Lucintel’s latest market report analyzed that automotive AHSS provides attractive opportunities in the passenger cars and light commercial vehicles. The automotive AHSS market is expected to reach $34.8 billion by 2028 with a CAGR of 8.5%. In this market, passenger cars is the largest segment by vehicle type. The introduction of pre-oxidation for galvanizing AHSS and development of third generation AHSS provides strategic growth path in this market.
Based on vehicle type, the automotive AHSS market is segmented into Passenger cars and Light commercial vehicle. The passenger cars segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing production of small, compact, and luxury cars and increasing penetration of AHSS material per car to reduce the carbon emission and to increase fuel efficiency.
Browse in-depth TOC on “Automotive AHSS Market”
73 – Tables
93 – Figures
255 – Pages
The Automotive AHSS Market is marked by the presence of several big and small players. Some of the prominent players offering automotive AHSS include ArcelorMittal SA, ThyssenKrupp AG, POSCO, SSAB AB, and AK Steel.
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 click on this link firstname.lastname@example.org.
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