Us Non Grain-oriented Electrical Steel for Electric Vehicle Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Non Grain-oriented Electrical Steel for Electric Vehicle Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.2 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
US Non Grain-oriented Electrical Steel for Electric Vehicle Market
The electric vehicle (EV) industry is driving the demand for high-performance materials, and one key component of this transformation is non-grain-oriented electrical steel (NGOES). As the US EV market experiences rapid growth, the need for specialized steel used in electric motor cores is more critical than ever. NGOES is highly sought after for its superior magnetic properties and efficiency, making it an ideal material for electric vehicle motors, where efficiency and weight reduction are paramount.
NGOES is designed to perform well in electric motors by reducing energy loss due to magnetization reversal. Unlike traditional grain-oriented electrical steel, NGOES does not have a preferred grain direction, giving it a more uniform performance across multiple motor orientations. This is particularly beneficial for the electric vehicle industry, where motors often operate in various directions and conditions. As the market shifts towards electric mobility, the role of NGOES is expected to become even more important in improving motor performance, reducing energy consumption, and enhancing the overall sustainability of electric vehicles.
The US is a key player in the global NGOES market, with leading manufacturers ramping up production to meet the needs of the EV sector. Companies are investing in advanced production techniques to improve the magnetic properties of NGOES and increase its cost-effectiveness. For example, some companies are implementing cutting-edge manufacturing processes that enhance the steel's ability to handle higher frequencies, making it even more suitable for modern electric motors.
As electric vehicle adoption continues to grow, market projections indicate a sharp rise in the demand for NGOES. Analysts predict that this trend will continue through 2030 as automakers strive to improve vehicle efficiency and reduce weight. In parallel, the 100 Gigabit Fiber Optic Transceiver Market also stands poised for significant growth, highlighting the global shift towards more energy-efficient and advanced technologies. The synergy between these developments reflects a broader trend towards sustainable and efficient technologies in both transportation and communications sectors.
By focusing on enhancing the production of NGOES, US manufacturers are well-positioned to meet the rising demand for electric vehicles and continue leading in the clean energy transformation. As the EV market evolves, NGOES will play a crucial role in ensuring that electric motors are not only powerful but also efficient and environmentally friendly.
Get an In-Depth Research Analysis of the Global Non Grain-oriented Electrical Steel for Electric Vehicle Market Size And Forecast [2025-2032]
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ThyssenKrupp
Shougang
Voestalpine
TATA Steel
ArcelorMittal
CSC
TISCO
Posco
Nippon Steel
Baowu
Ansteel
Benxi Steel
JFE Steel
AK Steel
NLMK Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Non Grain-oriented Electrical Steel for Electric Vehicle Market
Silicon Steel
High Silicon Steel
Transformer Steel
Thin Gauge Electrical Steel
Specialty Electrical Steel
Electric Motor Systems
Power Electronics
Battery Management Systems
Charging Infrastructure
Regenerative Braking Systems
Sheets
Coils
Cut Plates
Custom Shapes
Stacked Laminations
Cold Rolled
Hot Rolled
Stamping
Laser Cutting
Annealing Processes
Thin (Below 0.5 mm)
Medium (0.5 mm - 2 mm)
Thick (Above 2 mm)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Non Grain-oriented Electrical Steel for Electric Vehicle Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Non Grain-oriented Electrical Steel for Electric Vehicle Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, By Type
6. Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, By Application
7. Global Non Grain-oriented Electrical Steel for Electric Vehicle Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Non Grain-oriented Electrical Steel for Electric Vehicle Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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