Press release
Zero-Emission Aircraft Market to Grow at 20.7% CAGR; Growing Adoption of zero-emission aircraft technologies will Create Lucrative Opportunities for Stakeholders
The global zero-emission aircraft market is expected to be valued at $29.24 billion in 2030, and reach $191.97 billion in 2040, registering a CAGR of 20.7%.
Europe is anticipated to dominate the market in 2030, in terms of revenue, followed by North America, Asia-Pacific, and LAMEA. UK is expected to dominate the global zero-emission aircraft market share in 2030, owing to increase in R&D activities, rise in incentives by government, and rapid development of zero-emission aircraft technologies in the country. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in investments to ensure minimal GHG emissions across various countries in the region.
Download Report (261 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/A11848
By source, the market is categorized into hydrogen, electric, and solar. The hydrogen segment is expected to account for the highest revenue in 2030, owing to high viability of hydrogen as aviation fuel. Hydrogen is a clean source of energy that is abundant in nature and doesn't release any harmful effluents into the environment.
By application, the zero-emission aircraft market is bifurcated into passenger aircraft and cargo aircraft. The passenger aircraft segment is expected to account for the highest revenue in 2030, owing to higher demand for passenger aircraft than cargo aircraft.
Increased air passenger traffic across the globe and reduced GHG emissions are expected to drive the zero-emission aircraft market during the forecast period. However, technological challenges associated with solar, electric, and hydrogen-powered aircraft and high costs associated with the production and handling of hydrogen are anticipated to hamper the growth of the market. Moreover, proactive government initiatives toward the development of zero-emission aircraft and advancements in zero-emission aircraft technologies are expected to offer lucrative opportunities in future.
Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/A11848
Key Findings Of The Study
By source, the solar segment is expected to register significant growth during the forecast period.
By range, the medium-haul segment is anticipated to exhibit significant growth in future.
By application, the cargo aircraft segment is projected to lead the global zero-emission aircraft market, owing to higher CAGR as compared to the passenger aircraft segment.
By type, the turbofan system segment is projected to lead the global zero-emission aircraft market, owing to higher CAGR as compared to the passenger aircraft segment.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
Key players operating in the global zero-emission aircraft market include Astronics Corporation (U.S.)
Heads Up Technologies (U.S.)
Honeywell International (U.S.)
Cobham Limited (UK)
Diehl Stiftung & Co KG (Germany)
Luminator Technology (U.S.)
United Technologies (U.S.)
Precise Flight (U.S.)
Rockwell Collins (U.S.)
Soderberg Manufacturing (U.S.)
STG Aerospace (UK)
Zodiac Aerospace (France)
Buy Now https://www.alliedmarketresearch.com/checkout-final/4823071992960273ae9c8b574eb06684
Read More- https://www.einpresswire.com/article/795285335/zero-emission-aircraft-market-cagr-to-be-at-20-7-191-97-billion-industry-revenue-by-2040
Similar Reports We Have on Aerospace and Defense Industry:
Drone Camera Market https://www.alliedmarketresearch.com/drone-camera-market-A11099
Narcotics Scanner Market https://www.alliedmarketresearch.com/narcotics-scanner-market
Aircraft Window Frame Market https://www.alliedmarketresearch.com/aircraft-window-frame-market-A31492
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Zero-Emission Aircraft Market to Grow at 20.7% CAGR; Growing Adoption of zero-emission aircraft technologies will Create Lucrative Opportunities for Stakeholders here
News-ID: 3945608 • Views: …
More Releases from Allied Market Research
Embedded Finance Market Expected to Reach $570.9 Billion by 2033
According to a new report published by Allied Market Research, titled, "Embedded Finance Market, by Type, (Embedded Payment, Embedded Lending, Embedded Investment, and Embedded Insurance) By industry vertical (Retail and E-commerce, Transportation and Logistics, Healthcare, Media and Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033." The embedded finance market was valued at $82.7 billion in 2023, and is estimated to reach $570.9 billion by 2033, growing at a…
Home Insurance Market to Reach $576 billion, Globally, by 2033 at 7.6% CAGR
Allied Market Research published a report, titled, "Home Insurance Market by Coverage (Comprehensive Coverage, Dwelling Coverage, Content Coverage, and Other Optional Coverages), and End User (Landlords and Tenants): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the "home insurance market" was valued at $271.9 billion in 2023, and is estimated to reach $576 billion by 2033, growing at a CAGR of 7.6% from 2024 to 2033.
Get…
Cryptocurrency Market Expected to Reach $5.5 Billion by 2033
According to a new report published by Allied Market Research, titled, "Cryptocurrency Market," The cryptocurrency market was valued at $2.3 billion in 2023, and is estimated to reach $5.5 billion by 2033, growing at a CAGR of 7.5% from 2024 to 2033.
Get a Sample Copy of this Report : https://www.alliedmarketresearch.com/request-sample/2075
Cryptocurrencies are a digital means of exchange and work using blockchain technology, which provides means of security. There is increase in…
Banking-as-a-Service Market Expected to Reach $60 Billion by 2033
According to a new report published by Allied Market Research, titled, "Banking-as-a-Service Market," The banking-as-a-service market was valued at $12.2 billion in 2023, and is estimated to reach $60 billion by 2033, growing at a CAGR of 17% from 2024 to 2033.
Get a Sample Copy of this Report : https://www.alliedmarketresearch.com/request-sample/A14258
The banking-as-a-service industry is a transformative segment of the financial industry, enabling non-bank entities to integrate and deliver banking products and…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
