NEW YORK, Nov. 26, 2023 /PRNewswire/ — The automotive carbon monocoque chassis market is estimated to grow by USD 248 million from 2022 to 2027, growing at a CAGR of 6.57%. The automotive carbon monocoque chassis market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive carbon monocoque chassis market are Bayerische Motoren Werke AG, Dallara Group Srl, Dr. Ing. h.c. F. Porsche AG, Ferrari NV, Horacio Pagani S p A, Koenigsegg Automotive AB, Magna International Inc., McLaren Group Ltd., Muhr und Bender KG, Multimatic Inc., Rimac Automobili, RUF Automobile GmbH, SGL Carbon SE, Toyota Motor Corp., and ZF Friedrichshafen AG. The report provides a full list of key companies, their strategies, and the latest developments. Download Free Sample before buying
Company Offering:
- Dallara Group Srl: The company offers automotive carbon monocoque chassis for sports cars using carbon composite materials.
- Ferrari NV: The company offers automotive carbon monocoque chassis which is lighter than metal, while its resistance to heat, fatigue, and chemical reactions is very strong.
- Horacio Pagani S p A: The company offers automotive carbon monocoque chassis equipped with six-point safety belts and covered in Nomex flame retardant material.
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By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America will have the largest share of the market.
- North America accounts for 42% of the growth of the global market during the forecast period. The high market sales of sports and super sports cars in the US fuel the growth of the automotive carbon monocoque chassis market in North America. In addition, factors including the strong presence of motor racing events such as the Indianapolis 500, NASCAR racing, Formula 1 races, numerous deserts, and street racing events are driving the market growth in North America during the forecast period.
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- Impactful driver- Joint collaborations between various stakeholders
- Key Trend – Increasing penetration rate in automotive applications, chassis, and body panels
- Major Challenges – Issues in scaling up production
Market Segmentation
- The market share growth of the ICE segment is significant during the forecast period. There has been an increasing use of the carbon monocoque chassis in ICE vehicles since 1981, particularly in racing cars. In addition, there is a growing adoption of fiber materials in hoods, tailgates, axles, and braking systems, among others which has minimized the cost of carbon fiber materials, fuelling its adoption in the monocoque chassis market. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
Technavio Research experts have provided more insights on the market share of segments – View the Free Sample Report
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Automotive Carbon Monocoque Chassis Market Scope |
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Report Coverage |
Details |
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Historic period |
2017-2021 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.57% |
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YoY growth 2022-2023 (%) |
5.01 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Key countries |
US, Japan, China, Germany, and Italy |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About US
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SOURCE Technavio
