Automotive Crankshaft Market Regional Analysis:
The market in Asia Pacific is set to dominate largest revenue share by the end of 2034, backed by rise of disposable income that is enhancing the purchasing power of Asian consumers. In 2021, the per capita disposable income of Chinese citizens peaked at USD 5,200, an increase of 9% over 2020. Moreover, the growing car market in developing countries, rapid urbanization, and government initiatives encouraging industrialization will boost the regional market size. It was observed that India's passenger car market was valued at USD 32 billion in 2021, and it is projected to reach USD 54 billion by 2027, growing at more than 8.8% between 2022 and 2027.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of automotive crankshaft is estimated at USD 7.86 billion.
Automotive Crankshaft Market size was valued at USD 7.61 billion in 2024 and is set to exceed USD 11.05 billion by 2034, expanding at over 3.8% CAGR during the forecast period i.e., between 2025-2034.
Asia Pacific is anticipated to hold largest industry share by 2034.
The key market players 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
