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SOFC Market and Solid Oxide Fuel Cell Applications 2015 - 2019 Global Forecasts


News provided by

ReportsnReports

Nov 14, 2014, 09:30 ET

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DALLAS, November 14, 2014 /PRNewswire/ --

ReportsnReports.com adds Global Solid Oxide Fuel Cell (SOFC) Market 2015-2019, a 66 pages research report that covers 3 three application segments of the SOFC industry - Stationary, transportation, and Portable. This research forecasts the Global Solid Oxide Fuel Cell (SOFC) market to grow at a CAGR of 10.3% over the period 2014-2019. Complete report is available at http://www.reportsnreports.com/reports/316382-global-solid-oxide-fuel-cell-sofc-market-2015-2019.html .

Reduction of SOFC market prices is a primary growth driver for solid oxide fuel cell industry. Both vendors themselves, as well as governments worldwide are working to drive down the price of SOFCs. Pressure to reduce energy consumption has driven growth of energy efficient technology like SOFC, which offers benefits such as low cost, low emissions, long-term stability, high efficiency and fuel flexibility. Reductions in the price of SOFCs will hugely affect their acceptance across industries, and lead to use of these fuel cells in applications in a variety of sectors. Furthermore, the report highlights growing consumer interest in emerging technologies. SOFC is one such technology that is increasingly being used in small stationary and portable applications. These drivers and trends will help propel the Global SOFC Market over the projected period.

A Solid Oxide Fuel Cell (SOFC) is a device that generates electricity through an electrochemical process that involves oxidation of the electrolyte when placed between the two electrodes - anode and cathode. Fuel cells are generally categorized based on the type of electrolyte material used in them; an SOFC uses a solid oxide or ceramic electrolyte. Some of the advantages of an SOFC include its low cost, low emissions, long-term stability, high efficiency, and fuel flexibility. Its high fuel flexibility permits the use of cheap, safe, and readily available fuels such as hydrocarbons, natural gas, hydrogen, methanol, and syngas. An SOFC, however, requires a high operating temperature, usually within the range of 932 degrees to 1,832 degrees Fahrenheit, for the activation of the ceramics. This high operating temperature leads to mechanical and chemical compatibility issues and longer start-up times.

The Global SOFC Market 2015-2019 research report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global SOFC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Companies Acumentrics, Bloom Energy, FuelCell Energy, Mitsubishi Heavy Industries, ADELAN U.K., Alstom, Ceramic Fuel Cells, Ceres Power, Delphi SOFC Technology, Elcogen, Hexis, Protonex, Rolls-Royce, SOFCpower, Sunfire, Topsoe Fuel Cell, Ultra Electronics AMI, WATT Fuel Cell are discussed in this research available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=316382 .

Questions on the Solid Oxide Fuel Cell market that this SOFC industry research helps answer include what will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?

List of Exhibits provided in Global Solid Oxide Fuel Cell (SOFC) Market 2015-2019 research report: 

Exhibit 1: Market Research Methodology
Exhibit 2: Fuel Cells by Type
Exhibit 3: Fuel Cell Segmentation by Application
Exhibit 4: Description of Fuel Cell Application
Exhibit 5: Types of SOFCs
Exhibit 6: Global SOFC Market 2015-2019 (US$ million)
Exhibit 7: Global SOFC Market Segmentation by Application 2014
Exhibit 8: Global SOFC Market by Application 2019
Exhibit 9: Global SOFC Market by Application 2014-2019 (US$ million)
Exhibit 10: Global SOFC Market by Application 2014-2019
Exhibit 11: Global SOFC Market by Stationary Segment (US$ million)
Exhibit 12: Global SOFC Market by Transportation Segment(US$ million)
Exhibit 13: Global SOFC Market by Portable Segment (US$ million)
Exhibit 14: Global SOFC Market by Geographical Segmentation 2014
Exhibit 15: Global SOFC Market by Geographical Segmentation 2019
Exhibit 16: Global SOFC Market by Geographical Segmentation 2014-2019 (US$ million)
Exhibit 17: Global SOFC Market by Geographical Segmentation 2014-2019
Exhibit 18: SOFC Market in the EMEA Region 2014-2019 (US$ million)
Exhibit 19: SOFC Market in the Americas 2014-2019 (US$ million)
Exhibit 20: SOFC Market in the APAC Region 2014-2019 (US$ million)
Exhibit 21: Acumentrics: Product Segmentation 2013
Exhibit 22: FuelCell Energy: Business Segmentation by Revenue 2013
Exhibit 23: FuelCell Energy: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 24: FuelCell Energy: Geographical Segmentation by Revenue 2013
Exhibit 25: Mitsubishi Heavy Industries: Business Segmentation by Revenue 2014
Exhibit 26: Mitsubishi Heavy Industries: Business Segmentation by Revenue 2013 and 2014(US$ billion)
Exhibit 27: Mitsubishi Heavy Industries: Geographical Segmentation by Revenue 2014

Similar and other related market research reports available with ReportsnReports.com include: 

Stationary Fuel Cells: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020: Stationary fuel cell markets at $1.2 billion in 2013 are projected to increase to $14.3 billion in 2020. Growth is anticipated to be based on demand for distributed power generation that uses natural gas. Systems provide clean energy that is good for the environment. Growth is based on global demand and will shift from simple growth to rapid growth measured as a penetration analysis as markets move beyond the early adopter stage. The big box retailers including many, led by Walmart, the data centers, and companies like Verizon are early adopters.

Eventually hydrogen will be used as fuel in the same stationary fuel cell devices. The hydrogen is manufactured from solar farms. Stationary fuel cells have become more feasible as the industry is able to move beyond platinum catalysts.

Global Nanotechnology in Energy Applications Market 2014-2018: The Global Nanotechnology in Energy Applications market is expected to grow at a CAGR of 49.2 percent during the forecast period.

The Global Nanotechnology in Energy Applications market can be segmented into three major applications: Energy Generation, Energy Storage, and Energy Saving.

Key Vendors: Dupont Industrial Biosciences, Exxon Mobil, Johnson Matthey, Nanomix, Sabic Innovative Plastics

Other Prominent Vendors: Altair Nanotechnologies, Bayer MaterialScience, Nanotechnologies, SIM Composites

Explore Other New Reports on Energy and Power Market at http://www.reportsnreports.com/market-research/energy-and-power-supplies/ and other research by Infiniti Research Limited at http://www.reportsnreports.com/publisher/infiniti-research-limited/ .

About Us: 

ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.

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