEL MARKET, BY APPLICATION, 2019-2027 (IN $ BILLION)

TABLE 16: UNITED STATES ELECTRICAL STEEL MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 17: POWER LINE PROJECTS CURRENTLY UNDERWAY IN CANADA

TABLE 18: CANADA ELECTRICAL STEEL MARKET, BY TYPE, 2019-2027 (IN $ BILLION)

TABLE 19: CANADA ELECTRICAL STEEL MARKET, BY APPLICATION, 2019-2027 (IN $ BILLION)

TABLE 20: CANADA ELECTRICAL STEEL MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 21: LIST OF CORPORATE STRATEGIES

LIST OF FIGURES

FIGURE 1: NORTH AMERICA ELECTRICAL STEEL MARKET, BY END USERS, 2018 – 2026 (IN %)

FIGURE 2: ELECTRICITY DEMAND IN KEY GEOGRAPHIES, 2016 & 2040F (IN TWH)

FIGURE 3: TIMELINE OF ELECTRICAL STEEL

FIGURE 4: PERCENTAGE GROWTH IN THE URBAN POPULATION ACROSS THE WORLD, 2010-2017 (% OF TOTAL POPULATION)

FIGURE 5: ELECTRICAL VEHICLE SALES IN THE UNITED STATES, 2015-2016

FIGURE 6: WORLDWIDE SALES OF LIGHT DUTY ELECTRIC VEHICLES, 2015-2024 (IN MILLION UNITS)

FIGURE 7: WORLDWIDE PRICE OF IRON ORE, 2010-2016

FIGURE 8: NORTH AMERICA ELECTRICAL STEEL MARKET, BY GRAIN-ORIENTED STEEL, 2019-2027 (IN $ BILLION)

FIGURE 9: NORTH AMERICA ELECTRICAL STEEL MARKET, BY FULLY PROCESSED GRAIN-ORIENTED STEEL, 2019-2027 (IN $ BILLION)

FIGURE 10: NORTH AMERICA ELECTRICAL STEEL MARKET, BY SEMI PROCESSED GRAIN-ORIENTED STEEL, 2019-2027 (IN $ BILLION)

FIGURE 11: NORTH AMERICA ELECTRICAL STEEL MARKET, BY NON-GRAIN-ORIENTED STEEL, 2019-2027 (IN $ BILLION)

FIGURE 12: NORTH AMERICA ELECTRICAL STEEL MARKET, BY TRANSFORMERS, 2019-2027 (IN $ BILLION)

FIGURE 13: NORTH AMERICA ELECTRICAL STEEL MARKET, BY CURRENT TRANSFORMERS, 2019-2027 (IN $ BILLION)

FIGURE 14: NORTH AMERICA ELECTRICAL STEEL MARKET, BY POWER TRANSFORMERS, 2019-2027 (IN $ BILLION)

FIGURE 15: NORTH AMERICA ELECTRICAL STEEL MARKET, BY DISTRIBUTION TRANSFORMERS, 2019-2027 (IN $ BILLION)

FIGURE 16: NORTH AMERICA ELECTRICAL STEEL MARKET, BY MOTORS, 2019-2027 (IN $ BILLION)

FIGURE 17: NORTH AMERICA ELECTRICAL STEEL MARKET, BY INDUCTORS, 2019-2027 (IN $ BILLION)

FIGURE 18: NORTH AMERICA ELECTRICAL STEEL MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ BILLION)

FIGURE 19: NORTH AMERICA ELECTRICAL STEEL MARKET, BY ENERGY, 2019-2027 (IN $ BILLION)

FIGURE 20: NORTH AMERICA ELECTRICAL STEEL MARKET, BY AUTOMOBILES, 2019-2027 (IN $ BILLION)

FIGURE 21: NORTH AMERICA ELECTRICAL STEEL MARKET, BY MANUFACTURING, 2019-2027 (IN $ BILLION)

FIGURE 22: NORTH AMERICA ELECTRICAL STEEL MARKET, BY HOUSEHOLD APPLIANCES, 2019-2027 (IN $ BILLION)

FIGURE 23: NORTH AMERICA ELECTRICAL STEEL MARKET, BY OTHER END USERS, 2019-2027 (IN $ BILLION)

FIGURE 24: PORTER’S FIVE FORCE ANALYSIS

FIGURE 25: KEY BUYING IMPACT ANALYSIS

FIGURE 26: VALUE CHAIN ANALYSIS

FIGURE 27: MANUFACTURING PROCESS OF ELECTRICAL STEEL

FIGURE 28: INVESTMENT ANALYSIS OF ELECTRICAL STEEL MARKET, BY APPLICATION, IN 2018

FIGURE 29: INVESTMENT ANALYSIS OF ELECTRICAL STEEL MARKET, BY END USER, IN 2018

FIGURE 30: NORTH AMERICA ELECTRICAL STEEL MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)

FIGURE 31: UNITED STATES ELECTRICAL STEEL MARKET, 2019-2027 (IN $ BILLION)

FIGURE 32: HISTORICAL & PROJECTED INVESTMENT OF POWER TRANSMISSION IN USA FOR PERIOD 2010-2019 ($ BILLION)

FIGURE 33: PLANNED CIRCUIT LINES EXPECTED TO BE COMPLETED BY 2020 ACROSS THE USA.

FIGURE 34: CANADA ELECTRICAL STEEL MARKET, 2019-2027 (IN $ BILLION)

FIGURE 35: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2018 (IN %)

  1. MARKET BY TYPE
    • GRAIN-ORIENTED STEEL
      • FULLY PROCESSED GRAIN-ORIENTED STEEL
      • SEMI PROCESSED GRAIN-ORIENTED STEEL
    • NON-GRAIN-ORIENTED STEEL
  1. MARKET BY APPLICATION
    • TRANSFORMERS
      • CURRENT TRANSFORMERS
      • POWER TRANSFORMERS
      • DISTRIBUTION TRANSFORMERS
    • MOTORS
    • INDUCTORS
    • OTHER APPLICATIONS
  2. MARKET BY END USER
    • ENERGY
    • AUTOMOBILES
    • MANUFACTURING
    • HOUSEHOLD APPLIANCES
    • OTHER END USERS
  3. GEOGRAPHICAL ANALYSIS – NORTH AMERICA
    • UNITED STATES
      • COUNTRY OVERVIEW
      • MARKET BY TYPE
      • MARKET BY APPLICATION
      • MARKET BY END USER
    • CANADA
      • COUNTRY OVERVIEW
      • MARKET BY TYPE
      • MARKET BY APPLICATION
      • MARKET BY END USER

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