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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.
Scope of the Report:
This report focuses on the SOFC in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 worldwide market for SOFC is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Planar
Tubular
Other
Market Segment by Applications, can be divided into
Stationary
Transportation
Portable & Military
There are 15 Chapters to deeply display the global SOFC market.
Chapter 1, to describe SOFC Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of SOFC, with sales, revenue, and price of SOFC, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of SOFC, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, SOFC market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe SOFC sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 SOFC Introduction
1.2 Market Analysis by Type
1.2.1 Planar
1.2.2 Tubular
1.2.3 Other
1.3 Market Analysis by Applications
1.3.1 Stationary
1.3.2 Transportation
1.3.3 Portable & Military
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Bloom Energy
2.1.1 Business Overview
2.1.2 SOFC Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Bloom Energy SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 FuelCell Energy
2.2.1 Business Overview
2.2.2 SOFC Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 FuelCell Energy SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Aisin Seiki
2.3.1 Business Overview
2.3.2 SOFC Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Aisin Seiki SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 Siemens Energy
2.4.1 Business Overview
2.4.2 SOFC Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Siemens Energy SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 Protonex
2.5.1 Business Overview
2.5.2 SOFC Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Protonex SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 LG Fuel Cell Systems
2.6.1 Business Overview
2.6.2 SOFC Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 LG Fuel Cell Systems SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.7 Acumentrics
2.7.1 Business Overview
2.7.2 SOFC Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Acumentrics SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.8 Delphi Corp
2.8.1 Business Overview
2.8.2 SOFC Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Delphi Corp SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.9 ZTEK Corporation
2.9.1 Business Overview
2.9.2 SOFC Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 ZTEK Corporation SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.10 Redox Power Systems
2.10.1 Business Overview
2.10.2 SOFC Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Redox Power Systems SOFC Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global SOFC Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global SOFC Sales and Market Share by Manufacturer (2016-2017)
3.2 Global SOFC Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 SOFC Manufacturer Market Share in 2017
3.3.2 Top 6 SOFC Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global SOFC Market Analysis by Regions
4.1 Global SOFC Sales, Revenue and Market Share by Regions
4.1.1 Global SOFC Sales and Market Share by Regions (2013-2018)
4.1.2 Global SOFC Revenue and Market Share by Regions (2013-2018)
4.2 North America SOFC Sales and Growth Rate (2013-2018)
4.3 Europe SOFC Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific SOFC Sales and Growth Rate (2013-2018)
4.5 South America SOFC Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa SOFC Sales and Growth Rate (2013-2018)
5 North America SOFC by Countries
5.1 North America SOFC Sales, Revenue and Market Share by Countries
5.1.1 North America SOFC Sales and Market Share by Countries (2013-2018)
5.1.2 North America SOFC Revenue and Market Share by Countries (2013-2018)
5.2 United States SOFC Sales and Growth Rate (2013-2018)
5.3 Canada SOFC Sales and Growth Rate (2013-2018)
5.4 Mexico SOFC Sales and Growth Rate (2013-2018)
6 Europe SOFC by Countries
6.1 Europe SOFC Sales, Revenue and Market Share by Countries
6.1.1 Europe SOFC Sales and Market Share by Countries (2013-2018)
6.1.2 Europe SOFC Revenue and Market Share by Countries (2013-2018)
6.2 Germany SOFC Sales and Growth Rate (2013-2018)
6.3 UK SOFC Sales and Growth Rate (2013-2018)
6.4 France SOFC Sales and Growth Rate (2013-2018)
6.5 Russia SOFC Sales and Growth Rate (2013-2018)
6.6 Italy SOFC Sales and Growth Rate (2013-2018)
7 Asia-Pacific SOFC by Countries
7.1 Asia-Pacific SOFC Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific SOFC Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific SOFC Revenue and Market Share by Countries (2013-2018)
7.2 China SOFC Sales and Growth Rate (2013-2018)
7.3 Japan SOFC Sales and Growth Rate (2013-2018)
7.4 Korea SOFC Sales and Growth Rate (2013-2018)
7.5 India SOFC Sales and Growth Rate (2013-2018)
7.6 Southeast Asia SOFC Sales and Growth Rate (2013-2018)
8 South America SOFC by Countries
8.1 South America SOFC Sales, Revenue and Market Share by Countries
8.1.1 South America SOFC Sales and Market Share by Countries (2013-2018)
8.1.2 South America SOFC Revenue and Market Share by Countries (2013-2018)
8.2 Brazil SOFC Sales and Growth Rate (2013-2018)
8.3 Argentina SOFC Sales and Growth Rate (2013-2018)
8.4 Colombia SOFC Sales and Growth Rate (2013-2018)
9 Middle East and Africa SOFC by Countries
9.1 Middle East and Africa SOFC Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa SOFC Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa SOFC Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia SOFC Sales and Growth Rate (2013-2018)
9.3 UAE SOFC Sales and Growth Rate (2013-2018)
9.4 Egypt SOFC Sales and Growth Rate (2013-2018)
9.5 Nigeria SOFC Sales and Growth Rate (2013-2018)
9.6 South Africa SOFC Sales and Growth Rate (2013-2018)
10 Global SOFC Market Segment by Type
10.1 Global SOFC Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global SOFC Sales and Market Share by Type (2013-2018)
10.1.2 Global SOFC Revenue and Market Share by Type (2013-2018)
10.2 Planar Sales Growth and Price
10.2.1 Global Planar Sales Growth (2013-2018)
10.2.2 Global Planar Price (2013-2018)
10.3 Tubular Sales Growth and Price
10.3.1 Global Tubular Sales Growth (2013-2018)
10.3.2 Global Tubular Price (2013-2018)
10.4 Other Sales Growth and Price
10.4.1 Global Other Sales Growth (2013-2018)
10.4.2 Global Other Price (2013-2018)
11 Global SOFC Market Segment by Application
11.1 Global SOFC Sales Market Share by Application (2013-2018)
11.2 Stationary Sales Growth (2013-2018)
11.3 Transportation Sales Growth (2013-2018)
11.4 Portable & Military Sales Growth (2013-2018)
12 SOFC Market Forecast (2018-2023)
12.1 Global SOFC Sales, Revenue and Growth Rate (2018-2023)
12.2 SOFC Market Forecast by Regions (2018-2023)
12.2.1 North America SOFC Market Forecast (2018-2023)
12.2.2 Europe SOFC Market Forecast (2018-2023)
12.2.3 Asia-Pacific SOFC Market Forecast (2018-2023)
12.2.4 South America SOFC Market Forecast (2018-2023)
12.2.5 Middle East and Africa SOFC Market Forecast (2018-2023)
12.3 SOFC Market Forecast by Type (2018-2023)
12.3.1 Global SOFC Sales Forecast by Type (2018-2023)
12.3.2 Global SOFC Market Share Forecast by Type (2018-2023)
12.4 SOFC Market Forecast by Application (2018-2023)
12.4.1 Global SOFC Sales Forecast by Application (2018-2023)
12.4.2 Global SOFC Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure SOFC Picture
Table Product Specifications of SOFC
Figure Global Sales Market Share of SOFC by Types in 2017
Table SOFC Types for Major Manufacturers
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