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The global automotive crankshaft market accounted for USD 2.78 billion in 2018 and is expected to reach a value of USD 3.32 billion by 2026 with an anticipated CAGR of 2.25% during the forecast period, 2019u20132026.<br>
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Rising Automation and Digitization of the European Industrial Ecosystem is Expected to Drive Automotive Crankshaft Market Growth Rapidly | StraitsResearch StraitsResearch company lately announced the newest addition of a report titled, “Automotive Crankshaft Market”, into its massive repository of research reports forecast. This report estimates industry market value trends, growth trends and values, regional market growth reason, major vendors competitive level, market share between the key manufacturer, and future growth opportunity. Then, we refer to numerous primary and secondary sources for market predicting and sizing, including but not restricted to user reviews, historic market data, public financial records, and interviews with industry key vendors. The North America automotive crankshaft market is projected to witness significant market growth, backed by increasing demand from various industries such as steel, cement, automobile, and others. Globalization, digitalization, and cut-throat competition are propelling market growth in the region. The presence of companies such as NSI Crankshaft, Bryant Racing Inc., and others stimulates innovation and developments to gain a competitive edge. Prominent players in the automotive industry, such as Mercedez Benz-India and BMW Group recorded the highest volumes of annual sales worth 15,330 units and 9,800 units, respectively in 2017.
Trends in Automotive Crankshaft Market The global automotive crankshaft market accounted for USD 2.78 billion in 2018 and is expected to reach a value of USD 3.32 billion by 2026 with an anticipated CAGR of 2.25% during the forecast period, 2019–2026. Competitive Landscape Some of the major Companies in the Automotive Crankshaft Market are Bharat Forge Ltd (India), Bryant Racing Inc. (U.S.), Tianrun Crankshaft Co., Ltd (China), NSI Crankshaft (U.S.), ThyssenKrupp Crankshaft Company LLC (U.S.), Arrow Precision (U.K.), Maschinenfabrik ALFING KESSLER GmbH (Germany), Ciguenales Sanz SL (Spain), and Mahindra CIE Automotive Ltd. (India).
Segmental Insights Trends The Automotive Crankshaft Market is Segmented By Material, By Crankshaft Type and By Vehicle Type By Material: By Vehicle Type: - Forged Iron/Steel - HCVs - Cast Iron/Steel - LCVs - Others - SUVs - MUVs By Crankshaft Type: Flat Plane Cross Plane Get Full Report Toc of Automotive Crankshaft Market @ Impact of COVID-19 https://straitsresearch.com/report/automotive-crankshaft-market/toc The outbreak of the COVID-19 pandemic is expected to hinder the growth of the global UV curable inks market. The lockdown strategies and restrictions on physical movements due to the COVID-19 pandemic have significantly decreased the production of these inks due to a halt in production in other industries. Therefore, it is forecasted to severely impact the demand for UV curable inks across the globe. The market is inclined to experience demand as well as supply shocks due to temporary shutdowns of factories. Therefore, the market is expected to observe fluctuations in its demand in recent years.
Regional Insights Geographically, the Automotive Crankshaft Market is segmented into five regions. North America Europe Asia-Pacific Latin America MEA Get FREE Sample copy of Automotive Crankshaft Market @ https://straitsresearch.com/report/automotive-crankshaft-market/request-sample About Straits Research Pvt. Ltd Straits Research, we have a tendency to alter our buyers to solve the quality of assorted industries through our marketing research & Consulting Services. Our reports area unit single-point solutions for businesses to grow, evolve, and mature. Our period information assortment strategies in conjunction with ability to trace quite a million high growth niche merchandise area unit aligned together with your aims. Contact: URL – https://straitsresearch.com/ Straits Research Pvt. Ltd. Email –sales@straitsresearch.com 825 3rd Avenue, New York, NY 10022. Phone – +1 6464807505