The "Solid Oxide Fuel Cells: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering. The global market for solid oxide fuel cells (SOFC) is expected to grow from $...
Autore: Business Wire
DUBLIN: The "Solid Oxide Fuel Cells: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
The global market for solid oxide fuel cells (SOFC) is expected to grow from $3.2 billion in 2025 and is projected to reach $9.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 24.4% during the forecast period of 2025 to 2030.
Hydrogen fuel cells represent a clean and efficient alternative to traditional power generation. The growing use of fuel cells, especially SOFC technology, in stationary applications such as electricity generation for residential usage and microgrids is driving market growth. In addition, government regulations and incentives promote the widespread use of FCEVs in pursuit of net-zero emissions. The expansion of fuel cell infrastructure, coupled with ongoing investments in hydrogen refueling stations and advances in fuel cell technology, are also resulting in more demand for SOFC.
Many companies are focused on R&D and innovations in SOFC technology. For example, in March 2024, EKPO Fuel Cell Technologies GmbH and China FAW Group signed a contract to develop and supply prototype fuel cell stack modules for SOFC technology. In November 2024, Nimbus Power Systems and Toshiba Energy Systems & Solutions Corp. jointly develop a next-generation pure hydrogen fuel cell stack for large mobility applications, such as buses and trucks, as well as for stationary uses, resulting in the growth of the SOFC market.
Report Scope
This report encompasses a segmental analysis of the market by type, component, and application. The report also discusses the new innovations in SOFC technology, regulatory analysis, competitive aspects, energy transition, and economic trends that influence the market. The analyst has included a patent analysis for the SOFC market, which depicts an attractive investment prospect for technology investors. The study consists of Porter's analysis, an ESG development chapter, macro-economic factors, and a competitive landscape analysis, which enables the reader to understand more precisely the competitive environment in the global market. The report concludes by providing detailed profiles of the major providers of SOFCs.
The report also includes a regional analysis of SOFCs that covers North America, Europe, Asia-Pacific, and the Rest of the World (e.g., South America, the Middle East, and Africa). The country analysis, including the U.S., the U.K., South Korea, Japan, and China, further examines the current and future factors influencing demand. For this report, 2024 is considered the base year and 2025 is the estimated year. The market values are forecast for five years through 2030. All market values are in U.S. dollars ($) millions.
The report includes:
Companies Featured
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 110 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $3.2 Billion |
| Forecasted Market Value (USD) by 2030 | $9.6 Billion |
| Compound Annual Growth Rate | 24.4% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Market Overview
Chapter 3 Market Dynamics
Chapter 4 Emerging Technologies and Developments
Chapter 5 Market Segmentation Analysis
Chapter 6 Competitive Landscape
Chapter 7 Sustainability in the Solid Oxide Fuel Cells Market: An ESG Perspective
For more information about this report visit https://www.researchandmarkets.com/r/8erd7v
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Fonte: Business Wire