The Automotive Chassis Market is projected to reach USD 114.65 billion by 2033. In 2023, the market size was USD 80.24 billion and is expected to grow at a compound annual growth rate (CAGR) of 5.98% from 2023 to 2033. An automotive chassis is the structural framework of a vehicle, supporting components such as the engine, transmission, suspension, wheels, and body. It acts as the vehicle's backbone, providing necessary strength, stability, and rigidity to ensure proper alignment and functioning of these components. The chassis significantly impacts the vehicle’s performance, safety, and handling characteristics. It is typically made from materials like steel, aluminum, or composites to balance durability, weight, and cost. The design and construction of the chassis are crucial for the vehicle's overall structural integrity and efficiency.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle)
By Chassis System (Front Axle, Rear Axle, Corner Modules, Active Kinematics Control)
By Component (Tie-Rods, Stabilizer Links, Suspension Ball Joints, Cross-Axis Joints, Knuckles & Hubs, Control Arms)
Key players
ZF
Magna
Aisin Seiki
Benteler
Tower International
CIE Automotive
Schaeffler
F-Tech
KLT Auto
Continental
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