Growth Opportunities in the Global Automotive AHSS Market
The future of the global automotive AHSS market looks promising with opportunities in thepassenger car and light commercial vehicle. The global automotive AHSS market is expected toreach an estimated $27.0 billion by 2022 and it is forecast to grow at a CAGR of 10.4% from 2017to 2022. The major drivers of growth for this market are increasing vehicle production, reduction infuel consumption, lower cost of AHSS materials than other lightweight materials and growinggovernment regulations regarding CO2 emissions.
In this market, dual phase steel, martensitic steel, boron steel, and TRIP steel are some of themajor segments of automotive AHSS. On the basis of its comprehensive research, Lucintelforecasts that the TRIP steel and boron steel segments are expected to show above averagegrowth during the forecast period.
Within the global automotive AHSS market, the dual phase segment is expected to remain thelargest market. Dual phase steel is most commonly used in the structural application where it hasreplaced the conventional high strength low alloy steel (HSLA). Dual phase steel has good potentialfor part weight reduction. It possesses good crash energy absorption and the ability to resist fatigueand improved formability, which would spur growth for this segment over the forecast period.This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.
This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.
Scope and Features of This Report:
To make critical business, investment, or strategic decisions, you need timely useful information.
This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following:
Market size estimates: Growth opportunities in the global automotive AHSS market in terms of value ($M) shipment
Trend and forecast analysis: Global automotive AHSS market trend (2011-2016) and forecast (2017-2022) by region and segment
Segmentation analysis: Global automotive AHSS market size from 2011 to 2022 by product, vehicle type, application types and region type as follows:
Global automotive AHSS market size by product type:
Dual Phase Steel
Global automotive AHSS market size by vehicle type:
Light Commercial Vehicle
Global automotive AHSS market size by application type:
Body and Closures
Bumper and Intrusion Beams
Global automotive AHSS market size by region type:
Rest of the World
Regional analysis: Global automotive AHSS market breakdown by key regions of North America, Europe, Asia Pacific, and the Rest of the World
Growth opportunities: Analysis of growth opportunities in product, vehicle, application, and regions.
Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of global automotive AHSS market suppliers.
Emerging applications: Emerging applications of automotive AHSS in the global home security market.
Analysis of the competitive intensity of the industry based on Porter’s Five Forces model."