Grain Oriented Electrical Steel Market
Grain Oriented Electrical Steel Market Size and Share Forecast Outlook 2025 to 2035
Grain oriented electrical steel market is projected to grow from USD 9.0 billion in 2025 to USD 15.8 billion by 2035, at a CAGR of 5.8%. Transformers will dominate with a 0.0% market share, while motors will lead the application segment with a 24.0% share.
FREE CustomizationGrain Oriented Electrical Steel Market Forecast and Outlook 2025 to 2035
The global grain oriented electrical steel market is projected to grow from USD 9.0 billion in 2025 to approximately USD 15.8 billion by 2035, recording an absolute increase of USD 6.8 billion over the forecast period. This translates into a total growth of 75.6%, with the market forecast to expand at a compound annual growth rate (CAGR) of 5.8% between 2025 and 2035.
The overall market size is expected to grow by nearly 1.8X during the same period, supported by increasing demand for energy-efficient transformers, rising adoption of electric vehicles and renewable energy infrastructure, and increasing focus on power transmission efficiency and grid modernization across the global electrical equipment and energy sectors.
Quick Stats for Grain Oriented Electrical Steel Market
- Grain Oriented Electrical Steel Market Value (2025): USD 9.0 billion
- Grain Oriented Electrical Steel Market Forecast Value (2035): USD 15.8 billion
- Grain Oriented Electrical Steel Market Forecast CAGR: 5.8%
- Leading End Use in Grain Oriented Electrical Steel Market: Transformers (61.0%)
- Key Growth Regions in Grain Oriented Electrical Steel Market: Asia Pacific, North America, and Europe
- Key Players in Grain Oriented Electrical Steel Market: POSCO, ArcelorMittal, Baosteel Group Corporation, NIPPON STEEL CORPORATION, JFE Steel Corporation, thyssenkrupp, Stalprodukt S.A., Cleveland-Cliffs Inc., Arnold Magnetic Technologies, VIZ-Steel, JSW JFE Electrical Steel
Between 2025 and 2030, the grain oriented electrical steel market is projected to expand from USD 9.0 billion to USD 11.9 billion, resulting in a value increase of USD 2.9 billion, which represents 42.6% of the total forecast growth for the decade. This phase of development will be shaped by rising demand for power transformers, increasing applications in electric vehicle motor and smart grid segments, and growing penetration in emerging energy infrastructure markets. Electrical equipment manufacturers are expanding their grain oriented electrical steel capabilities to address the growing demand for high-performance materials in various transformer applications and motor manufacturing categories.
From 2030 to 2035, the market is forecast to grow from USD 11.9 billion to USD 15.8 billion, adding another USD 3.9 billion, which constitutes 57.4% of the overall ten-year expansion. This period is expected to be characterized by the expansion of renewable energy integration systems, the development of ultra-high efficiency transformer technologies, and the advancement of specialized grain oriented steel grades for specific electrical applications. The growing adoption of energy efficiency standards and smart grid requirements will drive demand for ultra-high performance grain oriented electrical steel with enhanced magnetic specifications and consistent material characteristics.
Between 2020 and 2025, the grain oriented electrical steel market experienced steady expansion, driven by increasing recognition of energy efficiency importance in electrical equipment operations and growing acceptance of advanced electrical steel grades in complex power system processes.
The market developed as transformer manufacturers and electrical equipment producers recognized the need for high-performance grain oriented steel to address efficiency requirements and reduce core losses. Research and development activities have emphasized the importance of advanced steel metallurgy and processing technologies in achieving better magnetic performance and energy efficiency in electrical equipment manufacturing, establishing a strong foundation for the anticipated growth trajectory through 2035.
Grain Oriented Electrical Steel Market Key Takeaways
| Metric | Value |
|---|---|
| Estimated Value in (2025E) | USD 9.0 billion |
| Forecast Value in (2035F) | USD 15.8 billion |
| Forecast CAGR (2025 to 2035) | 5.8% |
Why is the Grain Oriented Electrical Steel Market Growing?
Market expansion is being supported by the increasing demand for energy-efficient electrical equipment and the corresponding need for high-performance magnetic materials in transformer and motor applications across global power generation and electrical manufacturing operations.
Modern electrical equipment manufacturers are increasingly focused on advanced grain oriented electrical steel that can reduce core losses, improve transformer efficiency, and enhance energy conservation while meeting stringent performance requirements. The proven efficacy of grain oriented electrical steel in various power system applications makes it an essential component of comprehensive energy efficiency strategies and electrical infrastructure programs.
The growing emphasis on power sector transformation and renewable energy integration is driving demand for ultra-efficient grain oriented electrical steel that meets stringent magnetic performance specifications and energy efficiency requirements for electrical applications. Manufacturers' preference for reliable, high-performance steel grades that can ensure consistent transformer performance is creating opportunities for innovative grain oriented steel products and customized material solutions.
The rising influence of energy efficiency regulations and grid modernization initiatives is also contributing to increased adoption of premium-grade grain oriented electrical steel across different power system applications and electrical equipment manufacturing processes requiring advanced magnetic materials technology.
The grain oriented electrical steel market represents a specialized growth opportunity, expanding from USD 9.0 billion in 2025 to USD 15.8 billion by 2035 at a 5.8% CAGR. As manufacturers prioritize energy efficiency, material performance, and equipment reliability in complex electrical system processes, grain oriented electrical steel has evolved from a standard electrical material to an essential component enabling transformer optimization, energy loss reduction, and high-performance electrical equipment production across power system operations and specialized manufacturing applications.
The convergence of renewable energy expansion, increasing smart grid adoption, specialized transformer technology development, and energy efficiency requirements creates significant momentum in demand across all major global electrical equipment markets.
Segmental Analysis
The market is segmented by end use, application, and region. By end use, the market is divided into transformers (power transformers, distribution transformers, industrial transformers, smart grid transformers), motors, and others.
Based on application, the market is categorized into motors (electric vehicle motors, industrial motors, consumer electronics motors) and other electrical equipment. Regionally, the market is divided into Asia Pacific, North America, Europe, Latin America, Middle East & Africa.
Which End Use Account for a Dominant Share in the Grain Oriented Electrical Steel Market?
Grain oriented electrical steel demand for transformers is projected to account for 61.0% of the market share in 2025, with power transformers representing 42.0%, distribution transformers 19.0%, industrial transformers 12.0%, and smart grid transformers 7.0%, reaffirming its position as the category's dominant end use.
Electrical equipment manufacturers increasingly recognize the critical importance of grain oriented electrical steel for transformer core construction, particularly in power transmission and distribution infrastructure applications. This end use addresses both efficiency requirements and performance considerations while providing superior magnetic properties across diverse transformer applications.
This end use forms the foundation of most electrical infrastructure for power system applications, as it represents the largest and most established application of grain oriented electrical steel in the electrical equipment industry. Energy efficiency standards and extensive performance validation continue to strengthen confidence in grain oriented steel for transformer cores among utilities and electrical equipment manufacturers.
With increasing recognition of the energy conservation requirements in power system operations, grain oriented electrical steel systems align with both operational efficiency and environmental sustainability goals, making them the central growth driver of comprehensive transformer manufacturing strategies across domestic and international power infrastructure markets.
Which Application Area Dominates in the Global Grain Oriented Steel Landscape?
Grain oriented electrical steel applications for motors is projected to represent 24.0% of grain oriented electrical steel demand in 2025, with electric vehicle motors accounting for 12.0%, industrial motors 8.0%, and consumer electronics motors 4.0%, underscoring its role as a significant application segment driving market adoption and growth.
Motor manufacturers recognize that high-performance motor requirements, including energy efficiency mandates, power density optimization, and thermal management needs, often require advanced grain oriented electrical steel that standard electrical steel grades cannot adequately provide. Grain oriented electrical steel offers enhanced magnetic performance and efficiency improvements in motor applications.
The segment is supported by the growing electrification of transportation globally, requiring high-efficiency motor systems, and the increasing recognition that advanced electrical steel materials can improve motor performance and energy consumption. Automotive manufacturers are increasingly adopting electric vehicle platforms that require specialized motor designs utilizing high-performance electrical steel for optimal efficiency.
As electric vehicle adoption accelerates and motor efficiency requirements become more stringent, grain oriented electrical steel will continue to play an important role in advanced motor manufacturing strategies within the global automotive and industrial equipment markets.
What makes the Asia Pacific Region Lead with a Dominant Share?
The Asia Pacific region is projected to represent 69.0% of grain oriented electrical steel demand in 2025, with China accounting for 39.0%, Japan 11.0%, India 10.0%, and South Korea 9.0%, underscoring its role as the dominant regional market.
The region benefits from massive power infrastructure investments, expanding electrical equipment manufacturing capabilities, and strong domestic steel production capacity. Countries throughout Asia Pacific are driving exceptional growth through rapid industrialization, renewable energy deployment, and smart grid development initiatives.
The Asia Pacific market is supported by large-scale transmission infrastructure projects, growing electricity demand, and government initiatives promoting energy efficiency in electrical equipment. Regional electrical steel manufacturers are expanding production capacity to meet domestic and export demand for high-performance grain oriented steel.
Growing adoption of renewable energy systems and improving manufacturing capabilities are creating opportunities for advanced grain oriented electrical steel across transformer manufacturing and motor production facilities in major industrial centers, while vertical integration in steel production supports competitive pricing and reliable material supply throughout the region.
What are the Drivers, Restraints, and Key Trends of the Grain Oriented Electrical Steel Market?
The grain oriented electrical steel market is advancing steadily due to increasing recognition of energy efficiency importance and growing demand for high-performance magnetic materials across the electrical equipment and power infrastructure sectors.
The market faces challenges, including complex manufacturing processes requiring specialized production facilities, potential for supply chain constraints in high-grade silicon steel production, and concerns about material cost fluctuations affecting transformer manufacturing economics. Innovation in steel processing technologies and advanced coating systems continues to influence product development and market expansion patterns.
Expansion of Renewable Energy Infrastructure and Smart Grid Technologies
The growing deployment of renewable energy systems is enabling the development of more sophisticated electrical grid infrastructure that requires advanced transformer technologies utilizing grain oriented electrical steel.
Specialized power system applications require high-efficiency transformers, including step-up transformers for wind and solar farms that are particularly important for minimizing transmission losses in renewable energy integration.
Advanced grain oriented electrical steel grades provide magnetic performance characteristics that can optimize transformer efficiency and reduce operational costs while supporting reliable renewable energy delivery across modern power grids.
Integration of Ultra-High Efficiency Transformer Technologies and Material Innovation
Modern electrical equipment manufacturers are incorporating advanced grain oriented steel grades such as domain-refined electrical steel, laser-scribed materials, and ultra-thin gauge products to enhance transformer performance and manufacturing efficiency. These material innovations improve magnetic properties, enable reduced core loss performance, and provide better energy conservation throughout the transformer lifecycle.
Advanced manufacturing processes also enable customized grain orientation and coating systems optimized for specific transformer applications, supporting next-generation electrical equipment design and enhancing overall power system efficiency through continuous material technology advancement.
Analysis of the Grain Oriented Electrical Steel Market by Key Country
| Country | CAGR (2025-2035) |
|---|---|
| India | 6.6% |
| China | 6.4% |
| Brazil | 5.9% |
| Germany | 5.6% |
| USA | 5.4% |
| UK | 4.9% |
| Japan | 4.7% |
The grain oriented electrical steel market is experiencing varied growth globally, with India leading at a 6.6% CAGR through 2035, driven by major investment in energy-efficient transformers and EV manufacturing. China follows at 6.4%, supported by expansion in smart grid infrastructure and renewable energy systems. Brazil records 5.9% growth, with growth in industrial electrification and transmission upgrades.
The USA shows 5.4% growth, representing rising EV demand and transformer modernization initiatives. Germany demonstrates 5.6% growth, emphasizing European Green Deal policies accelerating renewable energy.
The UK records 4.9% growth with transition to renewable power and smart grid implementation, while Japan shows 4.7% growth, representing adoption of green steel and high-performance electrical components.
How is India Demonstrating Exceptional Market Potential with Transformer Investment?
Revenue from the grain oriented electrical steel market in India is projected to exhibit exceptional growth with a CAGR of 6.6% through 2035, driven by major investment in energy-efficient transformers and expanding electric vehicle manufacturing capabilities. The country's ambitious power infrastructure expansion plans and growing emphasis on reducing transmission and distribution losses are creating significant opportunities for grain oriented electrical steel adoption across utility and industrial transformer applications. Major international steel producers and domestic electrical equipment manufacturers are establishing comprehensive supply chains to serve the growing demand for high-performance electrical steel across power system modernization and EV manufacturing throughout India's major industrial regions.
The Indian government's strategic emphasis on power sector reform and electric mobility is driving substantial investments in transformer manufacturing and motor production capabilities. This policy support, combined with the country's massive electricity infrastructure requirements and expanding automotive electrification, creates a favorable environment for grain oriented electrical steel market development. Indian utilities are increasingly adopting high-efficiency transformers to reduce energy losses, with advanced grain oriented electrical steel representing a key material component in this power system transformation.
What Drives China's Exceptional Market Growth with Smart Grid Infrastructure?
Revenue from the grain oriented electrical steel market in China is expanding at a CAGR of 6.4%, supported by expansion in smart grid infrastructure, renewable energy system deployment, and comprehensive power transmission network upgrades. The country's massive electrical infrastructure investments and increasing emphasis on ultra-high voltage transmission are driving demand for advanced grain oriented electrical steel in transformer manufacturing applications. Chinese steel producers and electrical equipment manufacturers are expanding production capacity to serve both domestic consumption and export markets for high-performance electrical steel products.
China's power sector continues to benefit from government infrastructure initiatives, expanding renewable energy capacity, and technological advancement in electrical equipment manufacturing. The country's focus on becoming a global leader in smart grid technology and renewable energy integration is driving investments in advanced electrical steel production and transformer manufacturing. Growing deployment of ultra-high voltage transmission systems and improving electrical steel quality standards are creating opportunities for premium grain oriented steel across power infrastructure projects in major provincial grids, while domestic production capacity expansion supports self-sufficiency in critical electrical materials.
How Does Brazil Demonstrate Growth with Industrial Electrification?
Revenue from the grain oriented electrical steel market in Brazil is projected to exhibit strong growth with a CAGR of 5.9% through 2035, driven by growth in industrial electrification and transmission infrastructure upgrades. The country's expanding industrial sector and modernizing electrical grid are creating opportunities for grain oriented electrical steel adoption across utility and industrial applications. Brazilian electrical equipment manufacturers are increasing procurement of high-performance electrical steel to serve domestic transformer manufacturing and power system development.
The Brazilian market benefits from ongoing transmission expansion projects, growing industrial electricity demand, and government initiatives supporting infrastructure modernization. Industrial electrification and transmission upgrade programs are driving demand for efficient transformers utilizing advanced grain oriented electrical steel, while hydroelectric power expansion requires extensive transmission infrastructure development. Power sector investment supporting competitive positioning in South American electrical equipment markets, while renewable energy integration initiatives are beginning to influence transformer specifications and material requirements.
Why Does Germany Maintain Strong Growth with European Green Deal Policies?
Germany's advanced electrical equipment market demonstrates sophisticated transformer technology with documented grain oriented electrical steel effectiveness in renewable energy integration and grid modernization applications. The country leverages materials engineering expertise and environmental sustainability leadership to maintain a 5.6% CAGR through 2035. European Green Deal policies are accelerating renewable energy deployment, creating substantial demand for high-efficiency transformers utilizing premium grain oriented electrical steel across wind and solar integration projects.
German electrical equipment manufacturers prioritize energy efficiency and environmental performance in transformer design, creating demand for ultra-high performance grain oriented steel grades with minimal core losses. The market benefits from established electrical engineering excellence and commitment to achieving carbon neutrality through electrification and renewable energy. Renewable energy integration and grid modernization segments are leading growth drivers, while stringent EU energy efficiency regulations support continued adoption of advanced grain oriented electrical steel materials.
How Does USA Show Growth with EV Demand and Transformer Modernization?
USA's market expansion benefits from rising electric vehicle demand and transformer modernization initiatives across aging electrical infrastructure. The country maintains a 5.4% CAGR through 2035, driven by automotive electrification trends and utility investment in grid reliability and efficiency improvements.
American utilities are implementing comprehensive transformer replacement programs to upgrade aging infrastructure with modern high-efficiency units utilizing advanced grain oriented electrical steel. Growing EV adoption is creating additional demand for distribution transformers and charging infrastructure requiring efficient electrical equipment. Federal infrastructure investment and state-level renewable energy mandates are supporting grid modernization projects that increase consumption of premium electrical steel grades.
What Drives UK's Growth with Renewable Power Transition?
UK's market expansion benefits from transition to renewable power generation and smart grid implementation supporting electrical infrastructure transformation. The country maintains a 4.9% CAGR through 2035, driven by offshore wind development and grid modernization requirements.
British power sector is investing substantially in transmission infrastructure to integrate large-scale offshore wind capacity, creating demand for high-capacity transformers utilizing grain oriented electrical steel. Smart grid implementation requires advanced distribution equipment with improved efficiency characteristics. National Grid modernization initiatives and renewable energy targets are driving systematic upgrades of electrical infrastructure requiring high-performance transformer materials.
How Does Japan Emphasize Green Steel and High-Performance Components?
Japan demonstrates steady market development with a 4.7% CAGR through 2035, distinguished by adoption of green steel manufacturing processes and emphasis on high-performance electrical components. The market prioritizes sustainable production methods and advanced material grades supporting next-generation electrical equipment.
Japanese steel producers are implementing environmentally sustainable manufacturing processes while maintaining premium product quality for demanding electrical applications. The market benefits from technological leadership in electrical steel development and commitment to energy efficiency in industrial operations. Emphasis on reducing carbon footprint in steel production while advancing magnetic material performance drives continued innovation in grain oriented electrical steel manufacturing and application development.
Competitive Landscape of the Grain Oriented Electrical Steel Market
The grain oriented electrical steel market is characterized by competition among established integrated steel producers, specialty electrical steel manufacturers, and materials technology companies focused on delivering high-performance, consistent, and cost-effective magnetic steel products.
Companies are investing in production technology advancement, metallurgical process optimization, strategic partnerships with transformer manufacturers, and technical support capabilities to deliver reliable, efficient, and high-quality grain oriented electrical steel that meets stringent magnetic performance and manufacturing requirements.
Product development, application engineering support, and supply chain reliability strategies are central to strengthening product portfolios and market presence across global electrical equipment manufacturing operations.
POSCO leads the market with approximately 16.8% market share, offering comprehensive grain oriented electrical steel grades with focus on magnetic performance consistency and supply reliability for transformer applications. ArcelorMittal provides specialized electrical steel products with emphasis on European and Americas markets serving utility and industrial customers.
Baosteel Group Corporation focuses on advanced grain oriented steel production serving China's massive electrical equipment manufacturing sector. NIPPON STEEL CORPORATION delivers premium electrical steel grades with strong technical support capabilities for demanding transformer applications.
JFE Steel Corporation operates with focus on ultra-high efficiency electrical steel grades and advanced processing technologies. thyssenkrupp provides specialized electrical steel solutions for European transformer manufacturers with emphasis on sustainability and performance. Stalprodukt S.A. specializes in high-quality grain oriented steel for European electrical equipment markets. Cleveland-Cliffs Inc. delivers domestic electrical steel supply for North American transformer manufacturers.
Arnold Magnetic Technologies and VIZ-Steel provide specialized magnetic materials and precision electrical steel products. JSW JFE Electrical Steel, a joint venture formed in 2024, combines expertise to serve growing Indian and regional markets with comprehensive grain oriented electrical steel solutions supporting diverse transformer manufacturing and motor production requirements across global electrical equipment applications.
Key Players in the Grain Oriented Electrical Steel Market
- POSCO
- ArcelorMittal
- Baosteel Group Corporation
- NIPPON STEEL CORPORATION
- JFE Steel Corporation
- thyssenkrupp
- Stalprodukt S.A.
- Cleveland-Cliffs Inc.
- Arnold Magnetic Technologies
- VIZ-Steel
- JSW JFE Electrical Steel
Scope of the Report
| Items | Values |
|---|---|
| Quantitative Units (2025) | USD 9.0 Billion |
| End Use | Transformers (Power Transformers, Distribution Transformers, Industrial Transformers, Smart Grid Transformers), Motors, Others |
| Application | Motors (Electric Vehicle Motors, Industrial Motors, Consumer Electronics Motors), Other Electrical Equipment |
| Regions Covered | Asia Pacific, North America, Europe, Latin America, Middle East & Africa |
| Countries Covered | China, USA, Germany, Japan, India, Brazil, UK and 40+ countries |
| Key Companies Profiled | POSCO, ArcelorMittal, Baosteel Group Corporation, NIPPON STEEL CORPORATION, JFE Steel Corporation, thyssenkrupp, Stalprodukt S.A., Cleveland-Cliffs Inc., Arnold Magnetic Technologies, VIZ-Steel, JSW JFE Electrical Steel |
| Additional Attributes | Dollar sales by end use and application, regional demand trends, competitive landscape, manufacturer preferences for specific grain oriented electrical steel grades, integration with electrical equipment supply chains, innovations in steel processing technologies, magnetic performance optimization, and material development |
Grain Oriented Electrical Steel Market by Segments
-
End Use :
- Transformers
- Motors
- Others
-
Application :
- Motors
- Other Electrical Equipment
-
Region :
- Asia Pacific
- China
- India
- Japan
- South Korea
- ASEAN
- Australia & New Zealand
- Rest of Asia Pacific
- North America
- USA
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Nordic
- BENELUX
- Rest of Europe
- Latin America
- Brazil
- Argentina
- Chile
- Rest of Latin America
- Middle East & Africa
- Kingdom of Saudi Arabia
- Other GCC Countries
- Turkey
- South Africa
- Other African Countries
- Rest of Middle East & Africa
- Asia Pacific
Table of Content
- Executive Summary
- Global Market Outlook
- Demand to side Trends
- Supply to side Trends
- Technology Roadmap Analysis
- Analysis and Recommendations
- Market Overview
- Market Coverage / Taxonomy
- Market Definition / Scope / Limitations
- Market Background
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Trends
- Scenario Forecast
- Demand in Optimistic Scenario
- Demand in Likely Scenario
- Demand in Conservative Scenario
- Opportunity Map Analysis
- Product Life Cycle Analysis
- Supply Chain Analysis
- Investment Feasibility Matrix
- Value Chain Analysis
- PESTLE and Porter’s Analysis
- Regulatory Landscape
- Regional Parent Market Outlook
- Production and Consumption Statistics
- Import and Export Statistics
- Market Dynamics
- Global Market Analysis 2020 to 2024 and Forecast, 2025 to 2035
- Historical Market Size Value (USD Million) Analysis, 2020 to 2024
- Current and Future Market Size Value (USD Million) Projections, 2025 to 2035
- Y to o to Y Growth Trend Analysis
- Absolute $ Opportunity Analysis
- Global Market Pricing Analysis 2020 to 2024 and Forecast 2025 to 2035
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By End Use
- Introduction / Key Findings
- Historical Market Size Value (USD Million) Analysis By End Use, 2020 to 2024
- Current and Future Market Size Value (USD Million) Analysis and Forecast By End Use, 2025 to 2035
- Transformers
- Motors
- Others
- Y to o to Y Growth Trend Analysis By End Use, 2020 to 2024
- Absolute $ Opportunity Analysis By End Use, 2025 to 2035
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Application
- Introduction / Key Findings
- Historical Market Size Value (USD Million) Analysis By Application, 2020 to 2024
- Current and Future Market Size Value (USD Million) Analysis and Forecast By Application, 2025 to 2035
- Motors
- Other Electrical Equipment
- Y to o to Y Growth Trend Analysis By Application, 2020 to 2024
- Absolute $ Opportunity Analysis By Application, 2025 to 2035
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
- Introduction / Key Findings
- Historical Market Size Value (USD Million) Analysis By Region, 2020 to 2024
- Current and Future Market Size Value (USD Million) Analysis and Forecast By Region, 2025 to 2035
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
- Y to o to Y Growth Trend Analysis By Region, 2020 to 2024
- Absolute $ Opportunity Analysis By Region, 2025 to 2035
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
- Introduction
- Historical Market Size Value (USD Million) Analysis By Region, 2020 to 2024
- Current Market Size Value (USD Million) Analysis and Forecast By Region, 2025 to 2035
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia and Pacific
- Middle East & Africa
- Market Attractiveness Analysis By Region
- North America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- USA
- Canada
- Mexico
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- Latin America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- Brazil
- Chile
- Rest of Latin America
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- Western Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- Germany
- UK
- Italy
- Spain
- France
- Nordic
- BENELUX
- Rest of Western Europe
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- Eastern Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- Russia
- Poland
- Hungary
- Balkan & Baltic
- Rest of Eastern Europe
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- East Asia Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- China
- Japan
- South Korea
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- South Asia and Pacific Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- India
- ASEAN
- Australia & New Zealand
- Rest of South Asia and Pacific
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- Middle East & Africa Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
- Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
- Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
- By Country
- Kingdom of Saudi Arabia
- Other GCC Countries
- Turkiye
- South Africa
- Other African Union
- Rest of Middle East & Africa
- By End Use
- By Application
- By Region
- By Country
- Market Attractiveness Analysis
- By Country
- By End Use
- By Application
- By Region
- Key Takeaways
- Key Countries Market Analysis
- USA
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Canada
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Mexico
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Brazil
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Chile
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Germany
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- UK
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Italy
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Spain
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- France
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- India
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- ASEAN
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Australia & New Zealand
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- China
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Japan
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- South Korea
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Russia
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Poland
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Hungary
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Kingdom of Saudi Arabia
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- Turkiye
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- South Africa
- Pricing Analysis
- Market Share Analysis, 2024
- By End Use
- By Application
- By Region
- USA
- Market Structure Analysis
- Competition Dashboard
- Competition Benchmarking
- Market Share Analysis of Top Players
- By Regional
- By End Use
- By Application
- By Region
- Competition Analysis
- Competition Deep Dive
- POSCO
- Overview
- Product Portfolio
- Profitability by Market Segments (Product/Age /Sales Channel/Region)
- Sales Footprint
- Strategy Overview
- Marketing Strategy
- Product Strategy
- Channel Strategy
- ArcelorMittal
- Baosteel Group Corporation
- NIPPON STEEL CORPORATION
- JFE Steel Corporation
- thyssenkrupp
- Stalprodukt S.A.
- Cleveland-Cliffs Inc.
- Arnold Magnetic Technologies
- VIZ-Steel
- JSW JFE Electrical Steel
- POSCO
- Competition Deep Dive
- Assumptions & Acronyms Used
- Research Methodology
List Of Table
- Table 1: Global Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 2: Global Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 3: Global Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 4: Global Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 5: North America Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 6: North America Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 7: North America Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 8: North America Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 9: Latin America Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 10: Latin America Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 11: Latin America Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 12: Latin America Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 13: Western Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 14: Western Europe Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 15: Western Europe Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 16: Western Europe Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 17: Eastern Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 18: Eastern Europe Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 19: Eastern Europe Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 20: Eastern Europe Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 21: East Asia Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 22: East Asia Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 23: East Asia Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 24: East Asia Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 25: South Asia and Pacific Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 26: South Asia and Pacific Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 27: South Asia and Pacific Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 28: South Asia and Pacific Market Value (USD Million) Forecast by Region, 2020 to 2035
- Table 29: Middle East & Africa Market Value (USD Million) Forecast by Country, 2020 to 2035
- Table 30: Middle East & Africa Market Value (USD Million) Forecast by End Use, 2020 to 2035
- Table 31: Middle East & Africa Market Value (USD Million) Forecast by Application, 2020 to 2035
- Table 32: Middle East & Africa Market Value (USD Million) Forecast by Region, 2020 to 2035
List Of Figures
- Figure 1: Global Market Pricing Analysis
- Figure 2: Global Market Value (USD Million) Forecast 2020-2035
- Figure 3: Global Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 4: Global Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 5: Global Market Attractiveness Analysis by End Use
- Figure 6: Global Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 7: Global Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 8: Global Market Attractiveness Analysis by Application
- Figure 9: Global Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 10: Global Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 11: Global Market Attractiveness Analysis by Region
- Figure 12: Global Market Value (USD Million) Share and BPS Analysis by Region, 2025 and 2035
- Figure 13: Global Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 14: Global Market Attractiveness Analysis by Region
- Figure 15: North America Market Incremental Dollar Opportunity, 2025-2035
- Figure 16: Latin America Market Incremental Dollar Opportunity, 2025-2035
- Figure 17: Western Europe Market Incremental Dollar Opportunity, 2025-2035
- Figure 18: Eastern Europe Market Incremental Dollar Opportunity, 2025-2035
- Figure 19: East Asia Market Incremental Dollar Opportunity, 2025-2035
- Figure 20: South Asia and Pacific Market Incremental Dollar Opportunity, 2025-2035
- Figure 21: Middle East & Africa Market Incremental Dollar Opportunity, 2025-2035
- Figure 22: North America Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 23: North America Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 24: North America Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 25: North America Market Attractiveness Analysis by End Use
- Figure 26: North America Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 27: North America Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 28: North America Market Attractiveness Analysis by Application
- Figure 29: North America Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 30: North America Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 31: North America Market Attractiveness Analysis by Region
- Figure 32: Latin America Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 33: Latin America Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 34: Latin America Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 35: Latin America Market Attractiveness Analysis by End Use
- Figure 36: Latin America Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 37: Latin America Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 38: Latin America Market Attractiveness Analysis by Application
- Figure 39: Latin America Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 40: Latin America Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 41: Latin America Market Attractiveness Analysis by Region
- Figure 42: Western Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 43: Western Europe Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 44: Western Europe Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 45: Western Europe Market Attractiveness Analysis by End Use
- Figure 46: Western Europe Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 47: Western Europe Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 48: Western Europe Market Attractiveness Analysis by Application
- Figure 49: Western Europe Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 50: Western Europe Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 51: Western Europe Market Attractiveness Analysis by Region
- Figure 52: Eastern Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 53: Eastern Europe Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 54: Eastern Europe Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 55: Eastern Europe Market Attractiveness Analysis by End Use
- Figure 56: Eastern Europe Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 57: Eastern Europe Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 58: Eastern Europe Market Attractiveness Analysis by Application
- Figure 59: Eastern Europe Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 60: Eastern Europe Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 61: Eastern Europe Market Attractiveness Analysis by Region
- Figure 62: East Asia Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 63: East Asia Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 64: East Asia Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 65: East Asia Market Attractiveness Analysis by End Use
- Figure 66: East Asia Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 67: East Asia Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 68: East Asia Market Attractiveness Analysis by Application
- Figure 69: East Asia Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 70: East Asia Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 71: East Asia Market Attractiveness Analysis by Region
- Figure 72: South Asia and Pacific Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 73: South Asia and Pacific Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 74: South Asia and Pacific Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 75: South Asia and Pacific Market Attractiveness Analysis by End Use
- Figure 76: South Asia and Pacific Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 77: South Asia and Pacific Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 78: South Asia and Pacific Market Attractiveness Analysis by Application
- Figure 79: South Asia and Pacific Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 80: South Asia and Pacific Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 81: South Asia and Pacific Market Attractiveness Analysis by Region
- Figure 82: Middle East & Africa Market Value Share and BPS Analysis by Country, 2025 and 2035
- Figure 83: Middle East & Africa Market Value Share and BPS Analysis by End Use, 2025 and 2035
- Figure 84: Middle East & Africa Market Y to o to Y Growth Comparison by End Use, 2025-2035
- Figure 85: Middle East & Africa Market Attractiveness Analysis by End Use
- Figure 86: Middle East & Africa Market Value Share and BPS Analysis by Application, 2025 and 2035
- Figure 87: Middle East & Africa Market Y to o to Y Growth Comparison by Application, 2025-2035
- Figure 88: Middle East & Africa Market Attractiveness Analysis by Application
- Figure 89: Middle East & Africa Market Value Share and BPS Analysis by Region, 2025 and 2035
- Figure 90: Middle East & Africa Market Y to o to Y Growth Comparison by Region, 2025-2035
- Figure 91: Middle East & Africa Market Attractiveness Analysis by Region
- Figure 92: Global Market - Tier Structure Analysis
- Figure 93: Global Market - Company Share Analysis
- FAQs -
How big is the grain oriented electrical steel market in 2025?
The global grain oriented electrical steel market is estimated to be valued at USD 9.0 billion in 2025.
What will be the size of grain oriented electrical steel market in 2035?
The market size for the grain oriented electrical steel market is projected to reach USD 15.8 billion by 2035.
How much will be the grain oriented electrical steel market growth between 2025 and 2035?
The grain oriented electrical steel market is expected to grow at a 5.8% CAGR between 2025 and 2035.
What are the key product types in the grain oriented electrical steel market?
The key product types in grain oriented electrical steel market are transformers, motors and others.
Which application segment to contribute significant share in the grain oriented electrical steel market in 2025?
In terms of application, motors segment to command 24.0% share in the grain oriented electrical steel market in 2025.
Grain Oriented Electrical Steel Market