Automotive Chassis Market Review From 2018 To 2023 Research Report

Automotive Chassis Market Research Report – Global Forecast to 2023, by Chassis Type (Backbone, Ladder, Monocoque, Modular, and Others), Material (Steel, Aluminum Alloy, Carbon Fiber Composite), Chassis System (Axle, Corner Modules, and Active Kinematics Control), Vehicle Type (Passenger Car and Commercial Vehicle), and region.

Automotive chassis is the internal framework that supports all the components in an automobile. It is a main supporting structure of a vehicle. As per the report published by Market Research Future (MRFR), the global automotive chassis market is registered to expand steadily at a CAGR of 5.76% during the forecast period of 2017-2023.

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The recent upgrades in chassis systems that enhance aerodynamic qualities and reduce the overall weight of vehicle to improve fuel efficiency and design are leading to rapid adoption of advanced automotive, resulting in the expansion of the global automotive chassis market.

Increasing disposable income and easy availability of automobiles at lower prices are generating high demand for automobiles all over the world, which in turn is propelling the growth of the global automotive chassis market.

The automotive chassis market has been segmented based on chassis type, material, chassis system, vehicle type, and region. On the basis of chassis type, the market is segmented as backbone, ladder, monocoque, modular, and others. Monocoque chassis type is expected to dominate the automotive chassis market during the forecast period due to its safety and better fuel efficiency with minimum emission in the environment. This property makes it widely used in passenger cars. On the basis of material, the market is segmented as steel, aluminum alloy, and carbon fiber composite.

Aluminum alloy is expected to account for the largest market because of its light weight. The lightweight of aluminum reduces the weight of the car, thus improving safety. The reduction in the weight of the vehicle will result in improved fuel efficiency. The increased fuel efficiency will result in the growth of the market during the forecast period. Based on chassis system, the market is segmented as axle, corner modules, and active kinematics control. Axle is expected to dominate the market during the forecast period because it holds the major weight of the vehicle, which increases the demand for the axle. The improved safety of the axle, will result in the growth of the automotive chassis market during the forecast period.

TABLE OF CONTENT:

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

Continued…

For more details browse this report at: https://www.marketresearchfuture.com/press-release/global-automotive-chassis-industry

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