Press release
Growth of SOFC Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
The Solid Oxide Fuel Cell (SOFC) is an all-solid chemical power generation device that directly converts the chemical energy stored in the fuel and oxidizer into electrical energy at medium and high temperature in an efficient and environmentally friendly manner. The SOFC is a type of fuel cell, which is characterized by the use of solid oxide materials as the electrolyte. SOFC uses a solid oxide electrolyte to conduct negative oxygen ions from the cathode to the anode.
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https://www.qyresearch.com/reports/2680384/sofc
According to the new market research report "SOFC- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global SOFC market size is projected to reach USD 10.43 billion by 2030, at a CAGR of 28.9% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of SOFC include Bloom Energy, Aisin Seiki, Mitsubishi Power, Ceres, SolydEra, Upstart Power, Egen Energy, Special Power Sources (SPS), Convion, Redox Power Systems, etc. In 2023, the global top 10 players had a share approximately 94.0% in terms of revenue.
Market Drivers:
D1: Favorable government regulations and their ability to cut down emission rates and use domestic sources of energy such as natural gas are some of the key factors likely to boost the market over the next eight years. Furthermore, the rising emphasis of the regional governments of mature economies such as the U.S. and Europe on reducing emissions and their inclination toward a technological shift to support or, to some extent, even replace the aging electric grids is likely to drive the market over the forecast period.
D2: Economies align their policies to favour efficient energy conversion technologies like SOFC in order to fulfil their low carbon targets.
D3: Additionally, increasing adaptivity by end-users like data centers, military and defense, provide ample opportunities for leading companies to invest in SOFC and SOEC, thereby, driving the growth of SOFC 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 SOFC market is segmented as below:
By Company
Bloom Energy
Aisin Seiki
Mitsubishi Power
Ceres
SolydEra
Upstart Power
Convion
Special Power Sources (SPS)
Egen Energy
Redox Power Systems
ZTEK Corporation
OxEon Energy
Segment by Type
Planar
Tubular
Others
Segment by Application
Transportation
Stationary
Portable & Military
Each chapter of the report provides detailed information for readers to further understand the SOFC market:
Chapter 1: Introduces the report scope of the SOFC 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 SOFC 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 SOFC 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 SOFC 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 SOFC 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 SOFC 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 SOFC 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 SOFC 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:
SOFC- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global SOFC Market Research Report 2024
Global SOFC Market Insights, Forecast to 2030
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 SOFC Stack Seals Market Research Report 2024
SOFC Stack Seals - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global SOFC Test Equipment Market Insights, Forecast to 2030
Global SOFC Test Equipment Market Research Report 2024
Global Nickel Oxide for SOFC Anode Market Research Report 2024
Nickel Oxide for SOFC Anode- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global and United States Nickel Oxide for SOFC Anode Market Report & Forecast 2024-2030
Global Nickel Oxide for SOFC Anode Market Insights, Forecast to 2030
Global Solid Oxide Fuel Cell (SOFC) Industry Research Report, Growth Trends and Competitive Analysis 2024-2030
Global Solid Oxide Fuel Cell (SOFC) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global Solid Oxide Fuel Cell (SOFC) Market Insights, Forecast to 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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