Zero-Emission Aircraft Market to Reach $191.97 Bn, Globally, by 2040 at 20.7% CAGR: Allied Market Research finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
by Passenger Capacity (Less than 100, 100-200, and More than 200), Range (Short Haul, Medium Haul, and Long Haul), and Application (Passenger Aircraft and Cargo Aircraft): Global Opportunity Analysis and Industry Forecast, 2030–2040. According to the report, the global hydrogen aircraft industry is estimated at $27.68 billion in 2030 and is anticipated to hit $174.02 billion by 2040, registering a CAGR of 20.20% from 2030 to 2040.
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Drivers, restraints, and opportunities-
Rising air passenger traffic across the globe, high suitability of hydrogen as aviation fuel, and reduced GHG emissions fuel the growth of the global hydrogen aircraft market. On the other hand, high costs associated with the production & handling of hydrogen and huge investments required for the approval and certification of hydrogen based aircrafts impede the growth to c