Report Description

This research study analyzes the automotive crankshaft market on a global level and provides estimates in terms of revenue (USD) from 2015 to 2021. It gives a comprehensive overview of the automotive crankshaft industry from all the important aspects of the market. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.

Crankshaft in automobile comprises of cast iron, forged steel and machined crankshaft. The function a crankshaft is to convert the linear motion of the piston to rotational motion, which in turn would power the wheels. Crankshaft can be of two designs; flat plane and cross plane. Flat plane crankshafts are much lighter but are imperfectly balanced. On the other hand cross plane crankshaft are perfectly balanced but are heavier than flat plane crankshafts.

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Scope

Europe holds the largest market share in the automotive crankshaft market followed by North America, Asia Pacific and Rest of the World (RoW). Due to the saturation in the markets of North America, the automotive crankshaft market is expected to witness maximum growth in the Asia Pacific region and RoW by the end of the forecast period. It is also to be considered that the market in North America and Europe is expected to maintain a stable growth because of the continuous advancements in the automotive crankshaft market in the two regions.

Key Players

Some of the leading players in the market are, Bhatar Forge Ltd (India), Amtek Auto Ltd. (India), ThyssenKrupp Crankshaft Company LLC (U.S.A) and NSI Crankshaft (U.S.A) among others.

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