Hydrogen Aircraft Market to Reach $174.02 Bn, Globally, by 2040 at 20.20% CAGR Allied Market Research - Seite 2
The short haul segment to maintain the dominant share-
Based on range, the short haul segment is anticipated to account for nearly half of the global hydrogen aircraft market revenue in 2030, and would rule the roost by the end of 2040, due to the fact that they are the simplest in design and first-enters in the hydrogen aircraft market space. Simultaneously, the medium haul segment would exhibit the fastest CAGR of 21.10% by 2040, owing to the increasing demand and viability for medium haul flights.
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Europe, followed by North America, is expected to garner the major share in 2030 –
Based on geography, Europe, followed by North America, is expected to garner the major share in 2030, holding more than half of the global hydrogen aircraft market. This is because the major countries in the region such as UK, Germany, France, and Spain have invested extensively to shove the development for hydrogen-fuelled aircraft. The market across Asia-Pacific, however, would register the fastest CAGR of 22.80% throughout the forecast period. This is attributed to the fact that China and Japan are one of the biggest manufacturing hubs across the world.
Key players in the industry-
- AEROVIRONMENT, INC.
- Airbus S.A.S.
- Alaka'i Technologies
- HES Energy Systems
- Pipistrel d.o.o
- PJSC Tupolev
- The Boeing Company
- Urban Aeronautics Ltd
- ZeroAvia, Inc.
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