Types of Crankshaft

Learn about crankshafts used in engines worldwide, their unique characteristics, and how they impact engine performance. Our informative articles provide insights you won't want to miss! Improve your engine knowledge today.

According to a recent market research report, the global market for crankshafts used in engines is expected to grow significantly in the coming years. The market is forecast to expand at a steady CAGR of over 4.5% from 2021 to 2026. Increasing demand for high-performance engines, strict regulations on emissions, and the growing need for fuel-efficient vehicles are among the key factors driving market growth.

Crankshafts are an essential component of internal combustion engines, which convert chemical energy from fuel into mechanical energy for propulsion. In simple terms, a crankshaft is a rotating shaft that takes the reciprocating motion of the pistons and turns it into rotary motion that powers the vehicle. A crankshaft must be durable, lightweight, and capable of withstanding high levels of stress and friction.

The market for crankshafts is segmented based on material type, engine type, application, and geography. The most commonly used materials for crankshafts are cast iron, steel, and forged steel. Cast iron crankshafts are usually used in low to medium power engines, while forged steel crankshafts are preferred for high-performance applications. Steel crankshafts are also used in various heavy-duty applications.

In terms of engine type, the market is segmented into gasoline, diesel, and alternative fuel engines. Gasoline engines are currently the dominant segment, accounting for around 60% of the market share. However, diesel engines are gaining popularity due to their fuel efficiency and lower emissions. Alternative fuel engines, such as hybrid and electric engines, are also gaining traction, although they require a different type of crankshaft.

The market for crankshafts is also segmented based on application, including passenger cars, commercial vehicles, construction equipment, and others. Passenger cars are the largest application segment, accounting for nearly 50% of the market share. Commercial vehicles, including trucks, buses, and heavy-duty vehicles, are expected to grow at a higher rate due to increasing infrastructure development and economic growth.

Geographically, Asia Pacific is the largest market for crankshafts, accounting for over 40% of the market share. The region is a hub for automotive manufacturing and has a large consumer base for automobiles. Europe and North America are other major markets, with a high demand for high-performance vehicles.

One of the recent market trends is the increasing use of lightweight materials for crankshafts, such as aluminum and magnesium alloys. These materials offer improved fuel efficiency and reduced emissions, making them popular among automakers. Another trend is the adoption of 3D printing technology for manufacturing crankshafts, which offers greater design flexibility and reduced lead times.

In conclusion, the global market for crankshafts used in engines is expected to grow at a steady rate in the coming years, driven by increasing demand for high-performance engines and sustainable vehicles. The market is highly competitive, with a large number of global and regional players offering a wide range of products. As the demand for lightweight and sustainable materials grows, it will be interesting to see how the market evolves and adapts to these changes.