Automotive Crankshaft Market to Reach US$ 4.33 Billion by 2031, TMR Report

The latest research study released by Transparency Market Research on "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐫𝐚𝐧𝐤𝐬𝐡𝐚𝐟𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟏-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Automotive Crankshaft industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Automotive Crankshaft market is estimated to attain a valuation of US$ 4.33 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 2.23% during the forecast period, 2021-2031

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐫𝐚𝐧𝐤𝐬𝐡𝐚𝐟𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4976

The automotive industry stakeholders are anticipating a gradual recovery of the global economy as the COVID-19 crisis nears its end in European countries, China, and Japan. Rise in emergence of electric vehicles is a threat to the automotive crankshaft market. Electric vehicles are powered by an electric motor instead of an IC engine. In an electric motor, there is no combustion chamber, thus eliminating the requirement of crankshaft, which can hamper the market. Thus, automotive companies in the automotive crankshaft market should diversify their manufacturing in EVs to stay future-proof whilst catering to the needs of ICE vehicles, as the automotive industry gradually shifts toward low emission technologies such as fuel cell.

𝐋𝐢𝐠𝐡𝐭𝐰𝐞𝐢𝐠𝐡𝐭 𝐂𝐫𝐚𝐧𝐤𝐬𝐡𝐚𝐟𝐭𝐬 𝐇𝐨𝐥𝐝 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐬 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞 𝐂𝐚𝐫𝐛𝐨𝐧 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐟𝐫𝐨𝐦 𝐈𝐂𝐄 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬

Regulatory norms regarding carbon emission and pollution control are important factors that need to be addressed by market stakeholders since automotive crankshafts are primarily used in Internet Combustion Engines (ICEs). Approximately 25% of the global pollution takes place due to carbon emission by ICE vehicles, according to a survey. Hence, automotive giants are investing in R&D to innovate in lightweight crankshafts that hold promising potentials to increase fuel-efficiency and reduce carbon emission from vehicles.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=4976

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐫𝐚𝐧𝐤𝐬𝐡𝐚𝐟𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Rise in sale of vehicles across the globe is likely to propel the automotive crankshaft market, in terms of volume and revenue, during the forecast period
Increase in demand for high performance vehicles across the globe is projected to fuel the demand for automotive crankshafts. Moreover, rise in demand for fuel-efficient vehicles is estimated to propel the automotive crankshaft market, since crankshaft is an essential component to run the engine of a vehicle.

𝐓𝐡𝐞 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐫𝐚𝐧𝐤𝐬𝐡𝐚𝐟𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞

Bharat Forge Ltd (India),Amtek Auto Ltd. (India),ThyssenKrupp Crankshaft Company LLC (U.S.),NSI Crankshaft (U.S.),Bryant Racing Inc. (U.S.),Arrow Precision (U.K.),Maschinenfabrik ALFING KESSLER GmbH (Germany),Cigueñales Sanz SL (Spain),Tianrun Crankshaft Co., Ltd. (China),Mahindra CIE Automotive Ltd. (India),Rheinmetall AG (Germany),Sandvik AB (Sweden),Other Key Players

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 -

𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Flat Plane Crankshaft
Cross Plane Crankshaft

𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

Cast Iron
Forged Steel

𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞

Two / Three Wheelers
Passenger Vehicle
Hatchback
Sedan
Utility Vehicle
Light Duty Vehicle
Medium & Heavy Duty Trucks
Bus & Coaches

𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲? 𝐀𝐬𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=4976

𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐥𝐞𝐭𝐬 𝐲𝐨𝐮 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲 𝐭𝐡𝐞 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐫𝐚𝐧𝐤𝐬𝐡𝐚𝐟𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐦𝐞𝐚𝐧𝐬 𝐨𝐟 𝐚 𝐫𝐞𝐠𝐢𝐨𝐧:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲

The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐆𝐥𝐢𝐨𝐦𝐚 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/07/26/2486311/0/en/Glioma-Treatment-Market-Attracts-Profitable-Avenues-owing-to-Surge-in-Prevalence-of-Brain-Tumor-Globally-States-TMR-Study.html

𝐇𝐨𝐦𝐞 𝐁𝐥𝐨𝐨𝐝 𝐏𝐫𝐞𝐬𝐬𝐮𝐫𝐞 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/07/27/2487170/0/en/Home-Blood-Pressure-Monitoring-Devices-Market-Witnessing-Vast-Avenue-from-Adoption-of-Wearables.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani

Transparency Market Research Inc.

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