Report Details:
15 Companies Covered
100 Pages
Market Research Future (MRFR) has published a cooked research report on the “automotive chassis market” that contains the information from 2019 to 2035.
The automotive chassis market is estimated to register a CAGR of 7.9% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the automotive chassis market— ZF Friedrichshafen AG, Continental AG, Magna International, Benteler International AG, Hyundai Mobis, AL-KO, Schaeffler Technologies AG & Co. KG, Toyota Motor Corporation, Suzuki Motor Corporation and Dana Incorporated, and others.
automotive chassis market Highlights
The automotive chassis market is accounted for to register a CAGR of 7.9% during the forecast period and is estimated to reach USD 2,16,202.3 million by 2035.
The automotive chassis market refers to the industry focused on the design, production, and sale of the chassis, which is the foundational framework of a vehicle. The chassis supports and connects critical components such as the engine, suspension, transmission, and wheels, providing structural integrity, stability, and safety. It serves as the platform upon which all other vehicle systems are mounted, making it essential for both performance and durability.
In the context of market dynamics, the automotive chassis market is driven by the increasing demand for lightweight and fuel efficient vehicles, the rise of electric and autonomous vehicles, and the integration of advanced safety technologies. Manufacturers are increasingly adopting materials like aluminum alloys and carbon fiber composites to reduce vehicle weight without compromising strength. Innovations in chassis design such as modular and monocoque structures are also reshaping the market to meet evolving consumer and regulatory demands.
Segment Analysis
The automotive chassis market has been segmented based on component, chassis type, material, chassis system, and vehicle type.
Based on the Chassis Type, the automotive chassis market segmentation is Backbone, Ladder, Monocoque, Modular, and Others. Monocoque dominated the market in 2024. Monocoque chassis which is also known as unibody chassis, dominates the passenger car market because of their lightweight construction, safety benefits, and ability to integrate structural strength into the body itself.
Based on the Material, the automotive chassis market segmentation is Steel, Aluminum Alloy, and Carbon Fiber Composite. Aluminum Alloy dominated the market in 2024 registering revenue of USD 52,199.2 million.
Based on the Chassis system, the automotive chassis market segmentation is Axle, Corner Modules, and Active Kinematics Control. Axel segment dominated the market in 2024. With the shift toward electric mobility, axle design is evolving to integrate electric drive axles (e-axles), which combine motors, power electronics, and transmission into a compact unit. Leading suppliers such as Dana Incorporated and ZF Friedrichshafen have introduced advanced e-axles tailored for EVs which enables better efficiency and space optimization in chassis design.
Based on the Vehicle Type, the automotive chassis market segmentation is Passenger Car, and Commercial Vehicles. The passenger car segment dominated the market in 2024. Passenger cars are driven by increasing the demand of consumers, urbanization and the global shift toward electric and hybrid vehicles.
Regional Analysis
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. The Asia-Pacific automotive chassis market accounted for ~49.18% in 2024 and is expected to grow with the CAGR of 6.8% during the forecast period.
The continuous demand for the automotive chassis and succeeding vehicle production drives the automotive chassis market in AsiaPacific. Additionally, increasing governmental mandates for improving vehicle safety have strongly contributed to the demand for the Asia-Pacific automotive chassis market. Asia-Pacific is expected to witness the highest growth because manufacturers in this region offer high-cost reductions, owing to the availability of low-cost labor and raw materials. Furthermore, the region comprises countries such as India, Japan, China, and others which account for a decent part of the total vehicle production globally
North America Automotive Chassis market is influenced by a high demand of pickup trucks, SUVs, and high-end passenger cars, in which robust and lightweight chassis systems are essential in terms of performance and safety. High-strength steel and aluminum are some of the advanced chassis materials that are being embraced by automakers due to stringent vehicle safety regulations and fuel efficiency standards. Moreover, the increased use of electric vehicles and the ongoing modernization of vehicle platforms by key OEMs are also facilitating the expansion of the market in the region.
Europe is a mature market, which is backed by strict regulation of emissions, emphasis on lightweight architecture of vehicles, and high uptake of electric and hybrid vehicles. In the region, automakers are considering more and more modular and scalable chassis platforms to achieve sustainability goals. Also, the availability of major car producers and ongoing research in new materials and structural engineering keep fueling automotive chassis system demand.
South America Automotive Chassis This is a growing market with the recovery in automotive production and the increasing demand of low-cost passenger and light commercial vehicles. The use of better chassis systems is being encouraged by increasing investments by global OEMs in local manufacturing plants and incremental gains in vehicle safety standards. In addition, the recovery of the economies in major countries and the development of infrastructure is also fueling market growth.
Commercial vehicles, SUVs, and off-road vehicles adapted to tough terrain and climate conditions are in demand, which drives market development in the Middle East and Africa. Chassis demand is being supported by infrastructure development, increased logistics activities, and increased automotive imports. Also, the increase in investment in regional transport systems and the slow localization of vehicle production are also having a positive effect on the growth of the market.
Key Findings of the Study
- The automotive chassis market is expected to reach USD 2,16,202.3 million by 2035, at a CAGR of 7.9% during the forecast period.
- The North America region accounted for the fastest-growing region in the market, which is expected to witness CAGR of 9.1% in forecast period.
- ZF Friedrichshafen AG, Continental AG , Magna International , Benteler International AG , Hyundai Mobis, AL-KO, Schaeffler Technologies AG & Co. KG, Toyota Motor Corporation, Suzuki Motor Corporation and Dana Incorporated, are the key market players.
- Based on Material, allunimum alloy segment accounted for the highest market share with the value of USD 52,199.2 Million in the year 2024.