Crankshaft Timing Gear Market Insights Video

According to Cognitive Market Research, the global Crankshaft Timing Gear market size is USD 6481.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.

• North America held the major market share of more than 40% of the global revenue with a market size of USD 2592.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global revenue with a market size of USD 1944.36 million.
• Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 1490.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5 % from 2024 to 2031.
• Latin America market share of more than 5% of the global revenue with a market size of USD 324.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
• Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 129.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• The Inline Engines held the highest Crankshaft Timing Gear market revenue share in 2024.