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Hydrogen Aircraft Market to Exhibit Major Growth Driven by Increasing Regulatory Initiatives and Supportive Inceptives from Governments

Hydrogen Aircraft Market to Exhibit Major Growth Driven by Increasing Regulatory Initiatives and Supportive Inceptives from Governments
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Hydrogen Aircraft Global Market to Reach $2.63 Billion by 2026

/PRNewswire/ The "Hydrogen Aircraft Global Market Report 2022" report has been added to ResearchAndMarkets.com s offering. The global hydrogen aircraft. ....

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The Worldwide Hydrogen Aircraft Industry is Expected to Reach $1.4 Billion by 2025

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ResearchAndMarkets.com s offering.
The hydrogen aircraft market is estimated to be USD 143 million in 2020 and is projected to grow from USD 1,411 million in 2025 to USD 7,427 million by 2030, at a CAGR of 28.9% from 2025 to 2030.
The aviation industry contributes significantly towards carbon emissions with approximately 2.5% of the global CO2 emissions. Since the massive reduction of air traffic due to COVID-19, industry stakeholders are making efforts in the decarbonization of the aviation industry. This is of concern for governments in the European Union (EU) particularly Germany, UK, and France. Governments of these nations have formulated their own National Hydrogen Strategies with a focus on the decarbonization of transportation and aviation. ....

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