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Hydrogen Aircraft Market Report 2023-2033

  • PDF Icon

    Report

  • 250 Pages
  • March 2023
  • Region: Global
  • Visiongain
  • ID: 5806159
The Hydrogen Aircraft Market Report 2023-2033: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

The Market Potential for Hydrogen Aircrafts Is Significant as Countries Around the World Strive to Reduce Carbon Emissions

The hydrogen aircraft market is poised for growth as the aviation industry looks for more sustainable and environmentally friendly options. Hydrogen fuel cell technology has the potential to revolutionize the industry, as it provides a clean and efficient alternative to traditional fuel sources. The development of hydrogen-powered aircrafts has already begun, and several companies worldwide are investing in research and development to bring these aircrafts to market.

The market potential for hydrogen aircrafts is significant, as countries worldwide strive to reduce carbon emissions and transition to sustainable aviation. The market is expected to experience growth in regions such as North America, Europe, Asia Pacific, and the Middle East and Africa, where governments are providing support for research and development of hydrogen fuel cell technology.

Although there are challenges to the development of the hydrogen aircraft market, such as the need for infrastructure and the high cost of technology development, there are opportunities for growth in the market. Hydrogen aircrafts have the potential to be used not only for passenger transport but also for cargo transport, military applications, search and rescue missions, and agricultural applications.

Overall, the hydrogen aircraft market presents a significant opportunity for the aviation industry to reduce its carbon footprint and transition to more sustainable technologies. The development of hydrogen fuel cell technology for aviation is still in its early stages, but the potential benefits are significant, including reduced emissions, increased efficiency, and a more sustainable future for the aviation industry. With continued research and investment, the hydrogen aircraft market is expected to grow and play a significant role in the future of aviation.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the hydrogen aircraft market evolving?
  • What is driving and restraining the hydrogen aircraft market?
  • How will each hydrogen aircraft submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
  • How will the market shares for each hydrogen aircraft submarket develop from 2023 to 2033?
  • What will be the main driver for the overall market from 2023 to 2033?
  • Will leading hydrogen aircraft markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the hydrogen aircraft projects for these leading companies?
  • How will the industry evolve during the period between 2023 and 2033? What are the implications of hydrogen aircraft projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the hydrogen aircraft market?
  • Where is the hydrogen aircraft market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the hydrogen aircraft market today, and over the next 10 years:

  • Our 250-page report provides 107 tables and 161 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the hydrogen aircraft market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2033, the new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising hydrogen aircraft prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by Technology

  • Fully Hydrogen-Powered Aircraft
  • Hybrid Electric Aircraft

Market Segment by Power Source

  • Hydrogen Combustion
  • Hydrogen Fuel Cell
  • Hybrid Power Source

Market Segment by Range

  • Up to 20 km
  • 20 km to 100 km
  • 100 km to 500 km
  • More than 500 km

Market Segment by End-User

  • Unmanned Aerial Vehicles
  • Air Taxis
  • Business Jets
  • Cargo Aircraft
  • Other End-User
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • Spain
  • United Kingdom
  • France
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Hydrogen Aircraft Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

  • Airbus SE
  • Boeing Company
  • EasyJet plc
  • GKN Aerospace
  • HES Energy Systems
  • Joby Aviation
  • Nikola Motors
  • Rolls-Royce Limited
  • Urban Aeronautics Ltd
  • ZeroAvia
Overall world revenue for Hydrogen Aircraft Market, 2023 to 2033 in terms of value the market will surpass US$247 million in 2023, this work calculates. We predict strong revenue growth through to 2033. this work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Hydrogen Aircraft Market, 2023 to 2033 report help you?

In summary, this 250-page report provides you with the following knowledge:
  • Revenue forecasts to 2033 for Hydrogen Aircraft Market, 2023 to 2033 Market, with forecasts for technology, power source, range, end-user and company size, each forecast at a global and regional level - discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2033 for four regional and 20 key national markets - See forecasts for the Hydrogen Aircraft Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 10 of the major companies involved in the Hydrogen Aircraft Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only this report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. The study is for everybody needing commercial analyses for the Hydrogen Aircraft Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.

Table of Contents

1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Hydrogen Aircraft Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who is This Report for?
1.7 Research Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About
2 Executive Summary
2.1 Segment Analysis
2.1.1 Technology Segment: Market Attractiveness Index
2.1.2 Power Sources Segment: Market Attractiveness Index
2.1.3 Range Segment: Market Attractiveness Index
2.1.4 End User Segment: Market Attractiveness Index
2.2 Regional analysis
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Environmental Concerns Aiding the Market
3.2.1.2 Technological Advancements Supporting New Developments
3.2.1.3 Government Support for the Market Players
3.2.2 Market Restraining Factors
3.2.2.1 Hydrogen Refuelling Infrastructure
3.2.2.2 High Cost of Manufacturing
3.2.2.3 Technical Challenges Associated with Manufacturing
3.2.3 Market Opportunities
3.2.3.1 Growing Demand for Sustainable Aviation
3.2.3.2 Technological Advancements in the industry to Boost Growth
3.3 COVID-19 Impact Analysis
3.3.1 V-Shaped Recovery
3.3.2 W-Shaped Recovery
3.3.3 U-Shaped Recovery
3.3.4 L-Shaped Recovery
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Competitive Rivalry
3.4.4 Threat from Substitutes
3.4.5 Threat of New Entrants
3.5 PEST Analysis
3.5.1 Political
3.5.2 Economic
3.5.3 Social
3.5.4 Technological
4 Hydrogen Aircraft Market Analysis by Technology
4.1 Key Findings
4.2 Technology Segment: Market Attractiveness Index
4.3 Hydrogen Aircraft Market Size Estimation and Forecast by Technology
4.4 Fully Hydrogen-Powered Aircraft Market
4.4.1 Market Size by Region, 2023-2033 (US$ Mn)
4.4.2 Market Share by Region, 2023 & 2033 (%)
4.5 Hybrid Electric Aircraft Market
4.5.1 Market Size by Region, 2023-2033 (US$ Mn)
4.5.2 Market Share by Region, 2023 & 2033 (%)
5 Hydrogen Aircraft Market Analysis by Power Source
5.1 Key Findings
5.2 Power Sources Segment: Market Attractiveness Index
5.3 Hydrogen Aircraft Market Size Estimation and Forecast by Power Sources
5.4 Hydrogen Combustion
5.4.1 Market Size by Region, 2023-2033 (US$ Mn)
5.4.2 Market Share by Region, 2023 & 2033 (%)
5.5 Hydrogen Fuel Cell
5.5.1 Market Size by Region, 2023-2033 (US$ Mn)
5.5.2 Market Share by Region, 2023 & 2033 (%)
5.6 Hybrid Power Source
5.6.1 Market Size by Region, 2023-2033 (US$ Mn)
5.6.2 Market Share by Region, 2023 & 2033 (%)
6 Hydrogen Aircraft Market Analysis by Power Range
6.1 Key Findings
6.2 Range Segment: Market Attractiveness Index
6.3 Hydrogen Aircraft Market Size Estimation and Forecast by Range
6.4 Up to 20 km
6.4.1 Market Size by Region, 2023-2033 (US$ Mn)
6.4.2 Market Share by Region, 2023 & 2033 (%)
6.5 20 km to 100 km
6.5.1 Market Size by Region, 2023-2033 (US$ Mn)
6.5.2 Market Share by Region, 2023 & 2033 (%)
6.6 100 km to 500 km
6.6.1 Market Size by Region, 2023-2033 (US$ Mn)
6.6.2 Market Share by Region, 2023 & 2033 (%)
6.7 More than 500 km
6.7.1 Market Size by Region, 2023-2033 (US$ Mn)
6.7.2 Market Share by Region, 2023 & 2033 (%)
7 Hydrogen Aircraft Market Analysis by Power End Users
7.1 Key Findings
7.2 End User Segment: Market Attractiveness Index
7.3 Hydrogen Aircraft Market Size Estimation and Forecast by End User
7.4 Unmanned Aerial Vehicles
7.4.1 Market Size by Region, 2023-2033 (US$ Mn)
7.4.2 Market Share by Region, 2023 & 2033 (%)
7.5 Air Taxis
7.5.1 Market Size by Region, 2023-2033 (US$ Mn)
7.5.2 Market Share by Region, 2023 & 2033 (%)
7.6 Business Jets Market
7.6.1 Market Size by Region, 2023-2033 (US$ Mn)
7.6.2 Market Share by Region, 2023 & 2033 (%)
7.7 Cargo Aircrafts Market
7.7.1 Market Size by Region, 2023-2033 (US$ Mn)
7.7.2 Market Share by Region, 2023 & 2033 (%)
7.8 Other End Users Market
7.8.1 Market Size by Region, 2023-2033 (US$ Mn)
7.8.2 Market Share by Region, 2023 & 2033 (%)
8 Hydrogen Aircraft Market Analysis by Region
8.1 Key Findings
8.2 Global Hydrogen Aircraft Market Forecast
8.3 Global Hydrogen Aircraft Market Forecast by Region
8.4 Global Hydrogen Aircraft Market Forecast by Technology
8.5 Global Hydrogen Aircraft Market Forecast by Power Source
8.6 Global Hydrogen Aircraft Market Forecast by Range
8.7 Global Hydrogen Aircraft Market Forecast by End-User
9 North America Hydrogen Aircraft Market Analysis
9.1 Key Findings
9.2 North America Hydrogen Aircraft Market Attractiveness Index
9.3 North America Hydrogen Aircraft Market by Value
9.4 North America Hydrogen Aircraft Market by Country
9.5 North America Hydrogen Aircraft Market by Technology
9.6 North America Hydrogen Aircraft Market by Power Source
9.7 North America Hydrogen Aircraft Market by Range
9.8 North America Hydrogen Aircraft Market by End-User
9.9 U.S. Hydrogen Aircraft Market Analysis
9.10 Canada Hydrogen Aircraft Market Analysis
10 Europe Hydrogen Aircraft Market Analysis
10.1 Key Findings
10.2 Europe Hydrogen Aircraft Market Attractiveness Index
10.3 Europe Hydrogen Aircraft Market by Value
10.4 Europe Hydrogen Aircraft Market by Country
10.5 Europe Hydrogen Aircraft Market by Technology
10.6 Europe Hydrogen Aircraft Market by Power Source
10.7 Europe Hydrogen Aircraft Market by Range
10.8 Europe Hydrogen Aircraft Market by End-User
10.9 Germany Hydrogen Aircraft Market Analysis
10.10 UK Hydrogen Aircraft Market Analysis
10.11 France Hydrogen Aircraft Market Analysis
10.12 Italy Hydrogen Aircraft Market Analysis
10.13 Spain Hydrogen Aircraft Market Analysis
10.14 Rest of Europe Hydrogen Aircraft Market Analysis
11 Asia Pacific Hydrogen Aircraft Market Analysis
11.1 Key Findings
11.2 Asia Pacific Hydrogen Aircraft Market Attractiveness Index
11.3 Asia Pacific Hydrogen Aircraft Market by Value
11.4 Asia Pacific Hydrogen Aircraft Market by Country
11.5 Asia Pacific Hydrogen Aircraft Market by Technology
11.6 Asia Pacific Hydrogen Aircraft Market by Power Source
11.7 Asia Pacific Hydrogen Aircraft Market by Range
11.8 Asia Pacific Hydrogen Aircraft Market by End User
11.9 China Hydrogen Aircraft Market Analysis
11.10 India Hydrogen Aircraft Market Analysis
11.11 Japan Hydrogen Aircraft Market Analysis
11.12 South Korea Hydrogen Aircraft Market Analysis
11.13 Australia Hydrogen Aircraft Market Analysis
11.14 Rest of Asia Pacific Hydrogen Aircraft Market Analysis
12 Middle East and Africa Hydrogen Aircraft Market Analysis
12.1 Key Findings
12.2 Middle East and Africa Hydrogen Aircraft Market Attractiveness Index
12.3 Middle East and Africa Hydrogen Aircraft Market by Value
12.4 Middle East and Africa Hydrogen Aircraft Market by Country
12.5 Middle East and Africa Hydrogen Aircraft Market by Technology
12.6 Middle East and Africa Hydrogen Aircraft Market by Power Source
12.7 Middle East and Africa Hydrogen Aircraft Market by Range
12.8 Middle East and Africa Hydrogen Aircraft Market by End User
12.9 GCC Hydrogen Aircraft Market Analysis
12.10 South Africa Hydrogen Aircraft Market Analysis
12.11 Rest of Middle East & Africa Hydrogen Aircraft Market Analysis
13 Latin America Hydrogen Aircraft Market Analysis
13.1 Key Findings
13.2 Latin America Hydrogen Aircraft Market Attractiveness Index
13.3 Latin America Hydrogen Aircraft Market by Value
13.4 Latin America Hydrogen Aircraft Market by Country
13.5 Latin America Hydrogen Aircraft Market by Technology
13.6 Latin America Hydrogen Aircraft Market by Power Source
13.7 Latin America Hydrogen Aircraft Market by Range
13.8 Latin America Hydrogen Aircraft Market End User
13.9 Brazil Hydrogen Aircraft Market Analysis
13.10 Mexico Hydrogen Aircraft Market Analysis
13.11 Rest of Latin America Hydrogen Aircraft Market Analysis
14 Company Profiles
14.1 Competitive Landscape, 2022
14.2 Strategic Outlook
14.2.1 Acquisitions as Key Business Strategy
14.2.2 Partnership as Key Business Strategy
14.2.3 Collaboration as Key Business Strategy
14.2.4 New Product Launch as Key Business Strategy
14.2.5 Expansion as Key Business Strategy
14.2.6 Joint Venture as Key Business Strategy
14.3 ZeroAvia
14.3.1 Company Snapshot
14.3.2 Company Overview
14.3.3 Product Benchmarking
14.3.4 Strategic Outlook
14.4 EasyJet plc
14.4.1 Company Snapshot
14.4.2 Company Overview
14.4.3 Financial Analysis
14.4.3.1 Net Revenue, 2018-2022
14.4.3.2 Regional Revenue Shares, 2022 (%)
14.4.3.3 Business Segment Revenue Shares, 2022 (%)
14.4.4 Product Benchmarking
14.4.5 Strategic Outlook
14.5 Airbus SE
14.5.1 Company Snapshot
14.5.2 Company Overview
14.5.3 Financial Analysis
14.5.3.1 Net Revenue, 2018-2022
14.5.3.2 R&D Expenses, 2017-2021
14.5.3.3 Regional Revenue Shares, 2022 (%)
14.5.3.4 Business Segment Revenue Shares, 2022 (%)
14.5.4 Product Benchmarking
14.5.5 Strategic Outlook
14.6 Boeing Company
14.6.1 Company Snapshot
14.6.2 Company Overview
14.6.3 Financial Analysis
14.6.3.1 Net Revenue, 2018-2022
14.6.3.2 R&D Expenses, 2018-2022
14.6.3.3 Regional Revenue Shares, 2022 (%)
14.6.3.4 Business Segment Revenue Shares, 2022 (%)
14.6.4 Product Benchmarking
14.6.5 Strategic Outlook
14.7 Rolls-Royce Limited
14.7.1 Company Snapshot
14.7.2 Company Overview
14.7.3 Financial Analysis
14.7.3.1 Net Revenue, 2018-2022
14.7.3.2 R&D Expenses, 2018-2022
14.7.3.3 Regional Revenue Shares, 2022 (%)
14.7.3.4 Business Revenue Market Shares, 2022 (%)
14.7.4 Product Benchmarking
14.7.5 Strategic Outlook
14.8 Nikola Motors
14.8.1 Company Snapshot
14.8.2 Company Overview
14.8.3 Financial Analysis
14.8.3.1 Net Revenue, 2017-2021
14.8.3.2 R&D Expenses, 2017-2021
14.8.4 Product Benchmarking
14.8.5 Strategic Outlook
14.9 Joby Aviation
14.9.1 Company Snapshot
14.9.2 Company Overview
14.9.3 Product Benchmarking
14.10 HES Energy Systems
14.10.1 Company Snapshot
14.10.2 Company Overview
14.10.3 Product Benchmarking
14.10.4 Strategic Outlook
14.11 Urban Aeronautics Ltd
14.11.1 Company Snapshot
14.11.2 Company Overview
14.11.3 Product Benchmarking
14.11.4 Strategic Outlook
14.12 GKN Aerospace
14.12.1 Company Snapshot
14.12.2 Company Overview
14.12.3 Product Benchmarking
14.12.4 Strategic Outlook
15 Conclusion and Recommendations
15.1 Concluding Remarks from
15.2 Recommendations for Market Players

Companies Mentioned

  • Airbus SE
  • Boeing Company
  • EasyJet plc
  • GKN Aerospace
  • HES Energy Systems
  • Joby Aviation
  • Nikola Motors
  • Rolls-Royce Limited
  • Urban Aeronautics Ltd
  • ZeroAvia
  • Ad Astra Rocket Company
  • Aerion
  • AeroDelft
  • AeroTEC
  • AeroVironment
  • Airbus
  • Alaka'i Technologies
  • Ballard Power Systems
  • Bloom Energy
  • Blue World Technologies
  • Boeing
  • Clean Hydrogen Future Group
  • EcoPulse
  • ElringKlinger
  • Embraer
  • FlyKart
  • FuelCell Energy
  • GKN Aerospace
  • Groupe ADP
  • H2FLY
  • H2Go Power
  • H2X
  • HEH Group
  • HES Energy Systems
  • HEXAFLIGHT
  • HYBRIT
  • Hydrogenius
  • HyPoint
  • Intelligent Energy
  • Joby Aviation
  • KLM Royal Dutch Airlines
  • Light Helicopter Turbine Engine Company
  • Lilium
  • Loop Energy
  • MagniX
  • Pipistrel
  • Plug Power
  • Proton Power
  • Rolls-Royce
  • U.S. Hybrid
  • Universal Hydrogen
  • ZeroAvia
  • American Hydrogen Association (AHA)
  • Australian Association for Hydrogen Energy (AAHE)
  • California Fuel Cell Partnership (CaFCP)
  • Canadian Hydrogen and Fuel Cell Association (CHFCA)
  • European Hydrogen Association (EHA)
  • Fuel Cell and Hydrogen Energy Association (FCHEA)
  • German Hydrogen and Fuel Cell Association (DWV)
  • Hydrogen and Fuel Cell Industry Alliance (H2USA)
  • Hydrogen Association of India (HAI)
  • Hydrogen Energy California (HECA)
  • Hydrogen Europe (formerly known as the European Hydrogen and Fuel Cell Association)
  • Hydrogen Mobility Europe (H2ME)
  • Hydrogen Society of Australia (HSA)
  • Hydrogen South Africa (HySA)
  • Hydrogenics Corporation
  • International Association for Hydrogen Energy (IAHE)
  • Japanese Association for Hydrogen Energy (JAHE)
  • National Hydrogen Association (NHA)
  • Nordic Hydrogen Corridor (NHC)
  • UK Hydrogen and Fuel Cell Association (UK HFCA)