Automotive AHSS Market is expected to reach $119 Billion by 2025 – An exclusive market research report by Lucintel

Automotive AHSS Market is expected to reach $119 Billion by 2025 - An exclusive market research report by Lucintel

“Trends and Forecast for the Global Automotive AHSS Market”
Trends, opportunities, and forecast in automotive AHSS market to 2025 by product type (Dual phase steel, Martensitic Steel, Boron steel, TRIP and Others), vehicle type (Passenger cars and Light commercial vehicle), application (Body and Closures, Suspensions, Bumper and Intrusion Beams and Others) and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that automotive AHSS provides attractive opportunities in the passenger cars and light commercial vehicles. The automotive AHSS market is expected to reach $28.1 billion by 2025 with a CAGR of 7.8%. In this market, dual phase steel is the largest segment by product type, whereas body and closure is largest by application. The introduction of pre-oxidation for galvanizing AHSS and development of third generation AHSS provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-ahss-market.aspx Based on product type, the automotive AHSS market is segmented into dual phase steel, martensitic steel, boron steel, TRIP steel, and others. The dual phase steel segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.

Browse in-depth TOC on “Automotive AHSS Market”

73 – Tables

93 – Figures

255 – Pages

The automotive AHSS Market is marked by the presence of several big and small players. Some of the prominent players offering automotive AHSS include ArcelorMittal SA, ThyssenKrupp AG, POSCO, SSAB AB, and AK Steel, and others.

 

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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