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Automotive Chassis Systems Market | Global Industry Growth Analysis 2019-2027

The automotive chassis systems market is expected to register CAGR of 4.60% during the forecast period, and will reach revenue of $114575 million by 2027

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Automotive Chassis Systems Market | Global Industry Growth Analysis 2019-2027

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  1. Automotive Chassis Systems Market 2019-2027

  2. The global automotive chassis systems market is estimated to register a CAGR of 4.60% during the forecast period. The infrastructural developments, technological advancements, increased demands for low-emission vehicles, and rising demands for automobiles, are the factors propelling the growth of the market.

  3. There is an increase in the demand and production of automobiles which is propelling the automotive chassis systems market growth. • The increasing adoption of electric vehicles due to stringent regulations by the governments with regards to emissions, is estimated to result in growth opportunities for the market. • The chassis used in electric vehicle differ from that of the motor powered vehicle. • The increase in the production of lightweight automotive chassis systems due to the rising demands of fuel-efficient vehicles is expected to result in ample opportunities for the growth of the market. • Geopolitical turmoil and cost-related pressure from the consumer end pose as threats to the growth of the market.

  4. “Global Automotive Chassis Systems Market is estimated to register a CAGR of 4.60% during the forecast period.” https://www.inkwoodresearch.com/reports/automotive-chassis-systems-market/

  5. The North America automotive chassis systems market is estimated to record a CAGR of 2.68% during the forecast period.

  6. The Europe automotive chassis systems market is estimated to grow at a CAGR of 4.12% during the forecast period.

  7. The Asia Pacific automotive chassis systems market is expected to register a CAGR of 5.02% during the forecasted period, 2019-2027.

  8. The major companies in the region are ZF Friedrichshafen Ag, Continental Ag, Hyundai Mobis Co. Ltd., Schaeffler Ag, Magna International Inc., GestampAutomoción S.A., Tower International, Inc., etc.

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