Aircraft Fuel Cells Market May See a Big Move | Boeing, Airbus, Hydrogenics

The latest report on the "Aircraft Fuel Cells Market To 2028" by the AMA Research includes an analysis of various factors such as size, share, growth factors, sales, demand, revenue, trade, forecast, and global companies analysis. The report provides a detailed examination of the current status of factors such as supply chain management, niche markets, distribution channels, trade, supply and demand, and production capability across different countries to provide a more comprehensive understanding of the industry.

The Prominent/Emerging Players in the Aircraft Fuel Cells Market includes: Ballard Power Systems (Canada), Boeing (United States), Airbus (France), Hydrogenics (Canada), NUVERA FUEL CELLS, LLC (United States), EnergyOR, a Plug Power company (Canada), ZeroAvia, Inc. (United States), FFC, Inc. (United States), Safran (France), CJ Aerospace (Australia), Eagle Fuel Cells-ETC Inc. (United States), Eagle Manufacturing Corp (United States), Hartwig Aircraft Fuel Cell Repair (United States), HES Energy Systems (Singapore)

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The global aircraft fuel cell market is expected to grow at a sluggish growth rate during the forecast period according to the AMA study. This is owing to the current aviation industry crisis due to the coronavirus pandemic across the world. The aviation industry is expected to witness reduction in revenue of approximately USD 63-113 billion in 2020. The aircraft fuel cell technologies are now being used in general aviation airplanes and other small sized aircraft. The demand for fuel cells for commercial aircraft is still not developed fully. Therefore, the growth of this market is expected to decline for the next few years of the forecast period.

Aircraft Fuel Cells Market Segmentation:
by Type (Hydrogen Fuel Cells, Methanol Fuel Cells, Solid Oxide Fuel Cells, Polymer Electrolyte Membrane Fuel Cells, Others), Application (Commercial, Military), End Use (Original Equipment Manufacturers, Aftermarket), Aircraft (Commercial Aircraft, Military Aircraft, Regional Aircraft, General Aviation, UAVs)

Market Drivers:
Growing Demand to Reduce Aircraft Carbon Emissions Owing to Rising Aircraft Carbon Emissions
Increasing Global Aircraft Sales & Fleet Propelled by Rising Passenger Traffic
Increasing Government Fundings for the Development of Hydrogen Fuel Cells

Market Trends:
Rising Adoption of Hydrogen Fuel Cell Technologies Across Aviation Industry
Development of Fuel Cell Powered Aircraft for Aviation Sports

Opportunities:
Introduction of Zero-Emission Hydrogen Fuel Cell-Powered Aircraft will Create Huge Opportunity for Vendors to Expand their Business in General Aviation & Military Aircraft Categories
Implementation of Fuel Cells in UAVs Propelled by Growing Demand for L

Challenges:
Challenges in Identifying Leaks in Hydrogen Fuel Tanks
Challenges in Replacement of Existing Aviation Infrastructure
High Cost of Hydrogen Fuel Cells

In August 2019, ZeroAvia launched a new hydrogen fuel cell powertrain for the aviation industry which aims to deliver the same performance as a conventional aircraft engine. Moreover, in December 2018, Hydrogenics announced that it has been selected to design and supply fuel cell power modules for a new lightweight aircraft that is being manufactured by an undisclosed customer due to competitive reasons.
In April 2019, The European Commission defined a set of environmental goals for the Flight Path 2050 which aims 75% CO2 reduction, 90% NOx reduction, and 65% perceived noise reduction.
Global Aircraft Fuel Cells Market, Regional Analysis: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Report Scope:
The report offers valuable insights into the impact of key players on the market, including their size, industry overview, and product offerings. To evaluate the expansion of these players, the report examines their recent advancements in the field. Covering all major geographical regions and sub-regions worldwide, the report specifically focuses on the market size, market shares, and competitive landscape of the Aircraft Fuel Cells industry, as well as sales and growth opportunities within these regions. Additionally, the report analyzes the upstream and downstream activities of market players, including their production and distribution channels, as well as product cost analysis. The report highlights critical information and factual data regarding market drivers, limitations, opportunities, trends, and future prospects.

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The following is a breakdown of the major topics covered in this document, presented in a Table of Contents format.

1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2023-2028
1.2.1. Aircraft Fuel Cells Market, by Type, 2023-2028
1.2.2. Aircraft Fuel Cells Market, by Application, 2023-2028
1.2.3. Aircraft Fuel Cells Market, by Region, 2023-2028
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Aircraft Fuel Cells Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study

3. Global Aircraft Fuel Cells Market Dynamics
3.1. Aircraft Fuel Cells Market Impact Analysis (2023-2028)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Aircraft Fuel Cells Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry

5. Competitive Intelligence….

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