Press release
Hydrogen Aircraft Market Research 2022 : Report By Industry Size, Trends, Forecast To 2031 And Major Players
The global hydrogen aircraft market report by the business research company identifies the increase in air passenger traffic across the globe is expected globally to be a major growth driver for the hydrogen aircraft market. Air passenger traffic refers to scheduled passengers (the number of people who have booked a flight with a commercial airline, excluding charter flights) handled by the global airline industry. With a rising number of passengers, more flights are in operation than ever before, leading to pollution due to the emittance of harmful gases by aircraft. To overcome the problem of pollution, hydrogen-based aircraft appear to be a clean option. According to the International Air Transport Association (IATA) passenger data for March 2022, total traffic in March 2022 (measured in revenue passenger kilometers or RPKs) was up 76% compared to March 2021. Thus, an increase in aviation will drive the aviation analytics market.The global hydrogen aircraft market size is expected to grow from $0.92 billion in 2021 to $1.09 billion in 2022 at a compound annual growth rate (CAGR) of 19.13%. The global hydrogen aircraft market size is expected to grow to $2.63 billion in 2026 at a compound annual growth rate (CAGR) of 24.60%.
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North America was the largest region in the hydrogen aircraft market in 2021. North America is expected to be the fastest-growing region in the global hydrogen aircraft market during the forecast period. The regions covered in the global hydrogen aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the hydrogen aircraft market are Aerodelft, Aerovironment Inc., Airbus SE, Apus Group, Doosan Mobility Innovation, The Boeing Company, Gkn Aerospace, Hes Energy Systems, Honeywell International Inc., Hypoint Inc., Pipistrel d.o.o Ajdovšcina, Plug Power Inc., HyPoint, Zeroavia Inc., HES Energy Systems, Universal Hydrogen, and Raytheon Technologies Corporation.
The global hydrogen aircraft market is segmented -
1) By Technology: Fully Hydrogen Powered Aircraft, Hybrid Electric Aircraft, Hydrogen Fuel Cell Aircraft, Liquid Hydrogen Aircraft
2) By Power Source: Hydrogen Combustion, Hydrogen Fuel Cell
3) By Range: 20 Km to 100 Km, More Than 100 Km, Up to 20 Km
4) By Platform: Air Taxis, Business Jets, Unmanned Aerial Vehicles
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The Hydrogen Aircraft Market Report Contents Include
1. Executive Summary
2. Hydrogen Aircraft Market Characteristics
3. Hydrogen Aircraft Market Trends And Strategies
4. Impact Of COVID-19 On Hydrogen Aircraft
5. Hydrogen Aircraft Market Size And Growth
....
26. Africa Hydrogen Aircraft Market
27. Hydrogen Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydrogen Aircraft Market
29. Hydrogen Aircraft Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the hydrogen aircraft market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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