Press release
Automotive Crankshaft Market Overview by Advance Technology, Future Outlook 2026
Automotive Crankshaft Market was valued at USD 2.8 Billion in 2018 and is projected to grow at a CAGR of 2.23% to reach USD 3.3 Billion by 2026, over the forecast period.The automotive crankshaft market is being driven by the increasing demand for high-performance commercial and passenger vehicles. However, there were disruptions in the automotive crankshaft market. Several automotive manufacturing units were temporarily closed due to the lockdown restrictions imposed to stop the spread of the coronavirus. Several research and development activities to improve the quality and performance of the crankshaft in vehicles are expected to boost the growth of the market during the forecast period. But the high replacement cost of the crankshafts is a challenge for the as it increases the expenditure of the consumer on vehicles.
The crankshaft is the main component of an engine that converts rotational motion into linear motion. It is made up of a number of gears and bearings that allow it to rotate at high speeds. Additionally, the crankshaft is responsible for transferring power from the engine's pistons to the wheels.
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This report provides an all-inclusive environment of the analysis for the Global Automotive Crankshaft Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Automotive Crankshaft Market growth.
The rising demand for high end performance vehicles across the globe and the surging demand for automobiles led to create potential for the Automotive Crankshaft Market during the forecasted period. Global Automotive Crankshaft Market is mainly driven by increasing demand from automotive sector, as automotive crankshaft plays vital role for automobiles. Also, there is surge in demand among developing countries, owing to the high spending on commercial as well as passenger vehicles. With increasing purchasing power, technical advancement in automotive sectors fuels the growth of market. Therefore it boosts the Automotive Crankshaft market. Machined billet crankshafts are gaining popularity among high end sports cars, thus expected to drive the market. These factors are expected to propel the growth of Automotive Crankshaft market over the forecasted market.
Global Automotive Crankshaft Market: Segmentations
Global Automotive Crankshaft Market: By Key Players
DENSO
Continental AG
Aisin Seiki
Bosch Group
JTEKT
Delphi Automotive PLC
Mitsubishi Electric
Visteon
ThyssenKrupp
Maschinenfabrik Alfing Kessler
FEUER Powertrain
Neue Halberg-Guss
Darcast
Arrow Precision
CIE Automotive
Teksid
Ellwood Crankshaft
Atlas Industries
NSI Crankshaft
Kellogg Crankshaft
Quimmco
TFO Corporation
Metalart Corporation
Kakuta Iron Works
Guilin Fuda
Zhejiang Sun Stock
Jiangsu Songlin
Global Automotive Crankshaft Market: By Types
Forged Steel
Cast Iron/Steel
Machined Billet
Global Automotive Crankshaft Market: By Applications
Passenger Car
Buses and Coaches
HCV
LCV
Global Automotive Crankshaft Market: Regional Analysis
The countries covered in the regional analysis of the Global Automotive Crankshaft market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Automotive Crankshaft market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Automotive Crankshaft would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as a future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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