Grain Oriented Electrical Steel Market Analysis: Trends and...

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2025-10-24 08:50:57 -

Grain Oriented Electrical Steel Market Analysis: Trends and Forecasts from 2025 to 2030

The global grain oriented electrical steel market size was estimated at USD 8.62 billion in 2024 and is projected to reach USD 11.86 billion by 2030, growing at a CAGR of 5.6% from 2025 to 2030. The market’s growth is primarily driven by the rising global demand for electricity and the increasing need for efficient electrical components that support reliable power transmission...

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