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Electrical Steel Market, Analysis, Strategic Assessment, Trend Outlook And Business Opportunities by Fact MRThe global electrical steel market size was valued at US$ 25.9 billion in 2022 and expected to grow at a CAGR of 8.5% to reach US$ 55.1 billion by the end of 2032.Electrical steel, also known as silicon steel or transformer steel, plays a pivotal role in the energy sector as a core material in the manufacturing of electrical equipment and transformers. Its unique magnetic properties make it...0 Comments 0 Shares 948 Views 0 Reviews
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Europe Electrical Steel Market, Analysis, Drivers, Restraints, Forecast by Fact MREuropean sales of electrical steel are estimated at around US$ 6.3 billion in 2022. The Europe electrical steel market is projected to register an impressive CAGR of 10.3% during 2022-2032 and generate US$ 10.6 billion in absolute dollar opportunity over the assessment period. The European electrical steel market is a dynamic and vital segment of the continent's industrial landscape. Electrical...0 Comments 0 Shares 956 Views 0 Reviews
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Navigating the Electrical Steel Market: Opportunities and Competitive LandscapeThe report "Electrical Steel Market by Type (Non-grain-oriented, and Grain-oriented), Application (Transformer, Motors, Inductors), End-user Industry (Automotive, Energy, Manufacturing, Household Appliances), and Region - Global Forecast to 2028", is approximated to be USD 40.6 billion in 2023, and it is projected to reach USD 60.7 billion by 2028, at a CAGR of...0 Comments 0 Shares 315 Views 0 Reviews