Aircraft Wankel Engine Market Scope
The Wankel engine is a kind of combustion engine using an eccentric rotary style to convert pressure into rotating motion. In distinction to a lot of common reciprocal piston styles, the Wankel engine delivers blessings of simplicity, smoothness, compactness, high revolutions per minute, and a high power-to-weight magnitude relation primarily thanks to the actual fact that it produces 3 power pulses per rotor revolution compared to at least once per revolution in a 2-stroke piston engine and one per two revolutions during a four-stroke piston engine.
The Global market for aircraft Wankel market is consolidated by key players owing to fuel-efficient engine demand with low noise pollution. The players should focus on innovating designs, efficiency, and work module in order to cater to high propulsion force and power demand. More Budget allotted to R&D can open newer opportunities to global players in order to meet the standard new jet engines which are commonly used.
Sky Power GmbH (Germany), UAV Engines LTD (United Kingdom), Wankel AG (Germany), Geiger (Germany), Austro Engine (Austria), AeroSteyr Rotary Sàrl (Switzerland) and LiquidPiston (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Aircraft Wankel Engine market by Type (Air Cooled and Water Cooled), by Application (Commercial Aircraft, Military Aircraft and Others) and Region with country level break-up.
On the basis of geography, the market of Aircraft Wankel Engine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Acquire Contracts from Government Airline Agencies and Military Organizations to Provide Aircraft Engines
Market Growth Drivers:
Rising Fuel Prices, Strict Emission Norms, and the Need for Powerful Engines and Demand for New Aircraft to Cater to Increasing Air Traffic
Challenges:
High Cost of Transportation and Regular Maintenance
Restraints:
Huge Costs Involved in Manufacturing and Raw material Procurement
Opportunities:
Developing More Fuel Efficiency and Low Noise Engines by Mergers and Partnerships
Market Leaders and their Expansionary Development Strategies
In November 2021, Sky Power GmbH partnered with ZeroIn November 2021, Sky Power GmbH partnered with Zerosum TechnologieS, India. This partnership helped company to expand its presence in aircraft wankel engine market
In 2020, an adaptation of LiquidPiston X-Engine technology to use in unmanned aerial systems (UAS) and urban air mobility (UAM) vehicles designed to carry people and cargo. The X-Engine rotary diesel engine (Wankel Engine 2.0) is one of the technologies being considered for UAS and orbs with a hybrid-electric propulsion system.
Key Target Audience
Aircraft Wankel Engine Manufacturer, Distributors/Providers, Defense Bodies, Aircraft Manufacturers, Government Bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.