Automotive Chassis System Summary
The main factors that drive the growth of the global automotive chassis system market include an increase in demand for a fuel-efficient vehicle, the surge in innovations and technological advancements, and a rise in automobile production. On the contrary, fluctuating prices of raw material and decreasing vehicle ownership due to increasing shared mobility are some of the factors that would restrain the growth of the market. However, rising electric vehicle production is anticipated to provide lucrative opportunities for the growth of the market. Also, the development of ultra-light chassis systems, which makes way for new companies to enter the market without much R&D investment, is expected to provide opportunities for market growth.
The global Automotive Chassis System market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.
Product Type Coverage Market Size & Forecast, Major Company of Product
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Automotive Chassis System Type etc. :
- Front Axles
- Rear Axles
- Corner Modules
- Active Kinematics Control
Demand Coverage Market Size & Forecast, Consumer Distribution :
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Company Coverage Sales data, Main Products & Services etc. :
- ZF Group
- Magna International
- ALF ENGINEERING
- BENTELER International
- Kalyani Group Bharat Forge
- Surin Automotive
- American Axle & Manufacturing
Major Region Market
- North America
- South America
- Middle East & Africa
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