Hydrogen Aircraft Market – Trends Forecast Till 2028

Hydrogen Aircraft Market, By Power Source (Hydrogen Combustion, Hydrogen Fuel Cell), Platform (Unmanned Aerial Vehicles, Air Taxis, and Business Jets), Range, Passenger Capacity, Technology and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: April, 2021

Base Year Estimate: 2020

Report ID: D-AD-HAM-133

Format:  

Number of Pages: 353

Domain: Aerospace & Defense

Hydrogen Aircraft Market – Trends Forecast Till 2028

Global Hydrogen Aircraft Market is anticipated to reach USD 147.6 million in 2021 growing at a CAGR of 29.4% during the forecasting period, 2021-2028.

A hydrogen aircraft or hydrogen powered aircraft is an aircraft that uses hydrogen as a fuel. The engine used in the aircraft have the ability of inner combustion of hydrogen. The engine are more revolutionary and are getting fuel efficient. The aircraft have hydrogen Fuel tank for hydrogen storage in contrast to the conventional aircraft which use wings to store fuel.

With a surge in passenger traveling via air and the advantage offered by hydrogen aircraft over the conventional aircraft are some of the factors that have supported long-term expansion for hydrogen aircraft industry.

Hydrogen Aircraft Market Report

Global Hydrogen Aircraft Market is segmented into Power Source, Platform, Range, Passenger Capacity, Technology and geography.

Power Source segment is segmented into Hydrogen Combustion, Hydrogen Fuel Cell

Platform segment is segmented into Unmanned Aerial Vehicles, Air Taxis, and Business Jets

Geographically, global Hydrogen Aircraft Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in global Hydrogen Aircraft Market are Airbus SE (Netherlands), AeroVironment Inc. (US), GKN Aerospace (UK), AeroDelft (Netherlands), Urban Aeronautics Ltd. (Israel), HyPoint Inc. (US), HES Energy Systems (Singapore), Honeywell International Inc. (US) and, ZeroAvia Inc. (US) among others.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Global Hydrogen Aircraft Market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Hydrogen Aircraft Market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Global Hydrogen Aircraft Market.

 

Primary Respondent breakdown is given below:

Hydrogen Aircraft Market Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the Global Hydrogen Aircraft Market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Global Hydrogen Aircraft Marketso as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 147.6 million

Growth Rate

CAGR of 29.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Power Source , Platform, Range, Passenger Capacity, Technology and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Airbus SE (Netherlands), AeroVironment Inc. (US), GKN Aerospace (UK), AeroDelft (Netherlands), Urban Aeronautics Ltd. (Israel), HyPoint Inc. (US), HES Energy Systems (Singapore), Honeywell International Inc. (US) and, ZeroAvia Inc. (US)

Available Customization

In addition to the market data for Global Hydrogen Aircraft Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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