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.
- SOFCs are a promising technology for the future of clean energy.
- The cost of SOFCs is decreasing, which will make them more competitive with other forms of power generation in the future.
- 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) 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:
- Bloom Energy
- Siemens Energy
- Aisin Seiki
- Mitsubishi Heavy Industries
- Delphi
- GE
- Convion
- FuelCell Energy
- Atrex Energy, Inc
- SOLIDpower
- ZTEK
- Redox Power Systems
- Ceres
- Elcogen
Highlights of The Solid Oxide Fuel Cell (SOFC) 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:
- Tubular
- Planar
- Others
- By Application:
- Transportation
- Portable & Military
- Stationary
- 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 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.
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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?
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