The automotive chassis market is expected to reach USD 78.44 billion by 2025, growing at a CAGR of 5.59% from its estimated USD 50.78 billion in 2017. Growing vehicle production, rising LCV demand globally as a result of industrialization, and rising crash safety demands all contribute to the market’s expansion.
Monocoque type chassis to hold the largest share in the automotive chassis market, in terms of volume
Due to its widespread application in both passenger cars and light commercial vehicles, the monocoque chassis is anticipated to hold the greatest market share in the worldwide automotive chassis market by 2025. Its lightweight design contributes to the vehicle’s increased fuel efficiency.
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Better space utilization and light weight construction are expected to increase the penetration of skateboard type chassis construction in electric vehicles
Skateboard-style chassis penetration is anticipated to increase at a quicker CAGR than monocoque chassis. It can be ascribed to the superior weight reduction and space utilization made possible by adopting this kind of chassis. It is possible to keep the complete battery pack inside the chassis, distributing its weight evenly. Additionally, unlike monocoque construction, it enables the adoption of any type of body structure over it. This chassis design is used by Tesla in the Model S.
Asia Pacific: Leading the automotive chassis market
In terms of volume, the automotive chassis market is anticipated to be dominated by Asia Pacific in 2025. The region includes emerging nations like China and India. Over time, the number of vehicles produced has increased as OEMs in this area meet both domestic and international demand.
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Key Market Players:
The automotive chassis market is dominated by a few globally established players such as Robert Bosch (Germany), Continental (Germany), Benteler (Germany), Magna (Canada), and Aisin Seiki (Japan)
Key Market Players:
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