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Solid Oxide Fuel Cell (SOFC)-Global Market Insights and Sales Trends 2024

Solid Oxide Fuel Cell (SOFC)-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1825917

No of Pages : 107

Synopsis
Solid oxide fuel cells are emission free power sources, which run on electrochemical conversion reactions. SOFC use ceramic electrolytes that are hard and non-porous in nature. As the electrolyte is a solid, the cells are not necessarily constructed in a plate-like configuration as seen in other fuel cell types. Electrical efficiency provided is around 50% to 60%. In applications designed to capture and utilize the system's waste heat (cogeneration), the overall fuel use efficiency could top 80% to 85% and operate at very high temperatures of around 1,000°C (1,830°F). The unique properties of solid oxide fuel cell such as portability, long-term stability, easy fuel selection, and emission-free power serve this requirement. These cells have vast applications, with military applications expecting the highest growth. Planar SOFC has been identified to be the dominating fuel cell in the market for its versatility. This report studies the Solid Oxide Fuel Cell (SOFC) market, from angles of players, regions, product types and end industries, to analyze the status and the future. The scope of this report is mainly for commercial companies, excluding products from government departments and research institutions.
The global Solid Oxide Fuel Cell (SOFC) market size is expected to reach US$ 1506.1 million by 2029, growing at a CAGR of 13.0% from 2023 to 2029. The market is mainly driven by the significant applications of Solid Oxide Fuel Cell (SOFC) in various end use industries. The expanding demands from the Transportation, Portable & Military and Stationary,, are propelling Solid Oxide Fuel Cell (SOFC) market. Tubular, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Planar segment is estimated at % CAGR for the next seven-year period.
Global Solid Oxide Fuel Cell (SOFC) key players include Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, etc. Global top five manufacturers hold a share about 60%. North America and Europe is the largest market, both with a share about 30%, followed by Japan, with a share about 10 percent. In terms of product, Planar is the largest segment, with a share about 55%. And in terms of application, the largest application is Stationary, followed by Transportation, Portable & Military.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solid Oxide Fuel Cell (SOFC), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solid Oxide Fuel Cell (SOFC) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solid Oxide Fuel Cell (SOFC) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solid Oxide Fuel Cell (SOFC) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solid Oxide Fuel Cell (SOFC) covered in this report include Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi, GE, Convion, FuelCell Energy and Atrex Energy, Inc, etc.
The global Solid Oxide Fuel Cell (SOFC) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bloom Energy
Siemens Energy
Aisin Seiki
Mitsubishi Heavy Industries
Delphi
GE
Convion
FuelCell Energy
Atrex Energy, Inc
SOLIDpower
ZTEK
Redox Power Systems
Ceres
Elcogen
Global Solid Oxide Fuel Cell (SOFC) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solid Oxide Fuel Cell (SOFC) market, Segment by Type:
Tubular
Planar
Others
Global Solid Oxide Fuel Cell (SOFC) market, by Application
Transportation
Portable & Military
Stationary
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solid Oxide Fuel Cell (SOFC) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solid Oxide Fuel Cell (SOFC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Solid Oxide Fuel Cell (SOFC) Market Overview
1.1 Solid Oxide Fuel Cell (SOFC) Product Overview
1.2 Solid Oxide Fuel Cell (SOFC) Market Segment by Type
1.2.1 Tubular
1.2.2 Planar
1.2.3 Others
1.3 Global Solid Oxide Fuel Cell (SOFC) Market Size by Type
1.3.1 Global Solid Oxide Fuel Cell (SOFC) Market Size Overview by Type (2018-2029)
1.3.2 Global Solid Oxide Fuel Cell (SOFC) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Type (2018-2023)
2 Global Solid Oxide Fuel Cell (SOFC) Market Competition by Company
2.1 Global Top Players by Solid Oxide Fuel Cell (SOFC) Sales (2018-2023)
2.2 Global Top Players by Solid Oxide Fuel Cell (SOFC) Revenue (2018-2023)
2.3 Global Top Players by Solid Oxide Fuel Cell (SOFC) Price (2018-2023)
2.4 Global Top Manufacturers Solid Oxide Fuel Cell (SOFC) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solid Oxide Fuel Cell (SOFC) Market Competitive Situation and Trends
2.5.1 Solid Oxide Fuel Cell (SOFC) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solid Oxide Fuel Cell (SOFC) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solid Oxide Fuel Cell (SOFC) as of 2022)
2.7 Date of Key Manufacturers Enter into Solid Oxide Fuel Cell (SOFC) Market
2.8 Key Manufacturers Solid Oxide Fuel Cell (SOFC) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solid Oxide Fuel Cell (SOFC) Status and Outlook by Region
3.1 Global Solid Oxide Fuel Cell (SOFC) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solid Oxide Fuel Cell (SOFC) Historic Market Size by Region
3.2.1 Global Solid Oxide Fuel Cell (SOFC) Sales in Volume by Region (2018-2023)
3.2.2 Global Solid Oxide Fuel Cell (SOFC) Sales in Value by Region (2018-2023)
3.2.3 Global Solid Oxide Fuel Cell (SOFC) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Region
3.3.1 Global Solid Oxide Fuel Cell (SOFC) Sales in Volume by Region (2024-2029)
3.3.2 Global Solid Oxide Fuel Cell (SOFC) Sales in Value by Region (2024-2029)
3.3.3 Global Solid Oxide Fuel Cell (SOFC) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solid Oxide Fuel Cell (SOFC) by Application
4.1 Solid Oxide Fuel Cell (SOFC) Market Segment by Application
4.1.1 Transportation
4.1.2 Portable & Military
4.1.3 Stationary
4.2 Global Solid Oxide Fuel Cell (SOFC) Market Size by Application
4.2.1 Global Solid Oxide Fuel Cell (SOFC) Market Size Overview by Application (2018-2029)
4.2.2 Global Solid Oxide Fuel Cell (SOFC) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Sales Breakdown by Application (2018-2023)
5 North America Solid Oxide Fuel Cell (SOFC) by Country
5.1 North America Solid Oxide Fuel Cell (SOFC) Historic Market Size by Country
5.1.1 North America Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2018-2023)
5.1.3 North America Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2018-2023)
5.2 North America Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Country
5.2.1 North America Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2024-2029)
5.2.2 North America Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2024-2029)
6 Europe Solid Oxide Fuel Cell (SOFC) by Country
6.1 Europe Solid Oxide Fuel Cell (SOFC) Historic Market Size by Country
6.1.1 Europe Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2018-2023)
6.1.3 Europe Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2018-2023)
6.2 Europe Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Country
6.2.1 Europe Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2024-2029)
6.2.2 Europe Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2024-2029)
7 Asia-Pacific Solid Oxide Fuel Cell (SOFC) by Region
7.1 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Historic Market Size by Region
7.1.1 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Region
7.2.1 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solid Oxide Fuel Cell (SOFC) Sales in Value by Region (2024-2029)
8 Latin America Solid Oxide Fuel Cell (SOFC) by Country
8.1 Latin America Solid Oxide Fuel Cell (SOFC) Historic Market Size by Country
8.1.1 Latin America Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2018-2023)
8.2 Latin America Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Country
8.2.1 Latin America Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2024-2029)
9 Middle East and Africa Solid Oxide Fuel Cell (SOFC) by Country
9.1 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Historic Market Size by Country
9.1.1 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Forecasted Market Size by Country
9.2.1 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bloom Energy
10.1.1 Bloom Energy Company Information
10.1.2 Bloom Energy Introduction and Business Overview
10.1.3 Bloom Energy Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bloom Energy Solid Oxide Fuel Cell (SOFC) Products Offered
10.1.5 Bloom Energy Recent Development
10.2 Siemens Energy
10.2.1 Siemens Energy Company Information
10.2.2 Siemens Energy Introduction and Business Overview
10.2.3 Siemens Energy Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Energy Solid Oxide Fuel Cell (SOFC) Products Offered
10.2.5 Siemens Energy Recent Development
10.3 Aisin Seiki
10.3.1 Aisin Seiki Company Information
10.3.2 Aisin Seiki Introduction and Business Overview
10.3.3 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Products Offered
10.3.5 Aisin Seiki Recent Development
10.4 Mitsubishi Heavy Industries
10.4.1 Mitsubishi Heavy Industries Company Information
10.4.2 Mitsubishi Heavy Industries Introduction and Business Overview
10.4.3 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Products Offered
10.4.5 Mitsubishi Heavy Industries Recent Development
10.5 Delphi
10.5.1 Delphi Company Information
10.5.2 Delphi Introduction and Business Overview
10.5.3 Delphi Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Delphi Solid Oxide Fuel Cell (SOFC) Products Offered
10.5.5 Delphi Recent Development
10.6 GE
10.6.1 GE Company Information
10.6.2 GE Introduction and Business Overview
10.6.3 GE Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GE Solid Oxide Fuel Cell (SOFC) Products Offered
10.6.5 GE Recent Development
10.7 Convion
10.7.1 Convion Company Information
10.7.2 Convion Introduction and Business Overview
10.7.3 Convion Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Convion Solid Oxide Fuel Cell (SOFC) Products Offered
10.7.5 Convion Recent Development
10.8 FuelCell Energy
10.8.1 FuelCell Energy Company Information
10.8.2 FuelCell Energy Introduction and Business Overview
10.8.3 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Products Offered
10.8.5 FuelCell Energy Recent Development
10.9 Atrex Energy, Inc
10.9.1 Atrex Energy, Inc Company Information
10.9.2 Atrex Energy, Inc Introduction and Business Overview
10.9.3 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Products Offered
10.9.5 Atrex Energy, Inc Recent Development
10.10 SOLIDpower
10.10.1 SOLIDpower Company Information
10.10.2 SOLIDpower Introduction and Business Overview
10.10.3 SOLIDpower Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SOLIDpower Solid Oxide Fuel Cell (SOFC) Products Offered
10.10.5 SOLIDpower Recent Development
10.11 ZTEK
10.11.1 ZTEK Company Information
10.11.2 ZTEK Introduction and Business Overview
10.11.3 ZTEK Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 ZTEK Solid Oxide Fuel Cell (SOFC) Products Offered
10.11.5 ZTEK Recent Development
10.12 Redox Power Systems
10.12.1 Redox Power Systems Company Information
10.12.2 Redox Power Systems Introduction and Business Overview
10.12.3 Redox Power Systems Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Redox Power Systems Solid Oxide Fuel Cell (SOFC) Products Offered
10.12.5 Redox Power Systems Recent Development
10.13 Ceres
10.13.1 Ceres Company Information
10.13.2 Ceres Introduction and Business Overview
10.13.3 Ceres Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Ceres Solid Oxide Fuel Cell (SOFC) Products Offered
10.13.5 Ceres Recent Development
10.14 Elcogen
10.14.1 Elcogen Company Information
10.14.2 Elcogen Introduction and Business Overview
10.14.3 Elcogen Solid Oxide Fuel Cell (SOFC) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Elcogen Solid Oxide Fuel Cell (SOFC) Products Offered
10.14.5 Elcogen Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solid Oxide Fuel Cell (SOFC) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solid Oxide Fuel Cell (SOFC) Industrial Chain Analysis
11.4 Solid Oxide Fuel Cell (SOFC) Market Dynamics
11.4.1 Solid Oxide Fuel Cell (SOFC) Industry Trends
11.4.2 Solid Oxide Fuel Cell (SOFC) Market Drivers
11.4.3 Solid Oxide Fuel Cell (SOFC) Market Challenges
11.4.4 Solid Oxide Fuel Cell (SOFC) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solid Oxide Fuel Cell (SOFC) Distributors
12.3 Solid Oxide Fuel Cell (SOFC) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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