Brooklyn, NY -- (SBWire) -- 10/17/2018 --Qyresearchreports include new market research report "Global Automotive High Strength Steel Market Professional Survey Report 2018" to its huge collection of research reports.
This report studies the global Automotive High Strength Steel market status and forecast, categorizes the global Automotive High Strength Steel market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes. Various strengthening mechanisms are employed to achieve a range of strength, ductility, toughness, and fatigue properties. These steels arent the mild steels of yesterday; rather they are uniquely light weight and engineered to meet the challenges of todays vehicles for stringent safety regulations, emissions reduction, solid performance, at affordable costs.
The AHSS type segment accounted for the largest share of the global Automotive High Strength Steel market, in terms of volume. This large share is primarily attributed to the better mechanical properties exhibited by AHSS as compared to other type of AHSS.
The Passenger Vehicle segment is estimated to account for the largest share of the global Passenger Vehicle market during the forecast period. This segment took the market share of 84.17% in 2016, in terms of volume.
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Asia-Pacific is the largest and fastest-growing region in the global Automotive High Strength Steel market. Rapid automotive industry development offer lucrative growth opportunities to players operating in the Automotive High Strength Steel market. The increasing middle class population, which has led to urbanization and rise in the manufacturing sector, drives the demand of Automotive High Strength Steel in this region. The Asia-Pacific Automotive High Strength Steel market is expected to grow at the highest CAGR between 2017 and 2022. Economic growth in countries such as China, Japan and India are further propelling the growth of the Automotive High Strength Steel market in the Asia-Pacific region.
Some of the key players operating in the global Automotive High Strength Steel market include Arcelor Mittal, SSAB, POSCO, United States Steel Corporation, Voestalpine, ThyssenKrupp, Baowu Group, Ansteel.
The global Automotive High Strength Steel market is valued at 20300 million US$ in 2017 and will reach 30200 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2018-2025.
The major manufacturers covered in this report
Arcelor Mittal
SSAB
POSCO
United States Steel Corporation
Voestalpine
ThyssenKrupp
Baowu Group
Ansteel
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Complete table of content is available at: https://www.qyresearchreports.com/report/global-automotive-high-strength-steel-market-professional-survey-report-2018.htm
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Conventional HSS
AHSS
By Application, the market can be split into
Commercial Vehicle
Passenger Vehicle
The study objectives of this report are:
To analyze and study the global Automotive High Strength Steel capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Automotive High Strength Steel manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
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Global Automotive High Strength Steel Market Is Projected to Grow at a Substantial Rate by 2025