Automotive Crankshaft Global Market Analysis 2015 and Forecast Automotive Crankshaft Market - Global Industry Ana
Automotive Crankshaft Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 – 2021
A high degree of competition is characteristic of the contemporary automotive industry worldwide.
Companies are not only vying to up sales, but also to boost product performance in a bid to gain an
upper hand in their respective space. The automotive crankshaft market been impacted by these
factors, and has seen marked innovation in recent years. This report evaluates the effect that
prevailing trends will have on the global automotive crankshaft market and the magnitude of this
impact.
To do this, the report conducts a detailed segmentation of the global automotive crankshaft market.
The criteria used for this segmentation are: crankshaft material, vehicle type, crankshaft type, and
geography. The types of vehicles studied to understand crankshaft trends and usage in each type are:
heavy commercial, sports utility, light commercial, passenger, and multi utility vehicles. Likewise, the
following types of crankshafts are studied in the report: cross plane and flat plane. Based on material
type, the market for automotive crankshaft has been divided into forged steel, cast iron, and others.
Furthermore, the regional markets studied in this report are: North America, Asia Pacific, Europe, and
Rest of the World.
In addition to presented a highly segmented view of the global automotive crankshaft market, the
report also studies important performance parameters such as market revenue and sales. All forecasts
are provided in US$ for the period between 2015 and 2021.
This 72 page report gives readers a comprehensive overview of the Automotive Crankshaft market
Browse through 38 data tables and 12 figures to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/automotive-crankshaft-market.html
Overview of the Global Automotive Crankshaft Market
A crankshaft is the core component of an engine given its crucial task of converting pistons’ liner
motion into rotational motion that runs a vehicle’s wheels. However, the use of a crankshaft is not
limited merely to the automotive industry. It is used in virtually any application where linear motion
needs to be converted into rotational motion, such as in industrial machinery and imaging and printing
devices.
The soaring demand for automobiles the world over will put the global automotive crankshaft market
firmly on course to reaching a valuation of US$2.92 bn by 2021. The market will register a 2.1% CAGR
between 2015 and 2021, say TMR’s projections.
The report notes that by type, crankshafts were most widely used in passenger vehicles in 2014
because of the mounting demand for such vehicles from rapidly emerging economies in regions such
as Asia Pacific and Latin America. Sales of passenger vehicles have also conventionally remained
high, attributable partly to their lower prices.