固体酸化物形燃料電池市場レポート：用途、エンドユーザー、地域別、2024年～2032年

固体酸化物形燃料電池の世界市場規模は、2023年に12億8,770万米ドルに達しました。今後、IMARC Groupは、市場は2032年までに40億8,300万米ドルに達し、2024年から2032年の間に13.3%の成長率（CAGR）を示すと予測しています。厳しい環境規制、SOFCの大幅な技術進歩、分散型発電の動向、据置型SOFCの汎用性とコージェネレーションの可能性、商用アプリケーションにおけるコスト効率などが、市場を推進している主な要因です。

固体酸化物形燃料電池（SOFC）はエネルギー変換装置であり、現在電力業界に革命をもたらしています。電解質として固体酸化物を使用し、通常800～1000℃の高温で作動します。この温度では、酸素イオンがカソードからアノードへ容易に移動し、水素と結合して水、熱、電気を生成します。この燃料電池は高い効率を示し、水素、天然ガス、バイオ燃料など幅広い燃料を利用できます。このほか、SOFCは低排出ガスや静かな運転音など数多くの環境上の利点があり、小規模発電から大規模発電所まで幅広い用途に適しています。

世界のSOFC市場は、従来の化石燃料からよりクリーンなエネルギー源へのシフトを必要とする、ますます厳しくなる環境規制の実施に牽引され、力強い成長を遂げています。これと同時に、SOFCの寿命と安定性の向上につながる大幅な技術進歩が、その商業的実行可能性を高めています。さらに、さまざまな最終用途分野、特に輸送と据置型発電からの需要が伸びており、これが市場の拡大を後押ししています。これに伴い、特に新興経済諸国では発電の分散化が進んでおり、これが市場拡大を後押ししています。さらに、エネルギー安全保障への関心の高まりが、SOFCを含む代替エネルギー技術への投資を刺激し、市場の成長に寄与しています。さらに、クリーン・エネルギー技術の採用を後押しする数々の政府の取り組みや支援政策が、市場の成長に拍車をかけています。このほか、気候変動の影響や再生可能エネルギーの利点に関する意識の高まりが消費者行動に影響を与え、SOFCの需要を押し上げています。

固体酸化物形燃料電池市場動向／促進要因：

厳しい環境規制

パリ協定のような世界的イニシアチブは、温室効果ガス排出量削減の要請を強めており、各国政府に環境規制の強化を促しています。その結果、従来の炭素集約的なエネルギー生成方法は廃止されつつあり、よりクリーンな代替エネルギーへのシフトを促しています。優れた効率と低排出量を誇るSOFCは、この変化の中で勢いを増しています。作動温度が高いため、化学エネルギーを電気に直接変換することができ、エネルギーの浪費を最小限に抑え、効率を最大化することができます。重要なのは、SOFCは水素燃料に限定されることなく、再生可能エネルギーを含むさまざまな燃料を効率的に利用できることで、その潜在的な用途を広げ、環境面での信用をさらに強固なものにしています。これとは別に、グリーン技術に対する補助金や税額控除などのインセンティブが、SOFCの採用をさらに促進しています。

現在進行中の技術の進歩と革新

電極材料や電解質設計の画期的な進歩により、SOFCの温度変化に対する耐性が向上し、熱応力が軽減され、全体的な耐久性が向上するなど、SOFC技術の大幅な進歩が市場の成長を後押ししています。これに加えて、システムレベルの改善により、よりコンパクトでモジュール化されたSOFC設計が生み出されています。これらの合理化されたシステムは、既存のインフラに容易に統合できるため、潜在的な応用範囲が大幅に広がっています。さらに、SOFCの燃料の柔軟性における継続的な技術革新が、市場成長の有利な見通しを生み出しています。さらに、SOFCの動作温度を下げることを目的とした一貫した研究のブレークスルーが、これらのシステムをより安全で経済的なメンテナンスにしており、その結果、潜在的な使用事例が拡大していることも、市場の成長に寄与しています。

分散型発電の拡大

エネルギーの自律化、グリッド回復力の向上、より効率的なエネルギー利用への要望の高まりに大きく後押しされた分散型発電への動向が、市場の成長に寄与しています。これに加えて、SOFCとその高い効率性と燃料の柔軟性は、特にグリッド接続が困難な、あるいは信頼性の低い地域でのオンサイト発電に最適なソリューションとなっています。特に、病院やデータセンターのような重要な施設では、安定した中断のない電力を供給するSOFCの能力が極めて重要です。さらに、熱と電力の両方を生成するSOFCのコージェネレーション機能は、もうひとつの利点となります。発電プロセスで発生する廃熱を利用することで、総合的なエネルギー利用率が向上し、より持続可能で費用対効果の高いエネルギー・システムに貢献します。さらに、SOFC技術のスケーラビリティは、個々の住宅、産業用サイト、グリッド・サポート・システムなど、幅広いアプリケーションへの展開を可能にします。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界の固体酸化物形燃料電池市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：用途別

• ポータブル
  • 市場動向
  • 市場予測
• 据置型
  • 市場動向
  • 市場予測

第7章 市場内訳：エンドユーザー別

• 商業
  • 市場動向
  • 市場予測
• データセンター
  • 市場動向
  • 市場予測
• 軍事と防衛
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第8章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第9章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第12章 価格分析

第13章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Adaptive Energy LLC
  • Aisin Seiki Co. Ltd.
  • Bloom Energy
  • Convion Ltd.
  • Elcogen AS
  • Fuji Electric Co. Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • POSCO Energy
  • SOLIDpower Group
  • Sunfire GmbH
  • Watt Fuel Cell Corporation

List of Figures

• Figure 1: Global: Solid Oxide Fuel Cell Market: Major Drivers and Challenges
• Figure 2: Global: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018-2023
• Figure 3: Global: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 4: Global: Solid Oxide Fuel Cell Market: Breakup by Application (in %), 2023
• Figure 5: Global: Solid Oxide Fuel Cell Market: Breakup by End User (in %), 2023
• Figure 6: Global: Solid Oxide Fuel Cell Market: Breakup by Region (in %), 2023
• Figure 7: Global: Solid Oxide Fuel Cell (Portable) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 8: Global: Solid Oxide Fuel Cell (Portable) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 9: Global: Solid Oxide Fuel Cell (Stationary) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 10: Global: Solid Oxide Fuel Cell (Stationary) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 11: Global: Solid Oxide Fuel Cell (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: Solid Oxide Fuel Cell (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: Solid Oxide Fuel Cell (Data Centers) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: Solid Oxide Fuel Cell (Data Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: Solid Oxide Fuel Cell (Military and Defense) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: Solid Oxide Fuel Cell (Military and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: Solid Oxide Fuel Cell (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: Solid Oxide Fuel Cell (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: North America: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: North America: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: United States: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: United States: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: Canada: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: Canada: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: Asia-Pacific: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: Asia-Pacific: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: China: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: China: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: Japan: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: Japan: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: India: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: India: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: South Korea: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: South Korea: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: Australia: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: Australia: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: Indonesia: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: Indonesia: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: Others: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: Others: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: Europe: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: Europe: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Germany: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Germany: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: France: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 46: France: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 47: United Kingdom: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 48: United Kingdom: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 49: Italy: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 50: Italy: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 51: Spain: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 52: Spain: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 53: Russia: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 54: Russia: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 55: Others: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 56: Others: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 57: Latin America: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 58: Latin America: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 59: Brazil: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 60: Brazil: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 61: Mexico: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 62: Mexico: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 63: Others: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 64: Others: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 65: Middle East and Africa: Solid Oxide Fuel Cell Market: Sales Value (in Million US$), 2018 & 2023
• Figure 66: Middle East and Africa: Solid Oxide Fuel Cell Market: Breakup by Country (in %), 2023
• Figure 67: Middle East and Africa: Solid Oxide Fuel Cell Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 68: Global: Solid Oxide Fuel Cell Industry: SWOT Analysis
• Figure 69: Global: Solid Oxide Fuel Cell Industry: Value Chain Analysis
• Figure 70: Global: Solid Oxide Fuel Cell Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Solid Oxide Fuel Cell Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Solid Oxide Fuel Cell Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 3: Global: Solid Oxide Fuel Cell Market Forecast: Breakup by End User (in Million US$), 2024-2032
• Table 4: Global: Solid Oxide Fuel Cell Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 5: Global: Solid Oxide Fuel Cell Market: Competitive Structure
• Table 6: Global: Solid Oxide Fuel Cell Market: Key Players

The global solid oxide fuel cell market size reached US$ 1,287.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,083.0 Million by 2032, exhibiting a growth rate (CAGR) of 13.3% during 2024-2032. Stringent environmental regulations, significant technological advancements in SOFCs, the trend towards decentralized power generation, the versatility and cogeneration potential of stationary SOFCs, and cost-efficiency in commercial applications are some of the major factors propelling the market.

The solid oxide fuel cell (SOFC) is an energy conversion device, presently revolutionizing the power industry. It uses solid oxide material as the electrolyte as it operates at high temperatures, typically between 800 to 1000 degrees Celsius. At these temperatures, oxygen ions can easily move from the cathode to the anode, combining with hydrogen to produce water, heat, and electricity. This fuel cell exhibits high efficiency and can utilize a broad spectrum of fuels, including hydrogen, natural gas, and biofuels. Besides this, the SOFC offers numerous environmental benefits, including low emissions and quiet operation, making it highly preferable for a wide range of applications, from small-scale power generation to larger power plants.

The global SOFC market is experiencing robust growth, driven by the implementation of increasingly stringent environmental regulations, necessitating a shift from traditional fossil fuels towards cleaner energy sources. Concurrent with this, significant technological advancements leading to improvements in the longevity and stability of SOFCs is bolstering their commercial viability. Moreover, there is a growing demand from various end-use sectors, particularly transportation and stationary power generation, which is propelling the market's expansion. In line with this, the ongoing trend toward decentralization of power generation, particularly in developed economies, is aiding in market expansion. Additionally, surging energy security concerns stimulating investments in alternative energy technologies, including SOFCs, are contributing to the market's growth. Furthermore, numerous government initiatives and supportive policies providing incitement for the adoption of clean energy technologies are fueling the market growth. Besides this, the rising awareness about the implications of climate change and the advantage of renewable energy is influencing consumer behavior, thereby impelling the demand for SOFCs.

Solid Oxide Fuel Cell Market Trends/Drivers:

Stringent environmental regulations

Global initiatives, such as the Paris Agreement, have intensified the call for lower greenhouse gas emissions, leading governments to enforce stricter environmental regulations. Consequently, traditional, carbon-intensive energy generation methods are being phased out, triggering the shift towards cleaner alternatives. SOFCs, with their superior efficiency and low emissions, are gaining momentum in this changing landscape. Their high operating temperature enables the direct conversion of chemical energy to electricity, minimizing energy wastage and maximizing efficiency. Significantly, SOFCs are not restricted to hydrogen fuel but can efficiently utilize a variety of fuels, including renewables, broadening their potential application, and further consolidating their environmental credentials. Apart from this, incentives, such as subsidies and tax credits, for green technologies have further catalyzed the adoption of SOFCs.

Ongoing technological advancements and innovations

Significant advancements in SOFC technology, such as breakthroughs in electrode materials and electrolyte designs improving the tolerance of SOFCs to fluctuating temperatures, reducing thermal stress, and improving overall durability, are propelling the market growth. In addition to this, system-level improvements have led to the creation of more compact and modular SOFC designs. These streamlined systems can be easily integrated into existing infrastructure, significantly broadening the range of potential applications. Moreover, ongoing innovation in the fuel flexibility of SOFCs is creating a favorable outlook for market growth. Additionally, consistent research breakthroughs aimed at reducing the operating temperatures of SOFCs are making these systems safer and more economical to maintain, which, in turn, is expanding their potential use cases are contributing to the market's growth.

Expanding decentralization of power generation

The trend towards decentralized power generation, largely driven by the growing desire for energy autonomy, improved grid resiliency, and more efficient energy utilization, is contributing to the market's growth. Besides this, SOFCs and their high efficiency and fuel flexibility make them an optimal solution for on-site power generation, especially in areas where grid connectivity is challenging or unreliable. Their ability to provide consistent, uninterrupted power is particularly crucial for critical facilities like hospitals or data centers. Moreover, the cogeneration capabilities of SOFCs, generating both heat and power, provide another advantage. By harnessing the waste heat produced during the power generation process, they deliver improved overall energy utilization, contributing to more sustainable and cost-effective energy systems. Furthermore, the scalability of SOFC technology enables its deployment across a wide spectrum of applications, including individual residential units, industrial sites, and grid support systems.

Solid Oxide Fuel Cell Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global solid oxide fuel cell market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on application and end user.

Breakup by Application:

Portable

Stationary

Stationary dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes portable and stationary. According to the report, stationary represented the largest segment.

The demand for stationary SOFCs is being propelled by the unique combination of their adaptability and their potential for cogeneration. SOFCs can be deployed in diverse settings due to their scalability. This broad usability opens a wide range of potential markets for stationary SOFCs. Additionally, they offer the potential for cogeneration or combined heat and power (CHP), where the heat generated during electricity production is captured and used for heating purposes. This enhances overall energy utilization, leading to significant energy cost savings. Furthermore, growing urbanization and industrialization, particularly in developing countries, are spurring the need for reliable, efficient power solutions. In confluence with this, there's an emerging trend in smart grid technology, where SOFCs, as a part of distributed generation systems, can contribute to grid stability and reliability. This presents a lucrative landscape for stationary SOFCs, driving their demand upwards.

Breakup by End User:

Commercial

Data Centers

Military and Defense

Others

Commercial holds the largest share in the market

A detailed breakup and analysis of the market based on the end user has also been provided in the report. This includes commercial, data centers, military and defense, and others. According to the report, commercial accounted for the largest market share.

The demand for SOFCs in commercial applications spurred by their cost-efficiency, resilience, and versatility represents one of the main factors impelling the market growth. Businesses are consistently seeking ways to reduce operating costs and enhance sustainability. SOFCs provide an excellent solution to these needs, offering high energy conversion efficiency, which significantly reduces energy costs. Their resilience to power disruptions, an increasing concern amidst climatic changes and grid vulnerabilities, ensures a reliable power supply for continuous business operations. SOFCs are also fuel agnostic, able to operate on a diverse array of fuel sources, allowing businesses to select the most cost-effective or readily available fuel. They also align with corporate sustainability goals, given their lower emissions profile compared to traditional energy sources. The commercial sector's growing emphasis on data centers and the electrification of various processes is creating remunerative opportunities for SOFCs. Furthermore, businesses appreciate the minimal noise and vibration from SOFCs, which can be critical for certain environments such as hospitals, data centers, and offices.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest solid oxide fuel cell market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The surging demand for SOFCs in North America is primarily driven by energy policies, regional resource availability, and the region's commitment to innovation and technological advancement. North America, with its abundant natural gas reserves, provides an ideal setting for the deployment of SOFCs, given their compatibility with this fuel type. Additionally, North America is a hub of technological innovation, with several key SOFC manufacturers based in the region, stimulating local demand. The region also hosts several initiatives supporting the research, development, and deployment of advanced energy technologies, including SOFCs. Federal and state-level policies, such as the investment tax credit (ITC) for fuel cells, serve as incentives for SOFC adoption. Moreover, the heightened focus on grid modernization and infrastructure resilience in North America is contributing to the market's growth.

Competitive Landscape:

The global SOFC market is marked by healthy competition, with a mix of established companies and emergent players vying for market share. Companies are investing heavily in research and development to enhance SOFC performance, efficiency, and durability. A key competitive factor lies in the ability to operate at lower temperatures, extending the lifespan of the fuel cell and expanding its application range. Collaborations and partnerships are increasingly prevalent in the industry as companies seek to integrate complementary capabilities for market expansion. Additionally, market entrants are exploring niche applications for SOFCs, adding to the market's dynamism. The regulatory environment and government incentives further shape this competitive landscape, influencing both market entry and the pace of innovation.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Adaptive Energy LLC

Aisin Seiki Co. Ltd.

Bloom Energy

Convion Ltd.

Elcogen AS

Fuji Electric Co. Ltd.

Mitsubishi Heavy Industries Ltd.

POSCO Energy

SOLIDpower Group

Sunfire GmbH

Watt Fuel Cell Corporation.

Recent Developments:

In May 2023, Aisin Corporation announced the development of an ultrahigh-efficiency motor using NANOMET jointly with Tohoku Magnet Institute Co., Ltd.

In March 2023, Convion and Shell Global Solutions International announced their collaboration to develop, validate and commercialize advanced Solid Oxide Electrolysers (SOEC) supplied by Convion.

In Feb 2023, Bloom Energy launched its newest Combined Heat and Power Solution to further enhance the efficiency of its Bloom Energy Server(TM) to serve customers in markets facing growing energy demand but constrained power grids and ambitious climate goals.

Key Questions Answered in This Report

• 1. How big is the global solid oxide fuel cell market?
• 2. What is the expected growth rate of the global solid oxide fuel cell market during 2024-2032?
• 3. What are the key factors driving the global solid oxide fuel cell market?
• 4. What has been the impact of COVID-19 on the global solid oxide fuel cell market?
• 5. What is the breakup of the global solid oxide fuel cell market based on the application?
• 6. What is the breakup of the global solid oxide fuel cell market based on the end user?
• 7. What are the key regions in the global solid oxide fuel cell market?
• 8. Who are the key players/companies in the global solid oxide fuel cell market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Solid Oxide Fuel Cell Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Application

• 6.1 Portable
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Stationary
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by End User

• 7.1 Commercial
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Data Centers
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Military and Defense
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Region

• 8.1 North America
  • 8.1.1 United States
    • 8.1.1.1 Market Trends
    • 8.1.1.2 Market Forecast
  • 8.1.2 Canada
    • 8.1.2.1 Market Trends
    • 8.1.2.2 Market Forecast
• 8.2 Asia-Pacific
  • 8.2.1 China
    • 8.2.1.1 Market Trends
    • 8.2.1.2 Market Forecast
  • 8.2.2 Japan
    • 8.2.2.1 Market Trends
    • 8.2.2.2 Market Forecast
  • 8.2.3 India
    • 8.2.3.1 Market Trends
    • 8.2.3.2 Market Forecast
  • 8.2.4 South Korea
    • 8.2.4.1 Market Trends
    • 8.2.4.2 Market Forecast
  • 8.2.5 Australia
    • 8.2.5.1 Market Trends
    • 8.2.5.2 Market Forecast
  • 8.2.6 Indonesia
    • 8.2.6.1 Market Trends
    • 8.2.6.2 Market Forecast
  • 8.2.7 Others
    • 8.2.7.1 Market Trends
    • 8.2.7.2 Market Forecast
• 8.3 Europe
  • 8.3.1 Germany
    • 8.3.1.1 Market Trends
    • 8.3.1.2 Market Forecast
  • 8.3.2 France
    • 8.3.2.1 Market Trends
    • 8.3.2.2 Market Forecast
  • 8.3.3 United Kingdom
    • 8.3.3.1 Market Trends
    • 8.3.3.2 Market Forecast
  • 8.3.4 Italy
    • 8.3.4.1 Market Trends
    • 8.3.4.2 Market Forecast
  • 8.3.5 Spain
    • 8.3.5.1 Market Trends
    • 8.3.5.2 Market Forecast
  • 8.3.6 Russia
    • 8.3.6.1 Market Trends
    • 8.3.6.2 Market Forecast
  • 8.3.7 Others
    • 8.3.7.1 Market Trends
    • 8.3.7.2 Market Forecast
• 8.4 Latin America
  • 8.4.1 Brazil
    • 8.4.1.1 Market Trends
    • 8.4.1.2 Market Forecast
  • 8.4.2 Mexico
    • 8.4.2.1 Market Trends
    • 8.4.2.2 Market Forecast
  • 8.4.3 Others
    • 8.4.3.1 Market Trends
    • 8.4.3.2 Market Forecast
• 8.5 Middle East and Africa
  • 8.5.1 Market Trends
  • 8.5.2 Market Breakup by Country
  • 8.5.3 Market Forecast

9 SWOT Analysis

• 9.1 Overview
• 9.2 Strengths
• 9.3 Weaknesses
• 9.4 Opportunities
• 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

• 11.1 Overview
• 11.2 Bargaining Power of Buyers
• 11.3 Bargaining Power of Suppliers
• 11.4 Degree of Competition
• 11.5 Threat of New Entrants
• 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

• 13.1 Market Structure
• 13.2 Key Players
• 13.3 Profiles of Key Players
  • 13.3.1 Adaptive Energy LLC
    • 13.3.1.1 Company Overview
    • 13.3.1.2 Product Portfolio
  • 13.3.2 Aisin Seiki Co. Ltd.
    • 13.3.2.1 Company Overview
    • 13.3.2.2 Product Portfolio
    • 13.3.2.3 Financials
    • 13.3.2.4 SWOT Analysis
  • 13.3.3 Bloom Energy
    • 13.3.3.1 Company Overview
    • 13.3.3.2 Product Portfolio
    • 13.3.3.3 Financials
  • 13.3.4 Convion Ltd.
    • 13.3.4.1 Company Overview
    • 13.3.4.2 Product Portfolio
  • 13.3.5 Elcogen AS
    • 13.3.5.1 Company Overview
    • 13.3.5.2 Product Portfolio
  • 13.3.6 Fuji Electric Co. Ltd.
    • 13.3.6.1 Company Overview
    • 13.3.6.2 Product Portfolio
    • 13.3.6.3 Financials
    • 13.3.6.4 SWOT Analysis
  • 13.3.7 Mitsubishi Heavy Industries Ltd.
    • 13.3.7.1 Company Overview
    • 13.3.7.2 Product Portfolio
    • 13.3.7.3 Financials
    • 13.3.7.4 SWOT Analysis
  • 13.3.8 POSCO Energy
    • 13.3.8.1 Company Overview
    • 13.3.8.2 Product Portfolio
  • 13.3.9 SOLIDpower Group
    • 13.3.9.1 Company Overview
    • 13.3.9.2 Product Portfolio
  • 13.3.10 Sunfire GmbH
    • 13.3.10.1 Company Overview
    • 13.3.10.2 Product Portfolio
  • 13.3.11 Watt Fuel Cell Corporation
    • 13.3.11.1 Company Overview
    • 13.3.11.2 Product Portfolio