Two-Wheeler Crankshaft Market 2025-2035
The Two-Wheeler Crankshaft Market is projected to grow from USD 4,310.9 million in 2025 to USD 6,938.4 million by 2035, reflecting a steady CAGR of 4.5% over the forecast period. This growth is fueled by rising two-wheeler production, advancements in crankshaft technologies, and increasing demand for fuel-efficient and durable vehicles across emerging economies.
Key Market Insights for Two-Wheeler Crankshaft Market
Market Drivers
- Rising Demand for Two-Wheelers: The affordability and utility of motorcycles and scooters, especially in densely populated urban areas across Asia and Africa, are major growth drivers.
- Technological Advancements in Forging Processes: Manufacturers are adopting advanced forging techniques to produce lightweight and durable crankshafts, improving engine efficiency while meeting stringent emission norms like Euro 6 and BS-VI.
- Focus on Fuel Efficiency: Increasing consumer preference for lightweight components, such as forged steel crankshafts, enhances fuel efficiency and aligns with global sustainability goals.
Market Breakdown by Segment for Two-Wheeler Crankshaft Market
By Two-Wheeler Type:
- Motorcycles (70% Market Share): Driven by their dominance in emerging markets such as India and Indonesia.
- Scooters (30% Market Share): Popular for urban commuting due to compact designs and low emissions.
By Material Composition:
- Forged Steel (52.5% Market Share): Favored for its high fatigue resistance and durability.
- Billet Steel and Cast Iron: Cater to cost-sensitive regions with limited use in high-performance engines.
By Manufacturing Process:
- Forging (60% Market Share): The preferred process for producing durable, lightweight crankshafts.
- Casting and Hybrid Processes: Used in low-cost applications.
| Segment | 2025 Value (USD Million) | 2035 Value (USD Million) | CAGR (2025–2035) |
| Motorcycles | 3,017.6 | 4,856.9 | 4.8% |
| Scooters | 1,293.3 | 2,081.5 | 4.1% |
Regional Insights for Two-Wheeler Crankshaft Market
Asia-Pacific (55% Market Share in 2025)
- Key Drivers: Rising urbanization and growing disposable incomes in India, China, and Indonesia.
- Growth Trends: India leads the market with a projected CAGR of 7.5%, driven by increased reliance on affordable mobility solutions.
North America (15% Market Share)
- Focus: High demand for premium motorcycles and adventure bikes boosts the need for durable crankshafts.
- Growth Trends: The U.S. market is expected to grow at a CAGR of 2.5%, fueled by recreational vehicle usage.
Europe
- Focus: Stringent emission regulations and advanced technologies drive the market for lightweight crankshafts.
Key Market Trends for Two-Wheeler Crankshaft Market
- Adoption of Lightweight Materials: The transition to lightweight crankshafts using forged steel and aluminum alloys reduces fuel consumption and emissions.
- Technological Innovations: Advanced precision forging and hybrid machining techniques are improving product durability and efficiency.
- Sustainability Initiatives: Focus on compliance with global emission norms like Euro 6 drives demand for eco-friendly crankshaft designs.
Challenges
- Raw Material Price Volatility: Fluctuations in steel and cast iron prices increase production costs, affecting profit margins.
- Supply Chain Disruptions: Post-COVID disruptions and geopolitical tensions have created challenges in material procurement.
Competitive Landscape for Two-Wheeler Crankshaft Market
Leading players like Musashi Seimitsu Industry Co., Schaeffler Group, JTEKT Corporation, and BorgWarner Inc. dominate the market with innovative products and strategic partnerships.
| Company | Market Share (%) | Key Initiatives |
| Musashi Seimitsu | 22% | Focus on lightweight forged crankshafts. |
| Schaeffler Group | 18% | Developed hybrid crankshaft designs. |
| JTEKT Corporation | 15% | Expanded production in Asia-Pacific. |
FAQs for Two-Wheeler Crankshaft Market Industry
- What is the projected market size by 2035?
The market is expected to reach USD 6,938.4 million by 2035. - Which segment dominates the market?
Motorcycles hold the largest share, driven by high demand in emerging economies. - What drives the market’s growth?
Rising two-wheeler production, advancements in forging technology, and emission regulations are key drivers. - Which region leads the market?
Asia-Pacific dominates with a 55% market share, fueled by increased two-wheeler usage.
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