Solid Oxide Fuel Cell (SOFC) Market Report – Research, Industry Analysis Reports and Market Demands

Global Solid Oxide Fuel Cell (SOFC) Market Insights, Forecast to 2025

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Table of Content

1 Study Coverage

1.1 Solid Oxide Fuel Cell (SOFC) Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
- 1.4.1 Global Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate by Type
- 1.4.2 Tubular
- 1.4.3 Planar
- 1.4.4 Others
1.5 Market by Application
- 1.5.1 Global Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate by Application
- 1.5.2 Transportation
- 1.5.3 Portable & Military
- 1.5.4 Stationary
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary

2.1 Global Solid Oxide Fuel Cell (SOFC) Market Size
- 2.1.1 Global Solid Oxide Fuel Cell (SOFC) Revenue 2014-2025
- 2.1.2 Global Solid Oxide Fuel Cell (SOFC) Production 2014-2025
2.2 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) Manufacturers
  - 2.3.2.1 Solid Oxide Fuel Cell (SOFC) Manufacturing Base Distribution, Headquarters
  - 2.3.2.2 Manufacturers Solid Oxide Fuel Cell (SOFC) Product Offered
  - 2.3.2.3 Date of Manufacturers Enter into Solid Oxide Fuel Cell (SOFC) Market
2.4 Key Trends for Solid Oxide Fuel Cell (SOFC) Markets & Products

3 Market Size by Manufacturers

3.1 Solid Oxide Fuel Cell (SOFC) Production by Manufacturers
- 3.1.1 Solid Oxide Fuel Cell (SOFC) Production by Manufacturers
- 3.1.2 Solid Oxide Fuel Cell (SOFC) Production Market Share by Manufacturers
3.2 Solid Oxide Fuel Cell (SOFC) Revenue by Manufacturers
- 3.2.1 Solid Oxide Fuel Cell (SOFC) Revenue by Manufacturers (2014-2019)
- 3.2.2 Solid Oxide Fuel Cell (SOFC) Revenue Share by Manufacturers (2014-2019)
3.3 Solid Oxide Fuel Cell (SOFC) Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Solid Oxide Fuel Cell (SOFC) Production by Regions

4.1 Global Solid Oxide Fuel Cell (SOFC) Production by Regions
- 4.1.1 Global Solid Oxide Fuel Cell (SOFC) Production Market Share by Regions
- 4.1.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Market Share by Regions
4.2 United States
- 4.2.1 United States Solid Oxide Fuel Cell (SOFC) Production
- 4.2.2 United States Solid Oxide Fuel Cell (SOFC) Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Solid Oxide Fuel Cell (SOFC) Import & Export
4.3 Europe
- 4.3.1 Europe Solid Oxide Fuel Cell (SOFC) Production
- 4.3.2 Europe Solid Oxide Fuel Cell (SOFC) Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Solid Oxide Fuel Cell (SOFC) Import & Export
4.4 China
- 4.4.1 China Solid Oxide Fuel Cell (SOFC) Production
- 4.4.2 China Solid Oxide Fuel Cell (SOFC) Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Solid Oxide Fuel Cell (SOFC) Import & Export
4.5 Japan
- 4.5.1 Japan Solid Oxide Fuel Cell (SOFC) Production
- 4.5.2 Japan Solid Oxide Fuel Cell (SOFC) Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Solid Oxide Fuel Cell (SOFC) Import & Export
4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia

5 Solid Oxide Fuel Cell (SOFC) Consumption by Regions

5.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Regions
- 5.1.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Regions
- 5.1.2 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Share by Regions
5.2 North America
- 5.2.1 North America Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 5.2.2 North America Solid Oxide Fuel Cell (SOFC) Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
5.3 Europe
- 5.3.1 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 5.3.2 Europe Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 5.4.2 Asia Pacific Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 5.5.2 Central & South America Solid Oxide Fuel Cell (SOFC) Consumption by Country
- 5.5.3 Brazil
5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 5.6.2 Middle East and Africa Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) Production by Type
6.2 Global Solid Oxide Fuel Cell (SOFC) Revenue by Type
6.3 Solid Oxide Fuel Cell (SOFC) Price by Type

7 Market Size by Application

7.1 Overview
7.2 Global Solid Oxide Fuel Cell (SOFC) Breakdown Dada by Application
- 7.2.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 7.2.2 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Share by Application (2014-2019)

8 Manufacturers Profiles

9 Production Forecasts

9.1 Solid Oxide Fuel Cell (SOFC) Production and Revenue Forecast
- 9.1.1 Global Solid Oxide Fuel Cell (SOFC) Production Forecast 2019-2025
- 9.1.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Forecast 2019-2025
9.2 Solid Oxide Fuel Cell (SOFC) Production and Revenue Forecast by Regions
- 9.2.1 Global Solid Oxide Fuel Cell (SOFC) Revenue Forecast by Regions
- 9.2.2 Global Solid Oxide Fuel Cell (SOFC) Production Forecast by Regions
9.3 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) Production Forecast by Type
- 9.4.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Forecast by Type

10 Consumption Forecast

10.1 Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Application
10.2 Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
- 10.3.1 North America Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) Sales Channels
- 11.2.2 Solid Oxide Fuel Cell (SOFC) Distributors
11.3 Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (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
14.2 Author Details

Description

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.
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.
High costs of commercialization and catalysts, as well as complexity in infrastructure establishment are expected to hinder the SOFC market growth over the forecast period. SOFC also requires high temperatures for activation of ceramic electrolytes in the device, which could lead to chemical and mechanical compatibility issues and longer start-up buffer time.
The Solid Oxide Fuel Cell (SOFC) market was valued at 410 Million US$ in 2018 and is projected to reach 1110 Million US$ by 2025, at a CAGR of 13.3% 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 Solid Oxide Fuel Cell (SOFC).

This report presents the worldwide Solid Oxide Fuel Cell (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
Siemens Energy
Aisin Seiki
Mitsubishi Heavy Industries
Delphi Corp
GE
Convion
FuelCell Energy
Atrex Energy, Inc
SOLIDpower
ZTEK Corporation
Redox Power Systems
Ceres
Elcogen

Solid Oxide Fuel Cell (SOFC) Breakdown Data by Type
Tubular
Planar
Others
Solid Oxide Fuel Cell (SOFC) Breakdown Data by Application
Transportation
Portable & Military
Stationary

Solid Oxide Fuel Cell (SOFC) Production by Region
United States
Europe
China
Japan
Other Regions

Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (SOFC) status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Solid Oxide Fuel Cell (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 Solid Oxide Fuel Cell (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 (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solid Oxide Fuel Cell (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.