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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Non-oriented electrical steel sheets are made of Fe-Si or Fe-Si-Al alloys and are designed to create particular qualities. From the simplest home appliances to hybrid and all-electric automobiles, a variety of equipment uses non-oriented electrical steel sheets.
Non-oriented electrical steel sheets are made of Fe-Si or Fe-Si-Al alloys and are designed to create particular qualities. From the most basic home appliances to hybrid and all-electric automobiles, a vast variety of equipment uses non-oriented electrical steel sheets.
To improve the performance of the finished product, future efforts will concentrate on reducing residual elements in the steel, improving hot and cold rolling, and improving the development of the crystallographic texture.
Global non-oriented electrical steel(NOES) sheet 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.
In response to rising demand for environmentally friendly steel in the automotive and home appliance industries, South Korean steelmaker POSCO has started construction on a KRW1tr (USD800m) production facility for non-oriented electrical steel sheet at its Gwangyang steelworks, according to Nikkei Asia.
One of the essential components for increasing the energy efficiency of electric vehicles (EVs) and appliance motors is non-oriented electrical steel sheet. By 2025, POSCO intends to increase the material's annual manufacturing capacity at this location by a factor of four, to 400,000 tonnes.
Electrical steel sheets that are not orientated for EV manufacture, Baosteel produced 840,000 tonnes of oriented electrical steel and 2.71 million tonnes of non-oriented electrical steel sheets in 2020. With a 30% market share worldwide, it has developed into the largest provider in the world.
In addition, Baosteel has started building a new facility in Shanghai to produce non-oriented electrical steel sheets, with plans to start doing. By the new factory's output is anticipated to expand from 400,000 to 1 million tonnes annually, producing the components for million new energy cars.
A direct material input used in the production of electric motors for both hybrid and electric vehicles is NOES.Continuous insulation coating application is used in this technique to reduce eddy current losses, which are inversely correlated with sheet thickness.
The base coating on grain-oriented electrical steel, which is dark brown in colour and made of forsterite (Mg2SiO4), is followed by a transparent insulation coating made of phosphates. Depending on the intended use and the needs of the customer, there are numerous types of coatings available for electrical steel that is not grain-oriented.
| 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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