Crankshafts Market 2022 Industry Development and Growth Forecast to 2027- ThyssenKrupp, Bosch Group, JTEKT, Visteon

The report provides a strategic analysis of the Global Crankshafts Market and the growth estimates for the forecast period 2022 to 2027. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Crankshafts Market Trends, volume, and value at the global level, regional level, and company level.

The Crankshafts Market is expected to register a CAGR of 1.1% over the forecast period 2022 – 2027.

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Top companies operating in the Global Crankshafts market profiled in the report are: 

ThyssenKrupp, Bosch Group, JTEKT, Visteon, Aisin Seiki, Delphi Automotive PLC, Maschinenfabrik Alfing Kessler, Mitsubishi Electric, DENSO, Continental AG

Industry News:

In March 2020, Honda created a 3D-printed automotive crankshaft made from metal, designed to reduce the final weight of the vehicle as well as improve its fuel efficiency. The company aims at scaling up the production of its novel offering in the next few years.
In February 2021, BMW introduced its fast-performance cars, the M3 and M4, equipped with its naturally-aspirated engines. The core of these engines is the crankshaft forged from chrome molybdenum heat-treated steel, with its crankpins attached spherically to allow the bearings to move more smoothly.
In 2020, Greenleaf Corporation has partnered with Ohio Crankshaft Co. to greatly enhance productivity in heavy milling and crankshaft machining. Their combined efforts resulted in solutions to improve throughput and reduce costs considerably.
In 2019, Wilhelmsen and ThyssenKrupp step-up a collaboration, establishing a 3D printing joint venture targeting the maritime industry.

Market Segmentation by Types covers:

Cast Iron Crankshafts
Nodular Iron Crankshafts
Forged Steel Crankshafts
Billet Steel Crankshafts

Market Segmentation by Applications covers:

Passenger Car
Commercial Vehicle
Motorcycles

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Europe Dominates the Market:

The Automotive Crankshaft market in the European region held a significant market share of 36.5% in 2020, owing to the advancements made by the region’s robust automotive sector in engine technologies. These technologies have promoted innovation in ICE vehicles, which has favored the adoption of inventively designed crankshaft components. Further, the adoption of new emission standards euro6, and others are notably supporting the automotive crankshaft market growth. Further continuous development in the automobile sector, increasing sales of high-performance cars, and high-end sports cars have propelled the market for automotive crankshaft in Europe.

Regional Analysis for Crankshafts Market:

North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global Crankshafts Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.

Major Points Covered in Table of Content:

Chapter 1: Crankshafts Market Overview

Chapter 2: Analysis of Strategies of Leading Players of Crankshafts Market

Chapter 3: Study on Key Market Trends

Chapter 4: Crankshafts Market Forecasts

Chapter 5: Regional Growth Analysis of Crankshafts Market

Chapter 6: Market Analysis

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Key Reasons to Purchase:

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– To understand the future outlook and prospects for the Crankshafts Market.

– To know the Key market trends across the business segments, Regions, and Countries.

– To analyze competitive growths such as new product launches, agreements, and share in the market.

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