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Global Hydrogen Aircraft Market Size Study, by Passenger Capacity (Less than 100, 101 to 200, More than 200), by Range (Short Haul, Medium Haul, Long Haul), by Application (Passenger Aircraft, Cargo Aircraft), by Power Source (Liquid Hydrogen Aircraft, Fully Hydrogen Powered Aircraft, Hybrid Electric Aircraft, Hydrogen Fuel Cell Aircraft), by Power Output (0 to 100 KW, 100 KW to 1 MW, 1 MW and Above) and Regional Forecasts 2022-2032

August 2024 | 200 pages | ID: GA58724D4CB6EN
Bizwit Research & Consulting LLP

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Global Hydrogen Aircraft Market is valued at approximately USD 10.16 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.4% over the forecast period 2024-2032. A hydrogen airplane is an aircraft that utilizes hydrogen as its primary fuel source instead of conventional jet fuel. Hydrogen-powered aircraft are expected to be a solution to decarbonize the aviation sector, aligning with global initiatives to combat climate change and reduce greenhouse gas emissions. The two main models of hydrogen aircraft are combustion hydrogen planes and fuel cell hydrogen planes. Research on hydrogen as a potential fuel to power zero-emission aircraft has been on the rise in recent years. The aviation sector is working to develop technologies to tackle challenges associated with hydrogen storage, public perceptions of safety, and cost.

The hydrogen aircraft market is significantly influenced by the increase in air passenger traffic, rising environmental awareness, and stringent zero-emission targets. Global air passenger numbers have been on a steady rise, with the International Air Transport Association (IATA) forecasting a doubling from 4.5 billion in 2019 to over 8 billion by 2037. This surge in air travel necessitates more sustainable aviation solutions to mitigate environmental impact. Moreover, the development of a green hydrogen ecosystem and increasing R&D investments present various lucrative opportunities over the forecast years. However, the high costs associated with the production and handling of hydrogen, technical challenges related to aircraft design, and hydrogen storage are challenging the market growth throughout the forecast period of 2024-2032.

The key regions considered for the Global Hydrogen Aircraft Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is a dominating region in the Global Hydrogen Aircraft Market in terms of revenue. The market growth in the region is being attributed to factors including technological development and implementation of sustainable aviation practices. This dominance is fueled by strong governmental support, including the European Union's Green Deal, which aims to achieve climate neutrality by 2050. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rising middle-class populations and increasing demand for air travel, further accelerating the adoption of hydrogen aircraft in Asia-Pacific.

Major market player included in this report are:
Thales
AeroVironment, Inc.
GKN Aerospace
Pipistrel
Urban Aeronautics Ltd
Alaka'I
Airbus
AeroDelft
HES Energy Systems
ZeroAvia, Inc.
Boeing Company
Universal Hydrogen Co.
Rolls-Royce Holdings plc
Honeywell Aerospace
Hydrogen Aviation Ltd. (H2Avia)

The detailed segments and sub-segment of the market are explained below:
By Passenger Capacity:
Less than 100
101 to 200
More than 200

By Range:
Short Haul (less than 1000 Km)
Medium Haul (1000 to 2000 Km)
Long Haul (above 2000 Km)

By Application:
Passenger Aircraft
Cargo Aircraft

By Power Source:
Liquid Hydrogen Aircraft
Fully Hydrogen Powered Aircraft
Hybrid Electric Aircraft
Hydrogen Fuel Cell Aircraft

By Power Output:
0 to 100 KW
100 KW to 1 MW
1 MW and Above

By Region:
North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico
Rest of Latin America

Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL HYDROGEN AIRCRAFT MARKET EXECUTIVE SUMMARY

1.1. Global Hydrogen Aircraft Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Passenger Capacity
  1.3.2. By Range
  1.3.3. By Application
  1.3.4. By Power Source
  1.3.5. By Power Output
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL HYDROGEN AIRCRAFT MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL HYDROGEN AIRCRAFT MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Increase In Air Passenger Traffic Across the Globe
  3.1.2. Rise In the Environmental Awareness and Zero Emission Targets
3.2. Market Challenges
  3.2.1. High Costs Associated with Production and Handling Of Hydrogen
  3.2.2. Technical Challenges Related to Aircraft Design, And Hydrogen Storage
3.3. Market Opportunities
  3.3.1. Development Of Green Hydrogen Ecosystem
  3.3.2. Increasing R&D Investments

CHAPTER 4. GLOBAL HYDROGEN AIRCRAFT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL HYDROGEN AIRCRAFT MARKET SIZE & FORECASTS BY PASSENGER CAPACITY 2022-2032

5.1. Segment Dashboard
5.2. Global Hydrogen Aircraft Market: Passenger Capacity Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Less than
  5.2.2. 101 to
  5.2.3. More than

CHAPTER 6. GLOBAL HYDROGEN AIRCRAFT MARKET SIZE & FORECASTS BY RANGE 2022-2032

6.1. Segment Dashboard
6.2. Global Hydrogen Aircraft Market: Range Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Short Haul (less than 1000 Km)
  6.2.2. Medium Haul (1000 to 2000 Km)
  6.2.3. Long Haul (above 2000 Km)

CHAPTER 7. GLOBAL HYDROGEN AIRCRAFT MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

7.1. Segment Dashboard
7.2. Global Hydrogen Aircraft Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. Passenger Aircraft
  7.2.2. Cargo Aircraft

CHAPTER 8. GLOBAL HYDROGEN AIRCRAFT MARKET SIZE & FORECASTS BY POWER SOURCE 2022-2032

8.1. Segment Dashboard
8.2. Global Hydrogen Aircraft Market: Power Source Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  8.2.1. Liquid Hydrogen Aircraft
  8.2.2. Fully Hydrogen Powered Aircraft
  8.2.3. Hybrid Electric Aircraft
  8.2.4. Hydrogen Fuel Cell Aircraft

CHAPTER 9. GLOBAL HYDROGEN AIRCRAFT MARKET SIZE & FORECASTS BY POWER OUTPUT 2022-2032

9.1. Segment Dashboard
9.2. Global Hydrogen Aircraft Market: Power Output Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  9.2.1. 0 to 100 KW
  9.2.2. 100 KW to 1 MW
  9.2.3. 1 MW and Above

CHAPTER 10. GLOBAL HYDROGEN AIRCRAFT MARKET SIZE & FORECASTS BY REGION 2022-2032

10.1. North America Hydrogen Aircraft Market
  10.1.1. U.S. Hydrogen Aircraft Market
    10.1.1.1. Passenger Capacity breakdown size & forecasts, 2022-2032
    10.1.1.2. Range breakdown size & forecasts, 2022-2032
    10.1.1.3. Application breakdown size & forecasts, 2022-2032
    10.1.1.4. Power Source breakdown size & forecasts, 2022-2032
    10.1.1.5. Power Output breakdown size & forecasts, 2022-2032
  10.1.2. Canada Hydrogen Aircraft Market
10.2. Europe Hydrogen Aircraft Market
  10.2.1. U.K. Hydrogen Aircraft Market
  10.2.2. Germany Hydrogen Aircraft Market
  10.2.3. France Hydrogen Aircraft Market
  10.2.4. Spain Hydrogen Aircraft Market
  10.2.5. Italy Hydrogen Aircraft Market
  10.2.6. Rest of Europe Hydrogen Aircraft Market
10.3. Asia-Pacific Hydrogen Aircraft Market
  10.3.1. China Hydrogen Aircraft Market
  10.3.2. India Hydrogen Aircraft Market
  10.3.3. Japan Hydrogen Aircraft Market
  10.3.4. Australia Hydrogen Aircraft Market
  10.3.5. South Korea Hydrogen Aircraft Market
  10.3.6. Rest of Asia Pacific Hydrogen Aircraft Market
10.4. Latin America Hydrogen Aircraft Market
  10.4.1. Brazil Hydrogen Aircraft Market
  10.4.2. Mexico Hydrogen Aircraft Market
  10.4.3. Rest of Latin America Hydrogen Aircraft Market
10.5. Middle East & Africa Hydrogen Aircraft Market
  10.5.1. Saudi Arabia Hydrogen Aircraft Market
  10.5.2. South Africa Hydrogen Aircraft Market
  10.5.3. Rest of Middle East & Africa Hydrogen Aircraft Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Key Company SWOT Analysis
  11.1.1. Company
  11.1.2. Company
  11.1.3. Company
11.2. Top Market Strategies
11.3. Company Profiles
  11.3.1. Thales
    11.3.1.1. Key Information
    11.3.1.2. Overview
    11.3.1.3. Financial (Subject to Data Availability)
    11.3.1.4. Product Summary
    11.3.1.5. Market Strategies
  11.3.2. AeroVironment, Inc.
  11.3.3. GKN Aerospace
  11.3.4. Pipistrel
  11.3.5. Urban Aeronautics Ltd
  11.3.6. Alaka'i
  11.3.7. Airbus
  11.3.8. AeroDelft
  11.3.9. HES Energy Systems
  11.3.10. ZeroAvia, Inc.
  11.3.11. Boeing Company
  11.3.12. Universal Hydrogen Co.
  11.3.13. Rolls-Royce Holdings plc
  11.3.14. Honeywell Aerospace
  11.3.15. Hydrogen Aviation Ltd. (H2Avia)

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Hydrogen Aircraft market, report scope
TABLE 2. Global Hydrogen Aircraft market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Hydrogen Aircraft market estimates & forecasts by Passenger Capacity 2022-2032 (USD Billion)
TABLE 4. Global Hydrogen Aircraft market estimates & forecasts by Range 2022-2032 (USD Billion)
TABLE 5. Global Hydrogen Aircraft market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. Global Hydrogen Aircraft market estimates & forecasts by Power Source 2022-2032 (USD Billion)
TABLE 7. Global Hydrogen Aircraft market estimates & forecasts by Power Output 2022-2032 (USD Billion)
TABLE 8. Global Hydrogen Aircraft market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Hydrogen Aircraft market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Hydrogen Aircraft market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Hydrogen Aircraft market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Hydrogen Aircraft market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Hydrogen Aircraft market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Hydrogen Aircraft market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Hydrogen Aircraft market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Hydrogen Aircraft market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Hydrogen Aircraft market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Hydrogen Aircraft market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Hydrogen Aircraft market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Hydrogen Aircraft market estimates & forecasts by segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Hydrogen Aircraft market, research methodology
FIG 2. Global Hydrogen Aircraft market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Hydrogen Aircraft market, key trends 2023
FIG 5. Global Hydrogen Aircraft market, growth prospects 2022-2032
FIG 6. Global Hydrogen Aircraft market, porters 5 force model
FIG 7. Global Hydrogen Aircraft market, PESTEL analysis
FIG 8. Global Hydrogen Aircraft market, value chain analysis
FIG 9. Global Hydrogen Aircraft market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Hydrogen Aircraft market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Hydrogen Aircraft market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Hydrogen Aircraft market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Hydrogen Aircraft market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Hydrogen Aircraft market, regional snapshot 2022 & 2032
FIG 15. North America Hydrogen Aircraft market 2022 & 2032 (USD Billion)
FIG 16. Europe Hydrogen Aircraft market 2022 & 2032 (USD Billion)
FIG 17. Asia Pacific Hydrogen Aircraft market 2022 & 2032 (USD Billion)
FIG 18. Latin America Hydrogen Aircraft market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Hydrogen Aircraft market 2022 & 2032 (USD Billion)
FIG 20. Global Hydrogen Aircraft market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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