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Zero Emission Aircraft Market Share

Report ID: GMI7634
Published Date: Dec 2023
Report Format: PDF

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Zero Emission Aircraft Market Share

Airbus holds the largest market share, a long-standing reputation as one of the world's leading aircraft manufacturers, and its commitment to sustainability and innovation positions it well in the transition to zero-emission aviation. The company's investments in research and development, particularly in electric and hydrogen-powered propulsion systems, may have given them a competitive edge.

Zero Emission Aircraft Market Companies

Major players operating in the zero-emission aircraft industry are:

Airbus
Rolls-Royce plc
HES Energy Systems
Aurora Flight Sciences (The Boeing Company)
BYE AEROSPACE
Lilium
Eviation Aircraft

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size for zero emission aircraft was USD 6.4 billion in 2023 and is expected to register over 13% CAGR from 2024-2032 due to the surge in environmental regulations and the heightened focus on sustainability goals worldwide.

The hydrogen fuel cell aircraft segment held 30% share of the zero-emission aircraft industry in 2023 owing to higher adoption for addressing the challenges of long-range zero-emission flights and offering a clean and efficient propulsion solution.

North America held 30% share of the zero emission aircraft industry in 2023 and is expected to register commendable CAGR from 2024-2032 due to the growing commitment to sustainability coupled with substantial investments in R&D activities in the region.

Airbus, Rolls-Royce plc, HES Energy Systems, Aurora Flight Sciences (The Boeing Company), BYE AEROSPACE, Lilium, and Eviation Aircraft are some of the major zero-emission aircraft companies worldwide.