Press release
Solid Oxide Fuel Cell Market to Witness Robust Expansion by 2025 - QY Research, Inc.
This report studies the Solid Oxide Fuel Cell (SOFC) market, from angles of players, regions, product types and end industries, to analyze the status and the future.
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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The global Solid Oxide Fuel Cell (SOFC) market is valued at 2950 million USD in 2017 and is expected to reach 6320 million USD by the end of 2025, growing at a CAGR of 10.0% between 2018 and 2025.
This research report categorizes the China and global Solid Oxide Fuel Cell (SOFC) market by type, end-use industry, and region.
International Manufacturers Covered
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
China Local Manufacturers Covered
...
By Type
Tubular
Planar
Others
By Application
Transportation
Portable & Military
Stationary
By Region
United States
Europe
Japan
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About Us
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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Email ? enquiry@qyrsearch.com
Web ? www.qyresearch.com
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