Electrical Steel Market Size, Share & Growth Report (2024-2030) | Global Analysis
Electrical Steel Market Size to Hit USD 62.43 Bn by 2030 | Driven by EV Revolution & Smart Grid Expansion (Global Analysis 2024-2030) As the global transition towards sustainable energy and electric mobility accelerates, the Electrical Steel Market is witnessing an unprecedented surge in demand. According to a comprehensive market research report, the global electrical steel market size was valued at US$ 36.66 Billion in 2023 and is projected to skyrocket to US$ 62.43 Billion by 2030 , exhibiting a robust CAGR of 7.9% during the forecast period. This significant growth is underpinned by the rising production of Electric Vehicles (EVs) , the modernization of power grids, and the increasing need for energy-efficient transformers and motors across industrial sectors. 💡 Get Exclusive Data & Executive Summary – Click Here https://www.maximizemarketresearch.com/request-sample/13435/ Electrical Steel Market Over...