Automotive Chassis Market by Type (Ladder, Backbone, Monocoque, Tubular), by Material (Steel, Aluminum, Magnesium, Titanium), by Vehicle Type (ICE, Electric Vehicles and Others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2019 to 2027)

Automotive Chassis Market Size, Share, Trends, Growth, Analysis, Research

AUTOMOTIVE CHASSIS MARKET: Summary

The Global Automotive Chassis Market is projected to reach around USD 85.3 billion by 2027 at a CAGR of around 5.3%.

The automotive chassis is a frame on which various mechanical components such as tires, engine, brakes, axle assemblies, steering, and others are attached to support the main structure of the vehicle. Chassis are made of various materials like steel, aluminum, magnesium, titanium, composite plastics, and others. This system helps the vehicle to be stiff, rigid, and unbending and also provides the strength required to support the vehicular components.

AUTOMOTIVE CHASSIS MARKET: Drivers & Restraint

Market Driver:

  • Increasing Need for Lowering CO2 Emission

Automotive manufacturers are focusing on designing lightweight components that make the vehicle lighter and also helps in achieving low emission and fuel efficiency. The total weight of chassis accounts for about 30-40%, so the use of lightweight materials can decrease the overall cost of the vehicle.  Materials like aluminum, magnesium, carbon fiber reinforced plastics (CFRP), bio composites involving bio fibers, lightweight polymer composites and titanium are used due to their lightweight, durability, and resistance to abrasion, among others.  For instance, the current vehicle generation in Europe is 70-140 kg of weight reduction per car which results in saving 982 million liters’ fuel and about 2.3-million-ton reduction in CO2 Emissions.

Therefore, the increasing need for lowering CO2 emission is expected to drive market growth during the forecast period.

  • Growing Vehicle Production   

In 2018, India, Malaysia, Thailand, Russia and among others are the prominent countries that have shown positive growth of 8%, 12.2%, 9%, 13.9%, respectively. Due to the rise in vehicle production and economic growth in these regions, there will be an increase in demand for the automotive chassis market. Moreover, the rise in automobile production in developing nations has increased the usage of lightweight materials which is indirectly propelling the market growth.

Thus, the growing vehicle production is anticipated to boost the market growth during the forecast period.

Market Restraint:

  • Fluctuating Raw Material Prices

The raw materials used for the manufacturing of the automotive chassis system consist of aluminum alloys, carbon steel, magnesium, and others. Price fluctuations of raw materials, uncertain shortages, and supply-demand gaps have a negative impact on automotive manufacturers. Moreover, the lack of a constant supply of raw materials results in increasing raw material prices which, escalates the overall product price.

Hence, the fluctuating raw material prices are expected to restrain the market during the forecast period.

AUTOMOTIVE CHASSIS MARKET: Key Segments

  • Based on Type: Ladder Chassis, Backbone Chassis, Monocoque Chassis, Tubular Chassis, and Combination Chassis.
  • Based on Material: Steel, Aluminum, Carbon Fiber Composite, Magnesium, Titanium, and Others.
  • Based on Vehicle Type: Internal Combustion Engine (ICE), Electric Vehicles and Others.
  • Based on Region Covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

AUTOMOTIVE CHASSIS MARKET: Report Scope

The report on the automotive chassis market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million), Volume (Units)

Segments Included

 Type, Material, and Vehicle Type

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South Africa

KEY Companies Covered

  • Continental AG (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • ZF Friedrichshafen AG
  • Magna International Inc.
  • Schaeffler AG
  • AISIN SEIKI Co., Ltd
  • CIE Automotive
  • HYUNDAI MOBIS
  • BENTELER International AG
  • AL-KO
  • Tower International
  • Other Key Companies

AUTOMOTIVE CHASSIS MARKET: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Automotive Chassis Market, by Type

  • Ladder Chassis
  • Backbone Chassis
  • Monocoque Chassis
  • Tubular Chassis
  • Combination Chassis

Automotive Chassis Market, by Material

  • Steel
  • Aluminum
  • Carbon Fiber Composite
  • Magnesium
  • Titanium
  • Others

Automotive Chassis Market, Vehicle Type

  • Internal Combustion Engine (ICE)
  • Electric Vehicles
  • Others 

Automotive Chassis Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Norway
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the prominent developments affecting the market globally and its growth?
  • What will be the impact of the developments in the market on the industry and the market players in the future?
  • What are the evolving variations of the market worldwide?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the world?
  • How are the key players leveraging in the present market scenario globally?

Report Audience

  • Automotive Chassis Market Providers
  • Automotive Chassis Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Automotive Chassis Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AUTOMOTIVE CHASSIS MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Need for Lowering CO2 Emission  
      2. Growing Vehicle Production  
    3. Restraint
      1. Fluctuating Raw Material Prices
    4. Opportunities
      1. Growing Adoption of Electric Vehicles   
    5. Challenges
      1. Current Material Limitations
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. AUTOMOTIVE CHASSIS MARKET BY TYPE, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Ladder Chassis
    3. Backbone Chassis
    4. Monocoque Chassis
    5. Tubular Chassis
    6. Combination Chassis
  7. AUTOMOTIVE CHASSIS MARKET BY MATERIAL, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Steel
    3. Aluminum
    4. Carbon Fiber Composite
    5. Magnesium
    6. Titanium
    7. Others
  8. AUTOMOTIVE CHASSIS MARKET BY VEHICLE TYPE, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Internal Combustion Engine (ICE)
    3. Electric Vehicles
    4. Others 
  9. AUTOMOTIVE CHASSIS MARKET BY REGION, Market Size in USD Million and Units (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Norway
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. Continental AG
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. ZF Friedrichshafen AG
    3. Magna International Inc.
    4. Schaeffler AG
    5. AISIN SEIKI Co., Ltd
    6. CIE Automotive
    7. HYUNDAI MOBIS
    8. BENTELER International AG
    9. AL-KO
    10. Tower International
    11. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : AT 053

Published : February, 2020


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