According to UnivDatos Market Insights (UMI)’ research report “Global Automotive Flex Fuel Engine Market”, the market is expected to witness a CAGR growth of ~6% during the forecast period 2021-2027F. In 2019, air pollution was responsible for around 1.67 millions deaths in India. This number is equivalent to 17.8% of the total deaths in the country. According to IQAir, in 2020, average air quality index of India was recorded to be 142 parts per million (ppm) and ranked 3rd globally. The country has been instrumental in taking state and national level initiatives to reduce air pollution. The government's aims to push for green energy sources like ethanol, which will reduce cost, pollution and dependency on crude oil imports. Rising oil imports would also propel the demand of flex fuel engine as they consumes more biofuels. 

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Based on Engine Type, automotive flex fuel engine market is divided into compact size engine, medium size engine, full size engine. Currently, compact size and medium size engines are widely used in automotive industry. This mainly due to compact size engines have low cost and can be used in 4 wheelers providing high efficiency. Moreover, medium size engines are widely used in cars and heavy-duty trucks as well to provide higher power to the vehicles.

Based on Fuel Type, market is bifurcated into gasoline and diesel. Vehicles running on gasoline fuel have more demand than vehicles running on diesel. Owing to high demand of gasoline, automotive flex fuel gasoline engines market would grow at an influential rate as compared to flex fuel diesel engines.

Based on End User, market is categorized into passenger vehicles, medium duty commercial vehicles, heavy duty commercial vehicles, light duty commercial vehicles. Among them, passenger vehicles has a considerable market share due to low cost they are in reachability of common people. However, light commercial vehicles would grow at aconsiderable rate during the forecast period owing to increasing transportation services globally.

Rising carbon footprints is a huge concern to health all around the world, from haze hanging over cities to smoke within the home. Almost 9 out of 10 people are exposed to levels of air pollution that raise their risk of diseases such as heart disease, stroke, chronic obstructive pulmonary disease, cancer, and pneumonia. The World Health Organization monitors the levels of exposure and health effects of air pollution at the national, regional, and global levels due to ambient (outdoor) and household air pollution. Transportation sector contributes the highest portion in term of CO2 released globally that is 29% globally, which is a major concern in today’s scenario. Flex fuel engine emits less carbon particles as compared to normal IC engine which is due to high combusting biofuels.

Additionally, automotive flex fuel engines are flexible with any blend of ethanol and countries are focusing more on increasing the percentage of ethanol in gasoline which emits less carbon dioxide. Urban population is becoming more health conscious and awareness about benefits associated with automotive flex fuel engines are eventually increasing. In addition, increasing disposable income of population would further influence the automotive flex fuel engine market.

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Asia Pacific to witness highest growth

Based on region, the report provide detail analysis for overall adoption of Green Building in major region including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World. Asia Pacific held the considerable market share owing to reducing reliance on oil import and shifting trend towards low carbon economy couple with large automobile industry.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the automotive flex fuel engine market are (Mitsubishi Motors Corporation, Maruti Suzuki India Limited, Fiat Chrysler Automobiles N.V., Audi AG, Toyota Motor Corporation, Nissan Motor Co. Ltd., Honda Motor Co. Ltd., General Motors Company, Volkswagen AG, Ford Motor Company) These companies are investing heavily on technology to increase their customer base.

 “Automotive Flex Fuel Engine Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go to market strategies and identifying the blue ocean for its offerings.       

Market Segmentation:

  1. By Product Type (Compact Size Engine, Medium Size Engine, Full Size Engine)
  2. By Application (Gasoline and Diesel)
  3. By Type (Passenger Vehicles, Medium Duty Commercial Vehicles, Heavy Duty Commercial Vehicles, Light Duty Commercial Vehicles)
  4. By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)
  5. By Company (Mitsubishi Motors Corporation, Maruti Suzuki India Limited, Fiat Chrysler Automobiles N.V., Audi AG, Toyota Motor Corporation, Nissan Motor Co. Ltd., Honda Motor Co. Ltd., General Motors Company, Volkswagen AG, Ford Motor Company)

Key questions answered in the study:

  1. What are the current and future trends of the global automotive flex fuel engine industry?
  2. How the industry has been evolving in terms of end-user demand and product category?
  3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the global automotive flex fuel engine industry?
  5. What are the customer orientation, purchase behavior, and expectations from the global automotive flex fuel engine suppliers across various region and countries?

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Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL AUTOMOTIVE FLEX FUEL ENGINE MARKET COVID-19 IMPACT

6 GLOBAL AUTOMOTIVE FLEX FUEL ENGINE MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY ENGINE TYPE

8 MARKET INSIGHTS BY FUEL TYPE

9 MARKET INSIGHTS BY END USER

10 MARKET INSIGHTS BY REGION

11 AUTOMOTIVE FLEX FUEL ENGINE MARKET DYNAMICS

12 AUTOMOTIVE FLEX FUEL ENGINE MARKET OPPORTUNITIES

13 AUTOMOTIVE FLEX FUEL ENGINE MARKET TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY SIDE ANALYSIS

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER

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