Aviation Emission Control Market Trends and Forecast
The future of the global aviation emission control market looks promising with opportunities in the fixed-wing aircraft, rotary-winged aircraft, ground vehicle, and auxiliary power unit markets. The global aviation emission control market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are rising demand for sustainable aviation fuels, growing demand for air travel, and increasing concern towards air pollution from aircraft emissions.
• Lucintel forecasts that narrowbody long-haul is expected to witness the highest growth over the forecast period.
• Within this market, fixed-wing aircraft is expected to witness the highest growth.
• North America is expected to witness highest growth over the forecast period.
United States: In the United States, recent developments in the aviation emissions control market have been characterized by a concerted effort from both government and industry to reduce greenhouse gas emissions from aviation. Companies like Boeing and Pratt & Whitney have announced initiatives to develop more fuel-efficient aircraft engines and invest in sustainable aviation fuels (SAF). The U.S. government, through agencies like the Federal Aviation Administration (FAA) and the Environmental Protection Agency (EPA), has set targets to reduce emissions from aviation and promote the adoption of cleaner technologies. Reports from the International Council on Clean Transportation (ICCT) and industry publications offer insights into the progress made by U.S. companies in meeting emission reduction targets and advancing sustainable aviation initiatives.
India: In India, the aviation emissions control market is witnessing growth driven by government mandates and industry initiatives to address environmental concerns. Companies like Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Limited (HPCL) are investing in the production and distribution of SAF to reduce carbon emissions from aviation. The Indian government has set targets to increase the use of SAF in aviation and promote research and development in sustainable aviation technologies. Data from the Ministry of Civil Aviation and industry reports provide information on the adoption of emission control measures in the Indian aviation sector and the progress made towards achieving emission reduction goals.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aviation Emission Control by Segment
The study includes a forecast for the global aviation emission control by fleet flight, scenario, source, and region.
Aviation Emission Control Market by Fleet Flight [Shipment Analysis by Value from 2018 to 2030]:
• Narrowbody Long-Haul
• Narrowbody Medium-Haul
• Narrowbody Short-Haul
• Widebody Long-Haul
• Widebody Medium-Haul
• Widebody Short-Haul
• Turboprop Medium-Haul
• Turboprop Short-Haul
• Others
Aviation Emission Control Market by Scenario [Shipment Analysis by Value from 2018 to 2030]:
• Scenario 1: No Emissions Control
• Scenario 2: Optimistic Scenario
• Scenario 3: Ideal Scenario
• Scenario 4: Most Likely Scenario
Aviation Emission Control Market by Source [Shipment Analysis by Value from 2018 to 2030]:
• Fixed-Wing Aircraft
• Rotary-Winged Aircraft
• Ground Vehicle
• Auxiliary Power Unit
• Others
Aviation Emission Control Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aviation Emission Control Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aviation emission control companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aviation emission control companies profiled in this report include-
• Airbus
• Embraer
• GE Aerospace
• Gulfstream Aerospace
• MTU Aero Engines
• Pratt & Whitney
• Rolls-Royce
Recent Development in the Aviation Emission Control Market
Rolls-Royce: Rolls-Royce has announced a significant initiative to develop next-generation aircraft engines with improved fuel efficiency and reduced emissions. Their initiative involves investing in research and development to design advanced propulsion systems that incorporate innovative technologies such as open rotor designs and hybrid-electric propulsion. By collaborating with airlines and aircraft manufacturers, Rolls-Royce aims to set new industry standards for environmentally sustainable aviation and contribute to global efforts to mitigate climate change.
Airbus: Airbus has unveiled a comprehensive strategy to address aviation emissions through the development of more fuel-efficient aircraft and sustainable aviation fuels (SAF). Their initiative includes the launch of the Airbus ZEROe program, which aims to produce zero-emission hydrogen-powered aircraft by 2035. Additionally, Airbus is actively promoting the adoption of SAF through partnerships with biofuel producers and airlines. By pioneering eco-friendly aircraft designs and supporting the use of sustainable fuels, Airbus seeks to lead the aviation industry towards carbon-neutral operations.
Boeing: Boeing has announced initiatives to reduce aviation emissions by improving the efficiency of its aircraft and advancing sustainable aviation technologies. Their initiative involves optimizing aircraft designs for fuel efficiency, investing in alternative propulsion systems like hydrogen-electric and hybrid-electric propulsion, and collaborating with industry partners to develop SAF. Boeing is also exploring carbon capture and storage (CCS) technologies to offset emissions from aircraft operations. By leveraging its expertise in aerospace engineering and innovation, Boeing aims to drive meaningful reductions in aviation emissions and support the transition to a more sustainable aviation industry.
General Electric (GE) Aviation: GE Aviation has introduced innovative solutions to enhance the environmental performance of aircraft engines and reduce emissions. Their initiative includes the development of advanced combustion technologies, lightweight engine components, and digital optimization tools to improve fuel efficiency and minimize pollutant emissions. Additionally, GE Aviation is investing in research on sustainable aviation fuels and hybrid-electric propulsion systems to further reduce the carbon footprint of aviation. By continuously innovating and collaborating with industry stakeholders, GE Aviation is committed to making aviation more environmentally sustainable.
Features of the Global Aviation Emission Control Market
Market Size Estimates: Aviation emission control market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aviation emission control market size by fleet flight, scenario, source, and region in terms of value ($B).
Regional Analysis: Aviation emission control market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different fleet flights, scenario, sources, and regions for the aviation emission control market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aviation emission control market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aviation emission control market size?
Answer: The global aviation emission control market is expected to reach an estimated $1.3 billion by 2030.
Q2. What is the growth forecast for aviation emission control market?
Answer: The global aviation emission control market is expected to grow with a CAGR of 8.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aviation emission control market?
Answer: The major drivers for this market are rising demand for sustainable aviation fuels, growing demand for air travel, and increasing concern towards air pollution from aircraft emissions.
Q4. What are the major segments for aviation emission control market?
Answer: The future of the aviation emission control market looks promising with opportunities in the fixed-wing aircraft, rotary-winged aircraft, ground vehicle, and auxiliary power unit markets.
Q5. Who are the key aviation emission control market companies?
Answer: Some of the key aviation emission control companies are as follows:
• Airbus
• Embraer
• GE Aerospace
• Gulfstream Aerospace
• MTU Aero Engines
• Pratt & Whitney
• Rolls-Royce
Q6. Which aviation emission control market segment will be the largest in future?
Answer: Lucintel forecasts that narrowbody long-haul is expected to witness the highest growth over the forecast period.
Q7. In aviation emission control market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aviation emission control market by fleet flight (narrowbody long-haul , narrowbody medium-haul , narrowbody short-haul , widebody long-haul , widebody medium-haul , widebody short-haul, turboprop medium-haul, turboprop short-haul, and others), scenario (scenario 1: no emissions control, scenario 2: optimistic scenario, scenario 3: ideal scenario, and scenario 4: most likely scenario), source (fixed-wing aircraft, rotary-winged aircraft, ground vehicle, auxiliary power unit, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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