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Automotive Chassis - Global Market Trajectory & Analytics

  • ID: 4911781
  • Report
  • May 2021
  • Region: Global
  • 468 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Aisin Seiki Co. Ltd.
  • Autokiniton Global Group
  • BENTELER International
  • CIE Automotive
  • Continental AG
  • F-Tech, Inc.
  • MORE

Global Automotive Chassis Market to Reach US$83.1 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Automotive Chassis estimated at US$57.8 Billion in the year 2020, is projected to reach a revised size of US$83.1 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027.High Strength Steel, one of the segments analyzed in the report, is projected to grow at a 4.8% CAGR to reach US$46.6 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Aluminum Alloy segment is readjusted to a revised 6.1% CAGR for the next 7-year period. This segment currently accounts for a 32% share of the global Automotive Chassis market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 8.7% CAGR for the Period of 2020-2027


The Automotive Chassis market in the U.S. is estimated at US$15.6 Billion in the year 2020. The country currently accounts for a 26.97% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$17.8 Billion in the year 2027 trailing a CAGR of 8.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market (as defined in the study) will reach US$17.8 Billion by the year 2027.

Carbon Fiber Composite Segment Corners a 10% Share in 2020


In the global Carbon Fiber Composite segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.4 Billion in the year 2020 will reach a projected size of US$6.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.4 Billion by the year 2027, while Latin America will expand at a 6.2% CAGR through the analysis period.

Select Competitors (Total 39 Featured) -

  • AL-KO International Pty Ltd.
  • Aisin Seiki Co. Ltd.
  • Autokiniton Global Group
  • BENTELER International
  • CIE Automotive
  • Continental AG
  • F-Tech, Inc.
  • Hitachi Automotive Systems Ltd.
  • Hyundai Mobis Co., Ltd.
  • KLT Automotive and Tubular Products Limited
  • Magna International, Inc.
  • Schaeffler Technologies AG & Co. KG
  • Spartan Motors, Inc.
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aisin Seiki Co. Ltd.
  • Autokiniton Global Group
  • BENTELER International
  • CIE Automotive
  • Continental AG
  • F-Tech, Inc.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Global Automotive Chassis: Outlook
  • Monocoque Chassis Segment Leads the Global Market
  • Asia-Pacific to Drive Market Growth
  • Passenger Car Production in Asia by Select Countries (in 000 Units): 2018
  • Affluent Middle Class Opens Up Asia into a Major Market
  • A Key Demographic Driver of Consumerism, the Growing Middle Class Population in Asia Pacific Drives Demand for New Cars: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Expanding Base of Middle Class in the Asian Region Provides the Perfect Platform for Automotive Consumerism: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Impact of Covid-19 and a Looming Global Recession
  • AL-KO International Pty Ltd. (Australia)
  • Aisin Seiki Co. Ltd. (Japan)
  • Autokiniton Global Group (USA)
  • BENTELER International (Austria)
  • CIE Automotive (Spain)
  • Continental AG (Germany)
  • F-Tech, Inc. (Japan)
  • Hitachi Automotive Systems Ltd. (Japan)
  • Hyundai Mobis Co., Ltd. (South Korea)
  • KLT Automotive and Tubular Products Limited (India)
  • Magna International, Inc. (Canada)
  • Schaeffler Technologies AG & Co. KG (Germany)
  • Spartan Motors, Inc. (USA)
  • ZF Friedrichshafen AG (Germany)
  • Evolving Chassis Technologies Support Future Mobility Trends Critical to Market Expansion
  • Chassis Systems to Play Critical Role in the Successful Adoption of Autonomous Driving
  • Top Developments with Most Impact on Car Chassis and Body
  • Migration towards Modular Vehicle Platforms: A Key Trend
  • Modular Vehicle Platforms Replace Standard Platforms Spurred by Rising Cost Competition & Need for Manufacturing Agility: Flattening Automotive Operating Profit Margin (In %) Indicates Rising Cost Pressures
  • Skateboard Chassis Gains Traction with Growth in EV Sales
  • Automotive Lightweighting and Stringent Fuel Efficiency Norms Presses Demand for Lightweight Chassis Systems
  • Exhibit 1: Average Vehicle Weight (in Pounds) for the Years 2015, 2020 and 2028
  • Emission Control Legislations in Select Regions/Countries
  • Emissions Target (In Grams per Mile) and Fuel Efficiency Target (In Miles per Gallon) Established by CAFE Standards for the Years 2018-2025
  • Automobile Production Trends to Spur Growth in the Chassis Market
  • Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
  • Global Passenger Car Sales (In Million Units) for the Years 2010 - 2024
  • Global Passenger Car Sales by Region/Country (% Share): 2018
  • Steady Global Production of Commercial Vehicles Boosts Demand for Automotive Chassis
  • Exhibit 2: Global Commercial Vehicles Sales in Thousand Units for 2010-2018
  • Global Commercial Vehicle Production by Select Countries: 2011-2018 (in Thousand Units)
  • Urbanization Trends and e-Commerce Growth Back Growth in Commercial Vehicles Market
  • Exhibit 3: World Urban Population in Thousands: 1950-2050P
  • Global e-Commerce Sales as Percentage of Total Retail Sales (2015-2021)
  • Emergence of Electric Vehicles to Spur Demand for Automotive Chassis
  • Global Electric Vehicles Sales in Million Units (2015-2040)
  • Global EV Sales Breakdown by Region for the Years 2019, 2025 & 2030
  • Global Electric Vehicles Sales as a Percentage of Total Car Sales (2015-2040)
  • Shared Mobility Trends and Declining Vehicle Ownership Influence Market Dynamics
  • Exhibit 4: Global Shared Mobility Market Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • PRODUCT OVERVIEW
  • Automotive Chassis: A Definition
  • Chassis Design
  • Classification of Chassis
  • Chassis Classification Based on Application
  • Chassis Classification Based on Fit-to-Engine:
  • Classification as per Construction of Chassis
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 39
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • AL-KO International Pty Ltd.
  • Aisin Seiki Co. Ltd.
  • Autokiniton Global Group
  • BENTELER International
  • CIE Automotive
  • Continental AG
  • F-Tech, Inc.
  • Hitachi Automotive Systems Ltd.
  • Hyundai Mobis Co., Ltd.
  • KLT Automotive and Tubular Products Limited
  • Magna International, Inc.
  • Schaeffler Technologies AG & Co. KG
  • Spartan Motors, Inc.
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown
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