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Non Grain Oriented Electrical Steel Market Size & Growth Forecast 2026–2035, By Segments (End Use), Regional Demand Trends (North America, Asia Pacific, Europe), Key Country Insights (U.S., Japan, South Korea, Germany, France, Italy), and Competitive Landscape

Report ID: FBI 11035| Published Date: Mar-2026| Format: PDF, Excel
MARKET OUTLOOK

Market Size and Growoth Outlook

Non Grain Oriented Electrical Steel Market size stood at USD 21.74 Billion in 2025 and is predicted to grow at a 4.9% CAGR from 2026 to 2035, attaining USD 35.08 Billion by 2035. The industry revenue for 2026 is calculated at USD 22.66 billion.

Base Year Value (2025)
USD 21.74 Billion
CAGR (2026-2035)
4.9%
Forecast Year Value (2035)
USD 35.08 Billion
Historical Data Period
2022-2025
Largest Region
Asia Pacific
Forecast Period
2026-2035

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SNAPSHOT

Non Grain Oriented Electrical Steel Market Intelligence Snapshot

Regional Market Dynamics

  • Asia Pacific leads due to its large manufacturing base, strong steel processing capacity, and dense production of motors, transformers, and automotive and industrial electrical equipment driving high-volume demand.
  • North America growth is driven by electrification-linked applications, rising demand for efficient motors and generators, equipment upgrades, and replacement cycles for non grain oriented electrical steel, at 5.59% CAGR.

Segment Momentum

  • Motors are the largest end-use segment because they rely on non grain oriented electrical steel for consistent multidirectional magnetic performance, supporting efficient operation across industrial equipment, appliances, and mobility applications.
  • Motors are also the fastest-growing segment as buyers increasingly prioritize higher motor efficiency, greater power density, and long-term operational durability, reinforcing demand for non grain oriented electrical steel.

Market Expansion Drivers

  • Rapid EV motor production increasing demand for high-efficiency electrical steel materials.
  • Expanding wind energy infrastructure driving NGOES adoption in generators and transformers.
  • Industrial motor efficiency upgrades accelerating replacement demand for advanced electrical steel grades.

Leading Market Participants

FORECAST SNAPSHOT

Global Market Forecast Snapshot

Market Outlook

Major players in the non grain oriented electrical steel market include Nippon Steel Corporation (Japan), POSCO Holdings Inc. (South Korea), Baoshan Iron & Steel Co., Ltd. (China), ArcelorMittal S.A. (Luxembourg), JFE Steel Corporation (Japan), thyssenkrupp AG (Germany), Cleveland-Cliffs Inc. (United States), Nucor Corporation (United States), Voestalpine AG (Austria), Aperam S.A. (Luxembourg).

Regional and Segment Outlook

Asia Pacific
MARKET DYNAMICS

Market Growth Drivers and Industry Trends

Rapid EV motor production increasing demand for high-efficiency electrical steel materials

As EV production scales, motor manufacturers are placing tighter emphasis on torque density, energy efficiency, and thermal performance, which directly increases the use of advanced grades in the non grain oriented electrical steel market. Non grain oriented electrical steel is a core material in traction motors because magnetic losses and permeability materially affect vehicle range, power output, and motor compactness. This pushes automakers and tier-one suppliers to secure steel grades that support higher rotational speeds and improved electromagnetic performance, increasing demand for the non grain oriented electrical steel market through qualification programs, long-term sourcing agreements, and a broader shift toward premium material specifications in motor design.

Expanding wind energy infrastructure driving NGOES adoption in generators and transformers

The buildout of wind power capacity is strengthening market development for the non grain oriented electrical steel market by increasing material requirements for generator cores and associated electrical equipment. Wind turbine manufacturers and component suppliers depend on steel with stable magnetic performance and low core loss to improve conversion efficiency and reliability under variable operating loads. As projects move from pilot installations to larger commercial deployments, procurement shifts toward higher-volume and more standardized sourcing of NGOES, while grid connection infrastructure also raises demand for transformer applications that rely on efficient magnetic materials.

Industrial motor efficiency upgrades accelerating replacement demand for advanced electrical steel grades

Rising pressure to reduce industrial power consumption is influencing market adoption in the non grain oriented electrical steel market through motor retrofits and replacement cycles focused on efficiency gains. Plant operators replacing older motors are not just buying new equipment; they are moving toward designs that use better-performing electrical steel to lower energy loss, manage operating temperatures, and improve lifecycle economics in continuous-duty applications. This changes purchasing behavior for OEMs and motor assemblers, who increasingly specify advanced NGOES grades as efficiency standards tighten and end users prioritize operating cost reductions over the lowest upfront material cost.

Growth Driver Impact on CAGR Regulatory Influence Geographic Relevance Adoption Rate Impact Timeline
Rapid EV motor production increasing demand for high-efficiency electrical steel materials 2.00% High Asia Pacific, Europe High Near Term
Expanding wind energy infrastructure driving NGOES adoption in generators and transformers 1.70% High Europe, Asia Pacific High Mid Term
Industrial motor efficiency upgrades accelerating replacement demand for advanced electrical steel grades 1.30% Moderate North America, Asia Pacific Medium Mid Term
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REGIONAL FORECAST

Regional Demand Dynamics

Polymer Modified Bitumen Market
Largest Region
Asia Pacific
XX% Market Share in 2025
Asia Pacific (Largest Region) vs North America (Fastest-Growing Region)

Asia Pacific held the largest regional share of the non grain oriented electrical steel market in 2025, bolstered by its broad manufacturing base and deep integration across the electrical equipment and automotive value chain. Regional leadership is sustained by the concentration of steel processing capacity, high-volume production of motors and transformers, and steady downstream demand from industrial machinery and vehicle manufacturing. These operating conditions keep procurement cycles active and reinforce large-scale consumption of electrical steel across core end-use applications.

North America is projected to expand at a 5.59% CAGR over the forecast period, with growth in the non grain oriented electrical steel market being propelled by rising demand from electrification-linked applications and the region’s established base of industrial and automotive production. Adoption is accelerating as manufacturers require efficient magnetic materials for motors, generators, and related equipment, while ongoing equipment upgrades and replacement activity support a stronger regional intake. The market’s growth pattern is closely tied to practical end-use deployment, particularly where efficiency improvements and reliable domestic supply matter most.

Parameter North America Asia Pacific Europe Latin America MEA
Innovation Hub i Scale Nascent Developing Advanced
Cost-Sensitive Region i Scale Low Medium High
Regulatory Environment i Scale Restrictive Neutral Supportive
Demand Drivers i Scale Weak Moderate Strong
Development Stage i Scale Emerging Developing Developed
Adoption Rate i Scale Low Medium High
New Entrants / Startups i Scale Sparse Moderate Dense
Macro Indicators i Scale Weak Stable Strong
COUNTRY INSIGHTS

Key Country Insights

Germany 🇩🇪

Precision Electrical Manufacturing

Germany integrates non grain oriented electrical steel into advanced motor and automation manufacturing requiring high material consistency. German producers emphasize efficient processing and reliable magnetic properties to support industrial equipment and electric mobility applications.

France 🇫🇷

Efficient Motor Components

France supports the use of non grain oriented electrical steel in industrial motors, transportation equipment, and electrical systems. Manufacturers in France prioritize dependable magnetic materials that improve equipment efficiency while meeting modern engineering standards.

Italy 🇮🇹

Industrial Motor Production

Italy applies non grain oriented electrical steel across machinery manufacturing and industrial motor production requiring reliable magnetic characteristics. Italian manufacturers continue selecting high-quality electrical steel grades that enhance operational efficiency and equipment performance.

Japan 🇯🇵

High-Performance Magnetic Steel

Japan focuses on premium non grain oriented electrical steel for compact motors and precision electrical equipment. Manufacturers in Japan continue refining material performance to improve energy efficiency and support demanding industrial and automotive applications.

South Korea 🇰🇷

Electrification Supply Chain

South Korea strengthens demand for non grain oriented electrical steel through electric vehicle components and industrial motor production. Steel producers in South Korea continue enhancing product quality to meet evolving performance requirements across advanced manufacturing sectors.

United States 🇺🇸

Motor Efficiency Materials

The U.S. prioritizes non grain oriented electrical steel for electric motors, industrial machinery, and energy-efficient equipment. Manufacturers continue investing in materials that improve magnetic performance while supporting electrification across transportation and industrial applications.

SEGMENT ANALYSIS

Segment Leadership and Growth Trends

Non Grain Oriented Electrical Steel Market Share (%), End Use, 2025

Motors
Transformers
Inductors
Others

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End Use Segment Analysis: Motors (Largest & Fastest-Growing Segment)

Motors held the largest share of the non grain oriented electrical steel market in 2025, and the segment is also advancing at the fastest pace as demand continues to center on equipment that depends on efficient electromagnetic performance. This leadership is maintained through the broad use of non grain oriented electrical steel in motor cores across industrial systems, appliances, and mobility-related applications, where consistent magnetic properties in multiple directions are essential for reliable operation. The same practical requirement is also driving growth momentum in the non grain oriented electrical steel market, as buyers increasingly prioritize motor efficiency, power density, and operational durability over alternatives that are less aligned with these performance needs.

Segment Sub-Segment Largest Segment Fastest Growing
End Use Transformers, Motors, Inductors, Others Motors Motors
Competitive Landscape

Competitive Landscape and Market Positioning

Prominent players in the non grain oriented electrical steel market:

1. Nippon Steel Corporation (Japan)

2. POSCO Holdings Inc. (South Korea)

3. Baoshan Iron & Steel Co. Ltd. (China)

4. ArcelorMittal S.A. (Luxembourg)

5. JFE Steel Corporation (Japan)

6. thyssenkrupp AG (Germany)

7. Cleveland-Cliffs Inc. (United States)

8. Nucor Corporation (United States)

9. Voestalpine AG (Austria)

10. Aperam S.A. (Luxembourg)

Rising demand for energy-efficient motors and electrical infrastructure is accelerating activity within the non grain oriented electrical steel market. Producers are enhancing manufacturing precision, magnetic performance, and material consistency to support applications in electric vehicles, industrial machinery, and power systems. Expansion of renewable energy projects and electrification initiatives is also strengthening investment in advanced electrical steel production technologies.

Company Market Share Company Revenue Revenue CAGR (%) Product Portfolio Geographic Presence Innovation / R&D Focus Strategic Developments
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Industry News

Industry Development/News

Company Name Date Key Development
ArcelorMittal Feb-25 ArcelorMittal announced plans to construct a wholly owned electrical steel manufacturing plant in Calvert, Alabama. The facility, scheduled to begin construction in late 2025 with production aimed for 2027, will have an annual production capacity of 150,000 metric tons of NGOES to support the automotive, mobility, and renewable energy sectors.
Thyssenkrupp Steel Jan-25 Thyssenkrupp Steel commissioned a new annealing and isolating line at its Bochum plant following a €150 million investment. The facility enhances the company's non-grain-oriented electrical steel processing capacity, enabling the production of a broader product range to meet increasing demand for high-efficiency steel grades.
ArcelorMittal Apr-26 ArcelorMittal successfully produced the first coil on its new electrical steel production lines at the Mardyck facility in France. This operational milestone marks a key step in ramping up its non-grain-oriented electrical steel portfolio, as the company progresses toward full-line validation and the commencement of commercial customer deliveries.
U.S. Steel Oct-23 U.S. Steel launched a new non-grain-oriented electrical steel line at its Big River Steel facility in Arkansas. Representing the largest annual production capacity for this product category in the United States, the line is designed to supply high-performance, sustainable steel solutions such as InduX to support the expanding domestic electric vehicle market.
Steel Authority of India Limited (SAIL) Nov-25 The Bokaro Steel Plant, a subsidiary of SAIL, successfully developed new varieties of electrical-grade and manganese-boron steel. This technical achievement expands the company’s specialized steel product portfolio and enhances its ability to supply high-grade material for various industrial applications, strengthening its domestic market presence.
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report.faq_name

What is the market valuation of non grain oriented electrical steel?

The market size of the non grain oriented electrical steel is estimated at USD 22.66 billion in 2026.

What is the projected value of the non grain oriented electrical steel industry by 2035?

Non Grain Oriented Electrical Steel Market size is expected to advance from USD 21.74 billion in 2025 to USD 35.08 billion by 2035 registering a CAGR of more than 4.9% across 2026-2035.

How is EV motor production reshaping demand for advanced electrical steel grades?

Expanding EV manufacturing is increasing demand for high-performance NGOES grades that improve motor efficiency, range, and power output, encouraging longer-term sourcing agreements and premium material specifications.

Why are industrial efficiency upgrades creating new replacement opportunities for NGOES suppliers?

Motor modernization programs are increasing adoption of advanced electrical steel as manufacturers prioritize lower energy losses, improved lifecycle economics, and performance gains over minimal upfront material costs.

Why are motors the leading end-use segment in the non grain oriented electrical steel market?

Motors are the largest end-use segment because they rely on non grain oriented electrical steel for consistent multidirectional magnetic performance, supporting efficient operation across industrial equipment, appliances, and mobility applications.

What is driving the rapid growth of motors in the non grain oriented electrical steel market?

Motors are also the fastest-growing segment as buyers increasingly prioritize higher motor efficiency, greater power density, and long-term operational durability, reinforcing demand for non grain oriented electrical steel.

Why does Asia Pacific lead the non grain oriented electrical steel market?

Asia Pacific leads due to its large manufacturing base, strong steel processing capacity, and dense production of motors, transformers, and automotive and industrial electrical equipment driving high-volume demand.

What is driving growth in North America’s non grain oriented electrical steel market?

North America growth is driven by electrification-linked applications, rising demand for efficient motors and generators, equipment upgrades, and replacement cycles for non grain oriented electrical steel, at 5.59% CAGR.

Which companies dominate the non grain oriented electrical steel landscape?

Major players in the non grain oriented electrical steel market include Nippon Steel Corporation (Japan), POSCO Holdings Inc. (South Korea), Baoshan Iron & Steel Co., Ltd. (China), ArcelorMittal S.A. (Luxembourg), JFE Steel Corporation (Japan), thyssenkrupp AG (Germany), Cleveland-Cliffs Inc. (United States), Nucor Corporation (United States), Voestalpine AG (Austria), Aperam S.A. (Luxembourg).
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