Automotive Crankshaft Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
The automotive crankshaft market and it is expected to grow by 11.27 mn units, accelerating at a CAGR of almost 3% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Automotive Crankshaft Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by Material (Forged steel, Cast iron/steel, and Machined billet) and Geography (APAC, Europe, North America, South America, and MEA). 59% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Automotive Crankshaft Market: Top Drivers to Boost Demand
The Adoption of new emission standards is one of the primary factors driving the growth of the automotive crankshaft market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
Vendor Analysis: Arrow Precision Ltd., CIE Automotive SA and Crower Cams & Equipment Co. Inc. are key growth contributors
The market is concentrated. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Arrow Precision Ltd., CIE Automotive SA, Crower Cams & Equipment Co. Inc., Farndon Engineering Ltd., Kalyani Group, Maschinenfabrik ALFING Kessler GmbH, Metalyst Forgings Ltd., Nippon Steel Corp., thyssenkrupp AG, and Tianrun Crankshaft Co. Ltd. are some of the major market participants.
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Automotive Crankshaft Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: