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Automotive Chassis Systems Market Report by Component, Chassis System, Vehicle Type, and Region 2024-2032

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    Report

  • 145 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5615075
Description Jump to:
The global automotive chassis systems market size reached US$ 89.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 141.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2023-2032.

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).

Automotive Chassis Systems Market Trends:

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 Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global automotive chassis systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, chassis system and vehicle type.

Breakup by Component:

Control Arms
Tie-Rods
Stabilizer Links
Suspension Ball Joints
Cross-Axis Joints
Knuckles and Hubs
Others

Breakup by Chassis System:

Rear Axle
Front Axle
Corner Modules
Active Kinematics Control
Others

Breakup by Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Construction Equipment Vehicles
Defense Vehicles
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aisin Corporation, American Axle & Manufacturing Inc, Autokiniton US Holdings Inc., Benteler International AG, Continental AG, Gestamp Automoción S.A., Hyundai Mobis Co. Ltd, Magna International Inc, Robert Bosch GmbH, Schaeffler AG and ZF Friedrichshafen AG.

Key Questions Answered in This Report

1. How big is the global automotive chassis systems market?
2. What is the expected growth rate of the global automotive chassis systems market during 2024-2032?
3. What are the key factors driving the global automotive chassis systems market?
4. What has been the impact of COVID-19 on the global automotive chassis systems market?
5. What is the breakup of the global automotive chassis systems market based on the component?
6. What is the breakup of the global automotive chassis systems market based on the chassis system?
7. What is the breakup of the global automotive chassis systems market based on the vehicle type?
8. What are the key regions in the global automotive chassis systems market?
9. Who are the key players/companies in the global automotive chassis systems market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting 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
6.1 Control Arms
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Tie-Rods
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Stabilizer Links
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Suspension Ball Joints
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Cross-Axis Joints
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Knuckles and Hubs
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Chassis System
7.1 Rear Axle
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Front Axle
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Corner Modules
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Active Kinematics Control
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Light Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Heavy Commercial Vehicles
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Construction Equipment Vehicles
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Defense Vehicles
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aisin Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 American Axle & Manufacturing Inc
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Autokiniton US Holdings Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Benteler International AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Continental AG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Gestamp Automoción S.A.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Hyundai Mobis Co. Ltd
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Magna International Inc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Robert Bosch GmbH
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 Schaeffler AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 ZF Friedrichshafen AG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 SWOT Analysis
List of Figures
Figure 1: Global: Automotive Chassis Systems Market: Major Drivers and Challenges
Figure 2: Global: Automotive Chassis Systems Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Automotive Chassis Systems Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Automotive Chassis Systems Market: Breakup by Component (in %), 2023
Figure 5: Global: Automotive Chassis Systems Market: Breakup by Chassis System (in %), 2023
Figure 6: Global: Automotive Chassis Systems Market: Breakup by Vehicle Type (in %), 2023
Figure 7: Global: Automotive Chassis Systems Market: Breakup by Region (in %), 2023
Figure 8: Global: Automotive Chassis Systems (Control Arms) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Automotive Chassis Systems (Control Arms) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Automotive Chassis Systems (Tie-Rods) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Automotive Chassis Systems (Tie-Rods) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Automotive Chassis Systems (Stabilizer Links) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Automotive Chassis Systems (Stabilizer Links) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Automotive Chassis Systems (Suspension Ball Joints) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Automotive Chassis Systems (Suspension Ball Joints) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Automotive Chassis Systems (Cross-Axis Joints) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Automotive Chassis Systems (Cross-Axis Joints) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Automotive Chassis Systems (Knuckles and Hubs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Automotive Chassis Systems (Knuckles and Hubs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Automotive Chassis Systems (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Automotive Chassis Systems (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Automotive Chassis Systems (Rear Axle) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Automotive Chassis Systems (Rear Axle) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Automotive Chassis Systems (Front Axle) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Automotive Chassis Systems (Front Axle) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Automotive Chassis Systems (Corner Modules) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Automotive Chassis Systems (Corner Modules) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Automotive Chassis Systems (Active Kinematics Control) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Automotive Chassis Systems (Active Kinematics Control) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Automotive Chassis Systems (Other Chassis Systems) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Automotive Chassis Systems (Other Chassis Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Automotive Chassis Systems (Passenger Cars) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Automotive Chassis Systems (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Automotive Chassis Systems (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Automotive Chassis Systems (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Automotive Chassis Systems (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Automotive Chassis Systems (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Automotive Chassis Systems (Construction Equipment Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Automotive Chassis Systems (Construction Equipment Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Automotive Chassis Systems (Defense Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Automotive Chassis Systems (Defense Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Automotive Chassis Systems (Other Vehicle Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Automotive Chassis Systems (Other Vehicle Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: North America: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: North America: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: United States: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: United States: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Canada: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Canada: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia-Pacific: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia-Pacific: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: China: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: China: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Japan: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Japan: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: India: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: India: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: South Korea: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: South Korea: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Australia: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Australia: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Indonesia: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Indonesia: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Europe: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Europe: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Germany: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Germany: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: France: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: France: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: United Kingdom: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: United Kingdom: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Italy: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Italy: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Spain: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Spain: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Russia: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Russia: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Others: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Others: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Latin America: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Latin America: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Brazil: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Brazil: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Mexico: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Mexico: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Middle East and Africa: Automotive Chassis Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Middle East and Africa: Automotive Chassis Systems Market: Breakup by Country (in %), 2023
Figure 92: Middle East and Africa: Automotive Chassis Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Global: Automotive Chassis Systems Industry: SWOT Analysis
Figure 94: Global: Automotive Chassis Systems Industry: Value Chain Analysis
Figure 95: Global: Automotive Chassis Systems Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Automotive Chassis Systems Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Automotive Chassis Systems Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Automotive Chassis Systems Market Forecast: Breakup by Chassis System (in Million US$), 2024-2032
Table 4: Global: Automotive Chassis Systems Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
Table 5: Global: Automotive Chassis Systems Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Automotive Chassis Systems Market: Competitive Structure
Table 7: Global: Automotive Chassis Systems Market: Key Players

Companies Mentioned

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

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 89.6 Billion
Forecasted Market Value ( USD ) by 2032 $ 141.3 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Chassis Market

The Chassis market within the Automotive Body, Trim and Glass industry is a highly competitive sector. It includes the design, engineering, and manufacturing of the frame and suspension components of a vehicle. This includes the frame, suspension, steering, brakes, and other related components. The chassis is the foundation of the vehicle, and its design and engineering are critical to the overall performance of the vehicle. The Chassis market is driven by the need for improved safety, fuel efficiency, and performance. Automakers are constantly looking for ways to improve the design and engineering of the chassis to meet these needs. This has led to the development of new materials and technologies, such as lightweight materials and advanced suspension systems. The Chassis market is also driven by the need for cost-effective solutions. Automakers are looking for ways to reduce costs while still providing a quality product. This has led to the development of new manufacturing processes and technologies, such as 3D printing and robotic welding. Some of the major companies in the Chassis market include Magna International, Benteler International, and ZF Friedrichshafen. These companies are involved in the design, engineering, and manufacturing of chassis components for a variety of vehicles. They are also involved in the development of new materials and technologies to improve the performance and safety of vehicles. Show Less Read more

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