GERMANY EV STEEL MARKET

INTRODUCTION

The cores of motors, transformers, and generators in EV vehicles are made of electrical steel, sometimes referred to as silicon steel, which is an iron and silicon steel alloy.

This more malleable kind of steel has a high permeability, less core loss, and a variety of magnetic characteristics. Its low magnetic hysteresis and iron losses, or energy loss, are caused by its tiny hysteresis curve. For electrical steel, there are two types of structures: oriented and non-oriented.

The structure of grain-oriented electrical steel allows for higher flux densities and magnetic saturation since the orientation of the steel's grains is constant and stable. Grain-oriented electrical steel is most frequently used for transformers because they have predictable and precise magnetic field directions.

GERMANY EV STEEL MARKET SIZE AND FORECAST

The Germany EV Steel Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

GERMANY EV STEEL MARKETNEW PRODUCT LAUNCH

A battery housing constructed of steel that has been created by thyssenkrupp Steel as part of the selectrify program considerably increases fire safety in electric vehicles, is up to 50% less expensive to build, and emits only about half as much CO2 as equivalent battery housings made of aluminum. 

Using ultra-high-strength steels has a lot of promise for electromobility, according to Patrick Tlauka, project manager for the selectrify program at thyssenkrupp Steel: They may satisfy a variety of criteria thanks to their concepts.

They provide designs that can withstand extremely high reaction forces and almost allow no deformation, as well as softer constructions with deliberate crumple zones that absorb impact energy.

The high-strength steel selectrify battery casing provides complete protection for the battery modules against accident influences. This safeguarding feature works to stop battery fires from starting in the first place.

GERMANY EV STEEL MARKETCOMPANY PROFILE

• Thyssenkrupp AG
• BENTELER International AG
• Stahlwerk Thüringen
• EV Group
• Nippon Steel Company

THISGERMANY EV STEEL MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGermany EV Steel Marketright now and how will it change in next 5-6 years?
2. Average cost to set up anEV Steel MarketinGermany?
3. How manyGermany EV Steel Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGermany EV Steel Marketand key vendor selection criteria
6. Where is theGermany EV Steel Marketmanufactured? What is the average margin per equipment?
7. Market share ofGermany EV Steel Marketmanufacturers and their upcoming products
8. The most important plannedGermany EV Steel Marketin next 2 years
9. Details on network of majorGermany EV Steel Marketand pricing plans
10. Cost advantage for OEMs who manufactureGermany EV Steel Marketin-house
11. 5 key predictions for next 5 years inGermany EV Steel Market
12. Average B-2-BGermany EV Steel Marketprice in all segments
13. Latest trends inGermany EV Steel Market, by every market segment
14. The market size (both volume and value) ofGermany EV Steel Marketin 2024-2030 and every year in between?
15. Global production breakup ofGermany EV Steel Market, by suppliers and their OEM relationship