Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Material (Forged steel, Cast iron/steel, Machined billet), By Type (Flat Plane, Cross Plane), By Vehicle Type (Passenger Car, Commercial Vehicle) And Competitive Landscape
Product Code: ETC393929 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6Wresearch internal database and industry insights, the Asia Pacific Automotive Crankshaft Market Size was estimated at USD 3.1 billion in 2024 and projected to reach USD 4.5 billion by 2031, registering a significant compound annual growth rate (CAGR) of 5.9% between 2025 and 2031.
Report Name | Asia Pacific Automotive Crankshaft Market |
Forecast Period | 2025-2031 |
CAGR | 5.9% |
Market Size | USD 4.5 billion by 2031 |
Growing Sector | Automotive |
The Asia Pacific Automotive Crankshaft Market report thoroughly covers the market by Countries, by Applications and by Product. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Automotive Crankshaft Market is expanding its landscape over the years. The automotive crankshaft refers to the critical engine component that converts the liner motion of piston and to driver the vehicles. It is essential for longevity, efficiency and performance. This is used across passengers’ cars, commercial vehicles and heavy-duty engineers.
Asia Pacific Automotive Crankshaft Market is anticipated to grow at a substantial CAGR of 5.9% during the forecast period 2025-2031. Due to several growth factors such as rising vehicle production, especially in countries like China, India, and Japan, the market is predicted to gain momentum in the forthcoming years. Other factors such as increasing demand for fuel-efficient and high-performance engines encourages the adoption of durable and precision-engineered crankshafts. Market has noticed the notable growth in passenger cars, commercial vehicles, and replacement parts markets further fuels demand.
On the contrary, Asia Pacific Automotive Crankshaft Industry has numbers of challenges that could affect the growth of the market such as high manufacturing costs for precision-engineered and lightweight crankshafts. Some major issues include the strict emission and safety regulations which require ongoing R&D and compliance efforts. Apart from these, the fluctuating raw material prices, especially steel and alloys, can impact the profit margins. Further, intense competition among regional and global manufacturers limits market share expansion for smaller players.
Asia Pacific Automotive Crankshaft Market is witnessing for moderate growth with notable trends such as rising vehicle production and increasing demand for fuel-efficient engines. Aside from these, the adoption of durable and high-performance crankshafts is increasing. Also, there is trend of the lightweight and precision-engineered materials are gaining popularity. Further, the advanced manufacturing technologies, such as CNC machining, are shaping market trends.
In Asia Pacific Automotive Crankshaft Market, the automotive production and replacement demand create significant investment opportunities. Apart from these, numbers of opportunities are generating in the passenger car and commercial vehicle segments offers high potential. Investments are continued to rise in advanced materials, precision machining, and aftermarket services are promising. Partnerships with automotive OEMs and component suppliers can strengthen market presence.
There are several major players who are contributing in the Asia Pacific Automotive Crankshaft Market Growth include Sundaram Clayton, Bharat Forge, JTEKT Corporation, Schaeffler, and NACHI-FUJIKOSHI. Advanced manufacturing, precision engineering, and material innovations are emphasized by the companies. Strategic collaborations and expansions help strengthen market share. Further, there is also strong R&D and quality control which are critical for maintaining competitive advantage.
Within Asia Pacific Automotive Crankshaft Market, governments enforce the emission and fuel-efficiency standards that influence engine and crankshaft design. Further, the safety and quality certifications are mandatory for automotive components. Regulations play an important role in the promotion of adoption of durable and high-performance materials. Incentives for local manufacturing and advanced production technologies encourage market growth.
The future of Asia Pacific Automotive Crankshaft Market is projected to gain momentum. As time grows, the production of automotive is increasing and replacement demand. Aside from these, the lightweight, high-strength materials and precision-engineered crankshafts will gain traction. Further, the adoption of automated manufacturing and smart quality control will continue to rise with innovations. Overall, the market has noticed the growth in passenger cars and commercial vehicles will drive long-term market expansion.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Vasudha, Senior Research Analyst, 6Wresaerch, passenger cars are expected to lead the market with high vehicle production and demand for fuel-efficient engines. HCVs, LCVs, and buses & coaches also maintain steady demand across commercial applications.
China is set to hold the largest Asia Pacific Automotive Crankshaft Market Share owing to strong automotive manufacturing, advanced infrastructure, and high vehicle sales. India, Japan, South Korea, and the rest of Asia Pacific are witnessing steady growth with increasing vehicle production and adoption of modern engine technologies.
Among products, machined billet crankshafts are projected to lead the market due to precision, durability, and high performance in modern engines. Cast iron, cast steel, and forged steel crankshafts also see consistent demand in various vehicle segments.
The passenger vehicle sector is likely to be the largest end-user segment, driven by increasing car production and replacement demand. HCVs, LCVs, buses & coaches, and commercial vehicles also contribute significantly to market growth.
The Market report includes the following segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Automotive Crankshaft Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Automotive Crankshaft Market - Industry Life Cycle |
3.4 Asia Pacific Automotive Crankshaft Market - Porter's Five Forces |
3.5 Asia Pacific Automotive Crankshaft Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Asia Pacific Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Asia Pacific Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Asia Pacific Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Automotive Crankshaft Market Trends |
6 Asia Pacific Automotive Crankshaft Market, 2021 - 2031 |
6.1 Asia Pacific Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
6.2 Asia Pacific Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
6.3 Asia Pacific Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7 China Automotive Crankshaft Market, 2021 - 2031 |
7.1 China Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
7.2 China Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
7.3 China Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 India Automotive Crankshaft Market, 2021 - 2031 |
8.1 India Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
8.2 India Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
8.3 India Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Japan Automotive Crankshaft Market, 2021 - 2031 |
9.1 Japan Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
9.2 Japan Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
9.3 Japan Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Australia Automotive Crankshaft Market, 2021 - 2031 |
10.1 Australia Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
10.2 Australia Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
10.3 Australia Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Indonesia Automotive Crankshaft Market, 2021 - 2031 |
11.1 Indonesia Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
11.2 Indonesia Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
11.3 Indonesia Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Philippines Automotive Crankshaft Market, 2021 - 2031 |
12.1 Philippines Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
12.2 Philippines Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
12.3 Philippines Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Malaysia Automotive Crankshaft Market, 2021 - 2031 |
13.1 Malaysia Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
13.2 Malaysia Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
13.3 Malaysia Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
14 Rest of Asia Automotive Crankshaft Market, 2021 - 2031 |
14.1 Rest of Asia Automotive Crankshaft Market, Revenues & Volume, By Material, 2021 - 2031 |
14.2 Rest of Asia Automotive Crankshaft Market, Revenues & Volume, By Type, 2021 - 2031 |
14.3 Rest of Asia Automotive Crankshaft Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Asia Pacific Automotive Crankshaft Market Key Performance Indicators |
12 Asia Pacific Automotive Crankshaft Market - Opportunity Assessment |
12.1 Asia Pacific Automotive Crankshaft Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Asia Pacific Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
12.3 Asia Pacific Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
12.4 Asia Pacific Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
13 Asia Pacific Automotive Crankshaft Market - Competitive Landscape |
13.1 Asia Pacific Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
13.2 Asia Pacific Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |