An exciting new study from the team of Lucintel found that automotive AHSS market is expected to reach $28.1 billion by 2025 with a CAGR of 7.8%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The automotive AHSS market is segmented based on product, application, vehicle, and region. In this market,dual phase steel is expected to remain the largest product type, and body and closure segment is expected to remain the largest application.
Dynamics of the industry, include the introduction of pre-oxidation for galvanizing AHSS and development of third generation AHSS are emerging trends having impact on dynamics of the industry.
ArcelorMittal SA, ThyssenKrupp AG, POSCO, SSAB AB, and AK Steel, and others are some of the major players profiled in this 255 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the automotive AHSS market 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 Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the automotive AHSS market?
Q.4 What are some changing demands of customers in the automotive AHSS market?
Q.5 What are the new developments in the automotive AHSS market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this automotive AHSS area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this automotive AHSS market?
This unique report from Lucintelwill 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 [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.