Global Automotive High Strength Steel Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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 arenﾒt the mild steels of yesterday; rather they are uniquely light weight and engineered to meet the challenges of todayﾒs vehicles for stringent safety regulations, emissions reduction, solid performance, at affordable costs.
According to our (Global Info Research) latest study, the global Automotive High Strength Steel market size was valued at USD 25390 million in 2022 and is forecast to a readjusted size of USD 35450 million by 2029 with a CAGR of 4.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive High Strength Steel key players include Arcelor Mittal (Luxembourg), SSAB, POSCO, etc. Global top three players hold a share about 55%.
Europe is the largest market, with a share about 40%, followed by China and North America, having a total share about 30 percent.
In terms of product, AHSS is the largest segment, with a share about 60%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report is a detailed and comprehensive analysis for global Automotive High Strength Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automotive High Strength Steel market size and forecasts, in consumption value ($ Million), sales quantity (10K Tonne), and average selling prices (USD/Tonne), 2018-2029
Global Automotive High Strength Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (10K Tonne), and average selling prices (USD/Tonne), 2018-2029
Global Automotive High Strength Steel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (10K Tonne), and average selling prices (USD/Tonne), 2018-2029
Global Automotive High Strength Steel market shares of main players, shipments in revenue ($ Million), sales quantity (10K Tonne), and ASP (USD/Tonne), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive High Strength Steel
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive High Strength Steel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Arcelor Mittal, SSAB, POSCO, United States Steel Corporation and Voestalpine, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Automotive High Strength Steel market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Conventional HSS
    AHSS
Market segment by Application
    Commercial Vehicle
    Passenger Vehicle
Major players covered
    Arcelor Mittal
    SSAB
    POSCO
    United States Steel Corporation
    Voestalpine
    ThyssenKrupp
    Baowu Group
    Ansteel
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive High Strength Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive High Strength Steel, with price, sales, revenue and global market share of Automotive High Strength Steel from 2018 to 2023.
Chapter 3, the Automotive High Strength Steel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive High Strength Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automotive High Strength Steel market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive High Strength Steel.
Chapter 14 and 15, to describe Automotive High Strength Steel sales channel, distributors, customers, research findings and conclusion.