Product Code: ETC6186381 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The non-grain oriented electrical steel market in Australia is growing due to increased demand for efficient transformers and electric motors. These materials are used in automotive, renewable energy, and industrial applications due to their excellent magnetic properties. The shift toward electric vehicles (EVs) and renewable energy sources is driving market growth.
The non-grain oriented electrical steel market in Australia is growing due to increasing demand from the automotive and power generation sectors. Rising adoption of electric vehicles (EVs), growing investment in renewable energy infrastructure, and increasing use of electrical steel in motors and transformers are driving market growth. Technological advancements in steel production and increasing focus on improving energy efficiency are also supporting market expansion.
The non-grain oriented electrical steel market in Australia faces challenges from high production costs and fluctuating raw material prices. Regulatory requirements for environmental safety and product quality increase operational complexity. Competition from alternative electrical materials and high transportation costs further restrict market growth. Limited domestic production capacity and reliance on imports further increase market vulnerability.
The non-grain oriented (NGO) electrical steel market in Australia is expanding due to increasing demand from the automotive and electrical industries. NGO electrical steel is used in electric motors, transformers, and generators. Investment opportunities lie in developing high-efficiency steel grades, improving manufacturing capacity, and expanding partnerships with automotive and electronics manufacturers. Growth in electric vehicle production and renewable energy infrastructure is driving market demand.
The Australian government has implemented policies to support the non-grain-oriented electrical steel market, primarily focusing on energy efficiency and the transition to renewable energy. Regulations under the National Energy Productivity Plan (NEPP) aim to improve the efficiency of electrical appliances and systems, driving demand for high-performance electrical steel. Additionally, trade policies and anti-dumping measures have been introduced to protect local manufacturers from unfair competition, ensuring a stable market environment for domestic producers. Incentives for sustainable manufacturing practices and research into advanced electrical steel technologies have also been introduced to enhance the competitiveness of the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Non-grain Oriented Electrical Steel Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Non-grain Oriented Electrical Steel Market - Industry Life Cycle |
3.4 Australia Non-grain Oriented Electrical Steel Market - Porter's Five Forces |
3.5 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Australia Non-grain Oriented Electrical Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Non-grain Oriented Electrical Steel Market Trends |
6 Australia Non-grain Oriented Electrical Steel Market, By Types |
6.1 Australia Non-grain Oriented Electrical Steel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Fully Processed, 2021- 2031F |
6.1.4 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Semi-Processed, 2021- 2031F |
6.2 Australia Non-grain Oriented Electrical Steel Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By 0.23 MM, 2021- 2031F |
6.2.3 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By 0.27 MM, 2021- 2031F |
6.2.4 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By 0.30 MM, 2021- 2031F |
6.2.5 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By 0.35 MM, 2021- 2031F |
6.2.6 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By 0.5 MM, 2021- 2031F |
6.2.7 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By 0.65 MM, 2021- 2031F |
6.3 Australia Non-grain Oriented Electrical Steel Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.3 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Online, 2021- 2031F |
6.4 Australia Non-grain Oriented Electrical Steel Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Transformers, 2021- 2031F |
6.4.3 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Inductors, 2021- 2031F |
6.4.4 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Battery, 2021- 2031F |
6.4.5 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Filters, 2021- 2031F |
6.4.6 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Motors, 2021- 2031F |
6.4.7 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Electrical Ballasts, 2021- 2031F |
6.4.8 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Australia Non-grain Oriented Electrical Steel Market, By End-User |
6.5.1 Overview and Analysis |
6.5.2 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Energy and Power, 2021- 2031F |
6.5.3 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Automotive, 2021- 2031F |
6.5.4 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Household Appliances, 2021- 2031F |
6.5.5 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.5.6 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Aviation, 2021- 2031F |
6.5.7 Australia Non-grain Oriented Electrical Steel Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Non-grain Oriented Electrical Steel Market Import-Export Trade Statistics |
7.1 Australia Non-grain Oriented Electrical Steel Market Export to Major Countries |
7.2 Australia Non-grain Oriented Electrical Steel Market Imports from Major Countries |
8 Australia Non-grain Oriented Electrical Steel Market Key Performance Indicators |
9 Australia Non-grain Oriented Electrical Steel Market - Opportunity Assessment |
9.1 Australia Non-grain Oriented Electrical Steel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Non-grain Oriented Electrical Steel Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Australia Non-grain Oriented Electrical Steel Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Australia Non-grain Oriented Electrical Steel Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Australia Non-grain Oriented Electrical Steel Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Australia Non-grain Oriented Electrical Steel Market - Competitive Landscape |
10.1 Australia Non-grain Oriented Electrical Steel Market Revenue Share, By Companies, 2024 |
10.2 Australia Non-grain Oriented Electrical Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |