Global Solid Oxide Fuel Cell Market To Register A Whopping 9.78% CAGR till 2020: MarketResearchReports.Biz

February 16, 2016 0 By Press Release

MarketResearchReports.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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