Global SOFC and SOEC Market Insights, Forecast to 2029

Global SOFC and SOEC Market Insights, Forecast to 2029



Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for SOFC and SOEC estimated at US$ 1,289.69 million in the year 2022, is projected to reach a revised size of US$ 7,657.82 million by 2029, growing at a CAGR of 29.56% during the forecast period 2023-2029.

The US & Canada market for SOFC and SOEC is estimated to increase from $ 583.27 million in 2022 to reach $ 3,302.28 million by 2029, at a CAGR of 28.8% during the forecast period of 2023 through 2029.

The China market for SOFC and SOEC is estimated to increase from $ 87.42 million in 2022 to reach $ 996.3 million by 2029, at a CAGR of 43.22% during the forecast period of 2023 through 2029.

The Europe market for SOFC and SOEC is estimated to increase from $ 167.64 million in 2022 to reach $1,051.66 million by 2029, at a CAGR of 30.78% during the forecast period of 2023 through 2029.

The global key manufacturers of SOFC and SOEC include Bloom Energy, Aisin Seiki, Mitsubishi Power, SolydEra, Ceres, Convion, Special Power Sources (SPS), Redox Power Systems, and Sunfire GmbH, etc. In 2022, the global top five players had a share approximately 90.14% in terms of revenue.

Report Includes

This report presents an overview of global market for SOFC and SOEC, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.

This report researches the key producers of SOFC and SOEC, also provides the sales of main regions and countries. Highlights of the upcoming market potential for SOFC and SOEC, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the SOFC and SOEC sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global SOFC and SOEC market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for SOFC and SOEC sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Bloom Energy, Aisin Seiki, Mitsubishi Heavy Industries, SOLIDpower, Ceres, Convion, Special Power Sources (SPS), Redox Power Systems, and Sunfire GmbH, etc.

By Company

Bloom Energy

Aisin Seiki

Mitsubishi Power

Ceres

SolydEra

Sunfire GmbH

Convion

Special Power Sources (SPS)

Topsoe

Redox Power Systems

ZTEK Corporation

OxEon Energy

Segment by Type

Planar

Tubular

Others

Segment by Application

Stationary

Transportation

Portable & Military

Segment by Region

US & Canada

U.S.

Canada

China

APAC (excluding China)

Japan

South Korea

China Taiwan

Southeast Asia

India

Australia

Europe

Germany

France

U.K.

Italy

Russia

Middle East, Africa, Latin America

Brazil

Mexico

Turkey

South Africa

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Sales (consumption), revenue of SOFC and SOEC in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 3: Detailed analysis of SOFC and SOEC manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 7: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: China by Type, and by Application, sales, and revenue for each segment.

Chapter 9: APAC (excluding China) by Type, by Application and by region, sales, and revenue for each segment.

Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 11: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, SOFC and SOEC sales, revenue, price, gross margin, and recent development, etc.

Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 14: The main points and conclusions of the report.


1 STUDY COVERAGE
1.1 SOFC and SOEC Product Introduction
1.2 Market by Type
1.2.1 Global SOFC and SOEC Market Size Growth Rate by Type, 2018 VS 2022 VS 2029
1.2.2 Planar
1.2.3 Tubular
1.2.4 Others
1.3 Market by Application
1.3.1 Global SOFC and SOEC Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Stationary
1.3.3 Transportation
1.3.4 Portable & Military
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 EXECUTIVE SUMMARY
2.1 Global SOFC and SOEC Revenue Estimates and Forecasts 2018-2029
2.2 Global SOFC and SOEC Revenue by Region
2.2.1 Global SOFC and SOEC Revenue by Region: 2018 VS 2022 VS 2029
2.2.2 Global SOFC and SOEC Revenue by Region (2018-2023)
2.2.3 Global SOFC and SOEC Revenue by Region (2024-2029)
2.2.4 Global SOFC and SOEC Revenue Market Share by Region (2018-2029)
2.3 Global SOFC and SOEC Sales Estimates and Forecasts 2018-2029
2.4 Global SOFC and SOEC Sales by Region
2.4.1 Global SOFC and SOEC Sales by Region: 2018 VS 2022 VS 2029
2.4.2 Global SOFC and SOEC Sales by Region (2018-2023)
2.4.3 Global Sales SOFC and SOEC by Region (2024-2029)
2.4.4 Global SOFC and SOEC Sales Market Share by Region (2018-2029)
2.5 US & Canada
2.6 Europe
2.7 China
2.8 APAC (excluding China)
2.9 Middle East, Africa and Latin America
3 COMPETITION BY MANUFACTURERS
3.1 Global SOFC and SOEC Sales by Manufacturers
3.1.1 Global SOFC and SOEC Sales by Manufacturers (2018-2023)
3.1.2 Global SOFC and SOEC Sales Market Share by Manufacturers (2018-2023)
3.2 Global SOFC and SOEC Revenue by Manufacturers
3.2.1 Global SOFC and SOEC Revenue by Manufacturers (2018-2023)
3.2.2 Global SOFC and SOEC Revenue Market Share by Manufacturers (2018-2023)
3.2.3 Global Top 10 and Top 5 Companies by SOFC and SOEC Revenue in 2022
3.3 Global Key Players of SOFC and SOEC, Industry Ranking, 2021 VS 2022 VS 2023
3.4 Global SOFC and SOEC Sales Price by Manufacturers (2018-2023)
3.5 Analysis of Competitive Landscape
3.5.1 Manufacturers Market Concentration Ratio (CR5)
3.5.2 Global SOFC and SOEC Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Key Manufacturers of SOFC and SOEC, Manufacturing Base Distribution and Headquarters
3.7 Mergers & Acquisitions, Expansion Plans
4 MARKET SIZE BY TYPE
4.1 Global SOFC and SOEC Sales by Type
4.1.1 Global SOFC and SOEC Historical Sales by Type (2018-2023)
4.1.2 Global SOFC and SOEC Forecasted Sales by Type (2024-2029)
4.1.3 Global SOFC and SOEC Sales Market Share by Type (2018-2029)
4.2 Global SOFC and SOEC Revenue by Type
4.2.1 Global SOFC and SOEC Historical Revenue by Type (2018-2023)
4.2.2 Global SOFC and SOEC Forecasted Revenue by Type (2024-2029)
4.2.3 Global SOFC and SOEC Revenue Market Share by Type (2018-2029)
4.3 Global SOFC and SOEC Price by Type
4.3.1 Global SOFC and SOEC Price by Type (2018-2023)
4.3.2 Global SOFC and SOEC Price Forecast by Type (2024-2029)
5 MARKET SIZE BY APPLICATION
5.1 Global SOFC and SOEC Sales by Application
5.1.1 Global SOFC and SOEC Historical Sales by Application (2018-2023)
5.1.2 Global SOFC and SOEC Forecasted Sales by Application (2024-2029)
5.1.3 Global SOFC and SOEC Sales Market Share by Application (2018-2029)
5.2 Global SOFC and SOEC Revenue by Application
5.2.1 Global SOFC and SOEC Historical Revenue by Application (2018-2023)
5.2.2 Global SOFC and SOEC Forecasted Revenue by Application (2024-2029)
5.2.3 Global SOFC and SOEC Revenue Market Share by Application (2018-2029)
5.3 Global SOFC and SOEC Price by Application
5.3.1 Global SOFC and SOEC Price by Application (2018-2023)
5.3.2 Global SOFC and SOEC Price Forecast by Application (2024-2029)
6 US & CANADA
6.1 US & Canada SOFC and SOEC Market Size by Type
6.2 US & Canada SOFC and SOEC Market Size by Application
6.3 US & Canada SOFC and SOEC Market Size by Country
6.3.1 US & Canada SOFC and SOEC Revenue by Country: 2018 VS 2022 VS 2029
6.3.2 US & Canada SOFC and SOEC Revenue by Country (2018-2029)
6.3.3 US & Canada SOFC and SOEC Sales by Country (2018-2029)
6.3.4 US
6.3.5 Canada
7 EUROPE
7.1 Europe SOFC and SOEC Market Size by Type
7.2 Europe SOFC and SOEC Market Size by Application
7.3 Europe SOFC and SOEC Market Size by Country
7.3.1 Europe SOFC and SOEC Revenue by Country: 2018 VS 2022 VS 2029
7.3.2 Europe SOFC and SOEC Revenue by Country (2018-2029)
7.3.3 Europe SOFC and SOEC Sales by Country (2018-2029)
7.3.4 Germany
7.3.5 France
7.3.6 U.K.
7.3.7 Italy
7.3.8 Russia
8 CHINA
8.1 China SOFC and SOEC Market Size by Type
8.1.1 China SOFC and SOEC Sales by Type (2018-2029)
8.2 China SOFC and SOEC Market Size by Application
8.2.1 China SOFC and SOEC Sales by Application (2018-2029)
9 APAC (EXCLUDING CHINA)
9.1 APAC SOFC and SOEC Market Size by Type
9.2 APAC SOFC and SOEC Market Size by Application
9.3 APAC SOFC and SOEC Market Size by Region
9.3.1 APAC SOFC and SOEC Revenue by Region: 2018 VS 2022 VS 2029
9.3.2 APAC SOFC and SOEC Revenue by Region (2018-2029)
9.3.3 APAC SOFC and SOEC Sales by Region (2018-2029)
9.3.4 Japan
9.3.5 South Korea
9.3.6 China Taiwan
9.3.7 Southeast Asia
9.3.8 India
9.3.9 Australia
10 MIDDLE EAST, AFRICA AND LATIN AMERICA
10.1 Middle East, Africa and Latin America SOFC and SOEC Market Size by Type
10.2 Middle East, Africa and Latin America SOFC and SOEC Market Size by Application
10.3 Middle East, Africa and Latin America SOFC and SOEC Market Size by Country
10.3.1 Middle East, Africa and Latin America SOFC and SOEC Revenue by Country: 2018 VS 2022 VS 2029
10.3.2 Middle East, Africa and Latin America SOFC and SOEC Revenue by Country (2018-2029)
10.3.3 Middle East, Africa and Latin America SOFC and SOEC Sales by Country (2018-2029)
10.3.4 Brazil
10.3.5 Mexico
10.3.6 Turkey
10.3.7 South Africa
10.3.8 GCC Countries
11 CORPORATE PROFILE
11.1 Bloom Energy
11.1.1 Bloom Energy Corporation Information
11.1.2 Bloom Energy Overview
11.1.3 Bloom Energy SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.1.4 Bloom Energy SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.1.5 Bloom Energy Recent Developments
11.2 Aisin Seiki
11.2.1 Aisin Seiki Corporation Information
11.2.2 Aisin Seiki Overview
11.2.3 Aisin Seiki SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.2.4 Aisin Seiki SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.2.5 Aisin Seiki Recent Developments
11.3 Mitsubishi Power
11.3.1 Mitsubishi Power Corporation Information
11.3.2 Mitsubishi Power Overview
11.3.3 Mitsubishi Power SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.3.4 Mitsubishi Power SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.3.5 Mitsubishi Power Recent Developments
11.4 Ceres
11.4.1 Ceres Corporation Information
11.4.2 Ceres Overview
11.4.3 Ceres SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.4.4 Ceres SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.4.5 Ceres Recent Developments
11.5 SolydEra
11.5.1 SolydEra Corporation Information
11.5.2 SolydEra Overview
11.5.3 SolydEra SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.5.4 SolydEra SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.5.5 SolydEra Recent Developments
11.6 Sunfire GmbH
11.6.1 Sunfire GmbH Corporation Information
11.6.2 Sunfire GmbH Overview
11.6.3 Sunfire GmbH SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.6.4 Sunfire GmbH SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.6.5 Sunfire GmbH Recent Developments
11.7 Convion
11.7.1 Convion Corporation Information
11.7.2 Convion Overview
11.7.3 Convion SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.7.4 Convion SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.7.5 Convion Recent Developments
11.8 Special Power Sources (SPS)
11.8.1 Special Power Sources (SPS) Corporation Information
11.8.2 Special Power Sources (SPS) Overview
11.8.3 Special Power Sources (SPS) SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.8.4 Special Power Sources (SPS) SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.8.5 Special Power Sources (SPS) Recent Developments
11.9 Topsoe
11.9.1 Topsoe Corporation Information
11.9.2 Topsoe Overview
11.9.3 Topsoe SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.9.4 Topsoe SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.9.5 Topsoe Recent Developments
11.10 Redox Power Systems
11.10.1 Redox Power Systems Corporation Information
11.10.2 Redox Power Systems Overview
11.10.3 Redox Power Systems SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.10.4 Redox Power Systems SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.10.5 Redox Power Systems Recent Developments
11.11 ZTEK Corporation
11.11.1 ZTEK Corporation Corporation Information
11.11.2 ZTEK Corporation Overview
11.11.3 ZTEK Corporation SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.11.4 ZTEK Corporation SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.12 OxEon Energy
11.12.1 OxEon Energy Corporation Information
11.12.2 OxEon Energy Overview
11.12.3 OxEon Energy SOFC and SOEC Sales, Price, Revenue and Gross Margin (2018-2023)
11.12.4 OxEon Energy SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
11.12.5 OxEon Energy Recent Developments
12 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS
12.1 SOFC and SOEC Industry Chain Analysis
12.2 SOFC and SOEC Key Raw Materials
12.2.1 Key Raw Materials
12.2.2 Raw Materials Key Suppliers
12.3 SOFC and SOEC Production Mode & Process
12.4 SOFC and SOEC Sales and Marketing
12.4.1 SOFC and SOEC Sales Channels
12.4.2 SOFC and SOEC Distributors
12.5 SOFC and SOEC Customers
13 SOFC AND SOEC MARKET DYNAMICS
13.1.1 SOFC and SOEC Industry Trends
13.1.2 SOFC and SOEC Market Drivers
13.1.3 SOFC and SOEC Market Challenges
13.1.4 SOFC and SOEC Market Restraints
14 KEY FINDINGS IN THE GLOBAL SOFC AND SOEC STUDY
15 APPENDIX
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
List of Tables
Table 1. Global SOFC and SOEC Market Size Growth Rate by Type, 2018 VS 2022 VS 2029 (US$ Million)
Table 2. Global SOFC and SOEC Market Size Growth Rate by Application, 2018 VS 2022 VS 2029 (US$ Million)
Table 3. Global SOFC and SOEC Revenue Grow Rate (CAGR) by Region: 2018 VS 2022 VS 2029 (US$ Million)
Table 4. Global SOFC and SOEC Revenue by Region (2018-2023) & (US$ Million)
Table 5. Global SOFC and SOEC Revenue by Region (2024-2029) & (US$ Million)
Table 6. Global SOFC and SOEC Revenue Market Share by Region (2018-2023)
Table 7. Global SOFC and SOEC Revenue Market Share by Region (2024-2029)
Table 8. Global SOFC and SOEC Sales Grow Rate (CAGR) by Region: 2018 VS 2022 VS 2029 (MW)
Table 9. Global SOFC and SOEC Sales by Region (2018-2023) & (MW)
Table 10. Global SOFC and SOEC Sales by Region (2024-2029) & (MW)
Table 11. Global SOFC and SOEC Sales Market Share by Region (2018-2023)
Table 12. Global SOFC and SOEC Sales Market Share by Region (2024-2029)
Table 13. Global SOFC and SOEC Sales by Manufacturers (2018-2023) & (MW)
Table 14. Global SOFC and SOEC Sales Share by Manufacturers (2018-2023)
Table 15. Global SOFC and SOEC Revenue by Manufacturers (2018-2023) & (US$ Million)
Table 16. Global SOFC and SOEC Revenue Market Share by Manufacturers (2018-2023)
Table 17. Global Key Players of SOFC and SOEC, Industry Ranking, 2021 VS 2022 VS 2023
Table 18. SOFC and SOEC Price by Manufacturers (2018-2023) & (USD/KW)
Table 19. Global SOFC and SOEC Manufacturers Market Concentration Ratio (CR5)
Table 20. Global SOFC and SOEC by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue ($ million) in SOFC and SOEC as of 2022)

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