Discover the Global Solid Oxide Fuel Cell Market to grow at a CAGR of 9.78% during the period 2016-2020

" Global Solid Oxide Fuel Cell Market 2016-2020 "is the latest addition to MRR.Biz industry research reports collection.

About SOFC

An SOFC is a fuel cell that produces electricity through an electrochemical process. SOFCs offer low emissions, long-term stability, high efficiency, and fuel flexibility. The excellent fuel flexibility of the devices permit the use of safe, cheap, and readily available fuels such as hydrocarbons, natural gas, hydrogen, methanol, and syngas. SOFCs, however, require a high operating temperature, usually within the range of 500C-1,000C for the activation of the electrolyte. These high operating temperatures lead to mechanical and chemical compatibility issues and result in longer start-up times.

Technavios analysts forecast the global SOFC market to grow at a CAGR of 9.78% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global SOFC market for 2015-2020. To calculate the market size, the report considers the revenue generated from the installation of SOFC while shipment is based upon the total MW shipped.

The market is divided into the following segments based on geography:

  • APAC

  • EMEA

  • Americas

Technavio's report, Global SOFC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Acumentrics

  • Aisin

  • Bloom Energy

  • FuelCell Energy

  • Protonex

  • Redox Power systems.

Other prominent vendors

  • Ceramic Fuel Cells

  • Ceres Power Holdings

  • Delphi

  • GE

  • Kyocera

  • LG Fuel Cell Systems

  • Mitsubishi Heavy Industries

  • Panasonic

  • Toshiba

  • Ultra Electronics AMI

Market driver

Advances in technology

For a full, detailed list, view our report

Market challenge

Competition from alternative technologies

For a full, detailed list, view our report

Market trend

Reduction in cost

For a full, detailed list, view our report 


Categories: Marketing, Energy