Global Solid Oxide Fuel Cell (SOFC) Market overview:
With the slowdown in world economic growth, the Solid Oxide Fuel Cell (SOFC) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Solid Oxide Fuel Cell (SOFC) market size to maintain the average annual growth rate of 13.77% from 275 million $ in 2014 to 405 million $ in 2017 market analysts believe that in the next few years, Solid Oxide Fuel Cell (SOFC) market size will be further expanded, we expect that by 2022, The market size of the Solid Oxide Fuel Cell (SOFC) will reach 760 million $.
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The Global Solid Oxide Fuel Cells (SOFC) Market produce electricity by the use of electrochemical conversions wherein fuels including biogas, natural gas, propane hydrogen, and other hydrocarbons are oxidized directly. The global solid oxide fuel cells (SOFC) market is predicted to experience robust growth due to the increasing requirement for zero emission energy devices and alternative sources of energy.
Global Solid Oxide Fuel Cells (SOFC) Market is segmented on the basis of Application, Type, End-Use and Region. Based on Type the Planar segment held the largest market share in the solid oxide fuel cell market. The growth of the planar segment is mainly attributed to the applications of the planar SOFC type in the power generation segment and transportation APU end-use. The planar type is the most commonly used type of solid oxide fuel cell for sub-megawatt and megawatt-scale installations.
Regionally, North America led the global solid oxide fuel cell market Government subsidies and incentives provided for the installation of solid oxide fuel cells for power generation applications was the driving factor for the growth in this region. The market in North America is dominated by the power generation segment, with Bloom Energy being the market leader in the supply of solid oxide fuel cells. Several commercial and retail outlets, such as Walmart, Home Depot, and Ikea are investing in solid oxide fuel cells to power their retail outlets and offices for cost saving and emission reduction. Data centers are also adopting solid oxide fuel cells for energy cost saving and efficient power generation.
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Major Key Players:
1 Bloom Energy
2 Siemens Energy
3 Aisin Seiki
4 Mitsubishi Heavy Industries
5 Delphi Corp
6 GE
7 Convion
8 FuelCell Energy
9 Atrex Energy, Inc
10 SOLIDpower
11 ZTEK Corporation and More………….
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global Solid Oxide Fuel Cell (SOFC) Market Report 2018
1 Solid Oxide Fuel Cell (SOFC) Definition
2 Global Solid Oxide Fuel Cell (SOFC) Market Major Player Share and Market Overview
3 Major Player Solid Oxide Fuel Cell (SOFC) Business Introduction
4 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Region Level)
5 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Product Type Level)
6 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Industry Level)
7 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Channel Level)
8 Solid Oxide Fuel Cell (SOFC) Market Forecast 2018-2022
9 Solid Oxide Fuel Cell (SOFC) Segmentation Type
10 Solid Oxide Fuel Cell (SOFC) Segmentation Industry
11 Solid Oxide Fuel Cell (SOFC) Cost Analysis
12 Conclusion
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