DUBLIN--(BUSINESS WIRE)--The "Automotive Chassis Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global automotive chassis systems market reached a value of US$ 80.14 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 112.02 Billion by 2027, exhibiting a CAGR of 5.74% during 2021-2027.

Companies Mentioned

  • Aisin Corporation
  • American Axle & Manufacturing Inc
  • Autokiniton US Holdings Inc.
  • Benteler International AG
  • Continental AG
  • Gestamp Automocion S.A.
  • Hyundai Mobis Co. Ltd
  • Magna International Inc
  • Robert Bosch GmbH
  • Schaeffler AG
  • ZF Friedrichshafen AG

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Automotive chassis systems are internal frames that support the vehicle's body parts and are used to grip steering systems and suspension systems. The systems are manufactured using a magnesium alloy, steel, cast iron, and ferrous metal. Backbone, monocoque, ladder, and modular are some of the common types of automotive chassis. They consist of an engine, power-suspension system, brakes, and a structurally independent frame.

Automotive chassis systems are widely used to provide strength and support to various vehicular components and keep automobiles rigid and stiff. Control arms, suspension links, knuckles, and hubs are some of the major components of the automotive chassis system. As a result, they are widely used in agricultural equipment, passenger vehicles, construction equipment, light commercial vehicles (LCV), and heavy commercial vehicles (HCV).

Significant growth in the automotive industry across the globe is creating a positive outlook for the market. Automotive chassis systems are widely used to enhance the safety aspect of the vehicle as they are light, aerodynamic, and ductile. Moreover, various product innovations, such as the development of naturally weighted electric-assist steering and dynamic chassis mode, are providing an impetus to the market growth.

Additionally, the widespread adoption of modular and compact chassis systems due to the increasing demand for electric vehicles (EVs) is positively impacting the market growth. Other factors, such as the surging demand for fuel-efficient vehicles and the implementation of various government initiatives for emission control, are anticipated to drive the market growth. Apart from this, the rising demand for low emission and fuel-efficient vehicles and rapid technological advancements in the chassis systems by key players are contributing to the market growth further.

Key Questions Answered in This Report:

  • How has the global automotive chassis systems market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global automotive chassis systems market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the chassis system?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automotive chassis systems market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Automotive Chassis Systems Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

7 Market Breakup by Chassis System

8 Market Breakup by Vehicle Type

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/4w9n6e


Laura Wood, Senior Press Manager

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