Monocoque Chassis Market is segmented by Application (ICE vehicles, Electric vehicles), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)
Monocoque Chassis Market Growth and Trends
The Global Monocoquechassis marketis poised to grow largely by numerous units during the period 2020-2024 while progressing at a compound annual growth rate of 2% during this forecast period. 2016 was the base year for this market and during this time its market had been sized at USD 48.37 Billion with a compound annual growth rate of 5.59% and is anticipated to escalate steadily throughout the upcoming years.
Monocoque Chassis Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Several factors driving the growth of this market include:
• The Rising production and increasing sales of luxury modes of transportation like passenger vehicles, taxis, commercial vehicles, loading and unloading trucks, movers, pickup trucks and heavy commercial vehicles that are highly drivingthe demand for automotive monocoque chassis.
• Rising investments deposited by multi-national companies as a result of the rising disposable income in emerging economies across the globeresulting in the increasing purchase of sports cars by consumers living with the trends which will gradually increase the demand for the automotive monocoque chassis market
• Ensure efficiency in outcomes and meeting the preferences of consumers which makes the market even diverse
• The rising adoption of electric and hybrid cars across the globe by consumers looking for better ways to replace the conventional, manual vehicles which deprives them of things like the ability to multi-task
• Technological advancements in the system with consumers seeking for better options thus, increasing the drive for the market furthermore with new modes of technology to suit the 21st century commuters as well
• The stringent governmental regulations on rising passenger safety and the need to promote sustainability in the environment with zero carbon emissions. The chassis body ensures the strength of any vehicles in which chassis are incorporated
• Easier and use-friendly in terms of handling thus, making it ideally reliable for end-users utilizing the market while ensuring flexibility and comfort of any passengers or the people on board which makes it very effective at functions.
• Has light-weight properties which further makes handling and maintenance facilitated while propelling the market and providing vehicles in the transportation sector with proper performance orientation
Some challenges faced by the market includes:
• Sudden fluctuations in the prices of raw materials thus, making affordability difficult with urbanization to poorly developed regions
• The level of rigidity is higher in comparison with its alternatives like BOF at dealing with situations where there are too many vertical roads or bumps, making it inefficient at performance
• Arising alternatives like BOF that has the ability to tackle circumstances where the roading structure isn’t ideal which is not possible by monocoque chassis thus, bringing a lag in its functional ability
• High costs of repairing in comparison to its alternatives which drives majority of the consumers away from the monocoque chassis, largely declining its growth.
Monocoque Chassis Industry Regional Analysis
Monocoque Chassis Market Research Report Scope/Definition
For the purpose of this market research report, a monocoque chassis is defined as a structure that integrates the chassis and the body together to create a composite structure that is stiffer and weighs less. The monocoque chassis structure in vehicles ensures the vehicle stress during motion is conveniently distributed within the structure and eliminates localized stress, which causes deformation. This chassis is produced in single frames hence no joints. This design ensures monocoque chassis are safer compared to other structures. Monocoque chassis guarantee crash protection because they use a lot of metal; they ensure space efficiency since the entire structure is, in fact, an outer shell. When compared to other kinds of chassis, the monocoque chassis has no large transmission tunnel, high door sills, or large rollover bars. The increased production and sale of luxury, passenger vehicles, light commercial vehicles such as pickup trucks and heavy commercial vehicles is ensuring that the market for monocoque chassis is high globally.
Monocoque Chassis Market Share and Competition
Key companies operating in this industry are: Audi AG, CarboTech AC GmbH, Daimler AG,, Dallara Group Srl, , Koenigsegg Automotive AB, McLaren Group Ltd., Multimatic Inc., , Porsche AG, Toyota Motor Corporation, and Williams Advanced Engineering Ltd
Monocoque Chassis Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Application Analysis (Revenue, USD Million, 2022 - 2031)
• ICE vehicles
• Electric vehicles
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Monocoque Chassis Industry Companies
• Audi AG
• CarboTech AC GmbH
• Daimler AG
• Dallara Group Srl
• Koenigsegg Automotive AB
• McLaren Group Ltd.
• Multimatic Inc.
• Porsche AG
• Toyota Motor Corporation
• Williams Advanced Engineering Ltd
Available Versions of Monocoque Chassis Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
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