123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Solid Oxide Fuel Cell Market Progresses For Huge Profits During 2025

By Author: Akshay
Total Articles: 111

The report "Solid Oxide Fuel Cell Market by Type (Planar and Tubular), Application (Power Generation, Combined Heat & Power, and Military), End-Use (Data Centers, Commercial & Retail, and APU), Region (North America, Asia Pacific, and Europe) - Global Forecast to 2025", The solid oxide fuel cell market is expected to grow from an estimated USD 403.4 Million in 2017 to USD 1,140.6 Million by 2025, at a CAGR of 13.88%, from 2017 to 2025. The global market is set to witness a significant growth due to government subsidies and fuel cell programs in the US, Japan, and Europe.

Get Sample Copy of Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=39365796

The power generation segment is expected to hold the largest share of the solid oxide fuel cell market, by application, during the forecast period.

The power generation segment was the largest segment by market share for the solid oxide fuel cell market in 2016 and is projected to dominate the solid oxide fuel cell market during the forecast period. The growth of the power generation segment is primarily driven by the increasing demand for efficient power generation by the commercial and retail end-use segments as well as data centers and telecom towers. Solid oxide fuel cells have an efficiency of as high as 67% as compared to other technologies, such as reciprocating engines which have an efficiency of less than 30%. The government subsidies and incentives given for fuel cell installations in the US and Japan are also driving the growth of the power generation segment.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39365796

The planar segment is expected to hold the largest share of the solid oxide fuel cell market, by type, during the forecast period.

The planar segment held the largest market share in the solid oxide fuel cell market, by type in 2016 and is expected to dominate the market during the forecast period. The growth of the planar segment is mainly attributed to the applications of the planar SOFC type in the power generation segment and transportation APU end-use. The planar type is the most commonly used type of solid oxide fuel cell for sub-megawatt and megawatt-scale installations. Companies, such as Bloom Energy (US) and Sunfire (Germany) which dominate the power generation segment, offer planar type SOFC.

Buy This Report Now ($5650) Here: https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=39365796

North America: The leading market for solid oxide fuel cell

In this report, the solid oxide fuel cell market has been analyzed with respect to three regions, namely, North America, Europe, and Asia Pacific. The market in North America led the global solid oxide fuel cell market in 2016. Government subsidies and incentives provided for the installation of solid oxide fuel cells for power generation applications was the driving factor for the growth in this region. The market in North America is dominated by the power generation segment, with Bloom Energy being the market leader in the supply of solid oxide fuel cells. Several commercial and retail outlets, such as Walmart, Home Depot, and Ikea are investing in solid oxide fuel cells to power their retail outlets and offices for cost saving and emission reduction.

Related Reports:

“Power Transformer Market by Rating (Small Power Transformer (Up to 60MVA), Medium Power Transformer (61 – 600MVA), Large Power Transformer (Above 600MVA)), by Type of Cooling Method (Oil-Cooled and Air-Cooled), & Region - Global Trends & Forecasts to 2020”

Read this Blog: https://energyandpowerdotblog.wordpress.com/

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Total Views: 6Word Count: 648See All articles From Author

Business Articles

1. A Language Translation Company Par Excellence In Delhi
Author: The Yellow Coin Communication Pvt. Ltd.

2. Translation Tips From Tycc
Author: The Yellow Coin Communication Pvt. Ltd.

3. Financial Problem’s Solution & Right Strategic Planning
Author: Unknown Member

4. Top 10 Best Makeup Subscription Boxes In New York
Author: Jason Alden

5. High Pressure Pump Market Insights, Trends & Future Development Status Report
Author: Akshay

6. String Inverter Market Growth Potentials Trends Key Company Profile
Author: Akshay

7. Solid Oxide Fuel Cell Market – Global Industry Analysis, And Forecast 2019 – 2025
Author: Akshay

8. Order Custom Cbd Oil Boxes To Enhance Your Brand Value
Author: Jason Alden

9. Opportunities For The Global Optocoupler Market To Reach $2.1 Billion By 2023
Author: Lucintel LLC

10. Flooring Store In Rosedale
Author: Barry’s My Carpet Inc

11. Hp May Introduces A New Gaming Laptop For Dual Screen In The World
Author: Manoj Varma

12. Why Salesforce Crm Is A Necessity For Every Business
Author: Deepak Kushwaha

13. Camera Remote Helps In Enhancing The Wildlife Photography
Author: Fiona Lee

14. Simple Way To Apply Vietnam Visa Application
Author: Unknown Member

15. High Definition Photography – Enhancing Your Picture Skills With Remote Camera
Author: Fiona Lee

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: