Market Forecast by Countries (United States (US), Canada, Rest of North America), By Material (Forged steel, Cast iron/steel, Machined billet), By Type (Flat Plane, Cross Plane), By Vehicle Type (Passenger Car, Commercial Vehicle) And Competitive Landscape
Product Code: ETC13362205 | Publication Date: Apr 2025 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 150 | No. of Figures: 55 | No. of Tables: 32 | |
According to 6Wresearch internal database and industry insights, the North America Automotive Crankshaft Market Size was estimated at USD 5.5 billion in 2024 and projected to reach USD 7.9 billion by 2031, reflecting a significant compound annual growth rate (CAGR) of 4.5% during the forecast period 2025-2031.
Report Name | North America Automotive Crankshaft Market |
Forecast Period | 2025-2031 |
CAGR | 4.5% |
Market Size | USD 7.9 billion by 2031 |
Growing Sector | Automotive |
The North America Automotive Crankshaft Market report thoroughly covers the market by Countries, by Product and by Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Automotive Crankshaft Market is moving forward gradually throughout the years. Automotive crankshaft is the main part of engine which converts the linear motion to the rotational motion in the wheel of vehicles. As the passenger and commercial vehicles are expanding, along with modernization of engines, is creating new investment and growth opportunities across the region.
North America Automotive Crankshaft Market is projected to grow at a steady CAGR of 4.5% during the forecast period 2025-2031. Owing to rising production of passenger and commercial vehicles across the region, and growing demand for fuel-efficient, high-performance engines encourages the adoption of lightweight. Alongside, the demand of advanced crankshafts is increasing who are made from forged steel and aluminium. Growth in electric and hybrid vehicle segments also contributes to market expansion. Further, engine modernization and the aftermarket sector support steady demand.
Despite of growth, the North America Automotive Crankshaft Industry has numbers of challenges that could hinder the progress in the future. This market is affected by other issues such as high production costs for advanced crankshafts and strict emission and safety regulations. Also, the market dependency on imports for certain high-quality components can limit local manufacturing. Besides, supply chain disruptions and economic fluctuations may affect production and investment. Further, the shift towards the alternative powertrains requires adaptation of traditional crankshaft technologies, posing technical challenges.
North America Automotive Crankshaft Market is expanding its landscape over the years with notable trends include the growing demand for passenger and commercial vehicles. Apart from this, the lightweight and high-performance crankshafts are increasingly adopted to enhance fuel efficiency. Advanced materials like forged steel and aluminium are gaining prominence. Further, engines are modernized and the rise of electric and hybrid vehicles are shaping market trends.
There are several opportunities presents in North America Automotive Crankshaft Market especially in manufacturing of advanced crankshafts for passenger cars, commercial vehicles, and electric/hybrid engines. Aside from these, the local production can reduce reliance on imports and logistics costs. Opportunities exist in supplying OEMs and aftermarket parts distributors. Growing collaborations with automotive technology firms can enhance the innovation and market penetration.
North America Automotive Crankshaft Market is reshaped by some top players globally include Mahle GmbH, Schaeffler AG, Federal-Mogul, CIE Automotive, and SinterCast AB. Focus is shifted by companies towards the high-quality production, research, and regional distribution. Besides, local manufacturers cater to cost-sensitive markets. Further, the strategic alliances with OEMs and tier-1 suppliers strengthen their competitive position.
Governments are supporting the North America Automotive Crankshaft Market through their strict emission and fuel efficiency standards govern crankshaft manufacturing. These regulations include safety certifications and quality regulations which influence production processes. To encourage domestic manufacturing and innovation in engine technologies, policies are made by governments. Environmental laws also promote sustainable materials and cleaner production methods.
The future of North America Automotive Crankshaft Market is expected to grow at steady rate with rising vehicle production and engine modernization. This market has noticed new trends such as demand of lightweight, high-performance crankshafts that will continue to gain importance. Further, electric and hybrid vehicle adoption will create new demand segments. Innovations are continued to occur, fuel efficiency focus, and regional manufacturing expansion will drive future growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Suryakant, Senior Research Analyst, 6Wresearch, passenger cars are expected to lead the North America Automotive Crankshaft Market due to high production volumes and strong replacement demand. LCVs, HCVs, and buses also contribute to steady growth with fleet expansions and industrial transport needs.
United States is expected to hold the largest North America Automotive Crankshaft Market Share with high vehicle production and well-established automotive infrastructure. Canada and Mexico also show steady growth, supported by expanding passenger and commercial vehicle segments.
Machined billet crankshafts are projected to lead the market for their precision, durability, and high performance. Cast iron, cast steel, and forged steel crankshafts remain in demand, especially for heavy-duty and commercial vehicles.
The report provides a detailed analysis of the following market segments:
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 North America Automotive Crankshaft Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 North America Automotive Crankshaft Market - Industry Life Cycle |
3.4 North America Automotive Crankshaft Market - Porter's Five Forces |
3.5 North America Automotive Crankshaft Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 North America Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 North America Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 North America Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Automotive Crankshaft Market Trends |
6 North America Automotive Crankshaft Market, 2021 - 2031 |
6.1 North America Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 North America Automotive Crankshaft Market, Revenues & Volume, By Forged steel, 2021 - 2031 |
6.1.3 North America Automotive Crankshaft Market, Revenues & Volume, By Cast iron/steel, 2021 - 2031 |
6.1.4 North America Automotive Crankshaft Market, Revenues & Volume, By Machined billet, 2021 - 2031 |
6.2 North America Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 North America Automotive Crankshaft Market, Revenues & Volume, By Flat Plane, 2021 - 2031 |
6.2.3 North America Automotive Crankshaft Market, Revenues & Volume, By Cross Plane, 2021 - 2031 |
6.3 North America Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 North America Automotive Crankshaft Market, Revenues & Volume, By Passenger Car, 2021 - 2031 |
6.3.3 North America Automotive Crankshaft Market, Revenues & Volume, By Commercial Vehicle, 2021 - 2031 |
7 North America Automotive Crankshaft Market, By Countries, 2021 - 2031 |
7.1 Overview & Analysis |
7.2 North America Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
7.2.1 United States (US) Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
7.2.2 Canada Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
7.2.3 Rest of North America Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
7.3 North America Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
7.3.1 United States (US) Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
7.3.2 Canada Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
7.3.3 Rest of North America Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.4.1 United States (US) Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.4.2 Canada Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.4.3 Rest of North America Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 North America Automotive Crankshaft Market Key Performance Indicators |
9 North America Automotive Crankshaft Market - Export/Import By Countries Assessment |
10 North America Automotive Crankshaft Market - Opportunity Assessment |
10.1 North America Automotive Crankshaft Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
10.3 North America Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
10.4 North America Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
11 North America Automotive Crankshaft Market - Competitive Landscape |
11.1 North America Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
11.2 North America Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Top 10 Company Profiles |
13 Recommendations |
14 Disclaimer |