Global Automotive Crankshaft Market Overview And Prospects – Includes Automotive Crankshaft Market Demand
Learn about the global automotive crankshaft market through The Business Research Company, which provides information on automotive crankshaft market size, automotive crankshaft market drivers and restraints, automotive crankshaft market players, the COVID-19 impact on the automotive crankshaft market, and more.
The global automotive crankshaft market size is expected to grow from $4.17 billion in 2021 to $4.40 billion in 2022 at a compound annual growth rate (CAGR) of 5.6%. The global automotive crankshafts market is expected to grow to $4.90 billion in 2026 at a CAGR of 2.8%.
The adoption of new emission standards is significantly contributing to the growth of the automotive crankshaft market.
The automotive crankshaft market consists of the sales of automotive crankshafts by entities (organizations, partnerships, and sole proprietors) that transform the force generated by combustion into circular motion in the engine required to propel a vehicle. The crankshaft is a heavy-duty component located at the engine’s bottom and is typically constructed of steel or iron. It is connected to the pistons’ bases through connecting rods that attach to crank pins at zig-zag offsets from the crankshaft’s centerline. This arrangement allows the pistons’ vertical movement to spin the crankshaft and generate rotational energy.
Global Automotive Crankshaft Market Segments Include:
By Type: Flat Plane, Cross Plane
By Material: Forged Iron or Steel, Cast Iron or Steel, Others
By Vehicle Type: Heavy Commercial Vehicles, Light Commercial Vehicles, Luxury Vehicles, Passenger Vehicles, Sport Utility Vehicles, Multi Utility Vehicles, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the automotive crankshaft market in 2021.
Technological innovation is a key trend gaining popularity in the automotive crankshaft market. Major companies operating in the automotive crankshaft sector are focused on developing new technological solutions and developing crankshafts with advanced technologies to reinforce their position.
Major Market Players: Arrow Precision Ltd., Maschinenfabrik ALFING Kessler GMBH, Nippon Steel Integrated Crankshaft LLC, Tianrun Crankshaft Co. Ltd., ThyssenKrupp AG, Bharat Forge Limited, Crower Cams & Equipment Co Inc., Farndon Engineering, Bryant Racing, Ciguenales Sanz, Metalyst Forgings Limited, CIE Automotive, Kellogg Crankshaft, and Amtek Group
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Automotive Crankshaft Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive crankshaft market overviews, analyzes and forecasts market size, share, automotive crankshaft market players, automotive crankshaft market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s automotive crankshaft market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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