市場調查報告書
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1483107
全球零排放飛機市場 2024-2031Global Zero-Emission Aircraft Market 2024-2031 |
零排放飛機市場規模、佔有率和趨勢分析報告,依類型(渦輪螺旋槳、渦輪風扇系統、翼身融合(BWB)和全電動概念),依飛機類型(電池電動飛機、氫燃料電池飛機、混合動力電動飛機)和太陽能電動飛機),依航程(短程、中途和長途),和最終用戶(商業、軍事和一般),預測期(2024-2031)
預計在預測期內(2024-2031年)零排放飛機市場將以 15.5%的年複合成長率成長。零排放飛機是指在運作過程中不會產生二氧化碳或甲烷等溫室氣體排放的飛機。它為傳統飛機提供了永續的替代方案,減少了航空旅行的碳足跡。
Zero-Emission Aircraft Market Size, Share & Trends Analysis Report by Type (Turboprop, Turbofan System, Blended-Wing Body (BWB), and Fully Electrical Concept), by Aircraft Type (Battery Electric Aircraft, Hydrogen Fuel Cell Aircraft, Hybrid Electric Aircraft, and Solar Electric Aircraft), by Range (Short-Haul, Medium-Haul, and Long-Haul), and by End-User (Commercial, Military, and General) Forecast Period (2024-2031)
Zero-emission aircraft market is anticipated to grow at a CAGR of 15.5% during the forecast period (2024-2031). Zero-emission aircraft refers to aircraft that produce no greenhouse gas emissions during operation, such as carbon dioxide or methane. It provides a sustainable alternative to conventional aircraft, reducing air travel's carbon footprint.
Market Dynamics
Surge in aviation regulations
Annually reporting on aviation's progress towards net zero is crucial for transparency and accelerating decarbonization. Track Zero report provides industry-level data for airlines, governments, and investors. Individual airlines may use the aggregate data of the Track Zero report to benchmark their progress toward decarbonization. IATA came up with a new regulation. For instance, in July 2023, the International Air Transport Association (IATA) released the industry net zero tracking methodology, guiding airlines in reporting emissions. This development supports the aviation industry's commitment to achieving net-zero emissions. As airlines implement sustainable practices to adhere to these guidelines, they fuel the growth of zero-emission aircraft by fostering innovation and investments in eco-friendly aviation technologies & solutions which make it an easier and more sustainable process for development.
Increased focus on hydrogen fuel cell technology
Globally, the aviation industry is increasingly focusing on hydrogen fuel cell technology as a promising alternative for zero-emission aircraft propulsion. The only by-product of hydrogen fuel cells, which generate electricity with water vapor as the sole by-product, is clean and effective power. This increasing emphasis is a reflection of dedication to investigating various sustainable energy options and tackling the difficulties associated with long-range, zero-emission aviation through developments in hydrogen fuel cell integration. For instance, in November 2022, Airbus revealed it is developing a hydrogen-powered fuel cell for its zero-emission aircraft that will enter service by 2035. This propulsion system stands as a potential solution, emphasizing the company's commitment to developing and implementing sustainable technologies to achieve a carbon-neutral aviation future.
Market Segmentation
Turboprop is Projected to Emerge as the Largest Segment
Based on the type, the global zero-emission aircraft market is sub-segmented into turboprop, turbofan system, blended-wing body (BWB), and fully electrical concept. Among these, the turboprop sub-segment is expected to hold the largest share of the market. The primary factor supporting the segment's growth includes the manufacturer's focus on developing regional and short-haul aircraft, as turboprop configurations emerge as a viable choice for efficient & sustainable air travel. The turboprop segment is poised for market expansion due to advancements in electric propulsion systems and zero-emission technologies, catering to the demand for environmentally friendly regional air transport.
Hydrogen Fuel Cell Aircraft Sub-segment to Hold a Considerable Market Share
The problem of long-range, zero-emission flying is addressed by the use of hydrogen fuel cell technology, which provides a productive and clean propulsion option. It is expected that the category will experience developments due to continuous research and development, increasing investments, and a dedication to sustainable aviation. These factors will propel the manufacturing and deployment of hydrogen fuel cell-powered aircraft and greatly expand the market. For instance, in February 2023, Honeywell initiated a European Clean Aviation project to launch advanced hydrogen fuel cells for the aviation sector. This collaborative effort aims to develop cutting-edge technology, contributing to the aviation industry's transition toward sustainable, hydrogen-based propulsion systems and reduced environmental impacts.
The global zero-emission aircraft market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific countries to invest in zero-emission aircraft market
Global Zero-Emission Aircraft Market Growth by Region 2024-2031
Source: OMR Analysis
North America Holds Major Market Share
Among all the regions, North America holds a significant share owing to the presence of various factors, including technical innovation, strong government backing, a big domestic aviation industry, environmental restrictions, and a solid research and development infrastructure. The demand for cleaner air travel coupled with a robust aerospace industry and collaboration between industries makes North America a key driver in fostering the development and adoption of zero-emission aircraft technologies.
For instance, in April 2022, Textron Inc., a US-based aircraft company acquired Pipistreld d.o. for $240 million. Through this acquisition, Pipistrel became part of Textron's newest business sector, Textron eAviation, which will pursue Textron's long-term strategy to offer a family of sustainable aircraft for civic air mobility. Pipistrel is a Slovenia-based aircraft manufacturing company that specializes in electric aircraft and is concentrated on sustainable flight for the future. Furthermore, through the Sustainable Flight National Partnership, NASA and the FAA are working with several industries to accelerate the development of more efficient aircraft and engine technologies with a 30-percent improvement in fuel savings compared to today's planes, while also delivering substantial noise and emissions reduction benefits.
Note: Major Players Sorted in No Particular Order.
The major companies serving the global zero-emission aircraft market include Lilium GmbH, Joby Aero, Inc., Rolls-Royce plc, THALES, Airbus, and Blue Origin Enterprises, L.P., among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in June 2021, UK-based Electric Vertical Take-off and Landing (eVTOL) aircraft manufacturer Vertical Aerospace and Special Purpose Acquisition Company (SPAC) Broadstone Acquisition Corp announced a merger agreement. The deal was designed to give Vertical Aerospace the money it needs to build and market its eVTOL aircraft. The transaction was completed in December 2021 and resulted in Vertical becoming a publicly traded company, with a pro forma equity value of approximately US$2.2 Billion. Vertical is now listed on the NYSE under the ticker EVTL.