Global Advanced High Strength Steel Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	179 Pages	TechNavio	January, 2023	INF17692436

Best Price Guarantee
Price	from $2,500
Length	179 Pages
Publisher	TechNavio
Published Date	January, 2023
SKU	INF17692436

Global Advanced High Strength Steel Market 2023-2027

Technavio has been monitoring the advanced high-strength steel market and is forecast to grow by USD 13269.95 mn during 2022-2027, accelerating at a CAGR of 11.15% during the forecast period. Our report on the advanced high strength steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for AHSS in the automobile industry, the growing global construction industry, and the advantages of AHSS over conventional steel.

Technavio's advanced high strength steel market is segmented as below:

By Grade Type

Dual-phase
Complex phase
Transformation-induced plasticity
Others

By End-user

Automobile
Construction
Aviation and marine
Others

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the rising demand in the wind energy sector as one of the prime reasons driving the advanced high strength steel market growth during the next few years. Also, increasing the use of secondary steel and increasing the use of electric arc furnaces will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the advanced high strength steel market covers the following areas:

Advanced high strength steel market sizing
Advanced high strength steel market forecast
Advanced high strength steel market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading advanced high strength steel market vendors that include ArcelorMittal SA, Baosteel Group Corp., Big River Steel LLC, China Steel Corp., Cleveland Cliffs Inc., HBIS Group Co. Ltd., Hyundai Steel Co., MSP Steel and Power Ltd., Nippon Steel Corp., Nucor Corp., POSCO holdings Inc., Rashtriya Ispat Nigam Ltd., SSAB AB, Steel Technologies LLC, Tata Steel Ltd., thyssenkrupp AG, United States Steel Corp., voestalpine AG, JFE Holdings Inc., and JSW STEEL Ltd. Also, the advanced high strength steel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Grade Type
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global advanced high strength steel market 2017 - 2021
  - Table Historic market size – Data table on global advanced high strength steel market 2017 - 2021 ($ million)
- Grade type segment analysis 2017 - 2021
  - Table Historic market size – Grade type segment 2017 - 2021 ($ million)
- End-user segment analysis 2017 - 2021
  - Table Historic market size – End-user segment 2017 - 2021 ($ million)
- Geography segment analysis 2017 - 2021
  - Table Historic market size – Geography segment 2017 - 2021 ($ million)
- Country segment analysis 2017 - 2021
  - Table Historic market size – Country segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Grade Type
- Market segments
  - Table Chart on Grade Type - Market share 2022-2027 (%)
  - Table Data Table on Grade Type - Market share 2022-2027 (%)
- Comparison by Grade Type
  - Table Chart on Comparison by Grade Type
  - Table Data Table on Comparison by Grade Type
- Dual phase - Market size and forecast 2022-2027
  - Table Chart on Dual phase - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Dual phase - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Dual phase - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Dual phase - Year-over-year growth 2022-2027 (%)
- Complex phase - Market size and forecast 2022-2027
  - Table Chart on Complex phase - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Complex phase - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Complex phase - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Complex phase - Year-over-year growth 2022-2027 (%)
- Transformation-induced plasticity - Market size and forecast 2022-2027
  - Table Chart on Transformation-induced plasticity - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Transformation-induced plasticity - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Transformation-induced plasticity - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Transformation-induced plasticity - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Grade Type
  - Table Market opportunity by Grade Type ($ million)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Automobile - Market size and forecast 2022-2027
  - Table Chart on Automobile - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Automobile - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Automobile - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Automobile - Year-over-year growth 2022-2027 (%)
- Construction - Market size and forecast 2022-2027
  - Table Chart on Construction - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Construction - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Construction - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Construction - Year-over-year growth 2022-2027 (%)
- Aviation and marine - Market size and forecast 2022- 2027
  - Table Chart on Aviation and marine - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Aviation and marine - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Aviation and marine - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Aviation and marine - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ million)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ million)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- India - Market size and forecast 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on India - Market size and forecast 2022-2027 ($ million)
  - Table Chart on India - Year-over-year growth 2022-2027 (%)
  - Table Data Table on India - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Growing demand for AHSS in automobile industry
  - Growing global construction industry
  - Advantages of AHSS over conventional steel
- Market challenges
  - Volatile prices of raw materials
  - Stringent government regulations
  - Threat of substitutes
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Rising demand in wind energy sector
  - Increasing use of secondary steel
  - Increasing use of electric arc furnace
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ArcelorMittal SA
  - Table ArcelorMittal SA - Overview
  - Table ArcelorMittal SA - Business segments
  - Table ArcelorMittal SA - Key news
  - Table ArcelorMittal SA - Key offerings
  - Table ArcelorMittal SA - Segment focus
- Baosteel Group Corp.
  - Table Baosteel Group Corp. - Overview
  - Table Baosteel Group Corp. - Product / Service
  - Table Baosteel Group Corp. - Key offerings
- Big River Steel LLC
  - Table Big River Steel LLC - Overview
  - Table Big River Steel LLC - Product / Service
  - Table Big River Steel LLC - Key offerings
- Cleveland Cliffs Inc.
  - Table Cleveland Cliffs Inc. - Overview
  - Table Cleveland Cliffs Inc. - Product / Service
  - Table Cleveland Cliffs Inc. - Key offerings
- HBIS Group Co. Ltd.
  - Table HBIS Group Co. Ltd. - Overview
  - Table HBIS Group Co. Ltd. - Product / Service
  - Table HBIS Group Co. Ltd. - Key offerings
- Hyundai Steel Co.
  - Table Hyundai Steel Co. - Overview
  - Table Hyundai Steel Co. - Product / Service
  - Table Hyundai Steel Co. - Key offerings
- JFE Holdings Inc.
  - Table JFE Holdings Inc. - Overview
  - Table JFE Holdings Inc. - Business segments
  - Table JFE Holdings Inc. - Key offerings
  - Table JFE Holdings Inc. - Segment focus
- JSW STEEL Ltd.
  - Table JSW STEEL Ltd. - Overview
  - Table JSW STEEL Ltd. - Product / Service
  - Table JSW STEEL Ltd. - Key offerings
- MSP Steel and Power Ltd.
  - Table MSP Steel and Power Ltd. - Overview
  - Table MSP Steel and Power Ltd. - Product / Service
  - Table MSP Steel and Power Ltd. - Key offerings
- Nippon Steel Corp.
  - Table Nippon Steel Corp. - Overview
  - Table Nippon Steel Corp. - Business segments
  - Table Nippon Steel Corp. - Key offerings
  - Table Nippon Steel Corp. - Segment focus
- Nucor Corp.
  - Table Nucor Corp. - Overview
  - Table Nucor Corp. - Business segments
  - Table Nucor Corp. - Key news
  - Table Nucor Corp. - Key offerings
  - Table Nucor Corp. - Segment focus
- SSAB AB
  - Table SSAB AB - Overview
  - Table SSAB AB - Business segments
  - Table SSAB AB - Key offerings
  - Table SSAB AB - Segment focus
- Tata Steel Ltd.
  - Table Tata Steel Ltd. - Overview
  - Table Tata Steel Ltd. - Business segments
  - Table Tata Steel Ltd. - Key news
  - Table Tata Steel Ltd. - Key offerings
  - Table Tata Steel Ltd. - Segment focus
- thyssenkrupp AG
  - Table thyssenkrupp AG - Overview
  - Table thyssenkrupp AG - Business segments
  - Table thyssenkrupp AG - Key news
  - Table thyssenkrupp AG - Key offerings
  - Table thyssenkrupp AG - Segment focus
- United States Steel Corp.
  - Table United States Steel Corp. - Overview
  - Table United States Steel Corp. - Business segments
  - Table United States Steel Corp. - Key news
  - Table United States Steel Corp. - Key offerings
  - Table United States Steel Corp. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations