Automotive Chassis Market Trends

Growth Drivers

Growing Dependencies on Heavy Commercial Vehicles – chassis being the structural skeleton for every vehicle including truck. Chassis is the platform on which the truck is laid on as it contains the axles, fuel tank engine, cab, and batteries. The rising dependency on trucks is expected to boost the automotive chassis market in the projected period. For instance, 70% of all freight transported United States depends on trucks for deliveries.
Rising Number of Buses - for instance, there were almost 167,200 units of bus in the world in 2021.
Upsurge in the Demand for Sports Cars – which accounted for about 1.5% of the total United States car sales in 2021.
Increasing Number of Trailers – it was found that, in 2021, there were more than 2.5 million tractor trailers in United States alone.

Challenges

High Cost of Manufacturing
Fluctuating Cost of Raw Materials
Increasing Trend of Shared Mobility

Automotive Chassis Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	6.2%
Base Year Market Size (2024)	USD 72.35 billion
Forecast Year Market Size (2037)	USD 158.15 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive chassis is assessed at USD 75.94 billion.

The automotive chassis market size was valued at USD 72.35 billion in 2024 and is likely to cross USD 158.15 billion by 2037, registering more than 6.2% CAGR during the forecast period i.e., between 2025-2037. Growing number of motor vehicles as well as rising number of cars along with surge in the demand for trucks & trailers will fuel the market growth.

Asia Pacific industry is likely to account for largest revenue share of 43% by 2037, backed by presence of a strong automobile network in the region, growing export of automobiles, as well as rising production of vehicles.

The major players in the market are Stellantis N.V., Schaeffler Group, Benteler International AG, Aisin Corporation, Continental AG, Hyundai Mobis Co., Ltd., Gestamp Servicios, S.A., Magna International Inc., Autokiniton, ZF Friedrichshafen AG

Automotive Chassis Market Trends