Press release
Global Solid Oxide Electrolysis Cell (SOEC) Market Size & Trends
According to a new market research report published by Global Market Estimates, the global solid oxide electrolysis cell (SOEC) market is projected to grow at a CAGR of 25.5% from 2023 to 2028.Rising emphasis by governments of developed markets, such as the United States and Europe, on reducing emissions and their inclination toward a technological shift to support or, to some extent, even replace ageing electric grids, is expected to boost market in the forecast period.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Solid Oxide Electrolysis Cell (SOEC) Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/solid-oxide-electrolysis-cell-soec-market-4084
By Product Type (Planar SOECs and Tubular SOECs), By Application (Hydrogen Production, Industrial Processes, and Others), By End User (Power Plants, Refineries, Chemical Industry, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the product type outlook, the planar SOECs segment is expected to be the largest segment in the global solid oxide electrolysis cell (SOEC) market from 2023 to 2028
• As per the application outlook, hydrogen production is expected to be the largest segment in the global solid oxide electrolysis cell (SOEC) market from 2023 to 2028
• North America is analyzed to be the fastest-growing region in the market over the forecast period
• Asia Pacific is expected to hold largest share in the market during the forecast period from 2023-2028
• Sunfire GmbH, Siemens Energy, ITM Power, Ceres Power, Elcogen, Kyocera Corporation, NextCell, FuelCell Energy, Bloom Energy, and Hexis AG, among others are some of the key players in the global solid oxide electrolysis cell (SOEC) market
Product Type Outlook (Revenue, USD Billion, 2023-2028)
• Planar SOECs
• Tubular SOECs
Application Outlook (Revenue, USD Billion, 2023-2028)
• Hydrogen Production
• Industrial Processes
• Others
End User Outlook (Revenue, USD Billion, 2023-2028)
• Power Plants
• Refineries
• Chemical Industry
• Others
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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