The Global Chassis Module Market size is projected to reach USD 3.02 billion by 2028. Increasing demand for light commercial vehicles and defense vehicles will drive the growth of the market over the forecast period. The increasing adoption of these products in emerging economies such as China and India owing to their low cost will also boost industry growth.
Chassis Module is a solid, structural component of the vehicle that houses all or some of its mechanical components. It provides protection for these vital parts and distributes loads to other members. Chassis modules are typically assembled by welding panels together which reduces body panel production time and costs. The main types of chassis modules include steel, aluminium, fibre reinforced plastic (FRP) and composite materials such as carbon-fiber composites. These elements have different advantages with regards to strength/weight ratio, cost, etc., but their low weight enables them to be used in areas where extra loading capacity may not be required. They also offer better crashworthiness compared to conventional systems because they distribute energy from impact across multiple points instead of concentrating it at a single point.
On the basis of Type, the market is segmented ted into Steel, Aluminium, Fibre Reinforced Plastic (FRP). These elements have different advantages with regards to strength/weight ratio, cost, etc., but their low weight enables them to be used in areas where extra loading capacity may not be required. They also offer better crashworthiness compared to conventional systems because they distribute energy from impact across multiple points instead of concentrating it at a single point.
Steel Chassis Module is a module that consists of an aluminum coil, steel, and rubber. It's most commonly used in the automotive industry for its durability and cost-effectiveness. In addition to being affordable, this module also has good corrosion resistance properties which make it suitable for use outdoors or near saltwater environments where other modules would not last long due to rusting. Steel chassis modules are usually found on: construction equipment (bulldozers), off-road vehicles (dune buggies), and farm tractors). Separately from their benefits as mentioned above, there are some disadvantages associated with these types of modules too. They can be more expensive than fiber modules because they're typically heavier.
An Aluminum Chassis Module is a structural component made from aluminum. An aluminum chassis module is a type of chassis module that provides a lightweight but rigid structure for automotive applications. The main application areas are in the construction industry where it's used to build strong mobile scaffolding bases on which other workers can stand or work from a height without worry about structural problems - as well as the farming sector where many agricultural machines use an aluminum frame because they require high levels of corrosion resistance combined with strength. Aluminum modules have also been developed especially for manufacturing off-road all-terrain vehicles (ATVs) like quads and dirt bikes so their frames don't bend under driving forces such as acceleration or braking.
A Fibre Reinforced Plastic (FRP) Chassis Module is a type of chassis module that combines the strength and rigidity properties of fiberglass with polyester resin. This means it's strong enough to carry heavy loads without bending or cracking, while at the same time being lightweight but still durable. FRP modules are often used in vehicles where there needs to be good structural stiffness combined with high levels of corrosion resistance - like boats, off-road vehicles, tractors, and construction equipment.
On the basis of Application, the market is segmented into cars, light commercial vehicles, intermediate commercial vehicles, and heavy-duty trucks. The Car segment is expected to be the largest segment by 2028, accounting for more than half of the global market.
On the basis of Region, the market is segmented into North America, Latin America, Europe and the Asia Pacific region. The demand in the market is mainly from emerging economies such as China, India, Brazil, and other South American countries. The Asia Pacific market is expected to be the fastest-growing market during 2021-2028. The major driver for this growth can be attributed to the increasing demand for light commercial vehicles such as cars and LCVs across these developing economies which also leads them towards adopting lighter chassis module designs that are less costly but have good structural stiffness combined with high levels of corrosion resistance like boats off-road vehicles tractors construction equipment etc.
Up Market Research published a new report titled “Chassis Module Market research report which is segmented by Types (Steel, Aluminium, Fibre), By Applications (Cars, Light Commercial Vehicles, Intermediate Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, Construction Equipment, Defense Vehicles, Farm Tractors), By Players/Companies Bertrandt, Ixia, Benteler Automotive”.
|Report Attributes||Report Details|
|Report Title||Chassis Module Market Research Report|
|By Type||Steel, Aluminium, Fibre|
|By Application||Cars, Light Commercial Vehicles, Intermediate Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, Construction Equipment, Defense Vehicles, Farm Tractors|
|By Companies||Bertrandt, Ixia, Benteler Automotive|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||224|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Steel, Aluminium, Fibre and By Application Cars, Light Commercial Vehicles, Intermediate Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, Construction Equipment, Defense Vehicles, Farm Tractors.
Some of the companies that are profiled in this report are:
Chassis Module Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Chassis Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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