According to a new
market report published by Transparency Market Research “AutomotiveCrankshaft Market - Global Industry Analysis, Size, Share, Growth,Trends and Forecast, 2015 - 2021,” the automotive crankshaft market
was valued at USD 2,520.0 Million in 2014, which is expected to reach
USD 2,920.0 Million by 2021, growing at a CAGR of 2.1% from 2015 to
2021.
Exponential growth
of the automobile sector in the recent years has positively supported
the growth of the automotive crankshaft market globally. Growth of
automotive sector in the emerging markets and increasing demand of
high end performance cars are driving the market of automotive
crankshaft.
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the full Automotive Crankshaft Market Report @ :
By types, passenger
vehicle segment held the largest market share in the automotive
crankshaft market in the year 2014 because of the emerging middle
class and their preference shifting towards passenger vehicles. The
affordability of passenger vehicles due to the rise in disposable
income of the people, is a major reason driving the growth of the
passenger vehicle segment.
Among the two
crankshaft types, flat plane crankshaft held the largest market share
in 2014. Increasing demand for machined crankshaft as they are used n
high end sports cars is fueling the demand for automotive crankshaft
across the world. In addition, increasing demand for heavy commercial
vehicle and diesel cars in various countries is the major factor
driving the growth of forged steel crankshaft.
Browse
the full Automotive Crankshaft Market Press Release @ :
In 2014, Europe held
the largest market share in the automotive crankshaft market. Asia
Pacific is expected to witness highest growth because of the
increasing production of vehicles and high purchasing power of the
consumers. North America and Europe is expected to witness stable
growth during the forecast period.
Bhatat Forge Ltd
(India), Amtek Auto Ltd. (India), ThyssenKrupp Crankshaft Company LLC
(U.S.A) and NSI Crankshaft (U.S.A) among others are some of the key
players in the automotive crankshaft market. The market has been
segmented as follows:
Automotive
Crankshaft Market: By Geography
North America
- U.S.A
- Canada
- Mexico
Europe
- Germany
- U.K
- Italy
- France
- Rest Of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest Of Asia Pacific
Rest of the World
- South America
- Middle East
- Africa
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Free Sample Report :
The report provides
a cross-sectional analysis of all the below mentioned segments with
respect to the above mentioned regions.
Automotive
Crankshaft Market: By Vehicle Type
- Heavy Commercial Vehicle (HCV)
- Light Commercial Vehicle (LCV)
- Passenger Vehicle
- Sports Utility Vehicle (SUV)
- Multi Utility Vehicle (MUV)
- Others
Automotive
Crankshaft Market: By Crankshaft type
- Cross plane
- Flat plane
Automotive
Crankshaft Market: By Crankshaft material
- Cast iron
- Forged Steel
- Others
About Us :
Transparency Market
Research (TMR) is a global market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
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