Press release
Growth of SOEC Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
A solid oxide electrolyzer cell (SOEC) is a solid oxide fuel cell that runs in regenerative mode to achieve the electrolysis of water (and/or carbon dioxide) by using a solid oxide, or ceramic, electrolyte to produce hydrogen gas (and/or carbon monoxide) and oxygen. The production of pure hydrogen is compelling because it is a clean fuel that can be stored, making it a potential alternative to batteries, methane, and other energy sources (see hydrogen economy). Electrolysis is currently the most promising method of hydrogen production from water due to high efficiency of conversion and relatively low required energy input when compared to thermochemical and photocatalytic methods.
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https://www.qyresearch.com/reports/2706747/soec
According to the new market research report "SOEC - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global SOEC market size is projected to reach USD 1.74 billion by 2030, at a CAGR of 6.0% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of SOEC include Sunfire GmbH, Topsoe, Bloom Energy, OxEon Energy, FuelCell Energy, Ceres, Egen Energy, , , , etc. In 2023, the global top five players had a share approximately 5.0% in terms of revenue.
Market Drivers:
D1: The political effort to increase hydrogen production includes supporting research and innovation projects, scaling up and decarbonizing existing hydrogen production facilities, expanding logistics infrastructure, and establishing larger-scale storage facilities. Europe is expected to achieve climate neutrality in 2050, which is why a continent-wide hydrogen network is planned. The SOEC system is the central element in which water is split into hydrogen and oxygen using electricity.
D2: Economies align their policies to favour efficient energy conversion technologies like SOECs in order to fulfil their net-zero targets.
D3: Additionally, increasing adaptivity by end-users like data centers, military and defense, provide ample opportunities for leading companies to invest in SOEC, thereby, driving the growth of SOEC in the forecast period.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The SOEC market is segmented as below:
By Company
Sunfire GmbH
Topsoe
OxEon Energy
Ceres
Elcogen
FuelCell Energy
Egen Energy
Segment by Type
Oxygen Ion Conducting
Proton Conducting
Segment by Application
Chemicals and Refineries
Power Plants
Steel Plant
Others
Each chapter of the report provides detailed information for readers to further understand the SOEC market:
Chapter 1: Introduces the report scope of the SOEC report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of SOEC manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various SOEC market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of SOEC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of SOEC in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth SOEC competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides SOEC comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides SOEC market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global SOEC Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global SOEC Market Insights, Forecast to 2030
SOEC - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global SOEC Market Research Report 2024
Global SOFC and SOEC Market Insights, Forecast to 2030
Global and Japan SOFC and SOEC Market Report & Forecast 2024-2030
SOFC and SOEC- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global SOFC and SOEC Market Research Report 2024
SOFC and SOEC - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global SOFC and SOEC Market Research Report 2023
Global and Japan Solid Oxide Electrolyzer Cell (SOEC) Market Report & Forecast 2024-2030
Solid Oxide Electrolyzer Cell (SOEC)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Solid Oxide Electrolyzer Cell (SOEC) Market Research Report 2024
Global Solid Oxide Electrolysis Cell (SOEC) Market Insights, Forecast to 2030
Global Solid Oxide Electrolyzer Cell (SOEC) Market Insights, Forecast to 2030
Solid Oxide Electrolysis Cell (SOEC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Solid Oxide Electrolysis Cell (SOEC) Market Research Report 2024
Solid Oxide Electrolyzer Cell (SOEC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Solid Oxide Electrolysis Cell (SOEC) Technology Market Research Report 2024
Global and United States Solid Oxide Electrolysis Cell (SOEC) Technology Market Report & Forecast 2024-2030
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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