Automotive AHSS Market 2018 Global Forecast To 2023: Industry Size, Share, Trends, Growth And Regional Forecast To 2023

Automotive AHSS Market 2018 - Global Forecast to 2023 research report published by “MarketResearchFuture,” Global Automotive AHSS Market is growing at rapid pace over the forecast period of 2018 to 2023. Automotive AHSS Market growth is boosted by factors such as increasing vehicle production, lower cost of AHSS materials than other lightweight materials, and growing government regulations regarding CO2 emissions are some of the factors driving the growth of the market. Growing vehicle demand and engineering advancement for improving the life of vehicles, are some of the factors that drive the demand for the market.

Market Highlights:

Automotive AHSS Market Key Companies Analyzed for this research report are:

AK Steel Holding Corporation (U.S.), ArcelorMittal S.A. (Luxembourg),  China Baowu Steel Group Corp., Ltd. (China), Kobe Steel Ltd.( Japan), POSCO (South Korea), SSAB AB (Sweden), Tata Steel Limited(India), ThyssenKrupp AG(Germany) and United Steel Corporation (India).

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Focus on light weighting in automobiles is well underway, and will continue in the future. With the objective to reduce fuel emissions and to meet greenhouse gas requirements, automobile manufacturers need to significantly reduce the weight of vehicles. The recent efforts to build lightweight cars from aluminum and carbon-fiber composites, acts as a major restraint for the growth of Advanced High Strength Steels (AHSS) market. Automotive AHSS Market is expected to reach at market size of ~ USD 23.45 billion by the end of forecast period with CAGR of ~9.8% between 2017 and 2023.

Automotive AHSS Regional Market Analysis:

Asia Pacific is dominating the market due to major sales in automotive.  Development of automotive manufacturing industries in developing economies such as China and India are driving the market for automotive AHSS. Factors such as availability of low-cost manual and innovation in engineering, focus on fuel efficiency and sustainability, and the rising vehicle production levels, drive the market of Automotive AHSS. The region being a globally competitive automotive manufacturing hub, also pushes the market of Automotive AHSS.

Europe holds the largest market share in automotive AHSS market, followed by Asia Pacific due to factors such as strict emission norms laid down by the government and improvement in the economic conditions and increasing investment by the industry players in the region.

Market Segmentation:

Global Automotive AHSS Market is segmented by Product Type (Dual Phase, Martensitic Steel, Boron Steel and Others), by Vehicle Type (Passenger Car and Commercial Vehicle), By Application (Body & Closures, Suspensions, Bumper and Others) and Region.

Scope of the Report:

This study provides an overview of the global Automotive AHSS market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

The report for Global Automotive Surround View System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major Table of Content:

1 Introduction

1.1 Definition

1.2 Scope Of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Vehicle Typeology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter’s Five Forces Model

4.1.1 Bargaining Power of Suppliers

4.1.2 Bargaining Power of Customer

4.1.3 Intensity of Competitor

4.1.4 Threat of New Entrants

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