San Francisco, 04 September 2025: The Report Non Grain Oriented Electrical Steel Market Size, Share & Trends Analysis Report By End Use (Transformers, Motors, Inductors, Others), By Region (North America, Europe, APAC, Central & South America, MEA), And Segment Forecasts, 2025 - 2030

The global non grain oriented electrical steel market size is anticipated to reach USD 27.69 billion by 2030 and is projected to grow at a CAGR of 4.8% during the forecast period, according to a new report by Grand View Research, Inc. NGOES, known for its superior magnetic properties, is essential for manufacturing transformers, electric motors, and other electrical equipment. As the global energy sector increasingly shifts toward renewable sources such as wind and solar power, the need for advanced electrical steel to produce transformers and other high-efficiency equipment has surged. Therefore, the rising adoption of green energy technologies is a key driver of the NGOES market’s expansion.

Electric motors in EVs require high-performance electrical steel to ensure efficient power generation and consumption. Governments worldwide are pushing for the adoption of electric vehicles through incentives and regulations aimed at reducing carbon emissions, so automakers are increasingly investing in their development. This shift in the automotive sector is spurring demand for NGOES as a core component in EV motor production, further driving the market’s growth.

As automation technologies evolve, industries require motors and drives with higher energy efficiency and reliability. Due to its excellent magnetic properties, steel is extensively used in industrial motors, a fundamental part of automation systems in manufacturing, robotics, and logistics. The growing need for automation and the demand for high-efficiency motors and transformers in various industries thus play a critical role in expanding the NGOES market.

Power grids are essential for the transmission and distribution of electricity, and transformers, which use NGOES for their core materials, are crucial for their efficient operation. As countries worldwide upgrade their power grids to meet growing energy demands and incorporate renewable energy sources, the demand for NGOES to produce high-efficiency transformers and other electrical equipment has risen sharply.

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Non grain oriented electrical steel, also known as isotropic electrical steel, is primarily used to manufacture electric motors, transformers, and other energy-efficient equipment. 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.

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.

As the global focus shifts toward reducing energy consumption and enhancing operational efficiency, the use of NGOES in these critical applications has become essential. This material’s ability to improve the efficiency of electrical machines, reduce energy losses, and lower operational costs has made it highly sought after. In addition, the rapid adoption of EVs, which require high-performance motors, and the ongoing industrialization in emerging markets further contribute to the growing demand for NGOES.

Wind turbines use NGOES in their electrical systems, such as generators and transformers, to improve efficiency and performance. As governments worldwide prioritize renewable energy infrastructure to meet sustainability goals, the demand for NGOES in wind energy applications is expected to rise. Furthermore, EV growth presents long-term opportunities for the NGOES industry. With advancements in EV technologies and government regulations favoring clean energy solutions, manufacturers can leverage the increasing demand for energy-efficient motors to expand their product offerings and market reach.