Automotive AHSS Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Automotive AHSS (advanced high-strength steel) market is expected to register a CAGR of over 9% during the forecast period (2021 – 2027).

AHSS is a high-strength steel consumed by manufacturers because of its light weight, durability, efficiency, safety and high quality. The safety, security and convenience of vehicles are improving due to the increasing demand for vehicles and the advancement of technology inside and outside the vehicle, which is leading the market.

Automotive AHSS Market by Product Type

• Dual Phase Steel
• Martensitic Steel
• Boron Steel
• TRIP Steel
• Others

Automotive AHSS Market by Vehicle Type

• Passenger Cars
• Light Commercial Vehicle

Automotive AHSS Market by Application

• Body and Closures
• Suspensions
• Bumper and Intrusion Beams

Key Players 

The major player operating in the market of global automotive AHSS 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).

Scope of the Report

The research study analyzes the global Automotive AHSS industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive AHSS Market Report

1. What was the Automotive AHSS Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of Automotive AHSS Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive AHSS Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.