Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Solid Oxide Fuel Cell (SOFC) Market by Type (Tubular, Planar, Others), By Application (Transportation, Portable & Military, Stationary) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Solid Oxide Fuel Cell (SOFC) Market by Type (Tubular, Planar, Others), By Application (Transportation, Portable & Military, Stationary) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 153521 3300 Energy & Power 377 249 Pages 4.9 (45)
                                          

The global solid oxide fuel cell (SOFC) market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of the SOFC market can be attributed to factors such as increasing demand for clean energy and rising awareness about environmental pollution. The SOFC market is segmented on the basis of type, application, and region. On the basis of type, it is classified into tubular and planar types. On the basis of application, it is classified into transportation, portable & military applications and stationary applications. Geographically, it has been analyzed across North America (US), Latin America (Mexico), Europe (Germany), Asia Pacific (China) and Middle East & Africa (Saudi Arabia). The global solid oxide fuel cell market by type has been segmented into tubular and planar types which are further sub-segmented into various types such as single-walled cells with anode on one side or double-walled cells with anode on both sides; single-walled cells with cathode on one side or double-walled cells with cathode on both sides; single-walled cells without anodes or cathodes; double walled cells without anodes or cathodes; etc, based on their structure design features. Tubular SOFCs are more popular than planar SOFCs due to their higher power density per unit volume in comparison to planar SOFCs which have higher power density per unit area in comparison to tubular SOFCCs. On the basis of application, this market has been segmented into transportation applications such as buses/coaches/trucks/buses for public transportations; private vehicles for personal use like cars/motorcycles/scooters etc; marine vessels like ships/boats etc; aircrafts like airplanes etc; portable & military applications such as backpacks for soldiers carrying heavy loads while patrolling battlefields; stationary applications including residential buildings like houses where electricity needs are low but heating needs are high in winter season when there is no sunlight available outside homes due to snowfall etc, commercial buildings where electricity needs are high but heating needs are low in summer season when there is plenty sunlight available outside homes due to clear sky conditions etc, industrial buildings where electricity needs are high but heating needs vary depending upon seasons because they require heaters during winters while they require air conditioners during summers because they need cooling systems during summers when there's plenty sunlight available outside homes due to clear sky conditions etc, hospitals where electricity requirements vary depending upon seasons because they need air conditioners during summers when there's plenty sunlight available outside hospitals due to clear sky conditions while they need heaters during winters when there's no sunlight available outside hospitals due to snowfall etc, schools where electricity requirements vary depending upon seasons because they need air conditioners during summers when there's plenty sunlight available inside schools due lack cloud cover while they need heaters during winters when there's no sun light inside schools etc, factories that produce goods that require constant temperature control throughout production process so that products don't get spoiled etc . 5a) Fuel cells can be used in many different applications such as powering homes or cars, so there is a lot of potential for growth in this market segment over time. 5b) Fuel cell technology has been around since 1839 but has only recently been commercialized due to technological advancements.

  1. SOFCs are a promising technology for the future of clean energy.
  2. The cost of SOFCs is decreasing, which will make them more competitive with other forms of power generation in the future.
  3. The global population is increasing, which will increase demand for electricity and fuel cells to generate it.

Industry Growth Insights published a new data on “Solid Oxide Fuel Cell (SOFC) Market”. The research report is titled “Solid Oxide Fuel Cell (SOFC) Market research by Types (Tubular, Planar, Others), By Applications (Transportation, Portable & Military, Stationary), By Players/Companies Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi, GE, Convion, FuelCell Energy, Atrex Energy, Inc, SOLIDpower, ZTEK, Redox Power Systems, Ceres, Elcogen”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Solid Oxide Fuel Cell (SOFC) Market Research Report

By Type

Tubular, Planar, Others

By Application

Transportation, Portable & Military, Stationary

By Companies

Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi, GE, Convion, FuelCell Energy, Atrex Energy, Inc, SOLIDpower, ZTEK, Redox Power Systems, Ceres, Elcogen

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

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Solid Oxide Fuel Cell (SOFC) Industry Outlook


Global Solid Oxide Fuel Cell (SOFC) Market Report Segments:

The global Solid Oxide Fuel Cell (SOFC) market is segmented on the basis of:

Types

Tubular, Planar, Others

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

Transportation, Portable & Military, Stationary

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:

  1. Bloom Energy
  2. Siemens Energy
  3. Aisin Seiki
  4. Mitsubishi Heavy Industries
  5. Delphi
  6. GE
  7. Convion
  8. FuelCell Energy
  9. Atrex Energy, Inc
  10. SOLIDpower
  11. ZTEK
  12. Redox Power Systems
  13. Ceres
  14. Elcogen

Global Solid Oxide Fuel Cell (SOFC) Market Overview


Highlights of The Solid Oxide Fuel Cell (SOFC) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Tubular
    2. Planar
    3. Others
  1. By Application:

    1. Transportation
    2. Portable & Military
    3. Stationary
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Solid Oxide Fuel Cell (SOFC) 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
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  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
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Global Solid Oxide Fuel Cell (SOFC) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Solid oxide fuel cells (SOFCs) are a type of electrochemical cell that uses solid oxide materials as the anode and cathode. The solid oxide material acts as both an electrode and a fuel source, allowing the SOFC to be self-sufficient in terms of energy production.

Some of the major companies in the solid oxide fuel cell (sofc) market are Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi, GE, Convion, FuelCell Energy, Atrex Energy, Inc, SOLIDpower, ZTEK, Redox Power Systems, Ceres, Elcogen.

The solid oxide fuel cell (sofc) market is expected to register a CAGR of 8.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Solid Oxide Fuel Cell (SOFC) 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. Solid Oxide Fuel Cell (SOFC) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Solid Oxide Fuel Cell (SOFC) Market - Supply Chain
   4.5. Global Solid Oxide Fuel Cell (SOFC) Market Forecast
      4.5.1. Solid Oxide Fuel Cell (SOFC) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Solid Oxide Fuel Cell (SOFC) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Solid Oxide Fuel Cell (SOFC) Market Absolute $ Opportunity

5. Global Solid Oxide Fuel Cell (SOFC) 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. Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Type
      5.3.1. Tubular
      5.3.2. Planar
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Solid Oxide Fuel Cell (SOFC) 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. Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Application
      6.3.1. Transportation
      6.3.2. Portable & Military
      6.3.3. Stationary
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Solid Oxide Fuel Cell (SOFC) 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. Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) 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. Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) Demand Share Forecast, 2019-2026

9. North America Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Application
      9.4.1. Transportation
      9.4.2. Portable & Military
      9.4.3. Stationary
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Type
      9.7.1. Tubular
      9.7.2. Planar
      9.7.3. Others
   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 Solid Oxide Fuel Cell (SOFC) Demand Share Forecast, 2019-2026

10. Latin America Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Application
      10.4.1. Transportation
      10.4.2. Portable & Military
      10.4.3. Stationary
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Type
      10.7.1. Tubular
      10.7.2. Planar
      10.7.3. Others
   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 Solid Oxide Fuel Cell (SOFC) Demand Share Forecast, 2019-2026

11. Europe Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Application
      11.4.1. Transportation
      11.4.2. Portable & Military
      11.4.3. Stationary
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Type
      11.7.1. Tubular
      11.7.2. Planar
      11.7.3. Others
   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 Solid Oxide Fuel Cell (SOFC) Demand Share, 2019-2026

12. Asia Pacific Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Application
      12.4.1. Transportation
      12.4.2. Portable & Military
      12.4.3. Stationary
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Type
      12.7.1. Tubular
      12.7.2. Planar
      12.7.3. Others
   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 Solid Oxide Fuel Cell (SOFC) Demand Share, 2019-2026

13. Middle East & Africa Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) 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 Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Application
      13.4.1. Transportation
      13.4.2. Portable & Military
      13.4.3. Stationary
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Solid Oxide Fuel Cell (SOFC) Market Size and Volume Forecast by Type
      13.7.1. Tubular
      13.7.2. Planar
      13.7.3. Others
   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 Solid Oxide Fuel Cell (SOFC) Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Solid Oxide Fuel Cell (SOFC) Market: Market Share Analysis
   14.2. Solid Oxide Fuel Cell (SOFC) Distributors and Customers
   14.3. Solid Oxide Fuel Cell (SOFC) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Bloom Energy
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Siemens Energy
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Aisin Seiki
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Mitsubishi Heavy Industries
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Delphi
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. GE
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Convion
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. FuelCell Energy
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Atrex Energy, Inc
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. SOLIDpower
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. ZTEK
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Redox Power Systems
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Ceres
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Elcogen
         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

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