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.

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However, concerns regarding technological challenges and lack of awareness of zero-emission aircraft are expected to hamper market revenue growth to some extent during the forecast period.

Prominent Players Analyzed in the Report:

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.

In March 2021, National Aeronautics and Space Administration (NASA) announced that X-57 all-electric plane is nearly ready for take-off. This zero-emissions plane was designed by NASA to show how passenger aircraft could switch from traditional combustion engines to electric motors for cleaner, quieter, and more sustainable air travel. The development aims to reduce carbon footprints while making aircraft more energy efficient than traditional aircraft.

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Emergen Research has segmented global zero-emission aircraft engines market on the basis of type, power source, range, application, and region:

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

Application Outlook (Revenue, USD Billion; 2018–2030)

• Passenger Aircraft
• Cargo Aircraft

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Regional Outlook (Revenue, USD Billion; 2018–2030)

• North America
1. U.S.
2. Canada
3. Mexico
• Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
6. Benelux
7. Rest of Europe
• Asia Pacific
1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC
• Latin America
1. Brazil
2. Rest of LATAM
• Middle East & Africa
1. Saudi Arabia
2. UAE
3. South Africa
4. Turkey
5. Rest of MEA

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Overview of the Zero Emission Aircraft Engines Market Report:

• Introduction, Product Scope, Market Overview, and Opportunities
• Analysis of the Manufacturers with sales, revenue, and price analysis
• Comprehensive analysis of the competitive landscape
• Extensive profiling of the key competitors along with their business strategies and market size
• Regional analysis of the market along with sales, revenue, market share, and global position
• Country-wise analysis of the market along with types, applications, and manufacturing
• Strategic recommendations to established players as well as new entrants
• In-depth analysis of the risks, restraints, and limitations in the Zero Emission Aircraft Engines industry

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About Emergen Research 

At Emergen Research, we believe in advancing with technology. We are a growing Marketresearch and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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