Growth of Solid Oxide Fuel Cell (SOFC) Market is Estimated to Grow Incredible CAGR till 2022 | Bloom Energy, Siemens Energy, Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp

BusinessIndustryReports have new report on “Global Solid Oxide Fuel Cell (SOFC) Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better market. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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With the slowdown in world economic growth, the Solid Oxide Fuel Cell (SOFC) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Solid Oxide Fuel Cell (SOFC) market size to maintain the average annual growth rate of 13.77% from 275 million $ in 2014 to 405 million $ in 2017, market analysts believe that in the next few years, Solid Oxide Fuel Cell (SOFC) market size will be further expanded, we expect that by 2022, The market size of the Solid Oxide Fuel Cell (SOFC) will reach 760 million $. 

By application, the power generation segment was the largest segment by market share for the solid oxide fuel cell market in 2016 and is projected to dominate the solid oxide fuel cell market during the forecast period. The growth of the power generation segment is primarily driven by the increasing demand for efficient power generation by the commercial and retail end-use segments as well as data centres and telecom towers. Solid oxide fuel cells have an efficiency of as high as 67% as compared to other technologies, such as reciprocating engines which have an efficiency of less than 30%. The government subsidies and incentives given for fuel cell installations in the US and Japan are also driving the growth of the power generation segment.

Furthermore, the soaring capital & operational costs and underutilization of various facilities for the development of solid oxide fuel cell electric vehicle market are likely to result in high investment risks. High capital costs are directly related to the compression and storage of hydrogen. Therefore, highly pressurized hydrogen storage requires costly compressors. This is likely to pose a threat to market participants over the forecast period.

Key Players:

1 Bloom Energy

2 Siemens Energy

3 Aisin Seiki

4 Mitsubishi Heavy Industries

5 Delphi Corp

6 GE

7 Convion and more.....

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Segments and sub-segments of the Global Solid Oxide Fuel Cell (SOFC) Market by:

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Tubular

2 Planar

Industry Segmentation:

1 Transportation

2 Portable & Military

3 Stationary

Key questions answered in the report include

1 What are the key factors driving the Solid Oxide Fuel Cell (SOFC) market?

2 What are the key market trends impacting the growth of the global Solid Oxide Fuel Cell (SOFC) market?

3 What are the challenges to Solid Oxide Fuel Cell (SOFC) market growth?

4 Who are the key vendors in the global Solid Oxide Fuel Cell (SOFC) market?

5 What are the market opportunities and threats faced by the vendors in the global Solid Oxide Fuel Cell (SOFC) market?

6 What are the key outcomes of the five forces analysis of the global Solid Oxide Fuel Cell (SOFC) market?

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Table of Content:

1 Solid Oxide Fuel Cell (SOFC) Product Definition

2 Global Solid Oxide Fuel Cell (SOFC) Manufacturer Share and Market Overview

3 Manufacturer Solid Oxide Fuel Cell (SOFC) Business Introduction

4 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Region Level)

5 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Product Type Level)

6 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Industry Level)

7 Global Solid Oxide Fuel Cell (SOFC) Market Segmentation (Channel Level)

8 Solid Oxide Fuel Cell (SOFC) Market Forecast 2018-2022

9 Solid Oxide Fuel Cell (SOFC) Segmentation Product Type

10 Solid Oxide Fuel Cell (SOFC) Segmentation Industry

11 Solid Oxide Fuel Cell (SOFC) Cost of Production Analysis

12 Conclusion

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