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掳C (1,830掳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. This report studies the Solid Oxide Fuel Cell (SOFC) market, from angles of players, regions, product types and end industries, to analyze the status and the future. The scope of this report is mainly for commercial companies, excluding products from government departments and research institutions.
The global Solid Oxide Fuel Cell (SOFC) market was valued at US$ 634 million in 2022 and is anticipated to reach US$ 1506.1 million by 2029, witnessing a CAGR of 13.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Solid Oxide Fuel Cell (SOFC) key players include Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, etc. Global top five manufacturers hold a share about 60%. North America and Europe is the largest market, both with a share about 30%, followed by Japan, with a share about 10 percent. In terms of product, Planar is the largest segment, with a share about 55%. And in terms of application, the largest application is Stationary, followed by Transportation, Portable & Military.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Solid Oxide Fuel Cell (SOFC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid Oxide Fuel Cell (SOFC).
The Solid Oxide Fuel Cell (SOFC) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Solid Oxide Fuel Cell (SOFC) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solid Oxide Fuel Cell (SOFC) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Bloom Energy
Siemens Energy
Aisin Seiki
Mitsubishi Heavy Industries
Delphi
GE
Convion
FuelCell Energy
Atrex Energy, Inc
SOLIDpower
ZTEK
Redox Power Systems
Ceres
Elcogen
Segment by Type
Tubular
Planar
Others
Segment by Application
Transportation
Portable & Military
Stationary
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solid Oxide Fuel Cell (SOFC) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solid Oxide Fuel Cell (SOFC) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solid Oxide Fuel Cell (SOFC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Solid Oxide Fuel Cell (SOFC) Market Overview
1.1 Product Definition
1.2 Solid Oxide Fuel Cell (SOFC) Segment by Type
1.2.1 Global Solid Oxide Fuel Cell (SOFC) Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Tubular
1.2.3 Planar
1.2.4 Others
1.3 Solid Oxide Fuel Cell (SOFC) Segment by Application
1.3.1 Global Solid Oxide Fuel Cell (SOFC) Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Transportation
1.3.3 Portable & Military
1.3.4 Stationary
1.4 Global Market Growth Prospects
1.4.1 Global Solid Oxide Fuel Cell (SOFC) Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Solid Oxide Fuel Cell (SOFC) Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Solid Oxide Fuel Cell (SOFC) Production Estimates and Forecasts (2018-2029)
1.4.4 Global Solid Oxide Fuel Cell (SOFC) Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solid Oxide Fuel Cell (SOFC) Production Market Share by Manufacturers (2018-2023)
2.2 Global Solid Oxide Fuel Cell (SOFC) Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Solid Oxide Fuel Cell (SOFC), Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Solid Oxide Fuel Cell (SOFC) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solid Oxide Fuel Cell (SOFC) Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Solid Oxide Fuel Cell (SOFC), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solid Oxide Fuel Cell (SOFC), Product Offered and Application
2.8 Global Key Manufacturers of Solid Oxide Fuel Cell (SOFC), Date of Enter into This Industry
2.9 Solid Oxide Fuel Cell (SOFC) Market Competitive Situation and Trends
2.9.1 Solid Oxide Fuel Cell (SOFC) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solid Oxide Fuel Cell (SOFC) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solid Oxide Fuel Cell (SOFC) Production by Region
3.1 Global Solid Oxide Fuel Cell (SOFC) Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Solid Oxide Fuel Cell (SOFC) Production Value by Region (2018-2029)
3.2.1 Global Solid Oxide Fuel Cell (SOFC) Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Solid Oxide Fuel Cell (SOFC) by Region (2024-2029)
3.3 Global Solid Oxide Fuel Cell (SOFC) Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Solid Oxide Fuel Cell (SOFC) Production by Region (2018-2029)
3.4.1 Global Solid Oxide Fuel Cell (SOFC) Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Solid Oxide Fuel Cell (SOFC) by Region (2024-2029)
3.5 Global Solid Oxide Fuel Cell (SOFC) Market Price Analysis by Region (2018-2023)
3.6 Global Solid Oxide Fuel Cell (SOFC) Production and Value, Year-over-Year Growth
3.6.1 North America Solid Oxide Fuel Cell (SOFC) Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Solid Oxide Fuel Cell (SOFC) Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Solid Oxide Fuel Cell (SOFC) Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Solid Oxide Fuel Cell (SOFC) Production Value Estimates and Forecasts (2018-2029)
4 Solid Oxide Fuel Cell (SOFC) Consumption by Region
4.1 Global Solid Oxide Fuel Cell (SOFC) Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Solid Oxide Fuel Cell (SOFC) Consumption by Region (2018-2029)
4.2.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Region (2018-2023)
4.2.2 Global Solid Oxide Fuel Cell (SOFC) Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Solid Oxide Fuel Cell (SOFC) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Solid Oxide Fuel Cell (SOFC) Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solid Oxide Fuel Cell (SOFC) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solid Oxide Fuel Cell (SOFC) Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Solid Oxide Fuel Cell (SOFC) Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solid Oxide Fuel Cell (SOFC) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Solid Oxide Fuel Cell (SOFC) Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solid Oxide Fuel Cell (SOFC) Production by Type (2018-2029)
5.1.1 Global Solid Oxide Fuel Cell (SOFC) Production by Type (2018-2023)
5.1.2 Global Solid Oxide Fuel Cell (SOFC) Production by Type (2024-2029)
5.1.3 Global Solid Oxide Fuel Cell (SOFC) Production Market Share by Type (2018-2029)
5.2 Global Solid Oxide Fuel Cell (SOFC) Production Value by Type (2018-2029)
5.2.1 Global Solid Oxide Fuel Cell (SOFC) Production Value by Type (2018-2023)
5.2.2 Global Solid Oxide Fuel Cell (SOFC) Production Value by Type (2024-2029)
5.2.3 Global Solid Oxide Fuel Cell (SOFC) Production Value Market Share by Type (2018-2029)
5.3 Global Solid Oxide Fuel Cell (SOFC) Price by Type (2018-2029)
6 Segment by Application
6.1 Global Solid Oxide Fuel Cell (SOFC) Production by Application (2018-2029)
6.1.1 Global Solid Oxide Fuel Cell (SOFC) Production by Application (2018-2023)
6.1.2 Global Solid Oxide Fuel Cell (SOFC) Production by Application (2024-2029)
6.1.3 Global Solid Oxide Fuel Cell (SOFC) Production Market Share by Application (2018-2029)
6.2 Global Solid Oxide Fuel Cell (SOFC) Production Value by Application (2018-2029)
6.2.1 Global Solid Oxide Fuel Cell (SOFC) Production Value by Application (2018-2023)
6.2.2 Global Solid Oxide Fuel Cell (SOFC) Production Value by Application (2024-2029)
6.2.3 Global Solid Oxide Fuel Cell (SOFC) Production Value Market Share by Application (2018-2029)
6.3 Global Solid Oxide Fuel Cell (SOFC) Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Bloom Energy
7.1.1 Bloom Energy Solid Oxide Fuel Cell (SOFC) Corporation Information
7.1.2 Bloom Energy Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.1.3 Bloom Energy Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Bloom Energy Main Business and Markets Served
7.1.5 Bloom Energy Recent Developments/Updates
7.2 Siemens Energy
7.2.1 Siemens Energy Solid Oxide Fuel Cell (SOFC) Corporation Information
7.2.2 Siemens Energy Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.2.3 Siemens Energy Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Siemens Energy Main Business and Markets Served
7.2.5 Siemens Energy Recent Developments/Updates
7.3 Aisin Seiki
7.3.1 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Corporation Information
7.3.2 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.3.3 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Aisin Seiki Main Business and Markets Served
7.3.5 Aisin Seiki Recent Developments/Updates
7.4 Mitsubishi Heavy Industries
7.4.1 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Corporation Information
7.4.2 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.4.3 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Mitsubishi Heavy Industries Main Business and Markets Served
7.4.5 Mitsubishi Heavy Industries Recent Developments/Updates
7.5 Delphi
7.5.1 Delphi Solid Oxide Fuel Cell (SOFC) Corporation Information
7.5.2 Delphi Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.5.3 Delphi Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Delphi Main Business and Markets Served
7.5.5 Delphi Recent Developments/Updates
7.6 GE
7.6.1 GE Solid Oxide Fuel Cell (SOFC) Corporation Information
7.6.2 GE Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.6.3 GE Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.6.4 GE Main Business and Markets Served
7.6.5 GE Recent Developments/Updates
7.7 Convion
7.7.1 Convion Solid Oxide Fuel Cell (SOFC) Corporation Information
7.7.2 Convion Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.7.3 Convion Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Convion Main Business and Markets Served
7.7.5 Convion Recent Developments/Updates
7.8 FuelCell Energy
7.8.1 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Corporation Information
7.8.2 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.8.3 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.8.4 FuelCell Energy Main Business and Markets Served
7.7.5 FuelCell Energy Recent Developments/Updates
7.9 Atrex Energy, Inc
7.9.1 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Corporation Information
7.9.2 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.9.3 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Atrex Energy, Inc Main Business and Markets Served
7.9.5 Atrex Energy, Inc Recent Developments/Updates
7.10 SOLIDpower
7.10.1 SOLIDpower Solid Oxide Fuel Cell (SOFC) Corporation Information
7.10.2 SOLIDpower Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.10.3 SOLIDpower Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.10.4 SOLIDpower Main Business and Markets Served
7.10.5 SOLIDpower Recent Developments/Updates
7.11 ZTEK
7.11.1 ZTEK Solid Oxide Fuel Cell (SOFC) Corporation Information
7.11.2 ZTEK Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.11.3 ZTEK Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.11.4 ZTEK Main Business and Markets Served
7.11.5 ZTEK Recent Developments/Updates
7.12 Redox Power Systems
7.12.1 Redox Power Systems Solid Oxide Fuel Cell (SOFC) Corporation Information
7.12.2 Redox Power Systems Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.12.3 Redox Power Systems Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Redox Power Systems Main Business and Markets Served
7.12.5 Redox Power Systems Recent Developments/Updates
7.13 Ceres
7.13.1 Ceres Solid Oxide Fuel Cell (SOFC) Corporation Information
7.13.2 Ceres Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.13.3 Ceres Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Ceres Main Business and Markets Served
7.13.5 Ceres Recent Developments/Updates
7.14 Elcogen
7.14.1 Elcogen Solid Oxide Fuel Cell (SOFC) Corporation Information
7.14.2 Elcogen Solid Oxide Fuel Cell (SOFC) Product Portfolio
7.14.3 Elcogen Solid Oxide Fuel Cell (SOFC) Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Elcogen Main Business and Markets Served
7.14.5 Elcogen Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solid Oxide Fuel Cell (SOFC) Industry Chain Analysis
8.2 Solid Oxide Fuel Cell (SOFC) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solid Oxide Fuel Cell (SOFC) Production Mode & Process
8.4 Solid Oxide Fuel Cell (SOFC) Sales and Marketing
8.4.1 Solid Oxide Fuel Cell (SOFC) Sales Channels
8.4.2 Solid Oxide Fuel Cell (SOFC) Distributors
8.5 Solid Oxide Fuel Cell (SOFC) Customers
9 Solid Oxide Fuel Cell (SOFC) Market Dynamics
9.1 Solid Oxide Fuel Cell (SOFC) Industry Trends
9.2 Solid Oxide Fuel Cell (SOFC) Market Drivers
9.3 Solid Oxide Fuel Cell (SOFC) Market Challenges
9.4 Solid Oxide Fuel Cell (SOFC) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Bloom Energy
Siemens Energy
Aisin Seiki
Mitsubishi Heavy Industries
Delphi
GE
Convion
FuelCell Energy
Atrex Energy, Inc
SOLIDpower
ZTEK
Redox Power Systems
Ceres
Elcogen
听
听
*If Applicable.