| Product Code: ETC282924 | Publication Date: Aug 2023 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India automotive crankshaft market import shipment demonstrated a steady growth trend with a CAGR of 4.9% from 2020 to 2024. However, there was a significant slowdown in growth between 2023 and 2024, with a decline of 16.5%. This indicates a period of deceleration in market expansion towards the end of the analyzed period.
The India Automotive Crankshaft market is experiencing steady growth due to the automotive industry`s demand for durable and high-performance crankshafts. Crankshafts are essential components in internal combustion engines. With the automotive sector flourishing, this market is expected to remain robust.
The India automotive crankshaft market`s growth is closely tied to the automotive sector`s expansion. The crankshaft is a critical component in an engine, and as vehicle production increases, so does the demand for high-quality crankshafts. The push for fuel efficiency and emissions reduction also influences the market, as lighter and more efficient crankshafts are sought after.
The India automotive crankshaft market faces challenges in terms of quality control and precision manufacturing. Ensuring that crankshafts meet the high standards required for modern engines is a considerable challenge. Additionally, competition from low-cost manufacturing countries can put pressure on India manufacturers to maintain cost competitiveness. Environmental concerns and stringent emissions standards also require the development of more efficient and eco-friendly crankshaft manufacturing processes.
The automotive crankshaft market was adversely affected by the automotive industry`s struggles. Reduced vehicle production and sales had a direct impact on the demand for crankshafts.
In the India Automotive Crankshaft market, leading manufacturers such as Kirloskar Oil Engines Limited, Jaya Hind Industries Limited, Bharat Forge Limited, and Liners India Limited play a crucial role in providing high-quality crankshafts for the automotive sector. These companies offer precision-engineered crankshafts that are essential components in engines, ensuring smooth and efficient power delivery in India vehicles.
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 India Automotive Crankshaft Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Crankshaft Market - Industry Life Cycle |
3.4 India Automotive Crankshaft Market - Porter's Five Forces |
3.5 India Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive Crankshaft Market Trends |
6 India Automotive Crankshaft Market, By Types |
6.1 India Automotive Crankshaft Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Crankshaft Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 India Automotive Crankshaft Market Revenues & Volume, By Forged steel, 2021-2031F |
6.1.4 India Automotive Crankshaft Market Revenues & Volume, By Cast iron/steel, 2021-2031F |
6.1.5 India Automotive Crankshaft Market Revenues & Volume, By Machined billet, 2021-2031F |
6.2 India Automotive Crankshaft Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Crankshaft Market Revenues & Volume, By Flat Plane, 2021-2031F |
6.2.3 India Automotive Crankshaft Market Revenues & Volume, By Cross Plane, 2021-2031F |
6.3 India Automotive Crankshaft Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Crankshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 India Automotive Crankshaft Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 India Automotive Crankshaft Market Import-Export Trade Statistics |
7.1 India Automotive Crankshaft Market Export to Major Countries |
7.2 India Automotive Crankshaft Market Imports from Major Countries |
8 India Automotive Crankshaft Market Key Performance Indicators |
9 India Automotive Crankshaft Market - Opportunity Assessment |
9.1 India Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Crankshaft Market - Competitive Landscape |
10.1 India Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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