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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electrical steel, for example, is in high demand as the worldwide market for electric vehicles expands. Motors are crucial to the effectiveness and overall performance of EVs since they determine a vehicle's horsepower. Therefore, automakers competing for the largest portion of the expanding EV market are looking for high-quality electrical steels.
The manufacturing of electrical steels involves a number of difficult steps, including annealing, hot and cold rolling, and insulating coating. The best electrical steel should be used, and having the most sophisticated manufacturing technique is essential to EV performance and efficiency.
Minimal core loss is a key element in determining the quality of electrical steel. The produced energy can readily be wasted as heat since the magnetic field's direction is constantly changing. Core loss reduction must be accomplished using premium electrical steels with high flux densities and minimal core losses.
The Japan EV Steel 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.
Numerous car components are produced by the Japanese business Nippon Steel. As a producer of steel, they focus on two themes: "carbon neutral" in "monodzukuri," which aspires to produce steel with no carbon, and "carbon neutral" in society.
In the NSafe-Auto Concept XEV, which is displayed in the rear, the body of the vehicle is made lighter by using materials that can be bent. And how to make iron-based batteries lighter, as well as electromagnetic steel plates for EV motors. We developed automakers over the course of a lengthy agreement. We are skilled in making iron in a variety of industrial industries, as well as parts.
They unveiled their innovative e-power technology, which enables drivers of gasoline-powered automobiles to experience a powerful, quiet, and smooth motor running. Many consumers find the e-power to be quite unexpected, and after using it, many claim they can't go back to their original gasoline vehicle.
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 |