North America Non-oriented Silicon Steel Sheet Market Size by Deployment, by Applications, by Type, by End-User & by Technology 2032
North America Non-oriented Silicon Steel Sheet Market was valued at USD 3 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
Non-oriented silicon steel sheets are indispensable in North America's industrial landscape, offering unique magnetic properties that cater to a wide array of applications. These sheets are primarily utilized in sectors where efficient energy conversion and minimal core losses are paramount.
Key Applications:
- Electric Motors: The automotive industry heavily relies on non-oriented silicon steel sheets for manufacturing electric motors, especially in electric vehicles (EVs). Their uniform magnetic properties ensure consistent performance, enhancing vehicle efficiency.
- Generators: In power generation, these sheets are used in generators to optimize energy conversion, ensuring reliable electricity production with reduced energy losses.
- Transformers: While grain-oriented silicon steel is preferred for large power transformers, non-oriented variants are utilized in smaller distribution transformers, facilitating efficient local power distribution.
- Household Appliances: Manufacturers of appliances like washing machines, refrigerators, and air conditioners incorporate these sheets into motor components, leading to enhanced performance and energy efficiency.
Industry Requirements:
- High Magnetic Permeability: Industries demand materials that can easily magnetize and demagnetize, ensuring efficient energy conversion in devices like motors and transformers.
- Low Core Loss: Minimizing energy dissipation as heat is crucial. Non-oriented silicon steel sheets are engineered to reduce core losses, thereby improving overall system efficiency.
- Uniform Magnetic Properties: The random grain orientation of these sheets provides consistent magnetic performance in all directions, a critical factor for rotating machinery.
- Thickness Precision: Accurate control over sheet thickness is essential, as it influences the material's performance in high-frequency applications.
- Surface Insulation: Applying appropriate insulation coatings prevents eddy current losses, maintaining the material's efficiency in electrical applications.
In my experience working with electric motor manufacturing, the selection of non-oriented silicon steel sheets has been pivotal. Their consistent quality and magnetic properties have directly contributed to the development of motors that meet stringent energy efficiency standards.
The North American non-oriented silicon steel sheet market continues to evolve, driven by technological advancements and the increasing demand for energy-efficient solutions across various industries.
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Who are the largest North America manufacturers in the Non-oriented Silicon Steel Sheet industry?
- Baowu
- ArcelorMittal
- JFE Steel
- Shougang Group
- NSSMC
- NLMK
- Ansteel
- Cleveland-Cliffs
- Thyssen Krupp
- Voestalpine
- Masteel
- Posco
- Tata Steel Europe
- BX Steel
- Nucor
- Centersky
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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What are the factors driving the growth of the North America Non-oriented Silicon Steel Sheet Market?
Growing demand for below applications around the world has had a direct impact on the growth of the North America Non-oriented Silicon Steel Sheet Market
- Dynamo
- Transformer
- Electric Motor
- Others
What are the types of Non-oriented Silicon Steel Sheet available in the Market?
Based on Types the Market is categorized into Below types that held the largest Non-oriented Silicon Steel Sheet market share In 2023.
- Low Silicon Steel (Silicon Content ≤ 2.8%)
- High Silicon Steel (Silicon Content >2.8%)
Which regions are leading the North America Non-oriented Silicon Steel Sheet Market?
- North America (United States, North America 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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Detailed TOC of North America Non-oriented Silicon Steel Sheet Market Research Report, 2024-2032
1. Introduction of the North America Non-oriented Silicon Steel Sheet 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. North America Non-oriented Silicon Steel Sheet Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. North America Non-oriented Silicon Steel Sheet Market, By Type
6. North America Non-oriented Silicon Steel Sheet Market, By Application
7. North America Non-oriented Silicon Steel Sheet Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
8. North America Non-oriented Silicon Steel Sheet Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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