Global Solid Oxide Fuel Cell Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2025

Report ID: BMRC 2391 | Number of pages: 193 | Publish Date: Jan 2020 | Publisher: BMRC | Category: Energy and Mining
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Solid Oxide Fuel Cell Market Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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.

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.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for SOFC. This report studies the global market size of SOFC, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the SOFC production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:

    Bloom Energy
    FuelCell Energy
    Aisin Seiki
    Siemens Energy
    Protonex
    LG Fuel Cell Systems
    Acumentrics
    Delphi Corp
    ZTEK Corporation
    Redox Power Systems

Market Segment by Product Type

    Planar
    Tubular
    Other

Market Segment by Application

    Stationary
    Transportation
    Portable & Military

In this study, the years considered to estimate the market size of SOFC are as follows:

    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025

The analysis provides an exhaustive investigation of the global Solid Oxide Fuel Cell market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Solid Oxide Fuel Cell market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Solid Oxide Fuel Cell market. This is done with an aim of helping companies in strategizing their decisions in a better way and finally attains their business goals.



The study objectives are:

    To analyze and research the SOFC status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
    To present the key SOFC manufacturers, presenting the sales, revenue, market share, and recent development for key players.
    To split the breakdown data by regions, type, companies and applications
    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
    To identify significant trends, drivers, influence factors in global and regions
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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Table of Content

Chapter 1 Global Solid Oxide Fuel Cell Market: Summary and Quantitative Analysis 
1.1 Report Description 
1.2 Global Solid Oxide Fuel Cell Market Revenue Overview 
1.3 Global Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025 

Chapter 2 Global Solid Oxide Fuel Cell Market: Overview and Qualitative Analysis 
2.1 Executive Summary 
2.2 Market Drivers 
2.3 Market Restraints 
2.4 Market Opportunities 
2.5 Market Trends 
2.6 Global Solid Oxide Fuel Cell Market: SWOT Analysis 
2.7 Global Solid Oxide Fuel Cell Market: PEST Analysis 
2.7 Global Solid Oxide Fuel Cell Market: Porter’s Five Forces Analysis 
2.8 Global Solid Oxide Fuel Cell Market: Attractiveness Analysis 
2.8.1 Global Solid Oxide Fuel Cell Market: Attractiveness Analysis by Type 
2.8.2 Global Solid Oxide Fuel Cell Market: Attractiveness Analysis by Grade 
2.8.3 Global Solid Oxide Fuel Cell Market: Attractiveness Analysis by Regional 

Chapter 3 Competitive Analysis 
3.1 Global Solid Oxide Fuel Cell Market 
3.1.1 Global Solid Oxide Fuel Cell market Revenue (USD Billion), By Players 2018 
3.1.2 Global Solid Oxide Fuel Cell Market Revenue Share (%), By Players 2018 

Chapter 5 Global Solid Oxide Fuel Cell Market: By Product Type 
5.1 Global Solid Oxide Fuel Cell Market Share (%), By Product Type, 2018 
5.2 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Product Type, 2015 – 2025 
5.3 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Retro,2015-2025 
5.4 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Standing/Self-Balancing, 2015-2025 
5.4 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Folding, 2015-2025 
5.5 Global Solid Oxide Fuel Cell Market Revenue Share (%), By Product Type, 2015 – 2025 
5.6 Global Solid Oxide Fuel Cell Market Revenue Market Share (%), By Product Type, 2015-2025 

Chapter 6 Global Solid Oxide Fuel Cell Market: By Product Type 
6.1 Global Solid Oxide Fuel Cell Market Share (%), By Product Type, 2018 
6.2 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Type, 2015 – 2025 

Chapter 7 North America Solid Oxide Fuel Cell Market Analysis 
7.1 North America Market Snapshot 
7.1.1 North America Solid Oxide Fuel Cell Market Revenue and Growth Rate (%), 2015-2025. 
7.1.2 North America Solid Oxide Fuel Cell Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
7.1.3 North America Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
7.1.5 North America Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
7.1.6 North America Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Product Type , 2015-2025 

Chapter 8 Europe Solid Oxide Fuel Cell Market Analysis 
8.1 Europe Market Snapshot 
8.1.1 Europe Solid Oxide Fuel Cell Market Revenue and Growth Rate (%), 2015-2025. 
8.1.2 Europe Solid Oxide Fuel Cell Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
8.1.3 Europe Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
8.1.5 Europe Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
8.1.6 Europe Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 9 Asia Pacific Solid Oxide Fuel Cell Market Analysis 
9.1 Asia Pacific Market Snapshot 
9.1.1 Asia Pacific Solid Oxide Fuel Cell Market Revenue and Growth Rate (%), 2015-2025. 
9.1.2 Asia Pacific Solid Oxide Fuel Cell Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
9.1.3 Asia Pacific Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
9.1.5 Asia Pacific Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
9.1.6 Asia Pacific Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 10 Latin America Solid Oxide Fuel Cell Market Analysis 
10.1 Latin America Market Snapshot 
10.1.1 Latin America Solid Oxide Fuel Cell Market Revenue and Growth Rate (%), 2015-2025. 
10.1.2 Latin America Solid Oxide Fuel Cell Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
10.1.3 Latin America Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
10.1.5 Latin America Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
10.1.6 Latin America Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 11 Middle East & Africa Solid Oxide Fuel Cell Market Analysis 
11.1 Middle East & Africa Market Snapshot 
11.1.1 Middle East & Africa Solid Oxide Fuel Cell Market Revenue and Growth Rate (%), 2015-2025. 
11.1.2 Middle East & Africa Solid Oxide Fuel Cell Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
11.1.3 Middle East & Africa Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 

11.1.5 Middle East & Africa Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
11.1.6 Middle East & Africa Solid Oxide Fuel Cell  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 12 Competitive Analysis 
12.1 Company 1.
12.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 
12.1.2 Company 1. Total Company Revenue 2015-2018 
12.1.3 Company 1. Total Company Revenue, By Segment of Business 2015-2018 
12.1.4 Company 1. Total Company Revenue, By Region 2015-2018 
12.1.5 Company 1. Global Solid Oxide Fuel Cell Product Category and Description 
12.1.6 Company 1. Recent Activity 2015-2019 
12.1.7 Main Business/Business Overview 
12.1.8 Business Strategy 
12.1.9 SWOT Analysis 
12.2 Company 2. 
12.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 
12.2.2 Company 2. Total Company Revenue 2015-2018 
12.2.3 Company 2. Total Company Revenue, By Segment of Business 2015-2018 
12.2.4 Company 2. Total Company Revenue, By Region 2015-2018 
12.2.5 Company 2. Global Solid Oxide Fuel Cell Product Category and Description 
12.2.6 Company 2. Recent Activity 2015-2019 
12.2.7 Main Business/Business Overview 
12.2.8 Business Strategy
12.2.9 SWOT Analysis 
12.3 Company 3 
12.3.1 Business Overview 
12.3.2 Company 3Market Product Category and Description & Specification 
12.3.3 Main Business/Business Overview 
12.3.4 Business Strategy 
12.3.5 SWOT Analysis 
12.4 Company 4. 
12.4.1 Business Overview 
12.4.2 Company 4.Company Total Company Revenue 2015-2018
12.4.3 Company 4.Company Total Company Revenue, By Segment of Business 2015-2018 
12.4.4 Company 4.Company Total Company Revenue, By Region of Business 2015-2018 
12.4.5 Company 4.Company Product Category, Specification and Description 
12.4.6 Company 4.Company Recent Mergers & Acquisitions (M&A) Activity 2015-2019 
12.4.7 Company 4.Company Main Business/Business Overview 
12.4.8 Business Strategy 
12.4.9 SWOT Analysis 
12.5 Company 5 
12.5.1 Business Overview 
12.5.2 Company 5 Company Net Sales 2015-2018 
12.5.3 Company 5 Company Net Sales, By Segment of Business 2011-2018 
12.5.4 Company 5 Company Net Sales, By Region 2015-2018 
12.5.5 Company 5  Solid Oxide Fuel Cell Market Product Category and Specification 
12.5.6 Company 5 Recent Mergers & Acquisitions (M&A) Activity 2015-2019 
12.5.7 Company 5 Main Business/Business Overview 
12.5.8 Business Strategy 
12.5.9 SWOT Analysis 
12.6 Company 6 
12.6.1 Business Overview 
12.6.2 Company 6 Solid Oxide Fuel Cell Market Product Category and Specification 
12.6.3 Company 6 Recent Mergers & Acquisitions (M&A) Activity 2015-2019 
12.6.4 Company 6 Main Business/Business Overview 
12.6.5 Business Strategy 
12.6.6 SWOT Analysis 

Chapter 13 Market Research  Findings & Conclusion 

Chapter 14 Research Methodology 
14.1 Research Process 
14.2 Primary Research 
14.3 Secondary Research 
14.4 Market Size Estimates 
14.5 Forecast Model 
14.7 Who is This Report For? 
14.8 USP’s of Report 
 
List of Figures 

FIG. 1 Global Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015- 2025 
FIG. 4 Global Solid Oxide Fuel Cell Market: Attractiveness Analysis By Product Type 
FIG. 5 Global Solid Oxide Fuel Cell Market: Attractiveness Analysis By Type 
FIG. 6 Global Solid Oxide Fuel Cell  Market: Attractiveness Analysis by Regional 
FIG. 7 Global Solid Oxide Fuel Cell Market 
FIG. 8 Global Solid Oxide Fuel Cell Market Share (%), By Product Type, 2018 
FIG. 9 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Application, 2015-2025 
FIG. 10 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By End Use , 2015-2025 
FIG. 10 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Type, 2015-2025
FIG. 11 Global Solid Oxide Fuel Cell Market Revenue Market Share (%), By Product Type, 2015-2025 
FIG. 20 North America Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 21 North America Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 22 Europe Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 23 Europe Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 24 Asia Pacific Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 25 Asia Pacific Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 26 Latin America Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 27 Latin America Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 28 Middle East & Africa Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 29 Middle East & Africa Solid Oxide Fuel Cell Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 30 Company 1. Total Company Revenue 2015-2018 (USD Million, R & D Expenses %) 
FIG. 31 Company 1. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 32 Company 1. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %) 
FIG. 33 Company 2. Total Company Revenue 2015-2018 (USD Million) 
FIG. 34 Company 2. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 35 Company 2. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %) 119
FIG. 36 Company 3 Total Company Revenue 2015-2018 (USD Million) 
FIG. 37 Company 3 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 38 Company 3 Total Company Revenue, by Region of Business 2015-2018 (USD Million, AGR %) 
FIG. 39 Company 4. Company Net Sales 2015-2018 (USD Million, R & D Expenses %) 
FIG. 40 Company 4. Company Net Sales, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 41 Company 4. Company Net Sales, by Region 2015-2018 (USD Million, AGR %) 
FIG. 42 Company 5 Total Company Revenue 2015-2018 (USD Million, R & D Expenses %) 
FIG. 43 Company 5 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 44 Primary Research 
FIG. 45 Sources of Secondary Research 
FIG. 46 Forecast Model 

List of Tables

TABLE 1 Global Solid Oxide Fuel Cell Market Overview 
TABLE 2 Market Driver Impact Analysis 
TABLE 3 Market Restraints Impact Analysis 
TABLE 4 Global Solid Oxide Fuel Cell market Revenue (USD Billion), By Players2018 
TABLE 5 Global Solid Oxide Fuel Cell market Revenue Market share (%), By Players- 2018 
TABLE 6 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Product Type, 2015 - 2025 
TABLE 7 Global Solid Oxide Fuel Cell Market Revenue Share (%), By Product Type, 2015 - 2025 
TABLE 8 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), By Product Type, 2015 - 2025 
TABLE 9 Global Solid Oxide Fuel Cell Market Revenue Share (%), By Product Type, 2015 - 2025 
TABLE 10 Global Solid Oxide Fuel Cell Market Revenue (USD Billion), 2015 - 2025 
TABLE 11 Global Solid Oxide Fuel Cell Market Revenue Share (%), By , 2015 - 2025 
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