Hydrogen Aircraft Market

Published Feb 15, 2025

Length 347 Pages

SKU # ALMR20275253

Description

The hydrogen aircraft market is expected to be valued at $28,320.00 million in 2030 and is estimated to reach $590,569.40 million by 2050, exhibiting a CAGR of 16.4% from 2030 to 2050. A hydrogen aircraft employs hydrogen as its primary energy source for propulsion, commonly through hydrogen fuel cells or combustion engines, to generate the required power for flight. Hydrogen is stored aboard the aircraft in gaseous or liquid states and is utilized as fuel to generate electricity or directly drive the aircraft's engines, leading to diminished or zero emissions of greenhouse gases during operation.

Advancements in liquid hydrogen storage technology to enhance energy density and flight range, the development of hybrid hydrogen-electric propulsion systems for improved efficiency and increasing investments in hydrogen infrastructure at airports are driving the adoption of hydrogen-powered aviation. In addition, major aerospace manufacturers and startups are accelerating research and prototype testing, with several hydrogen-powered aircraft expected to enter commercial service by the mid-2030s. For instance, in May 2024, Airbus, in collaboration with academic partners, airport operators, and leading hydrogen industry companies, launched an innovative project to demonstrate small-scale liquid hydrogen aircraft ground operations at three European airports.

The hydrogen aircraft market is segmented into passenger capacity, range, application, power source, power input, and region. By passenger capacity, the market is divided into less than 100, 101 to 200, and more than 200. On the basis of range, it is classified into short haul (less than 1000 km), medium haul (1000 to 2000 km), and long haul (above 2000 km). Depending on application, it is bifurcated into passenger aircraft, and cargo aircraft. By power source, the market is divided into liquid hydrogen aircraft, fully hydrogen powered aircraft, hybrid electric aircraft, and hydrogen fuel cell aircraft. On the basis of power output, it is classified into 0 to 100 KW, 100 KW to 1 MW, and 1 MW and above. Region-wise, the market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The key players operating in the hydrogen aircraft market include Thales, AeroVironment, Inc., GKN AEROSPACE, PIPISTREL, URBAN AERONAUTICS LTD, Alaka'I, Airbus, AeroDelft, HES Energy Systems, and ZeroAvia, Inc.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hydrogen aircraft market analysis from 2030 to 2050 to identify the prevailing hydrogen aircraft market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the hydrogen aircraft market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global hydrogen aircraft market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

Passenger aircraft
Cargo aircraft

By Power Source

Liquid Hydrogen Aircraft
Fully Hydrogen Powered Aircraft
Hybrid Electric Aircraft
Hydrogen Fuel Cell Aircraft

By Power Output

0 To 100 KW
100 KW To 1 MW
1 MW and Above

By Passenger Capacity

Less than 100
101 to 200
More than 200

By Range

Long Haul (above 2000 Km)
Short Haul (less Than 1000 Km)
Medium Haul (1000 to 2000 Km)

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
GKN AEROSPACE
PIPISTREL
Thales
Alaka'i
AIRBUS
Urban Aeronautics Ltd.
AeroVironment, Inc.
AeroDelft
ZeroAvia, Inc.
HES Energy Systems Pte. Ltd.The research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.

CHAPTER 1: INTRODUCTION: 1.1. Report description; 1.2. Key market segments; 1.3. Key benefits to the stakeholders; 1.4. Research methodology; 1.4.1. Primary research; 1.4.2. Secondary research; 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY: 2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW: 3.1. Market definition and scope; 3.2. Key findings; 3.2.1. Top impacting factors; 3.2.2. Top investment pockets; 3.3. Porter’s five forces analysis; 3.3.1. Low to high bargaining power of suppliers; 3.3.2. Moderate to high threat of new entrants; 3.3.3. Moderate threat of substitutes; 3.3.4. Moderate to high intensity of rivalry; 3.3.5. Low bargaining power of buyers; 3.4. Market dynamics; 3.4.1. Drivers; 3.4.1.1. Increase in air passenger traffic across the globe; 3.4.1.2. Rise in environmental awareness and zero emission targets; 3.4.1.3. High suitability of hydrogen as an aviation fuel; 3.4.2. Restraints; 3.4.2.1. Technical challenges related to aircraft design, and hydrogen storage; 3.4.2.2. High costs associated with production and handling of hydrogen; 3.4.3. Opportunities; 3.4.3.1. Proactive government initiatives toward hydrogen powered aircraft; 3.4.3.2. Development of green hydrogen ecosystem
CHAPTER 4: HYDROGEN AIRCRAFT MARKET, BY PASSENGER CAPACITY: 4.1. Overview; 4.1.1. Market size and forecast; 4.2. Less than 100; 4.2.1. Key market trends, growth factors and opportunities; 4.2.2. Market size and forecast, by region; 4.2.3. Market share analysis by country; 4.3. 101 to 200; 4.3.1. Key market trends, growth factors and opportunities; 4.3.2. Market size and forecast, by region; 4.3.3. Market share analysis by country; 4.4. More than 200; 4.4.1. Key market trends, growth factors and opportunities; 4.4.2. Market size and forecast, by region; 4.4.3. Market share analysis by country
CHAPTER 5: HYDROGEN AIRCRAFT MARKET, BY RANGE: 5.1. Overview; 5.1.1. Market size and forecast; 5.2. Short Haul (less Than 1000 Km); 5.2.1. Key market trends, growth factors and opportunities; 5.2.2. Market size and forecast, by region; 5.2.3. Market share analysis by country; 5.3. Medium Haul (1000 to 2000 Km); 5.3.1. Key market trends, growth factors and opportunities; 5.3.2. Market size and forecast, by region; 5.3.3. Market share analysis by country; 5.4. Long Haul (above 2000 Km); 5.4.1. Key market trends, growth factors and opportunities; 5.4.2. Market size and forecast, by region; 5.4.3. Market share analysis by country
CHAPTER 6: HYDROGEN AIRCRAFT MARKET, BY APPLICATION: 6.1. Overview; 6.1.1. Market size and forecast; 6.2. Passenger aircraft; 6.2.1. Key market trends, growth factors and opportunities; 6.2.2. Market size and forecast, by region; 6.2.3. Market share analysis by country; 6.3. Cargo aircraft; 6.3.1. Key market trends, growth factors and opportunities; 6.3.2. Market size and forecast, by region; 6.3.3. Market share analysis by country
CHAPTER 7: HYDROGEN AIRCRAFT MARKET, BY POWER SOURCE: 7.1. Overview; 7.1.1. Market size and forecast; 7.2. Liquid Hydrogen Aircraft; 7.2.1. Key market trends, growth factors and opportunities; 7.2.2. Market size and forecast, by region; 7.2.3. Market share analysis by country; 7.3. Fully Hydrogen Powered Aircraft; 7.3.1. Key market trends, growth factors and opportunities; 7.3.2. Market size and forecast, by region; 7.3.3. Market share analysis by country; 7.4. Hybrid Electric Aircraft; 7.4.1. Key market trends, growth factors and opportunities; 7.4.2. Market size and forecast, by region; 7.4.3. Market share analysis by country; 7.5. Hydrogen Fuel Cell Aircraft; 7.5.1. Key market trends, growth factors and opportunities; 7.5.2. Market size and forecast, by region; 7.5.3. Market share analysis by country
CHAPTER 8: HYDROGEN AIRCRAFT MARKET, BY POWER OUTPUT: 8.1. Overview; 8.1.1. Market size and forecast; 8.2. 0 To 100 KW; 8.2.1. Key market trends, growth factors and opportunities; 8.2.2. Market size and forecast, by region; 8.2.3. Market share analysis by country; 8.3. 100 KW To 1 MW; 8.3.1. Key market trends, growth factors and opportunities; 8.3.2. Market size and forecast, by region; 8.3.3. Market share analysis by country; 8.4. 1 MW and Above; 8.4.1. Key market trends, growth factors and opportunities; 8.4.2. Market size and forecast, by region; 8.4.3. Market share analysis by country
CHAPTER 9: HYDROGEN AIRCRAFT MARKET, BY REGION: 9.1. Overview; 9.1.1. Market size and forecast By Region; 9.2. North America; 9.2.1. Key market trends, growth factors and opportunities; 9.2.2. Market size and forecast, by Passenger Capacity; 9.2.3. Market size and forecast, by Range; 9.2.4. Market size and forecast, by Application; 9.2.5. Market size and forecast, by Power Source; 9.2.6. Market size and forecast, by Power Output; 9.2.7. Market size and forecast, by country; 9.2.7.1. U.S.; 9.2.7.1.1. Market size and forecast, by Passenger Capacity; 9.2.7.1.2. Market size and forecast, by Range; 9.2.7.1.3. Market size and forecast, by Application; 9.2.7.1.4. Market size and forecast, by Power Source; 9.2.7.1.5. Market size and forecast, by Power Output; 9.2.7.2. Canada; 9.2.7.2.1. Market size and forecast, by Passenger Capacity; 9.2.7.2.2. Market size and forecast, by Range; 9.2.7.2.3. Market size and forecast, by Application; 9.2.7.2.4. Market size and forecast, by Power Source; 9.2.7.2.5. Market size and forecast, by Power Output; 9.2.7.3. Mexico; 9.2.7.3.1. Market size and forecast, by Passenger Capacity; 9.2.7.3.2. Market size and forecast, by Range; 9.2.7.3.3. Market size and forecast, by Application; 9.2.7.3.4. Market size and forecast, by Power Source; 9.2.7.3.5. Market size and forecast, by Power Output; 9.3. Europe; 9.3.1. Key market trends, growth factors and opportunities; 9.3.2. Market size and forecast, by Passenger Capacity; 9.3.3. Market size and forecast, by Range; 9.3.4. Market size and forecast, by Application; 9.3.5. Market size and forecast, by Power Source; 9.3.6. Market size and forecast, by Power Output; 9.3.7. Market size and forecast, by country; 9.3.7.1. UK; 9.3.7.1.1. Market size and forecast, by Passenger Capacity; 9.3.7.1.2. Market size and forecast, by Range; 9.3.7.1.3. Market size and forecast, by Application; 9.3.7.1.4. Market size and forecast, by Power Source; 9.3.7.1.5. Market size and forecast, by Power Output; 9.3.7.2. Germany; 9.3.7.2.1. Market size and forecast, by Passenger Capacity; 9.3.7.2.2. Market size and forecast, by Range; 9.3.7.2.3. Market size and forecast, by Application; 9.3.7.2.4. Market size and forecast, by Power Source; 9.3.7.2.5. Market size and forecast, by Power Output; 9.3.7.3. France; 9.3.7.3.1. Market size and forecast, by Passenger Capacity; 9.3.7.3.2. Market size and forecast, by Range; 9.3.7.3.3. Market size and forecast, by Application; 9.3.7.3.4. Market size and forecast, by Power Source; 9.3.7.3.5. Market size and forecast, by Power Output; 9.3.7.4. Russia; 9.3.7.4.1. Market size and forecast, by Passenger Capacity; 9.3.7.4.2. Market size and forecast, by Range; 9.3.7.4.3. Market size and forecast, by Application; 9.3.7.4.4. Market size and forecast, by Power Source; 9.3.7.4.5. Market size and forecast, by Power Output; 9.3.7.5. Italy; 9.3.7.5.1. Market size and forecast, by Passenger Capacity; 9.3.7.5.2. Market size and forecast, by Range; 9.3.7.5.3. Market size and forecast, by Application; 9.3.7.5.4. Market size and forecast, by Power Source; 9.3.7.5.5. Market size and forecast, by Power Output; 9.3.7.6. Spain; 9.3.7.6.1. Market size and forecast, by Passenger Capacity; 9.3.7.6.2. Market size and forecast, by Range; 9.3.7.6.3. Market size and forecast, by Application; 9.3.7.6.4. Market size and forecast, by Power Source; 9.3.7.6.5. Market size and forecast, by Power Output; 9.3.7.7. Rest of Europe; 9.3.7.7.1. Market size and forecast, by Passenger Capacity; 9.3.7.7.2. Market size and forecast, by Range; 9.3.7.7.3. Market size and forecast, by Application; 9.3.7.7.4. Market size and forecast, by Power Source; 9.3.7.7.5. Market size and forecast, by Power Output; 9.4. Asia-Pacific; 9.4.1. Key market trends, growth factors and opportunities; 9.4.2. Market size and forecast, by Passenger Capacity; 9.4.3. Market size and forecast, by Range; 9.4.4. Market size and forecast, by Application; 9.4.5. Market size and forecast, by Power Source; 9.4.6. Market size and forecast, by Power Output; 9.4.7. Market size and forecast, by country; 9.4.7.1. China; 9.4.7.1.1. Market size and forecast, by Passenger Capacity; 9.4.7.1.2. Market size and forecast, by Range; 9.4.7.1.3. Market size and forecast, by Application; 9.4.7.1.4. Market size and forecast, by Power Source; 9.4.7.1.5. Market size and forecast, by Power Output; 9.4.7.2. Japan; 9.4.7.2.1. Market size and forecast, by Passenger Capacity; 9.4.7.2.2. Market size and forecast, by Range; 9.4.7.2.3. Market size and forecast, by Application; 9.4.7.2.4. Market size and forecast, by Power Source; 9.4.7.2.5. Market size and forecast, by Power Output; 9.4.7.3. India; 9.4.7.3.1. Market size and forecast, by Passenger Capacity; 9.4.7.3.2. Market size and forecast, by Range; 9.4.7.3.3. Market size and forecast, by Application; 9.4.7.3.4. Market size and forecast, by Power Source; 9.4.7.3.5. Market size and forecast, by Power Output; 9.4.7.4. South Korea; 9.4.7.4.1. Market size and forecast, by Passenger Capacity; 9.4.7.4.2. Market size and forecast, by Range; 9.4.7.4.3. Market size and forecast, by Application; 9.4.7.4.4. Market size and forecast, by Power Source; 9.4.7.4.5. Market size and forecast, by Power Output; 9.4.7.5. Rest of Asia-Pacific; 9.4.7.5.1. Market size and forecast, by Passenger Capacity; 9.4.7.5.2. Market size and forecast, by Range; 9.4.7.5.3. Market size and forecast, by Application; 9.4.7.5.4. Market size and forecast, by Power Source; 9.4.7.5.5. Market size and forecast, by Power Output; 9.5. LAMEA; 9.5.1. Key market trends, growth factors and opportunities; 9.5.2. Market size and forecast, by Passenger Capacity; 9.5.3. Market size and forecast, by Range; 9.5.4. Market size and forecast, by Application; 9.5.5. Market size and forecast, by Power Source; 9.5.6. Market size and forecast, by Power Output; 9.5.7. Market size and forecast, by country; 9.5.7.1. Latin America; 9.5.7.1.1. Market size and forecast, by Passenger Capacity; 9.5.7.1.2. Market size and forecast, by Range; 9.5.7.1.3. Market size and forecast, by Application; 9.5.7.1.4. Market size and forecast, by Power Source; 9.5.7.1.5. Market size and forecast, by Power Output; 9.5.7.2. Middle East; 9.5.7.2.1. Market size and forecast, by Passenger Capacity; 9.5.7.2.2. Market size and forecast, by Range; 9.5.7.2.3. Market size and forecast, by Application; 9.5.7.2.4. Market size and forecast, by Power Source; 9.5.7.2.5. Market size and forecast, by Power Output; 9.5.7.3. Africa; 9.5.7.3.1. Market size and forecast, by Passenger Capacity; 9.5.7.3.2. Market size and forecast, by Range; 9.5.7.3.3. Market size and forecast, by Application; 9.5.7.3.4. Market size and forecast, by Power Source; 9.5.7.3.5. Market size and forecast, by Power Output
CHAPTER 10: COMPETITIVE LANDSCAPE: 10.1. Introduction; 10.2. Top winning strategies; 10.3. Product mapping of top 10 player; 10.4. Competitive dashboard; 10.5. Competitive heatmap; 10.6. Top player positioning, 2030
CHAPTER 11: COMPANY PROFILES: 11.1. GKN AEROSPACE; 11.1.1. Company overview; 11.1.2. Key executives; 11.1.3. Company snapshot; 11.1.4. Operating business segments; 11.1.5. Product portfolio; 11.1.6. Business performance; 11.1.7. Key strategic moves and developments; 11.2. Urban Aeronautics Ltd.; 11.2.1. Company overview; 11.2.2. Key executives; 11.2.3. Company snapshot; 11.2.4. Operating business segments; 11.2.5. Product portfolio; 11.3. PIPISTREL; 11.3.1. Company overview; 11.3.2. Key executives; 11.3.3. Company snapshot; 11.3.4. Operating business segments; 11.3.5. Product portfolio; 11.3.6. Business performance; 11.3.7. Key strategic moves and developments; 11.4. Thales; 11.4.1. Company overview; 11.4.2. Key executives; 11.4.3. Company snapshot; 11.4.4. Operating business segments; 11.4.5. Product portfolio; 11.4.6. Business performance; 11.5. AeroVironment, Inc.; 11.5.1. Company overview; 11.5.2. Key executives; 11.5.3. Company snapshot; 11.5.4. Operating business segments; 11.5.5. Product portfolio; 11.5.6. Business performance; 11.6. Alaka'i; 11.6.1. Company overview; 11.6.2. Key executives; 11.6.3. Company snapshot; 11.6.4. Operating business segments; 11.6.5. Product portfolio; 11.7. AIRBUS; 11.7.1. Company overview; 11.7.2. Key executives; 11.7.3. Company snapshot; 11.7.4. Operating business segments; 11.7.5. Product portfolio; 11.7.6. Business performance; 11.7.7. Key strategic moves and developments; 11.8. AeroDelft; 11.8.1. Company overview; 11.8.2. Key executives; 11.8.3. Company snapshot; 11.8.4. Operating business segments; 11.8.5. Product portfolio; 11.8.6. Key strategic moves and developments; 11.9. HES Energy Systems Pte. Ltd.; 11.9.1. Company overview; 11.9.2. Key executives; 11.9.3. Company snapshot; 11.9.4. Operating business segments; 11.9.5. Product portfolio; 11.10. ZeroAvia, Inc.; 11.10.1. Company overview; 11.10.2. Key executives; 11.10.3. Company snapshot; 11.10.4. Operating business segments; 11.10.5. Product portfolio; 11.10.6. Key strategic moves and developments

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