Product Code: ETC13362403 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Crankshaft Market was valued at USD 3.2 Billion in 2024 and is expected to reach USD 4.3 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).
The global automotive crankshaft market is experiencing steady growth due to increasing vehicle production and the demand for fuel-efficient vehicles. Crankshafts are crucial components in internal combustion engines, converting the linear motion of the pistons into rotational motion. The market is driven by advancements in technology, such as lightweight materials and innovative designs to enhance performance and fuel efficiency. Key players in the market are investing in research and development to introduce new products and cater to the evolving needs of the automotive industry. Asia Pacific dominates the market, followed by Europe and North America, due to the high volume of vehicle production in these regions. The market is expected to continue growing as the automotive industry focuses on sustainability and reducing emissions.
The Global Automotive Crankshaft Market is experiencing a shift towards lightweight and durable materials such as forged steel and carbon fiber, driven by the increasing demand for fuel efficiency and performance in vehicles. Another notable trend is the growing adoption of electric vehicles, which require specialized crankshafts to accommodate their unique powertrains. Opportunities in the market lie in the development of advanced manufacturing technologies, such as additive manufacturing and computer numerical control (CNC) machining, to produce crankshafts with higher precision and efficiency. Additionally, the rising focus on sustainability and emission regulations is driving the demand for eco-friendly materials and manufacturing processes in the automotive industry, presenting opportunities for innovation and growth in the automotive crankshaft market.
The Global Automotive Crankshaft Market faces several challenges, including increasing demand for electric vehicles leading to a shift away from traditional internal combustion engines, stringent emission regulations requiring automakers to invest in cleaner technologies, and the rising cost of raw materials impacting overall profitability. Additionally, the market is highly competitive, with a few key players dominating the industry, making it challenging for new entrants to establish themselves. Furthermore, fluctuations in global economic conditions and supply chain disruptions can also pose challenges for manufacturers in the automotive crankshaft market. To stay competitive, companies in this sector need to focus on innovation, adapt to changing market trends, and invest in sustainable practices to address these challenges effectively.
The Global Automotive Crankshaft Market is primarily driven by the increasing demand for lightweight and fuel-efficient vehicles, as crankshafts play a crucial role in enhancing engine performance and efficiency. Additionally, the growing automotive production and sales worldwide, especially in emerging economies, are fueling the demand for crankshafts. Technological advancements in materials and manufacturing processes are also driving market growth by improving the durability and strength of crankshafts. Furthermore, stringent emissions regulations are pushing automotive manufacturers to adopt advanced engine technologies, which in turn increases the demand for high-performance crankshafts. Overall, the market is expected to witness steady growth due to the continuous innovation and development in the automotive industry.
Government policies related to the Global Automotive Crankshaft Market primarily focus on environmental regulations, safety standards, and trade policies. Many countries have implemented strict emissions regulations to reduce pollution from vehicles, which has driven the demand for more fuel-efficient and cleaner engines, affecting the design and production of crankshafts. Additionally, safety standards set by governments influence the materials and manufacturing processes used in crankshaft production to ensure durability and reliability of automotive components. Trade policies, such as tariffs and import/export regulations, also impact the global crankshaft market by affecting the cost of raw materials and finished products. Overall, government policies play a significant role in shaping the automotive crankshaft market by promoting sustainability, safety, and trade competitiveness.
The Global Automotive Crankshaft Market is expected to witness steady growth in the coming years, driven by the increasing demand for fuel-efficient vehicles and the growing automotive industry worldwide. Technological advancements such as the development of lightweight and durable crankshafts, as well as the shift towards electric vehicles, are also projected to impact the market positively. Moreover, the rising focus on reducing emissions and improving engine efficiency will further drive the demand for innovative crankshaft designs. However, challenges such as fluctuating raw material prices and the impact of the COVID-19 pandemic on the supply chain may hinder the market growth to some extent. Overall, the Global Automotive Crankshaft Market is anticipated to expand as automakers continue to prioritize performance and sustainability in their vehicle offerings.
In the global Automotive Crankshaft Market, Asia Pacific is expected to lead in terms of market share, driven by the presence of key automotive manufacturing hubs such as China, Japan, and India. North America and Europe are also significant regions in the market, with a strong focus on technological advancements and the production of high-performance vehicles. The Middle East and Africa region is witnessing steady growth, primarily due to increasing investments in the automotive sector. Latin America is showing potential for growth, supported by improving economic conditions and rising demand for vehicles. Overall, the global Automotive Crankshaft Market is projected to expand further, driven by factors such as increasing vehicle production, technological innovations, and the growing demand for fuel-efficient vehicles across these regions.
Global Automotive Crankshaft Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Crankshaft Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Crankshaft Market - Industry Life Cycle |
3.4 Global Automotive Crankshaft Market - Porter's Five Forces |
3.5 Global Automotive Crankshaft Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Global Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Global Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Crankshaft Market Trends |
6 Global Automotive Crankshaft Market, 2021 - 2031 |
6.1 Global Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Crankshaft Market, Revenues & Volume, By Forged steel, 2021 - 2031 |
6.1.3 Global Automotive Crankshaft Market, Revenues & Volume, By Cast iron/steel, 2021 - 2031 |
6.1.4 Global Automotive Crankshaft Market, Revenues & Volume, By Machined billet, 2021 - 2031 |
6.2 Global Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Crankshaft Market, Revenues & Volume, By Flat Plane, 2021 - 2031 |
6.2.3 Global Automotive Crankshaft Market, Revenues & Volume, By Cross Plane, 2021 - 2031 |
6.3 Global Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Crankshaft Market, Revenues & Volume, By Passenger Car, 2021 - 2031 |
6.3.3 Global Automotive Crankshaft Market, Revenues & Volume, By Commercial Vehicle, 2021 - 2031 |
7 North America Automotive Crankshaft Market, Overview & Analysis |
7.1 North America Automotive Crankshaft Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Crankshaft Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
7.4 North America Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 North America Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Crankshaft Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Crankshaft Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Crankshaft Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Automotive Crankshaft Market, Overview & Analysis |
9.1 Asia Automotive Crankshaft Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Crankshaft Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
9.4 Asia Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
9.5 Asia Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Automotive Crankshaft Market, Overview & Analysis |
10.1 Africa Automotive Crankshaft Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Crankshaft Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
10.4 Africa Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
10.5 Africa Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Automotive Crankshaft Market, Overview & Analysis |
11.1 Europe Automotive Crankshaft Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Crankshaft Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
11.4 Europe Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
11.5 Europe Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Automotive Crankshaft Market, Overview & Analysis |
12.1 Middle East Automotive Crankshaft Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Crankshaft Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Crankshaft Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
12.4 Middle East Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
12.5 Middle East Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Automotive Crankshaft Market Key Performance Indicators |
14 Global Automotive Crankshaft Market - Export/Import By Countries Assessment |
15 Global Automotive Crankshaft Market - Opportunity Assessment |
15.1 Global Automotive Crankshaft Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
15.3 Global Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
15.4 Global Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Automotive Crankshaft Market - Competitive Landscape |
16.1 Global Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |