Automotive AHSS Market share 2020 - Industry Growth Forecast by 2026
Category: #Technology  By Partha Ray  Date: 2020-05-18
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Automotive AHSS Market share 2020 - Industry Growth Forecast by 2026

A detailed synopsis of the automotive AHSS market has been presented in this research report. The synopsis has been charted out keeping in mind certain vital parameters such as global trends, industry insights, growth drivers, industry ecosystem analysis, and market segmentation. Details about the various companies constituting he competitive landscape of automotive AHSS industry as well as the regional bifurcation of this industry from a global standpoint is outlined in the study, in addition to the impact of the regulatory frame of reference worldwide.

Automotive AHSS market is continuously witnessing emerging trends that are significantly contributing to the revenue generation. Pre-oxidation in hot-dip galvanizing process has gained traction among the industry participants to cater to the requirements of the automobile OEMs for enhanced surface quality in the vehicles. Development of the third generation Advanced High-strength steel (AHSS) has also gained prominence in the industry. They are the complex materials with special multiphase microstructures and chemical compositions. The standards regarding the usage of light weighted vehicles will propel the product penetration over the forecast timeframe.

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What are some of the pivotal parameters that the automotive AHSS market report encompasses pertaining to the product landscape?

Automotive AHSS market segmentation as per the product landscape: dual phase steel, martensitic steel, Boron steel, and TRIP steel.

Market Share:

•             The market share accounted for by each of the product segments in the industry.

•             The market share that each of the sub-segments are projected to hold in the automotive AHSS industry.

Revenue:

•             The target remuneration that the product segments will accrue by the end of the forecast period.

•             The growth rate which the product segments will depict over the projected duration.

What are some of the pivotal parameters that the automotive AHSS market report encompasses pertaining to the vehicle type landscape?

Automotive AHSS market segmentation as per the vehicle type landscape: passenger cars and light commercial vehicles.

Market Share:

•             The market share that each of the vehicle type segments hold presently in the industry.

•             The market share that each of the sub-segments may account for in the automotive AHSS market.

Revenue:

•             The target remuneration that the vehicle type segments will procure by the end of the forecast duration.

•             The growth rate that the vehicle type segments will show over the projected period.                    

Complexities in manufacturing process will pose a challenge for the industry participants over the coming years. Furthermore, common batch to batch inconsistency will negatively impact the automotive AHSS market growth. Large springback is witnessed as an issue for the manufacturers as it leads to dimensional inaccuracy, hampering the industry growth. Higher alloying element and carbon content increases its sensitivity towards the welding thermal cycle leading to more variations of weld properties and microstructures.

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Europe is anticipated to dominate the industry till 2024. The high revenue generation can be attributed to presence of major luxury automobile OEMs in the region. Recovery of automobile sectors due to fostering economic growth across the region will further support the regional growth. Substantial investment by players in automotive AHSS marketfor increasing the production of AHSS. For instance, in November 2016, an investment program was launched at ArcelorMittal Gent and ArcelorMittal Liege for increasing their annual production of 3G AHSS.

The automotive AHSS market research document is an extensive collection of pivotal insights pertaining to the industry. In a nutshell, the automotive AHSS industry study aims to educate potential investors about the market scenario and future prospects. The report also endorses details about the industry pitfalls and challenges as well as the industry impact forces.

 

About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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