Non-Grain Oriented Electrical Steel Market Forecasts to 2028 - Global Analysis By Type (Semi Processed and Fully Processed), Thickness (0.35 mm, 0.5 mm, 0.65 mm and Other Thicknesses), Application (Automotive, Aviation, Filters, Home Appliances and Other Applications) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $17.5 BN |
|
Projected Year Value (2028) |
US $26.4 BN |
|
CAGR (2022 - 2028) |
7.1% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Non-Grain Oriented Electrical Steel Market is accounted for $17.5 billion in 2022 and is expected to reach $26.4 billion by 2028 growing at a CAGR of 7.1% during the forecast period. The fully processed steel, also referred to as non-grain oriented electrical steel, uses an iron-silicon alloy with varying silicon concentrations and the same magnetic properties in all directions of the sheet's plan. Due to its strong magnetic properties and ability to produce strong magnetic fields, it makes a great material for electrical energy transfer machinery. Non-grain-oriented electric steel is used to manufacture electrical equipments and electromechanical components.
According to the World Steel Association, there are over 3,500 different grades of steel, encompassing unique physical, chemical, and environmental properties.
Market Dynamics:
Driver:
Growing demand from several industries
Non-grain-oriented steel, which provides a stronger magnetic flux, high efficiency, and excellent punching workability, is a crucial magnetic and structural material. This qualifies it for use in the production of electrical instruments such as power generation motors, rotors, and appliances. As a result, there is a huge demand for electrical steel due to the ongoing demand for power generation motors and rotors. Additionally, non-oriented grain electrical steel is superior to grain-oriented steel in that it offers improved punching performance and serves as a lubricant during stamping, making it suitable for large rotating equipment like AC alternators and power generators.
Restraint:
Application area restrictions
Not all electrical applications are suitable for non-grain-oriented electric steel. Its magnetic characteristics make it less suitable for devices requiring precise magnetic control or applications requiring high efficiency, low core losses, and excellent magnetic performance, such as power transformers operating at higher frequencies. In addition, hysteresis losses in non-grain-oriented electric steel are greater than in grain-oriented electric steel. This lowers the overall effectiveness of devices made with non-grain-oriented electric steel by increasing the amount of energy lost as heat during the magnetization and demagnetization cycles.
Opportunity:
Use of electric steel in HEVs is propelling
The expansion of the market is mainly driven by rising global automobile manufacturing. Cars are constructed using a wide range of materials. The increase in the use of hybrid electric vehicles (HEVs) globally is one of the main factors driving the global non-grain-oriented electrical steel market. The two main uses of non-grain-oriented electric steel are in high-frequency transformers and fast electric motors. Traction motors for HEVs also use it. HEVs are a trend that is gaining traction in the automotive sector.
Threat:
Higher manufacturing costs
When compared to grain-oriented electric steel, the manufacturing process for non-grain oriented electric steel entails more steps, including steps with a higher silicon content and more difficult annealing procedures. These extra steps may increase the cost of production, which could reduce the overall cost-effectiveness of using non-grain oriented electric steel in some applications and limit market growth.
Covid-19 Impact
The non-grain-oriented electrical steel market has been significantly impacted by the suspension of the steel industry as a result of limitations imposed by governments during the COVID-19 pandemic. The government also released new regulations for the factories affected by COVID-19. As a result, mining activities decreased which further disrupted the production of steel and had an effect on the end-use industries. The use of power generators was also reduced as a result of the limitations placed on business operations and the consequent decline in the demand for electrical power generation from commercial consumers. To further stop the spread of the virus, electrical steel producers decided to reduce production or temporarily shut down the manufacturing facilities.
The semi processed segment is expected to be the largest during the forecast period
Over the anticipated period, the semi-processed segment held the largest market share. The semi-processed type must be heat treated at the ideal temperature in order to achieve the desired microstructure. According to the steel's final use, this temperature may change. Manufacturers of electrical equipment are able to enhance the performance of electrical devices by modifying the final properties of electrical steel through heat treatment. Furthermore, the semi-processed type is also a preferred option for electrical device manufacturers who use it to create the stators and rotors of electric motors due to the high customization ability it offers.
The power generation segment is expected to have the highest CAGR during the forecast period
During the forecast period, the segment for power generation is expected to grow at the highest CAGR. In power transformers, small transformers, and distribution transformers, the product is primarily used in wound, punched sheets, and laminated forms. Due to high energy consumption, the demand for transformers is increasing, which is fueling the segment's expansion.
Region with largest share:
Asia-Pacific is predicted to hold the largest market share during the projection period. With major contributors like China and India, the Asia-Pacific region is home to a number of developing economies. Infrastructure is expected to be more in demand as these nations continue to grow economically. This includes the equipment needed for the production, transmission, and distribution of electricity. All of these different kinds of electrical equipment used in the electrical power infrastructure rely heavily on non-grain-oriented electrical steel.
Region with highest CAGR:
During the projection period, North America is expected to experience the highest growth rate. The demand for energy is high in the highly industrialized region of North America. The area's mature power generation and transmission infrastructure needs regular maintenance and improvement. Additionally, major industrial countries in the region pivot toward renewable energy, and the demand for non-grain-oriented electrical steel is anticipated to rise, creating new market growth opportunities.
Key players in the market
Some of the key players profiled in the Non-Grain Oriented Electrical Steel Market include AK Steel, Ansteel, Aperam S.A. , ArcelorMittal S.A. , Arnold Magnetic Technologie, Baosteel Group Corporation, Baowu, Benxi Steel Group Co., Ltd , CSC Steel Sdn. Bhd., Essar Steel, JFE Steel Corporation, Malaysia Steel Works Kl, Nippon Steel Corporation, Novolipetsk Steel, Nucor Corporation, Posco, Shougang Group, Steel Authority of India Limited, Tata Steel Ltd, Thyssen Krupp, United States Steel Corporation, Voestalpine AG and Yieh Corporation.
Key Developments:
In April 2023, Nippon Steel Obtained EcoLeaf Environmental Product Declaration for Steel Sheet Pile Products, EcoLeaf is an EPD(*) certification system that uses the Life Cycle Assessment (LCA) methodology to show quantitative environmental information covering the entire life cycle of a product, from the raw material supply, transportation, manufacturing, assembly, use, waste processing and recycling. This allows our customers to assess the environmental impact throughout the life cycles of the steel sheet pile products
In April 2023, Tata Steel has signed a business cooperation agreement with MN Dastur & Company Pvt. Ltd. to compliment capabilities in delivering end to end services from exploration of mineral reserves to Bankable Feasibility studies and detailed project reports with support in the area of engineering and infrastructure. MN Dastur shall also work with Tata Steel to deliver integrated projects spanning various minerals and geographies.
In March 2022, ArcelorMittal S.A. invested USD 317.90 million to establish the production plant for electrical steel at the Mardyck site located in northern France. The purpose of the investment is to increase production capacity to maximize revenue.
Types Covered:
• Semi Processed
• Fully Processed
Thicknesses Covered:
• 0.35 mm
• 0.5 mm
• 0.65 mm
• Other Thicknesses
Applications Covered:
• Automotive
• Aviation
• Filters
• Home Appliances
• Inductors
• Magnetic Bearings
• Motor
• Power generation
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Non-Grain Oriented Electrical Steel Market, By Type
5.1 Introduction
5.2 Semi Processed
5.3 Fully Processed
6 Global Non-Grain Oriented Electrical Steel Market, By Thickness
6.1 Introduction
6.2 0.35 mm
6.3 0.5 mm
6.4 0.65 mm
6.5 Other Thicknesses
7 Global Non-Grain Oriented Electrical Steel Market, By Application
7.1 Introduction
7.2 Automotive
7.3 Aviation
7.4 Filters
7.5 Home Appliances
7.6 Inductors
7.7 Magnetic Bearings
7.8 Motor
7.9 Power generation
7.10 Other Applications
8 Global Non-Grain Oriented Electrical Steel Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 AK Steel
10.2 Ansteel
10.3 Aperam S.A.
10.4 ArcelorMittal S.A.
10.5 Arnold Magnetic Technologies
10.6 Baosteel Group Corporation
10.7 Baowu
10.8 Benxi Steel Group Co., Ltd
10.9 CSC Steel Sdn. Bhd.
10.10 Essar Steel
10.11 JFE Steel Corporation
10.12 Malaysia Steel Works Kl
10.13 Nippon Steel Corporation
10.14 Novolipetsk Steel
10.15 Nucor Corporation
10.16 Posco
10.17 Shougang Group
10.18 Steel Authority of India Limited.
10.19 Tata Steel Ltd
10.20 Thyssen Krupp
10.21 United States Steel Corporation
10.22 Voestalpine AG
10.23 Yieh Corporation
List of Tables
1 Global Non-Grain Oriented Electrical Steel Market Outlook, By Region (2020-2028) ($MN)
2 Global Non-Grain Oriented Electrical Steel Market Outlook, By Type (2020-2028) ($MN)
3 Global Non-Grain Oriented Electrical Steel Market Outlook, By Semi Processed (2020-2028) ($MN)
4 Global Non-Grain Oriented Electrical Steel Market Outlook, By Fully Processed (2020-2028) ($MN)
5 Global Non-Grain Oriented Electrical Steel Market Outlook, By Thickness (2020-2028) ($MN)
6 Global Non-Grain Oriented Electrical Steel Market Outlook, By 0.35 mm (2020-2028) ($MN)
7 Global Non-Grain Oriented Electrical Steel Market Outlook, By 0.5 mm (2020-2028) ($MN)
8 Global Non-Grain Oriented Electrical Steel Market Outlook, By 0.65 mm (2020-2028) ($MN)
9 Global Non-Grain Oriented Electrical Steel Market Outlook, By Other Thicknesses (2020-2028) ($MN)
10 Global Non-Grain Oriented Electrical Steel Market Outlook, By Application (2020-2028) ($MN)
11 Global Non-Grain Oriented Electrical Steel Market Outlook, By Automotive (2020-2028) ($MN)
12 Global Non-Grain Oriented Electrical Steel Market Outlook, By Aviation (2020-2028) ($MN)
13 Global Non-Grain Oriented Electrical Steel Market Outlook, By Filters (2020-2028) ($MN)
14 Global Non-Grain Oriented Electrical Steel Market Outlook, By Home Appliances (2020-2028) ($MN)
15 Global Non-Grain Oriented Electrical Steel Market Outlook, By Inductors (2020-2028) ($MN)
16 Global Non-Grain Oriented Electrical Steel Market Outlook, By Magnetic Bearings (2020-2028) ($MN)
17 Global Non-Grain Oriented Electrical Steel Market Outlook, By Motor (2020-2028) ($MN)
18 Global Non-Grain Oriented Electrical Steel Market Outlook, By Power generation (2020-2028) ($MN)
19 Global Non-Grain Oriented Electrical Steel Market Outlook, By Other Applications (2020-2028) ($MN)
20 North America Non-Grain Oriented Electrical Steel Market Outlook, By Country (2020-2028) ($MN)
21 North America Non-Grain Oriented Electrical Steel Market Outlook, By Type (2020-2028) ($MN)
22 North America Non-Grain Oriented Electrical Steel Market Outlook, By Semi Processed (2020-2028) ($MN)
23 North America Non-Grain Oriented Electrical Steel Market Outlook, By Fully Processed (2020-2028) ($MN)
24 North America Non-Grain Oriented Electrical Steel Market Outlook, By Thickness (2020-2028) ($MN)
25 North America Non-Grain Oriented Electrical Steel Market Outlook, By 0.35 mm (2020-2028) ($MN)
26 North America Non-Grain Oriented Electrical Steel Market Outlook, By 0.5 mm (2020-2028) ($MN)
27 North America Non-Grain Oriented Electrical Steel Market Outlook, By 0.65 mm (2020-2028) ($MN)
28 North America Non-Grain Oriented Electrical Steel Market Outlook, By Other Thicknesses (2020-2028) ($MN)
29 North America Non-Grain Oriented Electrical Steel Market Outlook, By Application (2020-2028) ($MN)
30 North America Non-Grain Oriented Electrical Steel Market Outlook, By Automotive (2020-2028) ($MN)
31 North America Non-Grain Oriented Electrical Steel Market Outlook, By Aviation (2020-2028) ($MN)
32 North America Non-Grain Oriented Electrical Steel Market Outlook, By Filters (2020-2028) ($MN)
33 North America Non-Grain Oriented Electrical Steel Market Outlook, By Home Appliances (2020-2028) ($MN)
34 North America Non-Grain Oriented Electrical Steel Market Outlook, By Inductors (2020-2028) ($MN)
35 North America Non-Grain Oriented Electrical Steel Market Outlook, By Magnetic Bearings (2020-2028) ($MN)
36 North America Non-Grain Oriented Electrical Steel Market Outlook, By Motor (2020-2028) ($MN)
37 North America Non-Grain Oriented Electrical Steel Market Outlook, By Power generation (2020-2028) ($MN)
38 North America Non-Grain Oriented Electrical Steel Market Outlook, By Other Applications (2020-2028) ($MN)
39 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Country (2020-2028) ($MN)
40 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Type (2020-2028) ($MN)
41 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Semi Processed (2020-2028) ($MN)
42 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Fully Processed (2020-2028) ($MN)
43 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Thickness (2020-2028) ($MN)
44 Europe Non-Grain Oriented Electrical Steel Market Outlook, By 0.35 mm (2020-2028) ($MN)
45 Europe Non-Grain Oriented Electrical Steel Market Outlook, By 0.5 mm (2020-2028) ($MN)
46 Europe Non-Grain Oriented Electrical Steel Market Outlook, By 0.65 mm (2020-2028) ($MN)
47 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Other Thicknesses (2020-2028) ($MN)
48 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Application (2020-2028) ($MN)
49 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Automotive (2020-2028) ($MN)
50 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Aviation (2020-2028) ($MN)
51 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Filters (2020-2028) ($MN)
52 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Home Appliances (2020-2028) ($MN)
53 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Inductors (2020-2028) ($MN)
54 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Magnetic Bearings (2020-2028) ($MN)
55 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Motor (2020-2028) ($MN)
56 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Power generation (2020-2028) ($MN)
57 Europe Non-Grain Oriented Electrical Steel Market Outlook, By Other Applications (2020-2028) ($MN)
58 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Country (2020-2028) ($MN)
59 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Type (2020-2028) ($MN)
60 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Semi Processed (2020-2028) ($MN)
61 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Fully Processed (2020-2028) ($MN)
62 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Thickness (2020-2028) ($MN)
63 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By 0.35 mm (2020-2028) ($MN)
64 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By 0.5 mm (2020-2028) ($MN)
65 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By 0.65 mm (2020-2028) ($MN)
66 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Other Thicknesses (2020-2028) ($MN)
67 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Application (2020-2028) ($MN)
68 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Automotive (2020-2028) ($MN)
69 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Aviation (2020-2028) ($MN)
70 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Filters (2020-2028) ($MN)
71 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Home Appliances (2020-2028) ($MN)
72 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Inductors (2020-2028) ($MN)
73 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Magnetic Bearings (2020-2028) ($MN)
74 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Motor (2020-2028) ($MN)
75 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Power generation (2020-2028) ($MN)
76 Asia Pacific Non-Grain Oriented Electrical Steel Market Outlook, By Other Applications (2020-2028) ($MN)
77 South America Non-Grain Oriented Electrical Steel Market Outlook, By Country (2020-2028) ($MN)
78 South America Non-Grain Oriented Electrical Steel Market Outlook, By Type (2020-2028) ($MN)
79 South America Non-Grain Oriented Electrical Steel Market Outlook, By Semi Processed (2020-2028) ($MN)
80 South America Non-Grain Oriented Electrical Steel Market Outlook, By Fully Processed (2020-2028) ($MN)
81 South America Non-Grain Oriented Electrical Steel Market Outlook, By Thickness (2020-2028) ($MN)
82 South America Non-Grain Oriented Electrical Steel Market Outlook, By 0.35 mm (2020-2028) ($MN)
83 South America Non-Grain Oriented Electrical Steel Market Outlook, By 0.5 mm (2020-2028) ($MN)
84 South America Non-Grain Oriented Electrical Steel Market Outlook, By 0.65 mm (2020-2028) ($MN)
85 South America Non-Grain Oriented Electrical Steel Market Outlook, By Other Thicknesses (2020-2028) ($MN)
86 South America Non-Grain Oriented Electrical Steel Market Outlook, By Application (2020-2028) ($MN)
87 South America Non-Grain Oriented Electrical Steel Market Outlook, By Automotive (2020-2028) ($MN)
88 South America Non-Grain Oriented Electrical Steel Market Outlook, By Aviation (2020-2028) ($MN)
89 South America Non-Grain Oriented Electrical Steel Market Outlook, By Filters (2020-2028) ($MN)
90 South America Non-Grain Oriented Electrical Steel Market Outlook, By Home Appliances (2020-2028) ($MN)
91 South America Non-Grain Oriented Electrical Steel Market Outlook, By Inductors (2020-2028) ($MN)
92 South America Non-Grain Oriented Electrical Steel Market Outlook, By Magnetic Bearings (2020-2028) ($MN)
93 South America Non-Grain Oriented Electrical Steel Market Outlook, By Motor (2020-2028) ($MN)
94 South America Non-Grain Oriented Electrical Steel Market Outlook, By Power generation (2020-2028) ($MN)
95 South America Non-Grain Oriented Electrical Steel Market Outlook, By Other Applications (2020-2028) ($MN)
96 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Country (2020-2028) ($MN)
97 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Type (2020-2028) ($MN)
98 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Semi Processed (2020-2028) ($MN)
99 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Fully Processed (2020-2028) ($MN)
100 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Thickness (2020-2028) ($MN)
101 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By 0.35 mm (2020-2028) ($MN)
102 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By 0.5 mm (2020-2028) ($MN)
103 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By 0.65 mm (2020-2028) ($MN)
104 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Other Thicknesses (2020-2028) ($MN)
105 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Application (2020-2028) ($MN)
106 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Automotive (2020-2028) ($MN)
107 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Aviation (2020-2028) ($MN)
108 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Filters (2020-2028) ($MN)
109 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Home Appliances (2020-2028) ($MN)
110 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Inductors (2020-2028) ($MN)
111 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Magnetic Bearings (2020-2028) ($MN)
112 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Motor (2020-2028) ($MN)
113 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Power generation (2020-2028) ($MN)
114 Middle East & Africa Non-Grain Oriented Electrical Steel Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.