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Hydrogen Aircraft Market to Reach $489 billion, Globally, by 2050 at 15.4% CAGR: Allied Market Research

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The growth of the global hydrogen aircraft market is driven by factors such as increase in air passenger traffic across the globe, high suitability of hydrogen as an aviation fuel, and rise in the environmental awareness and zero emission targets.

PORTLAND, Ore., July 8, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Hydrogen Aircraft Market by Passenger Capacity (Less than 100, 101 to 200, More than 200), Range (Short Haul (Less Than 1000 Km), Medium Haul (1000 to 2000 Km), Long Haul (Above 2000 Km)), Application (Passenger Aircraft and Cargo aircraft), Power Source (Liquid Hydrogen Aircraft, Fully Hydrogen Powered Aircraft, Hybrid Electric Aircraft, and Hydrogen Fuel Cell Aircraft), and Power Output (0 to 100 KW, 100 KW to 1 MW, and 1 MW and Above): Global Opportunity Analysis and Industry Forecast, 2030-2050″. According to the report, the hydrogen aircraft market was valued at $27.7 billion in 2030, and is estimated to reach $489 billion by 2050, growing at a CAGR of 15.4% from 2030 to 2050.

The growth of the global hydrogen aircraft market is driven by factors such as increase in air passenger traffic across the globe, high suitability of hydrogen as an aviation fuel, and rise in the environmental awareness and zero emission targets. However, high costs associated with production and handling of hydrogen, and technical challenges related to aircraft design, and hydrogen storage hamper the growth of the market. On the contrary, development of green hydrogen ecosystem, proactive government initiatives toward hydrogen powered aircraft are expected to offer remunerative opportunities for the expansion of the hydrogen aircraft market during the forecast period.

Request Sample of the Report on Hydrogen Aircraft Market Forecast 2050:
https://www.alliedmarketresearch.com/request-sample/A08743 

Report Coverage & Details:

Report Coverage

Details

Forecast Period

2030–2050

Base Year

2030

Market Size In 2030

$27.7 Billion

Market Size In 2050

$489 Billion

CAGR

15.4 %

No. Of Pages In Report

316

Segments Covered

Passenger Capacity, Range, Application, Power Source, Power Output, And Region.

Drivers 

Increase In Air Passenger Traffic Across The Globe

High Suitability Of Hydrogen As An Aviation Fuel

Rise In The Environmental Awareness And Zero Emission Targets

Opportunities

Development Of Green Hydrogen Ecosystem

Proactive Government Initiatives Toward Hydrogen Powered Aircraft

Restraints

High Costs Associated With Production And Handling Of Hydrogen

Technical Challenges Related To Aircraft Design, And Hydrogen Storage

Procure Complete Report (316 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/hydrogen-aircraft-market-A08743

The less than 100 segment to maintain its leadership status by 2050.

By passenger capacity, less than 100 segment held the highest market share in 2030, accounting for more than two-thirds of the global hydrogen aircraft market revenue, and is estimated to maintain its leadership status throughout the forecast period, as the companies are increasingly planning to manufacture hydrogen aircraft with 100 passenger capacity and develop sustainable aviation solutions to mitigate climate change and reduce the environmental footprint of the aviation industry. However, the more than 200 segment is projected to manifest the highest CAGR of 19.6% from 2031 to 2050, owing to the focus on development of full-scale hydrogen-fueled aircraft several leading manufacturers that are able to carry more than 200 passengers as large capacity aircraft are anticipated to be in high demand in the future.

The short haul segment to maintain its leadership status by 2050.

By range, the short haul segment held the highest market share in 2030, accounting for more than half of the global hydrogen aircraft market revenue, and is estimated to maintain its leadership status throughout the forecast period as various startups such as AeroDelft and ZeroAvia have undertaken efforts to manufacture small passenger hydrogen powered aircraft, which have a higher range. The study by the International Council on Clean Transportation (ICCT) titled ‘Performance Analysis of Evolutionary Hydrogen-Powered Aircraft,’ published in January 2022, explores the potential of hydrogen-powered aircraft to dominate the small and medium-haul aircraft market by 2050. However, the long haul is projected to manifest the highest CAGR of 17.0% from 2031 to 2050, owing to factors such as rise in international air travel, increase in demand for zero-emission, coupled with continuous development which in turn increases the demand for long-haul segment.

The passenger aircraft segment to maintain its lead position by 2050.

By application, the passenger aircraft segment accounted for the largest share in 2030, accounting for more than four-fifths of the global hydrogen aircraft market revenue, and is estimated to maintain its leadership status throughout the forecast period as there is significant growth in air travel and surge in need for cleaner & quieter aircraft, along with rise in innovations and development of new hydrogen aircraft technologies. However, the cargo aircraft segment is projected to manifest the highest CAGR of 17.3% from 2031 to 2050, owing to the rise in the strategies to revolutionize the air cargo delivery industry by offering low cost, low-carbon emissions solutions for cargo transportation.

The liquid hydrogen aircraft segment to maintain its lead position during the forecast period.

By power source, the liquid hydrogen aircraft segment accounted for the largest share in 2030, accounting for more than half of the global hydrogen aircraft market revenue, and is estimated to maintain its leadership status throughout the forecast period as liquid hydrogen aircraft has the potential to drastically reduce the environmental emission along with the operating cost of commercial aircraft, and surge in initiatives taken by leading market players to develop liquid hydrogen aircraft. However, the hydrogen fuel cell aircraft segment is projected to manifest the highest CAGR of 18.4% from 2031 to 2050, owing to the increase in technological advancement in fuel cell-based propulsion system along with the surge in developments and introduction of hydrogen fuel-cell planes prototypes.

The 0 to 100 KW segment to maintain its lead position during the forecast period.

By power output, the 0 To 100 KW segment accounted for the largest share in 2030, accounting for more than three-fifths of the global hydrogen aircraft market revenue, and is estimated to maintain its leadership status throughout the forecast period as Hydrogen aircraft manufacturers constantly work toward the development of hydrogen aircraft with 0 to 100kW for short distance travel. However, the 1MW and above segment is projected to manifest the highest CAGR of 18.6% from 2031 to 2050, owing to the several factors, such as escalating environmental regulations, the burgeoning desire for eco-friendly air travel, and the continual advancements in hydrogen propulsion technology.

Europe to maintain its dominance by 2050.

By region, Europe held the highest market share in terms of revenue in 2030, accounting for more than half of the hydrogen aircraft market revenue, and is likely to dominate the market during the forecast period, as there is an increase in hydrogen aircraft investments and R&D in prominent countries such as Germany, France, Spain, and other countries. However, the Asia-Pacific region is expected to witness the fastest CAGR of 18.0% from 2031 to 2050, owing to research centers in the region aiming to develop hydrogen-powered aircraft as objective to transition towards sustainable aviation practices, and countries investing in the R&D, innovation, and development of hydrogen-fueled aircraft.

To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A08743

Leading Market Players: –

ThalesAeroVironment, Inc.GKN AerospacePipistrelUrban Aeronautics LtdAlaka’iAirbusAeroDelftHES Energy SystemsZeroAvia, Inc.

The report provides a detailed analysis of these key players of the hydrogen aircraft market. These players have adopted various strategies such acquisition, contract, product launch, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Alliant Credit Union Foundation Announces Record Breaking Year in Efforts to Bridge the Digital Divide

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January 9, 2025

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Foundation awarded over $1.6 million to community organizations focused on digital equity in Illinois and Nationwide in 2024

CHICAGO, Jan. 9, 2025 /PRNewswire/ — With the goal of providing reliable broadband, digital literacy resources and technology equipment for underserved communities across the United States, the Alliant Credit Union Foundation, today announced its 2024 efforts. In 2024, the Alliant Credit Union Foundation launched it’s Million Dollar Challenge, aiming to invest at least one million dollars in organizations working to close the digital gap. By 2024 year-end, the foundation has donated over $1.6 million to fifteen organizations nationwide.

The Alliant Credit Union Foundation funds were strategically allocated to charitable partners empowering local initiatives in Illinois and throughout the nation to enhance access to digital tools, and provide essential resources in rural, digitally challenged, and under-resourced populations.

“2024 has been a year of mission-driven and meaningful progress for the Alliant Foundation,” said Meredith Richie, President of the Alliant Credit Union Foundation. “From funding initiatives nationwide to facilitating technology access and driving important conversations, we’ve taken significant strides in addressing the digital gap. These achievements reflect the collective efforts of our partners, donors, and community members who share our vision of a more connected and equitable future.”

Some key grants from the Alliant Foundation in 2024 include:

$500,000 to PCs for People to expand their St. Louis processing center and purchase shipping trailers to run regular routes transporting devices and equipment from four of market locations (including Chicago).$250,000 to Digitunity for their Software Modernization Project a platform that will help states and corporations generate the supply they need to meet their Digital Equity Plan device goals.$250,000 to Compudopt for the Connectivity Chicago Project. The grant will allow the organization to expand their services and provide devices, education, and free internet to households.$100,040 to EveryoneOn for the Digital Connections Project to provide training and devices to individuals looking to enhance skills in the everchanging digital landscape.

Recognizing the importance of access to functional technology, the foundation hosted multiple events throughout the year to provide access to those who need it most. In February, the foundation partnered with EveryoneOn, Visa and with Nevada Partners, to open The Community Access Lab in Las Vegas’ Westside as a part of Visa’s Super Bowl Giveback Program. The Lab works to enhance community residents’ digital and financial literacy and foster Westside entrepreneurship. In the Spring and Fall the foundation partnered with PCs for People to host electronic drives at Alliant Credit Union headquarters in Chicago, a record-breaking 15,686 pounds of tech equipment was collected to be refurbished and distributed to populations in need.

The Digital Divide by the Numbers:

11.5 million American households without internet access, per the 2020 U.S. Census.1 in 5 parents say children’s homework cannot be completed without computer or internet access.$1 million+ Alliant Credit Union Foundation grants to foster digital inclusion within at-risk communities in 2024.

About Alliant Credit Union Foundation:
The Alliant Credit Union Foundation is dedicated to enhancing the well-being of communities by supporting initiatives that foster financial literacy, economic empowerment, and access to essential resources. As the philanthropic arm of Alliant Credit Union, the Foundation partners with organizations that align with its mission to create opportunities for underserved populations, promote financial education, and address the digital divide. The Alliant Credit Union Foundation is committed to making a lasting impact and helping individuals and families build a brighter financial future through strategic grants and community partnerships.

Media Contact:
Natalie Symonds 
nsymonds@alliantcreditunion.com
Sr. Media Strategist
Alliant Credit Union

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SOURCE Alliant Credit Union

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Old World Labs Unveils Advanced AI Agents at CES 2025: Revolutionizing Robotics and Virtual Worlds

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36 minutes ago

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January 9, 2025

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — On the first day of CES 2025, Old World Labs (OWL) is proud to announce groundbreaking advancements in its “Agents as a Service” technology, showcasing how these cutting-edge AI systems seamlessly integrate into humanoid robots and virtual environments. These innovations mark a significant leap forward in bridging the physical and digital worlds, setting a new standard for adaptability and intelligence in robotics.

 

The Next Generation of AI-Driven Robotics

At the forefront of OWL’s innovations is the “Replicants” system, a first-of-its-kind platform enabling self-replicating humanoid robots equipped with advanced AI agents. These agents combine real-time reasoning, resource-aware adaptability, and dynamic interaction, making them invaluable across industries—from manufacturing to immersive virtual experiences.

Key Features of the Replicants System:

Humanoid Robotics Integration: AI agents embedded within robots capable of natural human-like interactions and precise task execution.Virtual World Interoperability: Unified AI presence across physical robots and digital environments for seamless collaboration.Resource-Aware Design: Sustainable, scalable solutions that adapt to complex challenges in real time.

Why This Matters

The evolution of AI agents into humanoid robotics represents a paradigm shift in how humans engage with technology. OWL’s advancements enable robots to:

Understand and interact with 3D environments.Execute complex tasks autonomously, enhancing productivity and user experience.Transition seamlessly between physical and digital spaces, redefining the role of AI in daily life and industrial applications.

Quote from Nick Liverman, Founder of Old World Labs

“At CES 2025, we’re showcasing how Old World Labs is driving the future of AI and robotics. Our Replicants system empowers humanoid robots and virtual agents to function as intelligent companions and collaborators. These breakthroughs push beyond traditional boundaries, enabling accessible, adaptive, and scalable solutions for everyone,” said Nick Liverman.

Live Demonstrations and Interactive Sessions

Attendees at CES 2025 are invited to Booth #8777 in the LV North Hall to:

Experience Real-Time AI Integration: See how OWL’s agents operate humanoid robots with precision and adaptability.Explore Virtual World Interactions: Witness how AI agents transition seamlessly between robotics and immersive virtual platforms.Participate in Workshops: Learn how OWL’s “Agents as a Service” technology can transform industries and projects.

About Old World Labs

Founded in 2012 by Nick Liverman, Old World Labs has been a pioneer in robotics and AI innovation. Renowned for its high-precision 3D printing solutions, OWL is now at the forefront of integrating intelligent agents into humanoid robots and virtual worlds. With a mission to make advanced technology accessible and impactful, OWL continues to set the industry standard.

Media Contact

Eric Faust
Business Development
Old World Labs
info@oldworldlabs.com

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=0014V00003uGRiBQAW

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SOURCE Old World Labs

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BLUETTI Unveils Apex 300 and EnergyPro 6K at CES 2025, Highlighting Brand Refinement Strategy for 2025

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36 minutes ago

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January 9, 2025

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BLUETTI reinforces its role as a technology pioneer in clean energy with innovative energy solutions at CES 2025.

LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — BLUETTI, a leading provider of clean energy solutions and this year’s CES Innovation Award honoree, debuted its latest energy storage solutions, the Apex 300 portable power station and EnergyPro 6K whole house battery backup, during its brand refinement event at booth 9837 at CES 2025.

As part of its strategy to refine and elevate its global brand, BLUETTI launched its new product era 3.0, showcasing its groundbreaking new product series: Bluetti Elite, Apex, and EnergyPro. The highly anticipated products, Apex 300 and EnergyPro 6K, were officially unveiled during the event, marking a significant leap in the company’s ongoing commitment to pioneering clean energy storage.

BLUETTI Apex 300: The All-in-One Solution for Every Scenario

The Bluetti Apex 300 Portable Power Station is a versatile portable power station with a 2,764.8Wh capacity and 3,840W output, providing reliable power for home backup, RV road trips, and other off-grid scenarios. It can deliver both 120V and 240V power simultaneously, meaning user can handle essential appliances and heavy-duty devices like well pumps and dryers.

With advanced parallel-expansion technology, the Apex 300 can scale up to an impressive 58kWh storage and 11.52kW output, ensuring up to a week of power supply during extended outages. In parallel, it is powerful enough to charge an electric vehicle.

Charging is fast and flexible — powered by Turbo Boost charging technology, users can recharge the Apex 300 to 80% in just 45 minutes from mains power. Alternative charging options include solar panels, vehicles, generators, and EV stations. With industry-leading PV charging capacity of up to 30,720W, the Apex 300 ensures stable power even in remote locations or prolonged blackouts.

The Apex 300 is expected to be officially released in the second quarter of 2025.

BLUETTI EnergyPro 6K: The Ultimate Power Solution for Small to Medium Homes

Designed for residential and small-to-medium business use, the Bluetti EnergyPro 6K Whole House Battery Backup is a reliable, affordable and cost effective home energy storage system that integrates solar, battery, grid, generator, and EV power sources. It supplies dependable backup power during power outages, peak periods, or other off-grid settings.

The EnergyPro offers flexible scalability for a personalized power experience. By connecting up to five EnergyPro 6K units, users can achieve substantial power output and storage capabilities to weather extended blackouts or support small off-grid farms.

Seamlessly integrating with users’ existing rooftop solar systems, the EnergyPro 6K optimizes energy usage by storing excess solar power. This allows homeowners to always be prepared for power interruptions while reducing their electricity bills. The AT1 Smart Distribution Box further enhances energy efficiency by allowing any supported EV to charge the battery during extended power outages, and home standby generators to automatically fuel the battery without manual switching. This comprehensive energy solution ensures uninterrupted power in any situation, without relying on the grid or favorable weather conditions.

The EnergyPro 6K is expected to be officially released in the second quarter of 2025.

Powered by BLUETTI Future Tech System

The Apex 300 and EnergyPro 6K are powered by BLUETTI’s cutting-edge Future Energy Tech System, which consists of four key pillars:

BLUEPEAK Innovation Hub: The core of BLUETTI’s hardware and physical innovations in energy storage.BLUELINK Energy Network: The brain behind BLUETTI’s product and energy solutions, providing intelligent and seamless connectivity.BLUEGRID Power Infrastructure: Tailored tech solutions for households and SME businesses, offering scalable and efficient power management.BLUELIFE Ecosystem Tech: A lifestyle-driven tech ecosystem that integrates energy seamlessly into daily life, empowering consumers to embrace sustainable living.

BLUETTI’s ongoing commitment to innovation, sustainability, and clean energy solutions is poised to reshape how consumers and businesses manage their power needs in 2025 and beyond. For more information on the upcoming products and BLUETTI’s vision, visit us at booth 9837 CES 2025 and explore the future of energy.

About BLUETTI

Founded in 2009, BLUETTI is a pioneer force in clean energy technology, committed to a sustainable future by providing green and independent energy storage solutions for every household. With a strong focus on innovation and customer needs, BLUETTI has gained the trust of 3.5 million customers and established a presence in over 110 countries & regions. Through initiatives like the LAAF (Lighting An African Family) Program, BLUETTI is dedicated to bringing power to millions of African families in off-grid areas.

Contact: Ellen Lee, ellenlee@bluetti.com 

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SOURCE BLUETTI POWER INC

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