Global Zero Emission Aircraft Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Zero Emission Aircraft Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Aircraft Type (Battery Electric Aircraft, Hydrogen Fuel Cell Aircraft, Hybrid Electric Aircraft, and Solar Electric Aircraft), Type (Turboprop, Turbofan System, Blended-Wing Body (BWB), and Fully electrical concept), Capacity (9 to 30, 31 to 60, 61 to 100, 101 to 150, and more than 150), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Zero Emission Aircraft Market was valued at USD 6,466.7 million in 2023 and is expected to reach USD 17,935.3 million by 2031 while growing at a CAGR of 13.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global zero-emission aircraft market growth. A zero-emission aircraft generates no direct greenhouse gas emissions during operation, aiming to minimize or eliminate the release of pollutants and carbon dioxide. Achieving zero emissions involves utilizing alternative propulsion technologies like electric or hydrogen fuel cell systems, which produce power without burning traditional fossil fuels.
Environmental concerns, regulations, and advancements in electric propulsion, battery technologies, and power electronics will propel the zero-emission aircraft market. Nevertheless, challenges like the limited range of electric aircraft may hinder market growth.
Furthermore, the global zero-emission aircraft industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Aircraft Type Analysis
The Global Zero Emission Aircraft Market is segmented among Battery Electric Aircraft, Hydrogen Fuel Cell Aircraft, Hybrid Electric Aircraft, and Solar Electric Aircraft, based on Aircraft Type. In 2023, Hydrogen Fuel Cell Aircraft accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Zero Emission Aircraft Market is segmented among Turboprop, Turbofan Systems, Blended-Wing Body (BWB), and Fully electrical concept, based on Type. In 2023, Turboprop accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Zero Emission Aircraft Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AERODELFT, Airbus, Ampaire Inc., Aurora Flight Sciences (The Boeing Company), Avinor AS, BETA Technologies, Inc., Blue Origin Federation, LLC, BYE AEROSPACE, Equator Aircraft AS, Evektor, spol. s r. o., Eviation Aircraft, Heart Aerospace, HES Energy Systems, Joby Aviation, Lilium, Lockheed Martin Corporation, PIPISTREL D.O.O., Rolls-Royce plc, Wright Electric, and ZeroAvia, Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Zero Emission Aircraft Market Dynamics
Drivers
Restraints
Opportunity
4. Global Zero Emission Aircraft Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Zero Emission Aircraft Market Segmentation, By Aircraft Type
Global Zero Emission Aircraft Market Share Analysis, By Aircraft Type
Global Zero Emission Aircraft Market Growth Analysis, By Aircraft Type
Global Zero Emission Aircraft Market Trends, By Aircraft Type
o Battery Electric Aircraft
o Hydrogen Fuel Cell Aircraft
o Hybrid Electric Aircraft
o Solar Electric Aircraft
6. Global Zero Emission Aircraft Market Segmentation, By Type
Global Zero Emission Aircraft Market Share Analysis, By Type
Global Zero Emission Aircraft Market Growth Analysis, By Type
Global Zero Emission Aircraft Market Trends, By Type
o Turboprop
o Turbofan System
o Blended-Wing Body (BWB)
o Fully electrical concept
7. Global Zero Emission Aircraft Market Segmentation, By Capacity
Global Zero Emission Aircraft Market Share Analysis, By Capacity
Global Zero Emission Aircraft Market Growth Analysis, By Capacity
Global Zero Emission Aircraft Market Trends, By Capacity
o 9 to 30
o 31 to 60
o 61 to 100
o 101 to 150
o more than 150
8. Global Zero Emission Aircraft Market Segmentation, By Region
Global Zero Emission Aircraft Market Share Analysis, By Region
Global Zero Emission Aircraft Market Growth Analysis, By Region
Global Zero Emission Aircraft Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
AERODELFT *
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Airbus, Ampaire Inc
Aurora Flight Sciences (The Boeing Company)
Avinor AS
BETA Technologies Inc
Blue Origin Federation, LLC
BYE AEROSPACE
Equator Aircraft AS
Evektor, spol. s r. o.
Eviation Aircraft
Heart Aerospace
HES Energy Systems
Joby Aviation
Lilium
Lockheed Martin Corporation
PIPISTREL D.O.O.
Rolls-Royce plc
Wright Electric
ZeroAvia, Inc.
*Similar analysis will be provided for each company listed above.
