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Solid Oxide Fuel Cell (SOFC) Market - Analysis By Type, Application, End-User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2028)

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    Report

  • 220 Pages
  • May 2022
  • Region: Global
  • Azoth Analytics
  • ID: 5601939
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 of 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 canters. Also, Stationary fuel cells have found application in various sectors for primary as well as back-up power generation, and are generally based on combined heat and power (CHP) technology for both, heated water and air. That’s why; the demand of stationary SOFC is growing at a fast pace.

The 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 Companies
  • Consulting and Advisory Firms
  • Financial and Non-Financial Corporates, Retailers etc.
  • Government and Policy Makers
  • Regulatory Authorities

Table of Contents

1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations3. Global SOFC Market: Product Overview
4. Global SOFC Market: An Analysis
4.1 Market Size, By Value, Year 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 Stationary- 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 Analysis
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.
List of Figures
Figure 1: Global hydrogen demand by sector in the Net Zero Scenario, 2020-2030F (IN MT)
Figure 2: Global hydrogen demand by production technology in the Net Zero Scenario, 2020-2030F (in MT)
Figure 3: Funding for Hydrogen and Fuel Cell Technologies Office (HFTO), 2020-21 (in Millions USD)
Figure 4: Global SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 5: Global electric passenger car stock (Million), 2016-2020
Figure 6: EV Sales, Cars, 2019-2020
Figure 7: Global Data centers, market share, by country, 2021
Figure 8: Global SOFC Market- By Type Market Share, 2021 & 2028
Figure 9: Global SOFC Market- By Type, By Planar, By Value (USD Million), 2015-2028
Figure 10: Global SOFC Market- By Type, By Tubular, By Value (USD Million), 2015-2028
Figure 11: Global SOFC Market- By Application Market Share, 2021 & 2028
Figure 12: Global SOFC Market- By Application, By Portable, By Value (USD Million), 2015-2028
Figure 13: Global SOFC Market- By Application, By Transport, By Value (USD Million), 2015-2028
Figure 14: Global SOFC Market- By Application, By Stationary, By Value (USD Million), 2015-2028
Figure 15: Global SOFC Market- By End User Market Share, 2021 & 2028
Figure 16: Global SOFC Market- By End User, By Residential (USD Million), 2015-2028
Figure 17: Global SOFC Market- By End User, By Data Centers, By Value (USD Million), 2015-2028
Figure 18: Global SOFC Market- By End User, By Military & Defense (USD Million), 2015-2028
Figure 19: Global SOFC Market- By End User, By Transportation, By Value (USD Million), 2015-2028
Figure 20: Global SOFC Market- By End User, By Commercial & Industrial, By Value (USD Million), 2015-2028
Figure 21: Global SOFC Market- By Region Market Share, 2021 & 2028
Figure 22: Americas SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 23: Americas SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 24: Americas SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 25: Americas SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 26: Market Opportunity Chart of Americas SOFC Market- By Country, By Value (Year-2028)
Figure 27: Americas SOFC Market- By Country Market Share, 2021 & 2028
Figure 28: United States SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 29: United States SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 30: United States SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 31: United States SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 32: Canada SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 33: Canada SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 34: Canada SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 35: Canada SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 36: Brazil SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 37: Brazil SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 38: Brazil SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 39: Brazil SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 40: Mexico SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 21: Global SOFC Market- By Region Market Share, 2021 & 2028
Figure 22: Americas SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 23: Americas SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 24: Americas SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 25: Americas SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 26: Market Opportunity Chart of Americas SOFC Market- By Country, By Value (Year-2028)
Figure 27: Americas SOFC Market- By Country Market Share, 2021 & 2028
Figure 28: United States SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 29: United States SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 30: United States SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 31: United States SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 32: Canada SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 33: Canada SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 34: Canada SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 35: Canada SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 36: Brazil SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 37: Brazil SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 38: Brazil SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 39: Brazil SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 40: Mexico SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 41: Mexico SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 42: Mexico SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 43: Mexico SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 44: Europe SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 45: Europe SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 46: Europe SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 47: Europe SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 48: Market Opportunity Chart of Europe SOFC Market- By Country, By Value (Year-2028)
Figure 49: Europe SOFC Market- By Country Market Share, 2022 & 2028
Figure 50: Germany SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 51: Germany SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 52: Germany SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 53: Germany SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 54: United Kingdom SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 55: United Kingdom SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 56: United Kingdom SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 57: United Kingdom SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 58: France SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 59: France SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 60: France SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 61: France SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 62: Asia Pacific SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 63: Asia Pacific SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 64: Asia Pacific SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 65: Asia Pacific SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 66: Market Opportunity Chart of Asia Pacific SOFC Market- By Country, By Value (Year-2028)
Figure 67: Asia Pacific SOFC Market- By Country Market Share, 2021 & 2028
Figure 68: China SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 69: China SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 70: China SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 71: China SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 72: Japan SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 73: Japan SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 74: Japan SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 75: Japan SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 76: South Korea SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 77: South Korea SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 78: South Korea SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 79: South Korea SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 80: Middle East and Africa SOFC Market Size, By Value, 2015-2028 (USD Million)
Figure 81: Middle East and Africa SOFC Market- By Type, By Value (USD Million), 2015-2028
Figure 82: Middle East and Africa SOFC Market- By Application, By Value (USD Million), 2015-2028
Figure 83: Middle East and Africa SOFC Market- By End User, By Value (USD Million), 2015-2028
Figure 84: Market Attractiveness Chart of Global SOFC Market- By Type (Year-2028)
Figure 85: Market Attractiveness Chart of Global SOFC Market- By Application (Year-2028)
Figure 86: Market Attractiveness Chart of Global SOFC Market- By End User (Year-2028)
Figure 87: Market Attractiveness Chart of Global SOFC Market- By Region (Year-2028)
Figure 88: Global SOFC Market Share (%), 2021
Figure 89: Mitsubishi Power, Ltd. Sales Revenues, 2018-2021 (USD Million)
Figure 90: Mitsubishi Power, Ltd. Profit, 2018-2021 (USD Million
Figure 91: Mitsubishi Power, Ltd. Revenues, By Business Segment (%), FY2020
Figure 92: Bloom Energy Corporation, Sales Revenues, 2016-2021 (USD Million)
Figure 93: Bloom Energy Corporation, Net Profit, 2016-2021 (USD Million)
Figure 94: Bloom Energy Corporation, By Business Segments (%), FY2021
Figure 95: Miura Co., Ltd. Sales Revenues, 2018-2021 (USD Million)
Figure 96: Miura Co., Ltd. Gross Profit, 2018-2021 (USD Million)
Figure 97: Miura Co., Ltd. Revenues, By Business Segment (%), FY2021
Figure 98: Miura Co., Ltd. Revenues, By Geographical Segment (%), FY2021
Figure 99: Hitachi Zosen Corporation Sales Revenues, 2018-2021 (USD Million)
Figure 100: Hitachi Zosen Corporation Profit, 2018-2021 (USD Million)
Figure 101: Hitachi Zosen Corporation Revenues, By Business Segment (%), FY2020
Figure 102: Hitachi Zosen Corporation Revenues, By Geographical Segment (%), FY2020
Figure 103: Kyocera Corporation Sales Revenues, 2018-2021 (USD Million)
Figure 104: Kyocera Corporation Profit, 2018-2021 (USD Million)
Figure 105: Kyocera Corporation Revenues, By Business Segment (%), FY2020
Figure 106: Kyocera Corporation Revenues, By Geographical Segment (%), FY2020
Figure 107: FuelCell Energy, Inc. Sales Revenues, 2019-2021 (USD Million)
Figure 108: FuelCell Energy, Inc. Net Loss, 2019-2021 (USD Million)
Figure 109: FuelCell Energy, Inc. Revenues, By Business Segment (%), FY2021
Figure 110: FuelCell Energy, Inc. Revenues, By Geographical Segment (%), FY2021
Figure 111: Cummins Sales Revenues, 2019-2021 (USD Million)
Figure 112: Cummins Net Income, 2019-2021 (USD Million)
Figure 113: Cummins Revenues, By Business Segment (%), FY2021
Figure 114: Cummins Revenues, By Geographical Segment (%), FY2021
Figure 115: Aisin Corporation Sales Revenues, 2019-2021 (USD Million)
Figure 116: Aisin Corporation Profit, 2019-2021 (USD Million)
Figure 117: Ceres Power Holdings plc Sales Revenues, 2020-2021 (USD Million)
Figure 118: Ceres Power Holdings plc Gross profit, 2020-2021 (USD Million)
Figure 119: Ceres Power Holdings plc Revenues, By Business Segment (%), FY2021
Figure 120: Ceres Power Holdings plc Revenues, By Geographical Segment (%), FY2021
List of Tables
Table A: Fuel Cell Maintenance And Lifetime Expected
Table B: FUEL CELL ENERGY PERFORMANCE, 2021
Table C: Market potential Evaluation, 2020
Table D: Current consumption and future economic consumption potential of hydrogen in the United States (MMT/year)
Table E: Europe SOFC Projects, 2020
Table F: Hydrogen Demand Potential for Electricity Generation by Country in 2040 (in Mtoe)