Global Solid Oxide Fuel Cell Market To Register A Whopping 9.78% CAGR till 2020: MarketResearchReports.Biz
February 16, 2016MarketResearchReports.Biz has announced addition of new report “Global Solid Oxide Fuel Cell Market 2016-2020” to its database.
About SOFC
An SOFC is a fuel cell that produces electricity through an electrochemical process. SOFCs offer low emissions, long-term stability, high efficiency, and fuel flexibility. The excellent fuel flexibility of the devices permit the use of safe, cheap, and readily available fuels such as hydrocarbons, natural gas, hydrogen, methanol, and syngas. SOFCs, however, require a high operating temperature, usually within the range of 500C-1,000C for the activation of the electrolyte. These high operating temperatures lead to mechanical and chemical compatibility issues and result in longer start-up times.
Technavios analysts forecast the Global Solid Oxide Fuel Cell market to grow at a CAGR of 9.78% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global SOFC market for 2015-2020. To calculate the market size, the report considers the revenue generated from the installation of SOFC while shipment is based upon the total MW shipped.
The market is divided into the following segments based on geography:
APAC
EMEA
Americas
Technavio’s report, Global SOFC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Acumentrics
Aisin
Bloom Energy
FuelCell Energy
Protonex
Redox Power systems.
Other prominent vendors
Ceramic Fuel Cells
Ceres Power Holdings
Delphi
GE
Kyocera
LG Fuel Cell Systems
Mitsubishi Heavy Industries
Panasonic
Toshiba
Ultra Electronics AMI
Market driver
Advances in technology
For a full, detailed list, view our report
Market challenge
Competition from alternative technologies
For a full, detailed list, view our report
Market trend
Reduction in cost
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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