Automotive Chassis Component Market
Automotive Chassis Component Market Size and Growth
The Automotive Chassis Component market is experiencing steady growth, driven by advancements in electric vehicles and increasing safety standards. The market is projected to reach approximately $45 billion by 2025, reflecting a compound annual growth rate (CAGR) of around 5%. Key trends include lightweight materials and enhanced design innovations.
Companies Covered (Covid 19 Impact Covered)
◍ Continental
◍ TPV Group
◍ Bosch
◍ ZF Group
◍ Alf Engineering
◍ BENTELER International
◍ Kalyani Group (Bharat Forge)
◍ KLT Automotive & Tubular Products
The Automotive Chassis Component Market features key players like Continental, TPV Group, Bosch, ZF Group, Alf Engineering, BENTELER, Kalyani Group, and KLT. These companies innovate through advanced materials and designs, enhancing vehicle safety and performance, which drives market growth. Specific revenue figures include:
- ZF Group: €40 billion
- Bosch: €47 billion
- Bharat Forge: ₹11,077 crore (approx. $1.5 billion).
Request Sample Report
Market Segmentation
By Application
Passenger Vehicles
Commercial Vehicles
By Product
◍ Backbone Chassis
Ladder Chassis
Monocoque Chassis
Modular Chassis
Request Sample Report
Market Growth
Request Sample Report
$ X Billion USD
