The Market Reports

Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com

Global SOEC Market 2024 by Company, Regions, Type and Application, Forecast to 2029

Global SOEC Market 2024 by Company, Regions, Type and Application, Forecast to 2029

Publishing Date : Jul, 2023

License Type :
 

Report Code : 1749058

No of Pages : 86

Synopsis
The global SOEC market size was valued at USD 35 million in 2022 and is forecast to a readjusted size of USD 931.4 million by 2029 with a CAGR of 59.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The key manufacturers of solid oxide electrolyzer (SOEC) include Sunfire GmbH, Topsoe, OxEon Energy, Ceres, Elcogen, FuelCell Energy, Egen Energy, etc. Sunfire GmbH is the world's largest manufacturer with a market share of about 50%.

Europe is the biggest market, accounting for about 52%. It is followed by North America, with about 24%. The market share in Europe and China is expected to increase further.

SOEC is mainly divided into Oxygen Ion Conducting and Proton Conducting. Oxygen Ion Conducting has a dominant market share of about 95%.

SOEC is mainly used in chemicals and refineries, power plants, steel plants and other factories. It is most widely used in chemical and refineries, accounting for about 50% of all downstream industries.

A solid oxide electrolyzer cell (SOEC) is a solid oxide fuel cell that runs in regenerative mode to achieve the electrolysis of water (and/or carbon dioxide) by using a solid oxide, or ceramic, electrolyte to produce hydrogen gas (and/or carbon monoxide) and oxygen. The production of pure hydrogen is compelling because it is a clean fuel that can be stored, making it a potential alternative to batteries, methane, and other energy sources (see hydrogen economy). Electrolysis is currently the most promising method of hydrogen production from water due to high efficiency of conversion and relatively low required energy input when compared to thermochemical and photocatalytic methods.

This report is a detailed and comprehensive analysis for global SOEC market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

  • Global SOEC market size and forecasts, in consumption value ($ Million), 2018-2029
  • Global SOEC market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
  • Global SOEC market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
  • Global SOEC market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for SOEC
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace

This report profiles key players in the global SOEC market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sunfire GmbH, Topsoe, OxEon Energy, Ceres and Elcogen, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

SOEC market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

  • Oxygen Ion Conducting
  • Proton Conducting

Market segment by Application

  • Chemicals and Refineries
  • Power Plants
  • Steel Plant
  • Others

Market segment by players, this report covers

  • Sunfire GmbH
  • Topsoe
  • OxEon Energy
  • Ceres
  • Elcogen
  • FuelCell Energy
  • Egen Energy

Market segment by regions, regional analysis covers

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
  • South America (Brazil, Argentina and Rest of South America)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe SOEC product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of SOEC, with revenue, gross margin and global market share of SOEC from 2018 to 2023.
Chapter 3, the SOEC competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and SOEC market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of SOEC.
Chapter 13, to describe SOEC research findings and conclusion.

Index

1 Market Overview
1.1 Product Overview and Scope of SOEC
1.2 Market Estimation Caveats and Base Year
1.3 Classification of SOEC by Type
1.3.1 Overview: Global SOEC Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global SOEC Consumption Value Market Share by Type in 2022
1.3.3 Oxygen Ion Conducting
1.3.4 Proton Conducting
1.4 Global SOEC Market by Application
1.4.1 Overview: Global SOEC Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Chemicals and Refineries
1.4.3 Power Plants
1.4.4 Steel Plant
1.4.5 Others
1.5 Global SOEC Market Size & Forecast
1.6 Global SOEC Market Size and Forecast by Region
1.6.1 Global SOEC Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global SOEC Market Size by Region, (2018-2029)
1.6.3 North America SOEC Market Size and Prospect (2018-2029)
1.6.4 Europe SOEC Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific SOEC Market Size and Prospect (2018-2029)
1.6.6 South America SOEC Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa SOEC Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 Sunfire GmbH
2.1.1 Sunfire GmbH Details
2.1.2 Sunfire GmbH Major Business
2.1.3 Sunfire GmbH SOEC Product and Solutions
2.1.4 Sunfire GmbH SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Sunfire GmbH Recent Developments and Future Plans
2.2 Topsoe
2.2.1 Topsoe Details
2.2.2 Topsoe Major Business
2.2.3 Topsoe SOEC Product and Solutions
2.2.4 Topsoe SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Topsoe Recent Developments and Future Plans
2.3 OxEon Energy
2.3.1 OxEon Energy Details
2.3.2 OxEon Energy Major Business
2.3.3 OxEon Energy SOEC Product and Solutions
2.3.4 OxEon Energy SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 OxEon Energy Recent Developments and Future Plans
2.4 Ceres
2.4.1 Ceres Details
2.4.2 Ceres Major Business
2.4.3 Ceres SOEC Product and Solutions
2.4.4 Ceres SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Ceres Recent Developments and Future Plans
2.5 Elcogen
2.5.1 Elcogen Details
2.5.2 Elcogen Major Business
2.5.3 Elcogen SOEC Product and Solutions
2.5.4 Elcogen SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Elcogen Recent Developments and Future Plans
2.6 FuelCell Energy
2.6.1 FuelCell Energy Details
2.6.2 FuelCell Energy Major Business
2.6.3 FuelCell Energy SOEC Product and Solutions
2.6.4 FuelCell Energy SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 FuelCell Energy Recent Developments and Future Plans
2.7 Egen Energy
2.7.1 Egen Energy Details
2.7.2 Egen Energy Major Business
2.7.3 Egen Energy SOEC Product and Solutions
2.7.4 Egen Energy SOEC Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Egen Energy Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global SOEC Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of SOEC by Company Revenue
3.2.2 Top 3 SOEC Players Market Share in 2022
3.2.3 Top 6 SOEC Players Market Share in 2022
3.3 SOEC Market: Overall Company Footprint Analysis
3.3.1 SOEC Market: Region Footprint
3.3.2 SOEC Market: Company Product Type Footprint
3.3.3 SOEC Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global SOEC Consumption Value and Market Share by Type (2018-2023)
4.2 Global SOEC Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global SOEC Consumption Value Market Share by Application (2018-2023)
5.2 Global SOEC Market Forecast by Application (2024-2029)
6 North America
6.1 North America SOEC Consumption Value by Type (2018-2029)
6.2 North America SOEC Consumption Value by Application (2018-2029)
6.3 North America SOEC Market Size by Country
6.3.1 North America SOEC Consumption Value by Country (2018-2029)
6.3.2 United States SOEC Market Size and Forecast (2018-2029)
6.3.3 Canada SOEC Market Size and Forecast (2018-2029)
6.3.4 Mexico SOEC Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe SOEC Consumption Value by Type (2018-2029)
7.2 Europe SOEC Consumption Value by Application (2018-2029)
7.3 Europe SOEC Market Size by Country
7.3.1 Europe SOEC Consumption Value by Country (2018-2029)
7.3.2 Germany SOEC Market Size and Forecast (2018-2029)
7.3.3 France SOEC Market Size and Forecast (2018-2029)
7.3.4 United Kingdom SOEC Market Size and Forecast (2018-2029)
7.3.5 Russia SOEC Market Size and Forecast (2018-2029)
7.3.6 Italy SOEC Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific SOEC Consumption Value by Type (2018-2029)
8.2 Asia-Pacific SOEC Consumption Value by Application (2018-2029)
8.3 Asia-Pacific SOEC Market Size by Region
8.3.1 Asia-Pacific SOEC Consumption Value by Region (2018-2029)
8.3.2 China SOEC Market Size and Forecast (2018-2029)
8.3.3 Japan SOEC Market Size and Forecast (2018-2029)
8.3.4 South Korea SOEC Market Size and Forecast (2018-2029)
8.3.5 India SOEC Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia SOEC Market Size and Forecast (2018-2029)
8.3.7 Australia SOEC Market Size and Forecast (2018-2029)
9 South America
9.1 South America SOEC Consumption Value by Type (2018-2029)
9.2 South America SOEC Consumption Value by Application (2018-2029)
9.3 South America SOEC Market Size by Country
9.3.1 South America SOEC Consumption Value by Country (2018-2029)
9.3.2 Brazil SOEC Market Size and Forecast (2018-2029)
9.3.3 Argentina SOEC Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa SOEC Consumption Value by Type (2018-2029)
10.2 Middle East & Africa SOEC Consumption Value by Application (2018-2029)
10.3 Middle East & Africa SOEC Market Size by Country
10.3.1 Middle East & Africa SOEC Consumption Value by Country (2018-2029)
10.3.2 Turkey SOEC Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia SOEC Market Size and Forecast (2018-2029)
10.3.4 UAE SOEC Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 SOEC Market Drivers
11.2 SOEC Market Restraints
11.3 SOEC Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 SOEC Industry Chain
12.2 SOEC Upstream Analysis
12.3 SOEC Midstream Analysis
12.4 SOEC Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Published By : GlobalInfoResearch

Why ‘The Market Reports’