SOFC and SOEC Market Forecast 2023-2030: Industry Challenges, Innovations and Predictive Research Analysis

SOFC and SOEC Market Insights and Overview [2023-2029] | No. of Pages 110

A New “SOFC and SOEC Market” Research Report 2023: Demonstrate global opportunities, future business trends, and current growth scenario of Top Market Players?(Bloom Energy, Aisin Seiki, Mitsubishi Heavy Industries, SOLIDpower, Ceres, Convion). This report covers industry size, share, regional developments, and new investment plans with industry segments and sub-segments. Recent SOFC and SOEC market size is based on key segments by Type?(Planar, Tubular, Others), Application?(Stationary, Transportation, Portable & Military), and region.

The global The global SOFC and SOEC market was valued at USD 818.8 million in 2020 and it is expected to reach USD 3975.6 million by the end of 2027, growing at a CAGR of 27.6% during 2021-2027.

The report covers a precise and strategic assessment of top manufacturers along with?Growth Revenue, Industry CAGR Status, Competitive Landscape, and Company Profiles Analysis. It also highlights the production and consumption scenario with supply-demand status, the latest opportunities, and challenges for the forecast period.

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Global SOFC and SOEC Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period 2023-2029.

List of Top Major Players Covered in the SOFC and SOEC Market Are:

• Bloom Energy
• Aisin Seiki
• Mitsubishi Heavy Industries
• SOLIDpower
• Ceres
• Convion
• Special Power Sources (SPS)
• Redox Power Systems
• Sunfire GmbH
• Fiaxel
• ZTEK Corporation
• Elcogen
• OxEon Energy

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Short Description Of SOFC and SOEC Market:

“The Global SOFC and SOEC market is anticipated to rise at a considerable rate during the forecast period, between 2023 to 2029. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.”

The SOFC and SOEC market size highlights market essentials, opportunities, regional trends, emerging growth factors, market challenges, forecasts and competitors joined with their market share.

The SOFC and SOEC market covers Tubular, Planar, Others, etc. The typical players include Bloom Energy, Special Power Sources (SPS), Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, GE, Convion, FuelCell Energy, etc.

The SOFC is an all-solid chemical power generation device that directly converts the chemical energy stored in the fuel and oxidizer into electrical energy at medium and high temperature in an efficient and environmentally friendly manner. The SOFC is a type of fuel cell, which is characterized by the use of solid oxide materials as the electrolyte. SOFC uses a solid oxide electrolyte to conduct negative oxygen ions from the cathode to the anode.

The SOEC is a solid oxide fuel cell that operates in the reverse direction. In the electrolysis mode, under the applied voltage and high temperature, it electrolyzes H2O to produce H2 and O2, and realizes the conversion of electrical and thermal energy into chemical energy.

The global key SOFC and SOEC manufacturers include Bloom Energy, Aisin Seiki, Mitsubishi Heavy Industries, etc. The output value accounting for about 88% of the global output value. These three companies have considerable strength in the industry, especially Bloom Energy, which ranks first.

Market Analysis and Insights: Global SOFC and SOEC Market

The global SOFC and SOEC market was valued at USD 818.8 million in 2020 and it is expected to reach USD 3975.6 million by the end of 2027, growing at a CAGR of 27.6% during 2021-2027.

Global SOFC and SOEC Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global SOFC and SOEC Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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Market Segments Analysis:

This report has explored the key segments: by Type and by Application. The report evaluates the important characteristics of the market based on current market scenarios, market demands, and business strategies. This report also provides sales, revenue, and average price forecast data by type and by application segments based on production, price, and value for the period 2018-2029.

On the basis of Product Type, this report displays the production, revenue, price, market share, and growth rate of SOFC and SOEC Market types split into:

• Planar
• Tubular
• Others

On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share, and growth rate of SOFC and SOEC Market applications, including:

• Stationary
• Transportation
• Portable & Military

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Global Key Stakeholders:

• Raw material suppliers
• Distributors/traders/wholesalers/suppliers
• Regulatory bodies, including government agencies and NGO
• Commercial research & development (R&D) institutions
• Importers and exporters
• Government organizations, research organizations, and consulting firms
• Trade associations and industry bodies
• End-use industries

Key inclusions of the SOFC and SOEC market report:

• COVID-19 effects on SOFC and SOEC market growth figures.
• Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
• Organized mentions of major market trends.
• Growth Opportunities with SOFC and SOEC Market Forecast
• Figures showcasing market growth rate.
• Advantages and disadvantages of direct and indirect sales channels.
• Insights regarding traders, distributors, and dealers present in the industry.

Region and Country Coverage:

• North America (United States, Canada, and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
• South America (Brazil etc.)
• Middle East and Africa (Egypt and GCC Countries)

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SOFC and SOEC Market Report Covers the Following Questions:

• Which regional market is covered in terms of SOFC and SOEC market share and size?
• What factors are preventing market growth?
• What are the key trends observed in the market?
• Who are the most-established players in the global SOFC and SOEC market landscape?
• What are the different strategies used by players to market their products during the COVID-19 pandemic?
• How are emerging market players expanding their presence in the SOFC and SOEC market?
• What are the major challenges in front of the global SOFC and SOEC market?
• Who are the key vendors of the global SOFC and SOEC market?
• What are the leading key industries of the global SOFC and SOEC market?
• Which factors are responsible for driving the global SOFC and SOEC market?
• What are the key outcomes of SWOT and Porter’s five analyses?
• What are the major key strategies for enhancing global opportunities?
• What are the different effective sales patterns?
• What will be the global market size in the forecast period?
• What are the strengths and weaknesses of the SOFC and SOEC Market?
• What are the different marketing and distribution channels?
• What is the current CAGR of the SOFC and SOEC Market?
• What are the SOFC and SOEC market opportunities in front of the market?
• What are the highest competitors in the SOFC and SOEC market?
• What is the SOFC and SOEC market size and growth rate in the forecast period?

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Detailed TOC of Global SOFC and SOEC Market Research Report 2023

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global SOFC and SOEC Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.3 Market by Application

1.3.1 Global SOFC and SOEC Market Growth by Application: 2018 VS 2022 VS 2029

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2 Global Growth Trends

2.1 Global SOFC and SOEC Market Perspective (2018-2029)

2.2 SOFC and SOEC Growth Trends by Region

2.2.1 Global SOFC and SOEC Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 SOFC and SOEC Historic Market Size by Region (2018-2023)

2.2.3 SOFC and SOEC Forecasted Market Size by Region (2024-2029)

2.3 SOFC and SOEC Market Dynamics

2.3.1 SOFC and SOEC Industry Trends

2.3.2 SOFC and SOEC Market Drivers

2.3.3 SOFC and SOEC Market Challenges

2.3.4 SOFC and SOEC Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top SOFC and SOEC Players by Revenue

3.1.1 Global Top SOFC and SOEC Players by Revenue (2018-2023)

3.1.2 Global SOFC and SOEC Revenue Market Share by Players (2018-2023)

3.2 Global SOFC and SOEC Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by SOFC and SOEC Revenue

3.4 Global SOFC and SOEC Market Concentration Ratio

3.5 SOFC and SOEC Key Players Head office and Area Served

3.6 Key Players SOFC and SOEC Product Solution and Service

3.7 Date of Enter into SOFC and SOEC Market

3.8 Mergers & Acquisitions, Expansion Plans

4 SOFC and SOEC Breakdown Data by Type

4.1 Global SOFC and SOEC Historic Market Size by Type (2018-2023)

4.2 Global SOFC and SOEC Forecasted Market Size by Type (2024-2029)

5 SOFC and SOEC Breakdown Data by Application

5.1 Global SOFC and SOEC Historic Market Size by Application (2018-2023)

5.2 Global SOFC and SOEC Forecasted Market Size by Application (2024-2029)

6 North America

6.1 North America SOFC and SOEC Market Size (2018-2029)

6.2 North America SOFC and SOEC Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America SOFC and SOEC Market Size by Country (2018-2023)

6.4 North America SOFC and SOEC Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe SOFC and SOEC Market Size (2018-2029)

7.2 Europe SOFC and SOEC Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe SOFC and SOEC Market Size by Country (2018-2023)

7.4 Europe SOFC and SOEC Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific SOFC and SOEC Market Size (2018-2029)

8.2 Asia-Pacific SOFC and SOEC Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific SOFC and SOEC Market Size by Region (2018-2023)

8.4 Asia-Pacific SOFC and SOEC Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America SOFC and SOEC Market Size (2018-2029)

9.2 Latin America SOFC and SOEC Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America SOFC and SOEC Market Size by Country (2018-2023)

9.4 Latin America SOFC and SOEC Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa SOFC and SOEC Market Size (2018-2029)

10.2 Middle East & Africa SOFC and SOEC Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa SOFC and SOEC Market Size by Country (2018-2023)

10.4 Middle East & Africa SOFC and SOEC Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

Continue…………….

Detailed TOC of Global SOFC and SOEC Market?@?https://www.industryresearch.biz/TOC/19859685

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