Global SOFC Market Research Report 2019-2025

Published On: Jul 2019

Format: PDF

Publisher: QY Research

Pages: 96

Report ID: 5190

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.
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 other 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.
The overall solid oxide fuel cells market is still in its nascent stage with existence of several untapped applications. The most prominent concern for the industry growth is the high cost of manufacturing and elongated time for charging up. SOFCs are extensively being used for power generation as it acts a clean source of energy. Due to their higher efficiency as compared to other fuel cells, SOFCs stand the most lucrative chance for further development in the coming years. Subsequently, the market has emerged highly dynamic over the period of time. Some of the major companies operating in the market include Bloom Energy,FuelCell Energy, Aisin Seiki, Siemens Energy, Protonex, LG Chem and others.
Categorization on the basis of technology includes tubular, planar and other SOFCs. Planar SOFC have the largest market demand on account of higher power ratio as compared to other SOFCs, despite high installation costs. Planar SOFC has the highest electrical efficiency that allows great potential for applications in military, leading to higher demand in the aforementioned application. Further segmentation on the basis of application includes transportation, military and portable energy purposes, as well as small & large stationery. Major SOFC application lies in military on account of portability and compact nature of these fuel cells. Power output is also higher and easier to achieve than other conventional solar cells, which is expected to positively impact the SOFC growth market during the forecast period.

The global SOFC market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on SOFC volume and value at global level, regional level and company level. From a global perspective, this report represents overall SOFC market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Bloom Energy
FuelCell Energy
Aisin Seiki
Siemens Energy
Protonex
LG Fuel Cell Systems
Acumentrics
Delphi Corp
ZTEK Corporation
Redox Power Systems

Segment by Regions
North America
Europe
China
Japan

Segment by Type
Planar
Tubular
Other

Segment by Application
Stationary
Transportation
Portable & Military

Table of Contents

Executive Summary
1 SOFC Market Overview
1.1 Product Overview and Scope of SOFC
1.2 SOFC Segment by Type
1.2.1 Global SOFC Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Planar
1.2.3 Tubular
1.2.4 Other
1.3 SOFC Segment by Application
1.3.1 SOFC Consumption Comparison by Application (2014-2025)
1.3.2 Stationary
1.3.3 Transportation
1.3.4 Portable & Military
1.4 Global SOFC Market by Region
1.4.1 Global SOFC Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global SOFC Market Size
1.5.1 Global SOFC Revenue (2014-2025)
1.5.2 Global SOFC Production (2014-2025)

2 Global SOFC Market Competition by Manufacturers
2.1 Global SOFC Production Market Share by Manufacturers (2014-2019)
2.2 Global SOFC Revenue Share by Manufacturers (2014-2019)
2.3 Global SOFC Average Price by Manufacturers (2014-2019)
2.4 Manufacturers SOFC Production Sites, Area Served, Product Types
2.5 SOFC Market Competitive Situation and Trends
2.5.1 SOFC Market Concentration Rate
2.5.2 SOFC Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion

3 Global SOFC Production Market Share by Regions
3.1 Global SOFC Production Market Share by Regions
3.2 Global SOFC Revenue Market Share by Regions (2014-2019)
3.3 Global SOFC Production, Revenue, Price and Gross Margin (2014-2019)
3.4 North America SOFC Production
3.4.1 North America SOFC Production Growth Rate (2014-2019)
3.4.2 North America SOFC Production, Revenue, Price and Gross Margin (2014-2019)
3.5 Europe SOFC Production
3.5.1 Europe SOFC Production Growth Rate (2014-2019)
3.5.2 Europe SOFC Production, Revenue, Price and Gross Margin (2014-2019)
3.6 China SOFC Production (2014-2019)
3.6.1 China SOFC Production Growth Rate (2014-2019)
3.6.2 China SOFC Production, Revenue, Price and Gross Margin (2014-2019)
3.7 Japan SOFC Production (2014-2019)
3.7.1 Japan SOFC Production Growth Rate (2014-2019)
3.7.2 Japan SOFC Production, Revenue, Price and Gross Margin (2014-2019)

4 Global SOFC Consumption by Regions
4.1 Global SOFC Consumption by Regions
4.2 North America SOFC Consumption (2014-2019)
4.3 Europe SOFC Consumption (2014-2019)
4.4 China SOFC Consumption (2014-2019)
4.5 Japan SOFC Consumption (2014-2019)

5 Global SOFC Production, Revenue, Price Trend by Type
5.1 Global SOFC Production Market Share by Type (2014-2019)
5.2 Global SOFC Revenue Market Share by Type (2014-2019)
5.3 Global SOFC Price by Type (2014-2019)
5.4 Global SOFC Production Growth by Type (2014-2019)

6 Global SOFC Market Analysis by Applications
6.1 Global SOFC Consumption Market Share by Application (2014-2019)
6.2 Global SOFC Consumption Growth Rate by Application (2014-2019)

7 Company Profiles and Key Figures in SOFC Business
7.1 Bloom Energy
7.1.1 Bloom Energy SOFC Production Sites and Area Served
7.1.2 SOFC Product Introduction, Application and Specification
7.1.3 Bloom Energy SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.1.4 Main Business and Markets Served
7.2 FuelCell Energy
7.2.1 FuelCell Energy SOFC Production Sites and Area Served
7.2.2 SOFC Product Introduction, Application and Specification
7.2.3 FuelCell Energy SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.2.4 Main Business and Markets Served
7.3 Aisin Seiki
7.3.1 Aisin Seiki SOFC Production Sites and Area Served
7.3.2 SOFC Product Introduction, Application and Specification
7.3.3 Aisin Seiki SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.3.4 Main Business and Markets Served
7.4 Siemens Energy
7.4.1 Siemens Energy SOFC Production Sites and Area Served
7.4.2 SOFC Product Introduction, Application and Specification
7.4.3 Siemens Energy SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.4.4 Main Business and Markets Served
7.5 Protonex
7.5.1 Protonex SOFC Production Sites and Area Served
7.5.2 SOFC Product Introduction, Application and Specification
7.5.3 Protonex SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.5.4 Main Business and Markets Served
7.6 LG Fuel Cell Systems
7.6.1 LG Fuel Cell Systems SOFC Production Sites and Area Served
7.6.2 SOFC Product Introduction, Application and Specification
7.6.3 LG Fuel Cell Systems SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.6.4 Main Business and Markets Served
7.7 Acumentrics
7.7.1 Acumentrics SOFC Production Sites and Area Served
7.7.2 SOFC Product Introduction, Application and Specification
7.7.3 Acumentrics SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.7.4 Main Business and Markets Served
7.8 Delphi Corp
7.8.1 Delphi Corp SOFC Production Sites and Area Served
7.8.2 SOFC Product Introduction, Application and Specification
7.8.3 Delphi Corp SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.8.4 Main Business and Markets Served
7.9 ZTEK Corporation
7.9.1 ZTEK Corporation SOFC Production Sites and Area Served
7.9.2 SOFC Product Introduction, Application and Specification
7.9.3 ZTEK Corporation SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.9.4 Main Business and Markets Served
7.10 Redox Power Systems
7.10.1 Redox Power Systems SOFC Production Sites and Area Served
7.10.2 SOFC Product Introduction, Application and Specification
7.10.3 Redox Power Systems SOFC Production, Revenue, Price and Gross Margin (2014-2019)
7.10.4 Main Business and Markets Served

8 SOFC Manufacturing Cost Analysis
8.1 SOFC Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of SOFC
8.4 SOFC Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.2 SOFC Distributors List
9.3 SOFC Customers

10 Market Dynamics
10.1 Market Trends
10.2 Opportunities
10.3 Market Drivers
10.4 Challenges
10.5 Influence Factors

11 Global SOFC Market Forecast
11.1 Global SOFC Production, Revenue Forecast
11.1.1 Global SOFC Production Growth Rate Forecast (2019-2025)
11.1.2 Global SOFC Revenue and Growth Rate Forecast (2019-2025)
11.1.3 Global SOFC Price and Trend Forecast (2019-2025)
11.2 Global SOFC Production Forecast by Regions (2019-2025)
11.2.1 North America SOFC Production, Revenue Forecast (2019-2025)
11.2.2 Europe SOFC Production, Revenue Forecast (2019-2025)
11.2.3 China SOFC Production, Revenue Forecast (2019-2025)
11.2.4 Japan SOFC Production, Revenue Forecast (2019-2025)
11.3 Global SOFC Consumption Forecast by Regions (2019-2025)
11.3.1 North America SOFC Consumption Forecast (2019-2025)
11.3.2 Europe SOFC Consumption Forecast (2019-2025)
11.3.3 China SOFC Consumption Forecast (2019-2025)
11.3.4 Japan SOFC Consumption Forecast (2019-2025)
11.4 Global SOFC Production, Revenue and Price Forecast by Type (2019-2025)
11.5 Global SOFC Consumption Forecast by Application (2019-2025)

12 Research Findings and Conclusion

13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Author List
13.4 Disclaimer