Dublin, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The "Automotive Chassis - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Automotive Chassis Market to Reach $92.2 Billion by 2030
The global market for Automotive Chassis estimated at US$55.2 Billion in the year 2022, is projected to reach a revised size of US$92.2 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.
The dataset also includes similar analyses for various materials used in automotive chassis construction, such as high-strength steel, aluminum alloy, carbon fiber composite, monocoque, modular, backbone, and ladder. These materials are analyzed in terms of annual sales from 2022 to 2030, as well as historical data from 2014 to 2021, and a 16-year perspective.
High Strength Steel, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$52.3 Billion by the end of the analysis period. Growth in the Aluminum Alloy segment is estimated at 7.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $11 Billion, While China is Forecast to Grow at 10% CAGR
The Automotive Chassis market in the U.S. is estimated at US$11 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.2 Billion by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.
It covers recent past, current, and future sales data from 2022 to 2030, along with percentage Compound Annual Growth Rates (% CAGR). Additionally, it offers a historic review of sales data from 2014 to 2021 and a 16-year perspective, showcasing the percentage breakdown of value sales for different regions in 2014, 2023, and 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
Furthermore, it provides insights into the sales of different types of vehicles, including passenger cars, light commercial vehicles, and heavy commercial vehicles, in the same geographic regions, covering the years 2022 to 2030, historical data from 2014 to 2021, and a 16-year perspective.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 468 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $55.2 Billion |
| Forecasted Market Value (USD) by 2030 | $92.2 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Automotive Chassis: Outlook
- Monocoque Chassis Segment Leads the Global Market
- Asia-Pacific to Drive Market Growth
- Passenger Car Production in Asia by Select Countries (in 000 Units): 2018
- Affluent Middle Class Opens Up Asia into a Major Market
- A Key Demographic Driver of Consumerism, the Growing Middle Class Population in Asia Pacific Drives Demand for New Cars: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Expanding Base of Middle Class in the Asian Region Provides the Perfect Platform for Automotive Consumerism: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
- Automotive Chassis - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- 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
- 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
- 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
- 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
- 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
FOCUS ON SELECT PLAYERS(Total 39 Featured)
- 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)
For more information about this report visit https://www.researchandmarkets.com/r/psbttk
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