Increasing Worldwide Motor Vehicle Production Complimenting the Automotive Chassis Systems Market Growth Positively
Automotive chassis system market stood at US$ 55.67 Bn in 2017 and expected to grow at 5.5% CAGR during the forecast period from 2018 to 2026. The role of a chassis in a vehicle involves around its functionality of providing a supporting structure. It is this structure onto which all the other vehicle components are attached. The chassis, whether it be structurally independent or an integral part of the body, is designed in a way as to provide superior strength while keeping the weight less. Growing motor vehicle production is one of the most important factors aiding the automotive chassis systems market growth. The fact that world motor vehicle production increased by 2.36% in 2017 over 2016 supports the aforementioned sentence. This growth is majorly supported by rising net disposable income of the people.
In recent years, there have been enacting of stringent vehicle emission control rules across various countries such as India, China, Germany and U.K. among others. This move has favored the demand for fuel-efficient vehicles positively. This is further expected to lead automobile manufacturers to manufacture vehicles with lightweight chassis systems in order to reduce the overall vehicle weight thereby achieving better fuel efficiency and low emission.
Another prominent factor complimenting the automotive chassis systems market growth can be attributed to the rising electric vehicle production globally. As a result of increasing fuel price coupled with stringent greenhouse emission regulations by government, the adoption of electric vehicles has grown manifold in recent years. For instance, world's fleet of electric vehicles grew 54% to about 3.1 million in 2017. Moreover, by 2030, this number is further expected to rise and hit 125 million.
Market Synopsis: Global Automotive Chassis Systems Market
Research and Development Activities to Focus upon Reducing the Weight of Chassis Systems
The rising demand for premium and improved performance vehicles has led automobile manufacturers to focus upon research and development activities in order to manufacture chassis systems. For instance, Audi in its new A6 model has introduced a naturally weighted electric-assist steering and dynamic chassis mode that improves the driving experience by facilitating automating shifting of gears. Moreover, increasing focus is laid by the vehicle manufacturers to use lightweight material to manufacture chassis systems. In coming years, electric vehicles are expected to increasingly deploy carbon fiber composite material in the manufacture of chassis systems. As this material is light weight, therefore it helps a great deal in the reducing the emission produced by a vehicle.
However, fluctuating price of raw materials is one of the challenges influencing the market growth negatively. Materials such as steel and aluminum among others are witnessing an increase in price which might hinder its adoption in the manufacturing of chassis systems.
Growing motor vehicle production in major markets such as China and India set to affect the market positively
Asia Pacific stood as the largest market for automotive chassis systems worldwide in 2017 and the trend is expected to continue throughout the forecast period. Some of the leading vehicle manufacturers such as Honda, Nissan, Suzuki and Hyundai among others have their headquarters in the region. Moreover, Toyota, the world’s largest motor vehicle manufacturer is also headquartered in the region. Moreover, the region in recent years has witnessed a high growth of the automobile industry. This growth is supported by the rising middle class population in the region. These factors expected to positively influence the Asia Pacific automotive chassis systems market growth in the coming years.
Key players profiled in the report include Aisin Seiki, Continental, Magna, ZF, Benteler, Tower International, Schaeffler, CIE Automotive and KLT Auto among others.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – Forecast Period
This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
Automotive chassis systems market report presents the current market dynamics along with quantitative analysis of the global market. The report elucidates the detailed outline of automotive chassis systems market by categorizing the market in terms of chassis type, material type, vehicle type and geography. The objective of publishing this extensive research report is to aid the automotive chassis system manufacturers, automotive OEMs and market stakeholders in making better decisions and strategic initiatives in the automotive chassis systems market.
Chassis Type (2016–2026; US$ Bn)
Material Type (2016–2026; US$ Bn)
Vehicle Type (2016–2026; US$ Bn)
Geography Segment (2016–2026; US$ Bn)
Key questions answered in this report
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Chassis Systems Market
2.2 Global Automotive Chassis Systems Market, By Chassis Type, 2017
2.3 Global Automotive Chassis Systems Market, By Material Type, 2017
2.4 Global Automotive Chassis Systems Market, By Vehicle Type, 2017
2.5 Global Automotive Chassis Systems Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Automotive Chassis Systems Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Automotive Chassis Systems Market Analysis, by Chassis Type, 2016 – 2026
4.1 Overview
4.2 Ladder Chassis
4.3 Monocoque Chassis
4.4 Backbone Chassis
4.5 Others
Chapter 5 Global Automotive Chassis Systems Market Analysis, by Material Type, 2016 – 2026
5.1 Overview
5.2 Steel
5.3 Aluminum Alloy
5.4 Carbon Fiber Composite
5.5 Others
Chapter 6 Global Automotive Chassis Systems Market Analysis, by Vehicle Type, 2016 – 2026
6.1 Overview
6.2 Passenger Cars
6.3 Commercial Vehicles
6.4 Utility Vehicles
6.5 Defense Vehicles
Chapter 7 North America Automotive Chassis Systems Market Analysis, 2016 – 2026
7.1 Overview
7.2 North America Automotive Chassis Systems Market Analysis, By Chassis Type, 2016 – 2026
7.2.1 Market Analysis
7.3 North America Automotive Chassis Systems Market Analysis, By Material Type, 2016 – 2026
7.3.1 Market Analysis
7.4 North America Automotive Chassis Systems Market Analysis, By Vehicle Type, 2016 – 2026
7.4.1 Market Analysis
7.5 North America Automotive Chassis Systems Market Analysis, By Country, 2016 – 2026
7.5.1 U.S.
7.5.2 Canada
Chapter 8 Europe Automotive Chassis Systems Market Analysis, 2016 – 2026
8.1 Overview
8.2 Europe Automotive Chassis Systems Market Analysis, By Chassis Type, 2016 – 2026
8.2.1 Market Analysis
8.3 Europe Automotive Chassis Systems Market Analysis, By Material Type, 2016 – 2026
8.3.1 Market Analysis
8.4 Europe Automotive Chassis Systems Market Analysis, By Vehicle Type, 2016 – 2026
8.4.1 Market Analysis
8.5 Europe Automotive Chassis Systems Market Analysis, By Region/Country, 2016 – 2026
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe
Chapter 9 Asia Pacific Automotive Chassis Systems Market Analysis, 2016 – 2026
9.1 Overview
9.2 Asia Pacific Automotive Chassis Systems Market Analysis, By Chassis Type, 2016 – 2026
9.2.1 Market Analysis
9.3 Asia Pacific Automotive Chassis Systems Market Analysis, By Material Type, 2016 – 2026
9.3.1 Market Analysis
9.4 Asia Pacific Automotive Chassis Systems Market Analysis, By Vehicle Type, 2016 – 2026
9.4.1 Market Analysis
9.5 Asia Pacific Automotive Chassis Systems Market Analysis, By Region/Country, 2016 – 2026
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Rest of Asia Pacific
Chapter 10 Rest of the World (RoW) Automotive Chassis Systems Market Analysis, 2016 – 2026
10.1 Overview
10.2 RoW Automotive Chassis Systems Market Analysis, By Chassis Type, 2016 – 2026
10.2.1 Market Analysis
10.3 RoW Automotive Chassis Systems Market Analysis, By Material Type, 2016 – 2026
10.3.1 Market Analysis
10.4 RoW Automotive Chassis Systems Market Analysis, By Vehicle Type, 2016 – 2026
10.4.1 Market Analysis
10.5 RoW Automotive Chassis Systems Market Analysis, By Country, 2016 – 2026
10.5.1 Middle East & Africa (MEA)
10.5.2 Latin America
Chapter 11 Company Profiles
11.1 Aisin Seiki
11.2 Continental
11.3 Magna
11.4 ZF
11.5 Benteler
11.6 Tower International
11.7 Schaeffler
11.8 CIE Automotive
11.9 KLT Auto
Note:
FIG. 1 Global Automotive Chassis Systems: Market Segmentation
FIG. 2 Global Automotive Chassis Systems Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Automotive Chassis Systems Market, By Chassis Type, 2017 (US$ Bn)
FIG. 5 Global Automotive Chassis Systems Market, By Material Type, 2017 (US$ Bn)
FIG. 6 Global Automotive Chassis Systems Market, By Vehicle Type, 2017 (US$ Bn)
FIG. 7 Global Automotive Chassis Systems Market, By Geography, 2017 (US$ Bn)
FIG. 8 Global Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography
FIG. 10 Market Positioning of Key Automotive Chassis System Manufacturers, 2017
FIG. 11 Global Automotive Chassis Systems Market Value Contribution, By Chassis Type, 2017 & 2026 (%)
FIG. 12 Global Ladder Chassis Market Value, 2016 – 2026, (US$ Bn)
FIG. 13 Global Monocoque Chassis Market Value, 2016 – 2026, (US$ Bn)
FIG. 14 Global Backbone Chassis Market Value, 2016 – 2026, (US$ Bn)
FIG. 15 Global Others Market Value, 2016 – 2026, (US$ Bn)
FIG. 16 Global Automotive Chassis Systems Market Value Contribution, By Material Type, 2017 & 2026 (%)
FIG. 17 Global Steel Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 18 Global Aluminum Alloy Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 19 Global Carbon Fiber Composite Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 20 Global Others Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 21 Global Automotive Chassis Systems Market Value Contribution, By Vehicle Type, 2017 & 2026 (%)
FIG. 22 Global Automotive Chassis Systems Market Value from Passenger Cars, 2016 – 2026, (US$ Bn)
FIG. 23 Global Automotive Chassis Systems Market Value from Commercial Vehicles, 2016 – 2026, (US$ Bn)
FIG. 24 Global Automotive Chassis Systems Market Value from Utility Vehicles, 2016 – 2026, (US$ Bn)
FIG. 25 Global Automotive Chassis Systems Market Value from Defense Vehicles, 2016 – 2026, (US$ Bn)
FIG. 26 Global Automotive Chassis Systems Market Value Contribution, By Sales Channel, 2017 & 2026 (%)
FIG. 27 North America Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 28 Europe Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 29 Asia Pacific Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
FIG. 30 RoW Automotive Chassis Systems Market Value, 2016 – 2026, (US$ Bn)
TABLE 1 Market Snapshot: Global Automotive Chassis Systems Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Automotive Chassis Systems Market Value, By Chassis Type, 2016 – 2026 (US$ Bn)
TABLE 5 North America Automotive Chassis Systems Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 6 North America Automotive Chassis Systems Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 7 North America Automotive Chassis Systems Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 8 Europe Automotive Chassis Systems Market Value, By Chassis Type, 2016 – 2026 (US$ Bn)
TABLE 9 Europe Automotive Chassis Systems Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 10 Europe Automotive Chassis Systems Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 11 Europe Automotive Chassis Systems Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 12 Asia Pacific Automotive Chassis Systems Market Value, By Chassis Type, 2016 – 2026 (US$ Bn)
TABLE 13 Asia Pacific Automotive Chassis Systems Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific Automotive Chassis Systems Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific Automotive Chassis Systems Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 16 RoW Automotive Chassis Systems Market Value, By Chassis Type, 2016 – 2026 (US$ Bn)
TABLE 17 RoW Automotive Chassis Systems Market Value, By Material Type, 2016 – 2026 (US$ Bn)
TABLE 18 RoW Automotive Chassis Systems Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 19 RoW Automotive Chassis Systems Market Value, By Region, 2016 – 2026 (US$ Bn)
TABLE 20 Aisin Seiki: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 Continental: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 Magna: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 ZF: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Benteler: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 Tower International: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 Schaeffler: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 CIE Automotive: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 KLT Auto: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
