Automotive Chassis Market: 2018 Global Sales, Key Players, Share, Size, Growth Factors, and Regional Forecast To 2024

“Automotive Chassis Market”
“Automotive Chassis Market Analysis 2018 to 2024” Research Report added by the MarketResearchFuture, global Automotive Chassis market is predicted to grow at 5% CAGR by 2024. Automotive Chassis market report provides detailed insights on acting forces in market with drivers, opportunities, restraints and challenges industry facing. Report provides comprehensive information on Automotive Chassis Market shares, size, competitive insights, key player’s analysis, with regional forecast to 2024.

Automotive Chassis Market Highlights:

The global automotive chassis market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of automotive chassis market will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2024, which will be a surplus growth at a moderate CAGR during the projected period (2018 -2024). 

The automobiles use the chassis primarily as a guiding framework or like a skeleton which holds the entire body of the automobile together. In the absence of the chassis, the vehicle can crumble under the slightest pressure or in case of even a minor mishap and the chances of a grave injury to the passengers is severe.

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Key players in Automotive Chassis market mentioned:

Continental AG (Germany), ZF Friedrichshafen AG (Germany), Magna International Inc. (Canada), Schaeffler Technologies AG & Co. KG (Germany), Aisin Seiki Co., Ltd. (Japan), CIE Automotive (Spain), Benteler International AG (Germany), Hyundai Mobis (South korea), AL-KO International Pty Ltd (Australia), Gestamp Automoción (Spain) and others are some of the prominent players profiled in the MRFR Analysis and are at the forefront of competition in the global automotive chassis market.

Industry/ Innovation/ Related News:

March, 2018 – Magna International Inc. announced that it would initiate joint operations to develop a next-gen EV design and architecture with the famed Beijing Automotive Industry Holding Co., Ltd. (belonging to the BAIC Group) for the ever increasing Chinese automobile market. The deal was sealed on Apr 8 in Beijing.

July, 2017 – A leading expert in vehicle systems and the digitalization of mobility, technology company Continental announced the closing of its acquisition of Singapore based mobility intelligence provider Quantum Inventions. Quantum Inventions will add to Continental’s growing intelligent transportation systems portfolio with its city data including next generation navigation systems that are highly responsive to real-time information such as traffic data, road incident information and dynamic road pricing.

Automotive Chassis Market Segmentation:

The Global Automotive Chassis Market is segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;

  • Segmentation by Type: Comprises of Backbone, Ladder, Monocoque, Modular, and Others.
  • Segmentation by Material: Comprises of Steel, Aluminium Alloy and Carbon Fiber Composite.
  • Segmentation by Chassis System: Comprises of Axle, Corner Modules, and Active Kinematics Control.
  • Segmentation by Vehicle Type: Comprises of Passenger Car, and Commercial Vehicle.
  • Segmentation by Regions: Comprises Geographical Regions – North America, Europe, Asia Pacific and Rest of the World.

 

Automotive Chassis Market Regional Analysis:

The automotive chassis market is seeing an explosive growth across all countries. The Asia Pacific region is expected to lead the global demand for the chassis market. This region has clocked consistently increasing sales of automobiles for the last two decades. The APAC region has seen a spurt of MNCs thronging the shores of the countries like India, China, and Sri Lanka amongst others from the developed nations. Primary reason for the same is the rising population in this region. The APAC region has almost half of the world’s population residing globally. The rise in the income level of the average person, growing job opportunities and greater awareness & choice preference related to automobile models has led to increases automobile sales. The geographical nature of this region restricts huge sales of bigger automobiles like the SUVs and sedans in this market. Thus, the compact sedans, compact SUVs and hatchback or the small cars are the most preferred segment in this region. As a result, due to less space for new road infrastructure development and limited purchase power of the people, the vehicular traffic in this region is quite dense, and is probably the densest in the entire world. As a result, the incidences of traffic accidents or mishaps and resultant fatalities or injuries are quite high in this region. Thus, it is of utmost priority for automakers to manufacture automobiles which are compact and extremely sturdy to withstand a decent to heavy accident. The main purpose of manufacturing a strong automobile is so as to save the lives of the passengers and driver. The Europe region is home to few of the most exotic automobile brands in the world. People in this region prefer high preference and high automobiles for a long time. The extremely powerful automobiles inadvertently lead to high speeds at a consistently time. Thus, the chances of accidents and fatalities increases substantially. The North America market consists of automotive customers who have a penchant for big automobiles like SUVs and mini trucks. These vehicles are primarily used by the people to overcome the drawbacks of a poor public transport system which also happens to be costly. The automotive customers in this region prefer to travel in their own vehicles for leisure and work related travel. For such large distances to be travelled, the vehicle needs to be extremely sturdy, as, in the absence of which, the automobile if met with any mishap can lead to grave consequences. Thus, the demand for the global automotive chassis market will consistently increase in the future.

Major Table of Content:

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 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

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

The report for Global 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 and volume, 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.

Browse more details about “Automotive Chassis Market Research Report – Forecast to 2024” at: https://www.marketresearchfuture.com/reports/automotive-chassis-market-5183

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