Global Non Grain-oriented Electrical Steel for Electric Vehicle Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Non-grain-oriented electrical steel (NGOES) for electric vehicles (EVs) is a specialized type of steel used in the manufacturing of electric motor cores, particularly for the motors in EV drivetrains. Unlike grain-oriented electrical steel, which has magnetic properties aligned in a specific direction to improve efficiency, non-grain-oriented steel is designed to maintain consistent magnetic performance in multiple directions, making it well-suited for applications where the magnetic field direction changes, such as in rotating motors. NGOES offers benefits like improved energy efficiency, reduced weight, and enhanced durability, which are critical for the performance and range of electric vehicles. It helps minimize energy losses during operation, contributing to the overall efficiency of the EV motor and supporting longer driving ranges. As the demand for electric vehicles increases, NGOES plays a key role in advancing motor technology, enabling better performance and supporting the transition to sustainable transportation.

According to WENKH research statistics, the global Non Grain-oriented Electrical Steel for Electric Vehicle market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Non Grain-oriented Electrical Steel for Electric Vehicle market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Non Grain-oriented Electrical Steel for Electric Vehicle market is highly competitive, with key market players including ThyssenKrupp, Voestalpine, TATA Steel, ArcelorMittal, Posco, Nippon Steel, JFE Steel, AK Steel, NLMK Group, Shougang, CSC, TISCO, Baowu, Ansteel, etc. This report categorizes the competitive landscape of the global Non Grain-oriented Electrical Steel for Electric Vehicle market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Non Grain-oriented Electrical Steel for Electric Vehicle market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Non Grain-oriented Electrical Steel for Electric Vehicle industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Non Grain-oriented Electrical Steel for Electric Vehicle and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Non Grain-oriented Electrical Steel for Electric Vehicle in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Non Grain-oriented Electrical Steel for Electric Vehicle market. By considering local policies, this report evaluates the market prospects of Non Grain-oriented Electrical Steel for Electric Vehicle in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

ThyssenKrupp

Voestalpine

TATA Steel

ArcelorMittal

Posco

Nippon Steel

JFE Steel

AK Steel

NLMK Group

Shougang

CSC

TISCO

Baowu

Ansteel

Product Segment

Medium and Low Grade

High Grade

Product Application

Battery Electric Vehicle

Hybrid Electric Vehicle

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Non Grain-oriented Electrical Steel for Electric Vehicle Industry Chain Analysis

Chapter 3: Global Non Grain-oriented Electrical Steel for Electric Vehicle Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global Non Grain-oriented Electrical Steel for Electric Vehicle Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 6: Global Non Grain-oriented Electrical Steel for Electric Vehicle Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 7: United States Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 8: China Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: Germany Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Japan Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: France Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: South Korea Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: United Kingdom Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: India Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: Italy Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Brazil Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Mexico Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Indonesia Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Vietnam Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: South Africa Non Grain-oriented Electrical Steel for Electric Vehicle Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: Research Conclusion

Chapter 22: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.