Automotive AHSS Market at a CAGR of 9.8% Rising Enterprise Efficiency and Dominated by Top Competitors (Arcelor Mittal SA, ThyssenKrupp AG, POSCO, Tata Steel, SSAB AB, United Steel Corporation, Kobe Steel) and Global Forecast to 2023

Marketprognosis.com Publish a New Market Research Report On “Global Automotive AHSS Market - Analysis of Growth, Trends, and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Automotive AHSS Market:

The report spread across 70 pages is an overview of the Global Automotive AHSS Market - Analysis of Growth, Trends, and Forecasts (2018 - 2023). These report study based on the Automotive AHSS Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

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The Global Automotive AHSS Market is poised to record a CAGR of 9.8% during the forecast period. The automotive AHSS market is witnessing a positive trend, as auto manufacturers are focusing more on improving safety and fuel economy, while reducing the costs of manufacturing.

The use of AHSS also brings down manufacturing costs without compromising on the strength of the vehicle, making it the commonly used material in the automotive industry currently. The necessity of the automakers to balance performance, safety, fuel efficiency, affordability, and at the same time, reducing emissions to meet the requirements of stringent regulations, worldwide, are the factors that are expected to drive the automotive AHSS market.

The automakers are focusing on reducing the overall weight of the automobiles, and at the same time increase the strength of the automobile to improve crashworthiness. The major factor that is driving automakers toward adopting AHSS is that the existing infrastructure can be utilized for producing lightweight vehicles without the need for switching to other materials, which is expected to increase the cost and time.

AHSS offers an opportunity for the automotive industry to reduce vehicular emissions when the entire product life cycle is considered. Life cycle assessment of vehicular emission takes into account the total emissions from the stage procuring the raw materials to the vehicle end-of-life. When life cycle assessment of emissions is carried out, the use of Advanced High Strength Steel (AHSS) for automotive manufacturing will have the lowest emission rate compared to the emissions generated by the existing ways of production.

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Major Key Players:

1 Arcelor Mittal SA

2 ThyssenKrupp AG

3 POSCO

4 Tata Steel Limited

5 SSAB AB

6 United Steel Corporation

7 AK Steel Holding Corporation

8 Kobe Steel Ltd.

9 Baoshan Iron & Steel Co. Ltd.

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

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In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive AHSS Market.

Table of Contents:

1 Introduction

2 Research methodology

3 Executive Summary

4 Market Overview and Trends

5 Market Dynamics

6 Automotive AHSS Market, Segmentation by Vehicle Type

7Automotive AHSS Market, Segmentation by Geography

8 Competitive Landscape

9 Company Profiles

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