Automotive Chassis Market - Forecast(2023 - 2028)

The Automotive Chassis market is expected to grow at a CAGR of 7%. Due to constant improvement in the Chassis manufacturing and material selection it will increase the competition in the automobile sector. Aluminum Chassis has the highest revenue generation. In addition, fiber and resin based material is expected to take over the market in future. Manufacturers are focusing on alternate material to product cost efficient, and high strength chassis.

Automotive Chassis are the skeleton structure of the automobile upon which the engines and other automotive parts are placed through which whole body of the automobile is fabricated. It is manufactured from Steel, Aluminium, Magnesium alloy, Cast Iron and Ferrous metal which comes under metal group. The focus has been shifted towards the non-metal material for producing high strength and light weight chassis from Carbon Fiber and conducive powder as these material reduces the cost of manufacturing and give high strength yield. Die casting and molding process is enforced to produce precise parts which is used for fastening of the chassis to the body parts of the automobile. Gas Metal Arc Welding and Metal Inert Gas Welding are the common practice to join the two ends of the chassis apart from that Adhesive Bonding is the new technique which is being implemented as it is eliminating the cost and providing the high strength and durability similar to other two joining process. 

Chassis are used for providing the base for the automotive parts to be placed. It is like a skeleton of the automobile which upholds the automotive parts. These are widely used in Internal Combustion Vehicles, Electric Vehicles and Hybrid Vehicles. It comes in different shape and size with different material compositions. Space Frame is the most commonly and widely used Chassis around the automobile Industry. As it provides vast area for the automotive parts. Usually we see these type of chassis in four wheelers. Ladder frame and Rail frame are the chassis frame which is used for heavy vehicles due to its high strength and load resistance.

The companies referred in the market research report are Hyundai Mobis, Honda, Hitachi Automotive system, Auto/steel partnership Organization and 10 other companies.

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.