CHASSIS SYSTEMS GAINING TECHNOLOGICAL ADVANCEMENTS; PLAYING ACTIVELY IN SAFETY
Auto Tech Review|May 2020
Any vehicle, be it two, three or four-wheelers, or for that matter even an off-highway vehicle or farm equipment all require certain basic components to function. The driveline is what makes a vehicle move and stop, the bodywork, exteriors, interiors, electronics and safety systems provide functionalities of their own. However, all these parts and components need to be placed on a frame or require to be held together strongly, for which the chassis is the base. There may be multiple types of chassis, such as ladder-on-frame, monocoque, space or hybrid, but they all perform the same role of providing the platform for all other components of a vehicle to be assembled on.
Naveen Arul
CHASSIS SYSTEMS GAINING TECHNOLOGICAL ADVANCEMENTS; PLAYING ACTIVELY IN SAFETY

According to a report released by Inkwood Research, the automotive chassis systems market is expected to register CAGR of 4.60 % over the 2019-2027 period and is expected to reach a revenue of $ 114.575 bn by 2027. The research firm said the global automotive chassis systems market is driven by advancements in technology, growth in demand for low-emission automobiles, increasing demand for vehicles and financial flexibility for automobile purchase. The report also revealed that control arms are the majorly-used components of the automotive chassis system, with active kinematics control emerging as the fastest-growing chassis system.

The growth in demand for low-emission automobiles is considered the primary driver for the growth of the global automotive chassis systems market, since emissions and fuel consumption of a vehicle are directly proportional to the vehicle weight, noted Inkwood Research. The production of vehicles with lightweight chassis systems is expected to reduce vehicle weight, which has prompted various automotive design and engineering companies to line up plans to manufacture lighter and sturdy chassis. On the flip side, the market growth of this segment is restricted by the cost of these systems, with suppliers coming under high pressure to maintain costs, while maintaining the quality of these materials to meet stringent quality control, the report noted.

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この記事は Auto Tech Review の May 2020 版に掲載されています。

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