Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Editor's Pick Market Research

Solid Oxide Fuel Cell Market size worth $ 1179.27 Million

Urja Daily by Urja Daily
October 28, 2021
in Market Research
Reading Time: 3 mins read
0
Solid Oxide Fuel Cell
Share on FacebookShare on TwitterShare on Linkedin

JERSEY CITY, N.J. – Verified Market Research recently published a report, “Solid Oxide Fuel Cell Market” By Application (Combined Heat And Power, Military, Power Generation), By Type (Planar, Tubular), By End User (Telecom Tower, Residential, Data Centers), and By Geography. According to Verified Market Research, the Global Solid Oxide Fuel Cell Market size was valued at USD 489.35 Million in 2020 and is projected to reach USD 1179.27 Million by 2028, growing at a CAGR of 11% from 2021 to 2028.

Global Solid Oxide Fuel Cell Market Overview

RELATED POSTS

Are Micro Electric Vehicles the Perfect Urban Mobility Solution?

Can the Energy Management System (EMS) Market Overcome Challenges to Unlock Growth Opportunities?

Rising Application in the Military sector and growing adoption by end-users are the factors that help to motivate the market. Moreover, other features like the ability to run on multiple fuels, Emergence of hybrid SOFC technologies, growing demand from clean energy sources as well as distributed power generation and rising demand for energy-efficient power generation method are the factor which empowers the market demand. Moreover, it gets extensively used in functioning energy-intensive data centers with the intention of facilitating real-time backup of the data as well as enhancing operational performance.

Furthermore, numerous product inventions, like the development of portable as well as noiseless SOFCs for military applications, are also other growth factors. These advanced variations are being widely used for operating military robots, UAVs, together with communications devices. Additionally, some other factor which leads to the market growth includes widespread R&D activities in fuel cell programs, together with the execution of favorable government policies. Technical issues like high start-up time & High operating temp together with increasing capital cost and available alternatives are the factors that hamper the market growth

Key Developments in Solid Oxide Fuel Cell Market

  • In August 2020, Aisin AW and Aisin Seiki which both are part of Aisin Group have planned to integrate their management in order to support their advanced research business which will help to improve the efficiency of resources and interconnected projects, resulting in agile research.
  • In April 2020, Konan Kogyo which is a subsidiary of Aisin Seki has established a hydrogen station with the intention of endorsing the revolution from petroleum-based energy to clean energy. Under this partnership, Aisin Seiki and Toyota Group plan to use fuel cell-electrified buses for transportation.
  • In November 2020, SK E&C and Bloom Energy have won a competitive bid for Korea’s Changwon RE100 Project. Under this project, the duo will supply 100% hydrogen-powered electrolyzers as well as solid-oxide fuel cells. From 2021 into 2022. Bloom Energy will supply 1.8 MW of hydrogen-powered fuel cells through a multi-stage deployment.

The major players in the market are Bloom Energy, Ceres Power Holdings, Hexis, Sunfire, Watt Fuel Cell Corporation, Elcogen, Ultra Undersea Sensor Systems, Atrex Energy, Aisin Seiki, Convion Fuel Cell Systems, Fuelcell Energy, Solidpower, Protonex, General Electric, and Ztek Corporation.

Verified Market Research has segmented the Global Solid Oxide Fuel Cell Market On the basis of Application, Type, End-User, and Geography.

  • Solid Oxide Fuel Cell Market, By Application
    • Combined Heat & Power
    • Military
    • Power Generation
  • Solid Oxide Fuel Cell Market, By Type
    • Tubular
    • Planar
  • Solid Oxide Fuel Cell Market, By End-User
    • Telecom Tower
    • Auxiliary Power Unit
    • Residential
    • Data Centers
    • Commercial & Retail
    • Portable & unmanned Systems
  • Solid Oxide Fuel Cell Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America
Tags: Combined Heat And PowerMilitarypower generationSolid Oxide Fuel Cell
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Micro Electric Vehicles

Are Micro Electric Vehicles the Perfect Urban Mobility Solution?

by Palak
September 18, 2025
0

The global mobility industry is going through a period of rapid change. As urban populations continue to rise and issues...

Energy Management System

Can the Energy Management System (EMS) Market Overcome Challenges to Unlock Growth Opportunities?

by Palak
September 15, 2025
0

As industries, governments, and consumers face unprecedented pressure to reduce carbon footprints, cut costs, and meet sustainability goals, the role...

Fuel Cell Vehicle Market

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

by Palak
September 8, 2025
0

The automotive industry is experiencing a profound transformation as the world shifts toward sustainable energy solutions. While battery electric vehicles...

EV Battery Revolution

What’s Holding Back the EV Battery Revolution?

by Palak
September 4, 2025
0

The Electric Vehicle (EV) Battery Market is at the center of the global clean mobility transition. With EV adoption accelerating...

Autonomous Driving Software

What Opportunities Exist for Startups in the Autonomous Driving Software Market?

by Palak
September 3, 2025
0

The rise of self-driving technology is reshaping global mobility, creating a wave of opportunities across software, hardware, and services. Among...

Next Post
powerupiowa

Power Up Iowa Holds First-Annual American Clean Power Week

Gas Detection Equipment

Gas Detection Equipment Market Is Forecast To Reach USD 3,890 Million

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

VinFast

VinFast Expands into Hyderabad with Dual Showroom Launch

September 26, 2025
Mr. Saleem Ahmed, Officiating Head, ESSCI

India Can Lead in Semiconductor Innovation, If We Skill Right

September 25, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

VinFast Expands into Hyderabad with Dual Showroom Launch

India Can Lead in Semiconductor Innovation, If We Skill Right

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

Renewables Resilience: July Data Shows Growth Amidst Anti-Clean Energy Bills

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved