According to a market report by Lucintel, the future of the global automotive AHSS market looks promising with opportunities in the body and closure, suspension, bumper and intrusion beam markets. The global automotive AHSS market is expected to reach an estimated $40 billion by 2030 from $21 billion in 2023 at a CAGR of 9% from 2023 to 2030. The major drivers for this market are development of third-generation AHSS, multi-phase AHSS (mp-AHSS), and integration with hybrid and electric vehicles (evs).
In this market, passenger car, light commercial vehicle are the major segments
of automotive AHSS market by vehicle type.
Lucintel forecasts that body and closure will remain the largest segment
over the forecast period.
Within this market, passenger car will remain the largest segment.
Download sample by clicking on automotive AHSS
market.
Europe will remain the largest region over the forecast period.
ArcelorMittal, ThyssenKrupp, POSCO, Tata Steel, SSAB, United Steel
Corporation, and AK steel are the major suppliers in the automotive AHSS
market.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cast
visit Lucintel’s Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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