Automotive Crankshaft Market to Grow 3.92% Between 2016 & 2020 - Key Vendors are Arrow Precision, Tianrun & ThyssenKrupp
F-DIESEL 3/29/2016 6:47:55 PM
The global automotive crankshaft market is expected to grow at a CAGR of 3.92% during the period 2016-2020.
A
crankshaft follows a simple mechanism. Combustion in the
engine causes pistons to move up and down; this energy is transferred to
crankshafts through connecting rods that are attached to the crankshaft-bearing surface, called a crank pin.
Crankshafts convert the reciprocating motion of pistons to rotatory movement, thereby providing the power necessary to spin the wheels.
Crankshafts are generally made of cast iron/steel and forged steel. Billet-machined processes are used to make
crankshafts for high power engines used in racing cars and heavy-duty vehicles.
According to the report, Decline in steel prices is one of the major growth drivers of the market.
Automotive crankshafts are generally made from forging steel or cast iron. Steel is a preferred material in the manufacturing of
automotive crankshafts since steel has better performance in compression, tension, and shear. In addition, steel is stronger than iron and retains its physical properties at high temperatures.
Further, the report states that one of the major challenges faced by the market is high costs associated with crankshaft damages.
Key vendors:
- Arrow Precision
- Maschinenfabrik ALFING Kessler
- NSI Crankshaft
- ThyssenKrupp
- Bharat Forge
- Crower
- Farndon
- Lunati Power
- Winberg Crankshafts
- F-diesel