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Global Solid Oxide Fuel Cell Market Share, Size, Growth, Forecast: By Type: Planar, Tubular; By Application: Portable, Stationary, Transport; By End User: Residential, Commercial and Industrial, Data Centres, Military and Defence; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Solid Oxide Fuel Cell Market Analysis
8.1 Key Industry Highlights
8.2 Global Solid Oxide Fuel Cell Historical Market (2018-2023)
8.3 Global Solid Oxide Fuel Cell Market Forecast (2024-2032)
8.4 Global Solid Oxide Fuel Cell Market by Type
8.4.1 Planar
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Tubular
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Solid Oxide Fuel Cell Market by Application
8.5.1 Portable
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Stationary
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Transport
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 Global Solid Oxide Fuel Cell Market by End User
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Commercial and Industrial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Data Centres
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Military and Defence
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.7 Global Solid Oxide Fuel Cell Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Solid Oxide Fuel Cell Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Solid Oxide Fuel Cell Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Solid Oxide Fuel Cell Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Bangladesh
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Solid Oxide Fuel Cell Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Mexico
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Argentina
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Solid Oxide Fuel Cell Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 South Africa
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 Nigeria
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Bloom Energy Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Mitsubishi Heavy Industries, Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ceres Power Holdings plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 FuelCell Energy, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 AVL List GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Solid Oxide Fuel Cell Market: Key Industry Highlights, 2018 and 2032
2. Global Solid Oxide Fuel Cell Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Solid Oxide Fuel Cell Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Solid Oxide Fuel Cell Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Solid Oxide Fuel Cell Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Solid Oxide Fuel Cell Historical Market: Breakup by End User (USD Billion), 2018-2023
7. Global Solid Oxide Fuel Cell Market Forecast: Breakup by End User (USD Billion), 2024-2032
8. Global Solid Oxide Fuel Cell Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Solid Oxide Fuel Cell Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Solid Oxide Fuel Cell Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Solid Oxide Fuel Cell Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Solid Oxide Fuel Cell Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Solid Oxide Fuel Cell Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Solid Oxide Fuel Cell Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Solid Oxide Fuel Cell Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Solid Oxide Fuel Cell Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Solid Oxide Fuel Cell Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Solid Oxide Fuel Cell Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Solid Oxide Fuel Cell Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Solid Oxide Fuel Cell Market Structure
Key Questions Answered in the Report
The global market for solid oxide fuel cells attained a value of USD 1.74 billion in 2023.
The market is expected to grow at a CAGR of 26.90% during the forecast period of 2024-2032.
The market is expected to attain a value of USD 14.81 billion by 2032.
The market growth is driven by the growing demand for solid oxide fuel cells due to the rising implementation of clean energy and the introduction of strict norms for carbon emissions.
The increasing investments by market players and governments in the research and development of alternative power sources are expected to deliver new growth opportunities to the market.
The regional markets include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The types available in the market include planar and tubular.
The various applications of solid fuel cells include portable, stationary, and transport.
The solid oxide fuel cells are utilized by residential, commercial and industrial, data centres, military and defense.
The key players in the market include Bloom Energy Corporation, Mitsubishi Heavy Industries, Ltd., Ceres Power Holdings plc, FuelCell Energy, Inc., and AVL List GmbH, among others.
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