Global Chassis Frame Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Chassis Frame market size was valued at USD 125.5 million in 2023 and is forecast to a readjusted size of USD 164.3 million by 2030 with a CAGR of 3.9% during review period.
Automotive chassis frame is a kind of vehicle frame, is the main supporting structure of a motor vehicle, to which all other components are attached, comparable to the skeleton of an organism.
The chassis frame market is driven by several factors that contribute to its growth and development. Here are some key drivers influencing the chassis frame market: Automotive Industry Growth: The growth of the automotive industry is a significant driver for the chassis frame market. As the demand for automobiles increases globally, there is a corresponding need for chassis frames to support various types of vehicles, such as passenger cars, commercial vehicles, and off-road vehicles. Increasing Vehicle Production: The rising production of automobiles, especially in emerging markets, is driving the demand for chassis frames. This growth is fueled by economic development, increasing disposable incomes, and urbanization, leading to higher sales of vehicles. Lightweighting Initiatives: The automotive industry is increasingly focused on reducing vehicle weight to improve fuel efficiency and reduce emissions. Chassis frames made from lightweight materials, such as aluminum, advanced high-strength steel, and carbon fiber composites, are gaining popularity as they offer a balance between strength and weight. Stringent Emission and Safety Regulations: Government regulations aimed at reducing emissions and enhancing vehicle safety are pushing automakers to adopt lightweight and high-strength chassis frames. These frames contribute to improved fuel efficiency, lower emissions, and enhanced crashworthiness, meeting regulatory requirements. Technological Advancements: Technological advancements, such as advanced manufacturing techniques and computer-aided design, are driving innovation in chassis frame construction. This enables the production of frames with improved structural rigidity, enhanced safety features, and optimized design for better vehicle performance. Electric Vehicle (EV) Market Growth: The growing market for electric vehicles is driving the demand for chassis frames designed specifically for EV platforms. These frames need to accommodate battery packs and support the unique characteristics of electric drivetrains, such as higher torque and weight distribution. Aftermarket Sales and Customization: The aftermarket sales of chassis frames, particularly for restoration and customization purposes, contribute to the growth of the market. Enthusiasts and specialty vehicle builders often seek chassis frames to modify or upgrade existing vehicles, creating additional demand in the aftermarket segment.
The Global Info Research report includes an overview of the development of the Chassis Frame industry chain, the market status of Passenger Cars (Aluminum Chassis Frames, Steel Chassis Frames), Commercial Vehicles (Aluminum Chassis Frames, Steel Chassis Frames), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Chassis Frame.
Regionally, the report analyzes the Chassis Frame markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Chassis Frame market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Chassis Frame market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Chassis Frame industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Aluminum Chassis Frames, Steel Chassis Frames).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Chassis Frame market.
Regional Analysis: The report involves examining the Chassis Frame market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Chassis Frame market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Chassis Frame:
Company Analysis: Report covers individual Chassis Frame manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Chassis Frame This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Cars, Commercial Vehicles).
Technology Analysis: Report covers specific technologies relevant to Chassis Frame. It assesses the current state, advancements, and potential future developments in Chassis Frame areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Chassis Frame market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Chassis Frame market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Aluminum Chassis Frames
Steel Chassis Frames
Others
Market segment by Application
Passenger Cars
Commercial Vehicles
Major players covered
KLT Group
Magna International
PRESS KOGYO
Britcar
ZF Friedrichshafen
Lear Corp.
Gestamp
Samvardhana Motherson
Art Morrison Enterprises
FACTORY FIVE LICENSING
Tower International
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Chassis Frame product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Chassis Frame, with price, sales, revenue and global market share of Chassis Frame from 2019 to 2024.
Chapter 3, the Chassis Frame competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Chassis Frame breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Chassis Frame market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Chassis Frame.
Chapter 14 and 15, to describe Chassis Frame sales channel, distributors, customers, research findings and conclusion.