An exciting new study from the team of Lucintel found that electrical steel market is expected to grow at a CAGR of 7%-9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The electrical steel market is segmented based on type, application, end-use industry, and region. In this market, a transformeris the largest segment by application, whereas energyis largest by end use industry. Players can benefit from the available opportunities likeavailability of labor and raw materials at low-cost, rapidly increasing population and urbanization.
ArcelorMittal, POSCO, Voestalpine, Baosteel, and Nippon Steel & Sumitomo Metalare some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the electrical steel market by type (grain oriented and non-grain oriented), application (transformers, motors, and inductors), end-use industry (energy, automotive, manufacturing, and household appliances), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the electrical steel market?
Q.4 What are some changing demands of customers in the electrical steel market?
Q.5 What are the new developments in the electrical steel market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this electrical steel area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this electrical steel market?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.