The "Automotive Chassis and Powertrain Components Market - A Global and Regional Analysis: Focus on Market by Applications, Products, and Country Level Analysis - Analysis and Forecast, 2025-2035" report has been added to ResearchAndMarkets.com's offering.
The Global Automotive Chassis and Powertrain Components Market is undergoing a transformation, driven by the shift towards electric vehicles (EVs), lightweighting strategies, and advanced driver assistance systems (ADAS). The chassis and powertrain are fundamental to vehicle performance, efficiency, and safety, making them key focus areas for automakers, suppliers, and technology companies.
In 2024, the market is led by internal combustion engine (ICE) vehicles, but there is a significant push towards electrification. The integration of lightweight materials, smart suspension systems, and battery advancements is reshaping the industry. Major automotive OEMs are investing in modular chassis architectures, allowing flexibility between ICE and EV platforms.
By 2035, the market is expected to be dominated by EV-centric chassis and powertrain components. The rise of battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell powertrains will drive innovation in lightweight materials, autonomous-ready chassis, and electric powertrains. Additionally, hydro-forming, laser cutting, and AI-powered manufacturing will enhance component efficiency.
Leading Region: Asia-Pacific
Asia-Pacific, particularly China, Japan, and India, is expected to lead the market due to:
- High automotive production and EV adoption rates in China.
- Strong supply chain ecosystem for chassis and powertrain components.
- Government incentives promoting EV development and local manufacturing.
North America and Europe follow closely, driven by stringent emission regulations (Euro 6, CAFE standards) and the transition towards electrification and autonomous vehicle technologies. The U.S. and Germany remain key hubs for automotive innovation and R&D.
Segmentation Analysis
By Vehicle Type
- Passenger Vehicles (Leading): Accounts for the majority of sales due to high consumer demand.
-
Commercial Vehicles:
- Light Commercial Vehicles: Driven by logistics and last-mile delivery growth.
- Heavy Trucks & Buses: Increasing investment in electric and hydrogen fuel cell trucks.
By Propulsion Type
- Internal Combustion Engine (ICE) Vehicles: Still significant but declining due to electrification.
-
Electric Vehicles (Leading):
- Hybrid Electric Vehicles (HEV): A transition technology.
- Plug-In Hybrid Electric Vehicles (PHEV): Growing adoption in developed markets.
- Battery Electric Vehicles (BEV): Expected to dominate by 2035.
By Component Type
-
Chassis Components:
- Frame and Body Structure
- Suspension System (Leading): Integration of smart suspensions for autonomous and luxury vehicles.
- Axles and Wheel Assembly
- Braking Systems
- Steering Systems
- Exhaust Systems (Declining due to EV adoption).
-
Powertrain Components:
- Engine (Declining due to EV transition).
- Transmission: Automatic transmission leading in EVs and high-performance vehicles.
- Battery Systems (for Electric Vehicles) (Leading): Core driver of electrification growth.
- Control Modules: Essential for smart powertrain management.
By Material Type
- Metals (Leading): Dominant in chassis and powertrain applications.
- Composites: Increasing use in lightweighting for EVs.
- Plastics and Polymers: Gaining adoption for cost and weight reduction.
By Chassis Type
- Monocoque Chassis (Leading): Used in passenger and luxury vehicles for safety and weight efficiency.
- Ladder Chassis: Preferred in trucks and SUVs.
- Modular Chassis: Gaining traction for platform flexibility.
By Sales Channel
- OEM (Original Equipment Manufacturer) (Leading): Dominates due to direct integration into new vehicle production.
- Aftermarket: Significant in chassis replacements and performance upgrades.
Trend in the Market: Lightweighting Techniques in Powertrain and Chassis Components
To improve fuel efficiency and EV range, automakers are integrating lightweight materials such as high-strength aluminum, carbon fiber composites, and thermoplastics. These materials reduce vehicle weight while maintaining structural integrity, leading to improved performance, safety, and sustainability.
Driver in the Market: Advancements in Battery Technology for EV Powertrains
The evolution of lithium-ion and solid-state batteries is revolutionizing the automotive powertrain landscape. Higher energy density, faster charging, and lower costs are making EV adoption mainstream. Automakers are investing in next-generation battery technologies to enhance range, efficiency, and lifecycle performance.
Restraint in the Market: High Costs of Electrification and Advanced Chassis Components
The cost of battery packs, smart chassis components, and ADAS integration remains high, limiting affordability in price-sensitive markets. Additionally, supply chain constraints for critical raw materials (lithium, rare earth metals) add financial pressure to automakers transitioning towards EVs and smart chassis solutions.
Opportunity in the Market: Autonomous and Semi-Autonomous Chassis Components
The rise of self-driving and connected vehicles is driving demand for intelligent chassis components. Smart suspensions, steer-by-wire systems, and AI-driven vehicle dynamics are becoming essential for automated driving, ride comfort, and safety enhancements. Automakers investing in autonomous-ready chassis solutions will gain a competitive edge in the future mobility ecosystem.
Key Market Players and Competition Synopsis
- Magna International Inc.
- ZF Friedrichshafen AG
- Continental AG
- AISIN CORPORATION
- DENSO CORPORATION
- HYUNDAI MOBIS
- Hitachi Astemo, Ltd.
- BorgWarner Inc.
- Schaeffler AG
- Hofer Powertrain
- American Axle & Manufacturing, Inc.
- Marelli Holdings Co., Ltd.
- Dana Limited
- JTEKT Corporation
- MAHLE
Key Topics Covered
1. Markets: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Autonomous and Semi-Autonomous Chassis Components
1.1.2 Advanced Driver Assistance Systems (ADAS) Integration
1.1.3 Lightweighting Techniques in Powertrain and Chassis Components
1.1.4 Advancements in Battery Technology for EV Powertrains
1.1.5 Smart Suspension Systems for Enhanced Ride Quality
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast
1.3 R&D Review
1.3.1 Patent Filing Trend by Country, by Company
1.4 Regulatory Landscape
1.4.1 Emission Standards (Euro 6, CAFE Standards)
1.4.2 Safety Regulations for Automotive Components
1.4.3 Environmental Regulations Impacting Materials Used
1.5 Stakeholder Analysis
1.5.1 Use Case
1.5.2 End User and Buying Criteria
1.6 Impact Analysis for Key Global Events
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.2 Market Restraints
1.7.3 Market Opportunities
2. Automotive Chassis and Powertrain Components Market (by Application)
2.1 Application Segmentation
2.2 Application Summary
2.3 Automotive Chassis and Powertrain Components Market (by Vehicle Type)
2.3.1 Passenger Vehicles
2.3.2 Commercial Vehicles
2.3.2.1 Light Commercial Vehicles
2.3.2.2 Heavy Trucks and Buses
2.4 Automotive Chassis and Powertrain Components Market (by Propulsion Type)
2.4.1 Internal Combustion Engine (ICE) Vehicles
2.4.2 Electric Vehicles
2.4.2.1 Hybrid Electric Vehicles (HEV)
2.4.2.2 Plug-In Hybrid Electric Vehicles (PHEV)
2.4.2.3 Battery Electric Vehicles (BEV)
3. Automotive Chassis and Powertrain Components Market (by Product)
3.1 Product Segmentation
3.2 Product Summary
3.3 Automotive Chassis and Powertrain Components Market (by Component Type)
3.3.1 Chassis Components
3.3.1.1 Frame and Body Structure
3.3.1.2 Suspension System
3.3.1.3 Axles and Wheel Assembly
3.3.1.4 Braking Systems
3.3.1.5 Steering Systems
3.3.1.6 Exhaust Systems
3.3.1.7 Others
3.3.2 Powertrain Components
3.3.2.1 Engine
3.3.2.2 Transmission
3.3.2.3 Driveshafts
3.3.2.4 Differential
3.3.2.5 Battery Systems (for Electric Vehicles)
3.3.2.6 Control Modules
3.3.2.7 Others
3.4 Automotive Chassis and Powertrain Components Market (by Material Type)
3.4.1 Metals
3.4.2 Composites
3.4.3 Plastics and Polymers
3.4.4 Others
3.5 Automotive Chassis Components Market (by Chassis Type)
3.5.1 Backbone Chassis
3.5.2 Ladder Chassis
3.5.3 Modular Chassis
3.5.4 Monocoque Chassis
3.5.5 Others
3.6 Automotive Chassis Components Market (by Chassis Manufacturing Process)
3.6.1 Hydro-Forming
3.6.2 Stamping
3.6.3 Laser Cutting
3.6.4 Welding
3.6.5 Others
3.7 Automotive Powertrain Components Market (by Powertrain Transmission Type)
3.7.1 Manual Transmission
3.7.2 Automatic Transmission
3.7.3 Others
3.8 Automotive Chassis and Powertrain Components Market (by Sales Channel)
3.8.1 OEM (Original Equipment Manufacturer)
3.8.2 Aftermarket
4. Automotive Chassis and Powertrain Components Market (by Region)
4.1 Automotive Chassis and Powertrain Components Market (by Region)
4.2 North America
4.3 Europe
4.4 Asia-Pacific
4.5 Rest-of-the-World
5. Companies Profiled
5.1 Next Frontiers
5.2 Geographic Assessment
5.3 Company Profiles
5.3.1 Magna International Inc.
5.3.1.1 Overview
5.3.1.2 Top Products/Product Portfolio
5.3.1.3 Top Competitors
5.3.1.4 Target Customers
5.3.1.5 Key Personnel
5.3.1.6 Analyst View
5.3.1.7 Market Share
5.3.2 ZF Friedrichshafen AG
5.3.3 Continental AG
5.3.4 AISIN CORPORATION
5.3.5 DENSO CORPORATION
5.3.6 HYUNDAI MOBIS
5.3.7 Hitachi Astemo, Ltd.
5.3.8 BorgWarner Inc.
5.3.9 Schaeffler AG
5.3.10 Hofer Powertrain
5.3.11 American Axle & Manufacturing, Inc.
5.3.12 Marelli Holdings Co., Ltd.
5.3.13 Dana Limited
5.3.14 JTEKT Corporation
5.3.15 MAHLE
5.3.16 Other Key Players
6. Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/uqkdy3
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