Automotive Flex Fuel Engine Market 2018 Global Leading Players: Ford, Volkswagen, General Motors, Honda, Nissan, Toyota Motor, AUDI, Fiat, Volvo, and Mitsubishi

Automotive Flex Fuel Engine Market Analysis Research Report 2018 – Global Industry Forecast to 2023, Global Automotive Flex Fuel Engine is to grow at compound annual growth rate of 6% during forecast period of 2018 to 2023. Report provides comprehensive information on Automotive Flex Fuel Engine Market Size, Share, Growth statistics, And Key Country Analysis with historical and forecasted data to 2023.

Global Automotive Flex Fuel Engine Industry is segmented into by Engine Capacity Type (Compact-Size Engine, Full-Size Engine), Fuel Type (Gasoline, Diesel), and Vehicle Type (Passenger Car, Commercial Vehicle) and Region.

Key Company in Automotive Flex Fuel Engine Global Market Analyzed Are:

Ford Motor Company (US), Volkswagen (Germany), General Motors Company (US), Honda Motor Co. Ltd. (Japan), and Nissan Motor Co. Ltd. (Japan). Toyota Motor Corporation (Japan), AUDI (Germany), Fiat Chrysler Automobiles (UK), Volvo Cars (Sweden), and Mitsubishi Motors Corporation (Japan) are among others.

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Automotive Flex Fuel Engine Market Highlights:

Flex-fuel engines reduce the petroleum content, which help preserve the existing reserves of fossil fuel consumption. The improved flex fuel engine enhances the overall performance of the vehicle and reduces the energy consumption by using alternative fuels. The vehicle OEMs are developing different innovative technologies such as ethanol fuel engines to improve the performance of the vehicle and reduce the vehicle emissions. Countries with limited oil reserves are taking several initiates to reduce oil consumption, which further increases the growth of the market. The factors that drive the automotive flex fuel engine market are government initiatives, across the globe, towards the development of advanced flex fuel engine, low dependence on import of oil, and increased sales of passenger vehicles in emerging economies.

A flexible fuel engine or dual-fuel engine is also called flex-fuel engine and can operate on two different fuels from the same tank. Flex-fuel engines are designed to run on more than one fuel, such as gasoline or diesel, which can be stored in the same tank. Flex-fuel engines are flexible, independent, resource saving and can start the engine, easily. The main advantage of flex-fuel engine is the reduced petroleum content that helps preserve existing stores of fossil fuels consumption. Flex-fuel engines have the capacity to burn any percentage of gasoline in the combustion chamber. In flex-fuel engines, spark timing and injection are regulated according to the mixture of both fuels detected by fuel mixture sensor. The vehicle manufacturers are developing new technologies such as flex start, to improve vehicle efficiency and reduce vehicle emission.

Some of the drivers of automotive flex fuel engine market are stringent environmental regulations, depleting natural sources of diesel, rising vehicle emission norms, and low-dependence on oil import. The European automakers are initiating various types of developments such as cleaner alternative fuels and advanced power systems for vehicles, which are being given priority to improve flex fuel engine efficiency. Therefore, the reduced import of oil would eliminate a crucial expenditure and improve the country’s economy. Hence, countries with limited oil reserves are continuously taking initiatives to reduce oil consumption and boost the use of domestic alternative fuel. The trend in the automotive flex fuel engine market is second-generation ethanol becoming popular in flex-fuel vehicles. However, high production cost of ethanol hampers the growth of market.  

Market Segmentation:

This study provides an overview of the global automotive flex fuel engine market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive flex-fuel engines market by its engine capacity, fuel type, vehicle type, and region

By Engine Capacity:

Compact-Size

Full-Size

By Fuel Type:

Gasoline

Diesel

By Vehicle Type:

Passenger Car

Commercial Vehicle

By Region:

North America

Europe

Asia-Pacific

Rest of the World

Regional Analysis:

Based on region, the market is segmented into North America, Asia-Pacific, Europe, and Rest of the World. North America region is expected to dominate the market during the forecast period. The automotive flex fuel engine requires significant initial investments, which becomes an entry barrier for small companies in the market. The availability of various technologies related to flex-fuel engine in most regions has propelled the demand in the automotive flex fuel engine market. Existence of major manufacturers in these regions along with their partnerships with the local players, over time, have widened the scope of the market in these regions.

On the other hand, the lack of major market players and advanced technologies has resulted in alienating certain geographies, specifically in Africa. Asia-Pacific is expected to be the second largest market during the forecast period due to immense demand of passenger vehicles in China and other parts. The increase in demand in emerging economies such as India and China for alternative fuels drives the adoption of advanced engines such as the flex fuel engine.

LIST OF TABLES

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued...

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