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Planar Solid Oxide Fuel Cell Market Size, Share, Development, Growth and Demand Analysis Forecast to 2022

08-09-2018 06:15 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Planar Solid Oxide Fuel Cell Market Size, Share, Development,

As per the research, the global planar solid oxide fuel cell market is likely to grow from $379.9 million in 2015 to $804.9 million by 2022. With the increasing need for high electrical efficiency, growing utilization of biomass, and rising applications in the military, transportation and small stationary sectors, the global market for planar solid oxide fuel cell is expected to witness a robust pace during the forecast period.

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As per the findings of research, the stationary was the largest application segment of planar solid oxide fuel cell. Based on component, planar cells generated the largest revenue in global planer solid oxide fuel cell market.

Geographically, Asia-Pacific was the largest market for planar solid oxide fuel cell, where Japan was the largest contributor to the regional market. U.S. was the major market for planar solid oxide fuel cell in North America, whereas in Europe, Germany generated the highest revenue. Rest of the World (RoW) includes Latin American and Middle East and African countries. Brazil was the largest market for planar solid oxide fuel cell in the RoW.

The growth of global planar solid oxide fuel cell market is affected by elongated operational start-up time and high investment and operational cost, which is expected to have a negative impact on the planar solid oxide fuel cell in the short-term; however, the developments and technological advancements are expected to offset the impact of such factors with having a moderate impact in long term.

Read summary of report here : https://www.psmarketresearch.com/market-analysis/planar-solid-oxide-fuel-cell-market

Some of the key players in the global market for planar solid oxide fuel cell include FuelCell Energy, Inc., Aisin Seiki Co., Ltd., Ultra Electronics Holdings plc, Ceres Power Holdings plc, Ballard Power Systems Inc., SOLIDpower S.p.a, Convion Ltd., Delphi Automotive PLC., and Chevron Corporation.

GLOBAL PLANAR SOLID OXIDE FUEL CELL MARKET SEGMENTATION

By Component

Planar cells
Separator plates
Manifolds
Seals
Others

By Application

Stationary
Portable
Transportation

By Region

Asia-Pacific
Japan
South Korea
China
India
Rest of Asia-Pacific
North America
U.S.
Canada
Rest of North America
Europe
Germany
France
Italy
Spain
U.K.
Rest of Europe
Rest of the World (R0W)
Brazil
South Africa
Rest of RoW

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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