The global zero-emission aircraft engines market size reached USD 7.87 Billion in 2020 and is expected to register a revenue CAGR of 12.2% during the forecast period, according to latest analysis by Emergen Research. Increasing air traffic and increasing need to reduce Green House Gas (GHG) emissions is expected to support market revenue growth between 2021 and 2028. In addition, increasing implementation of stringent emission regulations will boost revenue growth of the market.Harmful emissions is a serious issue in aviation industry, and a better way of propulsion is required to alleviate the problem. Additionally, as a result of implications of stringent emission standards imposed by various governments, various aircraft manufacturers have shifted to zero-emission concept. Zero-emission aircraft engines play a vital role in reducing greenhouse gas emissions, as well as air pollution and noise pollution while increasing efficiency of the aircraft.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
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Key Players operating in the industry are:
Airbus SE, Rolls-Royce PLC, National Aeronautics and Space Administration (NASA), Aurora Flight Sciences Corporation (The Boeing Company), Lilium GmbH, BETA Technologies, Inc., Bye Aerospace, Inc., Equator Aircraft AS, ZeroAvia, Inc., and Ampaire Inc
Radical Features of the Zero Emission Aircraft Engines Market Report:
- The report encompasses Zero Emission Aircraft Engines market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Zero Emission Aircraft Engines industry
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Segmentation:
-
Type Outlook (Revenue, USD Billion; 2018–2030)
- Turboprop
- Turbofan
- Blended Wing Body
-
Power Source Outlook (Revenue, USD Billion; 2018–2030)
- Hydrogen
- Electric
- Solar
-
Range Outlook (Revenue, USD Billion; 2018–2030)
- Short-haul
- Medium-haul
- Long-haul
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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