Market revenue in 2023 | USD 431.9 million |
Market revenue in 2030 | USD 692.9 million |
Growth rate | 7% (CAGR from 2023 to 2030) |
Largest segment | Non-grain oriented |
Fastest growing segment | Grain Oriented |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Grain Oriented, Non-Grain Oriented |
Key market players worldwide | ArcelorMittal SA Depository Receipt, Cleveland-Cliffs Inc, JFE Holdings Inc, Nippon Steel Corp, POSCO Holdings Inc ADR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrical steel market will help companies and investors design strategic landscapes.
Non-grain oriented was the largest segment with a revenue share of 71.61% in 2023. Horizon Databook has segmented the Italy electrical steel market based on grain oriented, non-grain oriented covering the revenue growth of each sub-segment from 2018 to 2030.
The trending investment in EVs in Italy is propelling the use of electrical steel in manufacturing motors. For instance, in Italy, in year 2021 Italy's automotive market has shown very positive growth compared to last year.
For instance, Fiat reported a growth of 844.9% followed by Volkswagen in second place, increasing sales by 491.1%. Thus, the growing sale of the automotive industry increases the use of raw materials which in turn is anticipated to drive the demand for electrical steel in the forthcoming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy electrical steel market , including forecasts for subscribers. This country databook contains high-level insights into Italy electrical steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account