Automotive AHSS Market 2018 Global leading Players Analysis: AK Steel, ArcelorMittal, China Baowu Steel, Kobe Steel, POSCO, SSAB AB, Tata Steel, ThyssenKrupp and United Steel Corporation

Automotive AHSS Market is growing at strategic compound annual growth rate by the forecast period of 2018 to 2023.  Automotive AHSS Market Research Report- Forecast 2023 is latest research report on Global Automotive AHSS Industry published by “Market Research Future”.  Global Automotive AHSS market is analyzed 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.

Automotive AHSS Market Key Company Analyzed In 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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Automotive AHSS Global Market Highlights:

There has been increase in the safety regulations and fuel economy regulation and need for improved material have also increased. Steel industry focuses on these needs through development of new and advanced high strength steel grades, whose unique metallurgical property and manufacturability help meet stringent requirements. Steel offers the highest strength level than other metals and gives advantageous product application.

AHSS is used in several applications, shows improved vehicle performance in fuel efficiency, affordability and durability. Depending upon position and application AHSS serves different functions. Many companies focusing on high-quality products and on the changing lifestyle of consumers, enhance the growth of the AHSS market for automotive. Low cost and growing consumer awareness about cost effective nature and more energy efficient vehicles, are driving automotive AHSS market. Moreover, strong global presence and innovations, drive the market in Asia Pacific. Growing urbanization, and developing infrastructure also add to the market growth.

The choice of a material for an automotive application depends on the function, environment, and requirements of the part being produced. Based on product type of automotive AHSS includes dual phase steel, martensitic steel, boron steel and others. Dual-phase steels (DP steels) consist of ferrite, and a dispersed hard martensitic second phase in the form of islands. Usually they are low-carbon low-alloy materials. They combine high strength and good formability at low production costs, and they are widely used in automotive applications

In case of AHSS industry, there are not much of the technology used, so the technology progress is medium. To make AHSS innovative, there are various material used in order to make them efficient and durable. In future, aluminum is going to be a trend due to its light weight property. The technology progress in structural sheet metal industry has been developing highly in recent years. The development and innovation in the sheet metal forming technologies determines the progress in the system control and press tool construction. There has been growth in the forming technologies such as hydroforming, electromagnetic metal forming, and others. This growth in the structural sheet metal industry will directly affect the AHSS market.

Automotive AHSS Regional Market Analysis:

In Asia Pacific, China majorly contributes in the steel industry, but in recent times the steel market in China, has declined. The growth of the component manufacturers has taken a different route than other regions. The Japanese producers have maintained strong relationships with their suppliers. The rising competition and increase in the trade, globally, have led to the improved distribution system, across various developing nations. Also, the automotive industry in China continues to grow due to increased production of passenger and commercial vehicles. FDI is one of the major factors for the growth of automotive industry in China. Automakers in China are developing new and trade friendly policies that enable them to produce a larger number of vehicles. This increase in the number of vehicles, will result in the growth of the automotive AHSS market during the forecast period. The other factors that are responsible for the growth of the market are availability of low-cost manual and innovation in engineering, focus on fuel efficiency and sustainability, and the rising vehicle production levels. The region being a globally competitive automotive manufacturing hub, also pushes the market of Automotive AHSS.

Automotive AHSS Market by Segmentation:

The global AHSS market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Product Type: Comprises Dual Phase, Martensitic Steel, Boron Steel and Others

Segmentation by Vehicle Type: Comprises Passenger Car and Commercial Vehicle

Segmentation by Application: Comprises Body & Closures, Suspensions, Bumper and Others

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

List of Tables:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

Continued...

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued...

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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