Product Code: ETC282901 | Publication Date: Aug 2022 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
USA Automotive Crankshaft market currently, in 2023, has witnessed an HHI of 999, Which has increased slightly as compared to the HHI of 993 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United States automotive crankshaft market is a dynamic and competitive sector within the automotive industry. The market is driven by factors such as increasing vehicle production, technological advancements in engine design, and a growing demand for fuel-efficient vehicles. The US automotive crankshaft market is characterized by a mix of established players and new entrants, with key manufacturers including American Axle & Manufacturing, Inc., Trelleborg AB, and Thyssenkrupp Crankshaft Company. Market trends include a shift towards lightweight and durable materials for crankshaft production, as well as an increasing focus on electric vehicles and hybrid powertrains. Overall, the US automotive crankshaft market is expected to continue to grow in the coming years, driven by innovation and evolving consumer preferences.
Currently, the US Automotive Crankshaft Market is experiencing several key trends. One major trend is the increasing demand for lightweight and durable crankshafts to improve fuel efficiency and reduce emissions in vehicles. Another significant trend is the growing adoption of advanced materials such as forged steel and carbon fiber composites to enhance strength and performance. Additionally, there is a rising focus on the development of electric vehicle (EV) crankshafts to support the expanding EV market. Moreover, the trend towards automation and advanced manufacturing techniques, such as forging and machining processes, is being witnessed to streamline production and ensure high precision in crankshaft manufacturing. Overall, these trends are shaping the US Automotive Crankshaft Market towards innovation, sustainability, and efficiency.
The US Automotive Crankshaft Market faces several challenges, including the increasing demand for electric vehicles leading to a shift away from traditional internal combustion engines that use crankshafts. This shift requires companies in the automotive industry to adapt their production processes and invest in new technologies for electric vehicle components. Additionally, the market is also impacted by fluctuating raw material prices, global supply chain disruptions, and stringent emission regulations. Competition from international manufacturers and the need for continuous innovation to improve fuel efficiency and performance further add complexity to the landscape. Overall, navigating these challenges requires industry players to stay agile, invest in research and development, and embrace sustainability practices to remain competitive in the evolving automotive sector.
The US Automotive Crankshaft Market presents various investment opportunities due to the increasing demand for automobiles and advancements in engine technologies. Investors can consider opportunities in manufacturing companies that specialize in producing high-quality crankshafts to meet the growing demand from the automotive sector. Additionally, investing in research and development of innovative crankshaft materials and designs can provide a competitive edge in the market. Furthermore, there is potential for investments in companies focusing on sustainable and eco-friendly crankshaft manufacturing processes to align with the industry`s shift towards environmental sustainability. Overall, the US Automotive Crankshaft Market offers opportunities for investors to capitalize on the market`s growth by targeting key areas such as manufacturing, technology innovation, and sustainability.
Government policies related to the US Automotive Crankshaft Market primarily focus on regulations for emissions control and fuel efficiency standards set by agencies such as the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA). These regulations drive innovation in crankshaft technology to meet stricter environmental requirements and improve overall vehicle performance. Additionally, trade policies and tariffs on automotive components, including crankshafts, impact the competitiveness of domestic manufacturers in the global market. Government support for research and development initiatives in the automotive industry also influences the market landscape for crankshaft manufacturers in the US, encouraging advancements in material technology and manufacturing processes to enhance product quality and efficiency.
The United States Automotive Crankshaft Market is poised for steady growth in the coming years, driven by factors such as increasing vehicle production, technological advancements, and a growing demand for fuel-efficient vehicles. The market is expected to benefit from the rising trend of electric vehicles, which require specialized crankshafts for their unique powertrains. Additionally, a shift towards lightweight materials and the adoption of advanced manufacturing techniques are likely to fuel innovation and expansion in the market. With a focus on sustainability and performance, automotive manufacturers are expected to invest in research and development to meet evolving consumer preferences. Overall, the US Automotive Crankshaft Market is anticipated to experience positive growth opportunities and remain a key segment within the automotive industry.
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 United States (US) Automotive Crankshaft Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Automotive Crankshaft Market - Industry Life Cycle |
3.4 United States (US) Automotive Crankshaft Market - Porter's Five Forces |
3.5 United States (US) Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 United States (US) Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 United States (US) Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 United States (US) Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Automotive Crankshaft Market Trends |
6 United States (US) Automotive Crankshaft Market, By Types |
6.1 United States (US) Automotive Crankshaft Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automotive Crankshaft Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 United States (US) Automotive Crankshaft Market Revenues & Volume, By Forged steel, 2021-2031F |
6.1.4 United States (US) Automotive Crankshaft Market Revenues & Volume, By Cast iron/steel, 2021-2031F |
6.1.5 United States (US) Automotive Crankshaft Market Revenues & Volume, By Machined billet, 2021-2031F |
6.2 United States (US) Automotive Crankshaft Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automotive Crankshaft Market Revenues & Volume, By Flat Plane, 2021-2031F |
6.2.3 United States (US) Automotive Crankshaft Market Revenues & Volume, By Cross Plane, 2021-2031F |
6.3 United States (US) Automotive Crankshaft Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automotive Crankshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 United States (US) Automotive Crankshaft Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 United States (US) Automotive Crankshaft Market Import-Export Trade Statistics |
7.1 United States (US) Automotive Crankshaft Market Export to Major Countries |
7.2 United States (US) Automotive Crankshaft Market Imports from Major Countries |
8 United States (US) Automotive Crankshaft Market Key Performance Indicators |
9 United States (US) Automotive Crankshaft Market - Opportunity Assessment |
9.1 United States (US) Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 United States (US) Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 United States (US) Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 United States (US) Automotive Crankshaft Market - Competitive Landscape |
10.1 United States (US) Automotive Crankshaft Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |