Title: Automotive Crankshaft Market
1Automotive Crankshaft Market Forecast (2021 -
2026)
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- Automotive Crankshaft Market Size is forecast to
reach 3.2 billion by 2026, growing at a CAGR of
2.2 during 2021-2026. - The rising demand for high engine power
transmission vehicles across the globe and the
surging demand for automobiles led to create
potential for the Automotive Crankshaft industry
during the forecast period. The crankshaft in the
diesel engine has to serve higher strength and
vibrations mechanical devices. - Owing to this, many crankshaft manufacturers are
developing advanced carbon steel alloy crankshaft
with improved fatigue strength, reliability, and
quality.
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- Key Takeaways
- Industrialization, driven by the growing demand
for automotive and other machinery, is expected
to lead the growth of the global automotive
crankshaft market during the forecast period. - Technological innovations are playing an
instrumental role in brightening the prospects of
this market in the forecast period 2021-2026. - Machined billet crankshafts are gaining
popularity among high end sports cars, thus
expected to drive the market.
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By Distribution Channel- Segment Analysis The
Machined billet segment of the market is
anticipated to register the highest CAGR of
2.8 during the forecast period. In the recent
times, there has been an increasing interest
among people for sports and luxury automobiles.
In these kinds of vehicles a machined billet
crankshaft is used as they are balanced perfectly
and can withstand more force. In addition,
technologies such as machining of crankshaft have
brought a transition in the recent trend of
automotive crankshaft. Further billet crankshafts
are CNC machined from a solid bar of steel such
as EN30, 4330M or other high-grade alloy to make
it strong.
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- Malaysia Solvents Market Industry Outlook
- Arrow Precision
- CIE Automotive SA
- Crower Cams Equipment
- Farndon Engineering Ltd
- Kalyani Group
- Nippon Steel Corp
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Automotive Crankshaft Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Automotive-Cr
ankshaft-Market-Research-510770
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Contact (1) 970-236-3677
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