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2023 Zero-Emission Aircraft Market Report: Size, Share, Growth, Trends, Demand, Insights And Forecast Up To 2032
Zero-Emission Aircraft Market
Zero-Emission Aircraft Market Size, Growth Rate, And Forecast
The global zero-emission aircraft market size is expected to grow from $17.68 billion in 2022 to $20.82 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global zero-emission aircraft market size is expected to reach $38.07 billion in 2027 at a CAGR of 16.3%.
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Zero-Emission Aircraft Market Drivers
The increasing stringency of the emission regulations is expected to propel the growth of the zero-emission aircraft market going forward. Stringency on aircraft emission regulations refers to the degree of strictness or severity of rules and policies that aim to decrease greenhouse gas emissions and other harmful substances that originate from aircraft. Zero-emission aircraft propulsion systems produce no emissions during operation due to hydrogen-powered engines, including greenhouse gases and other harmful pollutants.
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Zero-Emission Aircraft Market Segments
1) By Type: Turboprop Rear Bulkhead, Turbofan System, Blended Wing Body
2) By Source: Hydrogen, Electric, Solar
3) By Range: Short-Haul, Medium-Haul, Long-Haul
4) By Technology: Electric Motor Technology, Fuel Cell Technology, Hydrogen Fuel Storage, Power Management And Distribution Technology, Other Technology
5) By Application: Passenger Aircraft, Cargo Aircraft
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Zero-Emission Aircraft Market.
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Zero-Emission Aircraft Market Key Players
Major competitors in the Zero-Emission Aircraft Market include AeroDelft, Airbus S.A.S., Bye Aerospace, Eviation Aircraft, Joby Aviation, Lilium, Wright Electric, Boeing, Northrop Grumman Corporation, SpaceX Aerospace Company, ZeroAvia, MagniX, Zunum Aero, and Aurora Flight Sciences (The Boeing Company)
The Business Research Company's "Global Zero-Emission Aircraft Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Zero-Emission Aircraft Market Include:
1. Executive Summary
2. Zero-Emission Aircraft Market Characteristics
3. Zero-Emission Aircraft Market Trends And Strategies
4. Zero-Emission Aircraft Market - Macro Economic Scenario
5. Zero-Emission Aircraft Market Size And Growth
........
26. Africa Zero-Emission Aircraft Market
27. Zero-Emission Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Zero-Emission Aircraft Market
29. Zero-Emission Aircraft Market Future Outlook and Potential Analysis
30. Appendix
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