Global Automotive Advanced High Strength Steel Market Growth, Size, Trends Analysis - By Vehicle Type, By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Automotive Advanced High Strength Steel Market Introduction and Overview

According to SPER market research, 'Automotive Advanced High Strength Steel Market Size- By Product, By Vehicle Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that theAutomotive Advanced High Strength Steel Market is predicted to reach 21.90 billion by 2034 with a CAGR of 6.61%.

A new class of steel known as advanced high strength steel (AHSS) offers great strength (up to 2,000 MPa) and endurance without sacrificing formability. In varying proportions, ferrite, bainite, martensite, and preserved austenite combine to generate a variety of intricate multiphase microstructures. These intricate microstructures provide them a superior blend of formability and mechanical qualities. It provides excellent durability, corrosion resistance, high strength-to-weight ratio.

Restraints: The rigidity, fatigue resistance, and strength-to-weight ratio of carbon fiber-reinforced plastics are excellent. Furthermore, high-strength low-alloy steels are typically less expensive even though they provide a good balance between strength and ductility. These substitute materials compete with steel in a number of industries, most notably the automobile and aerospace sectors. Their availability restricts its market and puts pressure on its pricing.

Scope of the Report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Product, By Vehicle Type, By Application.

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered ArcelorMittal S.A, BAOSTEEL, Cleveland-Cliffs Inc, JSW Steel Limited, POSCO, SSAB, Tata Steel Limited, Thyssenkrupp AG, United States Steel Corporation, voestalpine Stahl GmbH.

Automotive Advanced High Strength Steel Market Segmentation:

By Product: Based on the Product, Global Automotive Advanced High Strength Steel Market is segmented as; DP, TRIW.

By Vehicle Type: Based on the Vehicle Type, Global Automotive Advanced High Strength Steel Market is segmented as; PV, LCV, HCV.

By Application: Based on the Application, Global Automotive Advanced High Strength Steel Market is segmented as; Structural Assembly & Closures, Bumpers, Suspension.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: CHEM2519

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Automotive Advanced High Strength Steel Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Advanced High Strength Steel Market

7. Global Automotive Advanced High Strength Steel Market, By Product 2021-2034 (USD Million)

7.1. DP
7.2. TRIW

8. Global Automotive Advanced High Strength Steel Market, By Vehicle Type 2021-2034 (USD Million)

8.1. PV
8.2. LCV
8.3. HCV

9. Global Automotive Advanced High Strength Steel Market, By Application 2021-2034 (USD Million)

9.1. Structural Assembly & Closures
9.2. Bumpers
9.3. Suspension
9.4. Others

10. Global Automotive Advanced High Strength Steel Market, 2021-2034 (USD Million)

10.1. Global Automotive Advanced High Strength Steel Market Size and Market Share

11. Global Automotive Advanced High Strength Steel Market, By Region, 2021-2034 (USD Million)

11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America

12. Company Profile

12.1. Arcelor Mittal S.A
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. BAOSTEEL
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. Cleveland-Cliffs Inc
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. JSW Steel Limited
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. POSCO
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. SSAB
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. Tata Steel Limited
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Thyssenkrupp AG
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. United States Steel Corporation
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Voestalpine Stahl GmbH
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
12.11. Others