Global Automotive Rotary (Wankel) Engine Market 2017-2021

Overview of the global automotive rotary (wankel) engine market

Market research analysts at Technavio predict that the global automotive rotary (wankel) engine market will grow steadily at a CAGR of around 16% by 2021. The simple design, lesser moving parts, and low maintenance of the automotive rotary engines drive the growth of this market. The R&D activities in the field of automotive powertrain have led to the development of more efficient designs in the automotive engine, camshaft, crankshaft, cylinder head, and timing belt. The development of rotary engines has been one of the biggest developments in the automotive industry and has gained considerable popularity in the market since its development. Simplistic engine design, which involves minimum moving parts when compared to conventional reciprocating piston engines and compact size are some of the vital factors that have played an important role in the growth of the global automotive rotary engine market. The rotary engines are generally immune to sudden engine failures or engine seizures and the maintenance cost of these engines is also much lower than conventional reciprocating piston engines. Additionally, rotary engines also rev much higher than conventional piston engines of the same capacity, making way for higher revolutions per minute (RPM).

The focus of automakers towards developing camless engine prototypes for commercial production is one of the latest trends that will gain traction in the automotive rotary (wankel) engine market. The recent years witnessed several advancements in the field of improved engine design and configuration. FreeValve, the sister company of Swedish automaker Koenigsegg, recently introduced a camless engine design whose prototype has cleared major tests. According to the company, this design would allow automakers to build engines that are compact, lighter, and more powerful than traditional cam engines. Also, other automotive engine designers are developing their prototypes of camless engine designs to make their product commercially viable. Such collaborative efforts are helping in the development of advanced camless engines that would deliver higher power and torque with greater fuel efficiency.

Competitive landscape and key vendors  

The automotive rotary (wankel) engines market has only a couple of OEMs and Mazda motor is the most prominent manufacturer. However, with the developments in the design of rotary engine, the players operating in the conventional reciprocating piston engine market are expected to enter the rotary engine market. Moreover, other leading automakers are likely to increase their investments in R&D activities for developing automotive rotary engines. By 2021, the automotive rotary engines market is foreseen to witness significant engine design developments, which could further drive the market growth.

The leading vendors in the market are -

• Ferrari
• Mazda Motor
• Porsche

The other prominent vendors in the market are Daimler Group, Koenigsegg, McLaren, Pagani Automobili, and Zenvo Automotive.

Geographical segmentation and analysis of the automotive rotary (wankel) engine market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the automotive rotary (wankel) engine market throughout the forecast period. This mainly attributed to the high demand and sales of sports sedans and high-performance cars in the region. Additionally, the increased popularity of European and Japanese automakers and the adoption of advanced powertrain technologies by key players, will also propel the market's growth in the region.            

Growth drivers, challenges, and upcoming trends: Rise in development of improved automotive rotary engines

Leading automakers have been investing in R&D activities to make rotary commercially viable in the automotive market. The automotive industry is also witnessing potential developments where the automakers are trying to integrate forced induction system with a conventional engine setup. The designers and developers of rotary engines are working on custom engine design configurations so that the engine can be mounted differently when compared with a conventional engine. According to this engine design configuration, the intake port would be at the bottom of the engine, and exhaust port would be at the top of the engine. However, the new design with low-positioned intake port can offer better fuel efficiency as the port would be able to draw in a large amount of air from below the engine and the inertia generated by air intake can be conveniently used to generate dynamic forced induction effect. This enhances the overall engine performance and is expected to drive the growth of the automotive rotary (wankel) engine market in the future. 

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive rotary (wankel) engine market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive rotary (wankel) engine market?
• What are the key market trends impacting the growth of the global automotive rotary (wankel) engine market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive rotary (wankel) engine market?
• What are the market opportunities and threats faced by the vendors in the automotive rotary (wankel) engine market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive rotary (wankel) engine market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming market research report on the global automotive rotary engines market is an essential part of Technavio's automotive industry and offers insights into niche segments like the powertrain sector. Additionally, to offer clients the scope to identify potential market prospects and expand in niche markets, this report on the global automotive rotary engines market also covers geographies like the APAC, EMEA, and the Americas.

By implementing a comprehensive research approach of quantitative and qualitative data collection methods and assessing the dynamic demand-supply landscape of the powertrain sector, the upcoming market research report on the global automotive rotary engines market offers insights into the key market drivers, trends, and eminent challenges that will impact the growth of the key suppliers in this market space. This market study also offers a complete analysis of various powertrain products based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders.

This market research report on the global automotive rotary engines market also takes into account the growth of related markets like automotive driveshaft, which is anticipated to grow at a CAGR of nearly 5% by 2021. According to our analysts, the fact that rotaries are almost immune to catastrophic failures may influence the demand for automotive rotary engines in the coming years.

The upcoming industry report on the global automotive rotary engines market also offers insights into fast-growing segments within the automotive industry, including sectors like automotive services and auto accessories. Additionally, the report also presents insights into the changing competitive landscape and gives clients an accurate picture of the future direction of the powertrain industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.