Solid Oxide Fuel Cells (SOFC) Market - Global Industry Analysis 2024
Solid oxide fuel cells (SOFC) produce electricity by the use of electrochemical conversions wherein fuels including biogas, natural gas, propane hydrogen, and other hydrocarbons are oxidized directly. The global solid oxide fuel cells (SOFC) market is predicted to experience robust growth due to the increasing requirement for zero emission energy devices and alternative sources of energy. The strict regulations on emission of carbon such as Carbon Pollution Standards introduced in the U.S. by the U.S. Environmental Protection Agency (EPA) will further provide impetus to the growth of the overall market.
Browse Market Research Report @
This study presents an extensive review of the global solid oxide fuel cells (SOFC) market and elaborates on the extent of this market in different regions. The market sizing and forecast have also been presented with an extensive understanding of the factors driving and restraining the growth of this market. The prime players dominant in this market and their key contributions in the growth of the market have also been presented in detail.
Various analysis tools such as SWOT analysis and Porter’s five forces analysis have been employed in order to present an accurate understanding of the overall market. The competitive landscape section of the study provides insights into the prime players in the market. This section also presents a review on the micro and macro factors essential for the already present players and the emerging players looking to penetrate in this market.
Overview of the Solid Oxide Fuel Cells (SOFC) Market
SOFC refer to the devices that are utilized for the production of electricity by the use of electrochemical conversion. The fuel is oxidized directly within the cell in this type of device, which further makes it simpler to function and enables it to be used anywhere. The technology of SOFC is utilized in a number of areas such as military and transportation operations owing to its portable and smart design.
A number of companies globally are engaged in research and development activities to enhance the class of solid oxide fuel cells. This has further increased the efficiency, stability, and flexibility of solid oxide fuel cells, thus increasing their demand globally. In addition, the low emission and economical cost related with the utilization of solid oxide fuels will positively impact the development of the overall market.
Furthermore, solid oxide fuel cells are poised to be widely utilized for auxiliary and mobile power, thus providing a key growth opportunity in the market. However, soaring operating temperatures may impede the performance of solid oxide fuel cells, thus negatively impacting the development of this market. The soaring costs of catalysts and commercialization and the increasing complexity in the establishment of infrastructure of solid oxide fuel cells will also restrain the growth of the market.
In terms of type, the report segments the global solid oxide fuel cells market into planar solid oxide fuel cells, tubular solid oxide fuel cells, and thin film solid oxide fuel cells. By application, the report categorizes the market into military, transport, portable products, generators, aircrafts, and others. Geographically, the report segments the market into North America, Europe, Asia Pacific, and Rest of the World (RoW).
Get PDF Report Brochure for more Info@
Key Players in Solid Oxide Fuel Cells (SOFC) Market
The prominent players in the global solid oxide fuel cells market are Adaptive Materials, Inc., Altair Nanotechnologies Inc., The Babcock & Wilcox Co., SOFCpower, Chevron Technology, Delphi Automotive LLP, Protonex, NexTech Materials, Sunfire GmbH, Rolls-Royce plc., DDI Energy Inc., KERAFOL Keramische Folien GmbH, and Point Source Power, Inc. among others.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solid Oxide Fuel Cells (SOFC) Market - Global Industry Analysis 2024 here
News-ID: 526584 • Views: 1091
More Releases from Transparency Market Research-Energy & Mining
Cryogenic Tanks Market Predicted to Grow at a Moderate Pace Through 2016 – 202 …
The global cryogenic tanks market is mostly fragmented and has intense competition among players. Some of the players operating in this market are: VRV S.p.A, Cryogas Equipment Private Ltd., Cryoquip Australia, Cryofab Inc., Eden Cryogenics LLC, and FNF Gas Technology Products Private Ltd. A large number of OEMs and raw material providers are a part of the competitive landscape of this market. The market is consolidated on regional levels however,
Marine Hybrid Propulsion An insight on the important factors and trends influenc …
In order to gain competitive edge, prominent players in the global marine hybrid propulsion market are investing in various research and development activities. This is a major factor motivating manufacturing companies to achieve product differentiation, finds Transparency Market Research (TMR) in a new study. As per reports, conventional hybrid propulsion manufacturing companies have continued designing hybrid propulsion for tugs and yachts. In addition, a majority of existing firms are concentrated
Ring Main Unit Market - Global Industry Volume and Region Analysis – 2024
Ring main unit is a gas-insulated compact switchgear unit that plays an important role in secondary distribution substations. It is used to provide uninterrupted power supply by making a ring of power supply so that in case of failure of the first source of power supply, power can be supplied with the help of the second source. It is preferable over conventional switchgears owing to various properties such as high
Automotive Oil Recycling Market Growth, Share, Demand and Analysis of Key Player …
Recycling is a process which actually considers the used product and converts it into a new re-usable product. Automotive oils recycling is a technique which involves recycling of used motor oil, or hydraulic oil, and converts it into new products. Dumping or disposing the used oils in a wrong way is hazardous to the environment, hence it is highly beneficial to actually recycle and convert it into a reusable product.
More Releases for SOFC
Global Solid Oxide Fuel Cell (SOFC) Market Landscape & Shares 2017
Qyresearchreports include new market research report "Global Solid Oxide Fuel Cell (SOFC) Market Research Report 2017" to its huge collection of research reports. The market study on the global Solid Oxide Fuel Cell (SOFC) market is a professional tool that scrutinizes vital market indicators to understand the progression of the said between 2017-2022. The research report on the global Solid Oxide Fuel Cell (SOFC) market studies historical and current performance, which
Solid Oxide Fuel Cell (SOFC) Market 2017- Acumentrics, Aisin Seiki, Bloom Energy
Marketreports.biz, recently published a detailed market research study focused on the "Solid Oxide Fuel Cell (SOFC) Market" across the global, regional and country level. The report provides 360° analysis of "Solid Oxide Fuel Cell (SOFC) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Solid Oxide Fuel Cell (SOFC) industry, and
Fuel Cell Market Analysis 2017-2022 (PEMFCs, SOFC, MCFC, DMFC)
The 2017-2022 Top Manufacturers Fuel Cell Market Report presents a comprehensive study of the Fuel Cell in global market, especially in the North America, Europe, Asia-Pacific, South America, Middle East and Africa. The study scans the progression of the market trailed over the past few years and the forecasts of growth in the coming years, primarily in terms of sales. The research report highlights the reasons liable for the disparities
Solid Oxide Fuel Cells (SOFC) Market - Global Industry Analysis 2024
Description Solid oxide fuel cells (SOFC) produce electricity by the use of electrochemical conversions wherein fuels including biogas, natural gas, propane hydrogen, and other hydrocarbons are oxidized directly. The global solid oxide fuel cells (SOFC) market is predicted to experience robust growth due to the increasing requirement for zero emission energy devices and alternative sources of energy. The strict regulations on emission of carbon such as Carbon Pollution Standards introduced
Global SOFC Market-Ceres Power, Hexis AG, Aisin Seiki
Global SOFC Market report 2017 is an in-depth research on the current situation of the SOFC industry. The Scope of the SOFC research report: The Global SOFC Market primarily includes a basic overview of the SOFC industry. It also includes SOFC definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes SOFC market size, business share and SOFC revenue, price and sales. The report mainly
Reproducible SOFC MEA testing - FuelCon's full-ceramic cell housing allows easy …
Reproducible characterization of SOFC single cell power density is important for various applications. Cell development requires accurate assignment of material parameters and electrochemical characteristics; and also benchmarking of different manufacturing technologies and suppliers needs simple test equipment that ensures reproducible test setups. In this regard, special emphasis is put on the gas-tight mechanical mounting including the essential gas supply and electrical connection of a MEA. Managing these important factors is