MarketsandMarkets Sustainable Aviation Crystal Ball Event
As Sustainable Aviation concept becomes reality and gains traction, electrification and alternative fuels for aircraft are the next big trends with the potential market opportunity of USD 50 billion in the next 5 to 7 years. Challenges faced by aviation industry such as carbon emissions and noise pollution will act a major opportunity for sustainable aviation market. Key trends such as urban air mobility, electric aircraft and sustainable aviation fuels are expected to impact the future revenues of key players within this industry.
Sustainable Aviation Fuel (SAF) made from biogenic feedstocks such as used cooking oil (UCO), agricultural residues and municipal waste, along with next generation SAF technologies such as power-to-liquid (PtL) from recycled CO2 and carbon-capture technologies is expected to play an indispensable role in achieving the transition from legacy fuel source to SAF.
Aircraft Electrification (ACE) catering to the rising need for cleaner and sustainable aircraft, advancements in existing types of aircraft with an aim to enhance aircraft performance, efficiency and minimize greenhouse gas transmission and noise pollution are expected to drive the market for hybrid and electric aircraft across the globe.
Urban air mobility (UAM) is one of the key concept of sustainable aviation which is expected to enable travelers to access on-demand air mobility, cargo, and package delivery and even provide emergency services with the help of an integrated and interconnected multimodal transportation network.
This Crystal Ball event focuses on learning more about the most promising opportunities in the sustainable aviation, as seen through the lens of eminent CXOs in this space
AVP- Customer Success & Strategic Engagements, MarketsandMarkets
Assistant Manager, MarketsandMarkets
Director in Innovation, Enerkrm
Global Sustainability Aviation Director, BP
Senior Vice President, OMV