The Solid Oxide Fuel Cell market size was valued at 410 Million USD in 2018 and is projected to reach 1110 Million USD by 2025, at a CAGR of 13.3% during the forecast period.

A solid oxide fuel cell (or SOFC) is an electrochemical conversion device that produces electricity directly from oxidizing a fuel. Fuel cells are characterized by their electrolyte material; the SOFC has a solid oxide or ceramic electrolyte. Advantages of this class of fuel cells include high efficiency, long-term stability, fuel flexibility, low emissions, and relatively low cost. The largest disadvantage is the high operating temperature which results in longer start-up times and mechanical and chemical compatibility issues.

 

Categorization on the basis of technology includes tubular, planar and other SOFCs. Planar SOFC have the largest market demand on account of higher power ratio as compared to other SOFCs, despite high installation costs. Planar SOFC has the highest electrical efficiency that allows great potential for applications in military, leading to higher demand in the aforementioned application.

 

Further segmentation on the basis of application includes transportation, military and portable energy purposes, as well as small & large stationery. Major SOFC application lies in military on account of portability and compact nature of these fuel cells. Power output is also higher and easier to achieve than other conventional solar cells, which is expected to positively impact the SOFC growth market during the forecast period. High costs of commercialization and catalysts, as well as complexity in infrastructure establishment are expected to hinder the SOFC market growth over the forecast period. SOFC also requires high temperatures for activation of ceramic electrolytes in the device, which could lead to chemical and mechanical compatibility issues and longer start-up buffer time.

 

This report presents the worldwide Solid Oxide Fuel Cell (SOFC) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

 

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

• Bloom Energy
• Siemens Energy
• Aisin Seiki
• Mitsubishi Heavy Industries
• Delphi Corp
• GE
• Convion
• FuelCell Energy
• Atrex Energy, Inc
• SOLIDpower
• ZTEK Corporation
• Redox Power Systems
• Ceres
• Elcogen

• Tubular
• Planar
• Others

• Transportation
• Portable & Military
• Stationary

• United States
• Europe
• China
• Japan
• Other Regions

• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Malaysia
• Philippines
• Thailand
• Vietnam
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Rest of Europe
• Central & South America
• Brazil
• Rest of South America
• Middle East & Africa
• GCC Countries
• Turkey
• Egypt
• South Africa
• Rest of Middle East & Africa

• To analyze and research the global Solid Oxide Fuel Cell (SOFC) status and future forecast，involving, production, revenue, consumption, historical and forecast.
• To present the key Solid Oxide Fuel Cell (SOFC) manufacturers, production, revenue, market share, and recent development.
• To split the breakdown data by regions, type, manufacturers and applications.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

• History Year: 2014 - 2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solid Oxide Fuel Cell (SOFC) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

 

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

    1.1 Solid Oxide Fuel Cell (SOFC) Product

    1.2 Key Market Segments in This Study

    1.3 Key Manufacturers Covered

    1.4 Market by Type

        1.4.1 Global Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate by Type

        1.4.2 Tubular

        1.4.3 Planar

        1.4.4 Others

    1.5 Market by Application

        1.5.1 Global Solid Oxide Fuel Cell (SOFC) Market Size Growth Rate by Application

        1.5.2 Transportation

        1.5.3 Portable & Military

        1.5.4 Stationary

    1.6 Study Objectives

    1.7 Years Considered

 

2 Executive Summary

    2.1 Global Solid Oxide Fuel Cell (SOFC) Market Size

        2.1.1 Global Solid Oxide Fuel Cell (SOFC) Revenue 2014-2025

        2.1.2 Global Solid Oxide Fuel Cell (SOFC) Production 2014-2025

    2.2 Solid Oxide Fuel Cell (SOFC) Growth Rate (CAGR) 2019-2025

    2.3 Analysis of Competitive Landscape

        2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

        2.3.2 Key Solid Oxide Fuel Cell (SOFC) Manufacturers

            2.3.2.1 Solid Oxide Fuel Cell (SOFC) Manufacturing Base Distribution, Headquarters

            2.3.2.2 Manufacturers Solid Oxide Fuel Cell (SOFC) Product Offered

            2.3.2.3 Date of Manufacturers Enter into Solid Oxide Fuel Cell (SOFC) Market

    2.4 Key Trends for Solid Oxide Fuel Cell (SOFC) Markets & Products

 

3 Market Size by Manufacturers

    3.1 Solid Oxide Fuel Cell (SOFC) Production by Manufacturers

        3.1.1 Solid Oxide Fuel Cell (SOFC) Production by Manufacturers

        3.1.2 Solid Oxide Fuel Cell (SOFC) Production Market Share by Manufacturers

    3.2 Solid Oxide Fuel Cell (SOFC) Revenue by Manufacturers

        3.2.1 Solid Oxide Fuel Cell (SOFC) Revenue by Manufacturers (2014-2019)

        3.2.2 Solid Oxide Fuel Cell (SOFC) Revenue Share by Manufacturers (2014-2019)

    3.3 Solid Oxide Fuel Cell (SOFC) Price by Manufacturers

    3.4 Mergers & Acquisitions, Expansion Plans

 

4 Solid Oxide Fuel Cell (SOFC) Production by Regions

    4.1 Global Solid Oxide Fuel Cell (SOFC) Production by Regions

        4.1.1 Global Solid Oxide Fuel Cell (SOFC) Production Market Share by Regions

        4.1.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Market Share by Regions

    4.2 United States

        4.2.1 United States Solid Oxide Fuel Cell (SOFC) Production

        4.2.2 United States Solid Oxide Fuel Cell (SOFC) Revenue

        4.2.3 Key Players in United States

        4.2.4 United States Solid Oxide Fuel Cell (SOFC) Import & Export

    4.3 Europe

        4.3.1 Europe Solid Oxide Fuel Cell (SOFC) Production

        4.3.2 Europe Solid Oxide Fuel Cell (SOFC) Revenue

        4.3.3 Key Players in Europe

        4.3.4 Europe Solid Oxide Fuel Cell (SOFC) Import & Export

    4.4 China

        4.4.1 China Solid Oxide Fuel Cell (SOFC) Production

        4.4.2 China Solid Oxide Fuel Cell (SOFC) Revenue

        4.4.3 Key Players in China

        4.4.4 China Solid Oxide Fuel Cell (SOFC) Import & Export

    4.5 Japan

        4.5.1 Japan Solid Oxide Fuel Cell (SOFC) Production

        4.5.2 Japan Solid Oxide Fuel Cell (SOFC) Revenue

        4.5.3 Key Players in Japan

        4.5.4 Japan Solid Oxide Fuel Cell (SOFC) Import & Export

    4.6 Other Regions

        4.6.1 South Korea

        4.6.2 India

        4.6.3 Southeast Asia

 

5 Solid Oxide Fuel Cell (SOFC) Consumption by Regions

    5.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Regions

        5.1.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Regions

        5.1.2 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Share by Regions

    5.2 North America

        5.2.1 North America Solid Oxide Fuel Cell (SOFC) Consumption by Application

        5.2.2 North America Solid Oxide Fuel Cell (SOFC) Consumption by Countries

        5.2.3 United States

        5.2.4 Canada

        5.2.5 Mexico

    5.3 Europe

        5.3.1 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Application

        5.3.2 Europe Solid Oxide Fuel Cell (SOFC) Consumption by Countries

        5.3.3 Germany

        5.3.4 France

        5.3.5 UK

        5.3.6 Italy

        5.3.7 Russia

    5.4 Asia Pacific

        5.4.1 Asia Pacific Solid Oxide Fuel Cell (SOFC) Consumption by Application

        5.4.2 Asia Pacific Solid Oxide Fuel Cell (SOFC) Consumption by Countries

        5.4.3 China

        5.4.4 Japan

        5.4.5 South Korea

        5.4.6 India

        5.4.7 Australia

        5.4.8 Indonesia

        5.4.9 Thailand

        5.4.10 Malaysia

        5.4.11 Philippines

        5.4.12 Vietnam

    5.5 Central & South America

        5.5.1 Central & South America Solid Oxide Fuel Cell (SOFC) Consumption by Application

        5.5.2 Central & South America Solid Oxide Fuel Cell (SOFC) Consumption by Country

        5.5.3 Brazil

    5.6 Middle East and Africa

        5.6.1 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Consumption by Application

        5.6.2 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Consumption by Countries

        5.6.3 GCC Countries

        5.6.4 Egypt

        5.6.5 South Africa

 

6 Market Size by Type

    6.1 Global Solid Oxide Fuel Cell (SOFC) Production by Type

    6.2 Global Solid Oxide Fuel Cell (SOFC) Revenue by Type

    6.3 Solid Oxide Fuel Cell (SOFC) Price by Type

 

7 Market Size by Application

    7.1 Overview

    7.2 Global Solid Oxide Fuel Cell (SOFC) Breakdown Dada by Application

        7.2.1 Global Solid Oxide Fuel Cell (SOFC) Consumption by Application

        7.2.2 Global Solid Oxide Fuel Cell (SOFC) Consumption Market Share by Application (2014-2019)

 

8 Manufacturers Profiles

    8.1 Bloom Energy

        8.1.1 Bloom Energy Company Details

        8.1.2 Company Overview

        8.1.3 Bloom Energy Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.1.4 Bloom Energy Solid Oxide Fuel Cell (SOFC) Product Description

        8.1.5 Bloom Energy Recent Development

    8.2 Siemens Energy

        8.2.1 Siemens Energy Company Details

        8.2.2 Company Overview

        8.2.3 Siemens Energy Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.2.4 Siemens Energy Solid Oxide Fuel Cell (SOFC) Product Description

        8.2.5 Siemens Energy Recent Development

    8.3 Aisin Seiki

        8.3.1 Aisin Seiki Company Details

        8.3.2 Company Overview

        8.3.3 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.3.4 Aisin Seiki Solid Oxide Fuel Cell (SOFC) Product Description

        8.3.5 Aisin Seiki Recent Development

    8.4 Mitsubishi Heavy Industries

        8.4.1 Mitsubishi Heavy Industries Company Details

        8.4.2 Company Overview

        8.4.3 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.4.4 Mitsubishi Heavy Industries Solid Oxide Fuel Cell (SOFC) Product Description

        8.4.5 Mitsubishi Heavy Industries Recent Development

    8.5 Delphi Corp

        8.5.1 Delphi Corp Company Details

        8.5.2 Company Overview

        8.5.3 Delphi Corp Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.5.4 Delphi Corp Solid Oxide Fuel Cell (SOFC) Product Description

        8.5.5 Delphi Corp Recent Development

    8.6 GE

        8.6.1 GE Company Details

        8.6.2 Company Overview

        8.6.3 GE Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.6.4 GE Solid Oxide Fuel Cell (SOFC) Product Description

        8.6.5 GE Recent Development

    8.7 Convion

        8.7.1 Convion Company Details

        8.7.2 Company Overview

        8.7.3 Convion Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.7.4 Convion Solid Oxide Fuel Cell (SOFC) Product Description

        8.7.5 Convion Recent Development

    8.8 FuelCell Energy

        8.8.1 FuelCell Energy Company Details

        8.8.2 Company Overview

        8.8.3 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.8.4 FuelCell Energy Solid Oxide Fuel Cell (SOFC) Product Description

        8.8.5 FuelCell Energy Recent Development

    8.9 Atrex Energy, Inc

        8.9.1 Atrex Energy, Inc Company Details

        8.9.2 Company Overview

        8.9.3 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.9.4 Atrex Energy, Inc Solid Oxide Fuel Cell (SOFC) Product Description

        8.9.5 Atrex Energy, Inc Recent Development

    8.10 SOLIDpower

        8.10.1 SOLIDpower Company Details

        8.10.2 Company Overview

        8.10.3 SOLIDpower Solid Oxide Fuel Cell (SOFC) Production Revenue and Gross Margin (2014-2019)

        8.10.4 SOLIDpower Solid Oxide Fuel Cell (SOFC) Product Description

        8.10.5 SOLIDpower Recent Development

    8.11 ZTEK Corporation

    8.12 Redox Power Systems

    8.13 Ceres

    8.14 Elcogen

 

9 Production Forecasts

    9.1 Solid Oxide Fuel Cell (SOFC) Production and Revenue Forecast

        9.1.1 Global Solid Oxide Fuel Cell (SOFC) Production Forecast 2019-2025

        9.1.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Forecast 2019-2025

    9.2 Solid Oxide Fuel Cell (SOFC) Production and Revenue Forecast by Regions

        9.2.1 Global Solid Oxide Fuel Cell (SOFC) Revenue Forecast by Regions

        9.2.2 Global Solid Oxide Fuel Cell (SOFC) Production Forecast by Regions

    9.3 Solid Oxide Fuel Cell (SOFC) Key Producers Forecast

        9.3.1 United States

        9.3.2 Europe

        9.3.3 China

        9.3.4 Japan

    9.4 Forecast by Type

        9.4.1 Global Solid Oxide Fuel Cell (SOFC) Production Forecast by Type

        9.4.2 Global Solid Oxide Fuel Cell (SOFC) Revenue Forecast by Type

 

10 Consumption Forecast

    10.1 Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Application

    10.2 Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions

    10.3 North America Market Consumption Forecast

        10.3.1 North America Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions 2019-2025

        10.3.2 United States

        10.3.3 Canada

        10.3.4 Mexico

    10.4 Europe Market Consumption Forecast

        10.4.1 Europe Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions 2019-2025

        10.4.2 Germany

        10.4.3 France

        10.4.4 UK

        10.4.5 Italy

        10.4.6 Russia

    10.5 Asia Pacific Market Consumption Forecast

        10.5.1 Asia Pacific Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions 2019-2025

        10.5.2 China

        10.5.3 Japan

        10.5.4 South Korea

        10.5.5 India

        10.5.6 Australia

        10.5.7 Indonesia

        10.5.8 Thailand

        10.5.9 Malaysia

        10.5.10 Philippines

        10.5.11 Vietnam

    10.6 Central & South America Market Consumption Forecast

        10.6.1 Central & South America Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions 2019-2025

        10.6.2 Brazil

    10.7 Middle East and Africa Market Consumption Forecast

        10.7.1 Middle East and Africa Solid Oxide Fuel Cell (SOFC) Consumption Forecast by Regions 2019-2025

        10.7.2 GCC Countries

        10.7.3 Egypt

        10.7.4 South Africa

 

11 Value Chain and Sales Channels Analysis

    11.1 Value Chain Analysis

    11.2 Sales Channels Analysis

        11.2.1 Solid Oxide Fuel Cell (SOFC) Sales Channels

        11.2.2 Solid Oxide Fuel Cell (SOFC) Distributors

    11.3 Solid Oxide Fuel Cell (SOFC) Customers

 

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis

    12.1 Market Opportunities and Drivers

    12.2 Market Challenges

    12.3 Market Risks/Restraints

 

13 Key Findings in the Global Solid Oxide Fuel Cell (SOFC) Study

 

14 Appendix

    14.1 Research Methodology

        14.1.1 Methodology/Research Approach

            14.1.1.1 Research Programs/Design

            14.1.1.2 Market Size Estimation

            14.1.1.3 Market Breakdown and Data Triangulation

        14.1.2 Data Source

            14.1.2.1 Secondary Sources

            14.1.2.2 Primary Sources

    14.2 Author Details

    14.3 Disclaimer