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Solid Oxide Fuel Cells (SOFCs)-Global Market Insights and Sales Trends 2024

Solid Oxide Fuel Cells (SOFCs)-Global Market Insights and Sales Trends 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1853825

No of Pages : 101

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 Cells (SOFCs) market size is expected to reach US$ 1517.3 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 Cells (SOFCs) in various end use industries. The expanding demands from the Generators, Aircrafts, Military and Other, are propelling Solid Oxide Fuel Cells (SOFCs) market. Planar, 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 Thin film segment is estimated at % CAGR for the next seven-year period.
According to data released by the China Association of Automobile Manufacturers, in December 2022, the production and sales of hydrogen fuel cell vehicles in China was 653 and 607, respectively. In the whole year of 2022, the production and sales of hydrogen fuel cell vehicles was 3,626 and 3,367, a year-on-year increase of 105.4% and 112.8%, respectively. According to our Fuel Cell Research Center, by the end of 2022, the number of fuel cell vehicles in the world had reached 67,000 units, a year-on-year increase of 36.6%. Among them, the number of fuel cell vehicles in China was 12,682 units.
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 Cells (SOFCs), 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 Cells (SOFCs) 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 Cells (SOFCs) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solid Oxide Fuel Cells (SOFCs) 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 Cells (SOFCs) covered in this report include Adelan, Atrex Energy, Bloom Energy, Ceres Power, Convion, Delphi Automotive, Elcogen, FuelCell Energy and Versa Power Systems, etc.
The global Solid Oxide Fuel Cells (SOFCs) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Adelan
Atrex Energy
Bloom Energy
Ceres Power
Convion
Delphi Automotive
Elcogen
FuelCell Energy
Versa Power Systems
Hexis
LG Fuel Cell Systems
Nexceris
Protonex Technology
Global Solid Oxide Fuel Cells (SOFCs) 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 Cells (SOFCs) market, Segment by Type:
Planar
Thin film
Tubular
Global Solid Oxide Fuel Cells (SOFCs) market, by Application
Generators
Aircrafts
Military
Other
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 Cells (SOFCs) 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 Cells (SOFCs) 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 Cells (SOFCs) Market Overview
1.1 Solid Oxide Fuel Cells (SOFCs) Product Overview
1.2 Solid Oxide Fuel Cells (SOFCs) Market Segment by Type
1.2.1 Planar
1.2.2 Thin film
1.2.3 Tubular
1.3 Global Solid Oxide Fuel Cells (SOFCs) Market Size by Type
1.3.1 Global Solid Oxide Fuel Cells (SOFCs) Market Size Overview by Type (2018-2029)
1.3.2 Global Solid Oxide Fuel Cells (SOFCs) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Type (2018-2023)
2 Global Solid Oxide Fuel Cells (SOFCs) Market Competition by Company
2.1 Global Top Players by Solid Oxide Fuel Cells (SOFCs) Sales (2018-2023)
2.2 Global Top Players by Solid Oxide Fuel Cells (SOFCs) Revenue (2018-2023)
2.3 Global Top Players by Solid Oxide Fuel Cells (SOFCs) Price (2018-2023)
2.4 Global Top Manufacturers Solid Oxide Fuel Cells (SOFCs) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solid Oxide Fuel Cells (SOFCs) Market Competitive Situation and Trends
2.5.1 Solid Oxide Fuel Cells (SOFCs) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solid Oxide Fuel Cells (SOFCs) 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 Cells (SOFCs) as of 2022)
2.7 Date of Key Manufacturers Enter into Solid Oxide Fuel Cells (SOFCs) Market
2.8 Key Manufacturers Solid Oxide Fuel Cells (SOFCs) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solid Oxide Fuel Cells (SOFCs) Status and Outlook by Region
3.1 Global Solid Oxide Fuel Cells (SOFCs) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solid Oxide Fuel Cells (SOFCs) Historic Market Size by Region
3.2.1 Global Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Region (2018-2023)
3.2.2 Global Solid Oxide Fuel Cells (SOFCs) Sales in Value by Region (2018-2023)
3.2.3 Global Solid Oxide Fuel Cells (SOFCs) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Region
3.3.1 Global Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Region (2024-2029)
3.3.2 Global Solid Oxide Fuel Cells (SOFCs) Sales in Value by Region (2024-2029)
3.3.3 Global Solid Oxide Fuel Cells (SOFCs) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solid Oxide Fuel Cells (SOFCs) by Application
4.1 Solid Oxide Fuel Cells (SOFCs) Market Segment by Application
4.1.1 Generators
4.1.2 Aircrafts
4.1.3 Military
4.1.4 Other
4.2 Global Solid Oxide Fuel Cells (SOFCs) Market Size by Application
4.2.1 Global Solid Oxide Fuel Cells (SOFCs) Market Size Overview by Application (2018-2029)
4.2.2 Global Solid Oxide Fuel Cells (SOFCs) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Sales Breakdown by Application (2018-2023)
5 North America Solid Oxide Fuel Cells (SOFCs) by Country
5.1 North America Solid Oxide Fuel Cells (SOFCs) Historic Market Size by Country
5.1.1 North America Solid Oxide Fuel Cells (SOFCs) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2018-2023)
5.1.3 North America Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2018-2023)
5.2 North America Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Country
5.2.1 North America Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2024-2029)
5.2.2 North America Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2024-2029)
6 Europe Solid Oxide Fuel Cells (SOFCs) by Country
6.1 Europe Solid Oxide Fuel Cells (SOFCs) Historic Market Size by Country
6.1.1 Europe Solid Oxide Fuel Cells (SOFCs) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2018-2023)
6.1.3 Europe Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2018-2023)
6.2 Europe Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Country
6.2.1 Europe Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2024-2029)
6.2.2 Europe Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2024-2029)
7 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) by Region
7.1 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Historic Market Size by Region
7.1.1 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Region
7.2.1 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solid Oxide Fuel Cells (SOFCs) Sales in Value by Region (2024-2029)
8 Latin America Solid Oxide Fuel Cells (SOFCs) by Country
8.1 Latin America Solid Oxide Fuel Cells (SOFCs) Historic Market Size by Country
8.1.1 Latin America Solid Oxide Fuel Cells (SOFCs) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2018-2023)
8.2 Latin America Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Country
8.2.1 Latin America Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2024-2029)
9 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) by Country
9.1 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Historic Market Size by Country
9.1.1 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Forecasted Market Size by Country
9.2.1 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solid Oxide Fuel Cells (SOFCs) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Adelan
10.1.1 Adelan Company Information
10.1.2 Adelan Introduction and Business Overview
10.1.3 Adelan Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Adelan Solid Oxide Fuel Cells (SOFCs) Products Offered
10.1.5 Adelan Recent Development
10.2 Atrex Energy
10.2.1 Atrex Energy Company Information
10.2.2 Atrex Energy Introduction and Business Overview
10.2.3 Atrex Energy Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Atrex Energy Solid Oxide Fuel Cells (SOFCs) Products Offered
10.2.5 Atrex Energy Recent Development
10.3 Bloom Energy
10.3.1 Bloom Energy Company Information
10.3.2 Bloom Energy Introduction and Business Overview
10.3.3 Bloom Energy Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Bloom Energy Solid Oxide Fuel Cells (SOFCs) Products Offered
10.3.5 Bloom Energy Recent Development
10.4 Ceres Power
10.4.1 Ceres Power Company Information
10.4.2 Ceres Power Introduction and Business Overview
10.4.3 Ceres Power Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ceres Power Solid Oxide Fuel Cells (SOFCs) Products Offered
10.4.5 Ceres Power Recent Development
10.5 Convion
10.5.1 Convion Company Information
10.5.2 Convion Introduction and Business Overview
10.5.3 Convion Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Convion Solid Oxide Fuel Cells (SOFCs) Products Offered
10.5.5 Convion Recent Development
10.6 Delphi Automotive
10.6.1 Delphi Automotive Company Information
10.6.2 Delphi Automotive Introduction and Business Overview
10.6.3 Delphi Automotive Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Delphi Automotive Solid Oxide Fuel Cells (SOFCs) Products Offered
10.6.5 Delphi Automotive Recent Development
10.7 Elcogen
10.7.1 Elcogen Company Information
10.7.2 Elcogen Introduction and Business Overview
10.7.3 Elcogen Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Elcogen Solid Oxide Fuel Cells (SOFCs) Products Offered
10.7.5 Elcogen 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 Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 FuelCell Energy Solid Oxide Fuel Cells (SOFCs) Products Offered
10.8.5 FuelCell Energy Recent Development
10.9 Versa Power Systems
10.9.1 Versa Power Systems Company Information
10.9.2 Versa Power Systems Introduction and Business Overview
10.9.3 Versa Power Systems Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Versa Power Systems Solid Oxide Fuel Cells (SOFCs) Products Offered
10.9.5 Versa Power Systems Recent Development
10.10 Hexis
10.10.1 Hexis Company Information
10.10.2 Hexis Introduction and Business Overview
10.10.3 Hexis Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hexis Solid Oxide Fuel Cells (SOFCs) Products Offered
10.10.5 Hexis Recent Development
10.11 LG Fuel Cell Systems
10.11.1 LG Fuel Cell Systems Company Information
10.11.2 LG Fuel Cell Systems Introduction and Business Overview
10.11.3 LG Fuel Cell Systems Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 LG Fuel Cell Systems Solid Oxide Fuel Cells (SOFCs) Products Offered
10.11.5 LG Fuel Cell Systems Recent Development
10.12 Nexceris
10.12.1 Nexceris Company Information
10.12.2 Nexceris Introduction and Business Overview
10.12.3 Nexceris Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Nexceris Solid Oxide Fuel Cells (SOFCs) Products Offered
10.12.5 Nexceris Recent Development
10.13 Protonex Technology
10.13.1 Protonex Technology Company Information
10.13.2 Protonex Technology Introduction and Business Overview
10.13.3 Protonex Technology Solid Oxide Fuel Cells (SOFCs) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Protonex Technology Solid Oxide Fuel Cells (SOFCs) Products Offered
10.13.5 Protonex Technology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solid Oxide Fuel Cells (SOFCs) 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 Cells (SOFCs) Industrial Chain Analysis
11.4 Solid Oxide Fuel Cells (SOFCs) Market Dynamics
11.4.1 Solid Oxide Fuel Cells (SOFCs) Industry Trends
11.4.2 Solid Oxide Fuel Cells (SOFCs) Market Drivers
11.4.3 Solid Oxide Fuel Cells (SOFCs) Market Challenges
11.4.4 Solid Oxide Fuel Cells (SOFCs) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solid Oxide Fuel Cells (SOFCs) Distributors
12.3 Solid Oxide Fuel Cells (SOFCs) 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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