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Thursday, February 8, 2024

Global Automotive Crankshaft Market is Anticipated to Grow at a CAGR of 2.1% during 2024 to 2030

The future of the global automotive crankshaft market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive crankshaft market is expected to reach an estimated $3 billion by 2030 with a CAGR of 2.1% from 2024 to 2030. The major drivers for this market are increasing production of electric vehicles, growing demand for fuel-efficient vehicles, and rapid expansion of the automotive industry.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the automotive crankshaft market by type (flat plane and cross plane), material (forged steel, cast iron/steel, and machined billet), vehicle type (passenger car, commercial vehicle, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Download sample by clicking on automotive crankshaft market.

Market Segmentation:

In this market, flat plane and cross plane are the major segments of automotive crankshaft market by type. Lucintel forecasts that flat plane is expected to witness the higher growth over the forecast period.Within this market, passenger car is expected to witness the higher growth over the forecast period.

Europe will remain the largest region over the forecast period.

Kellogg Crankshaft, Farndon Engineering, Sandvik, Thyssenkrupp, TIANRUN CRANKSHAFT, Rheinmetall, NSI Crankshaft, Bharat Forge, Maschinenfabrik ALFING Kessler, and Crower Cams are the major suppliers in the automotive crankshaft market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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