Market Overview:
The global renewable energy-based commercial aviation market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for biofuel in the aviation industry and rising concerns over climate change and its impact on air travel. In terms of type, the biofuel segment is expected to account for a major share of the global renewable energy-based commercial aviation market during the forecast period. This can be attributed to government initiatives aimed at promoting the use of biofuels in commercial aircrafts as well as their lower emissions as compared with traditional jet fuel.
Product Definition:
Renewable Energy-based Commercial Aviation is a form of transportation that relies on renewable energy sources to function. These sources can include solar power, wind power, or hydroelectric power. Renewable Energy-based Commercial Aviation is important because it helps reduce carbon emissions and reliance on fossil fuels. Additionally, it can help promote economic development in rural areas where renewable energy resources are plentiful.
Aviation Biofuel:
Aviation biofuel is a sustainable fuel made from animal fats and vegetable oil. It has been gaining importance in the aviation industry owing to its ability to reduce harmful emissions, provide energy equivalent output with reduced fuel consumption, and help meet carbon emission targets. Aviation biofuel can be used as an alternative or supplement for conventional jet fuels such as Jet A1/Jet B1/Jet-1 and Jet-2.
Airport Solar PV System:
An airport solar PV system is a set of photovoltaic (PV) panels that are used to generate electricity at airports. Airport solar PV systems have become an attractive option for airports as they not only help in reducing the overall energy cost but also contribute towards carbon reduction.
Application Insights:
The military application segment led the global market and accounted for more than 45.0% share of the total revenue in 2017. Military aircraft are highly efficient energy consumers owing to their high cruise speeds, which require large amounts of fuel during long-distance travels. The growing need to conserve natural resources has driven several governments across the world to focus on developing renewable sources of energy that can cater to a wide range of applications in the aviation sector, thereby driving demand over the forecast period.
Commercial aviation is expected to be one of the fastest-growing segments over the forecast period owing to increasing air traffic due largelyto an increase in tourism activities across various regions coupled with rising disposable income levels among certain groups within a country or region such as China.
Regional Analysis:
Europe dominated the global market in 2017, with a share of over 30.0% owing to favorable government policies and increasing focus on reducing carbon footprint associated with aviation sector. For instance, in 2016, U.K.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid development of aviation infrastructure coupled with growing demand from millitary as well as commercial sectors within China and India.
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021, reaching a total value of 4 billion by 2021. This growth is being driven by the increasing number of passengers travelling for both business and leisure purposes.
- Stringent environmental regulations: Governments around the world are increasingly implementing stringent environmental regulations governing emissions from aircrafts, which is driving the adoption of renewable energy-based aviation technologies.
- Rising fuel prices: The price of jet fuel has been on an upward trend in recent years, reaching an all-time high in 2012. This has led airlines to seek alternative fuels that are more affordable and sustainable in the long run.
Scope Of The Report
Report Attributes
Report Details
Report Title
Renewable Energy-based Commercial Aviation Market Research Report
By Type
Aviation Biofuel, Airport Solar PV System, Other,
By Application
Millitary, Commercial, Other,
By Companies
Abalonyx, Nanologica, Sol Voltaics, Re-Turn, EnSol, Neste, ACCIONA,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Renewable Energy-based Commercial Aviation Market Report Segments:
The global Renewable Energy-based Commercial Aviation market is segmented on the basis of:
Types
Aviation Biofuel, Airport Solar PV System, Other,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Millitary, Commercial, Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abalonyx
- Nanologica
- Sol Voltaics
- Re-Turn
- EnSol
- Neste
- ACCIONA
Highlights of The Renewable Energy-based Commercial Aviation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aviation Biofuel
- Airport Solar PV System
- Other
- By Application:
- Millitary
- Commercial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Renewable Energy-based Commercial Aviation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Renewable energy-based commercial aviation is the use of renewable energy to power aircraft engines. This type of aviation has the potential to reduce greenhouse gas emissions and help preserve our environment.
Some of the major companies in the renewable energy-based commercial aviation market are Abalonyx, Nanologica, Sol Voltaics, Re-Turn, EnSol, Neste, ACCIONA.
The renewable energy-based commercial aviation market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Renewable Energy-based Commercial Aviation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Renewable Energy-based Commercial Aviation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Renewable Energy-based Commercial Aviation Market - Supply Chain
4.5. Global Renewable Energy-based Commercial Aviation Market Forecast
4.5.1. Renewable Energy-based Commercial Aviation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Renewable Energy-based Commercial Aviation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Renewable Energy-based Commercial Aviation Market Absolute $ Opportunity
5. Global Renewable Energy-based Commercial Aviation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Type
5.3.1. Aviation Biofuel
5.3.2. Airport Solar PV System
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Renewable Energy-based Commercial Aviation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Application
6.3.1. Millitary
6.3.2. Commercial
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Renewable Energy-based Commercial Aviation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Renewable Energy-based Commercial Aviation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Renewable Energy-based Commercial Aviation Demand Share Forecast, 2019-2026
9. North America Renewable Energy-based Commercial Aviation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Application
9.4.1. Millitary
9.4.2. Commercial
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Type
9.7.1. Aviation Biofuel
9.7.2. Airport Solar PV System
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Renewable Energy-based Commercial Aviation Demand Share Forecast, 2019-2026
10. Latin America Renewable Energy-based Commercial Aviation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Application
10.4.1. Millitary
10.4.2. Commercial
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Type
10.7.1. Aviation Biofuel
10.7.2. Airport Solar PV System
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Renewable Energy-based Commercial Aviation Demand Share Forecast, 2019-2026
11. Europe Renewable Energy-based Commercial Aviation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Application
11.4.1. Millitary
11.4.2. Commercial
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Type
11.7.1. Aviation Biofuel
11.7.2. Airport Solar PV System
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Renewable Energy-based Commercial Aviation Demand Share, 2019-2026
12. Asia Pacific Renewable Energy-based Commercial Aviation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Application
12.4.1. Millitary
12.4.2. Commercial
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Type
12.7.1. Aviation Biofuel
12.7.2. Airport Solar PV System
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Renewable Energy-based Commercial Aviation Demand Share, 2019-2026
13. Middle East & Africa Renewable Energy-based Commercial Aviation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Application
13.4.1. Millitary
13.4.2. Commercial
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Renewable Energy-based Commercial Aviation Market Size and Volume Forecast by Type
13.7.1. Aviation Biofuel
13.7.2. Airport Solar PV System
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Renewable Energy-based Commercial Aviation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Renewable Energy-based Commercial Aviation Market: Market Share Analysis
14.2. Renewable Energy-based Commercial Aviation Distributors and Customers
14.3. Renewable Energy-based Commercial Aviation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abalonyx
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nanologica
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sol Voltaics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Re-Turn
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EnSol
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Neste
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ACCIONA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
