South Korea Automotive Crankshaft Market Size & Outlook, 2026-2034
South Korea Automotive Crankshaft Market Insights
- As highlighted in Reed Intelligence analysis, the South Korea Automotive Crankshaft Market, worth USD 34.65 Million in 2025, is forecasted to achieve USD 41.13 Million by 2034.
- The South Korea market is anticipated to grow at a CAGR of 2.02% during the period 2026–2034.
- By 2025, Heavy Commercial Vehicles (HCVs) represented the largest share of the By Vehicle Type market size.
- Others is expected to remain the key growth driver within By Vehicle Type, registering the fastest CAGR during the forecast period.
Source: RI Analysis Company Publications, Primary Interviews.
Other Key Findings
- South Korea accounted for 1.07% of the global Automotive Crankshaft Market size in 2025.
- By 2034, United States is expected to remain the top global market in terms of size.
- Within Asia Pacific, China is forecasted to dominate the regional Automotive Crankshaft Market size by 2034.
- India will be the fastest-growing market in Asia Pacific, projected to achieve USD 173.3 Million by 2034.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 34.65 Million |
| Market Size In 2034 | USD 41.13 Million |
| Largest segment | Heavy Commercial Vehicles (HCVs) |
| Units | Revenue in USD Million |
| CAGR | 2.02% (2026-2034) |
| Segmnetation Covered | |
| By Vehicle Type |
|
| By Crankshaft Type |
|
| By Material |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Korea Automotive Crankshaft Market By Vehicle Type 2026-2034 (USD Million)
| By Vehicle Type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Heavy Commercial Vehicles (HCVs) | XX.x | XX.x | XX.x | 10.68 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Light Commercial Vehicles (LCVS) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| SUVs | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| MUVs | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Passenger Vehicles | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Others | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South Korea Automotive Crankshaft Market By Crankshaft Type 2026-2034 (USD Million)
| By Crankshaft Type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Flat Plane | XX.x | XX.x | XX.x | 19.22 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cross Plane | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South Korea Automotive Crankshaft Market By Material 2026-2034 (USD Million)
| By Material | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Forged Iron/Steel | XX.x | XX.x | XX.x | 15.6 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cast Iron/Steel | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Others | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.