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The global automotive market is quickly evolving as the automobiles are becoming advanced due to the advances in automotive technology. An active chassis system is a dynamic chassis system that significantly improves the riding comfort and stability of the vehicle under varied external conditions. Therefore, such advantages and benefits associated with active chassis systems are driving the penetration of the automotive active chassis system in the global automotive market. Thus, the system advantages and benefits associated with active chassis system is driving the automotive active chassis system market growth.
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Market Overview
Advanced automotive systems serving as a stepping stone for adoption of autonomous vehicles
The autonomous car revolution is being driven by technological advances and innovative developments in deferent disciplines associated with the paradigm-shifting concept of driverless cars. The advent of advanced automotive systems and technologies has taken the present state of autonomy in vehicles a notch higher.
High production cost of active chassis systems and its effect on automobile prices
During the forecast period, the global automotive active chassis system market is expected to witness a considerable growth due to numerous market enablers such as superior ride-handling characteristics, stability, and safety of the active chassis systems. However, certain factors such as the high prices of the automotive chassis systems will lead to a subsequent increase in the cost of the automobiles, which may impede the growth of the concerned market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the automotive active chassis system market during the 2018-2022, view the report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Friedrichshafen and Continental the competitive environment is quite intense. Factors such as the developments in the field of automotive active chassis system, will provide considerable growth opportunities to automotive active chassis system manufactures. ZF Friedrichshafen, Continental, Bosch, Tenneco, BWI Group, RAUSCH & PAUSCH, and ClearMotion are some of the major companies covered in this report.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Executive Summary
The author of the report recognizes the following companies as the key players in the global automotive active chassis system market: ZF Friedrichshafen, Continental, Bosch, Tenneco, BWI Group, RAUSCH & PAUSCH, and ClearMotion.Commenting on the report, an analyst from the research team said: “One trend in the market is developments in the field of automotive active chassis system. The automotive active chassis system market is witnessing developments in the form of further improvements and enhancement to system design and functions. The vendors operating in the concerned market along with automotive OEMs have been investing extensively in the R&D to launch advanced versions of automotive active chassis system. Such trends in the global automotive active chassis system market are helping in diving the growth of the concerned market.”
According to the report, one driver in the market is advanced automotive systems serving as a stepping stone for adoption of autonomous vehicles. The autonomous car revolution is being driven by technological advances and innovative developments in deferent disciplines associated with the paradigm-shifting concept of driverless cars. The advent of advanced automotive systems and technologies has taken the present state of autonomy in vehicles a notch higher.
Further, the report states that one challenge in the market is high production cost of active chassis systems and its effect on automobile prices. During the forecast period, the global automotive active chassis system market is expected to witness a considerable growth due to numerous market enablers such as superior ride-handling characteristics, stability, and safety of the active chassis systems. However, certain factors such as the high prices of the automotive chassis systems will lead to a subsequent increase in the cost of the automobiles, which may impede the growth of the concerned market during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- ZF Friedrichshafen
- Continental
- Bosch
- Tenneco
- BWI Group
- RAUSCH & PAUSCH
- ClearMotion