Electronics Industry Propels Growth in Cold Rolled Non-Oriented (CRNO) Steel Lamination Market

Global Cold Rolled Non-Oriented Steel lamination Market was valued at US $ 28.6 Billion in 2022 and is expected to reach US $ 42.9 Billion by 2030 growing at a CAGR of 5.2% during the forecast period 2023 – 2030
Manufacturers in the CRNO Steel Lamination Market are continually innovating to meet the evolving demands of end-users. The inherent magnetic properties of CRNO steel, characterized by low core loss and high magnetic permeability, make it an ideal choice for applications requiring precision and reliability. This has resulted in an increased adoption of CRNO steel in the production of high-performance transformers, enabling enhanced energy efficiency and reduced power losses.