Solid Oxide Fuel Cell Market by Type (Planar, Tubular), Application (Portable, Stationary, Transport), End-User - Global Forecast 2023-2030

Solid Oxide Fuel Cell Market by Type (Planar, Tubular), Application (Portable, Stationary, Transport), End-User - Global Forecast 2023-2030


The Solid Oxide Fuel Cell Market size was estimated at USD 562.08 million in 2022 and expected to reach USD 804.20 million in 2023, at a CAGR 43.21% to reach USD 9,945.64 million by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Solid Oxide Fuel Cell Market.
  • Based on Type, market is studied across Planar and Tubular. The Tubular is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Portable, Stationary, and Transport. The Portable is projected to witness significant market share during forecast period.
  • Based on End-User, market is studied across Automotive, Hydrogen Generation, and Power Generation. The Automotive is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Solid Oxide Fuel Cell Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Solid Oxide Fuel Cell Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Solid Oxide Fuel Cell Market, highlighting leading vendors and their innovative profiles. These include AVL List GmbH, Bloom Energy, Convion, Cummins Inc., Doosan Fuel Cell Co., Ltd., Elcogen AS, FuelCell Energy, Inc., h2e Power, KYOCERA Corporation, Mitsubishi Power, Ltd., POSCO Energy Co. Ltd., SunFire GmbH, Upstart Power, Inc., Watt Fuel Cell Corporation, and ZTEK Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Solid Oxide Fuel Cell Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Solid Oxide Fuel Cell Market?
  3. What is the competitive strategic window for identifying opportunities in the Solid Oxide Fuel Cell Market?
  4. What are the latest technology trends and regulatory frameworks in the Solid Oxide Fuel Cell Market?
  5. What is the market share of the leading vendors in the Solid Oxide Fuel Cell Market?
  6. Which modes and strategic moves are suitable for entering the Solid Oxide Fuel Cell Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Solid Oxide Fuel Cell Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for energy-efficient power generation
5.1.1.2. Rising focus on hydrogen-powered fuel cells for backup power
5.1.1.3. Growing concerns to eliminate toxic carbon emissions
5.1.2. Restraints
5.1.2.1. High capital costs required for SOFC
5.1.3. Opportunities
5.1.3.1. Government subsidies and increased R&D on fuel cell programs
5.1.3.2. Increasing adoption by end-users in data centers and military sector
5.1.3.3. Rapid emergence of low carbon technologies
5.1.4. Challenges
5.1.4.1. High operating temperatures and start-up time of SOFC
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Solid Oxide Fuel Cell Market, by Type
6.1. Introduction
6.2. Planar
6.3. Tubular
7. Solid Oxide Fuel Cell Market, by Application
7.1. Introduction
7.2. Portable
7.3. Stationary
7.4. Transport
8. Solid Oxide Fuel Cell Market, by End-User
8.1. Introduction
8.2. Automotive
8.3. Hydrogen Generation
8.4. Power Generation
9. Americas Solid Oxide Fuel Cell Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Solid Oxide Fuel Cell Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Solid Oxide Fuel Cell Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AVL List GmbH
13.1.2. Bloom Energy
13.1.3. Convion
13.1.4. Cummins Inc.
13.1.5. Doosan Fuel Cell Co., Ltd.
13.1.6. Elcogen AS
13.1.7. FuelCell Energy, Inc.
13.1.8. h2e Power
13.1.9. KYOCERA Corporation
13.1.10. Mitsubishi Power, Ltd.
13.1.11. POSCO Energy Co. Ltd.
13.1.12. SunFire GmbH
13.1.13. Upstart Power, Inc.
13.1.14. Watt Fuel Cell Corporation
13.1.15. ZTEK Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings