Automotive Chassis Market 2021 Global Size, Share, Trends, Growth and 2027 Forecast

According to the report, Global Automotive Chassis market size is projected to reach USD 16.53 billion value at CAGR of 7.4% during the forecast period 20210 to 2026. by 2026. The growing regulations about fuel-efficiency and vehicular weight will have a positive impact on the automotive chassis market growth in the forthcoming years. The report is aimed at delivering a comprehensive description of the automotive chassis and structure by identifying and providing information regarding the key market segments. It also focuses on an all-encompassing analysis of leading market players by financial position, product, product portfolio, price, growth strategies, and regional presence.


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List of Key Companies Covered in the Automotive Chassis Market Report:


Schaeffler
Continental Ag
ZF
Aisin Seiki
Magna
CIE Automotive
F-Tech
KLT-Auto
AL-Ko
Bente
Advancement in Manufacturing Processes to Augment Business Opportunities


The emergence of electric and hybrid vehicles has impelled manufacturers to invest in R&D for the development of innovative chassis design, which in turn will facilitate healthy growth of the market. The growing application of designing tools and software and advancement in manufacturing processes such as advanced computer-aided engineering, additive manufacturing, and artificial intelligence will augur well for the market during the forecast period.


Moreover, the advent of battery-electric driven propulsion in the light commercial vehicle, medium & heavy commercial vehicle, and buses & coaches has further boosted the automotive chassis market scope. The growing demand for fuel-efficient vehicles will spur competition among key players to launch advanced fuel-efficient vehicles to cater to the demand.


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Moreover, the growing regulations regarding carbon emissions will also create new opportunities for the automotive chassis market during the forecast period. Moreover, the strategic partnerships and equations between key players will facilitate the automotive chassis market share in the forthcoming years. For instance, in May 2019, Schaeffler AG acquired XTRONIC GmbH, the new development with aid the Schaeffler’s Chassis Systems and E-Mobility business divisions.


Global Automotive Chassis Market Segmentation:


By Vehicle Type:


Passenger Car
Commercial Vehicle
By Type:


Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV)
By Geography:


North America (USA, Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Rest of Latin America)
Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)
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