The global aerospace industry is shifting towards greater efficiency and sustainability, driven by the need to reduce carbon emissions and meet increasing demand for air travel, with emerging technologies such as advanced materials and digitalization expected to play a crucial role in the development of innovative propulsion systems and sustainable aviation fuels.

The demand for new aircraft is expected to reach 43,610 in 20 years, with North America having the highest demand at 9,160 aircraft, and the Asia-Pacific region expected to exhibit the highest CAGR in the aerospace foam market, driven by increasing air travelers.

Boeing expects 44,000 aircraft to be needed by 2043, with the total number of planes in use almost doubling by 2043, and the demand for new aircraft is increasing due to replacement and bottlenecks, with the fleet age being one to one-and-a-half years older.

The single-aisle aircraft market will require 26.73 thousand aircraft, with the wide-body segment requiring 8.83 thousand new aircraft, and passenger traffic is expected to grow at 5% per year, with air freight volume growing 4.7% annually.

The total value of new aircraft is estimated to be $5.6 trillion, with 45,000 fuel-efficient aircraft expected to be delivered by 2040, and the global civil aviation fleet will surpass 49,000 by 2040, with Asia Pacific, Europe, and North America accounting for 80% of global demand.

The key trends driving growth in the aerospace market towards sustainability include the growing demand for commercial aircraft in developing nations, increasing airline passenger traffic, and the need for sustainable and high-performance aerospace components.

The development of hydrogen-powered aircraft is a key area of focus for the aviation industry, with companies such as Rolls-Royce and easyJet testing hydrogen jet engines for aircraft use, and Airbus planning to test hydrogen engines on an A380 by 2026.

The implementation of sustainable aviation fuels (SAFs) is expected to play a significant role in reducing carbon emissions in the aviation industry, with some estimates suggesting that SAFs could account for up to 5% of global jet fuel demand by 2030.

The global sustainable aviation fuel market is expected to reach $2987.5 million by 2027, driven by the rising need to reduce GHG emissions and high fuel efficiency of sustainable aviation fuel, with North America expected to serve as a lucrative growth avenue for sustainable aviation fuel.

The integration of electric-hybrid propulsion systems into commercial aircraft is a promising area of development, with key concerns including reliability and safety of operation, as well as economic aspects, and the Global Hybrid Electric Jet market was valued at millions in 2021 and is projected to reach millions by 2028.

The adoption of sustainable aviation fuels and innovative propulsion systems is supported by various regulatory and policy frameworks globally, with countries such as Japan aiming for net zero greenhouse gas emissions by 2050, and the International Civil Aviation Organization (ICAO) promoting sustainable fuel technology to reduce CO2 emissions.

Overall, the aerospace industry is expected to experience significant growth in the next two decades, driven by increasing demand for air travel and the need for sustainable and efficient aircraft, with emerging technologies such as advanced materials, digitalization, and sustainable aviation fuels expected to play a crucial role in shaping the future of the industry.

The global aerospace industry is shifting towards greater efficiency and sustainability, driven by the need to reduce carbon emissions and meet increasing demand for air travel, with emerging technologies such as advanced materials and digitalization expected to play a crucial role in the development of innovative propulsion systems and sustainable aviation fuels.

Title:

Content: People 's Daily Online > > Economy and Technology
Future aviation, open up imaginary space
March 21, 2024 09: 00 | Source: Guangming Daily
Small number
Original title: Future aviation, open up imaginary space
What will the future of aviation look like?
From materials to engines, from communications to energy power, people are guessing where the disruptive changes will occur? In general, material manufacturing is the foundation of aviation development, energy power has a decisive impact on aircraft, and information electronics will change the traditional aviation form in an all-round way......
1.
Aircraft development aimed at high energy, intelligent
The "double carbon" goal requires civil aviation to develop in the direction of green and low-carbon, and civil aviation will be more environmentally friendly, safer and more economical.
The general trend of the development of aviation science and technology is the compound development of high energy and intelligence, high energy for "body" and intelligence for "soul".
High energy is more control of energy and matter, which determines the physical boundary that aviation equipment can achieve, and has a direct impact on performance indicators such as flight height, range, speed and mobility.
Intelligence is the control of the information domain and the cognitive domain, which determines the ability of aviation equipment to use, and can achieve higher efficiency and more accurate decision-making.
Aviation high energy mainly includes high kinetic energy, high energy supply, efficient energy use and so on.
The high kinetic energy mainly corresponds to the technical innovation direction of the aviation platform.
High-speed flight, ultra-maneuverability, long-time stagnation and so on are the core demands of its development, speed from subsonic, supersonic to hypersonic, altitude from low altitude, hollow to high altitude, near space, time from hours, tens of hours to days and so on.
High kinetic energy can play an important role in the field of aviation, such as the application of low-noise supersonic civil aircraft.
High energy supply mainly corresponds to the technical innovation direction of aviation power.
Large push weight ratio, high fuel efficiency, high power extraction and new energy system are becoming the main development trend of aviation power system, including the active flow control of intake and exhaust, high pressure ratio gas pressure system, new concept power system and other related technologies are currently the hot direction of aviation power research.
In addition, electric aircraft and hydrogen-powered technology will also become the cutting edge of low-carbon, creating greater environmental and economic potential for the future civil aviation industry.
The efficient use of energy mainly corresponds to the technical innovation direction of aviation electromechanical.
Among them, multi-electric / all-electric technology, whole-machine energy optimization, and transformative energy transmission and storage will play a key role in the aviation power electrical system, thereby greatly improving the performance level of the aircraft.
The core of aviation intelligence is to make the aircraft have the ability of autonomous perception, autonomous decision-making, autonomous execution and autonomous evolution.
The autonomous sensing enables the aircraft to classify and identify complex environments and targets through the fusion of various sensors and data, and generates information that can be used for decision-making. Based on the "autonomous genetic evolution" algorithm, the autonomous evolution can make the intelligent aircraft have the characteristics of a living body, and the cognitive decision-making level can evolve in real time through continuous learning, and the ability can be independently improved to cope with a new environment.
It should be said that intelligence will greatly improve the perception, decision-making, execution, and learning capabilities of aircraft in different environments, and will open up greater imagination for future aviation.
2. Metamaterials, intelligent structures or will bring about disruptive changes
In the field of aviation, there is a saying that "one generation of materials and one generation of equipment", it can be seen that material properties are crucial to aircraft performance.
In addition, the aviation industry is essentially a high-end equipment manufacturing industry, and manufacturing technology is important for achieving stable large-scale batch production.
With the development of technology, the aviation industry is entering the era of material and manufacturing integration, and it has also made the field of material manufacturing an important source of disruptive technologies.
Metamaterials are man-made materials that achieve supernormal physical properties by artificially designing internal structures, and their basic structural unit scale is smaller than its wavelength, which can control the propagation of light waves, radio waves and mechanical waves. Typical metamaterials include left-handed materials, photonic crystals and phonon crystals.
Left-hand material is an electromagnetic metamaterial that can regulate and control electromagnetic waves. Its dielectric constant and permeability are both negative values. It has the characteristics of negative refraction, inverse Doppler effect, inverse Cherenkov radiation and subwavelength diffraction. Acoustic metamaterial, its band gap can inhibit elastic waves in a certain frequency range can not propagate, can achieve shock absorption and noise reduction.
Metamaterials enable reverse design from function to structure, which can have a number of potentially disruptive effects in the aviation sector:
— — Construct a metamaterial “invisibility cloak ” and a metamaterial wave-absorbing body that can achieve perfect invisibility, greatly improving the invisibility of the aircraft;
- Manufacturing small RF antennas and super-resolution imaging systems to effectively enhance detection and tracking capabilities;
The coupling design of the planar transmission antenna and the metamaterial can improve the antenna radiation efficiency and reduce the size, and promote the miniaturization and integration of the microwave radio frequency components of aviation equipment.
Intelligent structure technology integrates sensors, drivers and control elements into matrix materials to achieve self-diagnosis, self-adaptation and self-repair functions, which is one of the development directions of advanced aircraft in the future, and the main research directions are intelligent skin and self-adaptive variant structures.
The intelligent skin implanted thousands of micro-computing systems with sensing, processing and communication capabilities only the size of rice grains into the material, cooperatively sensing the surrounding environment, thereby regulating the overheating and overstrain areas, or adjusting the internal electromagnetic parameters, reducing electromagnetic scattering signals to achieve stealth functions.
The intelligent skin integrates functional components with the structure, and has functions such as radio detection and energy storage, which has great potential in reducing weight, saving space and improving the stealth performance of the aircraft.
The adaptive variant structure is characterized in that the adaptive variant structure is composed of a processor and a controller, and the processor is connected with the processor.
The intelligent structure is characterized in that the intelligent structure is composed of a wing self-adaptive structure and a wing self-adaptive structure, wherein the wing self-adaptive structure is arranged on the wing self-adaptive structure; the wing self-adaptive structure is arranged on the wing self-adaptive structure; and the intelligent structure is arranged on the wing self-adaptive structure.
Changes in engines and fuels, or will profoundly change the future of aviation
The engine and fuel can be seen as the heart and blood of the aircraft, and disruptive developments in this field will profoundly change the future of aviation.
The application of sustainable aviation fuel (SAF) is considered to be the most promising technology.
SAF refers to renewable, the use of the process of environmental impact of small aviation fuel, with less carbon emissions, reduce dependence on oil and other non-renewable energy, promote economic development and other advantages, mainly divided into biomass fuel, synthetic fuel, electric energy and hydrogen fuel four.
Due to the problems of high production cost, small production scale, storage and transportation difficulties, sustainable aviation fuel has not been widely used at present.
Sustainable aviation fuel technology has an irreplaceable role in helping to achieve carbon peak carbon neutrality goals and enhance energy security, and can achieve major changes in aviation power systems.
In the future, civil aviation power systems will significantly reduce aviation carbon emissions by using sustainable fuels as turbine engine fuel or directly using fuel cells to power aircraft.
Adaptive variable cycle engine is a next-generation turbofan engine that automatically switches between high thrust and high fuel efficiency modes by adjusting the thermal cycle parameters such as engine duct ratio and total pressure ratio.
The self-adaptive variable cycle engine has good economic performance and wide working range, and can meet various performance requirements, so that the future aircraft presents a multi-mission and multi-purpose development trend.
At the same time, engine technology can be shared on a variety of aircraft, and a series of engines can be derived from the benchmark engine, which can expand the scope of application of the engine and reduce the research and development cost
A rotary detonation engine (RDE) booster combustion in the form of detonation.
The coupling of shock wave and combustion wave is realized in the propagation process of detonation wave. The combustion speed is fast, and the pressure and density after wave are obviously increased.
The utility model has the advantages of simple structure, high specific punching efficiency, wide working area, etc.
Some studies believe that the thermal efficiency of the rotary detonation engine can theoretically increase by 15% compared with the current turbine engine.
In addition to being used as a power device alone, the rotary detonation engine can also be combined with a turbine engine, a ramjet engine and a rocket engine to improve the performance of the original power device.
The rotary detonation engine has become one of the most potential innovators in the field of aeronautical power in the future, and the application prospect is broad.
4. Quantum information, 5G, big data, enabling aviation technology
In recent years, as the research of artificial intelligence technology has entered the third wave, breakthroughs have been made in quantum information, 5G, big data, etc., which has quickly become a hot research direction and an important source of aviation enabling technology.
Brain-computer interaction, also known as brain-computer interface (BCI) technology in the field of aviation has great application value, the world is actively studying. In 2013, the University of Minnesota achieved the first human brain wave control four-axis remote control aircraft; in May 2014, the German "brain flight" program realized the pilot with the brain precision control flight.
Brain-computer interface technology can create a new type of aircraft control.
Perhaps, in the future, the aviation field can directly control the aircraft by the brain, reduce or completely replace the limb operation, and greatly change the traditional man-machine interface.
Perhaps, in the future, the aviation field can learn from the structure and operation of the human brain, develop a new information processing system, and give the avionics system a new function and form.
Perhaps, the future can be combined with virtual reality technology, applied to flight simulation training, can effectively reduce training costs and improve training safety.
In recent years, quantum information technology has made great progress in theory and experiment.
In theory, more advanced theories such as quantum error correction codes have been mastered, which has greatly improved the fault tolerance rate of quantum computing; in experiments, countries have invested a lot of resources in research and development.
Quantum information technology will change the traditional avionics form in an all-round way.
For example, quantum computing superconventional computing power can not only achieve the optimization of aircraft research and development, but also accelerate the training and implementation of artificial intelligence algorithms, and improve the efficiency of system command and decision-making; for example, quantum communication can provide high-speed confidential communication guarantee, and inertial navigation based on quantum gyroscopes can greatly improve the autonomous navigation accuracy of aviation vehicles.
Multidisciplinary cross-field is an important source of disruptive technologies, and interdisciplinary, cross-field integration innovation is also a feature of the aviation field, which makes a number of aviation disruptive technologies reflect the characteristics of cross-integration innovation.
After decades of development, China's aviation industry has made brilliant achievements.
Entering the new era, the exploration and research and industrialization of disruptive technologies is an important support for the realization of aviation power, and it is also an extremely complex system engineering, which requires strategic planning and layout and strategic focus to promote development.
Strengthening the original innovation is the only way to achieve a high level of development in the aviation field in the new era, and taking disruptive technology as the traction is an important grasp of the new era of aviation to achieve lane change and overtaking, and it is necessary to take the initiative to carry out scanning, identification and prediction of aviation disruptive technology, and firmly grasp the pulse of future aviation development.
(Author: Fan Huitao, academician of the Chinese Academy of Engineering, researcher of China Aviation Industry Group Co., Ltd.)
All images in this edition are Bright Pictures / Visual China except for the signature
(Edited by: Luo Zhi, Li Nanhua)
Public Number ： People 's Network Finance
Share it so more people can see it.
Back to top

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

The demand for new aircraft is expected to reach 43,610 in 20 years, with North America having the highest demand at 9,160 aircraft, and the Asia-Pacific region expected to exhibit the highest CAGR in the aerospace foam market, driven by increasing air travelers.

Title:

Content: There were 1,497 press releases posted in the last 24 hours and 458,636 in the last 365 days.

Aerospace Foam Market is Expected to Reach USD 9.7 Billion by 2032, with a CAGR of 6.50% – Report by Market Research Future (MRFR)

Aerospace Foam Market Research Report Information By Material (PU Foams, PE Foams, Melamine Foams, PMI/Polyimide Foams, and Others), By End Use (Commercial Aircraft, Military Aircraft, and General Aviation), By Application (Aircraft Seats, Aircraft Floor Carpets, Flight Deck Pads, Cabin Walls and Ceilings, Overhead Stow Bins, and Others (Aircraft Prototypes, Galleys and Lavatories)), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032

/EIN News/ -- New York (US), June 13, 2023 (GLOBE NEWSWIRE) -- Aerospace Foam Market Overview

Market Research Future (MRFR) states that the "Aerospace Foam Market Research Report Information By Material, End Use, Application & Region - Market Forecast 2032" the Aerospace Foam Market is poised to escalate from USD 5.5 billion in 2022 to USD 9.7 billion by 2032, growing at a 6.50% CAGR during the assessment period (2023-2032). The aerospace foam market is likely to garner significant traction. The continuous expansion of the aerospace industry would create vast market demand.

The aerospace industry harbors the goal of improving fuel efficiency. When labor and operating costs continue to rise, reducing fuel costs can increase profitability and stable competitiveness for passenger airlines. To meet the challenges of rising operating costs and ever-increasing demands for cost savings, enhanced performance, and sustainability, aircraft manufacturers adopt lightweight materials.

Foaming protects materials against abrasion, temperature, moisture, impact, and corrosion. Using foam reduces overall weight, enhancing fuel economy, insulation, sound absorption, and corrosion resistance. The aerospace foam industry is continuously seeking more eco-friendly business practices to minimize their environmental impact in terms of sustainability and cost-effectiveness. The factors listed above allow aircraft manufacturers to reduce fuel consumption.

Get a Free Sample PDF Brochure:

https://www.marketresearchfuture.com/sample_request/11752

The recent upsurge in the unrest surrounding air travel and the rising desire for lightweight, fuel-efficient aircraft are the key market drivers enhancing the market growth. In addition, aerospace foam is utilized extensively as a component of coatings, paints, and adhesives in residential and commercial properties, boosting the market's growth. Governments globally are implementing stricter fuel consumption standards for aircraft.

Key Companies in the Aerospace Foam market include

  • BASF SE
  • Huntsman Corporation
  • Armacell
  • BOYD Corporation
  • Evonik Industries
  • Sabic
  • Rogers Corporation
  • Zetofoams PLC
  • General Plastics Manufacturing Company
  • ERG Materials
  • Among others.

Report Scope:

Report Attribute Details
Market Size 2032 USD 9.7 Billion
Compound Annual Growth Rate (CAGR) 6.50% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Forecast Units Value (USD billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered By Type, Application, and Region
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Dynamics Increasing commotion across air travel in recent years and the increasing demand for lightweight and fuel-efficient aircraft

Browse In-depth Market Research Report (128 Pages) on Aerospace Foam:

https://www.marketresearchfuture.com/reports/aerospace-foam-market-11752

Segments

The global aerospace foam market report is segmented into materials, applications, end uses, and regions. The material segment is sub-segmented into PU, PE, Melamine, PMI/Polyimide Foams, and others. The PU foams segment holds the largest market share due to the product's broad range of applications. PU foams are utilized as insulation for aircraft's baggage areas, ceilings, walls, and partitions between class sections & restrooms.

The end-use segment is sub-segmented into commercial, military, and general aviation. The commercial aircraft segment holds the largest market share due to the expanding global air travel. Additionally, the expansion of low-cost carriers increases the demand for foams.

The application segment is sub-segmented into aircraft seats, floor carpets, flight deck pads, cabin walls & ceilings, overhead stow bins, and others (aircraft prototypes, galleys, and lavatories). Of these, the cabin walls & ceilings segment holds a leading market share due to the extensive use of aerospace foam, particularly PU foam, in aircraft chassis.

With the fastest growth rate and largest revenue share, the segment is expected to continue to rise during the projected period. By regions, the aerospace foam market is segmented into the Americas, Europe, Asia-Pacific, MEA, and the rest of the world. North America accounts for the extensive market share, while APAC exhibits the highest CAGR.

Share Your Queries:

https://www.marketresearchfuture.com/enquiry/11752

Regional Analysis

North America dominates the global aerospace foam market due to the upsurge in PU foam sales in the region. Besides, high consumer disposable income and luxurious living conditions in the US and Canada boost the aerospace foam market size. The US is a major contributor to the regional market, headed by the increasing aircraft demand across the nation over the last decade. Also, the presence of major aircraft manufacturers in the US substantiates the aerospace foam market revenues.

Europe accounts for the second-largest share of the global aerospace foam market. The vast increase in aircraft demand and overall airplane shipments due to the rising number of tourists visiting the continent in recent years has pushed the regional market demand. Germany holds the largest market share, while the UK is the fastest-growing market for aerospace foams in the region. The European aerospace foam market is predicted to grow steadily during the projected period.

The Asia-Pacific region perceives rapid growth in the aerospace foam market. The steady rise in air travelers and the demand for stronger yet lighter materials to increase aircraft fuel economy in developing nations drive market growth. A major growth driver behind the market growth will be the development of the aerospace industry in China, India, Korea, and Taiwan.

Additionally, increased economic growth has led to stimulated investments in the aircraft industry and increased air travel in the region. China holds the largest share, whereas India is the fastest-growing market for aerospace foams. The APAC aerospace foam market is anticipated to grow during the forecast period.

Ask for Customization:

https://www.marketresearchfuture.com/ask_for_customize/11752

Competitive Landscape

There are numerous players operating in the global aerospace foam market. These players lead the market owing to their product differentiation, strategic developments, financial stability, and diversified regional presence. Leading market players are involved in developing awareness campaigns and establishing innovative products, which are predicted to promote the growth of the market.

The players concentrate on supporting research and development. They embrace strategic approaches, such as product development & introduction, joint ventures (JVs), and partnerships, to strengthen their market position and capture an extensive customer base.

For instance, On Jun. 15, 2022, 3A Composites Core Materials announced the acquisition of the TegraCore foam business. TegraCore polyphenylsulfone (PPSU) thermoplastic resin-based foam is lightweight, recyclable, and with fire-retardant properties for complex shapes, which will become part of a portfolio under the name Airex TegraCore.

With its fire-retardant properties, Airex TegraCore foam can meet the requirements of demanding environmental conditions and complex shapes. Airex foam includes products such as Airex R82 and T90 foams, coring for fire, smoke, and toxicity (FST) applications. The acquisition will enhance the already high-end portfolio of 3A Composites, reinforcing its offering and allowing further developments in targeted markets, such as aerospace, marine, and rail.

Prominent players in the global aerospace foam market are Huntsman Corporation, BASF SE, Armacell, Evonik Industries, BOYD Corporation, Sabic, Rogers Corporation, General Plastics Manufacturing Company, Zetofoams PLC, and ERG Materials, among others.

Discover more research Reports on Chemical Industry, by Market Research Future:

Bronze Market Research Report Information By Type (Aluminum Bronze, Phosphor Bronze, Silicon Bronze, Manganese Bronze, Leaded Bronze, Others), By Process (Bronze Casting, Bronze Forging, Bronze Extrusion, Others), By End-Use (Architecture, Marine, Automotive & Transportation, Electrical & Electronics, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

Metal Grating Market Research Report Information by Product Type (Bar Grating and Safety Grating), By Material Type (Carbon Steel, Aluminum, Stainless Steel, Galvanized Steel, and Others), End-User (Water & Wastewater Treatment Industry, Chemical Industry, Oil & Gas, Food Industry, and Others) And Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Magnesium Chloride Market Research Report Information by Form (Liquid and Flakes), Grade (Industrial, Food & Pharmaceutical), Application (Deicing Agent, Dust Suppressant, Chemicals & Derivatives, Building Materials, Pharmaceuticals, Food & Feed and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow UsLinkedIn | Twitter

Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

Title:

Content: China surging news reported on the 15th, the United States Boeing released the 2021 version of the "Civil Aviation Market Forecast" report on the 14th, noting that basically, the global market is recovering according to the company's 2020 expectations.
The recovery in domestic air travel demand is leading the trend, with the interregional market expected to recover with the relaxation of hygiene and travel restrictions, and eventually remote international travel will return to pre-pandemic levels in 2023-2024.
In the next 20 years, the demand for new aircraft will reach 43,610, the highest in the North American market is 9,160, and the demand in China is 8,700.
The report pointed out that the economic recovery has laid the foundation for a rebound in air passenger traffic, and the future prospects for air passenger traffic will remain stable.
Looking forward to 2025, GDP will increase by more than 15% compared to 2019, and GDP per capita will increase by about 10%.
The 21-year average passenger flow growth from 2019 to 2040 is expected to be 4%, in line with last year ’ s forecast, indicating that the basic global demand for air transport has not changed.
The report predicts that due to cyclical and structural market dynamics, the future air cargo market demand is strong, and full cargo aircraft is a significant growth area, including original cargo aircraft and modified cargo aircraft are forecast to increase from the previous year.
Thanks to the growth of e-commerce and the speed and reliability of air cargo, the world cargo fleet will increase from about 2,000 in 2019 to about 3,400, and the sustainable demand for air cargo will increase the global cargo fleet by more than 70% compared to the pre-pandemic size by 2040.
Notably, the report predicts that the world will need 19,000 civilian aircraft worth $3.2 trillion in the next 10 years, and demand for more than 43,500 new aircraft worth $7.2 trillion in the 20-year period to 2040, an increase of about 500 over the previous year ’ s forecast.
Among them, as of 2040, the demand for regional jets is 2,390, single-aisle aircraft 32,660, wide-body aircraft 7670, wide-body cargo aircraft 890, and aircraft demand totals 43,610.
The North American market has the highest demand, at 9,160, and the Chinese demand is 8,700.
This demand will lead to a 3.1% annual growth in the global active fleet, with the global civil aviation fleet set to surpass 49,000 by 2040, China, Europe, North America and Asia Pacific each accounting for 20% of new aircraft deliveries, with the remaining 20% going to emerging markets.
Traffic disruptions have a significant impact on aircraft deliveries and active fleets due to the pandemic. The report anticipates that the civil aviation industry will need more than 7,500 new wide-body aircraft by 2040 to meet fleet renewal and long-term growth in demand in the remote passenger and cargo market.
These demand increased slightly from the previous year, but decreased by 8% from 2019.
At present, single-aisle aircraft account for nearly 64% of the global passenger fleet, and single-aisle aircraft account for the largest proportion of new aircraft deliveries, roughly in line with pre-pandemic forecasts, accounting for 75%, and demand for more than 32,500 aircraft over the next 20 years.
The report notes that global demand for new single-aisle aircraft is driven by the size and flexibility of single-aisle aircraft.
In the future, these new single-aisle aircraft will continue to promote the development of low-cost airlines and provide the needed alternatives for older, less efficient aircraft.
The three regional markets for the new single-aisle aircraft are Asia Pacific, Europe and North America, which account for more than 80% of global low-cost airline capacity in 2019 and throughout the forecast period.
In addition, the report predicts long-term growth in the short-haul market, especially in emerging markets, and predicts that intra-regional short-haul travel accounts for more than half of the industry ’ s total growth demand, with inbound travel alone accounting for 17% of the industry ’ s new capacity.
Historically, excursions have been spurred by improved services, such as new direct routes and lower fares through low-cost airlines.
The report predicts that the share of Asian airlines in the global market will continue to increase, with China ’ s passenger share expected to grow from 15% in 19 years to 20% in 2040, and Asia Pacific ’ s passenger share expected to grow from 18% in 19 years to 21%.
# Growth # Planes # Forecasts # Future # Markets

Boeing expects 44,000 aircraft to be needed by 2043, with the total number of planes in use almost doubling by 2043, and the demand for new aircraft is increasing due to replacement and bottlenecks, with the fleet age being one to one-and-a-half years older.

Title:

Content: Boeing expects the aviation industry to need 44,000 aircraft by 2043
T + T - normal size
Boeing expects the aviation industry to need 44,000 aircraft over the next two decades.
Boeing, in its latest long-range forecast on Friday, said it expected the total number of passenger and cargo planes in use around the world would almost double by 2043.
Boeing director Darren Holst explained that travel is more important to people now than during the coronavirus pandemic.
Demand is also increasing as aircraft are replaced later than usual due to delivery bottlenecks.
Holst said the age of the fleet was one to one-and-a-half years older, on average, than before the pandemic.
Boeing raised its demand forecast by 3% in a year, and about three-quarters of the aircraft required will be single-aisle aircraft.
Low-cost aircraft play a key role in this, Holst said, adding that one-fifth of expected long-term demand is expected to come from China alone.
Email

The single-aisle aircraft market will require 26.73 thousand aircraft, with the wide-body segment requiring 8.83 thousand new aircraft, and passenger traffic is expected to grow at 5% per year, with air freight volume growing 4.7% annually.

Title:

Content: Boeing: airlines will need 38,500 new aircraft in the next 20 years
Boeing adjusted its forecast for last year, increasing airlines' demand for new aircraft over the next 20 years to 38,500 new aircraft.
Forecast data are provided on the company ’ s website, Kazpravda.kz reports with reference to TASS.
"The civilian aircraft market is still robust and stable," said Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes.
“In the future, we expect further market growth and sustainable demand for new aircraft. ”
By the end of the forecast period, the fleet of civil aircraft will double – from 21.6 thousand aircraft in 2014 to 43.56 thousand aircraft in 2034.
Thus, the forecast for last year increased by 3.5%.
The value of all new aircraft is estimated by Boeing at $5.6 trillion.
The company believes that the growth of passenger traffic will continue at about 5% per year: over the next 20 years, more than 7 billion passengers will be transported.
The volume of air freight will grow by 4.7% annually, according to Boeing.
The market for single-aisle aircraft will require 26.73 thousand aircraft.
About 35% of narrow-body vessels will be operated by budget airlines.
The wide-body segment of the market will require 8.83 thousand new aircraft.
According to the aircraft manufacturer, only China over the next 20 years will need 14.3 thousand aircraft; European airlines - 7.8 thousand aircraft, North American - 7.3 thousand.
The CIS countries will need 1.15 thousand aircraft.
“Most of the demand for new aircraft is still driven by the growth of airlines.
However, replacement will require outdated aircraft, the number of which is constantly growing.
Every year, 2-3% of the operated fleet will need to be updated, ” the report says.
Popular
All
Archaeologists, exploring the Kazakh wintering near Astana, replenished its history with new data
Where does the money go?
What does the Fund "Kazakhstan Halkyna" do?
This issue is of concern to many Kazakhs.
The society has matured a request for an update
Is there life after oil?
Expert opinion
Goodbye, unfashionable VIP?..
A hundred years ago in Akmolinsk...
Governments are governed by people of knowledge
The new school is falling apart before our eyes.
Who's in charge?
Plus four applicants.
The command of time
Society is waiting for change
Continued constitutional review
Region of special importance
Encrypted message in the ring
Safeguarding peace and security
Responding to Citizens' Requests
Street art for the holiday
On the eve of home matches
Home and... fans help
Applicants are a woman
Expulsion of a Russian surgeon from Kazakhstan commented in the Ministry of Internal Affairs
About 150 thousand Russians left Kazakhstan in two weeks
The tone of Zakharova ’ s statement does not correspond to the nature of allied relations – MFA RK
Renewal of the elites – the paradigm of justice
The detention of Russian and Belarusian truckers at the border explained the head of MIIR
Elections for any country are a serious test of the strength of the state and the civic maturity of voters.
The Ministry of Health introduced a bill that decriminalizes the responsibility of doctors for medical errors.
Who would benefit from doctors meeting less frequently with investigators?
Economic development is unthinkable without science
How to be Kazakhstanis with a residence permit, received a summons in Russia, explained in the Ministry of Foreign Affairs of Kazakhstan
Southerners continue to discuss the results of the President ’ s visit to the region, during which Kassym-Jomart Tokayev, in particular, announced the granting of Turkestan the status of a spiritual and historical capital.
When will the holy month of Ramadan begin in 2023?
Political Modernization: Necessary Tasks and Unexpected Solutions
Why single-parent families were excluded from the program "Bakytty otbasy", explained in MIIR
ONLINE TRANSLATION of the meeting of the Government of the Republic of Kazakhstan
Russians who fought in Uralsk will be expelled from Kazakhstan
With an unusual weapon robbed a gaming club for millions of Karaganda - video
Residents of Zharkyn, a suburban village of Semey, are outraged by the low quality of the repaired road
Mailing about the appeal of Russia of the CSTO member states to the Donbass is distributed in social networks
Woman with 7-year-old daughter found killed in Karaganda region: the version of their death told the grandmother
Will Kazakhstan return the Russians who evaded mobilization?
Continue the tradition of China-Kazakhstan relations and open up new opportunities
Presidential Decree of the Republic of Kazakhstan
Rocket with spacecraft scared Kazakhstanis – video
Where and when to watch the broadcast of the match Golovkin – "Canelo"
Trafficking in human beings: more than 20 crimes revealed by the police of Kazakhstan
Announced innovations UNT-2023
The situation on coronavirus in Kazakhstan on September 14
When the capital of Kazakhstan will once again become Astana
Reformer with a capital letter
The head of the Ministry of Emergency Situations spoke about the helicopters sent to Russia
Archaeologist Andrei Astafiev discovered the oldest trade craft center in Mangistau
Republic of Kazakhstan Law
Tariffs for commercial services reduced by almost 10 billion tenge in 12 regions
Musin came by the "good old habit" without warning to the PSC and told what was waiting for him there
Pensioners in Kazakhstan to receive lump-sum payment for the Day of Older Persons
The influx of Russians to Kazakhstan explained in the Ministry of Internal Affairs of Kazakhstan
Tariffs of insurance payments to patients affected by doctors offered by the Ministry of Health
Presidential Decree of the Republic of Kazakhstan
The position of Kazakhstan on the referendums in the LPR and DPR was outlined in the Ministry of Foreign Affairs of the Republic of Kazakhstan
The government has completely lost control over the development of coal mines in Karaganda – MP
Read also
Technology
WhatsApp bans users from taking screenshots
Technology, Digitalization, Other
Coal began to be sold through a banking mobile application.
International cooperation, Economics, Technology
The AFM will be able to arrest and confiscate criminal crypt...
Technology, Worldwide
Google Translate shut down in China
Archive
• [[year]]
• [[month.label]]
• [[day]]

The total value of new aircraft is estimated to be $5.6 trillion, with 45,000 fuel-efficient aircraft expected to be delivered by 2040, and the global civil aviation fleet will surpass 49,000 by 2040, with Asia Pacific, Europe, and North America accounting for 80% of global demand.

Title:

Content: Cirium expects 45,000 more fuel-efficient aircraft to be delivered by 2040, worth $2.9 trillion
Cirium predicts that over the next 20 years, the world will spend $2.9 trillion on about 45,000 new aircraft.
• New aircraft expected to be delivered will replace the ageing fleet to meet projected annual growth of 3.7% in air passenger traffic
Single-aisle jets are expected to account for 70% of passenger aircraft deliveries by 2040
• China is expected to top the list with a 20% share in aircraft deliveries – the region ’ s air passenger growth is expected to exceed 6%
• Around 80% of existing passenger aircraft will be retired between 2021 and 2040
Over 3,500 freighter deliveries over the next 20 years – including new freighters and modified airliners
Download
Loading media player...
An estimated 45,000 aircraft worth U.S. $2.9 trillion to be delivered by 2040.
Revealed in Cirium's new Fleet Forecast.
LONDON -- The newly released 2021 Cirium Fleet Forecast shows that around 45,000 new, more fuel-efficient aircraft will be purchased globally over the next 20 years, with an estimated $2.9 trillion in aircraft purchases.
According to the Cirium Fleet Forecast released by Ascend by Cirium, a consulting firm of aviation analytics firm Cirium, global cumulative aircraft deliveries for the next 20 years will be 4% higher than predicted a year ago by 2040.
The report outlines the positive outlook for the aviation industry and its recovery from the COVID-19 pandemic.
The COVID-19 pandemic has severely affected air travel, as well as aircraft deliveries.
Global aircraft deliveries fell by 43% - or 600 aircraft - in 2020.
Aircraft deliveries recovered somewhat in 2021, but are still 25% below 2019 levels.
Air travel is reopening as global vaccination programs become more widespread, leading to an increase of 300 aircraft deliveries in 2021 — a feat achieved when Boeing 787 was found to be problematic.
Rob Morris, Global Advisory Director, Ascend by Cirium, said: “The Cirium Fleet Forecast 2021 presents an optimistic long-term outlook for the aviation industry, which will return to a more traditional growth trajectory after 2024, although structurally different from before.
Air passenger traffic is expected to grow at an annual rate of 3.7%, so the global passenger fleet will need to increase by almost 22,000 aircraft.
“If the above projections are realized, the global passenger fleet will reach the size of about 47,200 aircraft by the end of 2040. ”
The projected delivery of new aircraft will not only meet the growing demand for air transport, but will also replace older aircraft that are less fuel efficient. "
China leads in aircraft deliveries
The number of aircraft deliveries will vary depending on the region where the airline is located, and the Asian market is expected to be the growth engine.
China is expected to lead the world with more than 6% growth in air passenger traffic – also topping the list in aircraft deliveries, accounting for 20% of the world ’ s total.
China ’ s delivery figures are significantly ahead of all other Asia-Pacific countries, which together account for 22% of the total.
North American carriers are expected to account for 20 percent, while European carriers will account for 17 percent.
The Middle East is estimated to account for 7% of the share, but because the region will deliver a large number of twin-aisle aircraft, it will account for 11% in terms of aircraft value.
Latin America, which is similar to the Middle East, will also account for 7%.
Russia and the Commonwealth of Independent States (CIS) accounted for 4%, and Africa accounted for 3%.
Most of the new deliveries will be single-aisle jets
The fleet forecast report shows that over the next 20 years, single-aisle jets will account for 70% of total aircraft deliveries and 55% of total delivery value.
The total value of newly delivered single-aisle jets is $1.6 trillion.
The mainstream model will still be the 150-seat aircraft, represented by the Airbus A320neo and Boeing 737 Max 8, which will account for 50% of deliveries.
Popular models with more than 180 seats include the A321 neo and the B737 Max 10, which will have an increasing share each year and will account for 40% of deliveries over the next 20 years.
Airbus and Boeing are expected to develop a new generation of single-aisle aircraft in the early to mid-2030s.
The $1.1 trillion dual-aisle aircraft market will be dominated by the B787 and A350 models, with 250-300-seat “medium ” aircraft accounting for about 65% of the total value delivered.
The large passenger aircraft market will be contested by the A350-1000 and the B777-9.
Aircraft deliveries in regional markets are expected to reach a scale of $150 billion.
About a third of them will be turboprop aircraft, based on 70-seat models.
Starting in 2030, a larger 90-seat model will enter the market.
Future new aircraft projects in the market include the MA700 from China and an expected new line of aircraft from Embraer.
Older models will be replaced by a new generation of aircraft.
It is predicted that about 80% of current passenger aircraft will be out of passenger service between 2021 and 2040.
As the airline industry begins to focus on driving down carbon emissions and focusing on sustainability, it will become increasingly important to replace these older, more fuel-efficient aircraft with new models.
Overall, in addition to several relatively new aircraft that are being phased out earlier, around 19,000 aircraft in the global passenger fleet will be phased out by the end of 2020.
According to analysis by Ascend by Cirium, the average economic life expectancy for single-aisle aircraft is 22 years and for twin-aisle aircraft is 20 years.
The number of freighters is growing: including new freighters and refitted freighters
As the global freight industry continues to perform strongly, freighter capacity (based on available tonnage kilometres) is expected to grow by 3.3% over 2019, with a projected supply of around 3,500 freighters over the next 20 years.
Of this total, it is expected that 30 per cent will be new freighters and 70 per cent will be converted from passenger aircraft.
About 1,050 new freighters are expected to be shipped, valued at $121 billion.
More online shopping during the epidemic period has promoted the development of e-commerce, and the growth of e-commerce has promoted the conversion of airliners to freighters.
Modification projects are focused on newer models such as the A321, B737-800, A330 and B777-300ER.
The Cirium Fleet Forecast is an independent outlook report on the global commercial passenger and cargo aircraft market, based on the industry ’ s premier combination of data and years of expertise.
Click here to download the executive summary of the Cirium Fleet Forecast 2021.
About Cirium
Cirium is a company that combines powerful data and analytics services to drive the world ’ s continued growth. With decades of industry experience, Cirium provides clients with expert insights to help companies, aircraft manufacturers, airports, airlines and financial institutions make informed business decisions that shape the future of the travel industry, improve business returns and improve customer experience. RELX PLC is the world ’ s leading provider of information and data analytics to professional and commercial customers across a wide range of industries.
Shares of parent company RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Visit cirium.com for more information or follow Cirium ’ s LinkedIn account and WeChat account, CiriumCN.
Disclaimer: The original version of this announcement is the official authorized version. The translation is for convenience only. Please refer to the original version, the original version is the only version with legal effect.
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

The key trends driving growth in the aerospace market towards sustainability include the growing demand for commercial aircraft in developing nations, increasing airline passenger traffic, and the need for sustainable and high-performance aerospace components.

Title:

Content: AMA Research & Media

Aerospace & Defense C-Class Parts Market Is Booming Worldwide : Satcom Direct, Amphenol, Precision Castparts

NJ New Jersey, USA -- (SBWIRE) -- 03/22/2023 -- Advance Market Analytics published a new research publication on "Aerospace & Defense C-Class Parts Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Aerospace & Defense C-Class Parts market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study are Amphenol Corporation (United States), Precision Castparts Corporation (United States), Arconic Inc. (United States), Eaton Corporation (Ireland), RCB Bearings Incorporated (United States), Stanley Black & Decker Inc. (United States), Trimas Corporation (United States), LiSi Aerospace (France), Satcom Direct (United States), NTN Corporation (Japan).

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/20003-global-aerospace-defense-c-class-parts-market#utm_source=SBWireLal

Scope of the Report of Aerospace & Defense C-Class Parts
Growing demand for commercial aircraft in developing nations will help to boost global Aerospace & Defense C-Class Parts market in the forecasted period. there are various c-class parts and components such as fasteners, bearings, electrical, machined Part. the rising demand for fasteners due to the rise in demand for low-cost carriers across the world. This growth is primarily driven by Growing Demand for Lightweight and High Corrosion-Resistant Fasteners and Increasing Airline Passenger Traffic.

The titled segments and sub-section of the market are illuminated below:
by Type (Hardware Components (Fasteners, Fuselage, Wings, Landing Gear Fittings, Control Surfaces, Flight Control Actuating Systems), Bearings, Electronic Components (Connectors, Switches, Cables, Sleeving, Terminals, Contact), Machined Parts, Other), Application (Airframe, System, Engine, Interiors), Distribution Channel (OEM, Aftermarkets), Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft), End User (Commercial, Military & Defense, Spacecrafts)

Opportunities:
Growing Advancement in Technology
The Emergence of Private Space Research and Exploration Companies

Market Trends:
Fuelling Aircraft Fleet Size
Upsurging the share of Wide-Body Aircraft in Commercial Aircraft Deliveries

Market Drivers:
Increasing Airline Passenger Traffic
Growing Demand for Lightweight and High Corrosion-Resistant Fasteners

Have Any Questions Regarding Global Aerospace & Defense C-Class Parts Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/20003-global-aerospace-defense-c-class-parts-market#utm_source=SBWireLal

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Strategic Points Covered in Table of Content of Global Aerospace & Defense C-Class Parts Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Aerospace & Defense C-Class Parts market
Chapter 2: Exclusive Summary – the basic information of the Aerospace & Defense C-Class Parts Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Aerospace & Defense C-Class Parts
Chapter 4: Presenting the Aerospace & Defense C-Class Parts Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Aerospace & Defense C-Class Parts market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Aerospace & Defense C-Class Parts Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/20003-global-aerospace-defense-c-class-parts-market#utm_source=SBWireLal

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

The development of hydrogen-powered aircraft is a key area of focus for the aviation industry, with companies such as Rolls-Royce and easyJet testing hydrogen jet engines for aircraft use, and Airbus planning to test hydrogen engines on an A380 by 2026.

Title:

Content: People 's Network > > International
Rolls-Royce to test hydrogen jet engines
November 29, 2022 15: 06 | Source: Xinhua Network
Small number
BEIJING, Nov. 29 (Xinhua) -- British aero-engine manufacturer Rolls-Royce is testing aircraft engines that use hydrogen energy.
The British Broadcasting Corporation (BBC) reported on the 28th that the test is Rolls-Royce's conventional AE-2011A turbine engine, which is designed to be widely used in regional airliners around the world.
This is the first time a modern aircraft engine has been powered by hydrogen.
This is a profile photo of the brand logo taken by Rolls-Royce in Derbyshire, UK, on September 13, 2016.
Photo by Han Yan, Xinhua News Agency
The tests were carried out jointly by Rolls-Royce and easyJet.
At this stage, the engine has been able to use hydrogen energy to operate at low speed.
The tests were designed to demonstrate the possibility of using hydrogen to run and control aircraft engines.
In the long run, the plan aims to allow hydrogen to play an important role in promoting the continued development of the aviation industry while significantly reducing greenhouse gas emissions.
"We're looking at hydrogen to actually achieve net zero emissions," said Alan Newby, director of aerospace technology at Rolls-Royce. "The advantage of hydrogen is that it doesn't contain carbon, so it doesn't produce carbon dioxide when burned."
easyJet chief operating officer David Morgan said hydrogen fuel was an "exciting" idea.
Morgan said: “We started thinking about the future of aviation fuel a few years ago.
We have considered battery technology, but it is clear that battery technology may not be able to support the large commercial aircraft we operate. "
Compared to battery technology, the advantage of using hydrogen energy in aircraft is that it can provide more energy per kilometer range.
For large aircraft, batteries are too heavy.
However, the use of hydrogen in the aviation industry still faces bottlenecks.
These tests have so far shown that the aircraft engine can only be started with hydrogen energy and travel at low speeds.
In addition, hydrogen energy storage is more complex and requires more space than ordinary aviation fuel.
Neubi says hydrogen storage requires containers and is kept at extremely low temperatures. "How to deliver hydrogen to the engine is also a problem." (Pu Xiaoming)
(Edited by: Ai Wen, Liu Ye Ting)
Share it so more people can see it.
Back to top

Title:

Content: Airline Airbus is preparing to test an environmentally friendly passenger aircraft with a hydrogen engine
European aviation giant Airbus plans to test a hydrogen engine in a modified A380 aircraft in 2026.
The company is considering the prospect of using low-emission fuel for commercial air travel, CNBC reports.
Airbus is partnering with engine manufacturer CFM International, a joint venture between General Electric ’ s aviation division and French company Safran.
Work is underway on a test aircraft that will include a modified version of the engine already in use.
It will have to withstand higher loads.
Airbus says test flights could begin in 2026.
The aviation industry accounts for more than 2% of the world ’ s total carbon emissions.
Airbus says it is working on a hydrogen-powered passenger plane scheduled to enter service in 2035.
The American corporation Boeing competes with the European aviation giant, which focused on the use of a relatively environmentally friendly type of traditional aviation fuel.
The company ’ s CEO, Dave Calhoun, has said he does not expect a hydrogen-powered aircraft to arrive on a significant scale before 2050.
Airbus has chosen its A380, the world ’ s largest passenger aircraft, to be equipped with a hydrogen engine because it has room for storing liquid hydrogen tanks and other equipment.
At the end of 2021, the concept of a hydrogen aircraft was presented in the UK.
It will be able to carry 279 passengers at the same time and fly with the same speed and comfort as modern aircraft.
The project is being developed as part of the government-supported FlyZero project.
Hydrogen technologies are also being developed in the automotive industry.
Hyundai Motor Group said it plans to offer hydrogen fuel cell versions for all of its commercial vehicles by 2028, and two years later will lower the prices of these cars to the level of electric car prices.

What does Airbus plan to do to bring the low-emission fuel to commercial air travel?

It plans to test hydrogen-powered engines on a modified A380 by 2026.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Which manufacturer is going to test hydrogen engine for aircraft?

What does Airbus plan to do to bring the low-emission fuel to commercial air travel?

It plans to test hydrogen-powered engines on a modified A380 by 2026.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Which manufacturer is going to test hydrogen engine for aircraft?

The implementation of sustainable aviation fuels (SAFs) is expected to play a significant role in reducing carbon emissions in the aviation industry, with some estimates suggesting that SAFs could account for up to 5% of global jet fuel demand by 2030.

Title:

Content: BNEF: SAFs could make up 7.5 per cent of jet fuel demand by 2030

• 3 min read

But analyst warns of 'significant hurdles' in scaling nascent sustainable aviation fuel market, including scarcity of supply and competition for feedstock with renewable diesel market

Aviation biofuels could account for up to five per cent of global jet fuel demand before the end of the decade, up from less than 0.1 per cent today, according to Bloomberg New Energy Finance (BNEF).

Released yesterday, the influential analyst firm's latest projections on the burgeoning market for so-called sustainable aviation fuels (SAF) estimate that, under current policies, planes could be using up to seven billion gallons of SAF worldwide by 2030.

But that figure could rise to 10.6 billion gallons - or 7.5 per cent of jet fuel used globally - if more supportive policies designed to boost adoption of SAF are introduced by governments worldwide, BNEF said.

However, at present significant hurdles still stand in the way of scaling the emerging market for SAFs, despite airlines claims the fuel will provide a key lever for cutting emissions from flights in the short to medium term. The report warns that supplies of alternative jet fuels remain scarce and "highly concentrated" among a few producers, despite the aviation sector's growing enthusiasm for greener fuels.

In the short term, SAF production capacity could exceed 2.5 billion gallons by 2026 if a "multitude" of new SAF plants come online as planned over the next five years, BNEF estimates. But production could reach four billion gallons by the same year if plants maximise their SAF yields, with output potentially rising to 7.6 billion gallons if all renewable diesel projects are adapted to maximise SAF production instead, according to the research.

Major airline operators have made fuel blending a critical plank of their net zero strategies, with BNEF's outlook noting that 30 of the world's top airlines have set some form of SAF adoption target by 2030 in support of their climate goals.

Moreover, a growing number of national governments are beginning to set out policies, roadmaps, and targets to support domestic SAF adoption, with Canada, China, and Japan now joining a market that has to date been largely driven by Europe and the US.

SAFs are seen as one of few low-carbon technologies with the potential to help decarbonise the aviation sector in the near-term. Other technologies such as electric and hydrogen-powered flight are still in their relative infancy, and are not expected to play a major role in decarbonising aviation for a decade or more.

But campaigners have raised concerns that the aviation sector's decarbonisation plans remain overly reliant on fuel blending with SAFs. They have noted that demand for SAF is on track to significantly outstrip production and have pointed to the significant biodiversity, climate, and food security implications of the mass production of biofuels from energy crops. There have been growing calls for aviation firms to meet their SAF commitments by moving away from biofuels and to instead focus their attention on ramping up investments in e-fuels - otherwise known power-to-liquid-fuels - which can be produced with zero emissions and without land use impacts by combining green hydrogen, captured carbon, and water.

Meanwhile, analysts have warned that the aviation industry's long-term SAF targets are overly-optimistic, arguing that limitations to current technology and feedstocks mean airline decarbonisation plans that are heavily reliant on biofuels are unrealistic.

BNEF repeated such warnings in its SAF market projections yesterday, pointing to scarcity of supply, competition with renewable diesel for resources, and a lack of technological diversification as the main challenges for the nascent SAF market. "If unaddressed, these will lead to substantial bottlenecks and could cause the aviation industry to fall short of its ambitious goals," the research firm warned.

Want to find out more about the net zero transition and how businesses are seizing the opportunities on offer? Sign up now for the Net Zero Festival, which will take place in London on September 28th and 29th.

More on Aviation

UK Emissions Trading Scheme: Government confirms 2023 criteria for sustainable aviation fuels

Latest update on plans for UK ETS establishes guidelines for incorporating emissions savings from green aviation fuels

01 September 2022 • 3 min read

Inside Shell's new plan to bolster sustainable aviation fuel

Shell reveals latest plans to ramp up delivery of greener aviation fuels

Mike De Socio, GreenBiz.com
26 August 2022 • 5 min read

For net zero, the cost of living and NHS: Britain's next PM must double-down on active travel

Embedding physical activity into daily travel boosts health, saves money and cuts CO2, writes Sustrans CEO Xavier Brice

Xavier Brice, Sustrans
23 August 2022 • 3 min read

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

The global sustainable aviation fuel market is expected to reach $2987.5 million by 2027, driven by the rising need to reduce GHG emissions and high fuel efficiency of sustainable aviation fuel, with North America expected to serve as a lucrative growth avenue for sustainable aviation fuel.

Title:

Content: Global sustainable aviation fuel market size to reach USD 2987.5 million valuation by 2027

The latest business intelligence report on ‘global sustainable aviation fuel market’ presents an unbiased analysis of the industry augmentation history and forecast statistics for 2021-2027.

Pune, INDIA

Pune, India, Oct. 28, 2021 (GLOBE NEWSWIRE) -- According to credible sources, global sustainable aviation fuel market size was remunerated at USD 66 million in 2020 and is estimated to record a strong CAGR of 72.4% over 2021-2027, eventually reaching a valuation of USD 2987.5 million by the end of study period.

Proceeding further, the research literature studies the market from the perspective of fuel type, biofuel blending capacity, biofuel manufacturing technology, platform, and geographies to highlight the key areas for investment during the forecast period. Moreover, it explicates the competitive landscape on the basis of the strategies, financials, and recent developments of the leading players in this business sphere.

With increasing environmental awareness, the aviation sector is looking to reduce carbon footprints and lower GHG emissions, hence adopting alternative solutions like renewable jet fuels, hybrid-electric and all-electric aircraft, enhancing aero-engine efficiency through design adjustments, and many more.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/4219606/

However, when compared to other solutions, adoption of sustainable aviation fuels like synthetic fuels, e-fuels, bio jet fuels, green jet fuels, and hydrogen fuels is one of the most practical alternative solutions when it comes to socio-economic benefits and contributes notably to mitigating current and future aviation environmental impacts.

Moreover, airlines across the aviation sector are extending their commercial fleets due to increase in air travel. These factors are majorly driving global sustainable aviation fuel market growth.

For instance, Gevo, Inc. and Trafigura Trading LLC, entered into a binding renewable hydrocarbon purchase and sale agreement in August 2020. Trafigura will be capable of providing SAF to both domestic as well as foreign clients, having rising demand for low-carbon jet fuel.

Geographical outlook

Analysts cite that North America is likely to serve as a lucrative growth avenue for the worldwide sustainable aviation fuel industry participants throughout the study period, as countries such as the U.S. and Canada, are focusing on various programs to use renewable aviation fuel to assist in reducing carbon footprints due to increased air traffic and flying passengers.

Commercial Aviation Alternative Fuel Initiative (CAAFI), Canada's Biojet Supply Chain Initiative, and Midwest Aviation Sustainable Biofuels Initiative (MASBI) are some of the sustainable aviation fuel efforts that are undertaken by countries including the U.S. and Canada.

Moreover, North American market is one of the robust demand areas for sustainable aviation fuel owing to supportive regulations and measures to reduce aviation emissions.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-sustainable-aviation-fuel-market-size-research

Global Sustainable Aviation Fuel Market, by Fuel Type (Revenue, USD Million, 2018-2027)

  • Biofuel
  • Hydrogen Fuel
  • Power to Liquid Fuel

Global Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology (Revenue, USD Million, 2018-2027)

  • Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)
  • Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
  • Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
  • Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)
  • Alcohol to Jet SPK (ATJ-SPK)
  • Catalytic Hydrothermolysis Jet (CHJ)

Global Sustainable Aviation Fuel Market, by Biofuel Blending Capacity (Revenue, USD Million, 2018-2027)

  • Below 30%
  • 30% to 50%
  • Above 50%

Global Sustainable Aviation Fuel Market, by Platform (Revenue, USD Million, 2018-2027)

  • Commercial Aviation
  • Military Aviation
  • Business & General Aviation
  • Unmanned Aerial Vehicle

Global Sustainable Aviation Fuel Market, Regional Terrain (Revenue, USD Million, 2018-2027)

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Mexico
  • Brazil

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Rest of the World

Global Sustainable Aviation Fuel Market, Competitive Dashboard (Revenue, USD Million, 2018-2027)

  • S.G. Preston Company
  • Red Rock Biofuels LLC
  • Aemetis Inc.
  • Velocys plc
  • Fulcrum BioEnergy Inc.
  • SkyNRG BV
  • World Energy LLC
  • Eni S.p.A.
  • Gevo Inc.
  • Neste Oyj

Table of Content:

Chapter 1. Executive Summary

1.1.         Market Snapshot

1.2.         Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1.     Sustainable Aviation Fuel Market, by Region, 2019-2027 (USD Million)

1.2.2.     Sustainable Aviation Fuel Market, by Fuel Type, 2019-2027 (USD Million)

1.2.3.     Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology, 2019-2027 (USD Million)

1.2.4.     Sustainable Aviation Fuel Market, by Biofuel Blending Capacity, 2019-2027 (USD Million)

1.2.5.     Sustainable Aviation Fuel Market, by Platform, 2019-2027 (USD Million)

1.3.         Key Trends

1.4.         Estimation Methodology

1.5.         Research Assumption

Chapter 2. Global Sustainable Aviation Fuel Market Definition and Scope

2.1.         Objective of the Study

2.2.         Market Definition & Scope

2.2.1.     Scope of the Study

2.2.2.     Industry Evolution

2.3.         Years Considered for the Study

2.4.         Currency Conversion Rates

Chapter 3. Global Sustainable Aviation Fuel Market Dynamics

3.1.         Sustainable Aviation Fuel Market Impact Analysis (2019-2027)

3.1.1.     Market Drivers

3.1.1.1. Rising need for reduction in GHG emissions in aviation industry

3.1.1.2. Growing air passenger traffic

3.1.1.3. High fuel efficiency of SAF

3.1.2.     Market Challenges

3.1.2.1. Price difference between SAF and conventional jet fuel

3.1.3.     Market Opportunities

3.1.3.1. Increasing demand for SAF by airlines over the world

3.1.3.2. Sustainable marine fuel

3.1.3.3. Government initiatives

Chapter 4. Global Sustainable Aviation Fuel Market Industry Analysis

4.1.         Porter's 5 Force Model

4.1.1.     Bargaining Power of Suppliers

4.1.2.     Bargaining Power of Buyers

4.1.3.     Threat of New Entrants

4.1.4.     Threat of Substitutes

4.1.5.     Competitive Rivalry

4.1.6.     Futuristic Approach to Porter's 5 Force Model (2018-2027)

4.2.         PEST Analysis

4.2.1.     Political

4.2.2.     Economical

4.2.3.     Social

4.2.4.     Technological

4.3.         Investment Adoption Model

4.4.         Analyst Recommendation & Conclusion

Chapter 5. Global Sustainable Aviation Fuel Market, by Fuel Type

5.1.         Market Snapshot

5.2.         Global Sustainable Aviation Fuel Market by Fuel Type, Performance - Potential Analysis

5.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Million)

5.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

5.4.1.     Biofuel

5.4.2.     Hydrogen Fuel

5.4.3.     Power to Liquid Fuel

Chapter 6.vGlobal Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology,

6.1.         Market Snapshot

6.2.         Global Sustainable Aviation Fuel Market by Biofuel Manufacturing Technology, Performance-Potential Analysis

6.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Biofuel Manufacturing Technology, 2018-2027 (USD Million)

6.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

6.4.1.     Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)

6.4.2.     Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)

6.4.3.     Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)

6.4.4.     Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)

6.4.5.     Alcohol to Jet SPK (ATJ-SPK)

6.4.6.     Catalytic Hydrothermolysis Jet (CHJ)

Chapter 7. Global Sustainable Aviation Fuel Market, by Biofuel Blending Capacity,

7.1.         Market Snapshot

7.2.         Global Sustainable Aviation Fuel Market by Biofuel Blending Capacity, Performance-Potential Analysis

7.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Biofuel Blending Capacity, 2018-2027 (USD Million)

7.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

7.4.1.     Below 30%

7.4.2.     30% to 50%

7.4.3.     Above 50%

Chapter 8. Global Sustainable Aviation Fuel Market, by Platform,

8.1.         Market Snapshot

8.2.         Global Sustainable Aviation Fuel Market by Platform, Performance-Potential Analysis

8.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Platform, 2018-2027 (USD Million)

8.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

8.4.1.     Commercial Aviation

8.4.2.     Military Aviation

8.4.3.     Business & General Aviation

8.4.4.     Unmanned Aerial Vehicle

Chapter 9.   Global Sustainable Aviation Fuel Market, Regional Analysis

Related Report:

Aviation Fuel Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026

Global Aviation Fuel Market is expected to exceed USD 325 billion by 2026. The rising construction and expansion of airports coupled with rising production and delivery of aircrafts are driving the market share. Latin America and Middle East & Africa will witness healthy growth in the aviation fuel market share owing to increasing tourism. Recovering economy in Latin America with cross border merger of the airliners will further fuel the industry demand. Steady growth in air traffic will positively influence the product penetration. Increasing demand of business jets in the MEA is the prime factor driving the regional growth. Few of the major players operating in the aviation fuel market include Shell, BP, Chevron, Gazprom, Reliance Petroleum, and IOCL among others. Industry players are entering into strategic agreements and partnerships for expanding their business share. For instance, in November 2019, BP signed a strategic technical services agreement with Sonangol for expanding its business in Angola.

About US:

Market Study Report is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, is the platform that can help you in achieving any of these objectives.

Contact Data

The integration of electric-hybrid propulsion systems into commercial aircraft is a promising area of development, with key concerns including reliability and safety of operation, as well as economic aspects, and the Global Hybrid Electric Jet market was valued at millions in 2021 and is projected to reach millions by 2028.

Title:

Content: 24 − 27 April in Rybinsk, Yaroslavl region will host the international technological forum "Innovations.
Technology.
production. "
About this correspondent IA REGNUM reported the organizers of the forum.
The forum is organized by NPO Saturn, the administration of Rybinsk, the Rybinsk State Aviation Technical University and the government of the Yaroslavl region.
Itp-forum.ru
Forum "Innovation.
Technology.
Production »
The forum will be attended by representatives of Russian and foreign enterprises, specialists from leading universities of the country, representatives of small and medium-sized technology and engineering companies.
The participants will discuss the development of advanced production technologies, the latest developments will be demonstrated at the forum.
Within the framework of the forum, sessions “Alternative types of energy ”,“ Engine building.
Electric motor for electric aircraft.
Hybrid power plants "," Additive manufacturing "," Digital design, modeling and integration ".
The round tables will discuss new processing methods and promising technological solutions in the production of gas turbine engine parts, as well as new technological solutions in the welding industry.
One of the most promising areas of the future is the creation of electric aircraft.
At the forum, the problems of electric aircraft will be discussed by representatives of aviation institutes of Ufa, Novosibirsk, Moscow and the Kaluga NPO Erga.
“The forum will discuss the main concepts of electric and hybrid power plants of aircraft, the problems of ensuring reliability and safety of operation, as well as economic aspects of the creation and operation of hybrid power plants for various types of aircraft, ” the organizers of the forum told the correspondent of IA REGNUM.
As reported earlier IA REGNUM, on April 24, Vladimir Putin will visit the Yaroslavl region, it is possible that he will take part in any events of the forum.

Title:

Content: News

Hybrid Electric Jet Market – Global Outlook and Forecast 2022-2028

The hybrid-electric jet is an aircraft that configures the electric motors and an electric engines. Both electric motor and internal combustion engine add the value in the hybrid-electric jet systems by saving the fuel and also help in decreasing the take-off noise and the carbon dioxide emission levels.

This report contains market size and forecasts of Hybrid Electric Jet in global, including the following market information:

Global Hybrid Electric Jet Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Hybrid Electric Jet Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Hybrid Electric Jet companies in 2021 (%)

The global Hybrid Electric Jet market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Batteries Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Hybrid Electric Jet include Zunum Aero, Boeing HorizonX, JetBlue Technology, Siemens AG, Airbus SE, Rolls Royce, Lilium, EasyJet Ltd and Wright Electric. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Hybrid Electric Jet manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hybrid Electric Jet Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Hybrid Electric Jet Market Segment Percentages, by Type, 2021 (%)

  • Batteries
  • Solar Cells
  • Gas-powered
  • Ultra Capacitors
  • Others

Global Hybrid Electric Jet Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Hybrid Electric Jet Market Segment Percentages, by Application, 2021 (%)

  • Industrial
  • Commercial

Global Hybrid Electric Jet Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Hybrid Electric Jet Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Hybrid Electric Jet revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Hybrid Electric Jet revenues share in global market, 2021 (%)
  • Key companies Hybrid Electric Jet sales in global market, 2017-2022 (Estimated), (Units)
  • Key companies Hybrid Electric Jet sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Zunum Aero
  • Boeing HorizonX
  • JetBlue Technology
  • Siemens AG
  • Airbus SE
  • Rolls Royce
  • Lilium
  • EasyJet Ltd
  • Wright Electric

Table of content

1 Introduction to Research & Analysis Reports
1.1 Hybrid Electric Jet Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Hybrid Electric Jet Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Hybrid Electric Jet Overall Market Size
2.1 Global Hybrid Electric Jet Market Size: 2021 VS 2028
2.2 Global Hybrid Electric Jet Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Hybrid Electric Jet Sales: 2017-2028
3 Company Landscape
3.1 Top Hybrid Electric Jet Players in Global Market
3.2 Top Global Hybrid Electric Jet Companies Ranked by Revenue
3.3 Global Hybrid Electric Jet Revenue by Companies
3.4 Global Hybrid Electric Jet Sales by Companies
3.5 Global Hybrid Electric Jet Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Hybrid Electric Jet Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Hybrid Electric Jet Product Type
3.8 Tier 1, Tier 2 and Tier 3 Hybrid Electric Jet Players in Global Market
3.8.1 List of Global Tier 1 Hybrid Electric Jet Companies
3.8.2 List of Global Tier 2 and Tier 3 Hybrid Electric Jet Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global Hybrid Electr

  1. CONTACT US:
    276 5th Avenue, New York, NY 10001, United States
    International: +1(646)-781-7170 / +91 8087042414

    Similar Reports:

    2022-2027 Global and Regional Hybrid Electric Jet Industry Status and Prospects Professional Market Research Report Standard Version

    Global Hybrid and Electric Car Market Insights and Forecast to 2028

    Global Hybrid and Electric Car Drive Systems Market Insights and Forecast to 2028

    Electric & Hybrid Vehicle Driveline Market – Global Outlook and Forecast 2022-2028

Related Articles

Back to top button

The adoption of sustainable aviation fuels and innovative propulsion systems is supported by various regulatory and policy frameworks globally, with countries such as Japan aiming for net zero greenhouse gas emissions by 2050, and the International Civil Aviation Organization (ICAO) promoting sustainable fuel technology to reduce CO2 emissions.

Title:

Content: China to build certification system to promote decarbonization of aviation industry
Political Diplomacy Science and Technology
(Kyodo News Agency, January 26) Japan ’ s Ministry of Land, Infrastructure and Transport will build a new system for the central government to certify airlines and airports ’ advanced decarbonization programs.
If certified, airlines will receive assistance from relevant authorities, such as governments, so that they can smoothly introduce a new generation of fuels that use waste oils and algae as raw materials.
For airports, there will be special cases where solar power can be generated using the roofs and walls of state-owned facilities.
The Ministry of Communications will submit amendments to the Aviation Act to the current Congress.
The certification system is designed to drive businesses towards the government ’ s goal of achieving net zero greenhouse gas emissions by 2050.
In the amendment, the government will first formulate the "Basic Policy for Promoting Decarbonization of Aviation" (provisional name).
Targets will be set in areas related to transportation, such as promoting the introduction of new generation fuels, developing hydrogen- and electric- powered aircraft, setting circuitous flight paths, and more.
The airport will promote the construction of renewable energy facilities and the electrification of vehicles.
In addition, airlines are also required to sum up the measures to deal with the basic policy as "advancement plan".
For example, the introduction of a new generation of fuel requires the construction of storage facilities at various airports and ensuring transportation routes, so after the program is certified, the relevant authorities will set up a platform to discuss countermeasures according to the requirements of the company.
Plans for the airport are drawn up by operators and local governments.
If there are facilities managed by the central government in the land and surrounding areas, solar panels are allowed to be installed.
Japanese Politics of the Common Web

Title:

Content: ICAO: An opportunity to address the challenges of the aviation industry
T + T - normal size
Juan Carlos Salazar, Secretary General of the International Civil Aviation Organization (ICAO), said that the World Government Summit is an opportunity to discuss the most important challenges facing the aviation industry and the policies needed to produce clean energy and support the transition towards low carbon and sustainable fuel production, as well as ways to support governments to build their capacity to produce clean energy for aviation and review the ambitious long-term goal of zero carbon emissions.
This came during his participation in the “Aviation and the Emissions Dilemma ” session.
Is there a balance on the horizon? ”, held on the first day of the World Government Summit 2024, which was also attended by Airbus CEO Guillaume Fawry and moderated by CNN anchor and reporter Richard Quest.
The panel discussion focused on the transformative forces that will shape the aviation industry and its future by 2050, and included discussions on cutting-edge technologies, sustainable aviation initiatives and evolving requirements for the open world.
Clean energy
Juan Carlos Salazar, Secretary General of the International Civil Aviation Organization (ICAO), said: “We are working hard to develop sustainable fuel technology and implement policies to promote its use, which will contribute to reducing CO2 emissions and achieving sustainability goals in the aviation sector, and we believe this path represents a high level future for the aviation industry and enhances local and global economies. ”
Airbus CEO Guillaume Fawry said achieving zero emissions in aviation by 2050 was a multifaceted challenge that required serious cooperation.
“At Airbus, we are adopting innovative strategies and investing in sustainable aviation fuel production projects as well as improving aircraft efficiency. ”
Email

Overall, the aerospace industry is expected to experience significant growth in the next two decades, driven by increasing demand for air travel and the need for sustainable and efficient aircraft, with emerging technologies such as advanced materials, digitalization, and sustainable aviation fuels expected to play a crucial role in shaping the future of the industry.