The Global Automotive Flex Fuel Engine Market is expected to exhibit a strong 6% CAGR over the forecast period till 2023, according to the latest research report from Market Research Future (MRFR). The report provides a greatly detailed profile of the global automotive flex fuel engine market and gives readers an all-inclusive overview of the market. The past, present, and future of the market are studied in the report, with detailed historical analysis, present statistics, and future projections.
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 engines is the reduced petroleum content. Flex-fuel engines have the capacity to burn any percentage of gasoline in the combustion chamber.
Top Companies profiled in Automotive Flex Fuel Engine Market Research Report:
Mitsubishi Motors Corporation, Volvo Cars, Fiat Chrysler Automobiles, Audi, Toyota Motor Corporation, Nissan Motor Co. Ltd., Honda Motor Co. Ltd., General Motors Company, Volkswagen, and Ford Motor Company.
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The global automotive flex fuel engine market is segmented on the basis of engine capacity, fuel type, vehicle type, and region.
· By engine capacity, the global automotive flex fuel engine market is segmented into compact-size engine and full-size engine.
· By fuel type, the global automotive flex fuel engine market is segmented into gasoline and diesel.
· By vehicle type, the global automotive flex fuel engine market is segmented into passenger cars and commercial vehicles.
North America is likely to dominate the global automotive flex fuel engine market over the forecast period. This is mainly due to the growing government support to automotive innovations that help reduce automotive emissions. The U.S. is likely to be a major regional market for automotive flex fuel engine technology over the forecast period. Asia Pacific and Europe are also likely to remain important regional markets over the forecast period.
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Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Automotive flex fuel engine Market Segmentation
8. Automotive flex fuel engine Market Landscape
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