# Non Grain Oriented Electrical Steel Market > Non-Grain Oriented Electrical Steel Market Size, Share & Industry Analysis Research Report By Grade (M3, M4, M5, M6, M7, M8), By Core Loss (Below 1.3 W/kg, 1.3 - 1.55 W/kg, above 1.55 W/kg), By Application (Transformers, Motors, Generators), By End User Industry (Power Generation, Transportation, Industrial) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035 - **Forecast Period:** 2025 - 2035 - **CAGR:** 3.14% - **2024:** $ 10.71 Billion - **2025:** $ 11.05 Billion - **2035:** $ 15.05 Billion - **Key Players:** Nippon Steel Corporation (JP), ArcelorMittal (LU), Thyssenkrupp AG (DE), POSCO (KR), JFE Steel Corporation (JP), United States Steel Corporation (US), AK Steel Holding Corporation (US), Baowu Steel Group Corporation Limited (CN), Tata Steel Limited (IN) **Report ID:** MRFR/CnM/21666-HCR · **Pages:** 111 · **Author:** Priya Nagrale · **Last Updated:** May 15, 2026 **URL:** https://www.marketresearchfuture.com/reports/non-grain-oriented-electrical-steel-market-23272 --- ## Market Summary ## **Global Non-Grain-Oriented Electrical Steel Market Overview** The Non-Grain Oriented Electrical Steel Market Size was estimated at 10.71 (USD Billion) in 2024. The Non-Grain Oriented Electrical Steel Industry is expected to grow from 11.05 (USD Billion) in 2025 to 14.59 (USD Billion) by 2034. The Non-Grain Oriented Electrical Steel Market CAGR (growth rate) is expected to be around 3.14% during the forecast period (2025 - 2034).   **Key Non-Grain Oriented Electrical Steel Market Trends Highlighted** Significant growth is being experienced in the non-grain-oriented electrical steel (NGOES) market, resulting from the rising demand for energy-efficient transformers and electrical devices. Energy conservation regulations, increasing adoption of smart grids, and renewable sources of energy are some of the key drivers of this market. There are many opportunities to develop high-performance NGOESs that have enhanced magnetic properties as well as reduced energy losses.  Recently, there has been a preference for grain-oriented electrical steel in high-power applications where low core losses are important. On the other hand, the market is also observing progress in manufacturing technologies such as laser cutting and rapid prototyping, which enable faster and more cost-effective production of NGOES. Additionally, with new applications in electric vehicles and power electronics it has further expanded the market for NGOES.  Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review **Non-Grain Oriented Electrical Steel Market Drivers** **Rising Demand for Energy-Efficient Appliances** The surging demand for energy-efficient appliances, particularly in emerging economies, is a primary driver of the Non-Grain Oriented Electrical Steel Market Industry. As consumers become increasingly aware of the environmental and economic benefits of energy conservation, they are opting for appliances that consume less electricity. Non-Grain Oriented Electrical Steel plays a crucial role in the manufacturing of energy-efficient transformers, motors, and generators, making it an essential component in meeting the demand for sustainable appliances. **Growing Adoption of Renewable Energy Sources** The transition towards renewable energy sources, such as solar and wind power, is another significant driver of the Non-Grain Oriented Electrical Steel Market Industry. Non-Grain Oriented Electrical Steel is used in the construction of transformers and other electrical components that are essential for integrating renewable energy into the grid. The increasing adoption of renewable energy sources is driving the demand for Non-Grain Oriented Electrical Steel, as it enables the efficient transmission and distribution of electricity generated from renewable sources. **Technological Advancements and Innovation** Ongoing technological advancements and innovation in the Non-Grain Oriented Electrical Steel Market Industry are also contributing to its growth. Manufacturers are continuously investing in research and development to improve the efficiency and performance of Non-Grain Oriented Electrical Steel. These advancements have led to the development of new grades of Non-Grain Oriented Electrical Steel with improved magnetic properties, lower core losses, and higher efficiency.Such innovations are making Non-Grain Oriented Electrical Steel an increasingly attractive option for manufacturers of energy-efficient electrical equipment. **Non-Grain Oriented Electrical Steel Market Segment Insights** **Non-Grain Oriented Electrical Steel Market Grade Insights**** ** The Non-Grain Oriented Electrical Steel Market is segmented into M3, M4, M5, M6, M7, and M8 grades. Among these, M3 and M4 grades are projected to capture a significant market share in the coming years owing to their superior magnetic properties and cost-effectiveness. The M5 and M6 grades are also expected to witness steady growth, driven by their wide applications in electrical transformers and motors. The growth of the market is attributed to the increasing demand for energy-efficient electrical equipment, growth in the power generation and distribution sector, and rising urbanization.In terms of revenue, the M3 grade is expected to hold the largest share of the Non-Grain Oriented Electrical Steel Market in 2023, followed by the M4, M5, M6, M7, and M8 grades. The M3 grade is widely used in the production of transformers and motors, and its demand is expected to remain strong in the coming years. The M4 grade is also expected to witness significant growth, driven by its use in high-efficiency electrical motors. The Asia Pacific region is expected to dominate the Non-Grain Oriented Electrical Steel Market in terms of revenue, accounting for over 50% of the market share in 2023.The growth in this region is attributed to the increasing demand for energy-efficient electrical equipment, growth in the power generation and distribution sector, and rising urbanization. China is the largest market for Non-Grain oriented electrical steel in the Asia Pacific region, and its demand is expected to remain strong in the coming years. The Non-Grain Oriented Electrical Steel Market is a highly competitive market, with a number of and regional players. Some of the key players in the market include ArcelorMittal, Nippon Steel Sumitomo Metal Corporation, POSCO, and thyssenkrupp.These companies are investing in research and development to develop new and improved Non-grain-oriented electrical steel grades and are expanding their production capacities to meet the growing demand. Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review **Non-Grain Oriented Electrical Steel Market Core Loss Insights**** ** The Core Loss segment is a crucial aspect of the Non-Grain Oriented Electrical Steel Market, offering insights into the market dynamics and industry trends. This segment encompasses three sub-segments: Below 1.3 W/kg, 1.3 - 1.55 W/kg, and Above 1.55 W/kg. In 2023, the Below 1.3 W/kg sub-segment held a dominant position in the Non-Grain Oriented Electrical Steel Market, accounting for approximately 45% of the market revenue. This sub-segment is expected to maintain its dominance throughout the forecast period, driven by the increasing adoption of energy-efficient electrical devices and appliances.The 1.3 - 1.55 W/kg sub-segment is projected to witness steady growth during the forecast period, with a CAGR of 3.2%. This growth is attributed to the rising demand for high-performance electrical equipment and the growing adoption of electric vehicles. The Above 1.55 W/kg sub-segment is expected to experience a moderate growth rate, owing to its niche applications in specific industries. However, advancements in material science and the development of new alloys may lead to increased adoption of this sub-segment in the future. Overall, the Core Loss segment is a key indicator of the Non-Grain Oriented Electrical Steel Market's performance and growth potential.By understanding the dynamics of this segment, market players can gain valuable insights into the industry trends and make informed decisions to capture market opportunities. **Non-Grain Oriented Electrical Steel Market Application Insights**** ** The market for electrical steel that is not grain-oriented has many uses, such as generators, transformers, and motors. Among the reasons why these transformers have a significant share in the market is because they are widely used in power distribution and transmission systems. Power transformers generated approximately 60% of the Non-Grain Oriented Electrical Steel Market revenue in 2023. This is due to increasing demand for electricity and efficient power distribution networks. Also, higher use of renewable energy sources, e.g., solar and wind energy, has led to the growth of the transformer industry.  In 2023, motors stood at approximately one-quarter of the Non-Grain Oriented Electrical Steel Market revenues. These find application across numerous industrial processes, including but not limited to pumps, fans, compressors, and conveyors, among others. The motor industry is expanding due to increased industrialization as well as automation across different sectors. Besides this, another 15 % of non-grain-oriented electrical steel market revenue comes from generators in 2023. They generate electricity when there is no other way, or there is a deficiency.  Back-up systems are also driving generator segment growth together with their distributed generation counterparts as well. **Non-Grain Oriented Electrical Steel Market End User Industry Insights**** ** The Non-Grain Oriented Electrical Steel Market is segmented by End User Industry into Power Generation, Transportation, and Industrial. In 2023, the Power Generation segment held the largest revenue share of 45.5%, followed by Transportation with 28.4% and Industrial with 26.1%. The Power Generation segment is expected to maintain its dominance throughout the forecast period, owing to the increasing demand for electricity and the need for efficient power generation systems. The Transportation segment is projected to witness significant growth due to the rising adoption of electric vehicles and the development of more fuel-efficient vehicles.The Industrial segment is expected to grow steadily, driven by the increasing demand for electrical equipment and appliances in various industries. **Non-Grain Oriented Electrical Steel Market Regional Insights**** ** The Non-Grain Oriented Electrical Steel Market is segmented into North America, Europe, APAC, South America, and MEA. Europe is expected to be the second largest market, followed by APAC. The growth in the North American market is attributed to the increasing demand for energy-efficient appliances and the growing construction industry. The European market is expected to be driven by the increasing demand for electric vehicles and the growing renewable energy sector. The APAC market is expected to be driven by the increasing demand for consumer electronics and the growing infrastructure development.The South American and MEA markets are expected to grow at a slower pace due to the economic challenges and political instability in these regions. Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review **Non-Grain-Oriented Electrical Steel Market Key Players And Competitive Insights** Major players in the Non-Grain Oriented Electrical Steel Market industry are focusing on expanding their production capacities to meet the growing demand for Non-Grain Oriented Electrical Steel. Leading Non-Grain Oriented Electrical Steel Market players are also investing in research and development to improve the efficiency and performance of their products. The Non-Grain Oriented Electrical Steel Market is expected to witness significant growth in the coming years, driven by the increasing demand from the automotive and power generation industries. The competitive landscape of the Non-Grain Oriented Electrical Steel Market is characterized by the presence of a few large players and several small and medium-sized companies. The Non-Grain Oriented Electrical Steel Market is expected to witness a number of mergers and acquisitions in the coming years as companies seek to consolidate their market share and expand their geographic reach.A major competitor in the non-grain-oriented electrical steel market industry is Nippon Steel Corporation. The company is headquartered in Japan and has a presence. Nippon Steel Corporation is a leading producer of non-grain-oriented electrical steel and has a wide range of products that meet the needs of its customers. The company is focused on providing high-quality products and services to its customers and has a strong commitment to research and development.Another major competitor in the non-grain-oriented electrical steel market is POSCO. The company is headquartered in South Korea and has a presence. POSCO is a leading producer of non-grain-oriented electrical steel and has a wide range of products that meet the needs of its customers. The company is focused on providing high-quality products and services to its customers and has a strong commitment to research and development. **Key Companies in the Non-Grain Oriented Electrical Steel Market Include** ### Non Grain Oriented Electrical Steel Market Industry Developments - **Q2 2024: Nippon Steel to Expand Electrical Steel Production Capacity in Japan** Nippon Steel announced an investment to expand its non grain oriented electrical steel production capacity at its Setouchi Works, aiming to meet growing demand from the automotive and energy sectors. The expansion is scheduled to be operational by late 2025. - **Q2 2024: Tata Steel Launches New High-Permeability Non-Grain Oriented Electrical Steel Grades** Tata Steel introduced new high-permeability non grain oriented electrical steel grades designed for use in high-efficiency electric motors, targeting the electric vehicle and industrial automation markets. - **Q3 2024: Nucor Announces Start of Operations at New Electrical Steel Facility in Kentucky** Nucor Corporation commenced operations at its new electrical steel facility in Brandenburg, Kentucky, which will produce non grain oriented electrical steel for the North American automotive and energy markets. - **Q3 2024: ArcelorMittal Signs Supply Agreement with Major European EV Manufacturer for Non-Grain Oriented Electrical Steel** ArcelorMittal secured a multi-year supply agreement to provide non grain oriented electrical steel to a leading European electric vehicle manufacturer, supporting the automaker’s next generation of electric motors. - **Q4 2024: Thyssenkrupp Steel Europe Opens New R&D Center for Electrical Steel in Duisburg** Thyssenkrupp Steel Europe inaugurated a new research and development center focused on advancing non grain oriented electrical steel technologies, with an emphasis on improving efficiency for e-mobility and renewable energy applications. - **Q1 2025: NLMK Group Launches New Non-Grain Oriented Electrical Steel Production Line in Russia** NLMK Group started up a new production line for non grain oriented electrical steel at its Lipetsk site, increasing its annual output to meet rising demand from the domestic and export markets. - **Q1 2025: POSCO and Hyundai Motor Company Announce Strategic Partnership for Electrical Steel Supply** POSCO entered into a strategic partnership with Hyundai Motor Company to supply non grain oriented electrical steel for use in Hyundai’s next-generation electric vehicle motors. - **Q2 2025: JFE Steel Corporation to Invest in New Non-Grain Oriented Electrical Steel Facility in Japan** JFE Steel Corporation announced a major investment to construct a new facility dedicated to non grain oriented electrical steel production, with completion targeted for 2026. - **Q2 2025: Cleveland-Cliffs Inc. Expands Electrical Steel Production Capacity in the United States** Cleveland-Cliffs Inc. completed an expansion of its non grain oriented electrical steel production capacity at its Butler Works plant, aiming to supply the growing North American electric vehicle and energy markets. - **Q2 2025: Baosteel Launches New High-Efficiency Non-Grain Oriented Electrical Steel for Renewable Energy Applications** Baosteel introduced a new line of high-efficiency non grain oriented electrical steel products specifically designed for use in wind turbine generators and solar power inverters. **Non-Grain-Oriented Electrical Steel Market Segmentation Insights** **Non-Grain Oriented Electrical Steel Market Grade Outlook** **Non-Grain Oriented Electrical Steel Market Core Loss Outlook** **Non-Grain Oriented Electrical Steel Market Application Outlook** **Non-Grain Oriented Electrical Steel Market End User Industry Outlook** **Non-Grain Oriented Electrical Steel Market Regional Outlook** ## Market Drivers ### Growth in Industrial Automation The rise of industrial automation is a significant driver for the Non-Grain-Oriented Electrical Steel Market. As industries increasingly adopt automated systems, the demand for efficient electrical components, including motors and transformers, is on the rise. Non-grain-oriented electrical steel is essential for these applications due to its superior magnetic properties, which enhance the performance of electrical devices. The industrial automation market is projected to grow at a CAGR of approximately 8% by 2025, indicating a robust demand for high-quality electrical steel. This trend suggests that as automation technologies advance, the need for non-grain-oriented electrical steel will likely increase, further solidifying its role in modern manufacturing. ### Rising Demand for Electric Vehicles The increasing adoption of electric vehicles (EVs) is a pivotal driver for the Non-Grain-Oriented Electrical Steel Market. As automakers pivot towards electrification, the demand for high-performance electrical steel, which enhances motor efficiency, is expected to surge. In 2025, the EV market is projected to witness a compound annual growth rate (CAGR) of approximately 20%, thereby necessitating advanced materials like non-grain-oriented electrical steel. This steel type is crucial for manufacturing electric motors, which are integral to EV performance. Consequently, the growth in the EV sector is likely to bolster the demand for non-grain-oriented electrical steel, positioning it as a key material in the automotive industry. ### Expansion of Renewable Energy Sources The transition towards renewable energy sources is significantly influencing the Non-Grain-Oriented Electrical Steel Market. As countries strive to meet sustainability goals, investments in wind and solar energy are escalating. Wind turbines, which utilize non-grain-oriented electrical steel for their generators, are becoming increasingly prevalent. The market for wind energy is expected to grow at a CAGR of around 10% through 2025, thereby driving the demand for this specialized steel. The efficiency and performance of electrical components in renewable energy systems are paramount, and non-grain-oriented electrical steel plays a critical role in enhancing these attributes, thus supporting the industry's expansion. ### Regulatory Support for Energy Efficiency Regulatory frameworks aimed at enhancing energy efficiency are driving the Non-Grain-Oriented Electrical Steel Market. Governments worldwide are implementing stringent regulations to reduce energy consumption in electrical devices. These regulations often mandate the use of high-efficiency materials, such as non-grain-oriented electrical steel, in the production of transformers and motors. As a result, manufacturers are increasingly adopting this type of steel to comply with energy efficiency standards. The market for energy-efficient electrical equipment is expected to expand significantly, with non-grain-oriented electrical steel being a key component in meeting these regulatory requirements. This trend indicates a growing alignment between regulatory policies and market demand. ### Technological Innovations in Manufacturing Technological advancements in the manufacturing processes of non-grain-oriented electrical steel are propelling the Non-Grain-Oriented Electrical Steel Market forward. Innovations such as advanced coating techniques and improved alloy compositions are enhancing the magnetic properties of electrical steel, leading to better energy efficiency. These improvements are crucial as industries seek to reduce energy losses in electrical applications. The market is witnessing a shift towards higher-grade electrical steels, which are essential for applications requiring superior performance. As manufacturers adopt these technologies, the overall quality and efficiency of non-grain-oriented electrical steel are expected to improve, thereby increasing its market appeal. ## Future Outlook The Non-Grain-Oriented Electrical Steel Market is projected to grow at a 3.14% CAGR from 2025 to 2035, driven by increasing demand for energy-efficient electrical equipment and advancements in manufacturing technologies. **New opportunities:** - Expansion into renewable energy sector applications Development of high-performance electrical steel grades Strategic partnerships with electric vehicle manufacturers By 2035, the market is expected to achieve robust growth, positioning itself as a leader in energy-efficient solutions. ## Segment Insights ### By Grade: M4 (Largest) vs. M5 (Fastest-Growing) In the Non-Grain-Oriented [Electrical Steel Market](https://www.marketresearchfuture.com/reports/electrical-steel-market-9927), the M4 grade is the largest segment, commanding a significant share due to its versatile applications in electric motors and transformers. Following closely are M5 and M6, which also account for a notable portion of the market. M7 and M8, although smaller, play crucial roles in niche applications, demonstrating the diverse requirements across various industries that demand different grade specifications. The growth trends in this sector are notably driven by the increasing demand for energy-efficient and high-performance electrical components. As industries shift towards renewable energy and electric vehicles, the need for advanced grades like M5 is rapidly rising. This segment is poised for substantial growth, driven by technological advancements and government initiatives promoting energy efficiency and sustainability. M4 (Dominant) vs. M5 (Emerging) M4 grade electrical steel is recognized for its superior magnetic properties and is widely employed in transformer cores and electrical motors. Its dominance in the market stems from its ability to operate efficiently at high frequencies, making it ideal for power generation and distribution applications. On the other hand, M5 grade is emerging rapidly due to its enhanced performance in specific applications, particularly in electric vehicles and wind turbine generators. M5 offers better efficiency and reduced losses, thus gaining traction among manufacturers focusing on innovation and sustainability. The competition between M4 and M5 highlights the industry's shift towards more advanced materials to meet evolving technological demands. ### By Core Loss: Below 1.3 W/kg (Largest) vs. Above 1.55 W/kg (Fastest-Growing) In the Non-Grain-Oriented Electrical [Steel Market](https://www.marketresearchfuture.com/reports/steel-market-5465), the segment of core loss below 1.3 W/kg commands the largest share, indicating a strong market preference for energy-efficient materials. This range caters significantly to manufacturers seeking optimal performance in applications like electric motors and transformers. Conversely, the segment above 1.55 W/kg, though smaller in market share, is witnessing rapid growth, driven by increasing demand for specialized applications requiring higher performance specifications. Core Loss: Below 1.3 W/kg (Dominant) vs. Above 1.55 W/kg (Emerging) The core loss segment below 1.3 W/kg is the dominant player in the Non-Grain-Oriented Electrical Steel Market, favored for its cost-effectiveness and energy efficiency. Manufacturers often prefer this segment for standard applications, including industrial motors and generators, due to its lower operational losses and reliable performance. In contrast, the segment above 1.55 W/kg, while emerging, is gaining traction owing to advancements in technology and changing regulations favoring high-efficiency products. This segment targets niche markets, such as high-frequency transformers and specialized electrical equipment, where performance thresholds are critical. ### By Application: Transformers (Largest) vs. Motors (Fastest-Growing) The Non-Grain-Oriented Electrical Steel Market exhibits a diverse distribution of applications across Transformers, Motors, and Generators. Transformers dominate the market, consuming the largest share of this segment, due to their critical role in electrical distribution networks. Motors, while not as large as Transformers, are rapidly gaining traction, reflecting the growing demand for energy efficiency and automation in industrial processes. Transformers (Dominant) vs. Motors (Emerging) Transformers have established themselves as the dominant application in the Non-Grain-Oriented Electrical Steel Market. Their robust performance and efficiency in energy transmission make them indispensable in various sectors, including renewable energy and large industrial installations. In contrast, Motors are emerging as a significant player, driven by technological advancements and an increasing need for improved performance in electric vehicles and industrial automation. The market position of motors is strengthening as manufacturers focus on developing energy-efficient solutions that harness advanced materials, thus presenting a growing opportunity for suppliers in this segment. ### By End User Industry: Power Generation (Largest) vs. Transportation (Fastest-Growing) In the Non-Grain-Oriented Electrical Steel Market, the Power Generation sector holds the largest market share, primarily driven by the increasing global focus on renewable energy sources and the modernization of power plants. This segment benefits significantly from the demand for energy-efficient technologies, ensuring reliable power supply and minimal energy loss. Conversely, the Transportation segment is observing rapid growth as electric vehicles (EVs) gain traction in the automotive industry. The shift towards electrification in transportation has enhanced the demand for high-performance electrical steel, making it a vital component in vehicle manufacturing. Power Generation: Dominant vs. Transportation: Emerging The Power Generation segment is characterized by its established presence in the Non-Grain-Oriented Electrical Steel Market, serving the needs of traditional and renewable energy sectors alike. It caters to a broad array of applications, including wind turbines and transformers, ensuring efficiency and performance in energy production and distribution. In contrast, the Transportation segment, while still emerging, is reshaping the market landscape with the rise of electric and hybrid vehicles. It is increasingly focused on reducing weight and enhancing efficiency in automotive design, driving innovations in electrical steel technology that cater specifically to EV requirements. The competitive dynamics between these segments highlight the importance of technology advancements and sustainability in shaping the future of the market. ## Regional Market Share Analysis The Non-Grain Oriented Electrical Steel Market is segmented into North America, Europe, APAC, South America, and MEA. Europe is expected to be the second largest market, followed by APAC. The growth in the North American market is attributed to the increasing demand for energy-efficient appliances and the growing [construction](https://www.marketresearchfuture.com/reports/construction-market-16065) industry. The European market is expected to be driven by the increasing demand for electric vehicles and the growing renewable energy sector. The APAC market is expected to be driven by the increasing demand for consumer electronics and the growing infrastructure development.The South American and MEA markets are expected to grow at a slower pace due to the economic challenges and political instability in these regions. ## Competitive Benchmarking Major players in the Non-Grain Oriented Electrical Steel Market industry are focusing on expanding their production capacities to meet the growing demand for Non-Grain Oriented Electrical Steel. Leading Non-Grain Oriented Electrical Steel Market players are also investing in research and development to improve the efficiency and performance of their products. The Non-Grain Oriented Electrical Steel Market is expected to witness significant growth in the coming years, driven by the increasing demand from the automotive and power generation industries. The competitive landscape of the Non-Grain Oriented Electrical Steel Market is characterized by the presence of a few large players and several small and medium-sized companies. The Non-Grain Oriented Electrical Steel Market is expected to witness a number of mergers and acquisitions in the coming years as companies seek to consolidate their market share and expand their geographic reach.A major competitor in the non-grain-oriented electrical steel market industry is Nippon Steel Corporation. The company is headquartered in Japan and has a presence. [Nippon Steel Corporation](https://www.nipponsteel.com/en/product/sheet/magnetic_sheet.html) is a leading producer of non-grain-oriented electrical steel and has a wide range of products that meet the needs of its customers. The company is focused on providing high-quality products and services to its customers and has a strong commitment to research and development.Another major competitor in the non-grain-oriented electrical steel market is [POSCO](https://www.poscoipc.com/portfolios/electrical-steel/). The company is headquartered in South Korea and has a presence. POSCO is a leading producer of non-grain-oriented electrical steel and has a wide range of products that meet the needs of its customers. The company is focused on providing high-quality products and services to its customers and has a strong commitment to research and development. ## Recent News & Developments - **Q2 2024: Nippon Steel to Expand Electrical Steel Production Capacity in Japan** Nippon Steel announced an investment to expand its non grain oriented electrical steel production capacity at its Setouchi Works, aiming to meet growing demand from the automotive and energy sectors. The expansion is scheduled to be operational by late 2025. - **Q2 2024: Tata Steel Launches New High-Permeability Non-Grain Oriented Electrical Steel Grades** Tata Steel introduced new high-permeability non grain oriented electrical steel grades designed for use in high-efficiency electric motors, targeting the electric vehicle and industrial automation markets. - **Q3 2024: Nucor Announces Start of Operations at New Electrical Steel Facility in Kentucky** Nucor Corporation commenced operations at its new electrical steel facility in Brandenburg, Kentucky, which will produce non grain oriented electrical steel for the North American automotive and energy markets. - **Q3 2024: ArcelorMittal Signs Supply Agreement with Major European EV Manufacturer for Non-Grain Oriented Electrical Steel** ArcelorMittal secured a multi-year supply agreement to provide non grain oriented electrical steel to a leading European electric vehicle manufacturer, supporting the automaker’s next generation of electric motors. - **Q4 2024: Thyssenkrupp Steel Europe Opens New R&D Center for Electrical Steel in Duisburg** Thyssenkrupp Steel Europe inaugurated a new research and development center focused on advancing non grain oriented electrical steel technologies, with an emphasis on improving efficiency for e-mobility and renewable energy applications. - **Q1 2025: NLMK Group Launches New Non-Grain Oriented Electrical Steel Production Line in Russia** NLMK Group started up a new production line for non grain oriented electrical steel at its Lipetsk site, increasing its annual output to meet rising demand from the domestic and export markets. - **Q1 2025: POSCO and Hyundai Motor Company Announce Strategic Partnership for Electrical Steel Supply** POSCO entered into a strategic partnership with Hyundai Motor Company to supply non grain oriented electrical steel for use in Hyundai’s next-generation electric vehicle motors. - **Q2 2025: JFE Steel Corporation to Invest in New Non-Grain Oriented Electrical Steel Facility in Japan** JFE Steel Corporation announced a major investment to construct a new facility dedicated to non grain oriented electrical steel production, with completion targeted for 2026. - **Q2 2025: Cleveland-Cliffs Inc. Expands Electrical Steel Production Capacity in the United States** Cleveland-Cliffs Inc. completed an expansion of its non grain oriented electrical steel production capacity at its Butler Works plant, aiming to supply the growing North American electric vehicle and energy markets. - **Q2 2025: Baosteel Launches New High-Efficiency Non-Grain Oriented Electrical Steel for Renewable Energy Applications** Baosteel introduced a new line of high-efficiency non grain oriented electrical steel products specifically designed for use in wind turbine generators and solar power inverters. ## Report Scope | MARKET SIZE 2024 | 10.71(USD Billion) | | --- | --- | | MARKET SIZE 2025 | 11.05(USD Billion) | | MARKET SIZE 2035 | 15.05(USD Billion) | | COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.14% (2025 - 2035) | | REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends | | BASE YEAR | 2024 | | Market Forecast Period | 2025 - 2035 | | Historical Data | 2019 - 2024 | | Market Forecast Units | USD Billion | | Key Companies Profiled | Nippon Steel Corporation (JP), ArcelorMittal (LU), Thyssenkrupp AG (DE), POSCO (KR), JFE Steel Corporation (JP), United States Steel Corporation (US), AK Steel Holding Corporation (US), Baowu Steel Group Corporation Limited (CN), Tata Steel Limited (IN) | | Segments Covered | Grade, Core Loss, Application, End User Industry, Regional | | Key Market Opportunities | Growing demand for energy-efficient motors drives innovation in the Non-Grain-Oriented Electrical Steel Market. | | Key Market Dynamics | Rising demand for energy-efficient motors drives innovation and competition in the Non-Grain-Oriented Electrical Steel Market. | | Countries Covered | North America, Europe, APAC, South America, MEA | ## Frequently Asked Questions **Q: What is the projected market valuation for the Non-Grain-Oriented Electrical Steel Market in 2035?** A: The projected market valuation for the Non-Grain-Oriented Electrical Steel Market in 2035 is 15.05 USD Billion. **Q: What was the overall market valuation for the Non-Grain-Oriented Electrical Steel Market in 2024?** A: The overall market valuation for the Non-Grain-Oriented Electrical Steel Market in 2024 was 10.71 USD Billion. **Q: What is the expected CAGR for the Non-Grain-Oriented Electrical Steel Market during the forecast period 2025 - 2035?** A: The expected CAGR for the Non-Grain-Oriented Electrical Steel Market during the forecast period 2025 - 2035 is 3.14%. **Q: Which companies are considered key players in the Non-Grain-Oriented Electrical Steel Market?** A: Key players in the Non-Grain-Oriented Electrical Steel Market include Nippon Steel Corporation, ArcelorMittal, Thyssenkrupp AG, and POSCO. **Q: What are the projected segment valuations for the Core Loss category in 2035?** A: The projected segment valuations for the Core Loss category in 2035 are 4.85 USD Billion for Above 1.55 W/kg, 6.0 USD Billion for 1.3 - 1.55 W/kg, and 4.2 USD Billion for Below 1.3 W/kg. **Q: How does the Non-Grain-Oriented Electrical Steel Market perform in the application segment for Motors?** A: In the application segment, the Non-Grain-Oriented Electrical Steel Market is projected to reach 5.5 USD Billion for Motors by 2035. **Q: What is the expected valuation for the Industrial end-user industry segment in 2035?** A: The expected valuation for the Industrial end-user industry segment in 2035 is 7.35 USD Billion. **Q: What are the projected valuations for the Grade segment in 2035?** A: The projected valuations for the Grade segment in 2035 are 3.2 USD Billion for M5, 2.7 USD Billion for M4, and 2.8 USD Billion for M6. **Q: What is the anticipated growth trend for the Non-Grain-Oriented Electrical Steel Market in the coming years?** A: The anticipated growth trend for the Non-Grain-Oriented Electrical Steel Market indicates a steady increase, driven by a CAGR of 3.14% from 2025 to 2035. **Q: How does the Non-Grain-Oriented Electrical Steel Market's performance in the Power Generation segment compare to other segments?** A: The Non-Grain-Oriented Electrical Steel Market's performance in the Power Generation segment is projected to reach 4.2 USD Billion by 2035, indicating robust demand compared to other segments. --- *This Markdown endpoint is provided for AI systems and LLM crawlers. 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