Automotive Crankshaft Market Analysis

  • Report ID: 349
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Automotive Crankshaft Market Analysis

Vehicle Type (Commercial Vehicles, Luxury vehicles, Passenger vehicles, Multi Utility Vehicles)

The global automotive crankshaft market is segmented and analyzed for demand and supply by vehicle type into commercial vehicles, luxury vehicles, passenger vehicles, multi utility vehicles, and others. Among these segments, the passenger vehicles segment is anticipated to capture the largest market size in the global automotive crankshaft market owing to the increasing exports of passenger vehicles worldwide. It was observed that passenger vehicle exports increased from 403,390 to 570,870 between April 2021 and March 2022. Furthermore, the increasing demand for passenger cars across developing nations such as China and India, and the increasing purchasing power of middle-class families are anticipated to augment segment growth over the forecast period.

Our in-depth analysis of the global automotive crankshaft market includes the following segments:

 

          By Vehicle Type

  • Commercial Vehicles
  • Luxury vehicles
  • Passenger vehicles
  • Multi Utility Vehicles
  • Others

           By Type

  • Flat plane
  • Cross plane

 

           By Crankshaft Material

  • Cast Iron
  • Forged Steel
  • Carbon Steel Alloys
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Saima Khursheed


  • Report ID: 349
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive crankshaft is assessed at USD 2.19 billion.

The automotive crankshaft market size was over USD 2.14 billion in 2024 and is anticipated to cross USD 3.22 billion by 2037, growing at more than 3.2% CAGR during the forecast period i.e., between 2025-2037. Increasing production of passenger and luxury cars, rapid growth in automobile industry along with surge in exports of crankshaft worldwide will drive the market growth.

Asia Pacific industry is expected to dominate majority revenue share of 40% by 2037, backed by rise of disposable income that is enhancing the purchasing power of Asian consumers.

The major players in the market include Thyssenkrupp Crankshaft Company LLC, NSI Crankshaft, Bryant Racing Inc., Arrow Precision, Maschinenfabrik ALFING KESSLER GmBH, Ciguenales Sanz SL, Tianrun Crankshaft co. ltd., Mahindra CIE Automotive, NSI Crankshaft
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