The global hydrogen aircraft market size was valued at USD 533.29 million in 2023. The market is expected to expand from USD 610.09 million in 2024 to USD 5,122.48 million by 2032, exhibiting a CAGR of 30.47% over the study period.

A hydrogen aircraft is an aircraft that deploys hydrogen as a power source and fuel for operations. The increasing environmental regulations to control the emissions of carbon are set to flourish demand, accelerating market expansion. The major trend expected in the coming years is the growing strictness of environmental regulatory norms and an emphasis on ambitious climate goals.

During the COVID-19 pandemic, aviation industry’s significant carbon footprint was taken into consideration. The market faced several hurdles which were primarily related high costs of hydrogen infrastructure.

Fortune Business Insights™ provides this information in its research report, titled “Hydrogen Aircraft Market, 2024-2032”.

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessinsights.com/hydrogen-aircraft-market-108161

List of Key Players Mentioned in the Hydrogen Aircraft Market Report:

• Airbus (Netherlands)
• Bell Textron Inc. (U.S.)
• The Boeing Company (U.S.)
• Embraer (Brazil)
• GKN Aerospace (U.K.)
• Honeywell International Inc. (U.S.)
• Rolls Royce (U.K.)
• Safran SA (France)
• Urban Aeronautics Ltd (Israel)
• ZeroAvia, Inc. (U.S.

Segmentation: Hydrogen Aircraft Market