Non Grain Oriented Electrical Steel Market (2026 - 2033)

Non Grain Oriented Electrical Steel Market Summary

The global non grain oriented electrical steel market size was valued at USD 22.0 billion in 2025 and is projected to grow from USD 22.9 billion in 2026 to USD 31.0 billion by 2033, at a CAGR of 4.4% from 2026 to 2033. The market in Asia Pacific dominated with a revenue share of 66.1% in 2025. Non grain oriented electrical steel, also known as isotropic electrical steel, is primarily used to manufacture electric motors, transformers, and other energy-efficient equipment.

Source: Grand View Research, IR Documents, Primary Interviews, Paid Databases

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As industries and economies strive to reduce their carbon footprint and lower energy consumption, there is an increased need for efficient electrical machines. NGOES play a crucial role in improving the efficiency of electric motors and transformers, making it a critical material for manufacturers focused on meeting stringent energy standards.

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Electric vehicles rely heavily on efficient motors for optimal performance, and NGOES is used to produce high-performance stators and rotors in these motors. As governments across the globe introduce regulations to encourage the adoption of electric vehicles, the demand for NGOES is expected to rise correspondingly. The ongoing advancements in battery technology and motor design further fuel the need for high-quality electrical steel to support more efficient and powerful EV engines, making the automotive sector one of the key drivers in the NGOES market.

The growth of industrialization and infrastructure development, particularly in emerging markets, is driving the demand for NGOES. As countries in the Asia Pacific, the Middle East & Africa expand manufacturing and power sectors, NGOES is increasingly used in transformers and power networks. Its high magnetic permeability makes it ideal for renewable energy technologies like wind and solar power. With ongoing investments in sustainable energy, the demand for NGOES is expected to rise, especially in regions focusing on clean energy infrastructure.

Market Dynamics

The rapid expansion of the electric vehicle industry is one of the primary growth drivers for the non-grain oriented electrical steel (NGOES) market. NGOEs are widely used in traction motors, drive motors, generators, and auxiliary electric motors because of their excellent magnetic properties, low core losses, and high energy efficiency. As global automakers accelerate the production of battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs), demand for high-performance electrical steel continues to rise. Governments in major economies are supporting vehicle electrification through stringent emissions regulations, fuel economy standards, and financial incentives, encouraging manufacturers to adopt premium-grade NGOES to improve motor efficiency and extend driving range.

Analyst Perspective

The non-grain oriented electrical steel (NGOES) market is poised for sustained growth, fueled by the global shift toward electrification, energy efficiency, and clean energy technologies. Rising production of electric vehicles, industrial motors, generators, transformers, and energy-efficient appliances is driving demand for high-performance NGOES, which offer low core losses and excellent magnetic properties. Governments worldwide are promoting vehicle electrification, renewable energy deployment, and stricter energy efficiency standards, encouraging manufacturers to invest in advanced electrical steel grades that improve the performance of motors and power equipment.

End Use Insights

Based on end use, transformers segment led the market with the largest revenue share of 52.3% in 2025. As renewable energy installations increase, the need for transformers to handle and distribute power from these intermittent energy sources grows. NGOES is ideal for use in transformers as it can enhance the overall efficiency of energy conversion, ensuring minimal energy loss during transmission. Moreover, improving grid stability and integrating renewable energy into existing power grids requires advanced transformer technology, which relies heavily on high-quality materials.

Motors are anticipated to register the fastest CAGR over the forecast period. As manufacturing processes become more automated and industries seek to improve productivity, the demand for electric motors continues to rise. NGOES is integral in these applications, as it enhances motor performance, ensuring high efficiency even under demanding operating conditions. With growing industrialization, especially in emerging markets, the demand for motors across various sectors will continue to expand.

Regional Insights

The North America non grain oriented electrical steel industry is anticipated to grow at a significant CAGR over the forecast period. The U.S., Canada, and Mexico automotive industries are transforming, with automakers investing heavily in developing electric and hybrid vehicles. NGOES is a vital material for manufacturing the electric motors used in EVs, which require high-performance materials to ensure efficiency, power density, and reliability. The growing push for cleaner transportation, driven by consumer demand and government policies, continues to elevate the need for NGOES in EV applications, making it a major growth driver for the market.

U.S. Non Grain Oriented Electrical Steel Market Trends

The non grain oriented electrical steel industry in the U.S. is anticipated to grow over the forecast period. As the U.S. government enforces stricter energy efficiency standards through regulations like the Energy Independence and Security Act (EISA), industries are increasingly looking for materials that enhance the performance of electrical equipment. This push for greater energy efficiency in both industrial and consumer sectors is driving higher demand for NGOES in the U.S.

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Asia Pacific Non Grain Oriented Electrical Steel Market Trends

Asia Pacific dominated the NGOES market with the largest revenue share of 66.1% in 2025. The non grain oriented electrical steel industry in Asia Pacific is anticipated to grow over the forecast period. Asia Pacific is a global manufacturing hub, particularly in countries such as China, India, Japan, and South Korea; the need for high-performance materials such as NGO electrical steel to enhance the efficiency and reliability of electrical equipment is increasing. As these economies continue to develop and urbanize, the consumption of electrical steel used in industrial applications is expected to rise, thereby driving market growth.

China Non Grain Oriented Electrical Steel Market Trends

The NGOES market in the China held the largest share in the Asia Pacific region in 2025. China is expected to remain a major demand center for non-grain oriented electrical steel, supported by its large manufacturing base, expanding renewable energy capacity, and continued investments in power infrastructure. Rising production of electric motors, generators, industrial equipment, and electric vehicles is expected to further support demand for non-grain oriented electrical steel.

Europe Non Grain Oriented Electrical Steel Market Trends

The non grain oriented electrical steel industry in Europe is anticipated to grow over the forecast period. As Europe moves toward smart grids and energy-efficient power systems, there is an increasing need for upgraded electrical components, including transformers and generators, which often incorporate NGOES. The region’s efforts to improve grid reliability, reduce energy waste, and integrate renewable energy sources into the existing grid infrastructure have led to greater adoption of high-performance materials to reduce core losses in electrical equipment. With significant investments in smart grid technology, energy storage, and other infrastructure projects, the demand for NGOES is expected to increase. These systems require materials that can operate efficiently at higher frequencies and improve performance.

Central & South America Non Grain Oriented Electrical Steel Market Trends

The non grain oriented electrical steel industry in Central & South America is anticipated to grow over the forecast period. Countries such as Brazil and Chile have invested substantially in wind and solar power generation, which require efficient electrical components to optimize performance. According to IEA, Brazil's commitment to clean energy is evident as it accounted for 7% of the planet's renewable energy production in 2023, which exceeds its global population and GDP shares. The use of NGOES in wind turbine generators and photovoltaic systems enhances their operational efficiency, thereby supporting the overall growth of the renewable energy sector.

Middle East Non Grain Oriented Electrical Steel Market Trends

The Middle East & Africa region is expected to register the fastest growth, driven by rising investments in power generation, transmission, and distribution infrastructure, renewable energy, and industrial development. Increasing electricity demand and grid modernization across the region are supporting the adoption of electrical equipment such as motors, generators, and transformers, thereby strengthening demand for non-grain oriented electrical steel.

The non grain oriented electrical steel industry in the Middle East is anticipated to grow over the forecast period. As countries like South Africa, the UAE, and Egypt continue to invest in industrial sectors such as manufacturing, mining, and construction, the need for energy-efficient motors, transformers, and other electrical equipment is expanding. As industrial activities increase and more businesses adopt automation technologies, the demand for energy-efficient electrical systems powered by NGOES is expected to grow.

Key Non Grain Oriented Electrical Steel Company Insights

Some of the key players operating in the market include ArcelorMittal, POSCO, and others.

• ArcelorMittal, a global leader in steel and mining, operates in over 60 countries and serves major markets worldwide. The company produces a diverse range of steel products for industries like automotive, construction, and appliances. ArcelorMittal offers both fully processed and semi-processed grades of NGOES, with the fully processed steels ready for immediate use, while the semi-processed grades require additional annealing after punching.

• POSCO, a South Korean multinational steel producer, is one of the world's largest steelmakers. It serves industries such as automotive, construction, shipbuilding, and energy with a broad portfolio of steel products. POSCO manufactures NGOES with a non-uniform crystal orientation, providing excellent magnetic properties suitable for applications like motors and generators.

Key Non Grain Oriented Electrical Steel Companies

The following key companies have been profiled for this study on the non grain oriented electrical steel market.

• ArcelorMittal

• Arnold Magnetic Technologies

• Baosteel Group Corporation

• Cleveland-Cliffs Inc.

• JFE Steel Corporation

• NIPPON STEEL CORPORATION

• Nucor Corporation

• POSCO

• Thyssenkrupp

• VIZ-Steel

Recent Developments

• In February 2025, ArcelorMittal is set to construct a new, wholly owned electrical steel manufacturing plant in Calvert, Alabama. The facility will produce up to 150,000 metric tons of NGOES annually, catering to the automotive and mobility sectors, renewable energy production, and various industrial applications. Construction is scheduled to begin in the latter half of 2025, with production expected to commence in 2027.

• In October 2023, U.S. Steel launched its new NGOES line at its Big River Steel facility in Osceola, Arkansas. The new line boasts the largest annual product production capacity in the U.S. and offers sustainable steel solutions like InduX, which is crucial for the expanding electric vehicle market.

Global Non Grain Oriented Electrical Steel Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global non grain oriented electrical steel market report based on end use and region.

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• End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • Transformers

  • Motors

  • Inductors

  • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • Russia

    • Turkey

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Iran

Research Methodology

The non grain oriented electrical steel market figures in this report are based on a proven research process that combines executive interviews with secondary research from proprietary databases, company filings, and recognized regulatory and institutional sources. Market size is built through value-chain sizing - reconciling supply-side and demand-side estimates - and triangulated with bottom-up and top-down approaches. Every estimate passes multiple levels of expert validation before publication, with each non grain oriented electrical steel segment quantified using the revenue-capture definitions in the table below.

Delivered Customizations

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