Solid Oxide Fuel Cell Market Strategy with Growth Analysis till 2021

The global solid oxide fuel cell market is estimated to be USD 403.4 million in 2017 and is projected to grow at a CAGR of 13.88% from 2017 to 2025 to reach a market size of USD 1,140.6 million by 2025. Government subsidies and fuel cell programs in Japan and North America, along with growing demand for efficient power generation are the major drivers for the growth of the solid oxide fuel cell market.

Some of the leading players in the solid oxide fuel cell market include Bloom Energy (US), Aisin Seiki (Japan), SOLIDpower (Italy), Sunfire (Germany), UnderSea Sensor Systems (US), and Atrex Energy (US). Contracts & agreements and joint ventures and collaborations were some of the strategies adopted by these players.

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The report defines, describes, and forecasts the global solid oxide fuel cell market type, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the solid oxide fuel cell market.

Why buy this report?

1. The report identifies and addresses key markets for solid oxide fuel cells, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provide insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

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Objectives of the Study

• To define, describe, and forecast the global solid oxide fuel cell market by type, application, and region
• To provide detailed information on major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
• To strategically profile key players and comprehensively analyze their market rankings and core competencies
• To track and analyze competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global solid oxide fuel cell market. Primary sources are mainly industry experts from core and related industries, OEMs, vendors, suppliers, technology developers, alliances, and organizations related to all the segments of this industry’s value chain.

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Target Audience:

• Solid oxide fuel cell manufacturers, dealers, and suppliers
• Government and research organizations
• Transmission and distribution utilities
• State and national regulatory authorities
• Consulting companies in the energy and power sector
• Environmental research institutes
• Investment firms

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues