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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
For the manufacture of massive, high-performance generators and energy-efficient transformers, grain-oriented electrical steel is a crucial component. It is the vital core component of distribution transformers, power transformers, and miniature transformers in the form of laminated, wrapped, or punched sheets.
The 3% silicon steel used in grain-oriented electrical steel (GOES) is prepared under strict control. All of the Silicon steel used to make GOES is produced in the USA and complies with DFARS.
Arnold uses a variety of Silicon steel grades. The "pickled" state in which this steel is bought enables to roll it to extremely thin gauges. After being rolled and going through additional processing, the material gets an insulating covering that minimises eddy current losses.
After carefully examining magnetic saturation, power loss, thermal conductivity, and mechanical properties of a traction motor with high-frequency (50Hz-400Hz) and high-torque running condition, grain-oriented (GO) silicon steel is used in high-speed (up to 14500rpm) traction motors.
Global grain-oriented electrical steel sheet(GOES) market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The establishment of a joint venture company in India to manufacture and sell grain-oriented electrical steel sheets was the subject of a memorandum of understanding signed by JFE Steel Corporation and JSW Steel Limited (JSW), a strategic alliance partner.
With the necessary approvals, it is intended to finish the study during the current fiscal year of 2021 and then proceed with setting up the Company.Through direct participation in international growth markets and partnerships with exceptional local partners, JFE Steel is aggressively seeking to increase the size of its worldwide supply capacity.
Since signing a thorough Strategic Collaboration Agreement in 2009, which saw JFE Steel acquire an ownership position in JSW and provide technical assistance with regard to automotive steel products and environmental measures, the Company has continued to strengthen its partnership with JSW.
JFE and JSW struck into an agreement in 2012 that allowed JFE to provide technology for the production of non-oriented electrical steel sheets, allowing JSW to overtake other suppliers in India in this market.
| S No | Company Name | Development |
|---|---|---|
| 1 | US Steel | New electrical steel product, Indux, will begin production at its Big River Steel facility in Osceola, Arkansas, this summer with the commissioning of its new non-grain oriented (NGO) electrical steel line. |
| 2 | Bluemint steel | Grain-oriented electrical steel is a specialized type of steel and a vital component in the production of energy-efficient transformers and large, high-performance generators. It is mainly employed in instrument and current transformers, power, and high-voltage direct current transmission cores. |
U.S. Steel says Indux is a very wide, ultra-thin and lightweight steel, having all the magnetic properties necessary for electric vehicles (EVs), as well as generators and transformers. The company adds that by producing Indux steel in the United States, it is making a significant investment in American jobs and bolstering the resilience of the countryâs domestic supply chain.Moreover, steelâs adaptability and near-infinite recyclability make it the ideal material to build safe, modern and sustainable societies.â
The main types of products in grain-oriented electrical steel are high magnetic strength, conventional, and domain refinement. High magnetic strength steel refers to a type of alloy steel that has better mechanical qualities and higher corrosion resistance than normal carbon steel.
These are used for several applications, including transformers, power generators, motors, and others. The main end-users are electrical steel for automobiles, electrical steel for manufacturing, electrical steel for energy generation, electrical steel for household appliances, and others.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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