Global Zero Emission Aircraft Market is projected to grow from USD 0.7 billion in 2023 to USD 4.3 billion in 2030 at a CAGR of 36.7% during the forecast period from 2025 to 2030.

Published Date: Sep, 2024

Global Zero Emission Aircraft Market is projected to grow from USD 0.7 billion in 2023 to USD 4.3 billion in 2030 at a CAGR of 36.7% during the forecast period from 2025 to 2030.

The development, manufacturing and deployment of aircraft that operate without producing any direct emissions of greenhouse gases is refered to as Zero Emission Aircraft. In these aircraft alternative propulsion systems and energy sources are utilized which eliminate the reliance on traditional fossil fuels that contributes to an environmentally friendly aviation industry. The aviation industry is focusing on hydrogen fuel cell technology for zero-emission aircraft propulsion, as these cells offer an efficient and clean power source. To address the challenges of zero-emission flight, there is growing focus on exploring diverse sustainable energy solutions. The growth driver of the zero emission aircraft is the increasing focus on sustainable aviation with rising government support & funding. Collaborations between the stakeholders in the industry accelerates the development of zero emission aircraft with rapid advancements in battery and propulsion technologies. Battery-powered aircraft cost less to maintain & operate and are much quieter than fuel-powered aircraft. However, the major constraint of global Zero Emission Aircraft Market is the high cost associated with its technologies. Zero emission aircraft are more expensive as compared to the conventional fossil fuel powered-aircraft.

Browse 61 market data Tables and 40 Figures spread through 197 Pages and in-depth TOC on Global Zero Emission Aircraft Market By Aircraft Type (Battery Electric Aircraft, Hydrogen Fuel Cell Aircraft, Hybrid Electric Aircraft and Solar Electric Aircraft), By Propulsion Type (Hydrogen Powered Aircraft, Electric Aircraft and Other Alternative Fuels), By Range (Short Haul Aircraft, Medium Haul Aircraft and Long Haul Aircraft), By Application (Passenger Transportation, Cargo & Freight and Military & Defense) and By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East And Africa) - Global Forecast from 2025 to 2030.

Global Zero Emission Aircraft Market Segmentation and Key Players

Segment / Key Players

Categorization

Aircraft Type

Battery Electric Aircraft, Hydrogen Fuel Cell Aircraft, Hybrid Electric Aircraft and Solar Electric Aircraft

Propulsion Type

Hydrogen Powered Aircraft, Electric Aircraft and Other Alternative Fuels

Range

Short Haul Aircraft, Medium Haul Aircraft and Long Haul Aircraft

Application

Passenger Transportation, Cargo & Freight and Military & Defense

Key Players

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

By aircraft type, hydrogen fuel cell aircraft dominate the global zero emission aircraft market

Based on aircraft type, the global Zero Emission Aircraft Market is divided into battery electric aircraft, hydrogen fuel cell aircraft, hybrid electric aircraft, and solar electric aircraft. The hydrogen fuel cell aircraft segment accounted for the largest market share and is anticipated for substantial growth over the projected period.

"North America is projected to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global zero emission aircraft market.”

North America shall dominate the Zero Emission Aircraft Market during the forecast period as the region is committed to sustainability along with substantial investments in research and development. Collaborations among industry players, supportive regulatory frameworks and increasing public awareness contribute to the region's prominence.

Some of the key players in this market are Airbus, Rolls-Royce plc, BYE AEROSPACE, HES Energy Systems, Aurora Flight Sciences (The Boeing Company), Eviation Alice and Lilium.

The global zero emission aircraft market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global Zero Emission Aircraft Market coverage (By Value)

  • Aircraft Type Insight and Forecast 2025 - 2030
    • Battery Electric Aircraft
    • Hydrogen Fuel Cell Aircraft
    • Hybrid Electric Aircraft
    • Solar Electric Aircraft
  • Propulsion Type Insight and Forecast 2025 - 2030
    • Hydrogen Powered Aircraft
    • Electric Aircraft
    • Other Alternative Fuels
  • Range Insight and Forecast 2025 - 2030
    • Short Haul Aircraft
    • Medium Haul Aircraft
    • Long Haul Aircraft
  • Application Insight and Forecast 2025 - 2030
    • Passenger Transportation
    • Cargo & Freight
    • Military & Defense

Geographical Segmentation

Global Zero Emission Aircraft Market by Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • Turkey
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA