Executive Summary
More affordable electricity, more resilient power, and cleaner energy are three things demanded by businesses and communities in a post-climate-change environment where the concerns of growing carbon emissions, extreme weather events, and a fragile system are more serious than ever. Consequently, industry sectors across countries such as China, Germany, Japan and the United States are increasingly installing the SOFC units to address the growing cognizance pertaining to controlling the GHG emissions and utilizing the state-of-art technology offered by different SOFC companies.
The rising demand for clean energy over concerns about the environmental impact of energy generation from conventional sources such as coal and natural gas is expected to help grow the planar solid oxide fuel cell market across the globe.
Data canters need continuous and reliable power. A comprehensive backup power plan that includes fuel cells and other power sources is capable of providing the 99.99% availability needed by the data centers. This has encouraged companies in to consider Solid oxide fuel cells at data centres. Also, Stationary fuel cells have found application in various sectors for primary as well as backup power generation, and are generally based on combined heat and power (CHP) technology for both, heated water and air. That's why; the demand for stationary SOFC is growing at a fast pace.
The Azoth Analytics research report titled ‘Global SOFC Market (2022 Edition) has analysed and segmented the SOFC Market by Value (USD Million). The report has also further analysed the SOFC Market By Type (Planar, Tabular), By Application (Portable, Transport, Stationary), By End User (Residential, Data canters, Military & Defence, Transportation, Communication & Industrial), By Region (Americas, Europe, Asia-Pacific, Middle East & Africa), By Country (United States, Canada, Brazil, Mexico, United Kingdom, Germany, France, China, Japan, South Korea) for the historical period of 2015-2021 and the forecast period of 2022-2028.
Scope of the Report
• The report analyses the SOFC Market By value (USD Million)
• The report analyses the SOFC Market By Type (Planar, Tabular)
• The report analyses the SOFC Market By Application (Portable, Transport, Stationary)
• The report analyses the SOFC Market By End User (Residential, Data canters, Military & Defence, Transportation, Communication & Industrial)
• The Global SOFC Market has been analysed by Countries (United States, Canada, Brazil, Mexico, United Kingdom, Germany, France, China, Japan, South Korea)
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Type, by Application, by End User.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions, new product development and key insights. The companies analysed in the report include - Mitsubishi Power, Ltd., Bloom Energy Corporation, Miura Co., Ltd., Hitachi Zosen Corporation, Kyocera Corporation, FuelCell Energy, Inc., Cummins, Aisin Corporation, Ceres Power Holdings plc , WATT Fuel Cell Corporation, Convion, Elcogen, SOLIDPower s.p.a.
• The report presents the analysis of SOFC Market for the historical period of 2015-2021 and the forecast period of 2022-2028.
Key Target Audience
• Power and Energy Sector
• Consulting and Advisory Firms
• Financial and Non-Financial Corporates, Retailers.
• Government and Policy Makers
• Regulatory Authorities
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global SOFC Market: Product Overview
4. Global SOFC Market: An Analysis
4.1 Market Size, By Value, 2015-2028
4.2 Global SOFC Market: Growth & Forecast
4.3 Impact of COVID-19 on SOFC Market
5. Global SOFC Market By Type
5.1 Competitive Scenario of Global SOFC Market: By Type (2021 & 2028)
5.2 By Planar - Market Size and Forecast (2015-2028)
5.3 By Tubular - Market Size and Forecast (2015-2028)
6. Global SOFC Market By Application
6.1 Competitive Scenario of Global SOFC Market: Application (2021 & 2028)
6.2 By Portable - Market Size and Forecast (2015-2028)
6.3 By Transport - Market Size and Forecast (2015-2028)
6.4 By Stationery - Market Size and Forecast (2015-2028)
7. Global SOFC Market By End User
7.1 Competitive Scenario of Global SOFC Market: By End User (2021 & 2028)
7.2 By Residential - Market Size and Forecast (2015-2028)
7.3 By Data Centers - Market Size and Forecast (2015-2028)
7.4 By Military & Defense - Market Size and Forecast (2015-2028)
7.5 By Transportation - Market Size and Forecast (2015-2028)
7.6 By Commercial & Industrial - Market Size and Forecast (2015-2028)
8. Global SOFC Market: Regional Analysis
8.1 Competitive Scenario of Global SOFC Market: By Region (2021 & 2028)
9. Americas SOFC Market: An Analysis (2015-2028)
9.1 Americas SOFC Market by value: Size and Forecast (2015-2028)
9.2 Americas SOFC Market: Prominent Companies
9.3 Market Segmentation By Type (Planar, Tubular)
9.4 Market Segmentation By Application (Portable, Transport, Stationary)
9.5 Market Segmentation By End User (Residential, Data Centers, Military & Defense, Transportation, Commercial & Industrial)
9.6 Americas SOFC Market: Country Analysis
9.7 Market Opportunity Chart of Americas SOFC Market - By Country, By Value (Year-2028)
9.8 Competitive Scenario of Americas SOFC Market - By Country (2021 & 2028)
9.9 United States SOFC Market: Size and Forecast (2015-2028)
9.10 United States SOFC Market Segmentation By Type (2015-2028)
9.11 United States SOFC Market Segmentation By Applications (2015-2028)
9.12 United States SOFC Market Segmentation By End User (2015-2028)
9.13 Canada SOFC Market: Size and Forecast (2015-2028)
9.14 Canada SOFC Market Segmentation By Type (2015-2028)
9.15 Canada SOFC Market Segmentation By Applications (2015-2028)
9.16 Canada SOFC Market Segmentation By End User (2015-2028)
9.17 Brazil SOFC Market: Size and Forecast (2015-2028)
9.18 Brazil SOFC Market Segmentation By Type (2015-2028)
9.19 Brazil SOFC Market Segmentation By Applications (2015-2028)
9.20 Brazil SOFC Market Segmentation By End User (2015-2028)
9.21 Mexico SOFC Market: Size and Forecast (2015-2028)
9.22 Mexico SOFC Market Segmentation By Type (2015-2028)
9.23 Mexico SOFC Market Segmentation By Applications (2015-2028)
9.24 Mexico SOFC Market Segmentation By End User (2015-2028)
10. Europe SOFC Market: An Analysis (2015-2028)
10.1 Europe SOFC Market by value: Size and Forecast (2015-2028)
10.2 Europe SOFC Market: Prominent Companies
10.3 Market Segmentation By Type (Planar, Tubular)
10.4 Market Segmentation By Application (Portable, Transport, Stationary)
10.5 Market Segmentation By End User (Residential, Data Centers, Military & Defense, Transportation, Commercial & Industrial)
10.6 Europe SOFC Market: Country Analysis
10.7 Market Opportunity Chart of Europe SOFC Market - By Country, By Value (Year-2028)
10.8 Competitive Scenario of Europe SOFC Market - By Country (2021 & 2028)
10.9 Germany SOFC Market: Size and Forecast (2015-2028)
10.10 Germany SOFC Market Segmentation By Type (2015-2028)
10.11 Germany SOFC Market Segmentation By Applications (2015-2028)
10.12 Germany SOFC Market Segmentation By End User (2015-2028)
10.13 United Kingdom SOFC Market: Size and Forecast (2015-2028)
10.14 United Kingdom SOFC Market Segmentation By Type (2015-2028)
10.15 United Kingdom SOFC Market Segmentation By Applications (2015-2028)
10.16 United Kingdom SOFC Market Segmentation By End User (2015-2028)
10.17 France SOFC Market: Size and Forecast (2015-2028)
10.18 France SOFC Market Segmentation By Type (2015-2028)
10.19 France SOFC Market Segmentation By Applications (2015-2028)
10.20 France SOFC Market Segmentation By End User (2015-2028)
11. Asia Pacific SOFC Market: An Analysis (2015-2028)
11.1 Asia Pacific SOFC Market by value: Size and Forecast (2015-2028)
11.2 Asia Pacific SOFC Market: Prominent Companies
11.3 Market Segmentation By Type (Planar, Tubular)
11.4 Market Segmentation By Application (Portable, Transport, Stationary)
11.5 Market Segmentation By End User (Residential, Data Centers, Military & Defense, Transportation, Commercial & Industrial)
11.6 Asia Pacific SOFC Market: Country Analysis
11.7 Market Opportunity Chart of Asia Pacific SOFC Market - By Country, By Value (Year-2028)
11.8 Competitive Scenario of Asia Pacific SOFC Market - By Country (2021 & 2028)
11.9 China SOFC Market: Size and Forecast (2015-2028)
11.10 China SOFC Market Segmentation By Type (2015-2028)
11.11 China SOFC Market Segmentation By Applications (2015-2028)
11.12 China SOFC Market Segmentation By End User (2015-2028)
11.13 Japan SOFC Market: Size and Forecast (2015-2028)
11.14 Japan SOFC Market Segmentation By Type (2015-2028)
11.15 Japan SOFC Market Segmentation By Applications (2015-2028)
11.16 Japan SOFC Market Segmentation By End User (2015-2028)
11.17 South Korea SOFC Market: Size and Forecast (2015-2028)
11.18 South Korea SOFC Market Segmentation By Type (2015-2028)
11.19 South Korea SOFC Market Segmentation By Applications (2015-2028)
11.20 South Korea SOFC Market Segmentation By End User (2015-2028)
12. Middle East and Africa SOFC Market: An Analysis (2015-2028)
12.1 Middle East and Africa SOFC Market by value: Size and Forecast (2015-2028)
12.2 Market Segmentation By Type (Planar, Tubular)
12.3 Market Segmentation By Application (Portable, Transport, Stationary)
12.4 Market Segmentation By End User (Residential, Data Centers, Military & Defense, Transportation, Commercial & Industrial)
13. Global SOFC Market Dynamics
13.1 Global SOFC Market Drivers
13.2 Global SOFC Market Restraints
13.3 Global SOFC Market Trends
14. Market Attractiveness
14.1 Market Attractiveness Chart of Global SOFC Market - By Type (Year 2028)
14.2 Market Attractiveness Chart of Global SOFC Market - By Application (Year 2028)
14.3 Market Attractiveness Chart of Global SOFC Market - By End User (Year 2028)
14.4 Market Attractiveness Chart of Global SOFC Market - By Region (Year 2028)
15. Competitive Landscape
15.1 Market Share of Leading Global Companies
15.2 Porter Five Force Analysis - Global SOFC Market
16. Global SOFC Market: Recent Developments, Merger & Acquisitions
17. Company Profiles (Business Description, Financial Analysis, Business Strategy)
17.1 Mitsubishi Power, Ltd.
17.2 Bloom Energy Corporation
17.3 Miura Co., Ltd.
17.4 Hitachi Zosen Corporation
17.5 Kyocera Corporation
17.6 FuelCell Energy, Inc.
17.7 Cummins
17.8 Aisin Corporation
17.9 Ceres Power Holdings plc
17.10 WATT Fuel Cell Corporation
17.11 Convion
17.12 Elcogen
17.13 SOLIDPower s.p.a.