
Automotive Flex Fuel Engine Market
Automotive Flex Fuel Engine Market Global Industry Assessment & Forecast
Segments Covered
By Engine Capacity Mid-size, Full-size
By Fuel Type Gasoline, Diesel
By Vehicle Type Passenger Cars, Commercial Vehicles
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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8.72 Billion |
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19.62 Billion |
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10.51% |
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North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
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Key Insights
The global Automotive Flex Fuel Engine market was valued at USD 8.72 Billion in 2020 and is projected to reach USD 19.62 Billion by 2028, growing at a CAGR of 10.51%% from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2028 |
Annual Market Size (2028) | 19.62 Billion |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 10.51%% |
Overview and Description
Automotive flex-fuel is a category of a vehicle running on alternate fuel, that has an internal combustion engine designed to function on more than two kinds of fuel, usually gasoline mixed with either methanol or ethanol fuel, and both of the fuels are kept in a common tank. The recent flex-fuel vehicle engines can burn any amount of the resulting mixture of gasoline with ethanol in the combustion chamber and fuel injection is adjusted spontaneously according to the authentic blend of both fuels with the help of sensor. Flex fuel vehicle are fitted out with reformed components designed specifically to be companionable with ethanol’s chemical properties. These alterations guarantee seamless operation and a long advantageous life across a wide range of ethanol blends.
The global Automotive Flex Fuel Engine market report provides a thorough analysis of each segment, region, and country. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecasts, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report. In addition to that, the report will cover a thorough analysis of major players operating in the market based on company overview, product portfolio, recent developments, business strategies, financial performance, and market share among others. Cumulatively, the report will cover all aspects regarding the global Automotive Flex Fuel Engine market.
COVID-19 Impact Analysis
In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
Industry Analysis
The report includes an exhaustive analysis of Automotive Flex Fuel Engine industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends, SWOT analysis, and value chain among others.
The increasing stringent government regulation on vehicle emissions is one of the primary factors propelling the growth of the automotive flex-fuel engine market in the upcoming years. The use of ethanol cuts greenhouse gas emissions by half compared to other fuels. According to RFA analysis using the U.S. Department of Energy’s GREET model, the use of ethanol in gasoline in 2020 reduced CO2-equivalent greenhouse gas emissions from the transportation sector by 47.3 million metric tons which is equivalent to removing 10.1 million cars from the road for an entire year, or eliminating the annual emissions from 12 coal-fired power plants. Additionally, the European Union has set itself a target of net-zero greenhouse gas emissions by 2050. This in turn, is projected to support the growth of the market.
The rising vehicle sale across the globe is anticipated to augment the growth of the automotive flex-fuel engine market during the forecast period. This is owing to the rapid urbanization, increasing disposable income of the consumers, and advancement in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles which in turn is expected to support the growth of the automotive flex-fuel engine market in the forecast period.
The high production cost is the major factor that may hamper the growth of the automotive flex-fuel engine market during the forecast period. The high price is due to the rising price of corn prices, which have risen more than 50% in the past few months. And with roughly a heap of corn required to produce 2.8 gallons of ethanol, the price of fuel keeps climbing and hence increases the production cost of ethanol.
Global Automotive Flex Fuel Engine Market Report Scope
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | Engine Capacity, Fuel Type, Vehicle Type |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | General Motors Company, AUDI, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd., Ford Motor Company, Fiat Chrysler Automobiles, Volkswagen, Toyota Motor Corporation, Honda Motor Co. Ltd., Volvo Cars. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Market Segmentation
Engine Capacity Analysis: Preview
On the basis of Engine Capacity, the market is segmented into Mid-size, Full-size. Full-size held the highest share in the global Automotive Flex Fuel Engine market and is projected to witness the same trend during the forecast period.
Fuel Type Analysis: Preview
Based on Fuel Type, the market is segmented into Gasoline, Diesel. Gasoline accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Vehicle Type Analysis: Preview
Based on Vehicle Type, the market is segmented into Passenger Cars, Commercial Vehicles. Passenger Car dominates the global Automotive Flex Fuel Engine market and is expected to continue the same trend from 2021 to 2028.
Global Automotive Flex Fuel Engine Market: Engine Capacity Segment Analysis
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- Mid-size
- Full-size
Global Automotive Flex Fuel Engine Market: Fuel Type Segment Analysis
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- Gasoline
- Diesel
Global Automotive Flex Fuel Engine Market: Vehicle Type Segment Analysis
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- Passenger Cars
- Commercial Vehicles
Regional Analysis: Preview
Geographically, the global Automotive Flex Fuel Engine market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The report covers a thorough segmental analysis for each region comprising of market size and estimations for each segment by region for the years 2016–2028. In addition to that the report analyses Automotive Flex Fuel Engine market at country-level hence the regional study is further bifurcated into key country-level markets from each region. North America is anticipated to dominate the global market during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan.
Market Size, 2021 (USD Billion)
Global Automotive Flex Fuel Engine Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
Major players in the global Automotive Flex Fuel Engine market are General Motors Company, AUDI, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd., Ford Motor Company, Fiat Chrysler Automobiles, Volkswagen, Toyota Motor Corporation, Honda Motor Co. Ltd., Volvo Cars.. The global Automotive Flex Fuel Engine market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network, and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.
Global Automotive Flex Fuel Engine Market: Key Highlights
- The global Automotive Flex Fuel Engine market was valued at USD 8.72 Billion in 2020
- The global Automotive Flex Fuel Engine Market is projected to reach USD 19.62 Billion by 2028
- North America held the highest share of the Automotive Flex Fuel Engine market in 2020
- Some of the major companies operating in the Automotive Flex Fuel Engine market are General Motors Company, AUDI, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd., Ford Motor Company, Fiat Chrysler Automobiles, Volkswagen, Toyota Motor Corporation, Honda Motor Co. Ltd., Volvo Cars.
FAQ
Frequently Asked Question
What is the global demand for Automotive Flex Fuel Engine in terms of revenue?
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The global Automotive Flex Fuel Engine valued at 8.72 Billion in 2020 and is expected to reach 19.62 Billion in 2028 growing at a CAGR of 10.51%%.
Which are the prominent players in the market?
-
The prominent players in the market are General Motors Company, AUDI, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd., Ford Motor Company, Fiat Chrysler Automobiles, Volkswagen, Toyota Motor Corporation, Honda Motor Co. Ltd., Volvo Cars..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 10.51%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automotive Flex Fuel Engine include
- The increasing stringent government regulation on vehicle emissions is one of the primary factors propelling the growth of the automotive flex-fuel engine market in the upcoming years. The use of ethanol cuts greenhouse gas emissions by half compared to other fuels. According to RFA analysis using the U.S. Department of Energy’s GREET model, the use of ethanol in gasoline in 2020 reduced CO2-equivalent greenhouse gas emissions from the transportation sector by 47.3 million metric tons which is equivalent to removing 10.1 million cars from the road for an entire year, or eliminating the annual emissions from 12 coal-fired power plants. Additionally, the European Union has set itself a target of net-zero greenhouse gas emissions by 2050. This in turn, is projected to support the growth of the market.
- The rising vehicle sale across the globe is anticipated to augment the growth of the automotive flex-fuel engine market during the forecast period. This is owing to the rapid urbanization, increasing disposable income of the consumers, and advancement in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles which in turn is expected to support the growth of the automotive flex-fuel engine market in the forecast period.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Automotive Flex Fuel Engine in 2020.