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Artificial Intelligence

Global Hydrogen Aircraft Market (2020 to 2030) – Development of Fuel Cell Technologies in the Aviation Industry Presents Opportunities

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Dublin, April 30, 2021 (GLOBE NEWSWIRE) — The “Hydrogen Aircraft Market by Power Source (Hydrogen Combustion, Hydrogen Fuel Cell), Platform (Unmanned Aerial Vehicles, Air Taxis, and Business Jets), Range, Passenger Capacity, Technology, and Region – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

The hydrogen aircraft market is estimated to be USD 143 million in 2020 and is projected to grow from USD 1,411 million in 2025 to USD 7,427 million by 2030, at a CAGR of 28.9% from 2025 to 2030.

The aviation industry contributes significantly towards carbon emissions with approximately 2.5% of the global CO2 emissions. Since the massive reduction of air traffic due to COVID-19, industry stakeholders are making efforts in the decarbonization of the aviation industry. This is of concern for governments in the European Union (EU) particularly Germany, UK, and France. Governments of these nations have formulated their own National Hydrogen Strategies with a focus on the decarbonization of transportation and aviation.

Based on power source, hydrogen fuel cell segment is projected to lead hydrogen aircraft market during the forecast period

Based on power source, the hydrogen aircraft market is segmented into hydrogen combustion based and hydrogen fuel cell based. The hydrogen fuel cell segment is expected to dominate the market as hydrogen fuel cells are widely commercialized and can be easily sourced.

Based on passenger capacity, up to 4 passengers segment projected to dominate hydrogen aircraft market during the forecast period

Based on passenger capacity, the hydrogen aircraft market has been segmented into up to 4 passengers, 5 to 10 passengers, and more than 10 passengers. The up to 4 passengers segment leads the market. It is because the unmanned hydrogen aircraft lead the market currently which means that the aircraft carries no passengers.

Based on range, the up to 20 km segment accounts for the largest market size during the forecast period

Based on range, the hydrogen aircraft market is segmented into up to 20 km, 20 km to 100 km, and more than 100 km. the up to 20 km segment dominates the market. This is because the hydrogen aircraft market is dominated by UAVs, surveillance drones, etc. that do not need to travel long distances.

Based on platform, the unmanned aerial vehicles segment accounts for the largest market size during the forecast period

Based on the platform, the hydrogen aircraft market has been segmented into unmanned aerial vehicles, air taxis, and business jets. The unmanned aerial vehicles segment is expected to dominate the market. This is since the hydrogen aircraft market is still in the developing stage and unmanned aircraft like drones and other unmanned military and surveillance aircraft make an overwhelmingly large proportion of the market.

Based on technology, the hybrid electric aircraft segment accounts for the largest market size during the forecast period

Based on technology, the hydrogen aircraft market is segmented into fully hydrogen powered aircraft and hybrid electric aircraft. The fully hydrogen powered aircraft uses hydrogen fuel as the sole power source while the hybrid electric aircraft uses both, hydrogen, and batteries as power source. The market is currently dominated by hybrid electric aircraft. This is because the fully hydrogen powered aircrafts are in the developing stage and hydrogen fuel cells are already commercialized in automotive sector which makes their adoption in Aerospace and Defense feasible.

North America accounted for the largest share in 2020

The hydrogen aircraft market has been studied for North America, Europe, Asia Pacific, and Rest of the World. North America is estimated to account for the largest share of the global market in 2020. Major developments and start-ups in unmanned hydrogen aircraft like UAVs and surveillance drones has enabled the North America to stay at the top of the share. Further developments expected in the fields of passenger and commercial hydrogen aircrafts will propel the growth of hydrogen aircraft market and North America is expected to retain its top position throughout the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Hydrogen Aircraft Market
4.2 Hydrogen Aircraft Market, by Platform
4.3 Hydrogen Aircraft Market, by Power Source
4.4 Hydrogen Aircraft Market, by Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Focus of the Aviation Industry on Decarbonization
5.2.1.2 Increasing Air Passenger Traffic Across the Globe
5.2.1.3 Advantages of Hydrogen Aircraft Over Conventional Aircraft
5.2.1.4 Hydrogen Offers Alternative Air Transportation Solutions
5.2.2 Restraints
5.2.2.1 High Costs Associated with the Production of Hydrogen
5.2.3 Opportunities
5.2.3.1 Development of Fuel Cell Technologies in the Aviation Industry
5.2.3.2 Focus of Governments on the Development of Hydrogen Aircraft
5.2.4 Challenges
5.2.4.1 Retrofitting Existing Aircraft into Hydrogen Aircraft
5.2.4.2 Storage of Hydrogen Fuel in Aircraft
5.2.4.3 Sustainable Hydrogen Production for Aircraft
5.3 Range/Scenarios
5.4 Impact of COVID-19 on Hydrogen Aircraft Market
5.5 Trends/Disruption Impacting Customers’ Business
5.5.1 Revenue Shift and New Revenue Pockets for Hydrogen Aircraft Market
5.6 Selling Price Analysis
5.7 Hydrogen Aircraft Market Ecosystem
5.7.1 Prominent Companies
5.7.2 Private and Small Enterprises
5.7.3 End-users
5.8 Value Chain Analysis
5.9 Use Cases
5.9.1 Hydrogen: a Future Fuel for Aviation
5.9.2 Scientists Leading the Way in New-Generation Cleaner Air Travel
5.9.3 France’s Commitment for Hydrogen Deployment According to Its National Energy and Climate Plan (Necp)
5.9.4 Fuel Cells for Non-Propulsion Applications
5.10 Tariff Regulatory Landscape for Hydrogen Production
5.11 Technology Analysis
5.12 Porter’s Five Forces Analysis

6 Industry Trends
6.1 Introduction
6.2 Expected Technology Roadmap of the Aviation Industry for the Future
6.3 Developments in Hydrogen Aircraft
6.4 Technological Advancements in the Aviation Industry
6.4.1 Artificial Intelligence
6.4.2 Big Data Analytics
6.4.3 Internet of Things (Iot)
6.5 Technology Trends in the Hydrogen Aircraft Market
6.5.1 Hydrogen Combustion
6.5.2 Hydrogen Fuel Cell
6.6 Impact of Megatrends
6.7 Innovations and Patent Registrations, 2004 – 2016

7 Hydrogen Aircraft Market, by Power Source
7.1 Introduction
7.2 Hydrogen Combustion
7.3 Hydrogen Fuel Cell

8 Hydrogen Aircraft Market, by Passenger Capacity
8.1 Introduction
8.2 Up to 4 Passengers
8.3 5 to 10 Passengers
8.4 More Than 10 Passengers

9 Hydrogen Aircraft Market, by Range
9.1 Introduction
9.2 Up to 20 Km
9.3 20 Km to 100 Km
9.4 More Than 100 Km

10 Hydrogen Aircraft Market, by Platform
10.1 Introduction
10.2 Unmanned Aerial Vehicles
10.3 Air Taxis
10.4 Business Jets

11 Hydrogen Aircraft Market, by Technology
11.1 Introduction
11.2 Fully Hydrogen Powered Aircraft
11.2.1 Liquid Hydrogen Aircraft
11.2.2 Hydrogen Fuel Cell Aircraft
11.3 Hybrid Electric Aircraft

12 Hydrogen Aircraft Market, by Region
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Rest of the World

13 Competitive Landscape
13.1 Introduction
13.2 Ranking of Leading Players, 2020
13.3 Market Share Analysis of Leading Players, 2020
13.4 Competitive Overview
13.5 Company Product Footprint Analysis
13.6 Company Evaluation Quadrant
13.6.1 Star
13.6.2 Emerging Leader
13.6.3 Pervasive
13.6.4 Participant
13.7 Hydrogen Aircraft Market Competitive Leadership Mapping (Startups)
13.7.1 Progressive Companies
13.7.2 Responsive Companies
13.7.3 Dynamic Companies
13.7.4 Starting Blocks
13.8 Competitive Scenario
13.8.1 Mergers & Acquisitions
13.8.2 New Product Launches
13.8.3 Contracts, Partnerships & Agreements
13.8.4 Collaborations & Expansions

14 Company Profiles
14.1 Key Players
14.1.1 Airbus Se
14.1.2 Aerovironment Inc.
14.1.3 Aerodelft
14.1.4 Skai (Under Alaka’I Technologies)
14.1.5 Hes Energy Systems
14.1.6 Pipistrel D.O.O
14.1.7 Urban Aeronautics Ltd.
14.1.8 Zeroavia Inc.
14.1.9 Gkn Aerospace (Under Melrose Industries plc.)
14.1.10 Flyka
14.1.11 Apus Group
14.2 Other Players
14.2.1 Hypoint Inc.
14.2.2 Honeywell International Inc.
14.2.3 Intelligent Energy Holdings
14.2.4 Plug Power Inc.
14.2.5 Doosan Mobility Innovation
14.2.6 Shanghai Pearl Hydrogen Energy Technology Co. Ltd.

15 Hydrogen Aircraft Adjacent Markets
15.1 Autonomous Aircraft
15.1.1 Market Definition
15.1.2 Autonomous Aircraft Market, by End Use
15.1.2.1 Commercial Aircraft
15.1.2.1.1 Increasingly Autonomous Capability
15.1.2.2 Cargo & Delivery Aircraft
15.1.2.2.1 Package Pickup and Delivery, Cargo Transport
15.1.2.3 Air Medical Services
15.1.2.3.1 Emergency Medical Services in Remote, Non-Accessible, or Heavy Traffic Areas
15.1.2.4 Passenger Air Vehicle
15.1.2.4.1 Urban Air Mobility – Passenger Travel, Air Taxi
15.1.2.5 Personal Air Vehicle
15.1.2.5.1 One and Two Seater Aircraft for Intracity Travel
15.1.2.6 Combat and Isr
15.1.2.6.1 Military Operations with Autonomous Capabilities
15.1.2.7 Others
15.1.2.7.1 Agriculture, Science and Research, Survey, Mapping and Photography
15.2 Urban Air Mobility
15.2.1 Market Definition
15.2.2 Urban Air Mobility Market, by Range
15.2.3 Intercity (100 Kilometers to 400 Kilometers)
15.2.4 Intracity (20 Kilometers to 100 Kilometers)

16 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/vyiteu


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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