Solid Oxide Fuel Cell Market by Type, Application, End-Use & Region – Global Forecast to 2025 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Solid
Oxide Fuel Cell Market – Global Forecast to 2025" report has
been added to Research and Markets' offering.

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 the US, Japan, and Europe
is the major driving factor for the growth of the solid oxide fuel cell
market. High capital cost, requirement, and competition from other fuel
cell technologies, such as PEMFC can hinder the growth of the solid
oxide fuel cell market.

The CHP sub-segment of the application segment is expected to grow at
the highest CAGR, during the forecast period. Solid oxide fuel cells can
be used for residential and commercial CHP applications and have an
advantage over other technologies due to their high efficiency for power
generation and low maintenance costs. Government programs in Japan and
Europe for fuel cell-based installations is driving the growth of the
combined heat and power segment.

The market in North America is currently the largest market for solid
oxide fuel cells followed by the market in Asia Pacific. High demand for
the power generation segment for data centers and commercial and retail
end-use is driving the market for solid oxide fuel cells in North
America.

Companies Mentioned

• Aisin Seiki
• Atrex Energy
• Bloom Energy
• Ceres Power Holdings
• Convion Fuel Cell Systems
• Elcogen
• Fuelcell Energy
• General Electric
• Hexis
• Protonex
• Solidpower
• Sunfire
• Ultra Undersea Sensor Systems
• Watt Fuel Cell Corporation
• Ztek Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Solid Oxide Fuel Cell Market, By Type

7 Solid Oxide Fuel Cell Market, By Application

8 Solid Oxide Fuel Cell Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/ftjltn/solid_oxide_fuel

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Related
Topics: Fuel
Cells