Non-grain-oriented electrical steel (NGOES) is a type of electrical steel primarily used in applications that involve rotating magnetic fields, such as electric motors, generators, and transformers. Its properties, including low core loss and high magnetic permeability, make it ideal for use in automotive, energy, and industrial sectors. With the increasing demand for energy-efficient solutions, the global market for non-grain-oriented electrical steel is expected to witness steady growth over the next decade
Global Non-Grain Oriented Electrical Steel Market Outlook 2024-2032: Trends and Opportunities