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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.
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.
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:
Breakup by Source:
Breakup by Range:
Breakup by Application:
Breakup by Region:
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.
|Base Year of the Analysis||2021|
|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)|
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