MALAYSIA EV STEEL MARKET

INTRODUCTION

Regardless of whether a car is conventionally powered or an electric vehicle, passenger safety is still a top priority when it comes to vehicle design. New steel kinds are becoming more and more significant because they have 3–4 times the tensile strength and may be precisely made to be deformable.

 

They are therefore perfect for usage in B pillars and integral subframes. Additionally, current joining techniques like laser welding lower the tension in bonded metal parts in comparison to traditional brazed joints, improving safety in the event of an accident.

 

 

By producing steel products with automotive-grade specifications, regional steel producers should enter the automotive market. Due to its strategic importance to the regional car industry, the government intends to promote domestic investment in this sector of the steel industry.

 

Making electric vehicles even greener by using green steel made from green hydrogen may hasten the decarbonization of the steelmaking process, one of the most carbon-intensive industrial processes.

MALAYSIA EV STEEL MARKET SIZE AND FORECAST

The Malaysia EV Steel Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

MARKET DYNAMICS

An increasing number of Malaysian listed firms have entered this expanding sector, riding the wave of global interest in electric vehicles (EV), and the trend is expected to continue. An OEM contract for the assembly, testing, quality control, and commissioning of Dongguan Tailing Motor Vehicles Co Ltd’s eBixon EV Bike had been signed by stainless steel producer Ni Hsin Group Bhd.

COMPANY PROFILE

• Aperam
• ArcelorMittal
• Baosteel Group Hu
• Cleveland-Cliffs Inc.
• JFE Holdings, Inc
• Nippon Steel Corporation
• POSCO
• Slovenian Steel Group
• Voestalpine AG
• Allengency Technologies
• Electrosteel Limited
• Angang Steel Company Limited
• Thyssenkrupp AG
• Wuhan Iron & Steel Corporation
• JSW Steel
• Essar Steel

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Malaysia EV Steel Market right now and how will it change in the next 5-6 years?
2. Average cost to set up an EV Steel Market in Malaysia?
3. How many Malaysia EV Steel Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Malaysia EV Steel Market and key vendor selection criteria
6. Where is the Malaysia EV Steel Market  manufactured? What is the average margin per equipment?
7. Market share of Malaysia EV Steel Market manufacturers and their upcoming products
8. The most important planned Malaysia EV Steel Market in next 2 years
9. Details on network of major Malaysia EV Steel Market and pricing plans
10. Cost advantage for OEMs who manufacture Malaysia EV Steel Market in-house
11. 5 key predictions for next 5 years in Malaysia EV Steel Market
12. Average B-2-B Malaysia EV Steel Market price in all segments
13. Latest trends in Malaysia EV Steel Market, by every market segment
14. The market size (both volume and value) of Malaysia EV Steel Market in 2022-2027 and every year in between?
15. Global production breakup of Malaysia EV Steel Market, by suppliers and their OEM relationship