The global electrical steel market reached approximately USD 46.43 billion in 2024 and is projected to grow at a CAGR of 7.20%, reaching nearly USD 93.06 billion by 2034. Rising demand for energy-efficient transformers, electric vehicles, and industrial automation is driving the market’s growth. Increasing adoption of sustainable energy solutions and technological advancements in stee... https://www.expertmarketresearch.com/reports/electrical-steel-market