The global solid oxide fuel cell market is estimated to be USD 403.4 million in 2017 and is projected to grow at a CAGR of 13.88% from 2017 to 2025 to reach a market size of USD 1,140.6 million by 2025. Government subsidies and fuel cell programs in Japan and North America, along with growing demand for efficient power generation are the major drivers for the growth of the solid oxide fuel cell market.
Some of the leading players in the solid oxide fuel cell market include Bloom Energy (US), Aisin Seiki (Japan), SOLIDpower (Italy), Sunfire (Germany), UnderSea Sensor Systems (US), and Atrex Energy (US). Contracts & agreements and joint ventures and collaborations were some of the strategies adopted by these players.
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The report defines, describes, and forecasts the global solid oxide fuel cell market type, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the solid oxide fuel cell market.
Why buy this report?
1. The report identifies and
addresses key markets for solid oxide fuel cells, which would help
manufacturers review the growth in demand.
2.
The report helps system providers understand
the pulse of the market and provide insights into drivers, restraints,
opportunities, and challenges.
3.
The report will help key players understand
the strategies of their competitors better and will help in making strategic
decisions.
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Objectives of the Study
·
To define, describe, and forecast the global
solid oxide fuel cell market by type, application, and region
·
To provide detailed information on major
factors influencing the growth of the market (drivers, restraints,
opportunities, and industry-specific challenges)
·
To strategically analyze the market
with respect to individual growth trends, future prospects, and contribution of
each segment to the market
·
To analyze market opportunities for
stakeholders and details of a competitive landscape for market leaders
·
To strategically profile key players and
comprehensively analyze their market rankings and core competencies
·
To track and analyze competitive
developments, such as contracts & agreements, expansions, new product
developments, and mergers & acquisitions in the market
This research study involved the use of
extensive secondary sources, directories, and databases, such as Hoover’s,
Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect
information useful for a technical, market-oriented, and commercial study of
the global solid oxide fuel cell market. Primary sources are mainly industry
experts from core and related industries, OEMs, vendors, suppliers, technology
developers, alliances, and organizations related to all the segments of this
industry’s value chain. Browse Full Report Here: https://www.marketsandmarkets.com/Market-Reports/solid-oxide-fuel-cell-market-39365796.html
Target Audience:
·
Solid oxide fuel cell manufacturers, dealers,
and suppliers
·
Government and research organizations
·
Transmission and distribution utilities
·
State and national regulatory authorities
·
Consulting companies in the energy and power
sector
·
Environmental research institutes
·
Investment firms
Adjacent
Report:
Motor
Soft Starter Market by Voltage (Low & Medium), Rated Power (Up to 100
kW & >100 kW), Application (Pumps, Fans, & Compressors), Industry
(Oil & Gas, Water & Wastewater, Power Generation, & Mining), and
Region - Global Forecast to 2022
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