Press release
Automotive Chassis Systems Industry Growth Trends and Competitive Analysis 2018-2025
In terms of consumption side, this report focuses on the consumption of Automotive Chassis Systems by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Automotive chassis system refers to the inner frame of a vehicle. Nowadays, consumers prefer aerodynamic and ductile automotive chassis systems. Aerodynamic chassis systems increase fuel efficiency of vehicles and have superior quality designing. Advanced features in chassis systems such as automatic fault detection alert drivers regarding any kind of malfunction in the system.
Rise in demand of the chassis systems with increase in sales of automobiles worldwide, rise in infrastructure facility, overall development of automobile industry, and change in the consumer preference led by product innovation are the main factors that drive the market. Researching for new technologies for chassis manufacturing capability improvement and no demand for standardization of the system, which makes way for new entrants to enter the market without much R&D investment, are expected to provide opportunities for market growth. However, extensive expenditure by the companies on R&D of the new chassis system restrains growth.
The Automotive Chassis Systems market was valued at 78400 Million US$ in 2017 and is projected to reach 111800 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive Chassis Systems.
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This report includes the following manufacturers; we can also add the other companies as you want.
Continental AG
Robert Bosch GmbH
American Axle & Manufacturing
Magna International Inc.
Benteler International AG
ZF Friedrichafen
Aisin Seiki Co.
Schaeffler AG
Market Segment by Product Type
Suspension ball joints
Cross-axis joints
Tie-rods
Stabilizer Links
Market Segment by Application
Cars
LCV’s
ICV’s
HCV’s
The study objectives are:
To analyze and research the global Automotive Chassis Systems status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Automotive Chassis Systems manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Chassis Systems are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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