Automotive Chassis Market: By Type; By Component; By Application; By Geography - Forecast 2016-2022

Lighter and stronger vehicle are gaining a huge traction in the automotive market. This has also bring the focus of OEM’s on automotive chassis system. Automotive chassis is one of the most important part in the design of a vehicle. Chassis system also contributes in the vehicle aerodynamics and its strength.

Increase in the production of the vehicle is driving the automotive chassis market. OEM’s are heavily investing in the R&D of automotive chassis system. They are trying to identify the ways to make the chassis system lighter by replacing the conventional material with the new material. In addition the companies are also focusing on the chassis manufacturing technology. The automotive chassis system is already in the growth stage because of the continuous production of the vehicle. The market will witness lot of innovation in category.

Market Dynamics:
Safety of the passenger and the vehicle is the major growth driver in the automotive chassis system. Companies are focused towards manufacturing a chassis system which is better equipped at the time of accidents. Government regulation is also driving the market.

The cost to replace the conventional material and for the manufacturing of chassis system is hindering the deployment of new material in the chassis system

Competitive Landscape:
The report comprises of companies operating in the global automotive chassis market such as Continental AG, Robert Bosch, Divergent, American Axle and Manufacturing, Hyundai Mobis and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

Scope of the Report:
The automotive chassis market is mainly divided as per the technology capabilities and has been segmented as follows:

Based on Type:
Front Axle
Rear Axle
Corner Modules
Active Kinematics Control

Based on Component:
Tie-Rods
Stabilizer Links
Suspension Ball Joints
Cross Axis Joints
Control Arms
Knuckles
Hull

Based on End User Application:
Passenger Cars
Commercial Vehicles

Based on Region:
America
Europe
Asia-Pacific
Rest of the World

Recent Industry Trends:
Significant stress from the government for reducing the greenhouse emission and improving the fuel efficiency in the transportation sector, component manufacturers, assemblers and automakers are heavily investing in the R&D of lightweight material and its commercialization. OEM’s are mainly focusing on the chassis and complete vehicle structure to be made from the lightweight material. Everyone in the value chain of auto making is working towards the common goal of employing lightweight material and increasing its market penetration.

Insight 1: The strength and the weight ratio suggest that aluminum will be witnessing the higher growth in light weight material market.

Insight 2: Chassis and suspension system contributes to more than 25% of the total vehicle weight. Thus focusing on these two attributes will help to reduce the total weight of the vehicle.