Report overview
Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes. Various strengthening mechanisms are employed to achieve a range of strength, ductility, toughness, and fatigue properties. These steels aren?t the mild steels of yesterday; rather they are uniquely light weight and engineered to meet the challenges of today?s vehicles for stringent safety regulations, emissions reduction, solid performance, at affordable costs.
This report aims to provide a comprehensive presentation of the global market for Automotive High Strength Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive High Strength Steel. This report contains market size and forecasts of Automotive High Strength Steel in global, including the following market information:
Global Automotive High Strength Steel Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive High Strength Steel Market Sales, 2018-2023, 2024-2029, (10K Tonne)
Global top five Automotive High Strength Steel companies in 2022 (%)
The global Automotive High Strength Steel market was valued at US$ 25390 million in 2022 and is projected to reach US$ 35450 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive High Strength Steel key players include Arcelor Mittal (Luxembourg), SSAB, POSCO, etc. Global top three players hold a share about 55%.
Europe is the largest market, with a share about 40%, followed by China and North America, having a total share about 30 percent.
In terms of product, AHSS is the largest segment, with a share about 60%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
We surveyed the Automotive High Strength Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive High Strength Steel Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (10K Tonne)
Global Automotive High Strength Steel Market Segment Percentages, by Type, 2022 (%)
Conventional HSS
AHSS
Global Automotive High Strength Steel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (10K Tonne)
Global Automotive High Strength Steel Market Segment Percentages, by Application, 2022 (%)
Commercial Vehicle
Passenger Vehicle
Global Automotive High Strength Steel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (10K Tonne)
Global Automotive High Strength Steel Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive High Strength Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive High Strength Steel revenues share in global market, 2022 (%)
Key companies Automotive High Strength Steel sales in global market, 2018-2023 (Estimated), (10K Tonne)
Key companies Automotive High Strength Steel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arcelor Mittal
SSAB
POSCO
United States Steel Corporation
Voestalpine
ThyssenKrupp
Baowu Group
Ansteel
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive High Strength Steel, market overview.
Chapter 2: Global Automotive High Strength Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive High Strength Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive High Strength Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive High Strength Steel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
