The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Chassis Module Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Chassis Module Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.
Chassis Module Market Competitive Research And Precise Outlook 2023 To 2030
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From US$54.79 Bn in 2022, the global chassis module market is expected to grow at a CAGR of 6.2% to US$81.06 Bn by 2030. The
chassis module industry plays a significant role in the global automobile sector. It contributes to the vehicle's stability and is
therefore an essential structural component. The frame module ensures proper alignment and compatibility with the vehicle's
body, suspension, and other critical components.The increased need for fuel-efficient, lighter automobiles is a major factor in the
expansion of the chassis module market. To reduce fuel consumption and emissions, automakers are constantly seeking for ways
to lighten vehicles. More and more automakers are opting for aluminum and other modern alloy chassis modules due to their
superior strength-to-weight ratio and consequently lower overall vehicle weight.The increasing demand for electric vehicles (EVs)
is also influencing the chassis module industry. Electric vehicles' high-capacity batteries necessitate a unique approach to the
construction of the chassis. In order to make the most efficient use of space, integrate batteries, and sustain the heavier battery
packs, electric platforms require special chassis parts.Vehicle safety and efficiency are also driving the chassis module market.
Modern chassis technology like adaptive damping, anti-lock brakes, and electronic stability control make vehicles more relaxing
to ride in and safer to operate. Manufacturers are investing in innovative chassis designs to improve the driving experience and
conform to stringent safety regulations.The market for chassis modules is very competitive due to the presence of numerous
international and domestic competitors.
Market Overview
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By Region:
North America, South America, Asia Pacific (excluding Japan), Eastern Europe, Western Europe,
Japan, and the Middle East and Africa make up the seven regions that make up the worldwide
chassis module market.The global market for chassis modules is anticipated to expand at a rapid clip
throughout the forecast time frame. This is because more and more applications need the
convenience, security, and backup systems that chassis modules provide, such as the automotive
sector.The chassis module system is essential to the design, adaptation, and integration of various
components for maximum protection, comfort, and control. As a result of increased safety
consciousness, the North American market for chassis modules is particularly large.
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The Global Chassis Module Market has been segmented into:
By Type
• Steel
• Aluminum
• Fiber
• Other
By Application
• Anti-lock braking system
• Traction Control System
• Electronic Brake Distribution
• Electronic Stability Program
By Sales Channel
• Original Equipment Manufacturers (OEMs)
• Aftermarket Sales
• Online Retail
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The Global Chassis Module Market has been segmented into:
By Region
North America
• US
• Canada
• Mexico
• Rest of North America
The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
•Latin America
• Brazil
• Argentina
• Rest of Latin America
By Region
Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
By Region
Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
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In an effort to lower emissions and lower fuel costs, automakers have developed lightweight chassis pieces.Automakers have put in
significant effort to develop lightweight chassis elements as a means to reduce fuel consumption and emissions. Lightweight
aluminum, high-strength steel, and composites have become increasingly common in recent years for use in chassis parts.Aluminum
is widely used due to its low density and high strength-to-weight ratio. That's why it's such a good option for cutting down on vehicle
weight. The material is much lighter than ordinary steel while maintaining the same level of strength and safety. Lighter vehicles have
a lower gas footprint and lower fuel costs, and aluminum frame components contribute to this goal.High-strength steel is another
lightweight material that is often used in the construction of chassis modules. Because of the increased strength and stiffness, the
structure may be made lighter without compromising reliability. Hot stamping and tailoring blanks, two modern manufacturing
processes, allow for the production of high-strength steel parts with complex shapes, allowing for further reductions in
weight.Carbon fiber-reinforced polymers (CFRP) and other composites are lightweight despite being significantly stronger and stiffer
than conventional materials. Advantages of carbon fiber reinforced plastic (CFRP) frame parts include resistance to corrosion and a
wide range of customization options. However, their higher production cost means they aren't used in nearly as many vehicles as
they could be. However, developments in composite production and initiatives to reduce costs are making composites a more
attractive option for lightweight chassis applications.Manufacturing chassis modules from more lightweight materials allows
Market Dynamics
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• Bertrandt
• Ixia
• Benteler Automotive
• Robert Bosch GmbH
• Magna International Inc.
• Continental AG
• ZF Friedrichshafen AG
• Aisin Seiki Co., Ltd.
• American Axle & Manufacturing Holdings, Inc.
• Gestamp Automoción
• Hyundai Mobis
• CIE Automotive And Others.
MARKET PLAYERS
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