Zero-Emission Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Zero-Emission Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112025A4733

Market Overview:

The global zero-emission aircraft market size reached US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ XX Billion by 2027, exhibiting a growth rate (CAGR) of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Zero-emission aircraft are an alternative to propulsion system-based aircraft as they rely on electric, hydrogen, and solar technology for the primary power source, which emits no pollutants in flight and ground operations. They include various technologies and aerodynamic configurations that support the decarbonization of aerospace. Nowadays, zero-emission aircraft are emerging as a potential solution for aerospace and allied industries worldwide to minimize the negative environmental impact of aviation and meet their climate-neutral targets.

Zero-Emission Aircraft Market Trends:

The global growth of air traffic on account of the rising passenger and business travel is resulting in the increasing emission of carbon dioxide (CO2), water vapor, and nitrogen. As this emission adds to global warming, there is a rise in the demand for zero-emission aircraft to significantly reduce the ecological footprint and climate impact of commercial aircraft, helicopters, satellites, urban air mobility vehicles, and other air transport. In addition, governing agencies of numerous countries are renewing climate change policies that involve increasing the cost of non-biodegradable aviation fuel and mandating the usage of sustainable aviation fuels (SAF) to cut down emission levels. Apart from this, the expanding application of unmanned prototype aircraft to support emergency services in disaster relief and deliver urgently required goods, such as medicines, in connected areas is contributing to the market growth. Moreover, leading market players are developing hybrid-hydrogen aircraft powered by liquid hydrogen combustion with oxygen through modified gas turbine engines. They are also investing in substantial research and development (R&D) in the areas of sustainable fuels, energy sources, new aircraft concepts and components, and alternative propulsion concepts. This is anticipated to create a positive influence on the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global zero-emission aircraft market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, source, range and application.

Breakup by Type:

  • Turboprop Rear Bulkhead
  • Turbofan System
  • Blended Wing Body
     

Breakup by Source:

  • Hydrogen
  • Electric
  • Solar
     

Breakup by Range:

  • Short-Haul
  • Medium-Haul
  • Long-Haul
     

Breakup by Application:

  • Passenger Aircraft
  • Cargo Aircraft
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AeroDelft, Airbus S.A.S., Bye Aerospace, Eviation Aircraft, HES Energy Systems, Joby Aviation, Lilium GmbH, PIPISTREL d.o.o., Wright Electric and ZeroAvia Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
 Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Source, Range, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AeroDelft, Airbus S.A.S., Bye Aerospace, Eviation Aircraft, HES Energy Systems, Joby Aviation, Lilium GmbH, PIPISTREL d.o.o., Wright Electric and ZeroAvia Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global zero-emission aircraft market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global zero-emission aircraft market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the range?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global zero-emission aircraft market and who are the key players?
  • What is the degree of competition in the industry?

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Zero-Emission Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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