Solid Oxide Fuel Cell Market Size, Share, Growth Opportunity & Global Forecast to 2028

Planar solid oxide fuel cell (SOFC) is a flat, thin ceramic plate that converts the chemical energy of a fuel into electricity with least amount emissions.

It offers a clean, low-pollution technology to electrochemically generate electricity at high efficiencies, since their efficiencies are not limited by the Carnot cycle of a heat engine.

These fuel cell technologies have many advantages over traditional energy conversion systems including high efficiency, consistency, modularity, fuel compliance, and very low levels of NOx and SOx emissions.

Japan is leading in the region with vast applications of fuel cells, ranging from backup services for data centers, combined heat and power for homes, and many more.

China has also witnessed a rise in its hyper-scale platforms, owing to which providing data center services for Chinese hyper-scale platforms have become necessary.

Request a Sample of Planar Solid Oxide Fuel Cell Market research @ https://www.strategymrc.com/report/planar-solid-oxide-fuel-cell-market/request-sample Some of the key players in Planar Solid Oxide Fuel Cell Market include Accumentrics Corporation, Bloom Energy Corporation, Fuel Cell Energy, Ceramic Fuel Cells Limited, Watt Fuel Cell Corporation, Ultra Electronics, Ceres Power Holdings PLC., Protonex Technology Corporation, Aisin Seiki Corporation Limited, Delphi, SOFC Power S.P.A., Staxera Sunfire Gmbh, Topsoe Fuel Cell, Convion Fuel Cells Ltd., Hexis AG, Ballard Power Systems Inc., and Chevron Corporation.

This report contains market size and forecasts of Solid Oxide Fuel Cell (SOFC) in global, including the following market information:Global Solid Oxide Fuel Cell (SOFC) Market Revenue, 2016-2021, 2022-2027, ($ millions)Global Solid Oxide Fuel Cell (SOFC) Market Sales, 2016-2021, 2022-2027, (K Wh)Global top five Solid Oxide Fuel Cell (SOFC) companies in 2020 (%) Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-solid-oxide-fuel-cell-2021-2027-369The global Solid Oxide Fuel Cell (SOFC) market was valued at 623.1 million in 2020 and is projected to reach US$ 1006.3 million by 2027, at a CAGR of 12.7% during the forecast period.MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Solid Oxide Fuel Cell (SOFC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.Total Market by Segment:Global Solid Oxide Fuel Cell (SOFC) Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K Wh)Global Solid Oxide Fuel Cell (SOFC) Market Segment Percentages, By Type, 2020 (%)TubularPlanarOthersGlobal Solid Oxide Fuel Cell (SOFC) Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K Wh)Global Solid Oxide Fuel Cell (SOFC) Market Segment Percentages, By Application, 2020 (%)TransportationPortable & MilitaryStationaryGlobal Solid Oxide Fuel Cell (SOFC) Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K Wh)Global Solid Oxide Fuel Cell (SOFC) Market Segment Percentages, By Region and Country, 2020 (%)North AmericaUSCanadaMexicoEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesBeneluxRest of EuropeAsiaChinaJapanSouth KoreaSoutheast AsiaIndiaRest of AsiaSouth AmericaBrazilArgentinaRest of South AmericaMiddle East & AfricaTurkeyIsraelSaudi ArabiaUAERest of Middle East & AfricaCompetitor AnalysisThe report also provides analysis of leading market participants including:Key companies Solid Oxide Fuel Cell (SOFC) revenues in global market, 2016-2021 (Estimated), ($ millions)Key companies Solid Oxide Fuel Cell (SOFC) revenues share in global market, 2020 (%)Key companies Solid Oxide Fuel Cell (SOFC) sales in global market, 2016-2021 (Estimated), (K Wh)Key companies Solid Oxide Fuel Cell (SOFC) sales share in global market, 2020 (%)Further, the report presents profiles of competitors in the market, key players include:Bloom EnergySiemens EnergyAisin SeikiMitsubishi Heavy IndustriesDelphiGEConvionFuelCell EnergyAtrex Energy, IncSOLIDpowerZTEKRedox Power SystemsCeresElcogenGet the Complete Report & TOC @ https://www.grandresearchstore.com/energy-and-natural-resources/global-solid-oxide-fuel-cell-2021-2027-369Table of content1 Introduction to Research & Analysis Reports1.1 Solid Oxide Fuel Cell (SOFC) Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Solid Oxide Fuel Cell (SOFC) Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Solid Oxide Fuel Cell (SOFC) Overall Market Size2.1 Global Solid Oxide Fuel Cell (SOFC) Market Size: 2021 VS 20272.2 Global Solid Oxide Fuel Cell (SOFC) Revenue, Prospects & Forecasts: 2016-20272.3 Global Solid Oxide Fuel Cell (SOFC) Sales (Consumption): 2016-20273 Company Landscape3.1 Top Solid Oxide Fuel Cell (SOFC) Players in Global Market3.2 Top Global Solid Oxide Fuel Cell (SOFC) Companies Ranked by Revenue3.3 Global Solid Oxide Fuel Cell (SOFC) Revenue by Companies3.4 Global Solid Oxide Fuel Cell (SOFC) Sales by Companies3.5 Global Solid Oxide Fuel Cell (SOFC) Price by Manufacturer (2016-2021)3.6 Top 3 and Top 5 Solid Oxide Fuel Cell (SOFC) Companies in Global Market, by Revenue in 20203.7 Global Manufacturers Solid Oxide Fuel Cell (SOFC) Product Type3.8 Tier 1, Tier 2 and Tier 3 Solid Oxide Fuel Cell (SOFC) Players in Global Market3.8.1 List of Global Tier 1 Solid Oxide Fuel Cell (SOFC) Companies3.8.If You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/global-solid-oxide-fuel-cell-2021-2027-369CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store

The global Solid Oxide Electrolysis Cell Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.

Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Solid Oxide Electrolysis Cell Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/solid-oxide-electrolysis-cell-market/download-sampleMarket DynamicsOne of the key driving factors for solid oxide electrolysis cell market growth is the increasing awareness about renewable energy sources.

Growing concern over carbon emissions has prompted government bodies to allocate more funds on research and development, issue favorable policies and offer subsidies in order to support technological advancements to deal with this problem.

Increasing use of clean energy sources to power data centers is anticipated to boost SOEC market.

However, high initial expenditure and availability of substitutes will impede solid oxide electrolysis cell market growth to some extent.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.

COVID-19 Impact Analysis on Solid Oxide Fuel Cell Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2019-2027.

The report encompasses data regarding market share and recent developments by key players.

Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the Solid Oxide Fuel Cell Market include  Bloom Energy Corp., DuPont de Nemours, Inc., Sunfire GmbH, Mitsubishi Hitachi Power Systems, Ltd., Sunfire GmbH, Elcogen AS, Ceres Power Holdings plc, Elcogen AS..

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Solid Oxide Fuel Cell Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/solid-oxide-fuel-cell-market/download-sampleMarket SegmentationThe broad Solid Oxide Fuel Cell Market has been sub-grouped into the Type, Application, End-User and Region.

The report studies these subsets with respect to the geographical segmentation.

Global Solid Oxide Fuel Cell Market was valued US$600 Mn in 2017 and is expected to reach US$1,150 Mn by 2026 at a CAGR of about 9.5 %.

The reported segment of Global Solid Oxide Fuel Cell Market based on type, application, end user and region.

Renewable and cost-effective solution over the traditional energy source is the factor to boost the demand for a planar solid oxide fuel cell.

Government subventions for a fuel cell in developed economies such as North America, Japan, and Europe alongside with growing demand for efficient power generation are the driving factor for growth in the planar solid oxide fuel cell market.

The increasing costs of compounds and commercialization are swelling complexity in the formation of a substructure of solid oxide fuel cells will restrain the growth of the market.

Planar solid oxide fuel cell is widely used in commanding power module owing to it offers efficient flexibility.

Several end-use industries, such as chemical, power generation, and automotive, are increasingly using planar solid oxide fuel cells (SOFCs) due to the various advantages offered by such cells, such as fuel adaptability, high efficiency, and low sulfur oxide (SOx) and nitrogen oxide (NOx) emissions.

The increasing adoption of these cells can be attributed to the surging enactment of stringent regulations in Germany, Japan, and the U.S. to curtail the generation of harmful emissions from such end-use industries.

Additionally, these emission norms also aim to reduce the dependency of such countries on fossil fuels.Moreover, the rapid development of alternative power generation technologies is expected to fuel the planar solid oxide fuel cell market at a CAGR of 11.4% during 2016–2022.

The market was valued at $379.9 million in 2015 and it is projected to reach $804.9 million by 2022.

Governments across the world are concerned about the depletion of non-renewable resources.

To overcome this challenge, countries such as Germany, China, Japan, South Korea, and the U.S. are focusing on the development of planar SOFC technology by undertaking numerous research activities.Additionally, the widening application base of SOFCs in the oil and gas industry will fuel the production of such products in the coming years.