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The Solid Oxide Fuel Cell market size will grow from USD 403.7 Million in 2017 to USD 882.3 Million by 2023, at an estimated CAGR of 13.92%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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SOFCs are becoming an attractive option for energy-efficient power generation resulting in the rising demand for the product in combined heat and power applications. The U.S., since the past five years, is attempting to actively collaborate with private companies through government bodies such as the U.S. Department of Energy and Environmental Protection Agency. In Canada, private players along with government agencies are ameliorating their position on FC induced energy reliance and considers it as a prime source of energy security for the future.

By Market Players:

Aisin Seiki , Bloom Energy , Convion Fuel Cell Systems , Ceres Power Holdings , Fuelcell Energy , Hexis , Solidpower , Sunfire , Protonex , Watt Fuel Cell Corporation , General Electric , Elcogen , Ztek Corporation , Ultra Undersea Sensor Systems , Atrex Energy,

By Type

Planar , Tubular,

By Application

Power Generation , Combined Heat & Power , Military , Others,

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

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Points Covered in The Report:

The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.

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