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Energy & Power Global SOFC and SOEC Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4672364
    • |
  • 16 February, 2026
    • |
  • Global
    • |
  • 150 Pages
    • |
  • GIR
    • |
  • Energy & Power

According to our (Global Info Research) latest study, the global SOFC and SOEC market size was valued at US$ 1954 million in 2025 and is forecast to a readjusted size of US$ 10334 million by 2032 with a CAGR of 27.1% during review period.
SOFC and SOEC, or SOFCs (Solid Oxide Fuel Cells) and SOECs (Solid Oxide Electrolyzer Cells) are both electrochemical devices that utilize a solid oxide (ceramic) electrolyte, but they operate in opposite modes. SOFCs convert chemical energy directly into electrical energy, while SOECs use electrical energy to produce chemical energy, specifically hydrogen from water. Essentially, an SOEC is an SOFC operating in reverse. In 2025, global SOFC and SOEC production reached approximately 399.70 MW. The main upstream raw materials for SOFC/SOEC include the following: electrolyte materials (YSZ / ScSZ / GDC, etc.), cathode/anode materials (LSCF/LSM, NiO, composite powders/inks), bipolar plates and structural components (interconnect alloys/coated strip steel), sealing materials (glass / glass-ceramic seals, sealing frits/pastes), etc.
In the context of the turnaround in energy policy, research focusses on technologies that can be used for the decentralized production of renewable (green) hydrogen (electrolyzer) or the reconversion of hydrogen into electricity (fuel cell). Due to the high efficiency (> 80 % for cogeneration) and the good scalability (system sizes in the kW to MW range), systems based on the solid oxide cell (SOC) will be the key technology for achieving the climate targets. SOCs contain a dense oxygen-ion conducting ceramic as electrolyte. The electrolyte is embedded between a porous electrode layer composed of a ceramic-metal composite at the fuel side of the cell and a nanoporous oxygen ion and electronic conducting ceramic layer at the air electrode of the cell.
This report is a detailed and comprehensive analysis for global SOFC and SOEC market. Both quantitative and qualitative analyses are presented by manufacturers, 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 2025, are provided.
Key Features:
Global SOFC and SOEC market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2021-2032
Global SOFC and SOEC market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2021-2032
Global SOFC and SOEC market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2021-2032
Global SOFC and SOEC market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2021-2026
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 SOFC and 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 SOFC and SOEC market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bloom Energy, Aisin Corporation, Mitsubishi Power, Ceres, SolydEra, Sunfire GmbH, Upstart Power, Convion, Special Power Sources (SPS), Egen Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
SOFC and SOEC market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Planar
Tubular
Others
Market segment by Model
SOFC
SOEC
Market segment by Industry Demand
Industrial Applications
Data Centers
Transportation
Market segment by Application
Stationary
Transportation
Portable & Military
Major players covered
Bloom Energy
Aisin Corporation
Mitsubishi Power
Ceres
SolydEra
Sunfire GmbH
Upstart Power
Convion
Special Power Sources (SPS)
Egen Energy
Topsoe
Redox Power Systems
OxEon Energy
Sanhuan Group
Huaqing New Energy
SOFCMAN
BPEC
Weichai Power
Wuhan Huake Fuelcell
Foshan ISOFC
Swift New Energy
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SOFC and SOEC product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SOFC and SOEC, with price, sales quantity, revenue, and global market share of SOFC and SOEC from 2021 to 2026.
Chapter 3, the SOFC and SOEC competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SOFC and SOEC breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and SOFC and SOEC market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SOFC and SOEC.
Chapter 14 and 15, to describe SOFC and SOEC sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global SOFC and SOEC Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Planar
    • 1.3.3 Tubular
    • 1.3.4 Others
  • 1.4 Market Analysis by Model
    • 1.4.1 Overview: Global SOFC and SOEC Consumption Value by Model: 2021 Versus 2025 Versus 2032
    • 1.4.2 SOFC
    • 1.4.3 SOEC
  • 1.5 Market Analysis by Industry Demand
    • 1.5.1 Overview: Global SOFC and SOEC Consumption Value by Industry Demand: 2021 Versus 2025 Versus 2032
    • 1.5.2 Industrial Applications
    • 1.5.3 Data Centers
    • 1.5.4 Transportation
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global SOFC and SOEC Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Stationary
    • 1.6.3 Transportation
    • 1.6.4 Portable & Military
  • 1.7 Global SOFC and SOEC Market Size & Forecast
    • 1.7.1 Global SOFC and SOEC Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global SOFC and SOEC Sales Quantity (2021-2032)
    • 1.7.3 Global SOFC and SOEC Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Bloom Energy
    • 2.1.1 Bloom Energy Details
    • 2.1.2 Bloom Energy Major Business
    • 2.1.3 Bloom Energy SOFC and SOEC Product and Services
    • 2.1.4 Bloom Energy SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Bloom Energy Recent Developments/Updates
  • 2.2 Aisin Corporation
    • 2.2.1 Aisin Corporation Details
    • 2.2.2 Aisin Corporation Major Business
    • 2.2.3 Aisin Corporation SOFC and SOEC Product and Services
    • 2.2.4 Aisin Corporation SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Aisin Corporation Recent Developments/Updates
  • 2.3 Mitsubishi Power
    • 2.3.1 Mitsubishi Power Details
    • 2.3.2 Mitsubishi Power Major Business
    • 2.3.3 Mitsubishi Power SOFC and SOEC Product and Services
    • 2.3.4 Mitsubishi Power SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Mitsubishi Power Recent Developments/Updates
  • 2.4 Ceres
    • 2.4.1 Ceres Details
    • 2.4.2 Ceres Major Business
    • 2.4.3 Ceres SOFC and SOEC Product and Services
    • 2.4.4 Ceres SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Ceres Recent Developments/Updates
  • 2.5 SolydEra
    • 2.5.1 SolydEra Details
    • 2.5.2 SolydEra Major Business
    • 2.5.3 SolydEra SOFC and SOEC Product and Services
    • 2.5.4 SolydEra SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 SolydEra Recent Developments/Updates
  • 2.6 Sunfire GmbH
    • 2.6.1 Sunfire GmbH Details
    • 2.6.2 Sunfire GmbH Major Business
    • 2.6.3 Sunfire GmbH SOFC and SOEC Product and Services
    • 2.6.4 Sunfire GmbH SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Sunfire GmbH Recent Developments/Updates
  • 2.7 Upstart Power
    • 2.7.1 Upstart Power Details
    • 2.7.2 Upstart Power Major Business
    • 2.7.3 Upstart Power SOFC and SOEC Product and Services
    • 2.7.4 Upstart Power SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Upstart Power Recent Developments/Updates
  • 2.8 Convion
    • 2.8.1 Convion Details
    • 2.8.2 Convion Major Business
    • 2.8.3 Convion SOFC and SOEC Product and Services
    • 2.8.4 Convion SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Convion Recent Developments/Updates
  • 2.9 Special Power Sources (SPS)
    • 2.9.1 Special Power Sources (SPS) Details
    • 2.9.2 Special Power Sources (SPS) Major Business
    • 2.9.3 Special Power Sources (SPS) SOFC and SOEC Product and Services
    • 2.9.4 Special Power Sources (SPS) SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Special Power Sources (SPS) Recent Developments/Updates
  • 2.10 Egen Energy
    • 2.10.1 Egen Energy Details
    • 2.10.2 Egen Energy Major Business
    • 2.10.3 Egen Energy SOFC and SOEC Product and Services
    • 2.10.4 Egen Energy SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Egen Energy Recent Developments/Updates
  • 2.11 Topsoe
    • 2.11.1 Topsoe Details
    • 2.11.2 Topsoe Major Business
    • 2.11.3 Topsoe SOFC and SOEC Product and Services
    • 2.11.4 Topsoe SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Topsoe Recent Developments/Updates
  • 2.12 Redox Power Systems
    • 2.12.1 Redox Power Systems Details
    • 2.12.2 Redox Power Systems Major Business
    • 2.12.3 Redox Power Systems SOFC and SOEC Product and Services
    • 2.12.4 Redox Power Systems SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Redox Power Systems Recent Developments/Updates
  • 2.13 OxEon Energy
    • 2.13.1 OxEon Energy Details
    • 2.13.2 OxEon Energy Major Business
    • 2.13.3 OxEon Energy SOFC and SOEC Product and Services
    • 2.13.4 OxEon Energy SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 OxEon Energy Recent Developments/Updates
  • 2.14 Sanhuan Group
    • 2.14.1 Sanhuan Group Details
    • 2.14.2 Sanhuan Group Major Business
    • 2.14.3 Sanhuan Group SOFC and SOEC Product and Services
    • 2.14.4 Sanhuan Group SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Sanhuan Group Recent Developments/Updates
  • 2.15 Huaqing New Energy
    • 2.15.1 Huaqing New Energy Details
    • 2.15.2 Huaqing New Energy Major Business
    • 2.15.3 Huaqing New Energy SOFC and SOEC Product and Services
    • 2.15.4 Huaqing New Energy SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Huaqing New Energy Recent Developments/Updates
  • 2.16 SOFCMAN
    • 2.16.1 SOFCMAN Details
    • 2.16.2 SOFCMAN Major Business
    • 2.16.3 SOFCMAN SOFC and SOEC Product and Services
    • 2.16.4 SOFCMAN SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 SOFCMAN Recent Developments/Updates
  • 2.17 BPEC
    • 2.17.1 BPEC Details
    • 2.17.2 BPEC Major Business
    • 2.17.3 BPEC SOFC and SOEC Product and Services
    • 2.17.4 BPEC SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 BPEC Recent Developments/Updates
  • 2.18 Weichai Power
    • 2.18.1 Weichai Power Details
    • 2.18.2 Weichai Power Major Business
    • 2.18.3 Weichai Power SOFC and SOEC Product and Services
    • 2.18.4 Weichai Power SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Weichai Power Recent Developments/Updates
  • 2.19 Wuhan Huake Fuelcell
    • 2.19.1 Wuhan Huake Fuelcell Details
    • 2.19.2 Wuhan Huake Fuelcell Major Business
    • 2.19.3 Wuhan Huake Fuelcell SOFC and SOEC Product and Services
    • 2.19.4 Wuhan Huake Fuelcell SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Wuhan Huake Fuelcell Recent Developments/Updates
  • 2.20 Foshan ISOFC
    • 2.20.1 Foshan ISOFC Details
    • 2.20.2 Foshan ISOFC Major Business
    • 2.20.3 Foshan ISOFC SOFC and SOEC Product and Services
    • 2.20.4 Foshan ISOFC SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 Foshan ISOFC Recent Developments/Updates
  • 2.21 Swift New Energy
    • 2.21.1 Swift New Energy Details
    • 2.21.2 Swift New Energy Major Business
    • 2.21.3 Swift New Energy SOFC and SOEC Product and Services
    • 2.21.4 Swift New Energy SOFC and SOEC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.21.5 Swift New Energy Recent Developments/Updates

3 Competitive Environment: SOFC and SOEC by Manufacturer

  • 3.1 Global SOFC and SOEC Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global SOFC and SOEC Revenue by Manufacturer (2021-2026)
  • 3.3 Global SOFC and SOEC Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of SOFC and SOEC by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 SOFC and SOEC Manufacturer Market Share in 2025
    • 3.4.3 Top 6 SOFC and SOEC Manufacturer Market Share in 2025
  • 3.5 SOFC and SOEC Market: Overall Company Footprint Analysis
    • 3.5.1 SOFC and SOEC Market: Region Footprint
    • 3.5.2 SOFC and SOEC Market: Company Product Type Footprint
    • 3.5.3 SOFC and SOEC Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global SOFC and SOEC Market Size by Region
    • 4.1.1 Global SOFC and SOEC Sales Quantity by Region (2021-2032)
    • 4.1.2 Global SOFC and SOEC Consumption Value by Region (2021-2032)
    • 4.1.3 Global SOFC and SOEC Average Price by Region (2021-2032)
  • 4.2 North America SOFC and SOEC Consumption Value (2021-2032)
  • 4.3 Europe SOFC and SOEC Consumption Value (2021-2032)
  • 4.4 Asia-Pacific SOFC and SOEC Consumption Value (2021-2032)
  • 4.5 South America SOFC and SOEC Consumption Value (2021-2032)
  • 4.6 Middle East & Africa SOFC and SOEC Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global SOFC and SOEC Sales Quantity by Type (2021-2032)
  • 5.2 Global SOFC and SOEC Consumption Value by Type (2021-2032)
  • 5.3 Global SOFC and SOEC Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global SOFC and SOEC Sales Quantity by Application (2021-2032)
  • 6.2 Global SOFC and SOEC Consumption Value by Application (2021-2032)
  • 6.3 Global SOFC and SOEC Average Price by Application (2021-2032)

7 North America

  • 7.1 North America SOFC and SOEC Sales Quantity by Type (2021-2032)
  • 7.2 North America SOFC and SOEC Sales Quantity by Application (2021-2032)
  • 7.3 North America SOFC and SOEC Market Size by Country
    • 7.3.1 North America SOFC and SOEC Sales Quantity by Country (2021-2032)
    • 7.3.2 North America SOFC and SOEC Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe SOFC and SOEC Sales Quantity by Type (2021-2032)
  • 8.2 Europe SOFC and SOEC Sales Quantity by Application (2021-2032)
  • 8.3 Europe SOFC and SOEC Market Size by Country
    • 8.3.1 Europe SOFC and SOEC Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe SOFC and SOEC Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific SOFC and SOEC Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific SOFC and SOEC Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific SOFC and SOEC Market Size by Region
    • 9.3.1 Asia-Pacific SOFC and SOEC Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific SOFC and SOEC Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America SOFC and SOEC Sales Quantity by Type (2021-2032)
  • 10.2 South America SOFC and SOEC Sales Quantity by Application (2021-2032)
  • 10.3 South America SOFC and SOEC Market Size by Country
    • 10.3.1 South America SOFC and SOEC Sales Quantity by Country (2021-2032)
    • 10.3.2 South America SOFC and SOEC Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa SOFC and SOEC Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa SOFC and SOEC Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa SOFC and SOEC Market Size by Country
    • 11.3.1 Middle East & Africa SOFC and SOEC Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa SOFC and SOEC Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 SOFC and SOEC Market Drivers
  • 12.2 SOFC and SOEC Market Restraints
  • 12.3 SOFC and SOEC Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of SOFC and SOEC and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of SOFC and SOEC
  • 13.3 SOFC and SOEC Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 SOFC and SOEC Typical Distributors
  • 14.3 SOFC and SOEC Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on SOFC and SOEC. Industry analysis & Market Report on SOFC and SOEC is a syndicated market report, published as Global SOFC and SOEC Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of SOFC and SOEC market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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