Press release
Global Hydrogen Powered eVTOL Aircraft Market to Reach USD 233 Million by 2031 at 18.1% CAGR Driven by Siriusjet and Airbus
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Latest Market Data
• Market size: US$ 74 million in 2024, projected to reach US$ 233 million by 2031
• Forecast CAGR (2025-2031): 18.1%
• Passenger transportation accounted for the largest downstream application in 2024, with logistics following
• Competitive landscape: Siriusjet led 2024 sales, while Airbus, Airspace Experience Technologies, Aurora Flight Sciences, NEX Aero, AMSL Aero, Embraer, Joby, Alaka'i Technologies, and Neva Aerospace form the core of global supply
• Regional outlook: North America, Europe, and Asia-Pacific drive adoption, with China, Germany, and Japan showing the strongest near-term momentum
Leading Companies
Siriusjet
Airbus
Airspace Experience Technologies
Aurora Flight Sciences
NEX Aero
AMSL Aero
Embraer
Joby
Alaka'i Technologies
Neva Aerospace
Applications
Passenger Transportation
Logistics Transportation
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2024-2025 Developments
• AMSL Aero in Australia is preparing its hydrogen-electric Vertiia prototype for extended flight trials. The aircraft targets up to 1,000 km range and has received new government funding in 2025 to accelerate certification and deployment in regional transport and aeromedical operations.
• Sirius Aviation AG in Switzerland strengthened its position after signing a deal in 2024 with MEHAIR for up to 100 hydrogen-powered VTOL jets. In 2025, the company has advanced infrastructure partnerships with airports and hydrogen suppliers, targeting passenger shuttles and seaplane operations.
• NEX Aero in Germany received approval from the Federal Aviation Authority in late 2024 to test its hydrogen-electric prototype. In 2025, the company has initiated flight tests and aims for a four-seat configuration with a 400 km range.
• Aurora Flight Sciences in the United States demonstrated hydrogen fuel-cell endurance capability with its SKIRON-XLE in 2024, and 2025 focus has shifted toward scaling this technology for VTOL platforms.
• Industry-wide ecosystem growth is evident in 2025, with new alliances formed between manufacturers, operators, and hydrogen suppliers. This is reinforcing infrastructure readiness, storage solutions, and regulatory frameworks needed for hydrogen-electric aviation.
Product Snapshots
Alaka'i Technologies - Skai
• Six-rotor hydrogen fuel-cell eVTOL
• Range: ~200 miles, with ongoing work on liquid hydrogen storage to extend endurance
• Intended for point-to-point regional transport and public service operations
AMSL Aero - Vertiia (Hydrogen Variant)
• Range: up to 1,000 km
• Cruise speed: ~300 km/h
• Configurations: passenger, aeromedical, and freight with ~500 kg payload capacity
• Backed by Australian government funding for hydrogen aviation
Sirius Aviation AG - Sirius Business Jet / Millennium Jet
• Business Jet: ~1,150 miles range, 323 mph cruise, 30,000 ft ceiling, 3 seats
• Millennium Jet: ~650 miles range, 323 mph cruise, 30,000 ft ceiling, 5 seats
• First major order signed in 2024 with MEHAIR, with deliveries planned post-2026
NEX Aero - NEX Hydrogen eVTOL
• Winged design with 10 electric propulsors
• Four-seat hydrogen-electric aircraft with ~400 km range
• Approved for prototype flight testing in Germany, 2024-2025
Airspace Experience Technologies - Sigma-6
• Configurable for hydrogen fuel-cell or hybrid-electric power
• Payload: up to 454 kg
• Range: over 200 miles (hybrid) and ~90 miles (all-electric)
• Designed for modular production, medevac, and cargo roles
Downstream Customers
CareFlight
MEHAIR
Royal Flying Doctor Service (Queensland Section)
Bristow Group
ADAC Luftrettung
PhilJets
DRF Luftrettung
United Airlines
Fortescue
Wellcamp Airport
NSW Ambulance
Hypersonix
APUS Group
Intelligent Energy
Fabrum
Market Trends
Long-Range Demand Driving Hydrogen Adoption
Hydrogen fuel cells are enabling eVTOL aircraft to reach ranges of 400 km to 1,000 km, far beyond the limits of battery-only models. Vertiia and Sirius jets exemplify this shift, targeting intercity and regional shuttle operations.
Hybrid Architectures for Power Management
Manufacturers are increasingly combining fuel cells for cruise endurance with batteries for vertical lift peaks. This hybrid setup is becoming a standard design path to balance efficiency and performance.
Aeromedical and Public Service as First Adopters
Hydrogen eVTOLs are well suited for aeromedical and emergency response. Partnerships such as AMSL Aero with CareFlight, and ADAC Luftrettung in Germany, highlight use cases where range, speed, and refueling speed are mission-critical.
Infrastructure Ecosystem Gaining Strength
Airport partnerships and hydrogen alliances in Australia, Europe, and Asia are building the groundwork for commercial deployment. Storage solutions, refueling networks, and safety protocols are advancing in tandem with aircraft design.
Regulatory and Funding Support
Germany's regulatory approval for NEX Aero flight tests and Australia's new funding for AMSL Aero in 2025 illustrate increasing government involvement. These steps are building confidence in certification pathways and safety frameworks.
Technical Benchmarks Improving
Hydrogen stack technology is progressing toward higher power-to-weight ratios, with systems in the 100-150 kW class now viable for rotorcraft applications. Demonstrations in 2024-2025 validate endurance and refueling advantages.
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Commercial Commitments Emerging
MEHAIR's commitment for up to 100 Sirius hydrogen VTOL jets signals growing market acceptance. Other operators in logistics, emergency response, and regional air transport are engaging with OEMs for early fleet opportunities.
Conclusion
Hydrogen-powered eVTOL aircraft are transitioning from vision to implementation in 2025. With ranges exceeding 400 km, rapid refueling, and zero-emission performance, they address mission sets batteries alone cannot. Supported by government funding, infrastructure alliances, and first customer commitments, the segment is poised to expand rapidly toward the projected US$ 233 million market size by 2031.
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