Global SOFC Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global SOFC Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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Published Date: 15 Jan 2023

Category: Energy & Power

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

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.

According to our (Global Info Research) latest study, the global SOFC market size was valued at USD 602 million in 2022 and is forecast to a readjusted size of USD 1227.9 million by 2029 with a CAGR of 10.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Solid oxide fuel cells are emission free power sources, which run on electrochemical conversion reactions. SOFC use ceramic electrolytes that are hard and non-porous in nature. As the electrolyte is a solid, the cells are not necessarily constructed in a plate-like configuration as seen in Others fuel cell types. Electrical efficiency provided is around 50% to 60%. In applications designed to capture and utilize the system's waste heat (cogeneration), the overall fuel use efficiency could top 80% to 85% and operate at very high temperatures of around 1,000°C (1,830°F). The unique properties of solid oxide fuel cell such as portability, long-term stability, easy fuel selection, and emission-free power serve this requirement. These cells have vast applications, with military applications expecting the highest growth. Planar SOFC has been identified to be the dominating fuel cell in the market for its versatility. Asia-Pacific is the leading market for SOFC with Japan and South Korea dominating the region.

This report is a detailed and comprehensive analysis for global SOFC market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global SOFC market size and forecasts, in consumption value ($ Million), sales quantity (KW), and average selling prices (USD/KW), 2018-2029
Global SOFC market size and forecasts by region and country, in consumption value ($ Million), sales quantity (KW), and average selling prices (USD/KW), 2018-2029
Global SOFC market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (KW), and average selling prices (USD/KW), 2018-2029
Global SOFC market shares of main players, shipments in revenue ($ Million), sales quantity (KW), and ASP (USD/KW), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for SOFC
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global SOFC market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bloom Energy, FuelCell Energy, Aisin Seiki, Siemens Energy and Protonex, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
SOFC market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Planar
Tubular
Others

Market segment by Application
Transportation
Military
Others

Major players covered
Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SOFC product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SOFC, with price, sales, revenue and global market share of SOFC from 2018 to 2023.
Chapter 3, the SOFC competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SOFC breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and SOFC market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of SOFC.
Chapter 14 and 15, to describe SOFC sales channel, distributors, customers, research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of SOFC
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global SOFC Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Planar
1.3.3 Tubular
1.3.4 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global SOFC Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Transportation
1.4.3 Military
1.4.4 Others
1.5 Global SOFC Market Size & Forecast
1.5.1 Global SOFC Consumption Value (2018 & 2022 & 2029)
1.5.2 Global SOFC Sales Quantity (2018-2029)
1.5.3 Global SOFC Average Price (2018-2029)

2 Manufacturers Profiles
2.1 Bloom Energy
2.1.1 Bloom Energy Details
2.1.2 Bloom Energy Major Business
2.1.3 Bloom Energy SOFC Product and Services
2.1.4 Bloom Energy SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Bloom Energy Recent Developments/Updates
2.2 FuelCell Energy
2.2.1 FuelCell Energy Details
2.2.2 FuelCell Energy Major Business
2.2.3 FuelCell Energy SOFC Product and Services
2.2.4 FuelCell Energy SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 FuelCell Energy Recent Developments/Updates
2.3 Aisin Seiki
2.3.1 Aisin Seiki Details
2.3.2 Aisin Seiki Major Business
2.3.3 Aisin Seiki SOFC Product and Services
2.3.4 Aisin Seiki SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Aisin Seiki Recent Developments/Updates
2.4 Siemens Energy
2.4.1 Siemens Energy Details
2.4.2 Siemens Energy Major Business
2.4.3 Siemens Energy SOFC Product and Services
2.4.4 Siemens Energy SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Siemens Energy Recent Developments/Updates
2.5 Protonex
2.5.1 Protonex Details
2.5.2 Protonex Major Business
2.5.3 Protonex SOFC Product and Services
2.5.4 Protonex SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Protonex Recent Developments/Updates
2.6 LG Fuel Cell Systems
2.6.1 LG Fuel Cell Systems Details
2.6.2 LG Fuel Cell Systems Major Business
2.6.3 LG Fuel Cell Systems SOFC Product and Services
2.6.4 LG Fuel Cell Systems SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 LG Fuel Cell Systems Recent Developments/Updates
2.7 Acumentrics
2.7.1 Acumentrics Details
2.7.2 Acumentrics Major Business
2.7.3 Acumentrics SOFC Product and Services
2.7.4 Acumentrics SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Acumentrics Recent Developments/Updates
2.8 Delphi Corp
2.8.1 Delphi Corp Details
2.8.2 Delphi Corp Major Business
2.8.3 Delphi Corp SOFC Product and Services
2.8.4 Delphi Corp SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Delphi Corp Recent Developments/Updates
2.9 ZTEK Corporation
2.9.1 ZTEK Corporation Details
2.9.2 ZTEK Corporation Major Business
2.9.3 ZTEK Corporation SOFC Product and Services
2.9.4 ZTEK Corporation SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 ZTEK Corporation Recent Developments/Updates
2.10 Redox Power Systems
2.10.1 Redox Power Systems Details
2.10.2 Redox Power Systems Major Business
2.10.3 Redox Power Systems SOFC Product and Services
2.10.4 Redox Power Systems SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Redox Power Systems Recent Developments/Updates

3 Competitive Environment: SOFC by Manufacturer
3.1 Global SOFC Sales Quantity by Manufacturer (2018-2023)
3.2 Global SOFC Revenue by Manufacturer (2018-2023)
3.3 Global SOFC Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of SOFC by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 SOFC Manufacturer Market Share in 2022
3.4.2 Top 6 SOFC Manufacturer Market Share in 2022
3.5 SOFC Market: Overall Company Footprint Analysis
3.5.1 SOFC Market: Region Footprint
3.5.2 SOFC Market: Company Product Type Footprint
3.5.3 SOFC Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
4.1 Global SOFC Market Size by Region
4.1.1 Global SOFC Sales Quantity by Region (2018-2029)
4.1.2 Global SOFC Consumption Value by Region (2018-2029)
4.1.3 Global SOFC Average Price by Region (2018-2029)
4.2 North America SOFC Consumption Value (2018-2029)
4.3 Europe SOFC Consumption Value (2018-2029)
4.4 Asia-Pacific SOFC Consumption Value (2018-2029)
4.5 South America SOFC Consumption Value (2018-2029)
4.6 Middle East and Africa SOFC Consumption Value (2018-2029)

5 Market Segment by Type
5.1 Global SOFC Sales Quantity by Type (2018-2029)
5.2 Global SOFC Consumption Value by Type (2018-2029)
5.3 Global SOFC Average Price by Type (2018-2029)

6 Market Segment by Application
6.1 Global SOFC Sales Quantity by Application (2018-2029)
6.2 Global SOFC Consumption Value by Application (2018-2029)
6.3 Global SOFC Average Price by Application (2018-2029)

7 North America
7.1 North America SOFC Sales Quantity by Type (2018-2029)
7.2 North America SOFC Sales Quantity by Application (2018-2029)
7.3 North America SOFC Market Size by Country
7.3.1 North America SOFC Sales Quantity by Country (2018-2029)
7.3.2 North America SOFC Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
8.1 Europe SOFC Sales Quantity by Type (2018-2029)
8.2 Europe SOFC Sales Quantity by Application (2018-2029)
8.3 Europe SOFC Market Size by Country
8.3.1 Europe SOFC Sales Quantity by Country (2018-2029)
8.3.2 Europe SOFC Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
9.1 Asia-Pacific SOFC Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific SOFC Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific SOFC Market Size by Region
9.3.1 Asia-Pacific SOFC Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific SOFC Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
10.1 South America SOFC Sales Quantity by Type (2018-2029)
10.2 South America SOFC Sales Quantity by Application (2018-2029)
10.3 South America SOFC Market Size by Country
10.3.1 South America SOFC Sales Quantity by Country (2018-2029)
10.3.2 South America SOFC Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
11.1 Middle East & Africa SOFC Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa SOFC Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa SOFC Market Size by Country
11.3.1 Middle East & Africa SOFC Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa SOFC Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
12.1 SOFC Market Drivers
12.2 SOFC Market Restraints
12.3 SOFC Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
13.1 Raw Material of SOFC and Key Manufacturers
13.2 Manufacturing Costs Percentage of SOFC
13.3 SOFC Production Process
13.4 SOFC Industrial Chain

14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 SOFC Typical Distributors
14.3 SOFC Typical Customers

15 Research Findings and Conclusion

16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global SOFC Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global SOFC Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Bloom Energy Basic Information, Manufacturing Base and Competitors
Table 4. Bloom Energy Major Business
Table 5. Bloom Energy SOFC Product and Services
Table 6. Bloom Energy SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 7. Bloom Energy Recent Developments/Updates
Table 8. FuelCell Energy Basic Information, Manufacturing Base and Competitors
Table 9. FuelCell Energy Major Business
Table 10. FuelCell Energy SOFC Product and Services
Table 11. FuelCell Energy SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 12. FuelCell Energy Recent Developments/Updates
Table 13. Aisin Seiki Basic Information, Manufacturing Base and Competitors
Table 14. Aisin Seiki Major Business
Table 15. Aisin Seiki SOFC Product and Services
Table 16. Aisin Seiki SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 17. Aisin Seiki Recent Developments/Updates
Table 18. Siemens Energy Basic Information, Manufacturing Base and Competitors
Table 19. Siemens Energy Major Business
Table 20. Siemens Energy SOFC Product and Services
Table 21. Siemens Energy SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 22. Siemens Energy Recent Developments/Updates
Table 23. Protonex Basic Information, Manufacturing Base and Competitors
Table 24. Protonex Major Business
Table 25. Protonex SOFC Product and Services
Table 26. Protonex SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 27. Protonex Recent Developments/Updates
Table 28. LG Fuel Cell Systems Basic Information, Manufacturing Base and Competitors
Table 29. LG Fuel Cell Systems Major Business
Table 30. LG Fuel Cell Systems SOFC Product and Services
Table 31. LG Fuel Cell Systems SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 32. LG Fuel Cell Systems Recent Developments/Updates
Table 33. Acumentrics Basic Information, Manufacturing Base and Competitors
Table 34. Acumentrics Major Business
Table 35. Acumentrics SOFC Product and Services
Table 36. Acumentrics SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 37. Acumentrics Recent Developments/Updates
Table 38. Delphi Corp Basic Information, Manufacturing Base and Competitors
Table 39. Delphi Corp Major Business
Table 40. Delphi Corp SOFC Product and Services
Table 41. Delphi Corp SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 42. Delphi Corp Recent Developments/Updates
Table 43. ZTEK Corporation Basic Information, Manufacturing Base and Competitors
Table 44. ZTEK Corporation Major Business
Table 45. ZTEK Corporation SOFC Product and Services
Table 46. ZTEK Corporation SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 47. ZTEK Corporation Recent Developments/Updates
Table 48. Redox Power Systems Basic Information, Manufacturing Base and Competitors
Table 49. Redox Power Systems Major Business
Table 50. Redox Power Systems SOFC Product and Services
Table 51. Redox Power Systems SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 52. Redox Power Systems Recent Developments/Updates
Table 53. Global SOFC Sales Quantity by Manufacturer (2018-2023) & (KW)
Table 54. Global SOFC Revenue by Manufacturer (2018-2023) & (USD Million)
Table 55. Global SOFC Average Price by Manufacturer (2018-2023) & (USD/KW)
Table 56. Market Position of Manufacturers in SOFC, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 57. Head Office and SOFC Production Site of Key Manufacturer
Table 58. SOFC Market: Company Product Type Footprint
Table 59. SOFC Market: Company Product Application Footprint
Table 60. SOFC New Market Entrants and Barriers to Market Entry
Table 61. SOFC Mergers, Acquisition, Agreements, and Collaborations
Table 62. Global SOFC Sales Quantity by Region (2018-2023) & (KW)
Table 63. Global SOFC Sales Quantity by Region (2024-2029) & (KW)
Table 64. Global SOFC Consumption Value by Region (2018-2023) & (USD Million)
Table 65. Global SOFC Consumption Value by Region (2024-2029) & (USD Million)
Table 66. Global SOFC Average Price by Region (2018-2023) & (USD/KW)
Table 67. Global SOFC Average Price by Region (2024-2029) & (USD/KW)
Table 68. Global SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 69. Global SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 70. Global SOFC Consumption Value by Type (2018-2023) & (USD Million)
Table 71. Global SOFC Consumption Value by Type (2024-2029) & (USD Million)
Table 72. Global SOFC Average Price by Type (2018-2023) & (USD/KW)
Table 73. Global SOFC Average Price by Type (2024-2029) & (USD/KW)
Table 74. Global SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 75. Global SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 76. Global SOFC Consumption Value by Application (2018-2023) & (USD Million)
Table 77. Global SOFC Consumption Value by Application (2024-2029) & (USD Million)
Table 78. Global SOFC Average Price by Application (2018-2023) & (USD/KW)
Table 79. Global SOFC Average Price by Application (2024-2029) & (USD/KW)
Table 80. North America SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 81. North America SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 82. North America SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 83. North America SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 84. North America SOFC Sales Quantity by Country (2018-2023) & (KW)
Table 85. North America SOFC Sales Quantity by Country (2024-2029) & (KW)
Table 86. North America SOFC Consumption Value by Country (2018-2023) & (USD Million)
Table 87. North America SOFC Consumption Value by Country (2024-2029) & (USD Million)
Table 88. Europe SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 89. Europe SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 90. Europe SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 91. Europe SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 92. Europe SOFC Sales Quantity by Country (2018-2023) & (KW)
Table 93. Europe SOFC Sales Quantity by Country (2024-2029) & (KW)
Table 94. Europe SOFC Consumption Value by Country (2018-2023) & (USD Million)
Table 95. Europe SOFC Consumption Value by Country (2024-2029) & (USD Million)
Table 96. Asia-Pacific SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 97. Asia-Pacific SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 98. Asia-Pacific SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 99. Asia-Pacific SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 100. Asia-Pacific SOFC Sales Quantity by Region (2018-2023) & (KW)
Table 101. Asia-Pacific SOFC Sales Quantity by Region (2024-2029) & (KW)
Table 102. Asia-Pacific SOFC Consumption Value by Region (2018-2023) & (USD Million)
Table 103. Asia-Pacific SOFC Consumption Value by Region (2024-2029) & (USD Million)
Table 104. South America SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 105. South America SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 106. South America SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 107. South America SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 108. South America SOFC Sales Quantity by Country (2018-2023) & (KW)
Table 109. South America SOFC Sales Quantity by Country (2024-2029) & (KW)
Table 110. South America SOFC Consumption Value by Country (2018-2023) & (USD Million)
Table 111. South America SOFC Consumption Value by Country (2024-2029) & (USD Million)
Table 112. Middle East & Africa SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 113. Middle East & Africa SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 114. Middle East & Africa SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 115. Middle East & Africa SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 116. Middle East & Africa SOFC Sales Quantity by Region (2018-2023) & (KW)
Table 117. Middle East & Africa SOFC Sales Quantity by Region (2024-2029) & (KW)
Table 118. Middle East & Africa SOFC Consumption Value by Region (2018-2023) & (USD Million)
Table 119. Middle East & Africa SOFC Consumption Value by Region (2024-2029) & (USD Million)
Table 120. SOFC Raw Material
Table 121. Key Manufacturers of SOFC Raw Materials
Table 122. SOFC Typical Distributors
Table 123. SOFC Typical Customers
List of Figures
Figure 1. SOFC Picture
Figure 2. Global SOFC Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global SOFC Consumption Value Market Share by Type in 2022
Figure 4. Planar Examples
Figure 5. Tubular Examples
Figure 6. Others Examples
Figure 7. Global SOFC Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 8. Global SOFC Consumption Value Market Share by Application in 2022
Figure 9. Transportation Examples
Figure 10. Military Examples
Figure 11. Others Examples
Figure 12. Global SOFC Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 13. Global SOFC Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 14. Global SOFC Sales Quantity (2018-2029) & (KW)
Figure 15. Global SOFC Average Price (2018-2029) & (USD/KW)
Figure 16. Global SOFC Sales Quantity Market Share by Manufacturer in 2022
Figure 17. Global SOFC Consumption Value Market Share by Manufacturer in 2022
Figure 18. Producer Shipments of SOFC by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
Figure 19. Top 3 SOFC Manufacturer (Consumption Value) Market Share in 2022
Figure 20. Top 6 SOFC Manufacturer (Consumption Value) Market Share in 2022
Figure 21. Global SOFC Sales Quantity Market Share by Region (2018-2029)
Figure 22. Global SOFC Consumption Value Market Share by Region (2018-2029)
Figure 23. North America SOFC Consumption Value (2018-2029) & (USD Million)
Figure 24. Europe SOFC Consumption Value (2018-2029) & (USD Million)
Figure 25. Asia-Pacific SOFC Consumption Value (2018-2029) & (USD Million)
Figure 26. South America SOFC Consumption Value (2018-2029) & (USD Million)
Figure 27. Middle East & Africa SOFC Consumption Value (2018-2029) & (USD Million)
Figure 28. Global SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 29. Global SOFC Consumption Value Market Share by Type (2018-2029)
Figure 30. Global SOFC Average Price by Type (2018-2029) & (USD/KW)
Figure 31. Global SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 32. Global SOFC Consumption Value Market Share by Application (2018-2029)
Figure 33. Global SOFC Average Price by Application (2018-2029) & (USD/KW)
Figure 34. North America SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 35. North America SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 36. North America SOFC Sales Quantity Market Share by Country (2018-2029)
Figure 37. North America SOFC Consumption Value Market Share by Country (2018-2029)
Figure 38. United States SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 39. Canada SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 40. Mexico SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 41. Europe SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 42. Europe SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 43. Europe SOFC Sales Quantity Market Share by Country (2018-2029)
Figure 44. Europe SOFC Consumption Value Market Share by Country (2018-2029)
Figure 45. Germany SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 46. France SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 47. United Kingdom SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 48. Russia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 49. Italy SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 50. Asia-Pacific SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 51. Asia-Pacific SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 52. Asia-Pacific SOFC Sales Quantity Market Share by Region (2018-2029)
Figure 53. Asia-Pacific SOFC Consumption Value Market Share by Region (2018-2029)
Figure 54. China SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 55. Japan SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 56. Korea SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 57. India SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 58. Southeast Asia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 59. Australia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 60. South America SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 61. South America SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 62. South America SOFC Sales Quantity Market Share by Country (2018-2029)
Figure 63. South America SOFC Consumption Value Market Share by Country (2018-2029)
Figure 64. Brazil SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 65. Argentina SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 66. Middle East & Africa SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 67. Middle East & Africa SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 68. Middle East & Africa SOFC Sales Quantity Market Share by Region (2018-2029)
Figure 69. Middle East & Africa SOFC Consumption Value Market Share by Region (2018-2029)
Figure 70. Turkey SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 71. Egypt SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 72. Saudi Arabia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 73. South Africa SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 74. SOFC Market Drivers
Figure 75. SOFC Market Restraints
Figure 76. SOFC Market Trends
Figure 77. Porters Five Forces Analysis
Figure 78. Manufacturing Cost Structure Analysis of SOFC in 2022
Figure 79. Manufacturing Process Analysis of SOFC
Figure 80. SOFC Industrial Chain
Figure 81. Sales Quantity Channel: Direct to End-User vs Distributors
Figure 82. Direct Channel Pros & Cons
Figure 83. Indirect Channel Pros & Cons
Figure 84. Methodology
Figure 85. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems
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Global SOFC Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global SOFC Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Page: 101

Published Date: 15 Jan 2023

Category: Energy & Power

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Description

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Description

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.

According to our (Global Info Research) latest study, the global SOFC market size was valued at USD 602 million in 2022 and is forecast to a readjusted size of USD 1227.9 million by 2029 with a CAGR of 10.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Solid oxide fuel cells are emission free power sources, which run on electrochemical conversion reactions. SOFC use ceramic electrolytes that are hard and non-porous in nature. As the electrolyte is a solid, the cells are not necessarily constructed in a plate-like configuration as seen in Others fuel cell types. Electrical efficiency provided is around 50% to 60%. In applications designed to capture and utilize the system's waste heat (cogeneration), the overall fuel use efficiency could top 80% to 85% and operate at very high temperatures of around 1,000°C (1,830°F). The unique properties of solid oxide fuel cell such as portability, long-term stability, easy fuel selection, and emission-free power serve this requirement. These cells have vast applications, with military applications expecting the highest growth. Planar SOFC has been identified to be the dominating fuel cell in the market for its versatility. Asia-Pacific is the leading market for SOFC with Japan and South Korea dominating the region.

This report is a detailed and comprehensive analysis for global SOFC market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global SOFC market size and forecasts, in consumption value ($ Million), sales quantity (KW), and average selling prices (USD/KW), 2018-2029
Global SOFC market size and forecasts by region and country, in consumption value ($ Million), sales quantity (KW), and average selling prices (USD/KW), 2018-2029
Global SOFC market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (KW), and average selling prices (USD/KW), 2018-2029
Global SOFC market shares of main players, shipments in revenue ($ Million), sales quantity (KW), and ASP (USD/KW), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for SOFC
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global SOFC market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bloom Energy, FuelCell Energy, Aisin Seiki, Siemens Energy and Protonex, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
SOFC market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Planar
Tubular
Others

Market segment by Application
Transportation
Military
Others

Major players covered
Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SOFC product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SOFC, with price, sales, revenue and global market share of SOFC from 2018 to 2023.
Chapter 3, the SOFC competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SOFC breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and SOFC market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of SOFC.
Chapter 14 and 15, to describe SOFC sales channel, distributors, customers, research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of SOFC
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global SOFC Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Planar
1.3.3 Tubular
1.3.4 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global SOFC Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Transportation
1.4.3 Military
1.4.4 Others
1.5 Global SOFC Market Size & Forecast
1.5.1 Global SOFC Consumption Value (2018 & 2022 & 2029)
1.5.2 Global SOFC Sales Quantity (2018-2029)
1.5.3 Global SOFC Average Price (2018-2029)

2 Manufacturers Profiles
2.1 Bloom Energy
2.1.1 Bloom Energy Details
2.1.2 Bloom Energy Major Business
2.1.3 Bloom Energy SOFC Product and Services
2.1.4 Bloom Energy SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Bloom Energy Recent Developments/Updates
2.2 FuelCell Energy
2.2.1 FuelCell Energy Details
2.2.2 FuelCell Energy Major Business
2.2.3 FuelCell Energy SOFC Product and Services
2.2.4 FuelCell Energy SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 FuelCell Energy Recent Developments/Updates
2.3 Aisin Seiki
2.3.1 Aisin Seiki Details
2.3.2 Aisin Seiki Major Business
2.3.3 Aisin Seiki SOFC Product and Services
2.3.4 Aisin Seiki SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Aisin Seiki Recent Developments/Updates
2.4 Siemens Energy
2.4.1 Siemens Energy Details
2.4.2 Siemens Energy Major Business
2.4.3 Siemens Energy SOFC Product and Services
2.4.4 Siemens Energy SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Siemens Energy Recent Developments/Updates
2.5 Protonex
2.5.1 Protonex Details
2.5.2 Protonex Major Business
2.5.3 Protonex SOFC Product and Services
2.5.4 Protonex SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Protonex Recent Developments/Updates
2.6 LG Fuel Cell Systems
2.6.1 LG Fuel Cell Systems Details
2.6.2 LG Fuel Cell Systems Major Business
2.6.3 LG Fuel Cell Systems SOFC Product and Services
2.6.4 LG Fuel Cell Systems SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 LG Fuel Cell Systems Recent Developments/Updates
2.7 Acumentrics
2.7.1 Acumentrics Details
2.7.2 Acumentrics Major Business
2.7.3 Acumentrics SOFC Product and Services
2.7.4 Acumentrics SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Acumentrics Recent Developments/Updates
2.8 Delphi Corp
2.8.1 Delphi Corp Details
2.8.2 Delphi Corp Major Business
2.8.3 Delphi Corp SOFC Product and Services
2.8.4 Delphi Corp SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Delphi Corp Recent Developments/Updates
2.9 ZTEK Corporation
2.9.1 ZTEK Corporation Details
2.9.2 ZTEK Corporation Major Business
2.9.3 ZTEK Corporation SOFC Product and Services
2.9.4 ZTEK Corporation SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 ZTEK Corporation Recent Developments/Updates
2.10 Redox Power Systems
2.10.1 Redox Power Systems Details
2.10.2 Redox Power Systems Major Business
2.10.3 Redox Power Systems SOFC Product and Services
2.10.4 Redox Power Systems SOFC Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Redox Power Systems Recent Developments/Updates

3 Competitive Environment: SOFC by Manufacturer
3.1 Global SOFC Sales Quantity by Manufacturer (2018-2023)
3.2 Global SOFC Revenue by Manufacturer (2018-2023)
3.3 Global SOFC Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of SOFC by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 SOFC Manufacturer Market Share in 2022
3.4.2 Top 6 SOFC Manufacturer Market Share in 2022
3.5 SOFC Market: Overall Company Footprint Analysis
3.5.1 SOFC Market: Region Footprint
3.5.2 SOFC Market: Company Product Type Footprint
3.5.3 SOFC Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
4.1 Global SOFC Market Size by Region
4.1.1 Global SOFC Sales Quantity by Region (2018-2029)
4.1.2 Global SOFC Consumption Value by Region (2018-2029)
4.1.3 Global SOFC Average Price by Region (2018-2029)
4.2 North America SOFC Consumption Value (2018-2029)
4.3 Europe SOFC Consumption Value (2018-2029)
4.4 Asia-Pacific SOFC Consumption Value (2018-2029)
4.5 South America SOFC Consumption Value (2018-2029)
4.6 Middle East and Africa SOFC Consumption Value (2018-2029)

5 Market Segment by Type
5.1 Global SOFC Sales Quantity by Type (2018-2029)
5.2 Global SOFC Consumption Value by Type (2018-2029)
5.3 Global SOFC Average Price by Type (2018-2029)

6 Market Segment by Application
6.1 Global SOFC Sales Quantity by Application (2018-2029)
6.2 Global SOFC Consumption Value by Application (2018-2029)
6.3 Global SOFC Average Price by Application (2018-2029)

7 North America
7.1 North America SOFC Sales Quantity by Type (2018-2029)
7.2 North America SOFC Sales Quantity by Application (2018-2029)
7.3 North America SOFC Market Size by Country
7.3.1 North America SOFC Sales Quantity by Country (2018-2029)
7.3.2 North America SOFC Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
8.1 Europe SOFC Sales Quantity by Type (2018-2029)
8.2 Europe SOFC Sales Quantity by Application (2018-2029)
8.3 Europe SOFC Market Size by Country
8.3.1 Europe SOFC Sales Quantity by Country (2018-2029)
8.3.2 Europe SOFC Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
9.1 Asia-Pacific SOFC Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific SOFC Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific SOFC Market Size by Region
9.3.1 Asia-Pacific SOFC Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific SOFC Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
10.1 South America SOFC Sales Quantity by Type (2018-2029)
10.2 South America SOFC Sales Quantity by Application (2018-2029)
10.3 South America SOFC Market Size by Country
10.3.1 South America SOFC Sales Quantity by Country (2018-2029)
10.3.2 South America SOFC Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
11.1 Middle East & Africa SOFC Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa SOFC Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa SOFC Market Size by Country
11.3.1 Middle East & Africa SOFC Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa SOFC Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
12.1 SOFC Market Drivers
12.2 SOFC Market Restraints
12.3 SOFC Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
13.1 Raw Material of SOFC and Key Manufacturers
13.2 Manufacturing Costs Percentage of SOFC
13.3 SOFC Production Process
13.4 SOFC Industrial Chain

14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 SOFC Typical Distributors
14.3 SOFC Typical Customers

15 Research Findings and Conclusion

16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global SOFC Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global SOFC Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Bloom Energy Basic Information, Manufacturing Base and Competitors
Table 4. Bloom Energy Major Business
Table 5. Bloom Energy SOFC Product and Services
Table 6. Bloom Energy SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 7. Bloom Energy Recent Developments/Updates
Table 8. FuelCell Energy Basic Information, Manufacturing Base and Competitors
Table 9. FuelCell Energy Major Business
Table 10. FuelCell Energy SOFC Product and Services
Table 11. FuelCell Energy SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 12. FuelCell Energy Recent Developments/Updates
Table 13. Aisin Seiki Basic Information, Manufacturing Base and Competitors
Table 14. Aisin Seiki Major Business
Table 15. Aisin Seiki SOFC Product and Services
Table 16. Aisin Seiki SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 17. Aisin Seiki Recent Developments/Updates
Table 18. Siemens Energy Basic Information, Manufacturing Base and Competitors
Table 19. Siemens Energy Major Business
Table 20. Siemens Energy SOFC Product and Services
Table 21. Siemens Energy SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 22. Siemens Energy Recent Developments/Updates
Table 23. Protonex Basic Information, Manufacturing Base and Competitors
Table 24. Protonex Major Business
Table 25. Protonex SOFC Product and Services
Table 26. Protonex SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 27. Protonex Recent Developments/Updates
Table 28. LG Fuel Cell Systems Basic Information, Manufacturing Base and Competitors
Table 29. LG Fuel Cell Systems Major Business
Table 30. LG Fuel Cell Systems SOFC Product and Services
Table 31. LG Fuel Cell Systems SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 32. LG Fuel Cell Systems Recent Developments/Updates
Table 33. Acumentrics Basic Information, Manufacturing Base and Competitors
Table 34. Acumentrics Major Business
Table 35. Acumentrics SOFC Product and Services
Table 36. Acumentrics SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 37. Acumentrics Recent Developments/Updates
Table 38. Delphi Corp Basic Information, Manufacturing Base and Competitors
Table 39. Delphi Corp Major Business
Table 40. Delphi Corp SOFC Product and Services
Table 41. Delphi Corp SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 42. Delphi Corp Recent Developments/Updates
Table 43. ZTEK Corporation Basic Information, Manufacturing Base and Competitors
Table 44. ZTEK Corporation Major Business
Table 45. ZTEK Corporation SOFC Product and Services
Table 46. ZTEK Corporation SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 47. ZTEK Corporation Recent Developments/Updates
Table 48. Redox Power Systems Basic Information, Manufacturing Base and Competitors
Table 49. Redox Power Systems Major Business
Table 50. Redox Power Systems SOFC Product and Services
Table 51. Redox Power Systems SOFC Sales Quantity (KW), Average Price (USD/KW), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 52. Redox Power Systems Recent Developments/Updates
Table 53. Global SOFC Sales Quantity by Manufacturer (2018-2023) & (KW)
Table 54. Global SOFC Revenue by Manufacturer (2018-2023) & (USD Million)
Table 55. Global SOFC Average Price by Manufacturer (2018-2023) & (USD/KW)
Table 56. Market Position of Manufacturers in SOFC, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 57. Head Office and SOFC Production Site of Key Manufacturer
Table 58. SOFC Market: Company Product Type Footprint
Table 59. SOFC Market: Company Product Application Footprint
Table 60. SOFC New Market Entrants and Barriers to Market Entry
Table 61. SOFC Mergers, Acquisition, Agreements, and Collaborations
Table 62. Global SOFC Sales Quantity by Region (2018-2023) & (KW)
Table 63. Global SOFC Sales Quantity by Region (2024-2029) & (KW)
Table 64. Global SOFC Consumption Value by Region (2018-2023) & (USD Million)
Table 65. Global SOFC Consumption Value by Region (2024-2029) & (USD Million)
Table 66. Global SOFC Average Price by Region (2018-2023) & (USD/KW)
Table 67. Global SOFC Average Price by Region (2024-2029) & (USD/KW)
Table 68. Global SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 69. Global SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 70. Global SOFC Consumption Value by Type (2018-2023) & (USD Million)
Table 71. Global SOFC Consumption Value by Type (2024-2029) & (USD Million)
Table 72. Global SOFC Average Price by Type (2018-2023) & (USD/KW)
Table 73. Global SOFC Average Price by Type (2024-2029) & (USD/KW)
Table 74. Global SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 75. Global SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 76. Global SOFC Consumption Value by Application (2018-2023) & (USD Million)
Table 77. Global SOFC Consumption Value by Application (2024-2029) & (USD Million)
Table 78. Global SOFC Average Price by Application (2018-2023) & (USD/KW)
Table 79. Global SOFC Average Price by Application (2024-2029) & (USD/KW)
Table 80. North America SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 81. North America SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 82. North America SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 83. North America SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 84. North America SOFC Sales Quantity by Country (2018-2023) & (KW)
Table 85. North America SOFC Sales Quantity by Country (2024-2029) & (KW)
Table 86. North America SOFC Consumption Value by Country (2018-2023) & (USD Million)
Table 87. North America SOFC Consumption Value by Country (2024-2029) & (USD Million)
Table 88. Europe SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 89. Europe SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 90. Europe SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 91. Europe SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 92. Europe SOFC Sales Quantity by Country (2018-2023) & (KW)
Table 93. Europe SOFC Sales Quantity by Country (2024-2029) & (KW)
Table 94. Europe SOFC Consumption Value by Country (2018-2023) & (USD Million)
Table 95. Europe SOFC Consumption Value by Country (2024-2029) & (USD Million)
Table 96. Asia-Pacific SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 97. Asia-Pacific SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 98. Asia-Pacific SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 99. Asia-Pacific SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 100. Asia-Pacific SOFC Sales Quantity by Region (2018-2023) & (KW)
Table 101. Asia-Pacific SOFC Sales Quantity by Region (2024-2029) & (KW)
Table 102. Asia-Pacific SOFC Consumption Value by Region (2018-2023) & (USD Million)
Table 103. Asia-Pacific SOFC Consumption Value by Region (2024-2029) & (USD Million)
Table 104. South America SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 105. South America SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 106. South America SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 107. South America SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 108. South America SOFC Sales Quantity by Country (2018-2023) & (KW)
Table 109. South America SOFC Sales Quantity by Country (2024-2029) & (KW)
Table 110. South America SOFC Consumption Value by Country (2018-2023) & (USD Million)
Table 111. South America SOFC Consumption Value by Country (2024-2029) & (USD Million)
Table 112. Middle East & Africa SOFC Sales Quantity by Type (2018-2023) & (KW)
Table 113. Middle East & Africa SOFC Sales Quantity by Type (2024-2029) & (KW)
Table 114. Middle East & Africa SOFC Sales Quantity by Application (2018-2023) & (KW)
Table 115. Middle East & Africa SOFC Sales Quantity by Application (2024-2029) & (KW)
Table 116. Middle East & Africa SOFC Sales Quantity by Region (2018-2023) & (KW)
Table 117. Middle East & Africa SOFC Sales Quantity by Region (2024-2029) & (KW)
Table 118. Middle East & Africa SOFC Consumption Value by Region (2018-2023) & (USD Million)
Table 119. Middle East & Africa SOFC Consumption Value by Region (2024-2029) & (USD Million)
Table 120. SOFC Raw Material
Table 121. Key Manufacturers of SOFC Raw Materials
Table 122. SOFC Typical Distributors
Table 123. SOFC Typical Customers
List of Figures
Figure 1. SOFC Picture
Figure 2. Global SOFC Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global SOFC Consumption Value Market Share by Type in 2022
Figure 4. Planar Examples
Figure 5. Tubular Examples
Figure 6. Others Examples
Figure 7. Global SOFC Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 8. Global SOFC Consumption Value Market Share by Application in 2022
Figure 9. Transportation Examples
Figure 10. Military Examples
Figure 11. Others Examples
Figure 12. Global SOFC Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 13. Global SOFC Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 14. Global SOFC Sales Quantity (2018-2029) & (KW)
Figure 15. Global SOFC Average Price (2018-2029) & (USD/KW)
Figure 16. Global SOFC Sales Quantity Market Share by Manufacturer in 2022
Figure 17. Global SOFC Consumption Value Market Share by Manufacturer in 2022
Figure 18. Producer Shipments of SOFC by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
Figure 19. Top 3 SOFC Manufacturer (Consumption Value) Market Share in 2022
Figure 20. Top 6 SOFC Manufacturer (Consumption Value) Market Share in 2022
Figure 21. Global SOFC Sales Quantity Market Share by Region (2018-2029)
Figure 22. Global SOFC Consumption Value Market Share by Region (2018-2029)
Figure 23. North America SOFC Consumption Value (2018-2029) & (USD Million)
Figure 24. Europe SOFC Consumption Value (2018-2029) & (USD Million)
Figure 25. Asia-Pacific SOFC Consumption Value (2018-2029) & (USD Million)
Figure 26. South America SOFC Consumption Value (2018-2029) & (USD Million)
Figure 27. Middle East & Africa SOFC Consumption Value (2018-2029) & (USD Million)
Figure 28. Global SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 29. Global SOFC Consumption Value Market Share by Type (2018-2029)
Figure 30. Global SOFC Average Price by Type (2018-2029) & (USD/KW)
Figure 31. Global SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 32. Global SOFC Consumption Value Market Share by Application (2018-2029)
Figure 33. Global SOFC Average Price by Application (2018-2029) & (USD/KW)
Figure 34. North America SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 35. North America SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 36. North America SOFC Sales Quantity Market Share by Country (2018-2029)
Figure 37. North America SOFC Consumption Value Market Share by Country (2018-2029)
Figure 38. United States SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 39. Canada SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 40. Mexico SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 41. Europe SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 42. Europe SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 43. Europe SOFC Sales Quantity Market Share by Country (2018-2029)
Figure 44. Europe SOFC Consumption Value Market Share by Country (2018-2029)
Figure 45. Germany SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 46. France SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 47. United Kingdom SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 48. Russia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 49. Italy SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 50. Asia-Pacific SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 51. Asia-Pacific SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 52. Asia-Pacific SOFC Sales Quantity Market Share by Region (2018-2029)
Figure 53. Asia-Pacific SOFC Consumption Value Market Share by Region (2018-2029)
Figure 54. China SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 55. Japan SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 56. Korea SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 57. India SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 58. Southeast Asia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 59. Australia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 60. South America SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 61. South America SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 62. South America SOFC Sales Quantity Market Share by Country (2018-2029)
Figure 63. South America SOFC Consumption Value Market Share by Country (2018-2029)
Figure 64. Brazil SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 65. Argentina SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 66. Middle East & Africa SOFC Sales Quantity Market Share by Type (2018-2029)
Figure 67. Middle East & Africa SOFC Sales Quantity Market Share by Application (2018-2029)
Figure 68. Middle East & Africa SOFC Sales Quantity Market Share by Region (2018-2029)
Figure 69. Middle East & Africa SOFC Consumption Value Market Share by Region (2018-2029)
Figure 70. Turkey SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 71. Egypt SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 72. Saudi Arabia SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 73. South Africa SOFC Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 74. SOFC Market Drivers
Figure 75. SOFC Market Restraints
Figure 76. SOFC Market Trends
Figure 77. Porters Five Forces Analysis
Figure 78. Manufacturing Cost Structure Analysis of SOFC in 2022
Figure 79. Manufacturing Process Analysis of SOFC
Figure 80. SOFC Industrial Chain
Figure 81. Sales Quantity Channel: Direct to End-User vs Distributors
Figure 82. Direct Channel Pros & Cons
Figure 83. Indirect Channel Pros & Cons
Figure 84. Methodology
Figure 85. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems
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