Market Overview:
Wankel engines are rotary engines that use a rotor to convert pressure into rotating motion. Wankel engines are used in a variety of applications, including unmanned aerial vehicles, airplanes, and race cars. The global Wankel engine market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Some of the factors that are driving the growth of the global Wankel engine market include the increasing demand for unmanned aerial vehicles and rising fuel prices. Additionally, advancements in technology have led to the development of more efficient and powerful Wankel engines, which is further contributing to the growth of this market.
Product Definition:
Wankel engines are a type of internal combustion engine that uses a rotary motion to convert fuel into mechanical energy. Wankel engines are important because they are much smaller and lighter than other internal combustion engines, and they produce less vibration and noise.
Water Cooled:
Water-cooled Wankel engines are those that have a coolant that is kept in a tank and is constantly circulating. The purpose of this system is to keep the temperature of the engine oil at an optimum level, which helps reduce friction and wear & tear. These types of engines are commonly used in applications such as portable hand dryers, air conditioners, small pumps for irrigation purposes among others.
Air Cooled:
The air-cooled Wankel engines are the most commonly used type of rotary engine. The design is simple and compact, which makes it ideal for automobile applications. Air-cooled wankel engines have a very high power to weight ratio, making them ideal for automotive use.
Application Insights:
The unmanned aerial vehicle application segment led the global wankel engines market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to advantages such as compact size, low weight, high efficiency and greater power output among others.
The air-conditioned car was the second largest application segment that year with a share of 15.1%. Air-conditioned cars are expected to gain popularity owing to increasing temperatures across major regions including North America and Europe which may result in demand for wankel engine based vehicles over the forecast period.
Wankel engines have been gaining traction across several other applications such as marine equipment, farm machinery, construction equipment etc., since they deliver high power with low fuel consumption due to their unique design features among others which include: multiple camshafts per turn; overhead valve technology; direct injection system etc.
Regional Analysis:
Asia Pacific accounted for the largest share of over 55% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from various application areas including UAVs, drones, and airplanes. This can be attributed to growing industrialization and rising disposable income especially in developing countries such as China and India. Moreover, government initiatives encouraging domestic production are likely to boost market growth in Asia Pacific wankel engines market over the forecast period. For instance; In December 2016; The Government of India announced “Make in India†initiative which encourages manufacturing activities within its borders thus driving regional product demand further.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Rising popularity of Wankel engines in the automotive sector
- Growing demand for rotary engines in unmanned aerial vehicles (UAVs) and other applications
- Technological advancements that improve the performance and efficiency of Wankel engines
- Increasing investments in research and development to develop new applications for Wankel engines
Scope Of The Report
Report Attributes
Report Details
Report Title
Wankel Engines Market Research Report
By Type
Water Cooled, Air Cooled
By Application
Unmanned Aerial Vehicle, Airplanes
By Companies
UAV Engines, Austro Engine, LiquidPiston, Rotron Power, AIE, Mistral Engines, Aixro, Orbital Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Wankel Engines Market Report Segments:
The global Wankel Engines market is segmented on the basis of:
Types
Water Cooled, Air Cooled
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Unmanned Aerial Vehicle, Airplanes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UAV Engines
- Austro Engine
- LiquidPiston
- Rotron Power
- AIE
- Mistral Engines
- Aixro
- Orbital Power
Highlights of The Wankel Engines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water Cooled
- Air Cooled
- By Application:
- Unmanned Aerial Vehicle
- Airplanes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wankel Engines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Wankel engine is a type of internal combustion engine that uses rotary motion to power the piston. The design was patented in 1951 by Dr. Felix Wankel and has since been used in a variety of applications, including cars, motorcycles, aircraft engines and medical devices.
Some of the key players operating in the wankel engines market are UAV Engines, Austro Engine, LiquidPiston, Rotron Power, AIE, Mistral Engines, Aixro, Orbital Power.
The wankel engines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wankel Engines Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wankel Engines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wankel Engines Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wankel Engines Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wankel Engines Market Size & Forecast, 2020-2028 4.5.1 Wankel Engines Market Size and Y-o-Y Growth 4.5.2 Wankel Engines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Water Cooled
5.2.2 Air Cooled
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Unmanned Aerial Vehicle
6.2.2 Airplanes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wankel Engines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wankel Engines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Water Cooled
9.6.2 Air Cooled
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Unmanned Aerial Vehicle
9.10.2 Airplanes
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Water Cooled
10.6.2 Air Cooled
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Unmanned Aerial Vehicle
10.10.2 Airplanes
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Water Cooled
11.6.2 Air Cooled
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Unmanned Aerial Vehicle
11.10.2 Airplanes
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Water Cooled
12.6.2 Air Cooled
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Unmanned Aerial Vehicle
12.10.2 Airplanes
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Water Cooled
13.6.2 Air Cooled
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Unmanned Aerial Vehicle
13.10.2 Airplanes
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wankel Engines Market: Competitive Dashboard
14.2 Global Wankel Engines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UAV Engines
14.3.2 Austro Engine
14.3.3 LiquidPiston
14.3.4 Rotron Power
14.3.5 AIE
14.3.6 Mistral Engines
14.3.7 Aixro
14.3.8 Orbital Power