Automotive Chassis Market 2018 Key Country Forecast To 2023: Global Size, Share, Key Players Continental, ZF Friedrichshafen, Magna, Schaeffler, Aisin Seiki, CIE Automotive, Benteler, Hyundai and AL-KO, And Gestamp Analysis

Automotive Chassis Market 2018 Global Industry Trends, Size, Share, Sales and Regional Analysis Report, include historic data, with forecast data to 2023. Automotive Chassis Market research report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, and key player’s outlook. Automotive Chassis Market is growing at 5.76% CAGR by 2023.

Global Automotive Chassis Market is growing at high growth rate during forecast period of four years from 2018. Automotive Chassis Market is segmented by Chassis Type (Backbone, Ladder, Monocoque, Modular, and Others), Material (Steel, Aluminum Alloy, Carbon Fiber Composite), Chassis System (Axle, Corner Modules, and Active Kinematics Control), Vehicle Type (Passenger Car and Commercial Vehicle), and regions in this report.

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Competitive Landscape:

Automotive Chassis Market Key Players Analyzed in Report Are:

Continental (Germany), ZF Friedrichshafen (Germany), Magna (Canada), Schaeffler (Germany), Aisin Seiki (Japan), CIE Automotive (Spain), Benteler (Germany), Hyundai Mobis (Korea Republic) and AL-KO (Germany), Gestamp (Spain), and others.

The global Automotive Chassis Market is highly competitive. The market players are leveraging various strategies such as acquisitions, partnerships, and investments to stay ahead of the competition in the global Automotive Chassis Market.

Market Scenario:

Automotive chassis consists of the structure that supports different components in the vehicle. The frame provides stability and protection to the components. Chassis have different uses such as electronics, engine, transmission, drive shaft others. A chassis is also known as running chassis if it is attached to the running gear. The running gear includes engine, transmission, drive shaft, and others. The chassis used for the electronic devices support the structure for the circuit so as to protect the components from damaging. There are various materials that are used for the production of automotive chassis such as steel, aluminum alloy, and carbon fiber composite. Aluminum is widely used in the chassis system because of its light weight property. The light weight property helps reduce the overall weight of the vehicle, which increases the fuel efficiency. This improved fuel efficiency of the vehicle will drive the automotive chassis market during the forecast period. Steel is also used because it provides stability to the vehicle parts. The major restraint of using steel in the manufacture of chassis is that it is heavier than any other metal. The heavy weight of the steel increases the overall weight of the vehicle and worsens fuel efficiency.

There are various factors that are responsible for the growth of automotive chassis market. Some of them are the growing automotive industry along with the technological advancements in automotive chassis, changing preference of the automotive manufacturers, increased investment in research & development. The automotive industry has been growing due to the increase in demand for the passenger and commercial vehicles. Emerging countries such as India, China, and Japan are expected to have a huge demand for the cars that have increased the safety features and improved fuel efficiency. The increase in the demand for both passenger and commercial vehicles will result in the growing demand for automotive chassis market during the forecast period. The increased investment in the research and development by the automotive industry to develop products that stand out in the market, will drive the automotive chassis market. Companies are investing heavily and increasing their research budget to remain upfront in the market. This will drive the market in the future. The automotive chassis market is expected to grow at a CAGR of 5.76% during the forecast period.

Market Segmentation:

The automotive chassis market has been segmented based on chassis type, material, chassis system, vehicle type, and region. On the basis of chassis type, the market is segmented as backbone, ladder, monocoque, modular, and others. Monocoque chassis type is expected to dominate the automotive chassis market during the forecast period due to its safety and better fuel efficiency with minimum emission in the environment. This property makes it widely used in passenger cars. On the basis of material, the market is segmented as steel, aluminum alloy, and carbon fiber composite. Aluminum alloy is expected to account for the largest market because of its light weight. The lightweight of aluminum reduces the weight of the car, thus improving safety. The reduction in the weight of the vehicle will result in improved fuel efficiency. The increased fuel efficiency will result in the growth of the market during the forecast period. Based on chassis system, the market is segmented as axle, corner modules, and active kinematics control. Axle is expected to dominate the market during the forecast period because it holds the major weight of the vehicle, which increases the demand for the axle. The improved safety of the axle, will result in the growth of the automotive chassis market during the forecast period.

Regional Analysis:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. In Asia Pacific, China majorly contributes in the steel industry, but off late the steel market in China, has declined. The growth of the component manufacturers has taken a different route than other regions. Producers in Japan have maintained strong relationships with their suppliers. The rising competition and increase in the trade, globally, have led to the improved distribution system, across various developing nations. Also, the automotive industry in China continues to grow due to increased production of passenger and commercial vehicles. FDI is one of the major factors for the growth of automotive industry in China. Automakers in China are developing new and trade friendly policies that enable them for producing a larger number of vehicles. This increase in the number of vehicles, will result in the growth of the automotive chassis market during the forecast period. North America is expected to be the second largest region dominating the automotive chassis market due to the increase in demand for the light weight body chassis in the vehicle. This increase in demand will result in the growth of the market during the forecast period. Europe is expected to grow at the highest CAGR in automotive chassis market due to outstanding automotive industry and engineering for components. The German cars have high valued due to the innovation, reliability, safety, and design. In Europe, Germany is one of the leading countries for production and sales of vehicles. World class R&D infrastructure, and highly qualified workforce, have created incomparable automotive environment. This will boost the production of automotive vehicle, in future.

Tables of Content:

TABLE 1 GLOBAL AUTOMOTIVE CHASSIS MARKET: BY REGION, 2017-2023

TABLE 2 NORTH AMERICA AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023

TABLE 3 EUROPE AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023

TABLE 4 ASIA PACIFIC AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023

TABLE 5 ROW AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023

TABLE 6 GLOBAL AUTOMOTIVE CHASSIS MARKET, BY CHASSIS TYPE, BY REGIONS, 2017-2023

TABLE 7 NORTH AMERICA AUTOMOTIVE CHASSIS MARKET, BY CHASSIS TYPE, BY COUNTRY, 2017-2023

TABLE 8 EUROPE AUTOMOTIVE CHASSIS MARKET, BY CHASSIS TYPE, BY COUNTRY, 2017-2023

TABLE 9 ASIA PACIFIC AUTOMOTIVE CHASSIS MARKET BY CHASSIS TYPE, BY COUNTRY, 2017-2023

TABLE 10 ROW AUTOMOTIVE CHASSIS MARKET BY CHASSIS TYPE, BY COUNTRY, 2017-2023

TABLE 11 GLOBAL AUTOMOTIVE CHASSIS BY MATERIAL MARKET: BY REGIONS, 2017-2023

TABLE 12 NORTH AMERICA AUTOMOTIVE CHASSIS MARKET BY MATERIAL: BY COUNTRY, 2017-2023

TABLE 13 EUROPE AUTOMOTIVE CHASSIS MARKET BY MATERIAL: BY COUNTRY, 2017-2023

Continued…

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