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.
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