Global solid oxide fuel cell market is estimated to reach $ 407.53 million by 2017, with a projected CAGR of 13%

This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market

Pune, India - March 6, 2018 /MarketersMedia/ —

The global solid oxide fuel cell market is estimated to reach $ 407.53 million by 2017, with a projected CAGR of 13%, signifying an increase in demand for a clean and emission free power source that is fuel cells.

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.

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Companies profiled in this report are Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, Ge, Convion, Fuelcell Energy, Atrex Energy, Inc, Solidpower, Ztek Corporation, Redox Power Systems, Ceres, Elcogen and more.

Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Tubular
• Planar
• Others

Analysis by Applications, this report focuses on consumption, market share and growth rate of Solid Oxide Fuel Cell (SOFC) in each application, can be divided into
• Transportation
• Portable & Military
• Stationary

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Table of Contents:
1 Solid Oxide Fuel Cell (SOFC) Market Overview
2 Global Solid Oxide Fuel Cell (SOFC) Market Competition by Manufacturers/Brand
3 Global Solid Oxide Fuel Cell (SOFC) Sales (Unit), Revenue (Million USD) by Regions (2013-2018)
4 Global Solid Oxide Fuel Cell (SOFC) Sales, Revenue, Price Trend by Types
5 Global Solid Oxide Fuel Cell (SOFC) Market Analysis by Applications
6 Global Solid Oxide Fuel Cell (SOFC) Manufacturers Profiles/Analysis
7 Solid Oxide Fuel Cell (SOFC) Manufacturing Cost Analysis
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
9 Marketing Strategy Analysis, Distributors and Market Effect Factors
10 Market Effect Factors Analysis
11 Global Solid Oxide Fuel Cell (SOFC) Market Forecast (2018-2025)
12 Research Findings and Conclusion
13 Methodology and Data Source

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Release ID: 308818