Automotive Chassis Market Highlights:
The key market players of global automotive chassis market are Magna (Canada), Continental (Germany), Schaeffler (Germany), ZF Friedrichshafen (Germany), Benteler (Germany), AL-KO (Germany), CIE Automotive (Spain), Gestamp (Spain), Hyundai Mobis (Korea Republic) Aisin Seiki (Japan), and others.
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Automotive Chassis Market Drivers and Restraints:
A chassis is a useful component of a vehicle with functions in the engine, electronics, transmission, drive shaft, among others. The automotive chassis comprises a structure that offers support and stability to various components of a vehicle. There are several factors responsible for the market growth of automotive chassis such as the changing preference of automobile manufacturers, huge investment in research and development for technological advancements and innovative product development.
The increasing demand for fuel-efficient vehicles is estimated to drive the market for automotive chassis. According to Market research Future (MRFR), the automotive chassis market is estimated to grow significantly at a 5.76% CAGR over the forecast period.
Global Automotive Chassis Market Segments Analysis:
The automotive chassis market is segmented on the basis of chassis type, material, chassis system, vehicle type, and region.
- Based on chassis type, the market has been segmented into backbone, ladder, monocoque, modular, and others. Monocoque segment is assessed to lead the market share over the forecast period, due to its benefits such as safety and better fuel efficiency, with minimum emission, thus making it environmentally friendly. It has a high usage in passenger vehicles.
- Based on material, the automotive chassis market has been segmented into steel, aluminum alloy, and carbon fiber composite. Aluminum alloy segment is the most popular material in this market due to its lightweight property, which reduces the overall weight of the vehicle, which results in enhanced fuel efficiency.
- Based on the chassis system, the market has been segmented into the front axle, rear axle, corner modules, and active kinematics control. The front axle and rear axle segments are estimated to lead the market share due to the major weight of the vehicle is in the axles, therefore, raising the demand of these components. The safety factor of the axles is estimated to drive this segment forward over the forecast period.
- Based on vehicle type, the market has been segmented into a passenger car and commercial type vehicle. Passenger car segment is estimated to lead the market growth due to its massive demand globally. Based on the region, the automotive chassis market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
Global Automotive Chassis Market Regional Analysis:
Asia Pacific region is estimated to dominate the automotive chassis market over the forecast period owing to the rising demand for vehicles in emerging economies such as China, India, and Japan. The improved safety of the vehicle structure is estimated to create a rise in the demand for automotive vehicles, subsequently driving the automotive chassis market forward. Furthermore, there has been a growing demand for passenger and commercial vehicles, which has increased the production of the same, contributing significantly to the demand for automotive chassis systems.
North America is the second leading market for automotive chassis due to the massive demand for lightweight vehicles and improved fuel efficiency of a vehicle, and these factors are estimated to drive the market in this region over the forecast period.
Europe has the third largest market for automotive chassis systems due to the established automotive market in this region. The stable economy along with the high purchasing power of the consumers along with a rise in the disposable income has created massive demand and sales for passenger vehicles in this region, and this factor is estimated to create significant growth in the automotive chassis market in this region over the forecast period. Additionally, the presence of major market players in countries like Germany, France, and Sweden is also estimated to create growth in the market during the forecast period.
Report Overview:
The report for Automotive Chassis Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
TABLE 1 GLOBAL AUTOMOTIVE CHASSIS MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023
TABLE 5 ROW AUTOMOTIVE CHASSIS MARKET: BY COUNTRY, 2017-2023
TABLE 6 GLOBAL AUTOMOTIVE CHASSIS MARKET, BY CHASSIS TYPE, BY REGIONS, 2017-2023
Continued…
LIST OF FIGURES:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 4 SALES OF NEW VEHICLE, 2013-2016
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL AUTOMOTIVE CHASSIS MARKET, BY TECHNOLOGY, 2016 (%)
Continued…
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