Automotive Crankshaft Market
Automotive Crankshaft Market Analysis by Cross Plane Crankshafts and Flat Plane Crankshafts for Passenger Cars and Commercial Vehicles from 2023 to 2033
Analysis of Automotive Crankshaft Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Crankshaft Market Outlook (2023 to 2033)
Global demand for automotive crankshafts is expected to increase at a moderate CAGR of 3% from 2023 to 2033. Currently, the global market is valued at US$ 4 billion and is thus estimated to reach a market size of US$ 5.4 billion by 2033.
An automotive crankshaft is a mechanical component used in an automotive engine that assists in the transition of the piston's linear movement to the rotary movement for power transmission. The automotive crankshaft in an automotive engine system is the connection between the engine and drive shaft, hence playing an essential role in the vehicle's movement.
Automotive crankshafts are most commonly utilized in passenger cars and commercial vehicles in the automotive industry.
Expanding production and sales of vehicles is the main aspect driving the demand for automotive crankshafts. As the crankshaft is a vital part of vehicles, increasing demand for vehicles to fulfill the growing population's needs for improved transportation services is driving market expansion. Moreover, the rising global demand for high-performance vehicles is boosting the usage of automotive crankshafts.
South Asian countries such as China, India, and others are witnessing tremendous expansion in the automotive industry. People in emerging countries are increasing their spending on commercial and passenger vehicles, which is raising the sales of automotive crankshafts.
After rebounding from the ravages of the COVID-19 pandemic, the Indian auto sector is predicted to rise rapidly during the forecast period.
- According to IBEF, the Indian automotive industry is projected to reach US$ 251.4 billion by the end of 2026.
Likewise, the Chinese automotive industry is predicted to experience significant growth over the coming years. General Motors, Ford, Toyota, and others are also actively investing in manufacturing passenger and other vehicles. As a result, these aspects are estimated to spur the demand for automotive crankshafts over the next ten years.
Worldwide sales of luxury vehicles are also increasing, which is expected to boost the demand for automotive crankshafts.
- For example, from January to May 2022, the number of luxury vehicles sold in India climbed by 53%.
Luxury vehicles necessitate compact heavy-loading engines. The fatigue endurance and wear resistance of a crankshaft are extremely strong, guaranteeing a long lifespan. As a result, automotive crankshafts are increasingly used in passenger, commercial, and luxury vehicles.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 4 Billion |
| Projected Market Value (2033) | US$ 5.4 Billion |
| Global Market Growth Rate (2023 to 2033) | 3% CAGR |
| Asia Pacific Market Share (2022) | 36.5% |
| Machined Billets Segment Growth Rate (2023 to 2033) | 2.1% |
| Key Companies Profiled | Arrow Precision Engineering Ltd; Maschinenfabrik ALFING Kessler GmbH; Bryant Racing Inc; Ciguenales Sanz; NSI Crankshaft; Mahindra CIE Automotive Limited |
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Which Factor is Pushing the Global Market for Automotive Crankshafts?
“Increasing Product Innovations to Drive Market Growth”
Many of the world's major automakers have been working on advanced crankshaft solutions employing cutting-edge technologies and materials.
- For example, Honda developed a 3D-printed automotive crankshaft composed of a metal in March 2020, aiming to reduce the vehicle's overall weight and improve its fuel efficiency. In the coming years, the company intends to ramp up the production of its innovative offering.
- BMW released its high-performance M3 and M4 models with normally aspirated engines in February 2021. The crankshaft is formed from chrome molybdenum heat-treated steel, with crankpins joined spherically to enable the bearings to move more easily.
Such advancements are pushing the growth of the global market. Moreover, several countries' regulatory agencies have created new emission guidelines to decrease pollution. The mandated emission control is encouraging automotive crankshaft manufacturers to produce more optimized crankshafts to meet manufacturing demand, as it is a critical part of the internal combustion engine that is linked directly to emissions.
- According to the Hindu Business Line, a financial and business daily newspaper, the Indian government made it essential to follow BS-VI rules for automobiles in April 2020 to substantially cut pollution.
Automotive crankshaft manufacturers are heavily investing in research and development to develop lightweight crankshafts that have the potential to improve fuel efficiency and lower carbon emissions from vehicles.
Which Aspects Can Stymie Market Expansion to Some Extent?
“Increasing Popularity of Electric Vehicles”
Increasing demand for electric vehicles, along with ongoing improvements in the automotive sector and support in the form of grants, tax breaks, and subsidies, are expected to stymie market expansion during the projection period.
Leading automakers such as BMW, General Motors, Toyota, and others are focusing on electric vehicles to reduce carbon emissions.
- Ford Motor Company has pledged to expand its investment in electric vehicles to US$ 30 billion by 2025.
- Similarly, Volkswagen promised to invest US$ 17.5 billion in electric vehicles by 2025.
The growing popularity of electric vehicles presents a risk to the global market. Electric vehicles are propelled by an electric motor rather than an internal combustion engine. Since there is no combustion chamber in an electric motor, a crankshaft is not needed.
“Challenges Associated with Crankshaft Design & Repair”
A crankshaft is a fundamental component of any combustion engine, including those found in cars, motorcycles, and trucks. It is one of the most difficult and complex components of any automobile. Due to the high tolerance requirements and challenging processability of materials such as cast iron or forged steel, designing crankshafts necessitates the use of specialized tools and machining procedures.
There are also several types of crankshafts, spanning from small ones featured in 2-stroke engines in lawnmowers to large crankshafts used in diesel engines in ships.
Even in automobile engines, the crankshafts differ based on the engine type. The design of the crankshaft is a common problem for manufacturers. The instability of the components affects cycle times as well as quality consistency. Moreover, repairing crankshafts or blown crankshafts is expensive since the repair method includes removing the engine and working on the new parts.
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Country-wise Insights
How are Japan and South Korea Assisting Asia Pacific's Supremacy?
“Increasing Vehicle Production in These Countries”
As per Fact.MR, a market research and competitive intelligence provider, Asia Pacific stood for 36.5% of the worldwide market for automotive crankshafts in 2022. The region is home to major market players, which is contributing to the regional market expansion.
Japan and South Korea are strongly assisting the regional market growth due to increasing vehicle production and rising demand for high-performance and heavy commercial vehicles.
Why is Germany a Leading Market in Europe?
“Improvements in Engine Technologies and Growing Sales of high-end Sports Cars”
The European market is experiencing steady growth. Germany is a market leader in Europe due to improvements made by the country's robust automotive industry in engine technologies. These improvements have encouraged ICE vehicle innovation, which has promoted the use of innovatively built crankshaft components. Moreover, the German market is benefitting from the continued development in the automobile sector and growing sales of high-end sports cars.
Which Factors are Fueling Demand for Automotive Crankshafts in the United States?
“Thriving Automotive Industry and Increasing Demand for Luxury Vehicles”
The United States is dominating the North American market. The demand for automotive crankshafts is surging in the United States due to the booming automotive industry and rising demand for luxury vehicles.
Category-wise Insights
Why is Demand for Machined Billets Escalating?
“Rising Public Interest in Sports and Luxury Cars”
Demand for machined billets is anticipated to swell at a CAGR of 2.1% during the forecast period. People have become increasingly interested in sports and luxury cars in recent years. A machined billet crankshaft is employed in these vehicles since it is precisely balanced and can bear increased pressure.
To increase strength, billet crankshafts are CNC machined from a solid steel bar like 4330M, EN30, or another high-grade alloy. Additionally, CNC machining billet crankshafts enable designs that would be impossible to achieve through forging. These factors are increasing the demand for machined billets.
Why Do Passenger Cars Account for High Deployment of Automotive Crankshafts?
“Increasing Sales of Passenger Cars across Regions”
Expanding demand for passenger cars in emerging economies like India and China is raising the sales of automotive crankshafts.
- As per data provided by the Society of Indian Automobile Manufacturers (SIAM), domestic sales of passenger cars rose by 118.31% to 0.21 million units in June 2021 from 0.1 million units in June 2020.
Passenger car sales in the European Union, the United Kingdom, Switzerland, Norway, and Iceland are increasing year after year. Since crankshafts are used to provide greater strength and vibration in passenger cars, the rise in demand for passenger cars is expected to fuel the sales of automotive crankshafts.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the automotive crankshaft market are actively pursuing strategies such as alliances, investments, new developments, acquisitions, and R&D activities to strengthen and broaden their worldwide presence. Moreover, many start-ups are emerging in the worldwide market.
- MM Forging stated in February 2023 that its board of directors had authorized a plan for a merger of Cafoma Autoparts Private Limited, its entirely owned subsidiary, with MM Forgings Limited. Cafoma Autoparts Private Limited is involved in the manufacturing and machining of crankshafts. The merger plan will lead to the integration of company operations and the unification of activities, resulting in operational synergies and the removal of redundant efforts across various companies.
- Guangxi Yuchai Machinery Group Co., Ltd. (Yuchai) stated in February 2023 that Guangxi Yuchai CrankShaft Co., Ltd., its wholly-owned subsidiary, has begun manufacture of a high-end crankshaft requested by a German automaker. The product is a 107kg forged crankshaft for 6-cylinder engines and will be placed in a premium German engine model.
Key Segments of Automotive Crankshaft Industry Research
-
By Product Type :
- Cross Plane Crankshafts
- Flat Plane Crankshafts
-
By Material :
- Forged Steel
- Cast Iron
- Machined Billets
-
By Vehicle Type :
- Passenger Cars
- Commercial Vehicles
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material
- 6.1 Forged Steel
- 6.2 Cast Iron
- 6.3 Machined Billets
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type
- 7.1 Cross Plane Crankshafts
- 7.2 Flat Plane Crankshafts
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Vehicle Type
- 8.1 Passenger Cars
- 8.2 Commercial Vehicles
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1 North America
- 9.2 Latin America
- 9.3 Europe
- 9.4 East Asia
- 9.5 South Asia & Oceania
- 9.6 Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1 Arrow Precision Engineering Ltd
- 17.2 Maschinenfabrik ALFING Kessler GmbH
- 17.3 Bryant Racing Inc
- 17.4 Ciguenales Sanz
- 17.5 NSI Crankshaft
- 17.6 Mahindra CIE Automotive Limited
- 18. Assumptions and Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 2: Global Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 4: Global Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 5: Global Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 7: Global Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 8: Global Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Material, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Material, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Material, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Vehicle Type, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Vehicle Type, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 4: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 5: Global Market Share and BPS Analysis by Material, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 7: Global Market Attractiveness Analysis by Material, 2023 to 2033
Figure 8: Global Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 9: Global Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Material, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Material, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Material, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Material, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Material, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Material, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Material, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Material, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Material, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Material, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Material, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Material, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Material, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the global automotive crankshaft market currently valued at?
The global automotive crankshaft market stands at US$ 4 billion in 2023.
How fast is the automotive crankshaft market expected to expand?
Worldwide demand for automotive crankshafts is projected to rise at a CAGR of 3% during the forecast period.
What is the predicted value of the automotive crankshaft market for 2033?
The market for automotive crankshafts is predicted to reach US$ 5.4 billion by 2033.
At what CAGR is the demand for machined billets anticipated to rise?
Demand for machined billets is expected to expand at a CAGR of 2.1% from 2023 to 2033.
What was Asia Pacific's market share in 2022?
Asia Pacific held 36.5% share of the global market in 2022.
Who are the leading automotive crankshaft manufacturers?
Arrow Precision Engineering Ltd, Maschinenfabrik ALFING Kessler GmbH, Bryant Racing Inc, Ciguenales Sanz, NSI Crankshaft, and Mahindra CIE Automotive Limited are key players in the global market.
Automotive Crankshaft Market