Automotive chassis market is estimated to be USD 50.78 billion in 2017 and is projected to reach USD 78.44 billion by 2025, growing at a CAGR of 5.59%.
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The key players in the Automotive Chassis Market include – Continental (Germany), ZF(Germany), Magna (Canada), Aisin Seiki (Japan), Tower International (US), Benteler (Germany), CIE Automotive Spain), Schaeffler (Germany), F-Tech (Japan), KLT Auto (India), Hyundai Mobis (South Korea), Alois Kober (Germany).
The passenger cars segment is expected to have the largest market share in automotive chassis market, interms of volume. Growing production of vehicles and increasing demand of passenger cars in developing nations are the factors contributing to the growth of passenger cars segment.
Along with these factors, the improving living standards and the growing buying power of people in developed and developing economies are also contributing to the increasing sales of passenger cars throughout the globe.
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- Tier 1 manufacturers
- Automotive associations
- Raw material suppliers
- Vehicle manufacturers/OEMs
- Automotive software providers
- Automotive chassis suppliers
Inquire For Complete Report Copy of Automotive Chassis Market by Chassis Type (Backbone, Ladder, Monocoque, Modular), Material (Steel, Aluminum Alloy, Carbon Fiber Composite), Electric Vehicle (BEV, PHEV, HEV), Vehicle Type (PC, CV), and Region - Global Forecast to 2025 www.rnrmarketresearch.com/contacts…ing?rname=1295270
Increased need to reduce the emission levels, the need to reduce the vehicle weight for better fuel efficiency, and the increase in sales of commercial vehicles due to increasing industrialization globally are equally contributing to the increasing sales of automotive chassis.
The skateboard chassis type is expected to show the fastest growth, followed by monocoque chassis. The electric vehicle should be light weight so that the electric motor employed in it can be used to its optimum level.
This type of chassis also allows any kind of body to be built over it, which is highly favorable for the OEMs.
The monocoque chassis type is expected to show the fastest growth, followed by ladder chassis. The need to reduce vehicle weight and emission levels is expected to boost the use of monocoque type construction in passenger cars.
The increasing demand for crash safety has also led to the growth of the monocoque chassis type.
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The report segments the automotive chassis market and forecasts its size, by volume& Value, on the basis of chassis type(backbone chassis, modular chassis, monocoque chassis, and ladder chassis), material type(steel, aluminum & magnesium alloy, and carbon fiber composite), electric vehicle type(HEV, PHEV, and BEV), vehicle type (PC, LCV, and HCV), and region (Asia pacific, Europe, North America, and RoW)
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