Solid Oxide Fuel Cells (SOFCs): Market Research Report

Date: January 3, 2017
Pages: 179
Price:
US$ 4,950.00
Publisher: Global Industry Analysts, Inc
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: S2E7DD0E75CEN
Leaflet:

Download PDF Leaflet

Solid Oxide Fuel Cells (SOFCs): Market Research Report
This report analyzes the worldwide markets for Solid Oxide Fuel Cells (SOFCs) in US$ Thousand. The Global market is further analyzed by the following Applications: Remote Power & Auxiliary Power Units, Combined Heat & Power, and Others. The report provides separate comprehensive analytics for the US, Canada, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022.

Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 35 companies including many key and niche players such as -
  • Adelan Ltd.
  • Atrex Energy, Inc.
  • Bloom Energy Corporation
  • Ceres Power Limited
  • Convion Ltd.
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Fuel Cells – A Rudimentary Overview

Table 1. Global Fuel Cells Market (2016): Percentage Share Breakdown of Unit Shipments for North America, Europe, Asia and Rest of World (includes corresponding Graph/Chart)
Table 2. Global Fuel Cells Market (2016): Percentage Share Breakdown of Capacity Shipped by Region (includes corresponding Graph/Chart)
Table 3. Global Fuel Cells Market (2016): Percentage Share Breakdown of Unit Shipments by End-use Application Segments (includes corresponding Graph/Chart)
Table 4. Global Fuel Cells Market (2016): Percentage Share Breakdown of Capacity Shipped by End-Use Applications (includes corresponding Graph/Chart)

Solid Oxide Fuel Cells - A Curtain Raiser
Collaborative Effort – Key to Successful Commercialization
Present Levels of Commercialization
Impact of Economic Turmoil on Fuel Cells Market in the Recent Past
Outlook

2. FUEL CELLS – AN OVERVIEW

Changing Energy Industry
Fuel Cells – Evolution
Recent Surge in Commercialization
Developed Markets at the Vanguard, Emerging Regions Gather Pace
Whimsical Visions of an All-Hydrogen Economy Drives Interest in Fuel Cells
Manufacturers Expand Production Hubs to New Shores
Fuel Cell Manufacturers Foray into Newer Segments
Fuel Cell Majors Snap Up Critical Component Vendors
Cost: A Herculean Challenge
Surface Area of Components: A Major Issue
Miniaturization: A Major Challenge in Designing Portable Fuel Cells
Inadequate Infrastructure & Lack of Customer Confidence

3. NOTEWORTHY TRENDS, GROWTH DRIVERS & ISSUES

SOFCs Takes On Competition from Market Leader PEMFC Head On
Growing Focus on Environmental Protection to Drive Adoption of SOFCs in Power & Transportation Sector
Growing Demand for Electricity Driving Demand for SOFCs in Power Sector

Table 5. Global Electricity Consumption (2011-2014): Yearly Breakdown of Electricity Consumption by Geographic Region (in Billion kWh) (includes corresponding Graph/Chart)
Table 6. Global Electricity Consumption (2014): Percentage Share Breakdown of Estimated Electricity Consumption for Select Nations (includes corresponding Graph/Chart)

SOFCs Gather Momentum in Stationary Cogeneration/CHP Deployments
SOFCs: Ideal for Distributed Power Generation
Growing Focus on Renewable Energy to Add to Market Demand for SOFCs
Positive Outlook for Fuel Cell Integrated Residential CHPs
Efforts in Full Swing to Make SOFC a Mainstream Technology for APU in Automobiles
Factors Indicating Potential Opportunity for SOFCs in Heavy-Duty Trucks and Refrigerated Transport Vehicles
Growing Production of Commercial Vehicles
Rising Demand for Refrigerated Vehicles

Table 7. Global Market for Road Transport Refrigeration Equipment: Annual Sales Figures in US$ Billion Years 2015, 2018 & 2022 (includes corresponding Graph/Chart)
Table 8. Global Market for Road Transport Refrigeration Equipment: Compounded Annual Growth Rates (in %) of Annual Dollar Sales Figures by Country/Region for Period 2015-2022 (includes corresponding Graph/Chart)

Opportunities in Military & Defense Sector
SOFCs Make Perfect Sense for Mobile Networks
The Role of the Government in Driving the Market’s Future
Favorable Government Policies Remain Critical to Success
Investments Pour In, Promising to Expand the Industry’s Scope
Planar SOFC Remains the Dominant SOFC Technology in the Market
SOFCs: A Technology of Interest to Developed Countries
Japan – A Unique Case of Environment Driven and Energy Driven Market
Developing Nations Set to Follow Developed Markets in Adoption of SOFCs
China on the Verge of a Fuel Cell Boom
Technological Developments Widen Scope of Applications for SOFCs
Technological Innovations Promise to Revolutionize SOFC Manufacturing
Nano Coatings Emerge as Means to Enhance Durability of SOFC
SOFC Demand Not Disruptive to Supplies of Rare Earth Elements
Conventional Power Companies Vie for the SOFC Pie…

4. TECHNOLOGICAL ADVANCEMENTS

Scientists Develop Mini Cells that Power Drones to Fly for More Than an Hour
Development of Electrodes for Advanced Solid Oxide Fuel Cells
NASA Bets Big on SOFCs for Future Space Missions
Emerging Trends in Electrode Engineering Techniques
Future Perspectives for SOFC Technology
Fuel Cell Technology for Marine Applications
SOFC Companies Take Small but Sure Strides
Ebersprächer
Delphi
Eclogen
AVL
Ultra Electronics AMI
Protonex

5. FUEL CELLS AND SOFCS: A TECHNOLOGY FREEZE FRAME

Evolution of Fuel Cells
Solid Oxide Fuel Cell (SOFC)
Comparative Analysis of Fuel Cell Technologies
Technical Features
Major Application Areas for Various Fuel Cell Technologies
Solid Oxide Fuel Cell (SOFC) Technology
Advantages
Pollution Index
Pitfalls
High Manufacturing Costs
High Operating Temperature
A Working Model of a SOFC
1. REDUCTION OF OXYGEN INTO NEGATIVELY CHARGED OXYGEN IONS (O2-) AT CATHODE
2. CONDUCTION NEGATIVELY CHARGED OXYGEN IONS THROUGH ELECTROLYTE
3. OXIDATION OF HYDROGEN AT ANODE
Architectural Dynamics
Components of SOFCs
Cathode
Electrolyte
Anode
Interconnect
SOFC Component Materials & Properties
Yttria Stabilized Zirconia
Nickel
Strontium Doped Lanthanum Magnetite
Lanthanum Chromite
SOFCs: An Evolution Scan
Types of SOFCs
Classification by Design
Planar SOFCs
Electrolyte-Supported Planar SOFCs
Electrode-Supported or Anode-Supported Planar SOFCs
Drawbacks
Tubular SOFCs
What’s More Popular – Planar or Tubular?
Classification by Operating Temperatures
High Temperature SOFCs
Advantages
Disadvantages
Intermediate Temperature SOFC
The Math of Reducing Operating Temperature
Other Implications
Research Focus
Advantages of Reducing Operating Temperatures
Disadvantages of Reducing Operating Temperatures
Applications of SOFCs
Stationary Power Applications
Standalone Power Generator
Transportation
The PEMFC Edge
Mobile Electronic Equipment/Portable Energy Applications
Space & Military
What Makes SOFCs Such a Cherished Technology?
What’s in the Material?
Lanthanum Chromite: A Possible Material for Interconnects
Solid Oxide Regenerative Fuel Cells (SORFC)
Other Competing Technologies
Alkaline Fuel Cell (AFC)
Phosphoric Acid Fuel Cell (PAFC)
Solid Polymer or Proton Exchange Membrane Fuel Cell (PEM)
Direct Methanol Fuel Cell (DMFC)
Molten Carbonate Fuel Cell (MCFC)

6. RECENT INDUSTRY ACTIVITY

FuelCell Energy, Inc. Signs MoU with POSCO Energy (SOUTH KOREA)
SOLIDpower Group signs MoU with KEPCO Korea Electric Power Corporation
FuelCell Energy, Inc. Cost-Share Agreement with the US Department of Energy
Nissan and Ceres Power Sign Deal for Development of Alternative Fuel Cells
SOLIDpower and CCTC Sign Licensing Agreement
Acumentrics SOFC Changes Name to Atrex Energy
Dominovas Energy Launches RUBICON SOFC system in Johannesburg
sunfire Supplies Reversible Solid Oxide Electrolyser/Fuel Cell System to Boeing
Ballard Acquires Protonex Technology
NexTech Materials Changes Name to Nexceris LLC
NexTech Materials Bags Methane/Oxygen Fuel Cell System from NASA
Ceramic Fuel Cells Files for Bankruptcy
NexTech Materials Bags SOFC Stack Technology Contract from the US Army
FuelCell Energy Bags Contract from the U. S. Department of Energy for SOFC Development
Dominovas Energy Signs MoU with Delphi for SOFC Technology
Topsoe Fuel Cell A/S to Cease Operations
GE Global Research Begins Construction of Pilot Plant for SOFC Manufacturing
Bloom Deploys Bloom Energy Servers for Department of Defense
Bloom Energy Surcharge Declines for Month of June
Ceres Finalizes Agreement for Collaboration with Cummins Power Generation Inc
WATT Fuel Cell Corp. Completes Acquisition of Pittsburgh Electric Engines, Inc.

7. FOCUS ON SELECT GLOBAL PLAYERS

Adelan Ltd. (UK)
Atrex Energy, Inc. (USA)
Bloom Energy Corporation (USA)
Ceres Power Limited (UK)
Convion Ltd. (Finland)
Delphi Automotive PLC (UK)
Elcogen AS (Estonia)
FuelCell Energy, Inc. (USA)
Versa Power Systems, Inc. (USA)
Hexis AG (Switzerland)
LG Fuel Cell Systems Inc. (USA)
Nexceris LLC (USA)
Protonex Technology Corporation (USA)
sunfire GmbH (Germany)
Toto Ltd. (Japan)
Ultra Electronics AMI (USA)
ZTEK Corporation, Inc. (USA)

8. GLOBAL MARKET PERSPECTIVE

Table 9. World Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - US, Canada, Europe, Asia-Pacific and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 10. World 7-Year Perspective for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - Percentage Breakdown of Revenues for US, Canada, Europe, Asia-Pacific and Rest of World Markets for Years 2016 & 2022 (includes corresponding Graph/Chart)
Table 11. World Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) by Application - Remote Power & Auxiliary Power Units (APUs), Combined Heat & Power (CHP) and Others Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 12. World 7-Year Perspective for Solid Oxide Fuel Cells (SOFCs) by Application - Percentage Breakdown of Revenues for Remote Power & Auxiliary Power Units (APUs), Combined Heat & Power (CHP) and Others Markets for Years 2016 & 2022 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Outlook
Market Drivers In a Capsule
Market Inhibitors In a Capsule
Major Trends
Stationary Power Application: The Largest End-Use Market
SOFC: Popular With Traditional Power Giants…
SOFC Benefits from the Power Hungry Population…
Clampdown on Pollution Encourages Technological Shift…
Government Backing Speeds Up Commercialization Process…
Strong Economy Leads to Faster Penetration/Adaptation…
The Shadow of Competition Grows Longer
An Unstructured Retail Space
Major Programs for Fuel Cell and Hydrogen Storage at a Glance
SECA: A Unique Initiative
Core Technology Program Members of SECA SOFC Program
NETL Funding – A Snapshot
US DOE Cuts Spending on Fuel Cell Research
Strategic Corporate Developments
Select Players
B. Market Analytics

Table 13. US Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2020 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Outlook
Major Programs for Fuel Cell and Hydrogen Storage at a Glance
B. Market Analytics

Table 14. Canadian Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

3. EUROPE

A. Market Analysis
Outlook
A Primer
Major Programs Taken Up for Fuel Cell and Hydrogen Storage Over the Years at a Glance
Major Trends
Stationary SOFC Systems on the Upward Trajectory
High Costs: A Major Issue
Mixed Results for Micro-CHPs in Europe
B. Market Analytics

Table 15. European Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - France, Germany, Italy, UK, and Rest of Europe Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 16. European 7-Year Perspective for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - Percentage Breakdown of Revenues for France, Germany, Italy, UK, and Rest of Europe Markets for Years 2016 & 2022 (includes corresponding Graph/Chart)

3A. FRANCE

A. Market Analysis
Outlook
B. Market Analytics

Table 17. French Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

3B. GERMANY

A. Market Analysis
Outlook
Major Programs for Fuel Cell and Hydrogen Storage at a Glance
Snapshot of Germany’s Callux Micro-CHP Field Trial
Sunfire Gmbh – A Key German Player
B. Market Analytics

Table 18. German Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

3C. ITALY

A. Market Analysis
Outlook
B. Market Analytics

Table 19. Italian Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

3D. THE UNITED KINGDOM

A. Market Analysis
Outlook
Major Programs for Fuel Cell and Hydrogen Storage at a Glance
Strategic Corporate Development
Select Players
B. Market Analytics

Table 20. UK Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

3E. REST OF EUROPE

A. Market Analysis
Outlook
Major Programs for Fuel Cell and Hydrogen Storage at a Glance
Strategic Corporate Development
Select Players
B. Market Analytics

Table 21. Rest of Europe Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

4. ASIA-PACIFIC

A. Market Analysis
Asia Pacific Fuel Cell Market Set for Stellar Growth
Overview of Select Markets
Japanese Market - A Primer
SOFC Market Drivers in Japan
History of Fuel Cell Innovation in Japan
Bird’s Eye View of Government’s Fuel Cell Projects
NEDO’s SOFC Initiatives
SOFC Types Under Development in NEDO Program

Table 22. SOFC Unit Installations Completed Under NEDO Program

ENE-FARM Project

Table 23. Japanese Government Subsidies for ENE-FARM Residential CHP Unit Installations (2009-2012) (includes corresponding Graph/Chart)

Major Programs for Fuel Cell and Hydrogen Storage at a Glance
Market Trends
Sales of Micro-CHPs Surge in Japan Following Tsunami
DRSOFC’s Residential SOFC Units Slow to Take off
Kyushu – Japan’s Fuel Cell Center…
Japan Lures Foreign Investments…
South Korea
South Korean Government Nurtures Fuel Cell Economy
Green Home Project
Fuel Cell Technology Development Roadmap
Other Government Programs
Chinese Market – A Review
Solid Oxide Fuel Cell Market in China has a Long Way to Go
Chinese Fuel Cell & Hydrogen Economy Yet to Bloom
Chinese Telecom Backup Market – A Hotspot for Fuel Cells
Government Programs over the Years
India - Moving Towards Fuel Cell Technology
Australia
Strategic Corporate Developments
Toto Ltd. – A Key Japanese Player
B. Market Analytics

Table 24. Asia-Pacific Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

5. REST OF WORLD

A. Market Analysis
A Primer
Outlook
Africa – An Overview
Major Programs for Fuel Cell and Hydrogen Storage at a Glance
Rising Adoption of Fuel Cell Technology in the Middle East
Strategic Corporate Development
B. Market Analytics

Table 25. Rest of World Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2022 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 35 (including Divisions/Subsidiaries - 36)
The United States (16)
Japan (5)
Europe (13)
  Germany (2)
  The United Kingdom (3)
  Italy (1)
  Rest of Europe (7)
Asia-Pacific (Excluding Japan) (2)
Skip to top


Ask Your Question

Solid Oxide Fuel Cells (SOFCs): Market Research Report
Company name*:
Contact person*:
Phone/fax*:
Email*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: