Wankel Engines Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Rotary engines are the type of internal combustion engines and these types of engines had an odd number of cylinders which are arranged in a radial configuration. In this type of engine, the crankshaft stays stationary at the time of operation along with crankcase and the cylinder attached rotate as a single unit. In automotive industry the wankel engines also known as rotary engines and are commonly used by many manufacturers. The key market drivers for the wankel engines market are, decreasing prices of retail gasoline along with technological advancement in automobile sector.
MARKET SCOPE
The "Global Wankel Engines Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wankel engines market with detailed market segmentation by product, application, and geography. The report provides key statistics on the market status of the leading wankel engines market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global wankel engines market is segmented into water cooled and air cooled.
- On the basis of application, the market is segmented into aircraft engines, unmanned aerial vehicle.
MARKET DYNAMICS
Drivers:
- The key market drivers for wankel engines market are, decreasing prices of retail gasoline, technological advancements in automobile sector, growing popularity and demands for cars along with increasing sales volume of high-performance cars.
- Additionally, the merits of wankel engines over other conventional reciprocating engines are expected to fuel the market growth during the forecast period.
Restraints:
- Issues such as, leakage of fuel air mixture to rotor seals can be a serious threat to the combustion process is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The wankel engines market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wankel engines market in these regions.
IMPACT OF COVID-19 ON WANKEL ENGINES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The wankel engines market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wankel engines market in these regions.
IMPACT OF COVID-19 ON WANKEL ENGINES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the wankel engines market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from wankel engines market are anticipated to lucrative growth opportunities in the future with the rising demand for wankel engines in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wankel engines market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AIXRO GmbH
- Austro Engine
- Barnard Microsystems Ltd.
- LiquidPiston
- ENGIRO GmbH
- 3W International GmbH
- Gerhard Geiger GmbH and Co. KG
- Sky Power GmbH
- UAV Engines LTD
- Wankel Supertec GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wankel Engines Market - By Product
1.3.2 Wankel Engines Market - By Application
1.3.3 Wankel Engines Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WANKEL ENGINES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. WANKEL ENGINES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. WANKEL ENGINES MARKET - GLOBAL MARKET ANALYSIS
6.1. WANKEL ENGINES - GLOBAL MARKET OVERVIEW
6.2. WANKEL ENGINES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WANKEL ENGINES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. WATER COOLED
7.3.1. Overview
7.3.2. Water Cooled Market Forecast and Analysis
7.4. AIR COOLED
7.4.1. Overview
7.4.2. Air Cooled Market Forecast and Analysis
8. WANKEL ENGINES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AIRCRAFT ENGINES
8.3.1. Overview
8.3.2. Aircraft Engines Market Forecast and Analysis
8.4. UNMANNED AERIAL VEHICLE
8.4.1. Overview
8.4.2. Unmanned Aerial Vehicle Market Forecast and Analysis
9. WANKEL ENGINES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Wankel Engines Market Overview
9.1.2 North America Wankel Engines Market Forecasts and Analysis
9.1.3 North America Wankel Engines Market Forecasts and Analysis - By Product
9.1.4 North America Wankel Engines Market Forecasts and Analysis - By Application
9.1.5 North America Wankel Engines Market Forecasts and Analysis - By Countries
9.1.5.1 United States Wankel Engines Market
9.1.5.1.1 United States Wankel Engines Market by Product
9.1.5.1.2 United States Wankel Engines Market by Application
9.1.5.2 Canada Wankel Engines Market
9.1.5.2.1 Canada Wankel Engines Market by Product
9.1.5.2.2 Canada Wankel Engines Market by Application
9.1.5.3 Mexico Wankel Engines Market
9.1.5.3.1 Mexico Wankel Engines Market by Product
9.1.5.3.2 Mexico Wankel Engines Market by Application
9.2. EUROPE
9.2.1 Europe Wankel Engines Market Overview
9.2.2 Europe Wankel Engines Market Forecasts and Analysis
9.2.3 Europe Wankel Engines Market Forecasts and Analysis - By Product
9.2.4 Europe Wankel Engines Market Forecasts and Analysis - By Application
9.2.5 Europe Wankel Engines Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Wankel Engines Market
9.2.5.1.1 Germany Wankel Engines Market by Product
9.2.5.1.2 Germany Wankel Engines Market by Application
9.2.5.2 France Wankel Engines Market
9.2.5.2.1 France Wankel Engines Market by Product
9.2.5.2.2 France Wankel Engines Market by Application
9.2.5.3 Italy Wankel Engines Market
9.2.5.3.1 Italy Wankel Engines Market by Product
9.2.5.3.2 Italy Wankel Engines Market by Application
9.2.5.4 United Kingdom Wankel Engines Market
9.2.5.4.1 United Kingdom Wankel Engines Market by Product
9.2.5.4.2 United Kingdom Wankel Engines Market by Application
9.2.5.5 Russia Wankel Engines Market
9.2.5.5.1 Russia Wankel Engines Market by Product
9.2.5.5.2 Russia Wankel Engines Market by Application
9.2.5.6 Rest of Europe Wankel Engines Market
9.2.5.6.1 Rest of Europe Wankel Engines Market by Product
9.2.5.6.2 Rest of Europe Wankel Engines Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Wankel Engines Market Overview
9.3.2 Asia-Pacific Wankel Engines Market Forecasts and Analysis
9.3.3 Asia-Pacific Wankel Engines Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Wankel Engines Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Wankel Engines Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Wankel Engines Market
9.3.5.1.1 Australia Wankel Engines Market by Product
9.3.5.1.2 Australia Wankel Engines Market by Application
9.3.5.2 China Wankel Engines Market
9.3.5.2.1 China Wankel Engines Market by Product
9.3.5.2.2 China Wankel Engines Market by Application
9.3.5.3 India Wankel Engines Market
9.3.5.3.1 India Wankel Engines Market by Product
9.3.5.3.2 India Wankel Engines Market by Application
9.3.5.4 Japan Wankel Engines Market
9.3.5.4.1 Japan Wankel Engines Market by Product
9.3.5.4.2 Japan Wankel Engines Market by Application
9.3.5.5 South Korea Wankel Engines Market
9.3.5.5.1 South Korea Wankel Engines Market by Product
9.3.5.5.2 South Korea Wankel Engines Market by Application
9.3.5.6 Rest of Asia-Pacific Wankel Engines Market
9.3.5.6.1 Rest of Asia-Pacific Wankel Engines Market by Product
9.3.5.6.2 Rest of Asia-Pacific Wankel Engines Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Wankel Engines Market Overview
9.4.2 Middle East and Africa Wankel Engines Market Forecasts and Analysis
9.4.3 Middle East and Africa Wankel Engines Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Wankel Engines Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Wankel Engines Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Wankel Engines Market
9.4.5.1.1 South Africa Wankel Engines Market by Product
9.4.5.1.2 South Africa Wankel Engines Market by Application
9.4.5.2 Saudi Arabia Wankel Engines Market
9.4.5.2.1 Saudi Arabia Wankel Engines Market by Product
9.4.5.2.2 Saudi Arabia Wankel Engines Market by Application
9.4.5.3 U.A.E Wankel Engines Market
9.4.5.3.1 U.A.E Wankel Engines Market by Product
9.4.5.3.2 U.A.E Wankel Engines Market by Application
9.4.5.4 Rest of Middle East and Africa Wankel Engines Market
9.4.5.4.1 Rest of Middle East and Africa Wankel Engines Market by Product
9.4.5.4.2 Rest of Middle East and Africa Wankel Engines Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Wankel Engines Market Overview
9.5.2 South and Central America Wankel Engines Market Forecasts and Analysis
9.5.3 South and Central America Wankel Engines Market Forecasts and Analysis - By Product
9.5.4 South and Central America Wankel Engines Market Forecasts and Analysis - By Application
9.5.5 South and Central America Wankel Engines Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Wankel Engines Market
9.5.5.1.1 Brazil Wankel Engines Market by Product
9.5.5.1.2 Brazil Wankel Engines Market by Application
9.5.5.2 Rest of South and Central America Wankel Engines Market
9.5.5.2.1 Rest of South and Central America Wankel Engines Market by Product
9.5.5.2.2 Rest of South and Central America Wankel Engines Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WANKEL ENGINES MARKET, KEY COMPANY PROFILES
11.1. AIXRO GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AUSTRO ENGINE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BARNARD MICROSYSTEMS LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LIQUIDPISTON
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ENGIRO GMBH
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. 3W INTERNATIONAL GMBH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GERHARD GEIGER GMBH AND CO. KG
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SKY POWER GMBH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. UAV ENGINES LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WANKEL SUPERTEC GMBH
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AIXRO GmbH
2. Austro Engine
3. Barnard Microsystems Ltd.
4. LiquidPiston
5. ENGIRO GmbH
6. 3W International GmbH
7. Gerhard Geiger GmbH and Co. KG
8. Sky Power GmbH
9. UAV Engines LTD
10. Wankel Supertec GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.