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Research focused on the CAGR 13.88% solid oxide fuel cell market $403.4 million in 2017 to $1,140.6 million by 2025

Energy Market Research

Solid Oxide Fuel Cell Market research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global solid oxide fuel cell market.Solid Oxide Fuel Cell Market Opportunities such as Rising Distributed Power Generation in the US & Asia Pacific, Increasing Adoption By End-Users in Data Centers and the Military Sector, Development of Hybrid-SOFC Technologies.

The solid oxide fuel cell market is estimated to be USD 403.4 million in 2017 and is projected to reach USD 1,140.6 million by 2025, solid oxide fuel cell market at a CAGR of 13.88%, from 2017 to 2025.

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The market in North America is currently the largest market for solid oxide fuel cells followed by the market in Asia Pacific. High demand for the power generation segment for data centers and commercial and retail end-use is driving the market for solid oxide fuel cells in North America.

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Government subsidies and fuel cell programs in the US, Japan, and Europe is the major driving factor for the growth of the solid oxide fuel cell market.

High capital cost, requirement, and competition from other fuel cell technologies, such as PEMFC can hinder the growth of the solid oxide fuel cell market.

Based on application, the solid oxide fuel cell Market is segmented into power generation, combined heat and power, military, and others.

The application segment has been further sub-segmented by end-use. The power generation segment has been sub-segmented into data centers, commercial and retail, and telecom.

The target audience of this report includes:

  • Solid oxide fuel cell manufacturers, dealers, and suppliers
  • Government and research organizations
  • Transmission and distribution utilities
  • State and national regulatory authorities
  • Consulting companies in the energy and power sector
  • Environmental research institutes
  • Investment firms 

 “Solid Oxide Fuel Cell Market” spread across 133 pages, profiling 15 companies and supported with 88 tables and 28 figures is now available at…ount?rname=175967  

The solid oxide fuel cell ecosystem comprises equipment manufacturers such as Bloom Energy (US), Aisin Seiki (Japan), SOLIDpower (Italy), Sunfire (Germany), UnderSea Sensor Systems (US), Atrex Energy (US), WATT Fuel Cell (US), Hexis (Switzerland), and Convion (Finland). 

Some Fundamental point from Table of Content 

Solid Oxide Fuel Cell Market, By Type

Solid Oxide Fuel Cell Market, By Application
Power Generation
Combined Heat & Power

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