Automotive Chassis Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type, By Electric Vehicle Type, By Chassis Type, By Material, By Region & Competition, 2021-2031F

Description

The Global Automotive Chassis Market is projected to expand significantly, rising from USD 113.78 Billion in 2025 to USD 210.98 Billion by 2031, reflecting a compound annual growth rate of 10.84%. As the fundamental structural framework of a vehicle, the chassis is engineered to bear mechanical loads while supporting the body and powertrain. The market's upward trajectory is primarily fueled by consistent increases in global vehicle manufacturing rates and the necessity for modular platforms inherent to transport electrification. This direct link between assembly volume and component demand is highlighted by recent industrial output; according to the China Association of Automobile Manufacturers, automobile production hit nearly 13.89 million units in the first half of 2024, driving a corresponding need for chassis fabrication to sustain this level of activity.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 113.78 Billion
Market Size 2031	USD 210.98 Billion
CAGR 2026-2031	10.84%
Fastest Growing Segment	Modular
Largest Market	Asia Pacific

However, the sector confronts substantial obstacles due to the unpredictable fluctuation of raw material costs. Manufacturers must navigate persistent uncertainty regarding prices for steel and aluminum alloys, which are critical for building frames that are both durable and lightweight. This instability regarding input costs hampers the ability to set strategic pricing and squeezes profit margins, thereby posing a threat to the financial stability of suppliers operating within the global value chain.

Market Driver

The automotive industry's rapid shift toward electrification is necessitating a move to specialized skateboard chassis platforms. These modular designs are constructed to integrate battery packs within the floor, lowering the vehicle's center of gravity and maximizing interior space while accommodating the substantial mass of electric powertrains. This structural advancement enables producers to scale manufacturing across diverse models using a single adaptable base, resulting in reduced development expenditures and faster times to market. The strength of this transition is evident in market adoption rates; according to the European Automobile Manufacturers' Association (ACEA) January 2025 'Economic and Market Report', battery-electric cars achieved a 13.6% market share in the European Union in 2024, underscoring the increasing dependence on these dedicated architectures.

Concurrently, growing consumer demand for Sport Utility Vehicles (SUVs) and light trucks is driving the need for stronger, more durable chassis systems. To manage the larger dimensions and heavier payloads of these vehicle types, designs are increasingly incorporating high-strength steel and advanced joining methods to guarantee optimal crash safety and torsional rigidity. This trend is especially strong in markets dominated by utility vehicles; according to the Alliance for Automotive Innovation's 'Get Connected Electric Vehicle Report Q4 2024' released in April 2025, light trucks accounted for 81% of the EV market in the United States during the fourth quarter of 2024. This segment-specific requirement fuels broader industry expansion, as indicated by the European Automobile Manufacturers' Association (ACEA) report that global car sales totaled 74.6 million units in 2024, highlighting the massive manufacturing scale needed to sustain such growth.

Market Challenge

Unstable raw material costs act as a major hurdle to the growth of the global automotive chassis market. The fabrication process depends heavily on metals like aluminum and steel to guarantee the structural integrity and durability essential for vehicle safety. When prices for these critical commodities fluctuate without warning, manufacturers find it challenging to maintain stable profit margins and establish consistent cost frameworks. This financial unpredictability hinders suppliers from committing to long-term pricing contracts with automakers, resulting in delayed agreements and a reluctance to invest in production capabilities.

The consequences of this instability are amplified by the massive volume of raw materials the industry utilizes annually. According to the World Steel Association, global steel demand was projected to recover by 1.7% to hit 1,793 Mt in April 2024. Given such large aggregate demand, even slight changes in material prices result in significant shifts in operational expenses for chassis manufacturers. As a result, this unpredictability compels manufacturers to either absorb the increased costs or face the loss of business, directly obstructing market expansion and financial viability.

Market Trends

The shift toward Steer-by-Wire and Brake-by-Wire systems marks a pivotal advancement in chassis technology, substituting conventional mechanical connections with digital interfaces that facilitate fully software-defined vehicle dynamics. This transition permits variable steering ratios and enhanced cabin ergonomics by enabling the steering wheel to retract during autonomous driving, aligning with the industry's drive toward automation and adaptable interiors. Commercial adoption is quickening as leading suppliers verify the dependability of these digital architectures for mass production; according to a February 2025 press release from ZF regarding the start of Steer-by-Wire production at Chinese automaker NIO, the company announced a major order to provide brake-by-wire systems for approximately five million vehicles, highlighting the rapid shift toward purely electronic actuation.

At the same time, the integration of AI-enabled predictive active suspension systems is transforming ride quality by using electromechanical actuators to actively neutralize road irregularities and reduce motion sickness in high-performance electric vehicles. Distinct from passive or semi-active dampers, these sophisticated systems utilize real-time sensor data to manage vertical wheel dynamics independently, establishing a stable platform crucial for improving passenger comfort in increasingly digitalized cabins. Efficiency is a critical competitive element for electric mobility; according to Marelli's April 2025 press release regarding its '2025 Automotive News PACEpilot Award for its Fully Active Electromechanical Suspension', the firm's new oil-free suspension design delivers up to 80% greater energy efficiency than traditional semi-active systems, illustrating the market's emphasis on merging superior handling with reduced power usage.

Key Market Players

Robert Bosch GmbH
ZF Friedrichshafen AG
Continental AG
Magna International Inc
Aisin Seiki Co., Ltd.
Hyundai Mobis Co., Ltd.
Benteler International AG
Gestamp Automocion S.A.
Schaeffler AG
Tower International, Inc.

Report Scope

In this report, the Global Automotive Chassis Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Chassis Market, By Vehicle Type

Passenger Cars and Commercial Vehicles

Automotive Chassis Market, By Electric Vehicle Type

BEV
HEV and PHEV

Automotive Chassis Market, By Chassis Type

Backbone
Ladder
Monocoque
Modular

Automotive Chassis Market, By Material

Steel
Aluminium Alloy
Carbon fibre Composite

Automotive Chassis Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Chassis Market.

Available Customizations:

Global Automotive Chassis Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Automotive Chassis Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Vehicle Type (Passenger Cars and Commercial Vehicles)
- 5.2.2. By Electric Vehicle Type (BEV, HEV and PHEV)
- 5.2.3. By Chassis Type (Backbone, Ladder, Monocoque, Modular)
- 5.2.4. By Material (Steel, Aluminium Alloy, Carbon fibre Composite)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Automotive Chassis Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Vehicle Type
- 6.2.2. By Electric Vehicle Type
- 6.2.3. By Chassis Type
- 6.2.4. By Material
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Automotive Chassis Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Vehicle Type
    - 6.3.1.2.2. By Electric Vehicle Type
    - 6.3.1.2.3. By Chassis Type
    - 6.3.1.2.4. By Material
- 6.3.2. Canada Automotive Chassis Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Vehicle Type
    - 6.3.2.2.2. By Electric Vehicle Type
    - 6.3.2.2.3. By Chassis Type
    - 6.3.2.2.4. By Material
- 6.3.3. Mexico Automotive Chassis Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Vehicle Type
    - 6.3.3.2.2. By Electric Vehicle Type
    - 6.3.3.2.3. By Chassis Type
    - 6.3.3.2.4. By Material

7. Europe Automotive Chassis Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Vehicle Type
- 7.2.2. By Electric Vehicle Type
- 7.2.3. By Chassis Type
- 7.2.4. By Material
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Automotive Chassis Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Vehicle Type
    - 7.3.1.2.2. By Electric Vehicle Type
    - 7.3.1.2.3. By Chassis Type
    - 7.3.1.2.4. By Material
- 7.3.2. France Automotive Chassis Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Vehicle Type
    - 7.3.2.2.2. By Electric Vehicle Type
    - 7.3.2.2.3. By Chassis Type
    - 7.3.2.2.4. By Material
- 7.3.3. United Kingdom Automotive Chassis Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Vehicle Type
    - 7.3.3.2.2. By Electric Vehicle Type
    - 7.3.3.2.3. By Chassis Type
    - 7.3.3.2.4. By Material
- 7.3.4. Italy Automotive Chassis Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Vehicle Type
    - 7.3.4.2.2. By Electric Vehicle Type
    - 7.3.4.2.3. By Chassis Type
    - 7.3.4.2.4. By Material
- 7.3.5. Spain Automotive Chassis Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Vehicle Type
    - 7.3.5.2.2. By Electric Vehicle Type
    - 7.3.5.2.3. By Chassis Type
    - 7.3.5.2.4. By Material

8. Asia Pacific Automotive Chassis Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Vehicle Type
- 8.2.2. By Electric Vehicle Type
- 8.2.3. By Chassis Type
- 8.2.4. By Material
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Automotive Chassis Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Vehicle Type
    - 8.3.1.2.2. By Electric Vehicle Type
    - 8.3.1.2.3. By Chassis Type
    - 8.3.1.2.4. By Material
- 8.3.2. India Automotive Chassis Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Vehicle Type
    - 8.3.2.2.2. By Electric Vehicle Type
    - 8.3.2.2.3. By Chassis Type
    - 8.3.2.2.4. By Material
- 8.3.3. Japan Automotive Chassis Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Vehicle Type
    - 8.3.3.2.2. By Electric Vehicle Type
    - 8.3.3.2.3. By Chassis Type
    - 8.3.3.2.4. By Material
- 8.3.4. South Korea Automotive Chassis Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Vehicle Type
    - 8.3.4.2.2. By Electric Vehicle Type
    - 8.3.4.2.3. By Chassis Type
    - 8.3.4.2.4. By Material
- 8.3.5. Australia Automotive Chassis Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Vehicle Type
    - 8.3.5.2.2. By Electric Vehicle Type
    - 8.3.5.2.3. By Chassis Type
    - 8.3.5.2.4. By Material

9. Middle East & Africa Automotive Chassis Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Vehicle Type
- 9.2.2. By Electric Vehicle Type
- 9.2.3. By Chassis Type
- 9.2.4. By Material
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Automotive Chassis Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Vehicle Type
    - 9.3.1.2.2. By Electric Vehicle Type
    - 9.3.1.2.3. By Chassis Type
    - 9.3.1.2.4. By Material
- 9.3.2. UAE Automotive Chassis Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Vehicle Type
    - 9.3.2.2.2. By Electric Vehicle Type
    - 9.3.2.2.3. By Chassis Type
    - 9.3.2.2.4. By Material
- 9.3.3. South Africa Automotive Chassis Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Vehicle Type
    - 9.3.3.2.2. By Electric Vehicle Type
    - 9.3.3.2.3. By Chassis Type
    - 9.3.3.2.4. By Material

10. South America Automotive Chassis Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Vehicle Type
- 10.2.2. By Electric Vehicle Type
- 10.2.3. By Chassis Type
- 10.2.4. By Material
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Automotive Chassis Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Vehicle Type
    - 10.3.1.2.2. By Electric Vehicle Type
    - 10.3.1.2.3. By Chassis Type
    - 10.3.1.2.4. By Material
- 10.3.2. Colombia Automotive Chassis Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Vehicle Type
    - 10.3.2.2.2. By Electric Vehicle Type
    - 10.3.2.2.3. By Chassis Type
    - 10.3.2.2.4. By Material
- 10.3.3. Argentina Automotive Chassis Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Vehicle Type
    - 10.3.3.2.2. By Electric Vehicle Type
    - 10.3.3.2.3. By Chassis Type
    - 10.3.3.2.4. By Material

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Automotive Chassis Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Robert Bosch GmbH
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. ZF Friedrichshafen AG
15.3. Continental AG
15.4. Magna International Inc
15.5. Aisin Seiki Co., Ltd.
15.6. Hyundai Mobis Co., Ltd.
15.7. Benteler International AG
15.8. Gestamp Automocion S.A.
15.9. Schaeffler AG
15.10. Tower International, Inc.