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Solid Oxide Fuel Cell Market Size, Share & Trends Analysis Report By Application (Transportation, Portable, Industrial), By Region, And Segment Forecasts, 2024 - 2030

July 2024 | 71 pages | ID: S0478EA6615EN
Grand View Research, Inc.

US$ 5,950.00

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Solid Oxide Fuel Cell Market Growth & Trends

The global solid oxide fuel cell market size is expected t%li%reach USD 7,124.40 million by 2030, registering a CAGR of 40.7% according t%li%a new report by Grand View Research, Inc. Growing expenditure on infrastructure and industry development is expected t%li%have a positive impact on the global market in the forecast period.

Installers and system providers usually hold stock of significant equipment in the inventory. However, manufacturers face bottlenecks and shortages due t%li%the limited production in countries, severely affected by the COVID-19. Further, upcoming Solid oxide fuel cells (SOFC) based large-scale projects are expected t%li%witness delays in commissioning due t%li%the disruptions in supply chain and halting of on-site construction activities.

Rising awareness about alternative sources of energy is one of the major factors encouraging market growth. Increasing carbon emission levels is a global issue, and government authorities worldwide are supporting technological advancements t%li%tackle the issue by providing research funding and drafting supportive policies and plans.

The global SOFC market is highly competitive owing t%li%the ongoing technological advancements by the existing vendors and new entrants. Market players are concentrating on strengthening their relations with system installers due t%li%their strong local presence and close ties with the clients, which in turn is likely t%li%help enhance geographical presence.

Solid Oxide Fuel Cell Market Report Highlights
    • In terms of revenue, the stationary segment accounted for a prominent market share of 81.49% in 2023 and is further expected t%li%witness major growth during the forecast period
  • As of 2023, the Asia Pacific accounted for 49.48% revenue share in the overall SOFC market
  • In Europe, Germany dominated the market by the revenue share during 2023
      • Government funding and aggressive mergers & acquisitions between companies for alternative energy technologies contribute t%li%heavy investments in Europe. Transportation is predicted t%li%be the viable segment for the utilization of solid oxide fuel cells during the coming years
CHAPTER 1 METHODOLOGY & SCOPE

1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
  1.3.1 Purchased Database
  1.3.2 GVR’s Internal Database
  1.3.3 Secondary Sources
  1.3.4 Third-Party Perspective
  1.3.5 Primary Research
1.4 Information Analysis
  1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Market Summary

CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Lineage Outlook
  3.1.1 Global Fuel cell Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry value chain analysis
3.4 Technology Overview
  3.4.1 Technology Trends
3.5 Regulatory Framework
  3.5.1 Policies and Plans by Major Country
    3.5.1.1 U.S.
    3.5.1.2 Germany
    3.5.1.3 China
    3.5.1.4 Japan
  3.5.2 Standard and Compliances
3.6 Market Dynamics
  3.6.1 Market Driver Analysis
    3.6.1.1 Increasing private-public partnerships
    3.6.1.2 Reduced environmental impact
  3.6.2 Market Restraint Analysis
    3.6.2.1 High cost of solid oxide fuel cell systems
  3.6.3 Market Opportunity Analysis
3.7 Solid Oxide Fuel Cell Industry Analysis - Porter’s
3.8 Solid Oxide Fuel Cell Industry Analysis - PESTEL analysis
3.9 Impact of Corona Virus on Solid Oxide Fuel Cell (SOFC) Market
  3.9.1 Challenges
  3.9.2 Steps Taken
  3.9.3 Impact Verdict - Medium

CHAPTER 4 GLOBAL SOFC MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

4.1 Global SOFC Market: Application Movement Analysis, 2023 & 2030
4.2 Market size & forecasts and trend analysis, 2019 to 2030 for the following:
  4.2.1 Stationary
    4.2.1.1 Global SOFC market estimates and forecasts, by Stationary Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  4.2.2 Transportation
    4.2.2.1 Global SOFC market estimates and forecasts, by Transportation Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  4.2.3 Portable
    4.2.3.1 Global SOFC market estimates and forecasts, by portable Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)

CHAPTER 5 GLOBAL SOFC MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

5.1 Global SOFC Market: Regional Movement Analysis, 2023 & 2030
5.2 North America
  5.2.1 North America SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.2.2 U.S.
    5.2.2.1 U.S. SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
5.3 Europe
  5.3.1 Europe SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.3.2 Germany
    5.3.2.1 Germany SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.3.3 France
    5.3.3.1 France SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.3.4 UK
    5.3.4.1 UK SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
5.4 Asia Pacific
  5.4.1 Asia Pacific SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.4.2 China
    5.4.2.1 China SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.4.3 Japan
    5.4.3.1 Japan SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
  5.4.4 South Korea
    5.4.4.1 South Korea SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)
5.5 Rest of World
  5.5.1 Rest of World SOFC market estimates and forecasts, by Application, 2019 - 2030 (Thousand Units) (KW) (USD Million)

CHAPTER 6 GLOBAL SOFC MARKET - COMPETITIVE LANDSCAPE

6.1 Key Global Players, Recent Market Developments & Their Impact on the Industry
6.2 Major Deals and Strategic Alliances
6.3 Vendor landscape
  6.3.1 List of key distributors and channel partners
  6.3.2 List of Component and Material Supplier/Distributors
  6.3.3 Company Market Position Analysis

CHAPTER 7 COMPANY PROFILES

7.1 Bloom Energy
  7.1.1 Company Overview
  7.1.2 Product Benchmarking
  7.1.3 Financial Performance
  7.1.4 Strategic Initiatives
7.2 Mitsubishi Power, Ltd.
  7.2.1 Company Overview
  7.2.2 Product Benchmarking
  7.2.3 Financial Performance
  7.2.4 Strategic Initiatives
7.3 Ceres
  7.3.1 Company Overview
  7.3.2 Product Benchmarking
  7.3.3 Financial Performance
  7.3.4 Strategic Initiatives
7.4 Cummins Inc.
  7.4.1 Company Overview
  7.4.2 Product Benchmarking
  7.4.3 Financial Performance
  7.4.4 Strategic Initiatives
7.5 GENERAL ELECTRIC
  7.5.1 Company Overview
  7.5.2 Product Benchmarking
  7.5.3 Financial Performance
7.6 FuelCell Energy, Inc.
  7.6.1 Company Overview
  7.6.2 Product Benchmarking
  7.6.3 Financial Performance
  7.6.4 Strategic Initiatives
7.7 Ningbo SOFCMAN Energy
  7.7.1 Company Overview
  7.7.2 Product Benchmarking
7.8 AVL
  7.8.1 Company Overview
  7.8.2 Product Benchmarking
  7.8.3 Strategic Initiatives
7.9 NGK SPARK PLUG CO., LTD.
  7.9.1 Company Overview
  7.9.2 Product Benchmarking
7.10 KYOCERA Corporation
  7.10.1 Company Overview
  7.10.2 Product Benchmarking
  7.10.3 Financial Performance
7.11 Watt Fuel Cell Corporation
  7.11.1 Company Overview
  7.11.2 Product Benchmarking
  7.11.3 Strategic Initiatives
LIST OF TABLES


Table 1 Energy Conversion Efficiencies for less than 10 KW
Table 2 Generation Technologies for Capacities More Than 10 KW
Table 3 China’s fuel cell policies with associated measures taken by respective departments
Table 4 Japan energy policies
Table 5 Global SOFC market estimates and forecasts, by stationary application, 2019 - 2030 (Thousand Units) (kW) (USD Million)
Table 6 Global SOFC market estimates and forecasts, by transportation application, 2019 - 2030 (Thousand Units) (kW) (USD Million)
Table 7 Global SOFC market estimates and forecasts, by portable application, 2019 - 2030 (Thousand Units) (kW) (USD Million)
Table 8 North America SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 9 North America SOFC market capacity, by application, 2019 - 2030 (kW)
Table 10 North America SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 11 U.S. SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 12 U.S. SOFC market capacity, by application, 2019 - 2030 (kW)
Table 13 U.S. SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 14 Europe SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 15 Europe SOFC market capacity, by application, 2019 - 2030 (kW)
Table 16 Europe SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 17 Germany SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 18 Germany SOFC market capacity, by application, 2019 - 2030 (kW)
Table 19 Germany SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 20 France SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 21 France SOFC market capacity, by application, 2019 - 2030 (kW)
Table 22 France SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 23 UK SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 24 UK SOFC market capacity, by application, 2019 - 2030 (kW)
Table 25 UK SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 26 Asia Pacific SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 27 Asia Pacific SOFC market capacity, by application, 2019 - 2030 (kW)
Table 28 Asia Pacific SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 29 China SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 30 China SOFC market capacity, by application, 2019 - 2030 (kW)
Table 31 China SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 32 Japan SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 33 Japan SOFC market capacity, by application, 2019 - 2030 (kW)
Table 34 Japan SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 35 South Korea SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 36 South Korea SOFC market capacity, by application, 2019 - 2030 (kW)
Table 37 South Korea SOFC market revenue, by application, 2019 - 2030 (USD Million)
Table 38 Rest of World SOFC market volume, by application, 2019 - 2030 (Thousand Units)
Table 39 Rest of World SOFC market capacity, by application, 2019 - 2030 (kW)
Table 40 Rest of World SOFC market revenue, by application, 2019 - 2030 (USD Million)
LIST OF FIGURES


Fig. 1 Market research end-use
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 QFD modeling for market share assessment
Fig. 6 Information Textile
Fig. 7 Market Formulation and Validation
Fig. 8 Data Validating & Publishing
Fig. 9 Market Segmentation & Scope
Fig. 10 Sodium Chlorite Market Snapshot
Fig. 11 Segment Snapshot (1/2)
Fig. 12 Segment Snapshot (2/2)
Fig. 13 Competitive Landscape Snapshot
Fig. 14 Chemicals market outlook
Fig. 15 Sodium Chlorite Market Value, 2023 (USD Million)
Fig. 16 Sodium Chlorite Market - Value Chain Analysis
Fig. 17 Sodium Chlorite Market - Price Trend Analysis 2018 - 2030 (USD/Kg)
Fig. 18 Sodium Chlorite Market - Market Dynamics
Fig. 19 Sodium Chlorite Market - PORTER’s Analysis
Fig. 20 Sodium Chlorite Market - PESTEL Analysis
Fig. 21 Sodium Chlorite Market Estimates & Forecasts, By Application: Key Takeaways
Fig. 22 Sodium Chlorite Market Share, By Application, 2023 & 2030
Fig. 23 Sodium Chlorite Market Estimates & Forecasts in Disinfectant, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 24 Sodium Chlorite Market Estimates & Forecasts in Antimicrobial Agent, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 25 Sodium Chlorite Market Estimates & Forecasts in Bleaching Agent, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 26 Sodium Chlorite Market Estimates & Forecasts in Other Applications, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 27 Sodium Chlorite Market Estimates & Forecasts, By End Use: Key Takeaways
Fig. 28 Sodium Chlorite Market Share, By End Use, 2023 & 2030
Fig. 29 Sodium Chlorite Market Estimates & Forecasts, in Water treatment, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 30 Sodium Chlorite Market Estimates & Forecasts, in Paper, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 31 Sodium Chlorite Market Estimates & Forecasts, in Textile, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 32 Sodium Chlorite Market Estimates & Forecasts, in Medical, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 33 Sodium Chlorite Market Estimates & Forecasts, in Other End Uses, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 34 Sodium Chlorite Market Revenue, By Region, 2023 & 2030 (USD Million)
Fig. 35 North America Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 36 U.S. Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 37 Canada Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 38 Mexico Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 39 Europe Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 40 Germany Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 41 UK Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 42 France Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 43 Italy Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 44 Spain Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 45 Asia Pacific Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 46 China Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 47 India Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 48 Japan Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 49 South Korea Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 50 Central & South America Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 51 Brazil Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 52 Argentina Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 53 Middle East & Africa Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 54 Saudi Arabia Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 55 South Africa Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 56 UAE Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 57 Kuwait Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 58 Qatar Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 59 Oman Sodium Chlorite Market Estimates & Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Fig. 60 Key Company Categorization
Fig. 61 Company Market Positioning
Fig. 62 Key Company Market Share Analysis, 2023
Fig. 63 Strategy Mapping


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