Transparency Market Research has published a new report titled, “Global Automotive Chassis Systems Market (Component: Suspension ball joints, Cross-axis joints, Tie-rods, Stabilizer links, Control arms, Knuckles and hubs; Chassis system: Front axle, Rear axle, Corner axle, and Active Kinetic control; Vehicle type: Passenger vehicle, light commercial vehicle, heavy commercial vehicle, Off Road Vehicle, Construction equipment vehicle, Farm Vehicles- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global Automotive Chassis systems market is projected to surpass US$ 95 Bn by 2027, expanding at a CAGR of above 3 % during the forecast period.
Global Automotive Chassis Systems Market:
- According
to the report, the global Automotive Chassis systems market is expected to
expand at a CAGR of 3%, with rise in global production of
vehicle
- Revival
of economy with rapid industrialization in emerging economies of Asia
Pacific and Rest of the World is anticipated to drive the automotive
chassis system market during the forecast period
Get PDF brochure for
Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4794
Expansion of Global Automotive Chassis Systems Market
- There
has been an increase in construction activities in the developing
countries of Asia Pacific and RoW. These construction activities depend
highly on construction equipment vehicles. HCVs, and LCVs are also
required for the transportation of raw materials from one point to
another. Thus, these manufacturers of construction equipment vehicles need
to constantly design the chassis system to suit the needs of construction
activities in that particular area. This would fuel the demand for
automotive chassis systems, thereby driving the market in the near future
- Manufacturers
of automotive chassis systems are investing significantly in research and
development for innovation of the latest composite components. This would
help in the manufacture of automotive chassis systems that are lighter and
stronger. Latest innovative features such as automotive chassis sensors
for the detection of any kind of malfunctioning of any of the components
used in the automotive chassis system market are driving the market
- By
vehicle type, the automotive chassis system market has been segmented into
passenger cars, LCVs, HCVs, off-road vehicles, construction equipment
vehicles, defense vehicles, and farm tractors. The passenger cars segment
held the largest share of the automotive chassis system market in terms of
revenue in 2018. Off-road vehicles such as dirt bikes and ATVs
are popular among adventure lovers in North America and Europe.
Furthermore, several sports activities are organized globally. This boosts
the demand for off-road vehicles. LCV was the third largest segment of the
automotive chassis system market, as these are the most preferred type of
vehicles used for commercial purposes
Regional Analysis of Global Automotive Chassis Systems
Market:
- In
terms of region, the global Automotive Chassis systems market has been
segregated into North America, Europe, Asia Pacific, and Rest of World.
During 2018, Asia Pacific held the leading share of the
global market followed by Europe and North America. Rising domestic demand
of vehicles in China & India has boosted the automotive chassis system
market in Asia Pacific region
- Prominent
players operating in the global Automotive Chassis systems market
include American Axle & Manufacturing, Benteler International
AG, Continental AG, Robert Bosch GmbH, and ZF Friedrichshafen AG.
The global Automotive Chassis systems market has been
segmented as follows:
- Global
Automotive Chassis Systems Market, by Component
- Suspension
Ball Joints
- Cross-axis
Joints
- Tie-rods
- Stabilizer
Links
- Control
arms
- Knuckles
& Hubs
- Global
Automotive Chassis Systems Market, by Chassis System
- Front
Axle
- Rear
Axle
- Corner
Axle
- Active
Kinematics Control
- Global
Automotive Chassis Systems Market, by Vehicle Type
- Passenger
cars
- Light
Commercial Vehicle
- Heavy
Commercial Vehicle
- Off
Road Vehicle
- Contraction
Equipment Vehicle
- Farm
Vehicle
Purchase our Premium
Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=4794<ype=S
About Us
Transparency Market Research is a global market intelligence
company, providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. Our experienced team
of Analysts, Researchers, and Consultants, use proprietary data sources and
various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a
team of research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability, Transparency Market
Research employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
No comments:
Post a Comment