Electrical Steel Market Trends and Technology Set to Witness Explosive Growth by 2027

Allied Market Research published a report, titled, ”Electrical Steel Market by Type (Grain Oriented Electrical Steel and Non-Grain Oriented Electrical Steel) and Application (Transformers, Motors, Generators, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027.” The global electrical steel industry generated $15.0 billion in 2019, and is projected to generate $21.0 billion by 2027, portraying a CAGR of 5.8% from 2020 to …