Report Detail
Global Solid Oxide Fuel Cell (SOFC) Market Growth 2019-2024
- RnM2925037 |
- 11 February, 2019 |
- Global |
- 161 Pages |
- LPI(LP Information) |
- 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.
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.
According to this study, over the next five years the Solid Oxide Fuel Cell (SOFC) market will register a 12.9% CAGR in terms of revenue, the global market size will reach US$ 840 million by 2024, from US$ 410 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Solid Oxide Fuel Cell (SOFC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Solid Oxide Fuel Cell (SOFC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Solid Oxide Fuel Cell (SOFC) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Tubular
Planar
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transportation
Portable & Military
Stationary
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Solid Oxide Fuel Cell (SOFC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Solid Oxide Fuel Cell (SOFC) market by identifying its various subsegments.
Focuses on the key global Solid Oxide Fuel Cell (SOFC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solid Oxide Fuel Cell (SOFC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Solid Oxide Fuel Cell (SOFC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Solid Oxide Fuel Cell (SOFC) Consumption 2014-2024
- 2.1.2 Solid Oxide Fuel Cell (SOFC) Consumption CAGR by Region
- 2.2 Solid Oxide Fuel Cell (SOFC) Segment by Type
- 2.2.1 Tubular
- 2.2.2 Planar
- 2.2.3 Others
- 2.3 Solid Oxide Fuel Cell (SOFC) Consumption by Type
- 2.3.1 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Solid Oxide Fuel Cell (SOFC) Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Solid Oxide Fuel Cell (SOFC) Sale Price by Type (2014-2019)
- 2.4 Solid Oxide Fuel Cell (SOFC) Segment by Application
- 2.4.1 Transportation
- 2.4.2 Portable & Military
- 2.4.3 Stationary
- 2.5 Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 2.5.1 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Solid Oxide Fuel Cell (SOFC) Value and Market Share by Application (2014-2019)
- 2.5.3 Global Solid Oxide Fuel Cell (SOFC) Sale Price by Application (2014-2019)
3 Global Solid Oxide Fuel Cell (SOFC) by Players
- 3.1 Global Solid Oxide Fuel Cell (SOFC) Sales Market Share by Players
- 3.1.1 Global Solid Oxide Fuel Cell (SOFC) Sales by Players (2017-2019)
- 3.1.2 Global Solid Oxide Fuel Cell (SOFC) Sales Market Share by Players (2017-2019)
- 3.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Market Share by Players
- 3.2.1 Global Solid Oxide Fuel Cell (SOFC) Revenue by Players (2017-2019)
- 3.2.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Market Share by Players (2017-2019)
- 3.3 Global Solid Oxide Fuel Cell (SOFC) Sale Price by Players
- 3.4 Global Solid Oxide Fuel Cell (SOFC) Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Solid Oxide Fuel Cell (SOFC) Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Solid Oxide Fuel Cell (SOFC) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Solid Oxide Fuel Cell (SOFC) by Regions
- 4.1 Solid Oxide Fuel Cell (SOFC) by Regions
- 4.1.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Regions
- 4.1.2 Global Solid Oxide Fuel Cell (SOFC) Value by Regions
- 4.2 Americas Solid Oxide Fuel Cell (SOFC) Consumption Growth
- 4.3 APAC Solid Oxide Fuel Cell (SOFC) Consumption Growth
- 4.4 Europe Solid Oxide Fuel Cell (SOFC) Consumption Growth
- 4.5 Middle East & Africa Solid Oxide Fuel Cell (SOFC) Consumption Growth
5 Americas
- 5.1 Americas Solid Oxide Fuel Cell (SOFC) Consumption by Countries
- 5.1.1 Americas Solid Oxide Fuel Cell (SOFC) Consumption by Countries (2014-2019)
- 5.1.2 Americas Solid Oxide Fuel Cell (SOFC) Value by Countries (2014-2019)
- 5.2 Americas Solid Oxide Fuel Cell (SOFC) Consumption by Type
- 5.3 Americas Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Solid Oxide Fuel Cell (SOFC) Consumption by Countries
- 6.1.1 APAC Solid Oxide Fuel Cell (SOFC) Consumption by Countries (2014-2019)
- 6.1.2 APAC Solid Oxide Fuel Cell (SOFC) Value by Countries (2014-2019)
- 6.2 APAC Solid Oxide Fuel Cell (SOFC) Consumption by Type
- 6.3 APAC Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Solid Oxide Fuel Cell (SOFC) by Countries
- 7.1.1 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Countries (2014-2019)
- 7.1.2 Europe Solid Oxide Fuel Cell (SOFC) Value by Countries (2014-2019)
- 7.2 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Type
- 7.3 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Solid Oxide Fuel Cell (SOFC) by Countries
- 8.1.1 Middle East & Africa Solid Oxide Fuel Cell (SOFC) Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Solid Oxide Fuel Cell (SOFC) Value by Countries (2014-2019)
- 8.2 Middle East & Africa Solid Oxide Fuel Cell (SOFC) Consumption by Type
- 8.3 Middle East & Africa Solid Oxide Fuel Cell (SOFC) Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Solid Oxide Fuel Cell (SOFC) Distributors
- 10.3 Solid Oxide Fuel Cell (SOFC) Customer
11 Global Solid Oxide Fuel Cell (SOFC) Market Forecast
- 11.1 Global Solid Oxide Fuel Cell (SOFC) Consumption Forecast (2019-2024)
- 11.2 Global Solid Oxide Fuel Cell (SOFC) Forecast by Regions
- 11.2.1 Global Solid Oxide Fuel Cell (SOFC) Forecast by Regions (2019-2024)
- 11.2.2 Global Solid Oxide Fuel Cell (SOFC) Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Solid Oxide Fuel Cell (SOFC) Forecast by Type
- 11.8 Global Solid Oxide Fuel Cell (SOFC) Forecast by Application
12 Key Players Analysis
- 12.1 Bloom Energy
- 12.1.1 Company Details
- 12.1.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.1.3 Bloom Energy Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Bloom Energy News
- 12.2 Siemens Energy
- 12.2.1 Company Details
- 12.2.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.2.3 Siemens Energy Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Siemens Energy News
- 12.3 Aisin Seiki
- 12.3.1 Company Details
- 12.3.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.3.3 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Aisin Seiki News
- 12.4 Mitsubishi Heavy Industries
- 12.4.1 Company Details
- 12.4.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.4.3 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Mitsubishi Heavy Industries News
- 12.5 Delphi Corp
- 12.5.1 Company Details
- 12.5.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.5.3 Delphi Corp Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Delphi Corp News
- 12.6 GE
- 12.6.1 Company Details
- 12.6.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.6.3 GE Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 GE News
- 12.7 Convion
- 12.7.1 Company Details
- 12.7.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.7.3 Convion Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Convion News
- 12.8 FuelCell Energy
- 12.8.1 Company Details
- 12.8.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.8.3 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 FuelCell Energy News
- 12.9 Atrex Energy, Inc
- 12.9.1 Company Details
- 12.9.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.9.3 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Atrex Energy, Inc News
- 12.10 SOLIDpower
- 12.10.1 Company Details
- 12.10.2 Solid Oxide Fuel Cell (SOFC) Product Offered
- 12.10.3 SOLIDpower Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 SOLIDpower News
- 12.11 ZTEK Corporation
- 12.12 Redox Power Systems
- 12.13 Ceres
- 12.14 Elcogen
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Solid Oxide Fuel Cell (SOFC) . Industry analysis & Market Report on Solid Oxide Fuel Cell (SOFC) is a syndicated market report, published as Global Solid Oxide Fuel Cell (SOFC) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Solid Oxide Fuel Cell (SOFC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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