Passenger Car Intelligent Chassis And Chassis Domain Controller Market Research, 2033
The global passenger car intelligent chassis and chassis domain controller market size was valued at $2.5 billion in 2023, and is projected to reach $8.9 billion by 2033, growing at a CAGR of 13.9% from 2024 to 2033.
Market Introduction and Definition
Passenger car intelligent chassis and chassis domain controller refer to the advanced systems installed in passenger vehicles to enhance vehicle dynamics, safety, and performance. These systems utilize a combination of sensors, actuators, electronic control units (ECUs) , and software algorithms to monitor and control various aspects of the vehicle's chassis, including suspension, steering, braking, and stability. They enable features such as adaptive cruise control, lane departure warning, collision avoidance, and automatic parking assistance, enhancing overall driving experience and safety.
The domain controller acts as the central processing unit, coordinating inputs from various sensors and executing control strategies to optimize vehicle behavior in real-time. These technologies play a crucial role in modern automotive design, offering improved comfort, convenience, and safety for passengers while driving.
Key Takeaways
The passenger car intelligent chassis and chassis domain controller market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major passenger car intelligent chassis and chassis domain controller industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Recent Key Strategies and Developments
In January 2024, ZF Friedrichshafen AG introduced its latest high-performance computing platform, the Vehicle Motion Domain (VMD) Controller. This central computer is adaptable for all chassis platforms, vehicle motion and body functions, next-generation software-defined cars, and future domain and zone E/E architectures. The VMD Controller plays a crucial role in defining a car's ride and handling characteristics through its integration with wheel guidance, damping, suspension, steering, and brakes. The trend towards the electrification and software control of these systems is rapidly accelerating.
In December 2023, NXP Semiconductors and Hon Hai Technology Group (Foxconn) inaugurated a joint laboratory at the Foxconn Nankan Facility in Taiwan, marking a significant step in their strategic collaboration for software-defined electric vehicle development. The lab's objective is to expedite Foxconn's initiatives in software-defined electric vehicles, utilizing NXP's extensive electrification portfolio and cross-vehicle system solutions. These solutions, employing the S32G and S32K3 families for domain and zonal controllers, target service-oriented gateways, vehicle networking, and safe vehicle control.
Key Market Dynamics
The global passenger car intelligent chassis and chassis domain controller industry is witnessing growth due to several factors such as stringent safety regulations mandating the integration of advanced driver assistance systems (ADAS) , increased consumer demand for vehicles equipped with advanced safety and convenience features and technological advancements. However, the high cost associated with the development and integration of intelligent chassis and domain controller systems and complexity and integration challenges hinder the market passenger car intelligent chassis and chassis domain controller market growth.
In addition, rapid urbanization and traffic congestion and rise in adoption of electric vehicles are expected to provide ample opportunities for the market's development during the forecast period. The passenger car intelligent chassis and chassis domain controller market size is expanding rapidly due to increasing demand for advanced vehicle safety and performance features.
The increasing emphasis on advanced driver assistance systems (ADAS) and the movement toward partially and completely autonomous cars are major factors propelling this market. The need for sophisticated chassis domain controllers and intelligent chassis systems has increased as the automotive industry moves closer to autonomous driving. Steering, braking, and suspension systems are just a few of the chassis' parts that must work in unison for advanced driver assistance features such as adaptive cruise control, automated emergency braking, and lane departure warning.
Intelligent chassis systems, powered by advanced sensors, actuators, and electronic control units, enable real-time monitoring and adjustment of these critical components, ensuring optimal vehicle stability, handling, and responsiveness, even in complex driving scenarios. These systems can adapt to changing road conditions, traffic patterns, and driver inputs, providing a safer and more comfortable driving experience.
Moreover, the pursuit of higher levels of autonomous driving, such as Level 3 (conditional automation) and Level 4 (high automation) , necessitates the integration of highly sophisticated chassis domain controllers. These controllers act as the basis, processing vast amounts of data from multiple sensors and coordinating the actions of various actuators and subsystems to achieve seamless and safe autonomous operation.
These technologies play a crucial role in ensuring that autonomous vehicles can navigate complex environments, make split-second decisions, and respond to unpredictable situations with precision and safety.
As consumer demand for advanced safety features and the desire for autonomous driving capabilities continue to grow, automakers are actively investing in the development and integration of intelligent chassis solutions and chassis domain controllers. This, in turn, is driving the growth of this market segment, as manufacturers strive to meet the evolving needs of consumers and stay ahead of the competition in the rapidly advancing automotive technology landscape.
Market Segmentation
The passenger car intelligent chassis and chassis domain controller market is segmented into vehicle type, vehicle propulsion, chassis type, and region. On the basis of vehicle type, the market is divided into sedans, SUVs, hatchbacks, and others. As per vehicle propulsion, the market is segregated into internal combustion engines, battery electric vehicles, hybrid electric vehicles, and others. On the basis of chassis type, the market is divided into front-wheel drive, rear-wheel drive, all-wheel drive, and four-wheel drive. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Regional/Country Market Outlook
There are several significant trends and factors propelling the growth of the passenger car intelligent chassis and chassis domain controller market in the Asia-Pacific region. The automobile industry's explosive growth in developing nations such as China and India is a major?trend. These countries are experiencing a surge in vehicle production and sales, fueled by rising disposable incomes, urbanization, and improving infrastructure. As a result, there is an increasing demand for advanced vehicle technologies, including intelligent chassis systems and domain controllers, to enhance vehicle performance, safety, and comfort.
Moreover, favorable government policies supporting automotive innovation and safety are expected to positively influence the passenger car intelligent chassis and chassis domain controller market forecast. Stringent government regulations aimed at improving vehicle safety and reducing emissions are pushing automakers to integrate intelligent chassis solutions into their vehicles. These regulations mandate the inclusion of advanced driver assistance systems (ADAS) and other safety features, which rely on sophisticated chassis control systems for optimal functionality. As automakers strive to comply with these regulations, the adoption of intelligent chassis technologies is expected to escalate further across the region.
Furthermore, the Asia-Pacific region is witnessing a growing focus on electric and hybrid vehicles as countries aim to reduce their dependence on fossil fuels and curb environmental pollution. Electric vehicles (EVs) and hybrid electric vehicles (HEVs) require advanced chassis systems to manage power distribution, regenerative braking, and other functions unique to electrified powertrains. Consequently, the demand for intelligent chassis and domain controllers is projected to increase significantly with the growing popularity of electric and hybrid vehicles in the region.
In addition, technological advancements and innovations in automotive manufacturing are driving the development of more sophisticated chassis control systems. These advancements include the integration of artificial intelligence (AI) , machine learning, and predictive analytics into chassis domain controllers, enabling real-time optimization of vehicle dynamics and performance. As automotive OEMs and suppliers invest in research and development to stay competitive in the rapidly evolving automotive landscape, the Asia-Pacific region is emerging as a key hub for innovation in intelligent chassis technologies. Moreover, there is a substantial passenger car intelligent chassis and chassis domain controller market opportunity in emerging economies with growing automotive industries.
In April 2024, Shanghai Matrix Driving (MXD) and Modern Auto established a significant partnership in chassis domain controllers. MXD stated that this collaboration is expected to enhance resource integration between the two companies, offering Modern Auto's next-generation models more advanced and intelligent chassis domain control solutions.
In December 2023, CATL announced that its CIIC (CATL Integrated Intelligent Chassis) skateboard platform successfully completed testing in China, achieving impressive performance metrics including a 1, 000 km range, consumption of 10.5 kWh/100km, and the ability to charge 300 km in just 5 minutes. The CIIC integrates high-voltage and low-voltage systems, steering and braking systems, and chassis domain controllers, utilizing CTC (cell-to-chassis) technology. Mass production of the first electric vehicle (EV) equipped with CIIC is set to commence in the third quarter of next year.
Competitive Landscape
The major players operating in the passenger car intelligent chassis and chassis domain controller market include STMicrocontrollers, Visteon Corporation, Infineon Technologies, Robert Bosch GmbH, Aptiv PLC, Renesas, Texas Instruments, Panasonic Corporation, NXP Semiconductors, ZF Friedrichshafen AG and Continental AG. Other players in passenger car intelligent chassis and chassis domain controller market include Monolithic Power Systems, Valeo and so on. Leading automotive manufacturers are competing to increase their passenger car intelligent chassis and chassis domain controller market share through innovation and strategic partnerships.???????
Industry Trends
In April 2023, TuSimple, a major player in autonomous driving technology, introduced its proprietary high-performance central compute unit, the TuSimple Domain Controller (TDC) . The TDC will act as the central computational unit for autonomous trucks, integrating sensor inputs, high-performance computing, an integrated vehicle control unit (VCU) , and autonomous software to facilitate advanced autonomous driving solutions.
Key Sources Referred
European Automobile Manufacturers Association (ACEA)
Institute of Electrical and Electronics Engineers (IEEE)
Society of Automotive Engineers (SAE)
International Organization of Motor Vehicle Manufacturers (OICA)
Automotive Aftermarket Suppliers Association (AASA)
European Automobile Manufacturers Association (ACEA)
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the passenger car intelligent chassis and chassis domain controller market analysis from 2024 to 2033 to identify the prevailing passenger car intelligent chassis and chassis domain controller market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the passenger car intelligent chassis and chassis domain controller market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global passenger car intelligent chassis and chassis domain controller market trends, key players, market segments, application areas, and market growth strategies.
Passenger Car Intelligent Chassis and Chassis Domain Controller Market Report Highlights
Aspects | Details |
Market Size By 2033 | USD 8.9 Billion |
Growth Rate | CAGR of 13.9% |
Forecast period | 2024 - 2033 |
Report Pages | 340 |
By Vehicle Type |
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By Vehicle Propulsion |
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By Chassis Type |
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By Region |
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Key Market Players | Visteon Corporation , ZF Friedrichshafen AG , STMicrocontrollers , Continental AG , Renesas , Infineon Technologies , NXP Semiconductors , Panasonic Corporation , Robert Bosch GmbH , Aptiv PLC , Texas Instruments |
Rapid urbanization and traffic congestion and rise in adoption of electric vehicles are the upcoming trends of Passenger Car Intelligent Chassis and Chassis Domain Controller Market in the globe
The major players operating in the passenger car intelligent chassis and chassis domain controller market include STMicrocontrollers, Visteon Corporation, Infineon Technologies, Robert Bosch GmbH, Aptiv PLC, Renesas, Texas Instruments, Panasonic Corporation, NXP Semiconductors, ZF Friedrichshafen AG and Continental AG.
Asia-Pacific is the largest regional market for Passenger Car Intelligent Chassis and Chassis Domain Controller
The global passenger car intelligent chassis and chassis domain controller market was valued at $2.5 billion in 2023, and is projected to reach $8.9 Billion by 2033, growing at a CAGR of 13.9% from 2024 to 2033.
SUVs is the leading application of Passenger Car Intelligent Chassis and Chassis Domain Controller Market
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