"Market Intelligence for High-Geared Performance"

Automotive Crankshaft Market Size, Share & Industry Analysis, By Type (Flat Plane, Cross Plane), By Material (Cast Steel, Forged Iron/steel), By Vehicle type (Passenger Cars, Commercial Vehicles) Others and Regional Forecast, 2026-2034

Last Updated: January 28, 2026 | Format: PDF | Report ID: FBI102231

 

Automotive Crankshaft Market Overview

The global automotive crankshaft market size was valued at USD 14.53 billion in 2025. The market is projected to grow from USD 16.79 billion in 2026 to USD 53.17 billion by 2034, exhibiting a CAGR of 15.5% during the forecast period.

The Automotive Crankshaft Market forms a critical foundation of the global internal combustion engine value chain, supporting power transmission and engine durability across vehicle categories. Crankshafts convert reciprocating piston motion into rotational force, directly influencing engine performance, fuel efficiency, and longevity. The Automotive Crankshaft Market Analysis highlights strong dependence on vehicle production volumes, engine downsizing strategies, and durability requirements. Manufacturers focus on precision engineering, metallurgy, and balancing technologies to meet modern performance standards. Demand spans passenger cars and commercial vehicles, with OEMs emphasizing lightweight yet high-strength crankshafts. As hybridization advances, optimized crankshaft designs remain essential for combustion engines, sustaining consistent demand across global automotive manufacturing hubs.

The Automotive Crankshaft Market in the United States is driven by steady demand from passenger vehicles, light trucks, and commercial fleets. Domestic automotive manufacturing and engine remanufacturing sustain crankshaft consumption. The Automotive Crankshaft Market Analysis for the USA shows strong focus on high-performance forged crankshafts to meet durability and emission requirements. Pickup trucks and SUVs contribute significantly to demand. Technological emphasis includes weight reduction, vibration control, and enhanced fatigue resistance. Tier-1 suppliers collaborate closely with OEMs to ensure compliance with quality standards. The U.S. market prioritizes reliability, performance, and long service life.

Key Findings

Market Size & Growth

  • Global Market Size 2025: USD 14.53 billion
  • Global Market Forecast 2034: USD 53.17 billion
  • CAGR (2025–2034): 15.5%

Market Share – Regional

  • North America: 24%
  • Europe: 22%
  • Asia-Pacific: 44%
  • Middle East & Africa: 10%

Country - Level Shares

  • Germany: 9% of Europe’s market 
  • United Kingdom: 5% of Europe’s market 
  • Japan: 8% of Asia-Pacific market 
  • China: 18% of Asia-Pacific market 

Automotive Crankshaft Market Latest Trends

The Automotive Crankshaft Market Trends reflect evolving engine architectures, stricter emission norms, and efficiency-driven design improvements. One key trend is the growing adoption of forged crankshafts over cast variants in performance-oriented and commercial vehicle engines. Forged crankshafts provide superior strength-to-weight ratios, supporting higher torque outputs and longer engine life. Another Automotive Crankshaft Market Trend is lightweighting through advanced metallurgy and optimized geometries. Manufacturers reduce rotational mass to improve fuel efficiency and engine responsiveness. Computer-aided design and simulation tools enable precise stress distribution and balancing.

Hybrid powertrains influence crankshaft design requirements, as frequent start-stop cycles demand enhanced fatigue resistance. Precision machining and surface treatment technologies, such as nitriding, improve durability. The Automotive Crankshaft Market Outlook also highlights increasing automation in manufacturing processes to ensure consistency and cost efficiency. Demand for customized crankshafts tailored to engine platforms continues to grow.

Download Free sample to learn more about this report.

Automotive Crankshaft Market Dynamics

DRIVER

Rising Global Vehicle Production and Engine Performance Requirements

The primary driver of Automotive Crankshaft Market Growth is rising global vehicle production combined with increasing engine performance requirements. Passenger and commercial vehicles continue to rely on internal combustion engines, either standalone or within hybrid systems. The Automotive Crankshaft Market Analysis shows that higher torque demands and stricter emission regulations require more robust crankshaft designs. OEMs prioritize durability and efficiency, driving demand for precision-engineered components. Commercial vehicles, in particular, require crankshafts capable of handling heavy loads and extended operation. Technological improvements in engine design directly translate into crankshaft upgrades. As vehicle platforms diversify, crankshaft demand remains structurally essential.

RESTRAINT

Gradual Shift Toward Fully Electric Vehicles

A key restraint in the Automotive Crankshaft Market is the gradual shift toward fully electric vehicles, which do not require crankshafts. The Automotive Crankshaft Market Research Report indicates that long-term electrification trends may reduce total addressable demand. Regulatory pressure on emissions accelerates EV adoption in certain regions. Investment allocation toward electric drivetrains limits ICE-related expansion. However, the transition is uneven across regions. Hybrid vehicles still rely on crankshafts, partially offsetting impact. The restraint is long-term rather than immediate, but manufacturers must adapt product portfolios accordingly.

OPPORTUNITY

Growth of Hybrid Vehicles and Engine Downsizing

A major Automotive Crankshaft Market Opportunity lies in the growth of hybrid vehicles and engine downsizing strategies. Hybrid engines require crankshafts designed for frequent start-stop cycles and variable load conditions. Engine downsizing increases stress on crankshafts, necessitating advanced materials and manufacturing techniques. The Automotive Crankshaft Industry Analysis highlights opportunities for high-margin forged and precision-balanced crankshafts. Emerging markets continue to expand ICE vehicle production. Aftermarket demand for replacement crankshafts also presents growth potential. Innovation-focused suppliers can capture value through specialized offerings.

CHALLENGE

High Manufacturing Complexity and Raw Material Volatility

One of the main challenges in the Automotive Crankshaft Market is high manufacturing complexity combined with raw material price volatility. Crankshafts require precision forging, machining, and balancing. Quality defects can result in engine failure, increasing liability risks. Fluctuations in steel and alloy prices impact production costs. The Automotive Crankshaft Market Analysis highlights the need for advanced quality control systems. Capital-intensive manufacturing limits entry of new players. Managing cost efficiency while maintaining performance standards remains challenging for suppliers.

Automotive Crankshaft Market Segmentation

By Type

Flat plane crankshafts account for approximately 32% of the Automotive Crankshaft Market Share, primarily driven by demand from high-performance and sports vehicle applications. These crankshafts feature a simplified design that reduces rotational inertia and improves throttle response. Enhanced engine responsiveness makes them suitable for high-revving engines. Manufacturers focus on lightweight construction and precision balancing to maximize performance. Flat plane designs enable higher engine speeds compared to conventional crankshafts. However, increased vibration and noise require advanced countermeasures. OEMs use flat plane crankshafts to differentiate premium performance models. Advanced alloys improve fatigue resistance. Production volumes remain limited due to specialized use. This segment remains niche but technologically significant.

Cross plane crankshafts dominate the Automotive Crankshaft Market with approximately 68% market share, reflecting widespread adoption across passenger cars and commercial vehicles. These crankshafts are valued for smoother engine operation and improved torque delivery. The design reduces vibration and enhances overall driving comfort. Manufacturers optimize counterweights to ensure balance and durability. Cross plane crankshafts support long engine life and reliability. Compatibility with mass-market engine platforms drives large-scale production. Cost efficiency is achieved through standardized manufacturing processes. OEMs prefer cross plane designs for mainstream vehicles. Demand remains stable across global regions. This segment forms the backbone of the automotive engine industry.

By Material

Cast steel crankshafts hold approximately 41% of the Automotive Crankshaft Market Share, favored for their cost-effectiveness and suitability for high-volume production. These crankshafts are commonly used in passenger vehicles with moderate performance requirements. Advances in casting techniques have improved strength and dimensional accuracy. Cost efficiency supports adoption in economy and mid-range vehicle models. Cast crankshafts meet standard durability and operational requirements. OEMs select cast steel to balance performance and affordability. Weight reduction remains an ongoing design focus. Scalable manufacturing processes enhance supply consistency. Demand closely aligns with mass-market vehicle output. Cast steel crankshafts continue to play a vital role in volume-driven segments.

Forged iron and steel crankshafts account for approximately 59% of Automotive Crankshaft Market Share, driven by superior strength and fatigue resistance. These crankshafts are preferred for high-load applications, including commercial vehicles and performance engines. Forging improves grain structure, enhancing durability and load-bearing capacity. Manufacturers adopt advanced forging techniques to reduce weight without compromising strength. Forged crankshafts withstand higher torque and prolonged engine stress. OEMs prioritize forged variants for heavy-duty and premium vehicles. Higher manufacturing costs are offset by extended service life. Reliability is a critical purchasing factor. Demand remains strong in demanding applications. This segment continues to grow in value-focused markets.

By Vehicle Type 

Passenger cars represent approximately 63% of the Automotive Crankshaft Market Share, driven by high global vehicle ownership and production volumes. Crankshafts used in passenger vehicles emphasize smooth operation and fuel efficiency. OEMs prioritize lightweight designs to support emission and efficiency targets. Engine downsizing trends influence crankshaft geometry and material selection. High-volume manufacturing sustains consistent demand. Replacement and aftermarket sales further support consumption. Innovation focuses on balancing durability with cost optimization. Passenger car crankshafts are produced at scale across regions. Demand closely follows automotive production cycles. This segment remains the largest contributor to total market volume.

Commercial vehicles account for approximately 37% of the Automotive Crankshaft Market Share, requiring crankshafts engineered for durability and heavy-duty performance. These vehicles operate under sustained loads and demanding conditions. Forged crankshafts are commonly used to ensure fatigue resistance. Reliability and long service intervals are critical for fleet operators. Manufacturers focus on material strength and precision machining. Crankshafts support engines used in logistics, construction, and public transport. Growth in freight movement sustains demand. Commercial vehicle crankshafts command higher unit value. Performance consistency drives procurement decisions. This segment remains a strong pillar of market demand.

Automotive Crankshaft Market Regional Outlook

North America 

The North America Automotive Crankshaft Market holds approximately 24% market share, supported by strong production of pickup trucks, SUVs, and commercial vehicles. OEM focus on high-displacement and performance-oriented engines sustains consistent crankshaft demand. Advanced manufacturing infrastructure enables precision forging and machining capabilities. Stringent emission regulations drive demand for lightweight and balanced crankshaft designs. The aftermarket segment remains robust due to long vehicle ownership cycles. Collaboration between OEMs and Tier-1 suppliers accelerates innovation. Demand is reinforced by fleet replacement cycles. Technological upgrades improve fatigue resistance. Durability remains a key purchasing criterion. North America continues to emphasize reliability and performance compliance.

Europe

The Europe Automotive Crankshaft Market accounts for approximately 22% market share, driven by passenger car manufacturing and premium vehicle production. Strict emission and fuel efficiency regulations strongly influence crankshaft engineering. OEMs prioritize lightweight materials and optimized crank geometries. High adoption of engine downsizing increases stress requirements on crankshafts. Advanced manufacturing standards ensure tight tolerances and durability. Demand is concentrated in automotive hubs with strong export activity. Hybrid vehicle production sustains internal combustion component demand. Suppliers focus on forged crankshaft solutions. Cost efficiency and compliance remain critical. Europe maintains a technology-driven crankshaft market structure.

Germany Automotive Crankshaft Market

The Germany Automotive Crankshaft Market represents approximately 9% of global market share, making it Europe’s largest contributor. Germany’s premium automotive manufacturing sector drives demand for high-precision crankshafts. Performance engines require advanced forging and surface treatment technologies. Engineering excellence shapes strict quality standards. Export-oriented production sustains high-volume output. OEMs emphasize durability and efficiency simultaneously. Hybrid powertrain development influences crankshaft design requirements. Suppliers invest in automation and simulation tools. Long-term OEM contracts ensure stable demand. Germany remains a benchmark market for crankshaft innovation.

United Kingdom Automotive Crankshaft Market

The United Kingdom Automotive Crankshaft Market holds approximately 5% market share, supported by niche vehicle manufacturing and motorsport applications. High-performance and specialty vehicles drive demand for custom crankshafts. Precision engineering and low-volume production characterize the market. Motorsport applications require lightweight and high-strength crankshaft designs. Export-focused manufacturers support international supply chains. Technological expertise sustains competitiveness despite lower volumes. Demand is less mass-market driven. OEM collaborations support innovation. Replacement and performance upgrades contribute to aftermarket demand. The UK market remains specialized and performance-oriented.

Asia-Pacific 

The Asia-Pacific Automotive Crankshaft Market dominates globally with approximately 44% market share, driven by high vehicle production volumes. China, Japan, and India are major contributors to regional demand. Cost-efficient manufacturing supports large-scale crankshaft production. OEM expansion and localization strategies fuel sustained growth. Passenger car and commercial vehicle demand remains strong. Forged and cast crankshafts are produced at scale. Export-oriented supply chains enhance global reach. Technological adoption improves quality consistency. Hybrid vehicle production supports continued ICE component demand. Asia-Pacific remains the volume backbone of the global market.

Japan Automotive Crankshaft Market

The Japan Automotive Crankshaft Market accounts for approximately 8% market share, driven by precision automotive engineering and hybrid vehicle leadership. Japanese OEMs emphasize reliability and long service life. Crankshaft designs focus on weight reduction and fatigue resistance. Hybrid engine architectures require enhanced durability. Advanced forging and machining technologies dominate production. Quality control standards remain exceptionally high. Domestic demand is complemented by exports. Continuous improvement practices support innovation. Supplier-OEM collaboration is strong. Japan remains a quality-driven crankshaft market.

China Automotive Crankshaft Market

The China Automotive Crankshaft Market represents approximately 18% market share, making it the largest national market globally. Massive passenger car and commercial vehicle production drives demand. Cost competitiveness supports large-scale manufacturing. Domestic OEM expansion sustains high crankshaft consumption. Suppliers focus on scaling forged and cast crankshaft output. Export production strengthens global supply chains. Technological capabilities continue to improve rapidly. Government support for automotive manufacturing enhances stability. Hybrid vehicles contribute incremental demand. China remains a high-volume and cost-driven market.

Middle East & Africa

The Middle East & Africa Automotive Crankshaft Market holds approximately 10% market share, driven by commercial vehicle demand and import-based automotive supply. Infrastructure development and logistics expansion support heavy-duty vehicle usage. Demand is largely replacement and aftermarket oriented. Harsh operating conditions require durable crankshaft designs. Imports dominate due to limited local manufacturing. Fleet operators prioritize reliability and service life. Economic diversification supports gradual market growth. OEM presence remains limited. Regional vehicle parc growth sustains demand. The market offers steady long-term potential.

List of Top Automotive Crankshaft Companies

  • Thyssenkrupp AG
  • Nippon Steel Integrated Crankshaft LLC
  • Braynt Racing Inc.
  • Arrow Precision Ltd.
  • Maschinenfabrik Alfing Kessler GmbH
  • Mahindra CIE
  • Tianrun Crankshaft Co., Ltd.

Top Two Companies by Market Share

  • Thyssenkrupp AG: 16%
  • Nippon Steel Integrated Crankshaft LLC: 14%

Investment Analysis and Opportunities

Investment in the Automotive Crankshaft Market remains stable due to continued demand from internal combustion engine vehicles and hybrid powertrains. Investors are increasingly attracted to suppliers specializing in forged crankshafts because of their higher durability and margin potential. Long-term supply agreements with OEMs provide predictable revenue streams and reduce business risk. Emerging automotive markets in Asia, Africa, and Latin America present expansion opportunities for global manufacturers. Technological differentiation in materials, balancing, and fatigue resistance enhances competitive positioning. Capital investment in automation improves cost efficiency and quality consistency. Aftermarket demand further strengthens investment viability. Hybrid vehicle adoption supports ongoing crankshaft relevance. Strategic joint ventures improve market access. Overall, the investment landscape favors technologically advanced and globally diversified suppliers.

New Product Development

New product development in the Automotive Crankshaft Market is focused on enhancing strength, reducing weight, and improving operational efficiency. Manufacturers are adopting advanced forging techniques to improve grain structure and fatigue life. Lightweight crankshaft designs support fuel efficiency and emission reduction goals. Digital simulation and modeling tools improve design accuracy and reduce development time. Surface treatment technologies such as nitriding and induction hardening enhance durability. Hybrid-compatible crankshafts are being engineered to withstand frequent start-stop cycles. Precision machining improves balance and vibration control. Material innovation supports higher torque requirements. Automation ensures consistent quality across production volumes. Product innovation remains critical for OEM compliance and performance differentiation.

Five Recent Developments (2023–2025)

  • Expansion of forged crankshaft production capacity
  • Adoption of advanced simulation tools
  • Lightweight crankshaft designs introduced
  • Increased focus on hybrid-compatible crankshafts
  • Automation upgrades in manufacturing plants

Report Coverage of Automotive Crankshaft Market

The Automotive Crankshaft Market Report provides comprehensive coverage of the industry’s structure, performance, and future outlook. It delivers detailed Automotive Crankshaft Market Analysis covering drivers, restraints, challenges, and opportunities. Market segmentation by type, material, and vehicle application is examined to identify demand patterns. Regional analysis evaluates production hubs and consumption trends across key markets. Competitive landscape assessment highlights strategic initiatives by leading manufacturers. Technological advancements and product innovation trends are analyzed in depth. Supply chain dynamics and raw material considerations are reviewed. Market share insights support strategic decision-making. Investment trends and growth pathways are assessed. The report serves as a reliable resource for OEMs, suppliers, and investors.

Request for Customization   to gain extensive market insights.

 ATTRIBUTE

 DETAILS

By Type

  • Flat Plane
  • Cross Plane

By Material

  • Cast Steel
  • Forged Iron/steel

By Vehicle type

  • Passenger Cars
  • Commercial Vehicles

By Region

  • North America (USA, Canada, and Mexico)
  • Europe (Germany, France, U.K., and Rest of Europe)
  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)
  • Rest of the World

 



  • 2021-2034
  • 2025
  • 2021-2024
  • 128
Download Free Sample

    man icon
    Mail icon
Growth Advisory Services
    How can we help you uncover new opportunities and scale faster?
Automotive & Transportation Clients
Bosch
Hitachi
Hyundai
KIA
Siemens
Honda
Bajaj Auto
BP
Continental AG
Exonn Mobil
Hankook Tire & Technology
iSuzu
Jindal Group
Magna
MG Motor
Nissan
Piaggio
Thyssenkrupp Components
Toyota Boshoku Corporation
Yokogawa