Key Findings
The North America electric steel market is anticipated to grow at a CAGR of 7.50% during the estimated period of 2019-2028. The region is looking forward to replacing the aging electricity infrastructure and integrate the existing electric grid network with renewable energy sources, consequently increasing the demand for electric steel over the forecast period.

Market Insights
The North American electric steel market is segmented into the United States and Canada for a further survey of market growth in the region. Canadian electric steel market is fueled by increasing investment in electric infrastructure projects substituting old power transformers and power lines, and integrating renewable energy sources with existing electric grid network has gained momentum all over Canada. Most of the country’s electric generation assets were built before 1980. Therefore, the industry faces an urgent need to facilitate infrastructure investment at all levels. The government plans to build clean electricity systems between provinces and territories, and such efforts are likely to enhance market demand.

Competitive Insights
There are a number of well-established players functioning in the market, including Arnold Magnetic Technologies, Orchid International, AK Steel Corporation, Sko-Die Inc, Big River Steel LLC, among others.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments