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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,

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Points Covered in The Report:

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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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