Description:
Automotive manufacturers are increasing their research and development activities to develop cost-effective and light-weight automotive chassis. This is one of the primary factors driving the global automotive chassis market. As per the report, the global automotive chassis market for passenger cars was at 71.6 Million units in the year 2018 and is anticipated to exhibit a healthy CAGR of 9.7% through the forecast years. Introduction of stringent emissions norms has compelled chassis manufacturers and OEM’s to make light-weight chassis, transitioning the entire chassis design from heavy iron chassis to light-weight structure. – PowerPoint PPT presentation