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Home » Energy and Power » Solid Oxide Fuel Cell Market Size | Global Growth Trends, 2030

Solid Oxide Fuel Cell Market By Type (Planar, Tubular), Applications (Portable, Stationary, Transport), End-User (Data Centers, Commercial & Industrial, Residentials, Military & Defense), By Geography, Size, Share, Global Report, Forecast, 2021-2030

Published On: Mar-2022   |   Base Year: 2021   |   No Of Pages: 135   |   Historical Data: 2017 - 2020   |   Formats: PDF   |   Report ID: 40552767

Industry Report and Statistics (Facts & Figures) - Capex Opex Calculation, Cost Optimization, Production Feasibility, Production Cost, Investment Opportunities and Forecast to 2050

The global solid oxide fuel cell market will witness a robust CAGR of 11.78%, valued at $869.71 million in 2021, expected to appreciate and reach $12.25 billion by 2030, confirms Strategic Market Research. For the adequate operation of SOFC, several things are needed to be monitored, such as solid oxide fuel cell technology, solid oxide fuel cell efficiency, solid oxide fuel cell catalyst, solid oxide fuel cell temperature, solid oxide fuel cell electrolyte, etc.

Solid Oxide Fuel Cell Market Infographics

Insights on Solid Oxide Fuel Cell Market

Solid oxide fuel cells (SOFC) directly transform the chemical energy of the fuel and an oxidant into an electrical energy. Compared to traditional methods of generating energy, SOFCs are far more effective and environment friendly since they produce electricity with the help of electrochemical reaction rather than the old combustion process. Because of their unique qualities, they are ideally suited to address the climate change, environmental and water challenges connected to the production of electric power using fossil fuels.

Due to the government's support for sustainable sources in the domestic energy mix, the Asia-Pacific held a market share of 45.5% in 2021. Japan is the region's leader in fuel cell applications, which range from backup services for data centers to combined heat and power systems for residences. According to the "Green Growth Strategy Through Achieving Carbon Neutrality in 2050," issued by the Japanese government in 2020, the country intends to introduce up to 3 Mn tonnes of hydrogen before 2030 and, before 2050, up to 20 Mn tonnes. The country's fuel cell market is growing as a result of the high hydrogen availability.

Additionally, China has also seen an increase in hyper-scale platforms, which has expedited the country's data center growth. China has 50 internet users for every 100 people, showing room for growth and the connected ecosystem, which could propel the solid oxide fuel cell market. In order to build two data centers in India, Amazon Web Services is investing USD 1.6 billion, the majority of which will go into premium computer and storage equipment. Such innovations are projected to boost the region's solid oxide fuel cell market growth.

The stationary sector is the leading market, with 43.33% of the market share among transportation and portable by application. The increased emphasis on hydrogen-powered fuel cells for backup power generation is driving the expansion of this category.

Alma Clean Power has partnered with an EU-funded consortium to establish the HELENUS project, which intends to demonstrate the effectiveness of employing solid oxide fuel cells to deliver heat and power onboard cruise ships. The HELENUS partnership will build, install, and demonstrate a solid oxide fuel cell module of 500kW, running and operating in cogeneration mode onboard a MSC cruise ship scheduled to be launched in 2026. DLR manages the project, which is funded with around 14 million euros, and the collaboration includes a diverse variety of stakeholders.

 

Solid Oxide Fuel Cell Market Based on Market Share

 

Market Drivers - Increase In R&D Practices, Governmental Funds, And Rise in Demand for More Energy-Efficient Power Generation

  • The increase of worldwide government subsidies and the rise in R&D practices on fuel cell programs are the essential factors that are fuelling the overall industry growth. According to the Congressional Research Service, since 2000, total global expenditure on R&D practices has more than tripled in current United States dollars, from USD 677 billion to nearly USD 2.2 trillion in 2019. The USA emerged as a global leader in technology and science in the 2nd half of the 20th century

 

  • Apart from these, fuel flexibility, the continuous increase in demand for energy-efficient power generation, as well as stringent emission norms introduced by the governmental bodies, is augmenting the solid oxide fuel cell market growth significantly across the globe.

 

  • Furthermore, the rise in demand for the Proton-exchange membrane fuel cell, molten carbonate fuel cell, Alkaline fuel cell, Phosphoric acid fuel cell, direct methanol fuel cell, solid oxide electrolyzer cell (SOEC), Low-temperature solid oxide fuel cells, IT SOFC, and landfill gases are widely propelling the overall industry growth.

 

Restraints - Higher Cost of Fuel Cells

  • The cost of fuel cells is the major factor that is widely obstructing the overall growth of this market. A typical fuel cell price ranges around USD (32,000 to 34,000).

 

Opportunities: -

The usage of fuel cells is continuously increasing in the data centers and military sectors. Due to the consumption of huge watts of power, the data centers are planning for price reductions by adopting the method of distributed power generation, particularly the fuel cells, including SOFC, that had previously shown tremendous growth. On the other hand, the requirement for efficient and noiseless power generation for military applications is rising exponentially. All of these crucial factors are expected to fuel the overall solid oxide fuel cell market growth in the future.

Solid Oxide Fuel Cell Market Based on Application

 

Market Analysis Of Different Segments Covered in the Report

Based on Type:

  • Planar

  • Tubular

 

Based on Applications

  • Portable

  • Stationary

  • Transport

 

Based on End-User:

  • Data Centers

  • Commercial & Industrial

  • Residentials

  • Military & Defense

 

Regional Coverage Analysis

North America

  • US

  • Canada

  • Mexico

  • Rest of North America

 

Europe

  • France

  • U.K

  • Netherlands

  • Switzerland

  • Germany

  • Finland

  • Belgium

  • Russia

  • Italy

  • Spain

  • Turkey

  • Rest of Europe

 

Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Malaysia

  • Australia

  • Singapore

  • Thailand

  • Indonesia

  • Philippines

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

Solid Oxide Fuel Cell Market Based on Type

Segments Analysis & Insights

Based on Type, the ‘’Planar” segment held the largest share of around 60.22% of the market in 2020 and is anticipated to carry on dominating throughout the stipulated time period. This is due to its much easier process of construction. The Planar type of SOFCs is designed in such a unique manner that the ceramic fuel cell modules are placed one above the other just like a sandwiched-type design with an electrolyte inserted between the two electrodes.

 

Based on Applications, the “Stationary” segment dominated the industry with a share of approximately 47.33 % in 2020. The growth of this segment is mostly driven by the rise of focus on hydrogen-powered fuel cells for the generation of backup power.

 

Based on End-User, the “Commercial & Industrial “segment held the maximum share of around 48.22 % of the entire market in 2020. This is because of the continuous rise in demand for SOFCs for commercial and industrial purposes.

 

Based on Region, ‘’North America” significantly dominated the industry with the highest market share and a decent CAGR. The growth in this country can be primarily attributed to the increasing research and development for hydrogen fuel generating stations, higher demand for fuel cell power generation in vehicles, etc.  According to IEA, at the end of 2020, more than around 540 hydrogen refuelling stations were operating across the world, which showed an increase of almost more than 15% since 2019. Japan remained the leader with approximately 140 stations, followed by Germany (90 stations) and China (85 stations). Apart from that, the government policies and subsidies, including the (DoE’s) Solid State Energy Conversion Alliance (SECA) Program, are some of the pivotal driving factors for growth in the North American market.

The APAC (Asia-Pacific) region is expected to grow at the highest CAGR throughout the estimated time period because the governments of China, Japan, and South Korea are highly focused on the adequate utilization of renewable energy and are thus opting for utility-scale SOFC power.

 

Solid Oxide Fuel Cell Market Based on Region

 

Global Solid Oxide Fuel Cell Market Competitive Landscape Analysis

A competitive landscape analysis is necessary to find out the key competitors that exist in the market environment around the world. The comparison is performed based on the total revenue generated, company strengths and flaws, company overview, global presence, market initiatives, production capacities, market potential, investments in the field of Research & Development, company financials, production sites, and facilities, etc.

 

  • Mitsubishi Power

  • Aisin Seiki

  • Hitachi Zosen Corporation

  • Bloom Energy

  • Ceres Power

  • Adaptive Energy

  • Solid Power

  • Adelan

  • Watt fuel cell corporation

  • Upstart power

  • Convion ltd

  • Kyocera Corporation

  • AVL

  • Special Power Source

  • ZTEK Corporation

  • h2e Power

  • Elcogen AS

  • Miura

  • Sunfire

 

Solid Oxide Fuel Cell Market Report Coverage

Report Attribute

Details         

Forecast Period

2021-2030

Market size value in 2021

$869.71 Million

Revenue forecast in 2030

$12.25 Billion

Growth rate

34.17%

Base year for estimation

2021

Historical data

2017 - 2020

Unit

USD Billion, CAGR (2021 - 2030)

Segmentation

Based on Type, Based on Applications, Based on End-User, Based on Region

Based on Type

Planar, Stationary

Based on  Applications

Portable, Stationary and Transport

Based on End-User

Data Centers, Commercial & Industrial,Residentials,Military & Defense

By Region

U.S, Mexico, Canada and Rest of North America

Country Scope

U.S., Canada, France, Germany, U.K., China, Japan, India, South Korea, Mexico, Brazil, U.A.E. etc.

Company Usability Profiles

Mitsubishi Power,Aisin Seiki,Hitachi Zosen Corporation,Bloom Energy,Ceres Power,Adaptive Energy,Solid Power,Adelan,Watt fuel cell corporation,Upstart power,Convion ltd,Kyocera Corporation AVL,Special Power Source,ZTEK Corporation,h2e Power,Elcogen AS,Miur,Sunfire

 

 

Recent Developments

  • On February 2021, AVL & Ceres announced its collaboration and stated that they are planning to further extend their SOFC technology market to acquire more knowledge & experience in the field of SOFC (solid oxide fuel cell) technology for compiling a comprehensive IP portfolio & make it readily available to a wider range of customers worldwide.

 

  • On May 2021, Calor supported Adelan’s, Microtubular Solid Oxide Fuel Cell (mSOFC) technology to achieve the same rate of carbon reductions as achieved previously using fuels like hydrogen by the usage of SOFC fuel cells.

 

  • On October 2020, Mitsubishi successfully supplied solid oxide fuel cells to the European projects for its further enhancements. This highly efficient hybrid system would be put into operation at the Gas-und Warme-Insistut located in Essen, Germany, where the proportional usage of hydrogen as fuel gas and the flexible operations of the SOFC will be under a thorough research process under real conditions.

Frequently Asked Question About This Report

The crucial factors that are continuously augmenting the overall market growth are an increase in R&D practices, governmental funds, and the continuous rise in demand for more energy-efficient power generation.

The market is expected to grow at a compound annual growth rate (CAGR) of 34.17%. from 2021 to 2030 to reach $12.25 Billion by 2030.

Based on Applications, the Stationery segment dominated the market with a share of approximately 47.33 % in 2020.

The Market size was $869.71 Million in 2021 and is predicted to reach $12.25 Billion by 2030 with a CAGR of 34.17%.

The pivotal market players operating in the Global Solid Oxide Fuel Cell Market are Mitsubishi Power, Aisin Seiki, Hitachi Zosen Corporation, Bloom Energy, Ceres Power, Adaptive Energy, Solid Power, Adelan, Watt fuel cell corporation, Upstart power, Convion ltd, Kyocera Corporation, AVL, Special Power Source, ZTEK Corporation, h2e Power, Elcogen AS, Miura, and Sunfire

Based on Region, North America significantly dominated the market with the highest market share and a decent CAGR

 

 

1.   Introduction

       1.1. Study Objective

       1.2. Market Definition        

       1.3. Study Scope

              1.3.1. Markets Covered

              1.3.2. Geographic Scope

              1.3.3. Years Considered

              1.3.4. Stakeholders

2.   Research Methodology

       2.1. Data Procurement

       2.2. Paid Database

              2.2.1. Secondary Data

                     2.2.1.1. Key Secondary sources

              2.2.2. Primary Data

                     2.2.2.1 Primary sources

                     2.2.2.2. Key industry insights

                     2.2.2.3. Primary interviews with experts

                     2.2.2.4. Key primary respondent list

       2.3. Market Size Estimation

       2.4. Bottom-Up and Top-Down Approaches

              2.4.1.     Bottom-Up Approach

                     2.4.1.1.         Approach for arriving at market size by bottom-up analysis

              2.4.2.     Top-Down Approach

                     2.4.2.1.         Approach for Capturing Market Size by Top-Down Analysis

       2.5. Market Breakdown and Data Triangulation

       2.6. Research Methodology

       2.7. Risk Assessment

3.  Executive Summary

       3.1  Solid Oxide Fuel Cell Market: Post-Covid-19

              3.1.1      Actual Scenario

              3.1.2      Pessimistic Scenario

              3.1.3      Optimistic Scenario

              3.1.4      Market Summary

4. Industry Outlook

       4.1  Market Snapshot

       4.2  Global Market

              4.2.1      Global market, 2021-2030 (USD Million)

       4.3  Regional Business Analysis

              4.3.1      Global market, by region, 2021-2030 (USD Million)

       4.4  By Type Analysis

              4.4.1      Global market, By Type, 2021-2030 (USD Million)

       4.5  By End-User Business Analysis

              4.5.1      Global market, By End-User, 2021-2030 (USD Million)

       4.6  Applications Business Analysis

              4.6.1      Global market, By Applications, 2021-2030 (USD Million)

       4.7  Value Chain Analysis

       4.8  Market Variable Analysis

              4.8.1      Market Drivers Analysis

              4.8.2      Market Restraints Analysis

       4.9 Business Environment Analysis Tool

              4.9.1     PEST analysis

              4.9.2     Porter’s analysis

       4.10 Penetration & Growth Prospect Mapping

5. Market Dynamics

       5.1. Introduction

       5.2. Market Dynamics

              5.2.1.     Drivers

              5.2.2.     Restraints

              5.2.3.     Opportunities

              5.2.4.     Challenges

       5.3. Impact of Covid-19 

       5.4. Value Chain Analysis

       5.5. Ecosystem

       5.6. Patent Analysis

       5.7. Trade Analysis

       5.8. Tariff Analysis

       5.9. Case Study Analysis

5.10.      Porter’s Five Forces Analysis

              5.10.1    Threat of New Entrants

              5.10.2    Threat of Substitutes

              5.10.3    Bargaining Power of Buyers

              5.10.4    Bargaining Power of Suppliers

              5.10.5    Degree of Competition

       5.11.              Applications Analysis

              5.11.1.   Trends in Applications (2014-2020)

              5.11.2.   Trends in Applications (2021-2028)

       5.12.              Pricing Analysis

              5.12.1.   Average Price Trend Analysis (By region, By Countries)

6. Competitive & Vendor Landscape

       6.1. Company Market Share Analysis

       6.2. Manufacturers Solid Oxide Fuel Cell Manufacturing Sites, Area Served, Product Type

       6.3. Competitive Situation and Trends

       6.4. Manufacturers Mergers & Acquisitions, Expansion Plans

7. Global Market: By Type Segment Analysis

       7.1. Introduction

       7.2. Sales Volume & Revenue Analysis (2021-2030)

       7.3. Planar

              7.3.1. Planar market, 2021-2030 (USD Million)

      7.4.  Tubular

              7.4.1. Tubular market, 2021-2030 (USD Million)

8. Global Market: By End-User Segment Analysis

       8.1. Introduction

       8.2. Sales Volume & Revenue Analysis (2021-2030)

       8.3. Data Centers

              8.3.1.     Data Centers market, 2021-2030 (USD Million)

       8.4. Commercial & Industrial

              8.4.1.     Commercial & Industrial market, 2021-2030 (USD Million)

       8.5. Residentials

              8.5.1.     Residentials market, 2021-2030 (USD Million)

       8.6. Military & Defense

              8.6.1.     Military & Defense market, 2021-2030 (USD Million)

9. Global Solid Oxide Fuel Cell Market: By Applications Segment Analysis

       9.1. Introduction

       9.2. Sales Volume & Revenue Analysis (2021-2030)

       9.3. Portable

              9.3.1.     Portable market, 2021-2030 (USD Million)

       9.4. Stationary

              9.4.1.     Stationary market, 2021-2030 (USD Million)

       9.5. Transport

              9.5.1.     Transport market, 2021-2030 (USD Million)

10. Global Market: Regional Outlook

       10.1 North America

              10.1.1.   North America, by By Type, 2021-2030 (USD Million)

              10.1.2.   North America, by By End-User, 2021-2030 (USD Million)

              10.1.3.   North America, by Applications, 2021-2030 (USD Million)

              10.1.4.   North America, by Country, 2021-2030 (USD Million)

       10.1.4.1. U.S.

                     10.1.4.1.1.   U.S. , by By Type, 2021-2030 (USD Million)

                     10.1.4.1.2.   U.S., by By End-User, 2021-2030 (USD Million)

                     10.1.4.1.3.   U.S., by Applications, 2021-2030 (USD Million)

     10.1.4.2.  Canada

                     10.1.4.2.1.   Canada, by By Type, 2021-2030 (USD Million)

                     10.1.4.2.2.   Canada  by By End-User, 2021-2030 (USD Million)

                     10.1.4.2.3.   Canada, by Applications, 2021-2030 (USD Million)

10.2. Europe

              10.2.1.   Europe By Type, 2021-2030 (USD Million)

              10.2.2.   Europe By End-User, 2021-2030 (USD Million)

              10.2.3.   Europe by Applications, 2021-2030 (USD Million)

              10.2.4.   Europe by country, 2021-2030 (USD Million)

    10.2.4.1    U.K.

                     10.2.4.1.1.   U.K. By Type, 2021-2030 (USD Million)

                     10.2.4.1.2.   U.K. By End-User, 2021-2030 (USD Million)

                     10.2.4.1.3.   U.K. by Applications, 2021-2030 (USD Million)

   10.2.4.2.           Germany

                     10.2.4.2.1.   Germany By Type, 2021-2030 (USD Million)

                     10.2.4.2.2.   Germany By End-User, 2021-2030 (USD Million)

                     10.2.4.2.3.   Germany  By Applications, 2021-2030 (USD Million)

   10.2.4.3.           France

                     10.2.4.3.1.   France By Type, 2021-2030 (USD Million)

                     10.2.4.3.2.   France By End-User, 2021-2030 (USD Million)

                     10.2.4.3.3.   France  by Applications, 2021-2030 (USD Million)

    10.2.4.4.          Rest of Europe

                     10.2.4.4.1.   Rest of Europe By Type, 2021-2030 (USD Million)

                     10.2.4.4.2.   Rest of Europe By End-User, 2021-2030 (USD Million)

                     10.2.4.4.3.   Rest of Europe by Applications, 2021-2030 (USD Million)

       10.3.              Asia Pacific

              10.3.1.   Asia Pacific By Type, 2021-2030 (USD Million)

              10.3.2.   Asia Pacific By End-User, 2021-2030 (USD Million)

              10.3.3.   Asia Pacific by Applications, 2021-2030 (USD Million)

              10.3.4.   Asia Pacific by country, 2021-2030 (USD Million)

   10.3.4.1.           China

                     10.3.4.1.1.   China By Type, 2021-2030 (USD Million)

                     10.3.4.1.2.   China By End-User, 2021-2030 (USD Million)

                     10.3.4.1.3.   China by Applications, 2021-2030 (USD Million)

   10.3.4.2.           India

                     10.3.4.2.1.   India By Type, 2021-2030 (USD Million)

                     10.3.4.2.2.   India By End-User, 2021-2030 (USD Million)

                     10.3.4.2.3.   India  by Applications, 2021-2030 (USD Million)

   10.3.4.3.           Japan

                     10.3.4.3.1.   Japan By Type, 2021-2030 (USD Million)

                     10.3.4.3.2.   Japan By End-User, 2021-2030 (USD Million)

                     10.3.4.3.3.   Japan by Applications, 2021-2030 (USD Million)

   10.3.4.4.           South Korea

                     10.3.4.4.1.   South Korea By Type, 2021-2030 (USD Million)

                     10.3.4.4.2.   South Korea By End-User, 2021-2030 (USD Million)

                     10.3.4.4.3.   South Korea by Applications, 2021-2030 (USD Million)

10.3.4.5.              Rest of ASIA PACIFIC

                     10.3.4.5.1.   Rest of ASIA PACIFIC By Type, 2021-2030 (USD Million)

                     10.3.4.5.2.   Rest of ASIA PACIFIC By End-User, 2021-2030 (USD Million)

                     10.3.4.5.3.   Rest of ASIA PACIFIC by Applications, 2021-2030 (USD Million)

       10.4.              Latin America

              10.4.1.   Latin America By Type, 2021-2030 (USD Million)

              10.4.2.   Latin America By End-User, 2021-2030 (USD Million)

              10.4.3.   Latin America by Applications, 2021-2030 (USD Million)

              10.4.4.   Latin America by country, 2021-2030 (USD Million)

10.4.4.1.              Brazil

                     10.4.4.1.1.   Brazil By Type, 2021-2030 (USD Million)

                     10.4.4.1.2.   Brazil By End-User, 2021-2030 (USD Million)

                     10.4.4.1.3.   Brazil by Applications, 2021-2030 (USD Million)

10.4.4.2.              Mexico

                     10.4.4.2.1.   Mexico By Type, 2021-2030 (USD Million)

                     10.4.4.2.2.   Mexico By End-User, 2021-2030 (USD Million)

                     10.4.4.2.3.   Mexico by Applications, 2021-2030 (USD Million)

                     10.4.4.3.       Rest of the Latin America

                     10.4.4.3.1.   Rest of the Latin America By Type, 2021-2030 (USD Million)

                     10.4.4.3.2.   Rest of the Latin America By End-User, 2021-2030 (USD Million)

                     10.4.4.3.3.   Rest of the Latin America by Applications, 2021-2030 (USD Million)

       10.5.              MEA

              10.5.1.   MEA By Type, 2021-2030 (USD Million)

              10.5.2.   MEA By End-User, 2021-2030 (USD Million)

              10.5.3.   MEA by Applications, 2021-2030 (USD Million)

              10.5.4.   MEA by Region, 2021-2030 (USD Million)

 

11. Competitive Landscape

       11.1 Mitsubishi Power

              11.1.1.   Company overview

              11.1.2.   Financial performance

              11.1.3.   Product Portfolio Analysis

              11.1.4.   Business Strategy & Recent Development

       11.2. Aisin Seiki

              11.2.1.   Company overview

              11.2.2.   Financial performance

              11.2.3.   Product Portfolio Analysis

              11.2.4.   Business Strategy & Recent Development

       11.3. Hitachi Zosen Corporation

              11.3.1.   Company overview

              11.3.2.   Financial performance

              11.3.3.   Product Portfolio Analysis

              11.3.4.   Business Strategy & Recent Development

       11.4. Bloom Energy

              11.4.1.   Company overview

              11.4.2.   Financial performance

              11.4.3.   Product Portfolio Analysis

              11.4.4.   Business Strategy & Recent Development

       11.5. Ceres Power

              11.5.1.   Company overview

              11.5.2.   Financial performance

              11.5.3.   Product Portfolio Analysis

              11.5.4.   Business Strategy & Recent Development

       11.6. Adaptive Energy

              11.6.1.   Company overview

              11.6.2.   Financial performance

              11.6.3.   Product Portfolio Analysis

              11.6.4.   Business Strategy & Recent Development

       11.7. Solid Power

              11.7.1.   Company overview

              11.7.2.   Financial performance

              11.7.3.   Product Portfolio Analysis

              11.7.4.   Business Strategy & Recent Development

       11.8. Adelan

              11.8.1.   Company overview

              11.8.2.   Financial performance

              11.8.3.   Product Portfolio Analysis

              11.8.4.   Business Strategy & Recent Development

       11.9. Watt fuel cell corporation

              11.9.1.   Company overview

              11.9.2.   Financial performance

              11.9.3.   Product Portfolio Analysis

              11.9.4.   Business Strategy & Recent Development

       11.10. Upstart power

              11.10.1. Company overview

              11.10.2. Financial performance

              11.10.3. Product Portfolio Analysis

              11.10.4. Business Strategy & Recent Development

       11.11. Convion ltd

              11.11.1. Company overview

              11.11.2. Financial performance

              11.11.3. Product Portfolio Analysis

              11.11.4. Business Strategy & Recent Development

       11.12. Kyocera Corporation

              11.12.1. Company overview

              11.12.2. Financial performance

              11.12.3. Product Portfolio Analysis

              11.12.4. Business Strategy & Recent Development

       11.13. AVL

              11.13.1. Company overview

              11.13.2. Financial performance

              11.13.3. Product Portfolio Analysis

              11.13.4. Business Strategy & Recent Development

       11.14. Special Power Source

              11.14.1. Company overview

              11.14.2. Financial performance

              11.14.3. Product Portfolio Analysis

              11.14.4. Business Strategy & Recent Development

       11.15. ZTEK Corporation

              11.15.1. Company overview

              11.15.2. Financial performance

              11.15.3. Product Portfolio Analysis

              11.15.4. Business Strategy & Recent Development

       11.16. h2e Power

              11.16.1. Company overview

              11.16.2. Financial performance

              11.16.3. Product Portfolio Analysis

              11.16.4. Business Strategy & Recent Development

       11.17. Elcogen AS

              11.17.1. Company overview

              11.17.2. Financial performance

              11.17.3. Product Portfolio Analysis

              11.17.4. Business Strategy & Recent Development

       11.18. Miura

              11.18.1. Company overview

              11.18.2. Financial performance

              11.18.3. Product Portfolio Analysis

              11.18.4. Business Strategy & Recent Development

       11.19. Sunfire

              11.19.1. Company overview

              11.19.2. Financial performance

              11.19.3. Product Portfolio Analysis

              11.19.4. Business Strategy & Recent Development

 

List of Tables (67 Tables)

TABLE 1.  By Type, 2021-2030 (USD Million)

TABLE 2.  FOR Planar, BY REGION, 2021-2030 (USD Million)

TABLE 3.  FOR Tubular, BY REGION, 2021-2030 (USD Million)

TABLE 4. By End-User, 2021-2030 (USD Million)

TABLE 5. FOR Data Centers, BY REGION, 2021-2030 (USD Million)

TABLE 6. FOR Commercial & Industrial, BY REGION, 2021-2030 (USD Million)

TABLE 7. FOR Residentials, BY REGION, 2021-2030 (USD Million)

TABLE 8. FOR Military & Defense, BY REGION, 2021-2030 (USD Million)

TABLE 9. BY APPLICATIONS, 2021-2030 (USD Million)

TABLE 10. FOR Portable, BY REGION, 2021-2030 (USD Million)

TABLE 11. FOR Stationary, BY REGION, 2021-2030 (USD Million)

TABLE 12. FOR Transport, BY REGION, 2021-2030 (USD Million)

TABLE 13. BY REGION, 2021-2030 (USD Million)

TABLE 14. NORTH AMERICA BY COUNTRY, 2021-2030 (USD Million)

TABLE 15. NORTH AMERICA By Type, 2021-2030 (USD Million)

TABLE 16. NORTH AMERICA  By End-User, 2021-2030 (USD Million)

TABLE 17. NORTH AMERICA  BY APPLICATIONS, 2021-2030 (USD Million)

TABLE 18. EUROPE BY COUNTRY, 2021-2030 (USD Million)

TABLE 19. EUROPE By Type, 2021-2030 (USD Million)

TABLE 20. EUROPE By End-User, 2021-2030 (USD Million)

TABLE 21. EUROPE BY APPLICATIONS, 2021-2030 (USD Million)

TABLE 22. ASIA-PACIFIC BY COUNTRY, 2021-2030 (USD Million)

TABLE 23. ASIA-PACIFIC By Type, 2021-2030 (USD Million)

TABLE 24. ASIA-PACIFIC By End-User, 2021-2030 (USD Million)

TABLE 25. ASIA-PACIFIC BY APPLICATIONS, 2021-2030 (USD Million)

TABLE 26. LAMEA BY COUNTRY, 2021-2030 (USD Million)

TABLE 27. LAMEA By Type, 2021-2030 (USD Million)

TABLE 28. LAMEA By End-User, 2021-2030 (USD Million)

TABLE 29. LAMEA BY APPLICATIONS, 2021-2030 (USD Million)

TABLE 30. Mitsubishi Power: COMPANY SNAPSHOT

TABLE 31. Mitsubishi Power: OPERATING SEGMENTS

TABLE 32. Aisin Seiki: COMPANY SNAPSHOT

TABLE 33. Aisin Seiki: OPERATING SEGMENTS

TABLE 34. Hitachi Zosen Corporation: COMPANY SNAPSHOT

TABLE 35. Hitachi Zosen Corporation: OPERATING SEGMENTS

TABLE 36. Bloom Energy: COMPANY SNAPSHOT

TABLE 37. Bloom Energy: OPERATING SEGMENTS

TABLE 38. Ceres Power: COMPANY SNAPSHOT

TABLE 39. Ceres Power: OPERATING SEGMENTS

TABLE 40. Adaptive Energy: COMPANY SNAPSHOT

TABLE 41. Adaptive Energy: OPERATING SEGMENTS

TABLE 42. Solid Power: COMPANY SNAPSHOT

TABLE 43. Solid Power: OPERATING SEGMENTS

TABLE 44. Adelan: COMPANY SNAPSHOT

TABLE 45. Adelan: OPERATING SEGMENTS

TABLE 46. Watt fuel cell corporation: COMPANY SNAPSHOT

TABLE 47. Watt fuel cell corporation: OPERATING SEGMENTS

TABLE 48. Upstart power: COMPANY SNAPSHOT

TABLE 49. Upstart power: OPERATING SEGMENTS

TABLE 50. Convion ltd: COMPANY SNAPSHOT

TABLE 51. Convion ltd: OPERATING SEGMENTS

TABLE 52. Kyocera Corporation: COMPANY SNAPSHOT

TABLE 53. Kyocera Corporation: OPERATING SEGMENTS

TABLE 54. AVL: COMPANY SNAPSHOT

TABLE 55. AVL: OPERATING SEGMENTS

TABLE 56. Special Power Source: COMPANY SNAPSHOT

TABLE 57. Special Power Source: OPERATING SEGMENTS

TABLE 58. ZTEK Corporation: COMPANY SNAPSHOT

TABLE 59. ZTEK Corporation: OPERATING SEGMENTS

TABLE 60. h2e Power: COMPANY SNAPSHOT

TABLE 61. h2e Power: OPERATING SEGMENTS

TABLE 62. Elcogen AS: COMPANY SNAPSHOT

TABLE 63. Elcogen AS: OPERATING SEGMENTS

TABLE 64. Miura: COMPANY SNAPSHOT

TABLE 65. Miura: OPERATING SEGMENTS

TABLE 66. Sunfire: COMPANY SNAPSHOT

TABLE 67. Sunfire: OPERATING SEGMENTS

 

List of Figures (22 Figures)

Figure 1 Research Methodology Steps

Figure 2 Research Design

Figure 3 Breakdown of Primaries: 

Figure 4 Research Methodology: Hypothesis Building

Figure 5 Product-Based Estimation

Figure 6 Top 19 Companies with Highest No. Of Patent in Last 9 Years

Figure 7 No. Of Patents Granted Per Year, 2019–2020

Figure 8 Import Data for Solid Oxide Fuel Cell, By Country, 2016–2020 (USD Thousand)

Figure 9 Export Data for Solid Oxide Fuel Cell, By Country, 2016–2020 (USD Thousand)

Figure 10 Data Triangulation Methodology

Figure 11 By End-User, 2019 vs. 2025 (USD Million)

Figure 12 By Applications, 2019 vs. 2025 (USD Million)

Figure 13 Share, By Type, 2019 vs. 2025 (USD Million)

Figure 14 Geographical Snapshot of the 

Figure 15 Planar to Witness Higher CAGR for Type Segment during Forecast Period.

Figure 16 Stationary to Witness Higher CAGR for Applications Segment during Forecast Period.

Figure 17 Commercial & Industrial to Witness Higher CAGR For End-User Segment during Forecast Period.

Figure 18 North America Accounted for the Largest Share By Regional Basis, in 2019

Figure 19 Drivers, Restraints, Opportunities, and Challenges

Figure 20 North America: Snapshot

Figure 21 Asia Pacific: Snapshot

Figure 22 Vendor Dive: Evaluation Overview

 

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