Report Detail
Global SOFC Market Insights, Forecast to 2025
- RnM2344912 |
- 04 June, 2019 |
- Global |
- 112 Pages |
- QYResearch |
- Energy & Power
A solid oxide fuel cell (or SOFC) is an electrochemical conversion device that produces electricity directly from oxidizing a fuel. Fuel cells are characterized by their electrolyte material; the SOFC has a solid oxide or ceramic electrolyte. Advantages of this class of fuel cells include high efficiency, long-term stability, fuel flexibility, low emissions, and relatively low cost. The largest disadvantage is the high operating temperature which results in longer start-up times and mechanical and chemical compatibility issues.
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. Asia-Pacific is the leading market for SOFC with Japan and South Korea dominating the region.
The overall solid oxide fuel cells market is still in its nascent stage with existence of several untapped applications. The most prominent concern for the industry growth is the high cost of manufacturing and elongated time for charging up. SOFCs are extensively being used for power generation as it acts a clean source of energy. Due to their higher efficiency as compared to other fuel cells, SOFCs stand the most lucrative chance for further development in the coming years. Subsequently, the market has emerged highly dynamic over the period of time. Some of the major companies operating in the market include Bloom Energy,FuelCell Energy, Aisin Seiki, Siemens Energy, Protonex, LG Chem and others.
Categorization on the basis of technology includes tubular, planar and other SOFCs. Planar SOFC have the largest market demand on account of higher power ratio as compared to other SOFCs, despite high installation costs. Planar SOFC has the highest electrical efficiency that allows great potential for applications in military, leading to higher demand in the aforementioned application. Further segmentation on the basis of application includes transportation, military and portable energy purposes, as well as small & large stationery. Major SOFC application lies in military on account of portability and compact nature of these fuel cells. Power output is also higher and easier to achieve than other conventional solar cells, which is expected to positively impact the SOFC growth market during the forecast period.
The SOFC market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for SOFC.
This report presents the worldwide SOFC market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems
SOFC Breakdown Data by Type
Planar
Tubular
Other
SOFC Breakdown Data by Application
Stationary
Transportation
Portable & Military
SOFC Production by Region
United States
Europe
China
Japan
Other Regions
SOFC Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global SOFC status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key SOFC manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of SOFC :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of SOFC market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 SOFC Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global SOFC Market Size Growth Rate by Type
- 1.4.2 Planar
- 1.4.3 Tubular
- 1.4.4 Other
- 1.5 Market by Application
- 1.5.1 Global SOFC Market Size Growth Rate by Application
- 1.5.2 Stationary
- 1.5.3 Transportation
- 1.5.4 Portable & Military
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global SOFC Market Size
- 2.1.1 Global SOFC Revenue 2014-2025
- 2.1.2 Global SOFC Production 2014-2025
- 2.2 SOFC Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key SOFC Manufacturers
- 2.3.2.1 SOFC Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers SOFC Product Offered
- 2.3.2.3 Date of Manufacturers Enter into SOFC Market
- 2.4 Key Trends for SOFC Markets & Products
3 Market Size by Manufacturers
- 3.1 SOFC Production by Manufacturers
- 3.1.1 SOFC Production by Manufacturers
- 3.1.2 SOFC Production Market Share by Manufacturers
- 3.2 SOFC Revenue by Manufacturers
- 3.2.1 SOFC Revenue by Manufacturers (2014-2019)
- 3.2.2 SOFC Revenue Share by Manufacturers (2014-2019)
- 3.3 SOFC Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 SOFC Production by Regions
- 4.1 Global SOFC Production by Regions
- 4.1.1 Global SOFC Production Market Share by Regions
- 4.1.2 Global SOFC Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States SOFC Production
- 4.2.2 United States SOFC Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States SOFC Import & Export
- 4.3 Europe
- 4.3.1 Europe SOFC Production
- 4.3.2 Europe SOFC Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe SOFC Import & Export
- 4.4 China
- 4.4.1 China SOFC Production
- 4.4.2 China SOFC Revenue
- 4.4.3 Key Players in China
- 4.4.4 China SOFC Import & Export
- 4.5 Japan
- 4.5.1 Japan SOFC Production
- 4.5.2 Japan SOFC Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan SOFC Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 SOFC Consumption by Regions
- 5.1 Global SOFC Consumption by Regions
- 5.1.1 Global SOFC Consumption by Regions
- 5.1.2 Global SOFC Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America SOFC Consumption by Application
- 5.2.2 North America SOFC Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe SOFC Consumption by Application
- 5.3.2 Europe SOFC Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific SOFC Consumption by Application
- 5.4.2 Asia Pacific SOFC Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America SOFC Consumption by Application
- 5.5.2 Central & South America SOFC Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa SOFC Consumption by Application
- 5.6.2 Middle East and Africa SOFC Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global SOFC Production by Type
- 6.2 Global SOFC Revenue by Type
- 6.3 SOFC Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global SOFC Breakdown Dada by Application
- 7.2.1 Global SOFC Consumption by Application
- 7.2.2 Global SOFC Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Bloom Energy
- 8.1.1 Bloom Energy Company Details
- 8.1.2 Company Overview
- 8.1.3 Bloom Energy SOFC Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Bloom Energy SOFC Product Description
- 8.1.5 Bloom Energy Recent Development
- 8.2 FuelCell Energy
- 8.2.1 FuelCell Energy Company Details
- 8.2.2 Company Overview
- 8.2.3 FuelCell Energy SOFC Production Revenue and Gross Margin (2014-2019)
- 8.2.4 FuelCell Energy SOFC Product Description
- 8.2.5 FuelCell Energy Recent Development
- 8.3 Aisin Seiki
- 8.3.1 Aisin Seiki Company Details
- 8.3.2 Company Overview
- 8.3.3 Aisin Seiki SOFC Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Aisin Seiki SOFC Product Description
- 8.3.5 Aisin Seiki Recent Development
- 8.4 Siemens Energy
- 8.4.1 Siemens Energy Company Details
- 8.4.2 Company Overview
- 8.4.3 Siemens Energy SOFC Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Siemens Energy SOFC Product Description
- 8.4.5 Siemens Energy Recent Development
- 8.5 Protonex
- 8.5.1 Protonex Company Details
- 8.5.2 Company Overview
- 8.5.3 Protonex SOFC Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Protonex SOFC Product Description
- 8.5.5 Protonex Recent Development
- 8.6 LG Fuel Cell Systems
- 8.6.1 LG Fuel Cell Systems Company Details
- 8.6.2 Company Overview
- 8.6.3 LG Fuel Cell Systems SOFC Production Revenue and Gross Margin (2014-2019)
- 8.6.4 LG Fuel Cell Systems SOFC Product Description
- 8.6.5 LG Fuel Cell Systems Recent Development
- 8.7 Acumentrics
- 8.7.1 Acumentrics Company Details
- 8.7.2 Company Overview
- 8.7.3 Acumentrics SOFC Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Acumentrics SOFC Product Description
- 8.7.5 Acumentrics Recent Development
- 8.8 Delphi Corp
- 8.8.1 Delphi Corp Company Details
- 8.8.2 Company Overview
- 8.8.3 Delphi Corp SOFC Production Revenue and Gross Margin (2014-2019)
- 8.8.4 Delphi Corp SOFC Product Description
- 8.8.5 Delphi Corp Recent Development
- 8.9 ZTEK Corporation
- 8.9.1 ZTEK Corporation Company Details
- 8.9.2 Company Overview
- 8.9.3 ZTEK Corporation SOFC Production Revenue and Gross Margin (2014-2019)
- 8.9.4 ZTEK Corporation SOFC Product Description
- 8.9.5 ZTEK Corporation Recent Development
- 8.10 Redox Power Systems
- 8.10.1 Redox Power Systems Company Details
- 8.10.2 Company Overview
- 8.10.3 Redox Power Systems SOFC Production Revenue and Gross Margin (2014-2019)
- 8.10.4 Redox Power Systems SOFC Product Description
- 8.10.5 Redox Power Systems Recent Development
9 Production Forecasts
- 9.1 SOFC Production and Revenue Forecast
- 9.1.1 Global SOFC Production Forecast 2019-2025
- 9.1.2 Global SOFC Revenue Forecast 2019-2025
- 9.2 SOFC Production and Revenue Forecast by Regions
- 9.2.1 Global SOFC Revenue Forecast by Regions
- 9.2.2 Global SOFC Production Forecast by Regions
- 9.3 SOFC Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global SOFC Production Forecast by Type
- 9.4.2 Global SOFC Revenue Forecast by Type
10 Consumption Forecast
- 10.1 SOFC Consumption Forecast by Application
- 10.2 SOFC Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America SOFC Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe SOFC Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific SOFC Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America SOFC Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa SOFC Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 SOFC Sales Channels
- 11.2.2 SOFC Distributors
- 11.3 SOFC Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global SOFC Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Summary:
Get latest Market Research Reports on SOFC . Industry analysis & Market Report on SOFC is a syndicated market report, published as Global SOFC Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of SOFC market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
