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Automotive Chassis Systems Market: Quantitative Market Analysis, Current and Future Trends

Transparency Market Research (TMR) has recently published a research study on the global automotive chassis systems market, estimating the market to expand at a CAGR of 4.10% during the period from 2015 to 2021 and reach a market value of US$86.4 bn by the end of the forecast period.The research report, titled “Automotive Chassis Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, states that the global market for automotive chassis systems stood at US$65.5 bn in 2014. According to the report, the global automotive chassis market is analyzed on the basis of components, types of systems, and vehicles. Suspension ball joints, tie-rods, cross-axis joints, control arms, stabilizer links, and knuckles and hubs are the key components of automotive chassis systems. Corner module systems, rear axle systems, front axle systems, and active kinematics control systems are the major automotive chassis systems available in the market.Passen...