Automotive Chassis System Market Share, Production Capacity and Revenue Forecast till 2025
The global Automotive Chassis System Market is estimated to display an exponential CAGR in the next couple of years due to rising applications and benefits. Chassis can be defined as the interior frame that acts as a support system to various body parts of the automobile. It is known to be light weight and robust in nature. The main function that the automotive chassis systems perform is of incorporating numerous functions of the automobiles. Moreover, they have the potential to raise the aerodynamic quality in order to enhance the fuel efficiency as well as design.
The global Automotive Chassis System Market is estimated to display an exponential CAGR in the next couple of years due to rising applications and benefits. Chassis can be defined as the interior frame that acts as a support system to various body parts of the automobile. It is known to be light weight and robust in nature. The main function that the automotive chassis systems perform is of incorporating numerous functions of the automobiles. Moreover, they have the potential to raise the aerodynamic quality in order to enhance the fuel efficiency as well as design.
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<strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> <strong>Market</strong><br />
<strong>Share</strong>, <strong>Production</strong> <strong>Capacity</strong> <strong>and</strong> <strong>Revenue</strong><br />
<strong>Forecast</strong> <strong>till</strong> <strong>2025</strong><br />
“<strong>Chassis</strong> can be defined as the interior frame that acts as a<br />
support system to various body parts of the automobile. It is<br />
known to be light weight <strong>and</strong> robust in nature. The main<br />
function that the automotive chassis systems perform is of<br />
incorporating numerous functions of the automobiles.”<br />
The global <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> <strong>Market</strong> is estimated to display an exponential CAGR in the next couple of<br />
years due to rising applications <strong>and</strong> benefits. <strong>Chassis</strong> can be defined as the interior frame that acts as a support system<br />
to various body parts of the automobile. It is known to be light weight <strong>and</strong> robust in nature. The main function that the<br />
automotive chassis systems perform is of incorporating numerous functions of the automobiles. Moreover, they have<br />
the potential to raise the aerodynamic quality in order to enhance the fuel efficiency as well as design.<br />
The <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market is currently undergoing a significant trend of the advancement of titanium<br />
chassis. It has been observed that manufacturers are taking up various researches <strong>and</strong> developments <strong>and</strong> are trying to<br />
discover <strong>and</strong> widen the usage of titanium in automotive chassis in high performance sports cars. The systems are being<br />
developed to raise the efficiency level as well as to meet the set st<strong>and</strong>ards.<br />
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The factors that are playing a key role in raising the share of the <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market may entail robust<br />
industrialization, urbanization, product development, presence of huge manufacturers, robust technological<br />
improvements, rise in the investments by the leading companies, developing economies, constant innovations in the<br />
designs as per the size as well as weight specifications, increment in the research budget from the companies, augmented<br />
dem<strong>and</strong>s for automobiles, <strong>and</strong> rise in the research <strong>and</strong> development activities.
The only factor that is acting as a major hurdle in the market growth may include introduction of norms by the<br />
government authorities regarding the conservation of the environment. Global <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market is<br />
classified by component as Suspension Ball Joints, Tie-Rods, Hubs, Stabilizer Links, Cross-Axis Joints, Control Ams,<br />
Knuckles, <strong>and</strong> others.<br />
<strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> Industry is segregated by vehicle type as Light Commercial Vehicles, Defense Vehicles,<br />
Farm Tractors, Heavy Commercial Vehicles, Passenger Cars, Intermediate Commercial Vehicles, Off-Road Vehicles,<br />
Construction Equipment, <strong>and</strong> others. Among all the vehicle types, the Passenger Cars segment is holding the largest<br />
share in the market, the reason huge production of the segment <strong>and</strong> augmented dem<strong>and</strong> for a wide variety of passenger<br />
cars likes sedans, SUVs, <strong>and</strong> hatchbacks.<br />
<strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market can be fragmented by chassis systems type as Corner Modules, Active Kinematics<br />
Control, Front Axle, Rear Axle, <strong>and</strong> others. As far as the chassis type segmentation goes, the <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong><br />
industry can also be divided as Monocoque, Backbone, Ladder, <strong>and</strong> others. Among all the chassis system types, it has<br />
been noted that the Monocoque segment is taking up the largest share in the market. <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market<br />
is segmented on the basis of geography as North America, Southeast Asia, China, Europe, Japan, <strong>and</strong> India.<br />
Among all the geographical regions, North America is currently being considered as the dominant region of the<br />
<strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market <strong>and</strong> it is simultaneously registering for the largest share in the market, the reason<br />
being augmented production, rising dem<strong>and</strong>s across various sectors, growth of automotive industry, <strong>and</strong> mounting<br />
investments by the leading manufacturers.<br />
In contrast, Asia Pacific <strong>and</strong> Europe are also exp<strong>and</strong>ing at a significant rate in the market owing to the emergence of<br />
huge market players in these regions. The key players contributing in the development of the <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong><br />
market may include Continental, Magna International, ZF Group, BENTELER International, <strong>and</strong> Bosch.<br />
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<strong>Market</strong> Segment:<br />
Geographically, this report is segmented into several key Regions, with production, consumption, revenue<br />
(million USD), market share <strong>and</strong> growth rate of <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> in these regions, from 2013 to <strong>2025</strong><br />
(forecast), covering<br />
• United States<br />
• EU<br />
• China<br />
• Japan<br />
• South Korea
• India<br />
Global <strong>Automotive</strong> <strong>Chassis</strong> <strong>System</strong> market competition by top manufacturers, with production, price, revenue<br />
(value) <strong>and</strong> market share for each manufacturer; the top players including<br />
• Continental<br />
• Bosch<br />
• ZF Group<br />
• Magna International<br />
• ALF ENGINEERING<br />
• BENTELER International<br />
• Kalyani Group (Bharat Forge)<br />
• Surin <strong>Automotive</strong><br />
• American Axle & Manufacturing<br />
• DuPont<br />
• KLT<br />
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On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong> growth rate of<br />
each type, primarily split into<br />
• Front Axles<br />
• Rear Axles<br />
• Corner Modules<br />
• Active Kinematics Control<br />
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major applications/end<br />
users, consumption (sales), market share <strong>and</strong> growth rate for each application, including<br />
• Passenger Vehicles
• Light Commercial Vehicles<br />
• Heavy Commercial Vehicles<br />
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