Automotive Crankshaft Global Market Report 2026

The automotive crankshaft plays a crucial role in converting the force generated by combustion into the circular motion necessary to propel a vehicle. Positioned at the engine's bottom, this heavy-duty component is typically constructed from steel or iron. It is connected to the bases of pistons through connecting rods that attach to crank pins positioned at zig-zag offsets from the crankshaft's centerline. This configuration enables the vertical movement of the pistons to rotate the crankshaft, generating rotational energy.

The main types of automotive crankshafts include flat planes and cross-planes. The flat-plane crankshaft tends to achieve higher revolutions compared to its cross-plane counterpart because each crankpin journal (the components to which connecting rods attach) is spaced at 180-degree intervals. Various materials are used, including forged iron and steel, cast iron and steel, among others. Additionally, automotive crankshafts are employed in different vehicle types such as heavy commercial vehicles, light commercial vehicles, luxury vehicles, passenger vehicles, sport utility vehicles, multi-utility vehicles, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the automotive crankshaft market by increasing the cost of imported forged steel billets, casting materials, machining tools, heat treatment equipment, and balancing systems. Automotive manufacturers in North America and Europe are most affected due to reliance on imported crankshaft components, while Asia-Pacific exporters face competitive pricing pressure. These tariffs are raising engine production costs and impacting sourcing strategies. However, they are also encouraging localized forging, regional supply chain development, and innovation in lightweight and high-durability crankshaft technologies.

The automotive crankshaft market research report is one of a series of new reports from The Business Research Company that provides automotive crankshaft market statistics, including automotive crankshaft industry global market size, regional shares, competitors with a automotive crankshaft market share, detailed automotive crankshaft market segments, market trends and opportunities, and any further data you may need to thrive in the automotive crankshaft industry. This automotive crankshaft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive crankshaft market size has grown steadily in recent years. It will grow from $4.76 billion in 2025 to $4.95 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to internal combustion engine dominance, forged steel usage, vehicle production growth, crankshaft standardization, engine platform expansion.

The automotive crankshaft market size is expected to see steady growth in the next few years. It will grow to $5.87 billion in 2030 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to hybrid powertrain demand, fuel efficiency regulations, high-performance vehicle growth, material innovation, precision manufacturing advancements. Major trends in the forecast period include lightweight crankshaft development, demand for high-strength materials, precision forging adoption, growth of performance engines, expansion of engine downsizing strategies.

The increase in vehicle production is expected to drive the growth of the automotive crankshaft market in the coming years. A vehicle is a mechanical device designed to transport people or goods from one place to another, and rising global production volumes directly boost demand for essential engine components. Automotive crankshafts are vital components of internal combustion engines, as they convert the reciprocating motion of pistons into the rotational motion needed to power vehicles. The growth in global passenger car sales indicates expanding consumer demand and rising mobility requirements, which in turn accelerate the production of engines and related components such as crankshafts. For example, in March 2024, according to HonestJohn.co.uk, a UK-based automotive statistics website, global passenger car sales reached around 74.6 million units, reflecting an increase of approximately 2.5% compared with 2023. Therefore, the growing demand for passenger and commercial vehicles is contributing to the expansion of the automotive crankshaft market.

Prominent companies within the automotive crankshaft market are introducing new crankshaft variants to meet the heightened demand for this aftermarket product. The crankshaft, a specific component crucial in piston engines, converts piston motion into rotational motion. For instance, in September 2023, Monedero, a Spain-based automotive components and accessories provider, launched the initial version of the OM471LA crankshaft, addressing substantial aftermarket demand. This release fills a notable gap, as no aftermarket alternative met the requisite standards prior to this launch. The OM471LA crankshaft, designed for Mercedes Benz and other compatible models, bears the reference number 10011000051, aligning equivalently with original Mercedes Benz references like A4710300101, A47110300201, and A4710300401, catering to specific model applications.

In July 2024, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a South Korea-based shipbuilding firm, acquired STX Heavy Industries for an undisclosed amount. Following this acquisition, HD Hyundai intends to utilize the advanced manufacturing technologies of HD Hyundai Marine Engine in critical components like crankshafts and turbochargers to enhance synergy with HD HHI. Furthermore, the company aims to take advantage of eco-friendly engine technologies and expand its global distribution network, strengthening its competitive position in the ship engine market. STX Heavy Industries is a South Korea-based manufacturer of automotive crankshafts.

Major companies operating in the automotive crankshaft market report include Maschinenfabrik ALFING Kessler GmbH, Bharat Forge Ltd., ThyssenKrupp AG, Tianrun Crankshaft Co. Ltd., Arrow Precision Ltd., Farndon Engineering Ltd., Metalyst Forgings Ltd., Balu Forge Industries Ltd., Kellogg Crankshaft Company, Crower Cams & Equipment Co. Inc., Mahindra CIE Automotive Ltd., CIE Automotive S.A., Rheinmetall AG, MAHLE GmbH, GKN plc, Federal-Mogul LLC, Cooper Corporation, Amtek Group, Ciguenales Sanz SL, BMV Precision Engineering

Europe was the largest region in the automotive crankshaft market in 2025. The regions covered in the automotive crankshaft market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive crankshaft market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The automotive crankshaft market consist of sales of cast, forged and billet crankshafts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Automotive Crankshaft Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses automotive crankshaft market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for automotive crankshaft ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automotive crankshaft market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Flat Plane; Cross Plane
• 2) By Material: Forged Iron Or Steel; Cast Iron Or Steel
• 3) By Vehicle Type: Heavy Commercial Vehicles; Light Commercial Vehicles; Luxury Vehicles; Passenger Vehicles; Sport Utility Vehicles; Multi Utility Vehicles; Other Vehicle Types
• Subsegments:
• 1) By Flat Plane: Lightweight Flat Plane Crankshafts; High-Performance Flat Plane Crankshafts
• 2) By Cross Plane: Traditional Cross Plane Crankshafts; Performance Cross Plane Crankshafts
• Companies Mentioned: Maschinenfabrik ALFING Kessler GmbH; Bharat Forge Ltd.; ThyssenKrupp AG; Tianrun Crankshaft Co. Ltd.; Arrow Precision Ltd.; Farndon Engineering Ltd.; Metalyst Forgings Ltd.; Balu Forge Industries Ltd.; Kellogg Crankshaft Company; Crower Cams & Equipment Co. Inc.; Mahindra CIE Automotive Ltd.; CIE Automotive S.A.; Rheinmetall AG; MAHLE GmbH; GKN plc; Federal-Mogul LLC; Cooper Corporation; Amtek Group; Ciguenales Sanz SL; BMV Precision Engineering
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.