The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The tightening of emission laws is likely to spur innovation in zero-emission aircraft manufacturing, propelling the market during the forecast period.

The global zero-emission aircraft market is expected to grow from $17.68 billion in 2022 to $20.82 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The global zero-emission aircraft market size is expected to reach $38.07 billion in 2027 at a CAGR of 16.3%.

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 Global Zero-Emission Aircraft Market Segments Include:

• By Type: Turboprop Rear Bulkhead, Turbofan System, Blended Wing Body
• By Source: Hydrogen, Electric, Solar
• By Range: Short-Haul, Medium-Haul, Long-Haul
• By Technology: Electric Motor Technology, Fuel Cell Technology, Hydrogen Fuel Storage, Power Management And Distribution Technology, Other Technology
• By Application: Passenger Aircraft, Cargo Aircraft
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global zero-emission aircraft market in 2021.

Major Market Players in the zero-emission aircraft market include AeroDelft, Airbus S.A.S., Bye Aerospace, Eviation Aircraft, Joby Aviation, Lilium, Wright Electric, Boeing, Northrop Grumman Corporation, SpaceX Aerospace Company, ZeroAvia.

Electric aircraft technologies are a growing trend in the zero-emission aircraft sector. Electric aircraft are those that use batteries to power an electric motor rather than jet fuel. Companies in the zero-emission aircraft sector are launching novel aircraft that use battery technology to maintain their market position. For example, in September 2022, Eviation Aircraft, an Israeli company that develops electric aircraft, will debut Alice, the world’s first all-electric passenger aeroplane. It’s a nine-passenger electric plane with battery technology comparable to that of electric automobiles or cell phones. The Alice can fly for up to 2 hours after only 30 minutes of charge, making it a hopeful breakthrough in the aviation industry’s search of more sustainable and environmentally friendly air travel.

The Zero-Emission Aircraft Global Market Report 2023  provides a zero-emission aircraft market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The zero-emission aircraft market forecast analyzes zero-emission aircraft market size, zero-emission aircraft market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Zero-emission aircraft emit no greenhouse gas emissions, such as carbon dioxide or methane, while in operation. A zero-emission aeroplane is a sustainable alternative to conventional aircraft, lowering the carbon footprint of air travel.

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