HYDROGEN AIRCRAFT MARKET ANALYSIS

Regional Analysis

Global Hydrogen Aircraft Market: Regional Insights          

North America is anticipated to gain major growth in the global hydrogen aircraft market over the forecast period. This is owing to rise in investments in development of infrastructure for hydrogen based economy. Along with this, government initiatives and launch by market players in the region are also driving growth of the global hydrogen aircraft market. For instance, in September 2020, Magnix and Universal Hydrogen announced partnership for the development of hydrogen-powered commercial aircraft. Such factors are thus driving the market growth in North America region.

Europe is anticipated to show substantial growth in the global hydrogen aircraft market over the forecast period. Rise in investments in research and development activities in countries such as Spain, France, and Germany; and increasing implementation of policies about the development of cleaner fuels for aviation industry are the major factors driving growth of the global hydrogen aircraft market in Europe.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa