Market Overview:
The global vehicle 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 vehicles and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing urbanization are also contributing to the growth of this market. The global vehicle chassis market is segmented on the basis of type into backbone, ladder, monocoque, and modular chassis. The ladder chassis segment is expected to hold a major share in terms of revenue in 2018 owing to its high demand from commercial vehicles manufacturers across the globe. However, with technological advancements being made in backbone and monocoque chassis designs; these segments are projected to witness significant growth during the forecast period from 2018-2030. On basis of application type; passenger cars accounted for majority share (in terms revenue) followed by light commercial vehicles (LCVs) & heavy commercial Vehicles (HCVs). Passenger car application segment is anticipated witness highest CAGR over next 10 years due increasing demand for luxury cars globally coupled with stringent emission norms by regulatory agencies such as EPA & Euro NCAP across different geographies .
Product Definition:
The chassis of a vehicle is the frame that supports the body and all its components. It is also responsible for transmitting power from the engine to the wheels. The importance of a good chassis cannot be overstated, as it is essential for both safety and performance. A well-designed chassis can make a vehicle more stable and easier to handle, while a poorly designed one can lead to instability and poor handling.
Backbone:
Backbone is an architectural pattern that allows us to decouple the client from the server and provides a means for establishing a one-way dataflow between them. It also helps in improving scalability, testability, and maintainability of our software design. In simple words, it helps in creating more organized and scalable application architecture by using Plain Old Data Objects (PODO) which are widely used across different industry verticals such as automotive & transportation, financial services etc.
Ladder:
Ladder is a device used in the vehicle chassis to provide support for the body of vehicles. It helps in carrying heavy-duty loads and also provides stability to the vehicle. The basic function of a ladder is to elevate one end and lower another, or two rungs at different levels connected by chains or rods.
Application Insights:
The commercial vehicle segment dominated the global vehicle chassis market, accounting for 53.9% share of the overall revenue in 2017. The growth can be attributed to increasing demand for trucks and buses from various industries across the globe. Moreover, governments are promoting electric vehicles on account of benefits such as lower operational costs and reduced pollution levels. This is expected to drive demand over the forecast period.
Passenger vehicle chassis accounted for a 47% share in 2017 owing to rising sales of passenger cars and light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the total revenue in 2017 owing to high demand from developing countries such as India, China, and Japan. Moreover, increasing production facilities along with rising investments by prominent players are projected to drive growth over the coming years.
The European market was valued at USD X billion in 2017 and is anticipated to witness significant growth during the forecast period on account of stringent regulations regarding fuel consumption as well as vehicle emissions coupled with safety standards set by EU5 (Germany, France, Italy, UK) that affect all manufacturers operating within Europe including those based outside Europe’s borders e.g., Turkey or Russia thus influencing overall regional demand positively.
Growth Factors:
- Increasing demand for commercial vehicles: The global market for commercial vehicles is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in demand for chassis systems and components, thereby driving the growth of the vehicle chassis market.
- Growing popularity of electric and hybrid vehicles: The popularity of electric and hybrid vehicles is growing rapidly due to their superior performance and low emissions. This is resulting in an increase in R&D investments by OEMs in these technologies, which will spur the growth of the vehicle chassis market during the forecast period.
- Rising demand from emerging markets: The automotive industry is witnessing rapid growth in emerging markets such as China, India, Brazil, and Mexico due to rising income levels and changing consumer preferences. This will result in an increase in demand for passenger cars, which will drive the growth of the vehicle chassis market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Chassis Market Research Report
By Type
Backbone, Ladder, Monocoque, Modular
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Continental, ZF, Magna International, Aisin Seiki, Tower International, CIE Automotive, Schaeffler, F-Tech, KLT Auto, AL-KO, Hyundai Mobis
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Chassis Market Report Segments:
The global Vehicle Chassis market is segmented on the basis of:
Types
Backbone, Ladder, Monocoque, Modular
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 Vehicle, 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:
- Continental
- ZF
- Magna International
- Aisin Seiki
- Tower International
- CIE Automotive
- Schaeffler
- F-Tech
- KLT Auto
- AL-KO
- Hyundai Mobis
Highlights of The Vehicle 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:
- Backbone
- Ladder
- Monocoque
- Modular
- By Application:
- Passenger Vehicle
- 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 Vehicle 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?
Vehicle chassis is the frame, body, and other components that support a vehicle.
Some of the major players in the vehicle chassis market are Continental, ZF, Magna International, Aisin Seiki, Tower International, CIE Automotive, Schaeffler, F-Tech, KLT Auto, AL-KO, Hyundai Mobis.
The vehicle 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 Vehicle 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 Vehicle Chassis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle 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 Vehicle 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 Vehicle Chassis Market Size & Forecast, 2018-2028
4.5.1 Vehicle Chassis Market Size and Y-o-Y Growth
4.5.2 Vehicle Chassis Market Absolute $ Opportunity
Chapter 5 Global Vehicle 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 Vehicle Chassis Market Size Forecast by Type
5.2.1 Backbone
5.2.2 Ladder
5.2.3 Monocoque
5.2.4 Modular
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle 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 Vehicle Chassis Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle 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 Vehicle 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 Vehicle Chassis Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle 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 Vehicle Chassis Market Size Forecast by Type
9.6.1 Backbone
9.6.2 Ladder
9.6.3 Monocoque
9.6.4 Modular
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 Vehicle Chassis Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 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 Vehicle Chassis Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle 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 Vehicle Chassis Market Size Forecast by Type
10.6.1 Backbone
10.6.2 Ladder
10.6.3 Monocoque
10.6.4 Modular
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 Vehicle Chassis Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 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 Vehicle Chassis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle 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 Vehicle Chassis Market Size Forecast by Type
11.6.1 Backbone
11.6.2 Ladder
11.6.3 Monocoque
11.6.4 Modular
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 Vehicle Chassis Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 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 Vehicle Chassis Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle 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 Vehicle Chassis Market Size Forecast by Type
12.6.1 Backbone
12.6.2 Ladder
12.6.3 Monocoque
12.6.4 Modular
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 Vehicle Chassis Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 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) Vehicle Chassis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle 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) Vehicle Chassis Market Size Forecast by Type
13.6.1 Backbone
13.6.2 Ladder
13.6.3 Monocoque
13.6.4 Modular
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) Vehicle Chassis Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 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 Vehicle Chassis Market: Competitive Dashboard
14.2 Global Vehicle Chassis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 ZF
14.3.3 Magna International
14.3.4 Aisin Seiki
14.3.5 Tower International
14.3.6 CIE Automotive
14.3.7 Schaeffler
14.3.8 F-Tech
14.3.9 KLT Auto
14.3.10 AL-KO
14.3.11 Hyundai Mobis
