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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
It is a problem in the construction of all cars, not only those with conventional drives, to use lightweight materials to reduce vehicle weight.
In order to offset the still hefty weight of the batteries and reduce the overall weight of the vehicle, the trend toward lightweight construction is also vital in electric vehicles. In this way, steel continues to perform well.
In comparison to aluminium and carbon, high-strength steel brands are a vital foundation for contemporary and environmentally friendly lightweight construction. Over the course of a vehicle's life, they assist lower weight, which helps save tonnes of greenhouse gas emissions. Major manufacturers are also taking this into consideration.
Completely austenitic stainless steel is extremely advantageous for electric traction motors, which are utilised in both hybrid and fully electric automobiles. It is fully non-magnetic, making it the perfect material for parts of electric motors such shafts, support discs, and shrouds.
Internal combustion engines are using stainless steel more frequently as a result of its good high temperature characteristics, strength, toughness, corrosion resistance, and other characteristics.
The Turkey EV Steel Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
Stainless steel, which is offered by Outokumpu, is a strong, lightweight, recyclable, and sustainable material that is ideal for enhancing current car components and creating new ones for the upcoming generation of electric vehicles. This is made possible by the features of Outokumpu stainless steel grades in plate and sheet, coil, strip, precision strip, and bar.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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