openPR Logo
Press release

Automotive Chassis System Market Growth, New Technology & Trends | Top Key Players- Continental AG, Robert Bosch GmbH, American Axle & Manufacturing

12-10-2018 05:45 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Automotive Chasis Systems

Automotive Chasis Systems

The global automotive chassis system market in terms of revenue. Furthermore, based on chassis system, rear axle is expected to maintain its lead throughout the forecast period. Presently, Asia-Pacific dominates the market, owing to increase in production of automobile, and is expected to maintain the major market chunk throughout the forecast period

According to a recent report published by Allied Market Research, titled,"Automotive Chassis System Market by Component, Chassis system, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global automotive chassis system market was valued at $76,373.0 million in 2017 and is projected to reach $120,510.0 million by 2025, registering a CAGR of 5.7% from 2018 to 2025.

Download Sample Report @: https://www.alliedmarketresearch.com/request-sample/1838?utm_source=OpenPR_V

At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global automotive chassis system market in 2017, while Russia is expected to grow at a significant growth rate in Europe during the forecast period.

Factors such as increasing demand for fuel-efficient vehicles and rising innovations and technological advancements in chassis systems fuel the growth of the global automotive chassis system market. In addition, rise in automobile production boosts the market growth. However, fluctuating prices of raw material are expected to hinder the growth of the global market. In addition, decreasing vehicle ownership due to increasing shared mobility restricts the growth of the market. On the contrary, rising electric vehicle production and development of ultra-light chassis systems are anticipated to provide growth opportunities for the automotive chassis system market.
The main factors that drive the growth of the global automotive chassis system market include increase in demand for fuel-efficient vehicle, surge in innovations and technological advancements, and rise in automobile production. On the contrary, fluctuating prices of raw material and decreasing vehicle ownership due to increasing shared mobility are some of the factors that would restrain the growth of the market. However, rising electric vehicle production is anticipated to provide lucrative opportunities for the growth of the market. Also, the development of ultra-light chassis systems, which makes way for new companies to enter the market without much R&D investment, is expected to provide opportunities for the market growth.

Key Findings of the Automotive Chassis System Market:
• The control arms segment in components generated the highest revenue for the global automotive chassis system market in 2017.
• In 2017, rear axle segment was the highest revenue contributor to the chassis system market.
• Cars segment in the vehicle was the highest revenue contributor of 2017 in the vehicle type category.
• The LAMEA region is anticipated to exhibit the highest CAGR during the forecast period.
• In 2017, the Asia-Pacific contributed the highest market revenue, followed by Europe, North America, and LAMEA.

For Purchase Report Enquiry @: https://www.alliedmarketresearch.com/purchase-enquiry/1838?utm_source=OpenPR_V

The key players analyzed in this report are Continental AG, Robert Bosch GmbH, American Axle & Manufacturing, Inc., Magna International Inc., Benteler International AG, ZF Friedrichshafen AG, AISIN SEIKI Co., Ltd., Schaeffler AG, Hyundai Mobis, and Gestamp.

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Chassis System Market Growth, New Technology & Trends | Top Key Players- Continental AG, Robert Bosch GmbH, American Axle & Manufacturing here

News-ID: 1429707 • Views: 602

More Releases from Allied Market Research

Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is

All 5 Releases


More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,