What is Automotive ChassisMarket?
Automotive Chassis is the main skeleton or structure of the automobile upon which the engines and other automotive parts are placed through and the whole body of the automobile is fabricated. These platforms are made and manufactured from Steel, Aluminium, Magnesium alloy and many other materials that comes under the metal group. The main focus of the manufactures has been shifted towards the non-metal material for producing high strength and lightweight chassis. Die casting and molding processes are enforced to produce precise parts that are used for the fastening of the chassis to the body parts of the automobile.
Automotive Chassis Market Report Coverage
Report Coverage | Details |
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Study Timeframe | 2018 to 2028 |
Base Year | 2022 |
Growth Drivers | - Rising Demand for Automotive Sector
- Increase in Sales of Commercial Vehicles
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Challenges & Pitfalls | - High Installation Cost Associated with these Chassis
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Opportunities
Growth in Electric Vehicle Sales and Demand for Vehicles With Better Mileage
Restraints
- Fluctuating Price of Raw Materials
- Shared Mobility due to Increase Ownership
The Vendors Covered in the Study are:
Continental (Germany), ZF (Germany), Magna (Canada), Aisin Seiki (Japan), Tower International (United States), Benteler (Germany), CIE Automotive (Spain), Schaeffler (Germany), F-Tech (Japan) and KLT Auto (India)
Available Customization:
A list of players that can be included in the study on an immediate basis are Hyundai Mobis (Korea Republic) and AL-KO (Germany).
Market Development Activities
in May 2020, Marking the beginning of the integration of WABCO and ZF, the acquisition unites the two industry leaders behind a shared vision to create a customer-centric powerhouse to advance commercial vehicle technology. By adding WABCO, ZF will focus on expanding its commercial vehicle service portfolio and running its customers' businesses.
In 2019, Audi launched its new Car Audi A8, with all the features that include light-weighted steering and gear coupled with dynamic chassis mode that enables automatic shifting of gears and hence enhancing the driving experience.