The global zero-emission aircraft engines market size reached USD 7.87 Billion in 2020 and is expected to register a revenue CAGR of 12.2% during the forecast period, according to latest analysis by Emergen Research. Increasing air traffic and increasing need to reduce Green House Gas (GHG) emissions is expected to support market revenue growth between 2021 and 2028. In addition, increasing implementation of stringent emission regulations will boost revenue growth of the market.Harmful emissions is a serious issue in aviation industry, and a better way of propulsion is required to alleviate the problem. Additionally, as a result of implications of stringent emission standards imposed by various governments, various aircraft manufacturers have shifted to zero-emission concept. Zero-emission aircraft engines play a vital role in reducing greenhouse gas emissions, as well as air pollution and noise pollution while increasing efficiency of the aircraft.
The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Zero Emission Aircraft Engines market.
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Key companies operating in the Zero Emission Aircraft Engines market include:
Airbus SE, Rolls-Royce PLC, National Aeronautics and Space Administration (NASA), Aurora Flight Sciences Corporation (The Boeing Company), Lilium GmbH, BETA Technologies, Inc., Bye Aerospace, Inc., Equator Aircraft AS, ZeroAvia, Inc., and Ampaire Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Zero Emission Aircraft Engines market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Zero Emission Aircraft Engines Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Zero Emission Aircraft Engines Market Segmentation:
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Type Outlook (Revenue, USD Billion; 2018–2030)
- Turboprop
- Turbofan
- Blended Wing Body
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Power Source Outlook (Revenue, USD Billion; 2018–2030)
- Hydrogen
- Electric
- Solar
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Range Outlook (Revenue, USD Billion; 2018–2030)
- Short-haul
- Medium-haul
- Long-haul
Zero Emission Aircraft Engines Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)