A Solid Oxide Fuel Cell (SOFC) system is an electrochemical device that converts chemical energy from fuel into electricity through an electrochemical reaction. SOFCs operate at high temperatures, typically between 500掳C and 1000掳C (932掳F - 1832掳F), allowing them to efficiently convert a variety of fuels into electricity with high efficiency and low emissions. These systems are considered a promising technology for clean and efficient power generation in various applications, including stationary power generation, transportation, and portable power systems.
The global Solid Oxide Fuel Cell (SOFC) Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Solid Oxide Fuel Cell (SOFC) Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Solid Oxide Fuel Cell (SOFC) Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Solid Oxide Fuel Cell (SOFC) Systems include Toshiba, Siemens, POSCO ENERGY, Bloom Energy, Cummins, FuelCell Energy, Plug Power, Doosan and Altergy, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Solid Oxide Fuel Cell (SOFC) Systems, 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) Systems.
Report Scope
The Solid Oxide Fuel Cell (SOFC) Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solid Oxide Fuel Cell (SOFC) Systems 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) Systems 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.
Market Segmentation
By Company
Toshiba
Siemens
POSCO ENERGY
Bloom Energy
Cummins
FuelCell Energy
Plug Power
Doosan
Altergy
AFC Energy
PowerCell
SolydEra
GenCell Ltd.
Aris Renewable Energy
Segment by Type
Below 10KW
10-20KW
Above 20 KW
Segment by Application
Residential
Commercial
Industrial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
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) Systems 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) Systems 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) Systems 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 main 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.
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1 Solid Oxide Fuel Cell (SOFC) Systems Market Overview
1.1 Product Definition
1.2 Solid Oxide Fuel Cell (SOFC) Systems Segment by Type
1.2.1 Global Solid Oxide Fuel Cell (SOFC) Systems Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Below 10KW
1.2.3 10-20KW
1.2.4 Above 20 KW
1.3 Solid Oxide Fuel Cell (SOFC) Systems Segment by Application
1.3.1 Global Solid Oxide Fuel Cell (SOFC) Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Solid Oxide Fuel Cell (SOFC) Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global Solid Oxide Fuel Cell (SOFC) Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Solid Oxide Fuel Cell (SOFC) Systems, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Solid Oxide Fuel Cell (SOFC) Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solid Oxide Fuel Cell (SOFC) Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Solid Oxide Fuel Cell (SOFC) Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solid Oxide Fuel Cell (SOFC) Systems, Product Offered and Application
2.8 Global Key Manufacturers of Solid Oxide Fuel Cell (SOFC) Systems, Date of Enter into This Industry
2.9 Solid Oxide Fuel Cell (SOFC) Systems Market Competitive Situation and Trends
2.9.1 Solid Oxide Fuel Cell (SOFC) Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solid Oxide Fuel Cell (SOFC) Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solid Oxide Fuel Cell (SOFC) Systems Production by Region
3.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Region (2019-2030)
3.2.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Solid Oxide Fuel Cell (SOFC) Systems by Region (2025-2030)
3.3 Global Solid Oxide Fuel Cell (SOFC) Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Region (2019-2030)
3.4.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Solid Oxide Fuel Cell (SOFC) Systems by Region (2025-2030)
3.5 Global Solid Oxide Fuel Cell (SOFC) Systems Market Price Analysis by Region (2019-2024)
3.6 Global Solid Oxide Fuel Cell (SOFC) Systems Production and Value, Year-over-Year Growth
3.6.1 North America Solid Oxide Fuel Cell (SOFC) Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Solid Oxide Fuel Cell (SOFC) Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Solid Oxide Fuel Cell (SOFC) Systems Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Solid Oxide Fuel Cell (SOFC) Systems Production Value Estimates and Forecasts (2019-2030)
4 Solid Oxide Fuel Cell (SOFC) Systems Consumption by Region
4.1 Global Solid Oxide Fuel Cell (SOFC) Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Solid Oxide Fuel Cell (SOFC) Systems Consumption by Region (2019-2030)
4.2.1 Global Solid Oxide Fuel Cell (SOFC) Systems Consumption by Region (2019-2024)
4.2.2 Global Solid Oxide Fuel Cell (SOFC) Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Solid Oxide Fuel Cell (SOFC) Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Solid Oxide Fuel Cell (SOFC) Systems Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solid Oxide Fuel Cell (SOFC) Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Solid Oxide Fuel Cell (SOFC) Systems Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Solid Oxide Fuel Cell (SOFC) Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Solid Oxide Fuel Cell (SOFC) Systems Consumption by Region (2019-2030)
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) Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Solid Oxide Fuel Cell (SOFC) Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Type (2019-2030)
5.1.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Type (2019-2024)
5.1.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Type (2025-2030)
5.1.3 Global Solid Oxide Fuel Cell (SOFC) Systems Production Market Share by Type (2019-2030)
5.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Type (2019-2030)
5.2.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Type (2019-2024)
5.2.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Type (2025-2030)
5.2.3 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value Market Share by Type (2019-2030)
5.3 Global Solid Oxide Fuel Cell (SOFC) Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Application (2019-2030)
6.1.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Application (2019-2024)
6.1.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production by Application (2025-2030)
6.1.3 Global Solid Oxide Fuel Cell (SOFC) Systems Production Market Share by Application (2019-2030)
6.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Application (2019-2030)
6.2.1 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Application (2019-2024)
6.2.2 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value by Application (2025-2030)
6.2.3 Global Solid Oxide Fuel Cell (SOFC) Systems Production Value Market Share by Application (2019-2030)
6.3 Global Solid Oxide Fuel Cell (SOFC) Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Toshiba
7.1.1 Toshiba Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.1.2 Toshiba Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.1.3 Toshiba Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Toshiba Main Business and Markets Served
7.1.5 Toshiba Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.2.2 Siemens Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.2.3 Siemens Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 POSCO ENERGY
7.3.1 POSCO ENERGY Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.3.2 POSCO ENERGY Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.3.3 POSCO ENERGY Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 POSCO ENERGY Main Business and Markets Served
7.3.5 POSCO ENERGY Recent Developments/Updates
7.4 Bloom Energy
7.4.1 Bloom Energy Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.4.2 Bloom Energy Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.4.3 Bloom Energy Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bloom Energy Main Business and Markets Served
7.4.5 Bloom Energy Recent Developments/Updates
7.5 Cummins
7.5.1 Cummins Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.5.2 Cummins Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.5.3 Cummins Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Cummins Main Business and Markets Served
7.5.5 Cummins Recent Developments/Updates
7.6 FuelCell Energy
7.6.1 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.6.2 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.6.3 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 FuelCell Energy Main Business and Markets Served
7.6.5 FuelCell Energy Recent Developments/Updates
7.7 Plug Power
7.7.1 Plug Power Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.7.2 Plug Power Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.7.3 Plug Power Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Plug Power Main Business and Markets Served
7.7.5 Plug Power Recent Developments/Updates
7.8 Doosan
7.8.1 Doosan Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.8.2 Doosan Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.8.3 Doosan Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Doosan Main Business and Markets Served
7.7.5 Doosan Recent Developments/Updates
7.9 Altergy
7.9.1 Altergy Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.9.2 Altergy Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.9.3 Altergy Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Altergy Main Business and Markets Served
7.9.5 Altergy Recent Developments/Updates
7.10 AFC Energy
7.10.1 AFC Energy Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.10.2 AFC Energy Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.10.3 AFC Energy Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.10.4 AFC Energy Main Business and Markets Served
7.10.5 AFC Energy Recent Developments/Updates
7.11 PowerCell
7.11.1 PowerCell Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.11.2 PowerCell Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.11.3 PowerCell Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.11.4 PowerCell Main Business and Markets Served
7.11.5 PowerCell Recent Developments/Updates
7.12 SolydEra
7.12.1 SolydEra Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.12.2 SolydEra Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.12.3 SolydEra Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.12.4 SolydEra Main Business and Markets Served
7.12.5 SolydEra Recent Developments/Updates
7.13 GenCell Ltd.
7.13.1 GenCell Ltd. Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.13.2 GenCell Ltd. Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.13.3 GenCell Ltd. Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.13.4 GenCell Ltd. Main Business and Markets Served
7.13.5 GenCell Ltd. Recent Developments/Updates
7.14 Aris Renewable Energy
7.14.1 Aris Renewable Energy Solid Oxide Fuel Cell (SOFC) Systems Corporation Information
7.14.2 Aris Renewable Energy Solid Oxide Fuel Cell (SOFC) Systems Product Portfolio
7.14.3 Aris Renewable Energy Solid Oxide Fuel Cell (SOFC) Systems Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Aris Renewable Energy Main Business and Markets Served
7.14.5 Aris Renewable Energy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solid Oxide Fuel Cell (SOFC) Systems Industry Chain Analysis
8.2 Solid Oxide Fuel Cell (SOFC) Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solid Oxide Fuel Cell (SOFC) Systems Production Mode & Process
8.4 Solid Oxide Fuel Cell (SOFC) Systems Sales and Marketing
8.4.1 Solid Oxide Fuel Cell (SOFC) Systems Sales Channels
8.4.2 Solid Oxide Fuel Cell (SOFC) Systems Distributors
8.5 Solid Oxide Fuel Cell (SOFC) Systems Customers
9 Solid Oxide Fuel Cell (SOFC) Systems Market Dynamics
9.1 Solid Oxide Fuel Cell (SOFC) Systems Industry Trends
9.2 Solid Oxide Fuel Cell (SOFC) Systems Market Drivers
9.3 Solid Oxide Fuel Cell (SOFC) Systems Market Challenges
9.4 Solid Oxide Fuel Cell (SOFC) Systems 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
Toshiba
Siemens
POSCO ENERGY
Bloom Energy
Cummins
FuelCell Energy
Plug Power
Doosan
Altergy
AFC Energy
PowerCell
SolydEra
GenCell Ltd.
Aris Renewable Energy
听
听
*If Applicable.