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Chassis Module Market - Current and Future Plans 2025

02-01-2018 11:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research

Chassis Module Market: Overview

Modern electronic control systems and chassis module make a major contribution towards enhancing comfort and increasing safety in the vehicle. Automotive electronics are electronic systems used in road vehicles, such as engine management, ignition, radio, carputers, telematics, in-car entertainment systems and others. The automotive chassis module provides the required strength to support a vehicle’s components and the payload placed upon it.

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The suspension system contains the shock absorbers, springs, and other components that allow the vehicle to pass over uneven terrain without facing an excessive amount of shock due to the passengers or cargo. The steering mechanism is a significant portion of the chassis, as it provides the driver with a means to control the direction of travel. The tires grip the road surface to provide a good control that enables the vehicle to accelerate, brake, and make turns without skidding. Chassis module working along with with the suspension, the tires absorb most of the shocks caused by road irregularities. The body of the vehicle contains the mechanical components and passenger compartment. It is produced of relatively light sheet metal or composite plastics. The components which make the chassis are held together in proper relation to each other by the frame.

Chassis Module Market: Drivers and Restraints

The various factors that can drive the chassis module systems market are. Since the market as well as governments are pushing the automobile manufacturers to improve power efficiency; many manufacturers are evaluating all the opportunities in the engine system to reduce fuel loss. The customization and tailor made solutions available in the form of chassis module are also contributing to the market. Timely and reliable statements, durability and handling, help to shorten development time and cutting costs. Since the market, as well as governments, are pushing the automobile manufacturers to improve efficiency and integration; many manufacturers are evaluating all the opportunities in the engine system to reduce fuel loss. One of the prominent trends in the global chassis module market is various OEMs (Own Equipment Manufacturers) in developing chassis module. However, the initial high cost of investment is a restraining factor for the growth of the chassis module market.

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Chassis Module Market: Key Players

The prominent players in the chassis module market are:

Bertrandt
Ixia
Benteler Automotive

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