Uploaded on Jan 24, 2020
The automotive chassis systems market is expected to register CAGR of 4.60% during the forecast period, and will reach revenue of $114575 million by 2027
Automotive Chassis Systems Market | Global Industry Growth Analysis 2019-2027
Automotive Chassis Systems Market
2019-2027
The global automotive chassis systems market is
estimated to register a CAGR of 4.60% during the forecast
period. The infrastructural developments, technological
advancements, increased demands for low-emission
vehicles, and rising demands for automobiles, are the
factors propelling the growth of the market.
• There is an increase in the demand and production of
automobiles which is propelling the automotive chassis
systems market growth.
• The increasing adoption of electric vehicles due to stringent
regulations by the governments with regards to emissions, is
estimated to result in growth opportunities for the market.
• The chassis used in electric vehicle differ from that of the
motor powered vehicle.
• The increase in the production of lightweight automotive
chassis systems due to the rising demands of fuel-efficient
vehicles is expected to result in ample opportunities for the
growth of the market.
• Geopolitical turmoil and cost-related pressure from the
consumer end pose as threats to the growth of the market.
“Global Automotive Chassis Systems Market is estimated to
register a CAGR of 4.60% during the forecast period.”
https://www.inkwoodresearch.com/reports/automotive-chassis-systems-market/
The North America automotive chassis
systems market is estimated to record
a CAGR of 2.68% during the forecast
period.
The Europe automotive chassis systems
market is estimated to grow at a CAGR of
4.12% during the forecast period.
The Asia Pacific automotive chassis systems
market is expected to register a CAGR of
5.02% during the forecasted period, 2019-
2027.
The major companies in the region are ZF
Friedrichshafen Ag, Continental Ag, Hyundai
Mobis Co. Ltd., Schaeffler Ag, Magna
International Inc., Gestamp Automoción
S.A., Tower International, Inc., etc.
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