The global market for Automotive Chassis is estimated at US$60.0 Billion in 2023 and is projected to reach US$93.6 Billion by 2030, growing at a CAGR of 6.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the automotive chassis market is driven by several factors, including increasing vehicle production, technological advancements, and the rising demand for electric and autonomous vehicles. As global vehicle production continues to rise, driven by economic growth and increasing mobility needs, the demand for advanced chassis systems is also expanding. Technological advancements that lead to lighter, stronger, and more efficient chassis designs are crucial, as they contribute to improved fuel efficiency and reduced emissions, aligning with stringent environmental regulations. The growing popularity of electric vehicles is another significant driver, as these vehicles require specially designed chassis to accommodate batteries and electric drivetrains. Additionally, the development of autonomous driving technologies necessitates more sophisticated chassis systems capable of integrating with various sensors and control systems to ensure safety and reliability. The continuous evolution of automotive technologies and consumer preferences towards higher performance and safer vehicles ensures robust growth and ongoing innovation in the automotive chassis market.
The growth in the automotive chassis market is driven by several factors, including increasing vehicle production, technological advancements, and the rising demand for electric and autonomous vehicles. As global vehicle production continues to rise, driven by economic growth and increasing mobility needs, the demand for advanced chassis systems is also expanding. Technological advancements that lead to lighter, stronger, and more efficient chassis designs are crucial, as they contribute to improved fuel efficiency and reduced emissions, aligning with stringent environmental regulations. The growing popularity of electric vehicles is another significant driver, as these vehicles require specially designed chassis to accommodate batteries and electric drivetrains. Additionally, the development of autonomous driving technologies necessitates more sophisticated chassis systems capable of integrating with various sensors and control systems to ensure safety and reliability. The continuous evolution of automotive technologies and consumer preferences towards higher performance and safer vehicles ensures robust growth and ongoing innovation in the automotive chassis market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the High Strength Steel Chassis segment, which is expected to reach US$53.2 Billion by 2030 with a CAGR of a 6.3%. The Aluminum Alloy Chassis segment is also set to grow at 7.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $11.8 Billion in 2023, and China, forecasted to grow at an impressive 10.0% CAGR to reach $26.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automotive Chassis Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Chassis Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automotive Chassis Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, DuPont de Nemours, Inc., Hitachi Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 39 Featured):
- 3M Company
- DuPont de Nemours, Inc.
- Hitachi Ltd.
- Continental AG
- Continental Automotive GmbH
- Magna International, Inc.
- DURA Automotive Systems
- Hitachi Astemo, Ltd.
- Bharat Forge Ltd.
- Benteler International AG
- CIE Automotive SA
- F-Tech, Inc.
- Farinia Group
- GPC Asia Pacific Pty Limited
- Aisin Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- DuPont de Nemours, Inc.
- Hitachi Ltd.
- Continental AG
- Continental Automotive GmbH
- Magna International, Inc.
- DURA Automotive Systems
- Hitachi Astemo, Ltd.
- Bharat Forge Ltd.
- Benteler International AG
- CIE Automotive SA
- F-Tech, Inc.
- Farinia Group
- GPC Asia Pacific Pty Limited
- Aisin Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 468 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 60 Billion |
Forecasted Market Value ( USD | $ 93.6 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |