Automotive Crankshaft Market to Grow 3.92% Between 2016 & 2020 - Key Vendors are Arrow Precision, Tianrun & ThyssenKrupp

DUBLIN, March 4, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/c4frjj/global_automotive) has announced the addition of the "Global Automotive Crankshaft Market 2016-2020" report to their offering.

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
• Tianrun
• ThyssenKrupp

Key questions answered in this report:

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by manufacturing process

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/c4frjj/global_automotive

Media Contact:

Research and Markets

Laura Wood, Senior Manager

[e-mail]

For E.S.T Office Hours Call [phone]

For U.S./CAN Toll Free Call [phone]

For GMT Office Hours Call [phone]

U.S. Fax: [phone]

Fax (outside U.S.): [phone]