PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1922587
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1922587
Global Automotive Crankshaft Market Size Study & Forecast, by Crankshaft Type (Forged, Cast, Billet), by Vehicle Type (Passenger Vehicles, Commercial Vehicles) and Regional Forecasts 2025-2035
The Global Automotive Crankshaft Market is valued at approximately USD 4,981.1 million in 2024 and is projected to expand at a steady CAGR of 4.5% throughout the forecast period 2025-2035, with Historical Data covering 2023 and 2024 and the Base Year for Estimation fixed at 2024. A crankshaft stands at the very heart of an internal combustion engine, translating the linear motion of pistons into rotational energy that ultimately propels the vehicle forward. As vehicle architectures evolve and powertrain efficiencies are pushed to higher thresholds, crankshafts are no longer viewed as commodity components but as precision-engineered assets that directly influence engine performance, durability, and fuel economy. Market growth is being underpinned by rising global vehicle production, long-term demand for engine downsizing, and continuous optimization of combustion systems across passenger and commercial vehicles.
The market's upward momentum is further being carried forward by manufacturing innovation and material science breakthroughs that are reshaping how crankshafts are designed and produced. OEMs are increasingly phasing in lightweight yet high-strength alloys to reduce rotational mass, improve thermal stability, and comply with tightening emission norms. At the same time, advancements in CNC machining, precision forging, and surface finishing technologies are enabling manufacturers to push dimensional accuracy and fatigue resistance to new benchmarks. While electrification presents a structural shift for the automotive sector, the sustained dominance of internal combustion and hybrid vehicles-particularly in emerging economies-continues to prop up crankshaft demand, ensuring relevance well into the forecast window of 2025-2035.
The detailed segments and sub-segments included in the report are:
By Crankshaft Type:
- Forged Crankshaft
- Cast Crankshaft
- Billet Crankshaft
By Material:
- Steel Alloy
- Cast Iron
- Billet Steel
- Other Materials
By Manufacturing Process:
- Precision Forging
- Casting
- CNC Machining
- Heat Treatment & Surface Finishing
By Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
By Region:
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Passenger vehicles are expected to dominate the Global Automotive Crankshaft Market, accounting for the largest share over the forecast period. This dominance is largely attributed to the sheer scale of global passenger car production, rising personal mobility needs, and steady replacement demand in both mature and developing markets. As automakers roll out fuel-efficient gasoline and hybrid models, crankshafts optimized for smoother torque delivery and lower vibration are increasingly being engineered into mass-market vehicles. While commercial vehicles contribute significant value, it is the passenger vehicle segment that continues to anchor volume demand and sustain manufacturing scale economies for crankshaft suppliers.
In terms of revenue contribution, forged crankshafts currently lead the market, commanding the lion's share owing to their superior strength, fatigue resistance, and suitability for high-performance and high-load applications. Forged variants are widely deployed across premium passenger cars and heavy-duty commercial vehicles, where engine reliability is mission-critical. Cast crankshafts, on the other hand, maintain strong penetration in cost-sensitive segments due to lower production costs and adequate performance for moderate engine outputs. Meanwhile, billet crankshafts-though niche-are gaining visibility in motorsports and high-performance customization, reflecting a layered market structure where revenue leadership and growth trajectories diverge by application and performance requirement.
The regional landscape of the Global Automotive Crankshaft Market reflects a mix of industrial maturity and emerging opportunity. Asia Pacific stands out as the fastest-growing region, propelled by large-scale automotive manufacturing hubs in China, India, and Japan, along with expanding domestic vehicle consumption. North America remains a significant contributor, supported by technological leadership, strong demand for pickup trucks and SUVs, and a robust aftermarket ecosystem. Europe continues to hold a strategic position, driven by precision engineering expertise and stringent emission regulations that encourage advanced crankshaft designs. Meanwhile, Latin America and the Middle East & Africa are gradually gaining momentum as vehicle ownership rises and localized manufacturing investments take shape.
Major market players included in this report are:
- Thyssenkrupp AG
- Bharat Forge Limited
- Mahindra CIE Automotive India Ltd.
- ZF Friedrichshafen AG
- Nippon Steel Corporation
- Crower Cams & Equipment Co., Inc.
- Tupy S.A.
- NSI Crankshaft
- Riken Corporation
- Kellogg Crankshaft Company
- Sona BLW Precision Forgings Ltd.
- Precision Camshafts Limited
- Scat Enterprises, Inc.
- Tianrun Crankshaft Co., Ltd.
- Maschek Automotive
Global Automotive Crankshaft Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define and forecast the Global Automotive Crankshaft Market size across key segments and countries, drawing insights from both qualitative assessments and quantitative modeling. By integrating Historical Data from 2023 and 2024 with forward-looking projections through 2035, the report offers a comprehensive view of how manufacturing technologies, material transitions, and vehicle mix evolution will influence demand. It further highlights competitive positioning, strategic investments, and micro-market opportunities, enabling stakeholders to align long-term strategies with shifting dynamics across the global automotive value chain.
Key Takeaways:
- Market estimates and forecasts spanning 2025 to 2035
- Annualized revenue analysis at regional and segment levels
- In-depth geographical assessment with country-level insights
- Competitive landscape profiling of leading market participants
- Strategic evaluation of business models and future growth pathways
- Analysis of competitive structure alongside demand- and supply-side dynamics
Table of Contents
Chapter 1. Global Automotive Crankshaft Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. key Findings
Chapter 3. Global Automotive Crankshaft Market Forces Analysis
- 3.1. Market Forces Shaping The Global Automotive Crankshaft Market (2024-2035)
- 3.2. Drivers
- 3.2.1. Surging manufacturing innovation
- 3.2.2. rising global vehicle production
- 3.3. Restraints
- 3.3.1. Shortage Of Skilled Professionals
- 3.4. Opportunities
- 3.4.1. sustained dominance of internal combustion
Chapter 4. Global Automotive Crankshaft Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis And Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Crankshaft Market Size & Forecasts by Crankshaft Type 2025-2035
- 5.1. Market Overview
- 5.2. Global Automotive Crankshaft Market Performance - Potential Analysis (2025)
- 5.3. Forged Crankshaft
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
- 5.4. Cast Crankshaft
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
- 5.5. Billet Crankshaft
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
Chapter 6. Global Automotive Crankshaft Market Size & Forecasts by Material 2025-2035
- 6.1. Market Overview
- 6.2. Global Automotive Crankshaft Market Performance - Potential Analysis (2025)
- 6.3. Steel Alloy
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
- 6.4. Cast Iron
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
- 6.5. Billet Steel
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
- 6.6. Other Materials
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market size analysis, by region, 2025-2035
Chapter 7. Global Automotive Crankshaft Market Size & Forecasts by Manufacturing Process 2025-2035
- 7.1. Market Overview
- 7.2. Global Automotive Crankshaft Market Performance - Potential Analysis (2025)
- 7.3. Precision Forging
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
- 7.4. Casting
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
- 7.5. CNC Machining
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
- 7.6. Heat Treatment & Surface Finishing
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035
Chapter 8. Global Automotive Crankshaft Market Size & Forecasts by Vehicle Type 2025-2035
- 8.1. Market Overview
- 8.2. Global Automotive Crankshaft Market Performance - Potential Analysis (2025)
- 8.3. Passenger Vehicles
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
- 8.4. Commercial Vehicles
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
Chapter 9. Global Automotive Crankshaft Market Size & Forecasts by Region 2025-2035
- 9.1. Growth Automotive Crankshaft Market, Regional Market Snapshot
- 9.2. Top Leading & Emerging Countries
- 9.3. North America Automotive Crankshaft Market
- 9.3.1. U.S. Automotive Crankshaft Market
- 9.3.1.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.3.1.2. Material breakdown size & forecasts, 2025-2035
- 9.3.1.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.3.1.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Automotive Crankshaft Market
- 9.3.2.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.3.2.2. Material breakdown size & forecasts, 2025-2035
- 9.3.2.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.3.2.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.3.1. U.S. Automotive Crankshaft Market
- 9.4. Europe Automotive Crankshaft Market
- 9.4.1. UK Automotive Crankshaft Market
- 9.4.1.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.4.1.2. Material breakdown size & forecasts, 2025-2035
- 9.4.1.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.4.1.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Automotive Crankshaft Market
- 9.4.2.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.4.2.2. Material breakdown size & forecasts, 2025-2035
- 9.4.2.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.4.2.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.4.3. France Automotive Crankshaft Market
- 9.4.3.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.4.3.2. Material breakdown size & forecasts, 2025-2035
- 9.4.3.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.4.3.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Automotive Crankshaft Market
- 9.4.4.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.4.4.2. Material breakdown size & forecasts, 2025-2035
- 9.4.4.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.4.4.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Automotive Crankshaft Market
- 9.4.5.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.4.5.2. Material breakdown size & forecasts, 2025-2035
- 9.4.5.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.4.5.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Automotive Crankshaft Market
- 9.4.6.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.4.6.2. Material breakdown size & forecasts, 2025-2035
- 9.4.6.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.4.6.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.4.1. UK Automotive Crankshaft Market
- 9.5. Asia Pacific Automotive Crankshaft Market
- 9.5.1. China Automotive Crankshaft Market
- 9.5.1.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.5.1.2. Material breakdown size & forecasts, 2025-2035
- 9.5.1.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.5.1.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.5.2. India Automotive Crankshaft Market
- 9.5.2.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.5.2.2. Material breakdown size & forecasts, 2025-2035
- 9.5.2.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.5.2.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Automotive Crankshaft Market
- 9.5.3.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.5.3.2. Material breakdown size & forecasts, 2025-2035
- 9.5.3.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.5.3.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Automotive Crankshaft Market
- 9.5.4.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.5.4.2. Material breakdown size & forecasts, 2025-2035
- 9.5.4.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.5.4.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Automotive Crankshaft Market
- 9.5.5.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.5.5.2. Material breakdown size & forecasts, 2025-2035
- 9.5.5.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.5.5.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Automotive Crankshaft Market
- 9.5.6.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.5.6.2. Material breakdown size & forecasts, 2025-2035
- 9.5.6.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.5.6.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.5.1. China Automotive Crankshaft Market
- 9.6. Latin America Automotive Crankshaft Market
- 9.6.1. Brazil Automotive Crankshaft Market
- 9.6.1.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.6.1.2. Material breakdown size & forecasts, 2025-2035
- 9.6.1.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.6.1.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Automotive Crankshaft Market
- 9.6.2.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.6.2.2. Material breakdown size & forecasts, 2025-2035
- 9.6.2.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.6.2.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.6.1. Brazil Automotive Crankshaft Market
- 9.7. Middle East and Africa Automotive Crankshaft Market
- 9.7.1. UAE Automotive Crankshaft Market
- 9.7.1.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.7.1.2. Material breakdown size & forecasts, 2025-2035
- 9.7.1.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.7.1.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Automotive Crankshaft Market
- 9.7.2.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.7.2.2. Material breakdown size & forecasts, 2025-2035
- 9.7.2.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.7.2.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Automotive Crankshaft Market
- 9.7.3.1. Crankshaft Type breakdown size & forecasts, 2025-2035
- 9.7.3.2. Material breakdown size & forecasts, 2025-2035
- 9.7.3.3. Manufacturing Process breakdown size & forecasts, 2025-2035
- 9.7.3.4. Vehicle Type breakdown size & forecasts, 2025-2035
- 9.7.1. UAE Automotive Crankshaft Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Thyssenkrupp AG
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
- 10.3. Bharat Forge Limited
- 10.4. Mahindra CIE Automotive India Ltd.
- 10.5. ZF Friedrichshafen AG
- 10.6. Nippon Steel Corporation
- 10.7. Crower Cams & Equipment Co., Inc.
- 10.8. Tupy S.A.
- 10.9. NSI Crankshaft
- 10.10. Riken Corporation
- 10.11. Kellogg Crankshaft Company
- 10.12. Sona BLW Precision Forgings Ltd.
- 10.13. Precision Camshafts Limited
- 10.14. Scat Enterprises, Inc.
- 10.15. Tianrun Crankshaft Co., Ltd.
- 10.16. Maschek Automotive
