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Home›Volkswagen Emissions›Flex Fuel Engine Market To Raised $ 105.11 Billion Worldwide At 5.6% CAGR By 2030: Allied Market Research

Flex Fuel Engine Market To Raised $ 105.11 Billion Worldwide At 5.6% CAGR By 2030: Allied Market Research

By Raymond J. Nowicki
December 8, 2021
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PORTLAND, Ore., December 7, 2021 / PRNewswire / – Allied Market Research recently released a report entitled “Flex Fuel Engine Market by Fuel Type (Gasoline and Diesel), Vehicle Type (Passenger Cars and Commercial Vehicles), and Mixture Type (E10 to E25, E25 to E85, via E85 and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030”. According to the report, the global flex-fuel engine industry was on $ 63.20 billion in 2020 and is expected to be achieved $ 105.11 billion by 2027 with an annual growth rate of 5.6% from 2020 to 2030.

Drivers, Limitations, and Opportunities

Depletion of fossil fuel reserves as well as stringent environmental regulations and vehicle emissions standards are driving the growth of the global market for flex fuel engines. However, concerns about engine demand, the development of electric and hybrid-electric vehicles, and the lack of flex-fuel stations are hampering market growth. On the contrary, it is expected that the increasing acceptance of sustainable automotive technologies and the increase in automotive performance for blends with higher ethanol content will open up new opportunities for market participants in the future.

Download report (291 pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/14847

Covid-19 scenario:

  • The Covid-19 pandemic resulted in a nationwide lockdown and implementation of social distancing norms. In addition, several companies have adopted the work-from-home culture. As a result, the demand for automobiles fell drastically.
  • The supply chain was interrupted and production sites were partially or completely closed due to a lengthy lockdown.

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The gasoline segment dominated the market

By fuel type, the gasoline segment held the lion’s share in 2020, accounting for more than four-fifths of the global flex-fuel engine market. In addition, the segment is estimated to have the highest CAGR of 5.7% over the forecast period as the demand for low-cost sustainable automotive technologies grows around the world. The report contains an analysis of the diesel segment.

The car segment with the highest CAGR by 2030

According to vehicle type, the passenger car segment is expected to have the highest CAGR of 5.9% from 2020 to 2030. Additionally, the segment had the largest share in 2020 and contributed in raising awareness of increasing pollution and the global warming scenario due to nearly two-thirds of the global flex fuel engine market. The report contains an analysis of the commercial vehicle segment.

Interested in obtaining the data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/14847

North America held the largest share

Global Flex Fuel Engine Market By Region North America Sales dominate in 2020 and account for more than a quarter of the market. However, the market is cross Asia Pacific is expected to have the highest CAGR of 6.5% over the forecast period as government regulation to reduce vehicle emissions increases.

Important market participants

  • Cummins Inc.
  • Volkswagen AG
  • Ford Motor Company
  • General Motors Company
  • Fiat Chrysler automobiles
  • Mitsubishi Motors Corporation
  • Honda Motor Co., Ltd.
  • Toyota Motor Corporation
  • Nissan Motor Co., Ltd.
  • AB Volvo

Schedule a FREE consultation with our analysts to find a solution for your company at https://www.alliedmarketresearch.com/connect-to-analyst/14847

Similar reports we have about the automotive industry:

Marine Propulsion Motors Market by Energy Source (Diesel, Gas Turbine, Natural Gas, and Others {steam turbine, renewable energy, hybrid, and fuel cell}) and Ship Type (cargo or container ships, tankers, bulk carriers, offshore vessels, passengers) Ships, and Others {Tugs & Service Ships}) – Global Opportunity Analysis and Industry Forecast, 2014-2030.

Marine Diesel Engines Market by Engine System (Low Speed, Medium Speed, and High Speed) and by Type (2-Stroke and 4-Stroke) – Global Opportunity Analysis and Industry Forecast, 2017-2030.

Aircraft Engine Market by Type (Turboprop, Turbofan, Turboshaft, and Piston Engine), Wing Position (Fixed Wing and Rotary Wing), and End-User (Commercial Aviation, Military Aviation, and Others) – Global Opportunity Analysis and Industry Forecast, 2017-2030.

Hydrogen Powered Engines Market by Application (Passenger Cars and Commercial Vehicles) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.

Automotive Off-Highway Engine Market by Power (Construction ( 10 l)), fuel type (diesel, petrol and others) and capacity (10 l): Global Opportunity Analysis and Industry Forecast, 2021–2030.

about us

Allied Market Research (AMR) is a full-service market research and management consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides unmatched quality of “Market Research Reports” and “Business Intelligence Solutions” to global corporations as well as medium and small businesses. AMR provides focused business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas.

We have professional business relationships with various companies and this helps us unearth market data which will help us produce accurate research data tables and confirm the highest accuracy of our market forecasts. CEO of Allied Market Research Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality data and help customers succeed in every possible way. All of the data presented in the reports we publish are extracted through primary interviews with top officials from leading companies in the domain in question. Our methodology for obtaining secondary data includes in-depth online and offline research and discussions with knowledgeable professionals and industry analysts.

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