Crankshaft is a mechanical device that serves as the heart of an automotive engine. It can convert the linear reciprocating motion of the piston to a rotary motion for engine power transmission. These are widely utilized in the automotive field, including cars, trucks, trains, and other automobiles., A vehicle would not be able to move even an inch without crankshaft, as it is the primary connection between input and output powers.
Crankshafts should have very high fatigue strength and wear resistance to ensure long service life. Furthermore, the automotive crankshaft has several uses in various industrial sectors such as the automobile sector, industrial machinery sector, and printing devices. Asia-Pacific comprises some fastest emerging economies including India and China.
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The Global Automotive Crankshaft Market Trends are as Follows:
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง & ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
The global automotive crankshaft market size is expected to begin a period of rapid development as a result of potential improvements in crankshaft technology by some of the top companies in the auto industry. The crankshaft is the most essential component of an internal combustion engine (ICE) as it converts linear motion into rotational motion that powers the vehicle. Many of the leading automotive industry giants have been working on improved crankshaft solutions utilizing new-age technologies and materials. For instance, in March 2020Honda developed a 3D printed automotive crankshaft composed of metal, designed to reduce the final weight of the vehicle as well as improve its fuel efficiency.
The company aims at scaling up the production of its novel offering in the next few years. In February 2021, BMW introduced its high-performance cars, the M3 and M4, with naturally-aspirated engines. The crankshaft is forged from chrome molybdenum heat-treated steel, with crankpins connected spherically to allow the bearings to move more smoothly. These innovations are playing an instrumental role in brightening the prospects of this market. Thus, innovation & technological development are driving the market growth.
Top Impacting Factors
โIncrease in demand for performance engine, innovation & technological development, and growth of tourism sector drive the growth of the market.
โHigh cost of billet crankshaft and high R&D expenditure hinder the market growth.
โRise in demand for manufacturing of crankshaft for passenger vehicles, and increase in disposable income act as an opportunity for the market investments.
Key Benefits
This study presents the analytical depiction of the global automotive crankshaft market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the global automotive crankshaft market.
The current market is quantitatively analyzed to highlight the growth scenario of the global automotive crankshaft market.
The report provides a detailed global automotive crankshaft market analysis based on competitive intensity and the competition that will take shape in coming years.
Some of the key Automotive Crankshaft Market players profiled in the report include Maschinenfabrik ALFING Kessler,, Rheinmetall,, NSI Crankshaft,, Sandvik,, TIANRUN CRANKSHAFT,, Thyssenkrupp,, Bharat Forge,, Crower Cams & Equipment,, Farndon Engineering,, Kellogg Crankshaft Company.
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Questions Answered
โWho are the leading market players active in the global automotive crankshaft market?
โWhat would be the detailed impact of COVID-19 on the market?
โWhat are the current trends that would influence the market in the next few years?
โWhat are the driving factors, restraints, and opportunities in the global automotive crankshaft market?
โWhat are the future projections that would help in taking further strategic steps?
Key Segment
By Material
Forged steel
Cast iron/steel
Machined billet
By Type
Flat Plane
Cross Plane
By Vehicle Type
Passenger Car
Commercial Vehicle
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By Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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