Report Detail
Global (United States, European Union and China) SOFC Market Research Report 2019-2025
- RnM3650236 |
- 06 August, 2019 |
- Global |
- 114 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.
In 2019, the market size of SOFC is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of SOFC, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the SOFC production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems
Market Segment by Product Type
Planar
Tubular
Other
Market Segment by Application
Stationary
Transportation
Portable & Military
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the SOFC status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key SOFC manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table of Contents
1 Report Overview
- 1.1 Research Scope
- 1.2 Major Manufacturers Covered in This Report
- 1.3 Market Segment by Type
- 1.3.1 Global SOFC Market Size Growth Rate by Type (2019-2025)
- 1.3.2 Planar
- 1.3.3 Tubular
- 1.3.4 Other
- 1.4 Market Segment by Application
- 1.4.1 Global SOFC Market Share by Application (2019-2025)
- 1.4.2 Stationary
- 1.4.3 Transportation
- 1.4.4 Portable & Military
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Production and Capacity Analysis
- 2.1.1 Global SOFC Production Value 2014-2025
- 2.1.2 Global SOFC Production 2014-2025
- 2.1.3 Global SOFC Capacity 2014-2025
- 2.1.4 Global SOFC Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global SOFC Market Size CAGR of Key Regions
- 2.2.2 Global SOFC Market Share of Key Regions
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
3 Market Share by Manufacturers
- 3.1 Capacity and Production by Manufacturers
- 3.1.1 Global SOFC Capacity by Manufacturers
- 3.1.2 Global SOFC Production by Manufacturers
- 3.2 Revenue by Manufacturers
- 3.2.1 SOFC Revenue by Manufacturers (2014-2019)
- 3.2.2 SOFC Revenue Share by Manufacturers (2014-2019)
- 3.2.3 Global SOFC Market Concentration Ratio (CR5 and HHI)
- 3.3 SOFC Price by Manufacturers
- 3.4 Key Manufacturers SOFC Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into SOFC Market
- 3.6 Key Manufacturers SOFC Product Offered
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
- 4.1 Production and Production Value for Each Type
- 4.1.1 Planar Production and Production Value (2014-2019)
- 4.1.2 Tubular Production and Production Value (2014-2019)
- 4.1.3 Other Production and Production Value (2014-2019)
- 4.2 Global SOFC Production Market Share by Type
- 4.3 Global SOFC Production Value Market Share by Type
- 4.4 SOFC Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global SOFC Consumption by Application
6 Production by Regions
- 6.1 Global SOFC Production (History Data) by Regions 2014-2019
- 6.2 Global SOFC Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States SOFC Production Growth Rate 2014-2019
- 6.3.2 United States SOFC Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States SOFC Import & Export
- 6.4 European Union
- 6.4.1 European Union SOFC Production Growth Rate 2014-2019
- 6.4.2 European Union SOFC Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union SOFC Import & Export
- 6.5 China
- 6.5.1 China SOFC Production Growth Rate 2014-2019
- 6.5.2 China SOFC Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China SOFC Import & Export
- 6.6 Rest of World
- 6.6.1 Japan
- 6.6.2 Korea
- 6.6.3 India
- 6.6.4 Southeast Asia
7 SOFC Consumption by Regions
- 7.1 Global SOFC Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States SOFC Consumption by Type
- 7.2.2 United States SOFC Consumption by Application
- 7.3 European Union
- 7.3.1 European Union SOFC Consumption by Type
- 7.3.2 European Union SOFC Consumption by Application
- 7.4 China
- 7.4.1 China SOFC Consumption by Type
- 7.4.2 China SOFC Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World SOFC Consumption by Type
- 7.5.2 Rest of World SOFC Consumption by Application
- 7.5.1 Japan
- 7.5.2 Korea
- 7.5.3 India
- 7.5.4 Southeast Asia
8 Company Profiles
- 8.1 Bloom Energy
- 8.1.1 Bloom Energy Company Details
- 8.1.2 Company Description and Business Overview
- 8.1.3 Production and Revenue of SOFC
- 8.1.4 SOFC Product Introduction
- 8.1.5 Bloom Energy Recent Development
- 8.2 FuelCell Energy
- 8.2.1 FuelCell Energy Company Details
- 8.2.2 Company Description and Business Overview
- 8.2.3 Production and Revenue of SOFC
- 8.2.4 SOFC Product Introduction
- 8.2.5 FuelCell Energy Recent Development
- 8.3 Aisin Seiki
- 8.3.1 Aisin Seiki Company Details
- 8.3.2 Company Description and Business Overview
- 8.3.3 Production and Revenue of SOFC
- 8.3.4 SOFC Product Introduction
- 8.3.5 Aisin Seiki Recent Development
- 8.4 Siemens Energy
- 8.4.1 Siemens Energy Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of SOFC
- 8.4.4 SOFC Product Introduction
- 8.4.5 Siemens Energy Recent Development
- 8.5 Protonex
- 8.5.1 Protonex Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of SOFC
- 8.5.4 SOFC Product Introduction
- 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 Description and Business Overview
- 8.6.3 Production and Revenue of SOFC
- 8.6.4 SOFC Product Introduction
- 8.6.5 LG Fuel Cell Systems Recent Development
- 8.7 Acumentrics
- 8.7.1 Acumentrics Company Details
- 8.7.2 Company Description and Business Overview
- 8.7.3 Production and Revenue of SOFC
- 8.7.4 SOFC Product Introduction
- 8.7.5 Acumentrics Recent Development
- 8.8 Delphi Corp
- 8.8.1 Delphi Corp Company Details
- 8.8.2 Company Description and Business Overview
- 8.8.3 Production and Revenue of SOFC
- 8.8.4 SOFC Product Introduction
- 8.8.5 Delphi Corp Recent Development
- 8.9 ZTEK Corporation
- 8.9.1 ZTEK Corporation Company Details
- 8.9.2 Company Description and Business Overview
- 8.9.3 Production and Revenue of SOFC
- 8.9.4 SOFC Product Introduction
- 8.9.5 ZTEK Corporation Recent Development
- 8.10 Redox Power Systems
- 8.10.1 Redox Power Systems Company Details
- 8.10.2 Company Description and Business Overview
- 8.10.3 Production and Revenue of SOFC
- 8.10.4 SOFC Product Introduction
- 8.10.5 Redox Power Systems Recent Development
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global SOFC Capacity, Production Forecast 2019-2025
- 9.1.2 Global SOFC Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global SOFC Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global SOFC Consumption Forecast by Regions 2019-2025
- 9.3 United States
- 9.3.1 Production and Value Forecast in United States
- 9.3.2 Consumption Forecast in United States
- 9.4 European Union
- 9.4.1 Production and Value Forecast in European Union
- 9.4.2 Consumption Forecast in European Union
- 9.5 China
- 9.5.1 Production and Value Forecast in China
- 9.5.2 Consumption Forecast in China
- 9.6 Rest of World
- 9.6.1 Japan
- 9.6.2 Korea
- 9.6.3 India
- 9.6.4 Southeast Asia
- 9.7 Forecast by Type
- 9.7.1 Global SOFC Production Forecast by Type
- 9.7.2 Global SOFC Production Value Forecast by Type
- 9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
- 10.1 Value Chain Analysis
- 10.2 Sales Channels Analysis
- 10.2.1 SOFC Sales Channels
- 10.2.2 SOFC Distributors
- 10.3 SOFC Customers
11 Opportunities & Challenges, Threat and Affecting Factors
- 11.1 Market Opportunities
- 11.2 Market Challenges
- 11.3 Porter's Five Forces Analysis
12 Key Findings
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.1.1 Research Programs/Design
- 13.1.1.2 Market Size Estimation
- 13.1.1.3 Market Breakdown and Data Triangulation
- 13.1.2 Data Source
- 13.1.2.1 Secondary Sources
- 13.1.2.2 Primary Sources
- 13.1.1 Methodology/Research Approach
- 13.2 Author Details
Summary:
Get latest Market Research Reports on SOFC. Industry analysis & Market Report on SOFC is a syndicated market report, published as Global (United States, European Union and China) SOFC Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of SOFC market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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