Commercial Vehicle Crankshaft Market

Report ID: GMI13536
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Commercial Vehicle Crankshaft Market Size

The global commercial vehicle crankshaft market was valued at USD 2.3 billion in 2024 and is projected to grow at a CAGR of 5.9% between 2025 and 2034. The rising demand for commercial vehicles and the expansion of the transportation and logistics sector are propelling the market.

Commercial Vehicle Crankshaft Market

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All over the globe countries are setting 10-year zero-emission benchmarks which boost innovation for commercial vehicle technologies and have a broader impact in the automotive industry, even reaching the market for crankshafts. As commercial fleets move towards electrification and V2G integration, the need for high-performance, lightweight, and durable crankshaft systems is increasing for use in hybrid and transitional powertrains. These advancements support the broader international climate goals such as the Paris Agreement, with crankshaft producers now in a key position to provide energy efficient, low-emission mobility options.

Logistics trucks and buses which are a part of commercial fleets are increasingly embedded in the V2G infrastructure for metropolitan and industrial areas enabling them to manage peak grid loads and cut down on fossil fuel power plants. There is a consensus among experts that electric drivetrains will dominate the industry moving forward, but the current period is marked by a heavy reliance on advanced internal combustion and hybrid engines and innovation in crankshaft design enabling the reduction of emissions and improved fuel economy.

The changes in the demand for crankshaft components are a result of OEMs and Tier 1 suppliers implementing advanced lightweight alloys, precision crankshaft machining, and developing predictive maintenance techniques for commercial vehicles. At the same time, government retrofitting initiatives and grants toward less polluting heavy-duty fleets in Europe, America, and Asia shift demand in the crankshaft sector.

Although the sector is adopting crankshaft digitally harmonized with vehicle-to-grid systems, smart grid interfacing, and other digitalization initiatives, hybrid and range-extended electric commercial vehicles still heavily rely on crankshafts. The automotive industry's shift toward cleaner transportation solutions is marked by the evolution of these components and by the adoption of legacy parts into clean and intelligent powertrain systems.

Commercial Vehicle Crankshaft Market Trends

  • With the surge in adoption of hybrid commercial vehicles into school buses, municipal fleets, and last mile logistics, OEMs throughout the U.S. are honing crankshaft structures for better endurance and lower rotational mass. Since these hybrid systems still incorporate internal combustion engines, high output crankshafts are indispensable during the transition to full electrification. 
  • Within EU initiatives like Green Deal and Euro VII standards, truck and van manufacturers from Europe are moving towards mild hybrid diesel and compressed natural gas (CNG) platforms. These other are lessens require highly advanced crankshafts which withstand deep sea environments, particularly for high-efficiency engine start-stop operation and regenerative brake cycles. 
  • Japan’s commercial vehicles are seeing a boom with demand for compact and lightweight crankshafts that support engine downsizing for torque performance. The changes are being driven by Isuzu and Hino who are expanding their hybrid powertrains. These components need to be able to function in a systems engine when electric propulsion from a backup combustion engine is employed. 
  • Advanced machining processes, such as forged steel alloys and fracture-split designs, are being proposed by crankshaft suppliers in response to South Korean firms like Hyundai and Kia integrating smart vehicle technologies to light commercial fleets. These changes are directed towards lowering emissions and improving fuel economy in urban delivery vehicles.
  • With California and other progressive states implementing emission funding for zero-emission commercial fleets, there is a retrofit market appearing simultaneously for older fleets. This encompasses retrofitting lower emission and high efficiency diesel hybrid crankshaft assemblies, particularly for vocational trucks and urban delivery service vehicles. 
  • Other OEM leaders like Daimler, MAN, and Volkswagen are pioneering modular crankshaft systems for specific engine types and sizes for trucks and buses. These systems are adaptable to internal combustion due to the presence of transitionary and export-centric markets. 
  • Initiatives are being taken to deploy hybrid electric buses with ICE support for range in Delhi, Mumbai, and Bangalore. Tenders sponsored by the government have resulted in a spike in demand for high-strength, cost-optimized crankshafts designed to endure heavy-duty stop-start driving in highly congested urban areas. 
  • Next-gen crankshafts designed for cyclic start-stop and regenerative energy loads support China’s dual-mode commercial vehicles, particularly in their intercity and utility fleets. These are supplied by Foton and BYD, whose exports are starting to meet global reliability and compliance standards alongside Chinese standards, leading to increased demand from ranks of commercial vehicle manufacturers.

Trump Administration Tariff

  • During the Trump presidency, the levies placed on imported steel, aluminum, and auto parts might compel changes to the cost structure of crankshaft manufacturing in the United States. Since crankshafts straddle the upper limits of class A high strength forged or cast steel, their routing machining operations make use of sectors such as the EU or China or Japan. Therefore, price fluctuations in the raw materials region bring considerable disruption in the production budget and other procurement planning paradigms set up by both domestic and international suppliers.
  • With respect to the advanced processes of crankshaft manufacturing, imported CNC machines, heat treatment systems, and surface finishing tools from Germany, South Korea, and Japan are critical to the processes. The increase in the indirect tariff on this high precision system will escalate the Capital Expenditure and the sandbox of crankshaft suppliers which in turn retard innovation in the design of low emission commercial vehicles and lightweight or low friction components.
  • The retaliatory levies imposed by the global partners will have an impact on the Gulf region. United States which export crankshafts as well as engine components parts which are fitted in commercial vehicles platforms. The European Union and China markets improved terms of these policies and drove OEMs to shift towards counter regional supply chains, thus leading to international marriage part and exhaust long term supply contracts.

Commercial Vehicle Crankshaft Market Analysis

Commercial Vehicle Crankshaft Market, By Crankshaft, 2022 - 2034 (USD Billion)
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Based on crankshaft, the commercial vehicle crankshaft market is divided into flat plane, cross plane, and modular. In 2024, the cross-plane segment dominated the market accounting for around 59.4% share and is expected to grow at a CAGR of over 6.5% during the forecast period.

  • Due to their powerful torque delivery, superior balance, and compatibility with heavy-duty internal combustion and hybrid engines, commercial vehicle cross plane crankshaft is expected to maintain prominence in the revenue generation to cross plane crankshaft market. Their ability to sustain a fight with powertrain durability during excessive power train high load conditions is why they are vital for trucks, industrial buses and fleets traversing on rough terrain.
  • Cross-plane crankshafts have proven effectiveness in V6 and V8 diesel engines, so they are in high demand for regions with active commercial freight and construction. Industrial long-haul freight trucks, mining vehicles, vocational fleet equipment are some of the segments where cross plane crankshaft are used as mechanical reliability and torque take the utmost priority.
  • Bound to region specific Original Equipment Manufacturers like Cummins, Volvo, Daimler still use advanced cross-plane crankshaft architectures into new generation engines that use Euro VII and EPA 2027 emission standards. These designs use advanced cross-plane crankshaft structures which are provided with admirable strength rigidity for optimal firing order which shield from destruction tremors and vibration enabling improving engine lifespan and commercial setting comforts alongside better driver console.
  • As governments and private fleets scale up hybrid commercial vehicles, especially in delivery, refuse, and municipal services, cross-plane crankshafts play a critical role in supporting parallel hybrid engine layouts, where engine-on demand performance is needed for regenerative braking, torque boosts, or load-bearing scenarios.
  • Due to the cross-plane crankshaft’s superior thermal and mechanical fatigue resistance, utility and transit programs favor engines using this layout in fleet upgrades and retrofits. These crankshafts also align well with biofuel-compatible and low-NOx engines, giving them longevity in decarbonization roadmaps.
  • Compared to flat-plane or inline configurations, the cross-plane segment has surged in market share because of its low NVH (Noise, Vibration, Harshness) profile and ability to handle high displacement, high-compression engines—features critical for large commercial vehicles transitioning to cleaner powertrains but still dependent on combustion efficiency.
  • This dominance corresponds with global efforts to balance electrification goals with the reality of existing commercial fleets, making cross-plane crankshafts a backbone in the transformation toward cleaner, more efficient, and hybrid-compatible heavy vehicle engines.

 

Commercial Vehicle Crankshaft Market Revenue Share, By Sales Channel, 2024
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Based on sales channel, the commercial vehicle crankshaft market is segmented into OEM and aftermarket. In 2024, the OEM segment dominates the market with 69.4% market share and the segment is expected to grow at a CAGR of over 6.8% from 2025 to 2034.

  • The OEM segment keeps leading the commercial vehicle crankshaft market owing to the crankshaft’s integration as a component within new generation heavy-duty engines which are designed to maximize performance, efficiency, fuel consumption, and regional compliance to emissions standards. 
  • Major suppliers of crankshafts are collaborating with leading truck and engine makers to develop tailored, specific crankshaft configurations that interface with the powertrain’s torque profile and duty cycle. This OEM fitment paradigm guarantees integration into the engine architecture to minimize losses and improve drivetrain robustness. 
  • For example, the likes of Daimler, Volvo Trucks, and PACCAR have cross forged crankshafts amongst major OEMs fabricate alongside tailored propulsive hybridization schemes that enable enduring haul motion while hybridization facilitates longevity under substantial thermal and mechanical strain. 
  • The placed technology of medium and heavy-duty commercial vehicles paired with sophisticated emission control systems renders crankshafts devoid of OEM fittings fettered to bearing higher combustion pressure with variable engine speed, substantiating the claim that OEM fitted crankshafts define the lifespan of a powertrain and its fleet dependability.
  • Crankshafts of smart fleet systems and autonomous truck frameworks and those rationed to adaptive engine management systems see heightened use if fixed at the OEM level in Europe and Asia pacific where the transport sector is undergoing commercial decarbonization and digital transformation.
  • The transition of logistics hubs and industrial centers to cleaner forms of mobility allows for the OEM-installed crankshafts to cradle the internal combustion engine’s future by accommodating low carbon fuels such as LNG and biofuels, as well as allowing hybridization. This prolongs the life of internal combustion engines in areas with slower electrification plans.
  • As fleet drives shift under national sustainability policies, OEM-supported crankshafts will be essential for advancing clean diesel and hybrid commercial vehicles, considering the minimal aftermarket enhancement that is bound to be made while adhering to robust manufacturing and quality control guidelines.

Based on material, the commercial vehicle crankshaft market is segmented into forged steel, cast iron/steel, and machined billet. Forged steel is expected to dominate as it is stronger and more resistant to fatigue, and stress compared to cast or billet options.

  • The dominant part in the Commercial Vehicle Crankshaft Market is the Forged Steel Crankshaft Segment because of its unparalleled strength, fatigue resistance, and capacity to endure heavy loads and torque associated with commercial grade engines.
  • Industrial vehicle OEM’s, fleet operators and manufacturers focus on best forged crankshafts because of the extreme operating conditions like long-haul trucking and construction equipment where thermal stability and engine longevity matters.
  • Sharply increased usage of low emission, high output diesel hybrid commercial powertrains within government fleets, logistical contractors, and mining contractors are boosting the growth for high integrity forged crankshafts which are manufactured with precision forging and extensive metallurgical treatments.
  • In important manufacturing hubs like North America, Japan, Korea, Germany, and South Korea, forged crankshaft production is seamlessly integrated within the OEM engine subsystem design workflows alongside fractured micro-alloyed cross-forged teardrop-shaped engines optimized for the next generation of emissions controls.
  • As an example, by 2023, commercial vehicle manufacturing powerhouses such as Detroit, Stuttgart and Tokyo moved further into the forged steel crankshaft machining oilers and NDT testing mark with machining centers, indeed becoming the very genesis of ruggedized powertrain architectures for world markets. 
  • The importance of forged steel crankshafts within contemporary drivetrain systems is explained with their value in heavy-duty fleets, fulfilling uptime, structural integrity, and lifecycle value requirements for comprehensive operational standby reduction and ROI maximization. 
  • Forged crankshafts are still critical to advanced commercial vehicles in mid-levels transitioning towards more electric systems, most especially in emerging markets, because the vehicle remains propulsive regarding combustion powered engines while requiring considerable combustion force and inertial stability.

 

China Commercial Vehicle Crankshaft Market Size, 2022- 2034 (USD Million)
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In 2024, China in Asia Pacific dominated the commercial vehicle crankshaft market with around 54.2% market share and generated around USD 486.7 million revenue.

  • China has a lead over other countries in the commercial vehicle crankshaft market and China grows in that respect because of the increased demand for domestically manufactured commercial vehicles together with their vertically integrated automotive supply chains.
  • Initiatives such as New Energy Vehicle Industrial Development Plan claim to position China as the cranking powerhouse of the world while “Made in China 2025” fuels innovation in both mass-market and performance-grade crankshafts production.
  • Industrial regions like Jinan, Chongqing, and Guangzhou serve as key manufacturing hubs together with the other leading OEMs like FAW SAIC, and Dongfeng whom partnered with specialized manufacturers to create forged steel crankshafts for commercial vehicles inclusive of light duty delivery vans and even heavy-duty construction trucks.
  • Other regions are increasing exports of the region to Southeast Asia, Europe and Latin America due to investment in automated forging lines, CNC-based crankshaft machining, and quality control systems which increases the regions drive as a commercial vehicle OEM supplier for the rest of the world.

The commercial vehicle crankshaft market in U.S. is expected to experience significant and promising growth from 2025 to 2034.

  • Since the U.S. has a high capacity for production of heavy-duty vehicles, strong internal needs for vocational trucks and freight also boosts innovation in design and forging technologies, crankshaft production has remained one of the most important technological military innovations in the country.
  • With the increased spending from the Advanced Manufacturing Partnership, Bipartisan Infrastructure Law, Advanced Manufacturing Partnership and the Bipartisan Infrastructure Law, domestic commitment has birthed powerful investments to produce powertrain components, giving special value to the precision engineered requirements for commercial vehicles.
  • Consequently, in 2023, Tier-1 suppliers like Cummins, Navistar, and PACCAR are forming OEM partnerships to set forth next generation forged steel crankshafts with hybrid powered engines and clean diesel, which leads to prolific growth in crankshaft production for Ohio, Indiana, and Michigan.
  • Automated forging systems, heat treatment and metallurgical, as well as R&D bears the brunt of the growth, where the American ecosystem benefits the most as Axle and Manufacturing as well as SCAT Crankshafts, give birth to crankshafts built to withstand greater distance and load, meant for commercial fleets.
  • Under the led efforts to decarbonize the environment, U.S. hybrid powered vehicles integrate with smart fleet programs. Traditional forging done by the US turns unique hybrid cross engines into turbines and generators and applies them onto the expanding eco-friendly taskforce adaptable to new requirements of torque and hybrid powertrains.
  • The United States continues to have the upper hand when it comes to the systematic to performance-grade military and vocational crankshafts, as well as for heavy construction vehicles that are equipped with cutting edge construction grade fatigue resistant and highly stiff torsion components which are used for motors and military vehicles.
  • This combination of policies, domestic manufacturing capabilities and adaptable policies technological advances puts the US at the dartboard center of commercial crankshaft development dominance while simultaneously fortifying the country’s international market designated advanced vehicular engines.

The commercial vehicle crankshaft market in the Germany is expected to experience significant and promising growth from 2025 to 2034.

  • Germany is set to become an international powerhouse in the commercial vehicle crankshaft market due to its legacy in precision engineering, advanced research in metallurgy, and comprehensive integration of powertrain manufacturing in the automotive and industrial machinery industries. 
  • Fueled by industrial powerhouses such as Bavaria, Baden-Wurttemberg, and North-Rhine Westphalia, Germany is at the forefront of industrial high-performance forged steel crankshaft development, which is aligned with the country’s industrial commitment to decarbonization and next-gen engine optimization due to the Climate Action Program 2030. 
  • In 2023, Germany's OEMs like Daimler Truck, MAN, and Volkswagen Commercial Vehicles joined forces with Tier-1 suppliers of Mahle, Thyssen Krup and Hirschvogel Automotive Group to build diesel, LNG, and OL commercial vehicle platform specific crankshafts enhancing efficiency, durability, and EU emission compliance. 
  • The development of smart forging cells, digital inspection systems, and predictive wear simulation of Industry 4.0, alongside German decentralized control system encourages bespoke, lightweight crankshaft manufacturing for efficient servicing responsive fleets in commercial construction and municipal services.
  • The Stuttgart and Leipzig innovation clusters in Germany are deploying CNC machining and digital twin modeling powered by AI to optimize crankshaft geometry with very rigid material waste, torque, and fatigue resistance boundaries—all governed within sustainable powertrain engineering frameworks.
  • Germany's leadership in the crankshaft market stems from a blend of precision component craftsmanship, international market presence, and eco-friendly innovation. This enables Germany to set the standards for commercial vehicle enduring performance porch-styled crankshafts alongside shifting industry dynamics. 
  • Germany’s combination of precision luxury engineering with scalable industrialized production strengthens order of importance as tech and business nodes of crankshaft innovation. This is especially true as commercial vehicle platforms evolve toward hybridization and greater thermal efficiency due to tightening worldwide emission requirements.

The commercial vehicle crankshaft market in UAE is expected to experience significant and promising growth from 2025 to 2034.

  • The rapid growth of UAE’s infrastructure, construction sectors, as well as their existing logistics hubs is allowing them to establish themselves in the Middle Eastern commercial vehicle crankshaft as a new emerging market. In addition to this, their strong position as a regional manufacturing and re-export business adds value.
  • UAE is making great strides in spending on propelling domestic industrial production, particularly in automotive parts like forged and machined crankshafts for heavy commercial vehicles operating in ports, oilfields, and transport corridors, which is part of the Make it in the Emirates initiative.
  • Regions like Abu Dhabi’s ICAD and Dubai Industrial City are home to leading power and precision forging experts who are using tax benefits, unrestricted trade, and developed logistics of the UAE to boost the region’s manufacturing and exports of region-specific precision-made crankshafts.
  • The new expansion of existing programs aimed at modernizing heavy-duty vehicles in UAE includes upgrades on government supported fleet renewals within Sharjah, Al Ain, and Abu Dhabi. The expansion involves new drivetrain configurations along with locally manufactured and machined Euro VI compliant thermal endurance crankshafts for the GCC.
  • Smart machining centers, automated forging lines, and AI defect detection systems are being acquired by leading national and international companies to aid in the construction of high-performance crankshafts for use in construction, defense logistics, and cross-border freight, which are currently experiencing immense growth.
  • Organizations like Khalifa University have partnered with Emirates Development Bank to set up applied research and vocational training centers focused on advanced metallurgy and automotive component manufacturing, thus furthering the UAE’s goal of being an innovative commercial-grade crankshaft production hub in the region.
  • Combined with their support of industrial policies, high-tech manufacturing fostering regions, and logistics dominance, the UAE has stepped up as a key developer of the next generation of MENA and global heavy-duty vehicle crankshaft and powertrain technologies.

Commercial Vehicle Crankshaft Market Share

  • The top 7 companies in the commercial vehicle crankshaft industry are thyssenkrupp AG, Bharat Forge, Crower Cams & Equipment, Kellogg Crankshaft Company, Tianrun Industrial Technology Co., Ltd, Rheinmetall AG, and NSI Crankshaft who contribute around 27% of the market in 2024.
  • With sophisticated precision forging and machining plants located in Germany and Mexico, thyssenkrupp AG maintains its leading position in the global commercial vehicle crankshaft market. In 2024, the company’s expansion of the heavy-duty crankshaft line for Euro VI and Euro VII compliant engines, specially tailored for freight and commercial haulage vehicles, incorporated additional targets in North America and Europe.
  • Bharat Forge fortified its hold over the global market for commercial crankshafts by adding an advanced range of forged steel crankshafts with improved fatigue life and heat treatment for high horsepower class trucks and construction vehicles, enabling it to rank among the largest global players. The company’s R&D unit worked jointly with Indian OEMs to develop low torque, high power electric and hybrid commercial vehicle crankshafts for mid drive units.
  • Expanding its specialty performance components, Crower Cams & Equipment added billet steel heavy-duty crankshafts for Class 8 trucks and off-road commercial vehicles in the U.S. in 2024. The company’s newest crankshaft models feature torsional vibration minimization using CNC-based harmonics torsional vibration analysis.
  • First Tier’s Kelogg Crankshaft Company invested in North America OEMs agriculture and Military vehicles serving them with inline metallurgy and quality diagnostics ovens. In early 2024, Kellogg invested in US Tier-1 engines with long term contracts steadied with medium and heavy commercial engine platforms demand.
  • With the help of strategic partnerships and by increasing the exports of the forged crankshafts, Tianrun Industrial Technology Co, expanded its presence in Asia-Pacific and Africa. In 2024, In Shandong, the company integrated smart forging with thermochemical reactors and launched new crankshafts for LNG powered and hybrid commercial vehicles.
  • Rheinmetall AG used its strength in defense and automotive synergies to produce the next-level light weight crankshaft for high-durable military transport trucks and heavy utility vehicles. Under Powerline Mobility initiative, the company developed assemblies with laser clad journals and enhanced hybrid forged web designs.
  • With its state-ide operations, NSI Crankshaft concentrated on market development for aftermarket and remanufacturing services of municipal buses and vocational fleet vehicles crankshafts. In 2024, NSI launched modular crankshafts designed for engine rebuilding programs targeted at aging heavy commercial fleets to help fleet operators’ lower replacement costs and prolong their service life.

Commercial Vehicle Crankshaft Market Companies

Major players operating in the commercial vehicle crankshaft industry are:

  • Bharat Forge
  • Crower Cams & Equipment
  • Kellogg Crankshaft Company
  • MAHLE
  • Nippon Steel
  • NSI Crankshaft
  • Rheinmetall
  • thyssenkrupp
  • Tianrun Industrial Technology
  • ZF Friedrichshafen

With the new requirements for emission control and other performance features, the commercial vehicles crankshafts market is changing. The use of cryogenic treatment improves forging, which greatly enhances the isothermal forging’s structural strength, stress reduction, and fuel augmentation system compatibility. All these improvements take care of the increased burden from turbocharging and downsizing engines.

To enhance precision as well as durability, Advanced OEMs are incorporating inline CMM monitoring, ultrasonic testing and digital inspection. Crankshafts are increasingly manufactured with expensive high chromium steels micro alloyed: modification from thermal treatments like conventional induction hardening and hindered nitriding due to wear resistance also improves towards advance. These advancements further provide trust in the engine and lower operational costs fleet wise.

Crankshaft manufacturing is adopting Industry 4.0 standards with the use of IoT, AI and Digital Twins for predictive maintenance and later simulated performance. Countries like the USA, Germany, India and China which serve as global centers are adopting smart eco-friendly manufacturing such as closed-loop cooling. This change signifies the emerging paradigm shift towards viewing crankshafts as imperative for performance, emissions, and fleet economics.

Commercial Vehicle Crankshaft Industry News

  • In early 2024, thyssenkrupp AG announced the expansion of its crankshaft production facility in Homburg, Germany, to meet growing demand from commercial vehicle OEMs transitioning to hybrid and alternative fuel engines. The upgrade includes new closed-die forging lines and AI-powered defect inspection units, enhancing the precision and fatigue performance of cross-plane forged crankshafts for high-load applications in Class 8 trucks.
  • In Q1 2024, Bharat Forge launched its next-gen "X-Line" forged steel crankshafts engineered for LNG and hydrogen-fueled heavy-duty engines. These crankshafts feature enhanced torsional damping properties and are designed for low-carbon powertrains under India's National Green Mobility strategy. Bharat Forge is also piloting automated forging and heat treatment systems across its Pune plant to scale up production efficiency.
  • Crower Cams & Equipment introduced a line of ultra-high-strength billet crankshafts for off-road vocational vehicles and motorsports-grade commercial engines in March 2024. Targeted at performance fleets in mining and agriculture sectors, the crankshafts are CNC-machined from 4340 steel and tested under dynamic load simulations for endurance in harsh operating environments, reinforcing Crower’s role in specialty crankshaft markets.
  • Kellogg Crankshaft Company secured a multi-year contract in February 2024 with a major North American truck OEM to supply forged crankshafts for next-generation diesel engines compliant with EPA 2027 standards. The agreement includes R&D collaboration on heat-treated nitride variants for extended duty cycles and better resistance to surface fatigue, solidifying Kellogg’s presence in the U.S. heavy truck supply chain.
  • Tianrun Industrial Technology Co., Ltd. began construction of its third forging center in Jiangsu province in 2024, aiming to boost output of high-volume crankshafts for export to European and North American commercial vehicle markets. Tianrun also revealed a strategic partnership with local steel providers to develop lightweight, high-tensile alloys tailored for Euro VII compliant engine platforms.
  • In April 2024, Rheinmetall AG unveiled its “eCrank Hybrid Series” forged crankshafts at the Hannover Commercial Vehicle Technology Expo. Designed for integrated starter-generator (ISG) compatibility, the series enables seamless application in mild hybrid commercial engines. Rheinmetall is working closely with EU-based OEMs on electrified drivetrain projects, positioning itself as a leader in future-ready crankshaft technologies.
  • NSI Crankshaft, a U.S.-based precision crankshaft manufacturer, announced the launch of its "TorqueMax" product line in January 2024, targeting vocational trucks and mid-range delivery fleet engines. The new line features stress-optimized journal profiles and high-toughness micro alloy steels. NSI also introduced digital twin simulation modeling to assess crankshaft life under varied duty cycles, enhancing reliability guarantees for fleet clients.

The commercial vehicle crankshaft market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipment (units) from 2021 to 2034, for the following segments:

Market, By Crankshaft

  • Flat Plane
  • Cross Plane
  • Modular

Market, By Material

  • Forged steel
  • Cast iron/steel
  • Machined billet

Market, By Propulsion

  • Diesel
  • Natural gas

Market, By Vehicle

  • Light Commercial Vehicles (LCV)
  • Medium Commercial Vehicles (MCV)
  • Heavy Commercial Vehicles (HCV)

Market, By Sales Channel

  • OEM
  • Aftermarket

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ANZ
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
Author: Preeti Wadhwani,
Frequently Asked Question(FAQ) :

How big is the commercial vehicle crankshaft market?+

The market size of commercial vehicle crankshaft was valued at USD 2.3 billion in 2024 and is expected to reach around USD 4.1 billion by 2034, growing at 5.9% CAGR through 2034.

What is the growth rate of the cross-plane segment in the commercial vehicle crankshaft industry?+

The cross-plane segment accounted for 59.4% of the market share in 2024.

How much is the China commercial vehicle crankshaft market worth in 2024?+

The China market of commercial vehicle crankshaft was worth over USD 486.7 million in 2024.

Who are the key players in commercial vehicle crankshaft industry?+

Some of the major players in the industry include Bharat Forge, Crower Cams & Equipment, Kellogg Crankshaft Company, MAHLE, Nippon Steel, NSI Crankshaft, Rheinmetall, thyssenkrupp, Tianrun Industrial Technology, and ZF Friedrichshafen.

Commercial Vehicle Crankshaft Market Scope

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