Automotive Crankshaft Market 2025-2034

Automotive Crankshaft Market is valued at USD 5.9 billion in 2025. Further the market is expected to grow by a CAGR of 3.4% to reach global sales of USD 8 billion in 2034

The automotive crankshaft market is a fundamental component of the internal combustion engine, transforming linear motion into rotational motion to drive the vehicle’s powertrain. Crankshafts are critical to engine performance, reliability, and efficiency. Over time, the market has evolved with advancements in material science and manufacturing techniques, leading to stronger, lighter, and more efficient crankshafts that meet the growing demands of modern vehicles. As automakers aim to reduce weight, improve fuel economy, and adhere to stringent emissions regulations, the demand for high-quality crankshafts continues to grow.

In 2024, the market saw significant developments in both materials and production methods. The adoption of forged steel and micro-alloyed materials allowed for improved strength and durability, ensuring crankshafts could withstand higher stress levels in downsized turbocharged engines. Enhanced manufacturing processes, such as precision forging and advanced heat treatment techniques, led to better consistency and performance. Additionally, the growing popularity of hybrid powertrains introduced new design challenges, prompting manufacturers to develop crankshafts that integrate seamlessly with electric motor systems while maintaining the robustness required for internal combustion operations.

Looking ahead to 2025 and beyond, the automotive crankshaft market is expected to continue evolving alongside powertrain innovations. As electric and hybrid vehicle adoption increases, crankshafts will be further optimized for hybridized systems, which demand lighter, more compact components without compromising strength. Emerging technologies such as additive manufacturing and advanced machining processes will enable the production of crankshafts with even greater precision, reducing material waste and cost. The ongoing shift toward sustainability will also drive the exploration of more eco-friendly manufacturing methods and materials, ensuring the crankshaft market remains aligned with broader industry trends.

Key Insights Automotive Crankshaft Market

- Increased use of forged steel and micro-alloyed materials

• Advancements in precision forging and heat treatment technologies
• Integration of crankshafts into hybrid and electric powertrain designs
• Emergence of additive manufacturing for lightweight, complex components
• Growing focus on eco-friendly and sustainable production methods
• Rising demand for fuel-efficient and lightweight engine components
• Stricter emissions regulations and efficiency standards
• Advancements in downsized, turbocharged engine designs
• Increased adoption of hybrid powertrains requiring durable crankshafts
• Maintaining performance and durability while reducing material usage and cost

Automotive Crankshaft Market Segmentation

By Type

• Cross Plane

By Material

• Cast Iron Or Steel
• Other Materials

By Vehicle Type

• Light Commercial Vehicles
• Luxury Vehicles
• Passenger Vehicles
• Sport Utility Vehicles
• Multi Utility Vehicles
• Other Vehicle Types

By Geography

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Automotive Crankshaft Market Analytics

The research analyses various direct and indirect forces that can impact the Automotive Crankshaft market supply and demand conditions. The parent market, derived market, intermediaries’ market are analyzed to evaluate the full supply chain and possible alternatives and substitutes. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Automotive Crankshaft market projections.

Recent deals and developments are considered for their potential impact on Automotive Crankshaft's future business. Other metrics analyzed include Threat of New Entrants, Threat of Substitutes, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Automotive Crankshaft Market.

Automotive Crankshaft trade and price analysis helps comprehend Automotive Crankshaft's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Automotive Crankshaft price trends and patterns, and exploring new Automotive Crankshaft sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Automotive Crankshaft market.

Automotive Crankshaft Market Competitive Intelligence

The proprietary company's revenue and product analysis model unveils the Automotive Crankshaft market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Automotive Crankshaft products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Automotive Crankshaft market update to stay ahead of the competition.

Company offerings in different segments across Asia-Pacific, Europe, Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Automotive Crankshaft market. The competition analysis enables the user to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market share.

Your Takeaways From this Report

• Global Automotive Crankshaft market size and growth projections (CAGR), 2024- 2034
• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Automotive Crankshaft.
• Automotive Crankshaft market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Automotive Crankshaft market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Automotive Crankshaft market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Automotive Crankshaft market, Automotive Crankshaft supply chain analysis.
• Automotive Crankshaft trade analysis, Automotive Crankshaft market price analysis, Automotive Crankshaft Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Automotive Crankshaft market news and developments.

Region-level intelligence includes

• North America Automotive Crankshaft Market Size, Share, Growth Trends, CAGR Forecast to 2034
• Europe Automotive Crankshaft Market Size, Share, Growth Trends, CAGR Outlook to 2034
• Asia-Pacific Automotive Crankshaft Industry Data, Market Size, Competition, Opportunities, CAGR Forecast to 2034
• The Middle East and Africa Automotive Crankshaft Industry Data, Market Size, Competition, Opportunities, CAGR Forecast to 2034
• South and Central America Automotive Crankshaft IndustryIndustry Data, Market Size, Competition, Opportunities, CAGR Forecast to 2034

Automotive Crankshaft market regional insights present the most promising markets to invest in and emerging markets to expand to contemporary regulations to adhere to and players to partner with.

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