Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Zero Emission Aircraft Market size was valued at USD 27.31 billion in 2024 and is likely to cross USD 173.82 billion by 2037, registering more than 15.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of zero emission aircraft is estimated at USD 30.86 billion.
The growth of the market can be attributed to the increasing need to reduce the carbon emission of aircrafts to curb the air pollution. zero emission aircraft are a concept of using hydrogen, electricity, or solar energy to power the aircraft, in order to completely diminish any aviation pollution. The major pollutant from aircrafts is NO2 and other unfiltered particles. The aviation pollution has increased more than 18% since 1990s, and was responsible for more than 6000 premature deaths in 2019. The concept of zero emission aircraft is still under development, and is estimated to attain physical state by the end of 2035. This is estimated to significantly boost the market growth. Moreover, increasing investment in this concept, and other innovations in the aerospace industry, are expected to boost the market growth.
