Market Overview:
The global automotive chassis market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, rising disposable income, and technological advancements in chassis systems. The global automotive chassis market by type is segmented into corner modules, front axles, active kinematics control, and rear axles. The corner modules segment is expected to grow at the highest CAGR during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for luxury cars and SUVs that require advanced corner modules for better stability and handling. The global automotive chassis market by application is segmented into passenger car, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and others (including off-road vehicles). The passenger car segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030 owingtothe growing demand for luxury cars across different regions ofthe world.
Product Definition:
The automotive chassis is the frame of a vehicle that supports the body and engine. It also provides attachment points for suspension, steering, and brakes. The chassis is an important part of a vehicle because it helps to keep the car stable and allows it to handle well.
Corner Modules:
Corner modules are used in automotive chassis to provide additional support and protection to the vehicle. The corner module system is made up of cross-car beams, which are connected by short sections at right angles. Corner modules can be seen in various shapes and sizes depending upon the application they serve.
The global automotive chassis market size was valued at USD 67,826 million in 2016.
Front Axles:
The front axles are the two wheels at the front of a vehicle that connect to the steering wheel and drivetrain. The design of front axles has been evolving over time, from simplex independent suspension with no integral load carrying capacity to sophisticated multi-link rear suspension systems.
Application Insights:
Passenger car chassis accounted for a major market share in 2017 and are expected to continue their dominance over the forecast period. The segment is projected to reach USD 2.97 billion by 2030, registering a CAGR of XX% from 2018 to 2030 owing largely on the rise in demand for passenger cars due to growing disposable income levels among consumers, especially in emerging markets such as China, India and Brazil.
The light commercial vehicle (LCV) segment is estimated poised to witness substantial growth over the forecast period owing on account of increasing demand for medium-sized trucks that serve primarily as delivery vehicles at food joints and retail stores across countries such as India, Australia and New Zealand among others which have large working populations that prefer home-based dining experiences thereby driving LCVs sales globally over the next seven years or so.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automobile manufacturers such as Toyota, Honda, Tata Motors, Hyundai Motor Company and Nissan among others. These companies are engaged in extensive R&D activities with an aim to develop advanced automotive products that can be used across various applications. This factor will help maintain APAC’s dominance throughout the forecast period.
The European region captured a revenue share of over 20% in 2017 owing to stringent government regulations regarding fuel emissions coupled with increasing emphasis on reducing road accidents within this region. Corner modules are anticipated to witness significant growth due to their ability for enhanced safety features along with improved ride quality characteristics within this regional segment especially for heavy commercial vehicles application which has been witnessing high demand from countries such as Germany, France and Italy among other Eastern European countries).
Growth Factors:
- Increasing demand for lightweight vehicles to reduce fuel consumption and emissions
- Growing popularity of electric and hybrid vehicles
- Proliferation of autonomous driving technology
- Rising demand for luxury cars in developing countries
- Increased focus on vehicle safety and security
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Chassis Market Research Report
By Type
Corner Modules, Front Axles, Active Kinematics Control, Rear Axles
By Application
Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
By Companies
Benteler, Schaeffler, Magna International, ZF Group, Aisin Seiki, American Axle & Manufacturing, Tower International, Kalyani Group(Bharat Forge), KLT, Surin Automotive., ALF ENGINEERING
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Chassis Market Report Segments:
The global Automotive Chassis market is segmented on the basis of:
Types
Corner Modules, Front Axles, Active Kinematics Control, Rear Axles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Benteler
- Schaeffler
- Magna International
- ZF Group
- Aisin Seiki
- American Axle & Manufacturing
- Tower International
- Kalyani Group(Bharat Forge)
- KLT
- Surin Automotive.
- ALF ENGINEERING
Highlights of The Automotive Chassis Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corner Modules
- Front Axles
- Active Kinematics Control
- Rear Axles
- By Application:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Chassis Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive chassis is the frame, body, and other components of a car or truck.
Some of the major players in the automotive chassis market are Benteler, Schaeffler, Magna International, ZF Group, Aisin Seiki, American Axle & Manufacturing, Tower International, Kalyani Group(Bharat Forge), KLT, Surin Automotive., ALF ENGINEERING.
The automotive chassis market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Chassis Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Chassis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Chassis Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Chassis Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Chassis Market Size & Forecast, 2018-2028
4.5.1 Automotive Chassis Market Size and Y-o-Y Growth
4.5.2 Automotive Chassis Market Absolute $ Opportunity
Chapter 5 Global Automotive Chassis Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Chassis Market Size Forecast by Type
5.2.1 Corner Modules
5.2.2 Front Axles
5.2.3 Active Kinematics Control
5.2.4 Rear Axles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Chassis Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Chassis Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Light Commercial Vehicle
6.2.3 Heavy Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Chassis Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Chassis Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Chassis Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Chassis Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Chassis Market Size Forecast by Type
9.6.1 Corner Modules
9.6.2 Front Axles
9.6.3 Active Kinematics Control
9.6.4 Rear Axles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Chassis Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Light Commercial Vehicle
9.10.3 Heavy Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Chassis Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Chassis Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Chassis Market Size Forecast by Type
10.6.1 Corner Modules
10.6.2 Front Axles
10.6.3 Active Kinematics Control
10.6.4 Rear Axles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Chassis Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Light Commercial Vehicle
10.10.3 Heavy Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Chassis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Chassis Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Chassis Market Size Forecast by Type
11.6.1 Corner Modules
11.6.2 Front Axles
11.6.3 Active Kinematics Control
11.6.4 Rear Axles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Chassis Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Light Commercial Vehicle
11.10.3 Heavy Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Chassis Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Chassis Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Chassis Market Size Forecast by Type
12.6.1 Corner Modules
12.6.2 Front Axles
12.6.3 Active Kinematics Control
12.6.4 Rear Axles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Chassis Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Light Commercial Vehicle
12.10.3 Heavy Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Chassis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Chassis Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Chassis Market Size Forecast by Type
13.6.1 Corner Modules
13.6.2 Front Axles
13.6.3 Active Kinematics Control
13.6.4 Rear Axles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Chassis Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Light Commercial Vehicle
13.10.3 Heavy Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Chassis Market: Competitive Dashboard
14.2 Global Automotive Chassis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Benteler
14.3.2 Schaeffler
14.3.3 Magna International
14.3.4 ZF Group
14.3.5 Aisin Seiki
14.3.6 American Axle & Manufacturing
14.3.7 Tower International
14.3.8 Kalyani Group(Bharat Forge)
14.3.9 KLT
14.3.10 Surin Automotive.
14.3.11 ALF ENGINEERING
