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.
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.
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.
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.
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 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.
Barnard Microsystems Ltd.
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.
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The List of Companies
1. AIXRO GmbH
2. Austro Engine
3. Barnard Microsystems Ltd.
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