Global Planar Solid Oxide Fuel Cell (SOFC) Market Outlook to 2026 - A $1.26 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 9, 2018--The “Planar Solid Oxide Fuel Cell - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Planar Solid Oxide Fuel Cell market accounted for $414.44 million in 2017 and is expected to reach $1,266.59 million by 2026 growing at a CAGR of 13.2% from 2017 to 2026.
Rising demand from automotive sector, growing R&D expenditure for commercializing planar SOFC technology and increasing support for alternative power generation technologies from governments across the world are some of the key factors driving the market growth. However, the longer start-up time and high capital investment are few factors restraining the growth of the market.
Based on Application, Stationary power is that which produces energy, with the possibility of supplementary heat, from a source which cannot be moved. Stationary SOFC power plants are the stack module containing the SOFC stack aggregate and the related peripherals. It has been presented that 21-75% of the systems’ total cost can be due to the stack module. One system being developed to change the way energy is produced and distributed is the combined heat and power (CHP) system.
Based on geography, Europe is estimated to have a significant growth in the market during the forecast period. The growth is due to rising need for alternative electric power generation technologies and increasing preference towards distributed power generation.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Planar Solid Oxide Fuel Cell Market, By Component
6 Global Planar Solid Oxide Fuel Cell Market, By Application
7 Global Planar Solid Oxide Fuel Cell Market, By Geography
8 Key Developments
9 Company ProfilingFuel Cell Energy Bloom Energy Corporation Protonex Technology Corporation SOFC Power S.P.A Topsoe Fuel Cell Aisin Seiki Corporation Limited Ultra Electronics Watt Fuel Cell Corporation Convion Fuel Cells Ltd. Hexis AG Ceres Power Holdings PLC Delphi Accumentrics Corporation Staxera Sunfire GmbH Ceramic Fuel Cells Limited
For more information about this report visit https://www.researchandmarkets.com/research/3qtl5s/global_planar?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181109005469/en/
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Related Topics:Fuel Cells
INDUSTRY KEYWORD: ENERGY OTHER ENERGY
SOURCE: Research and Markets
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PUB: 11/09/2018 12:23 PM/DISC: 11/09/2018 12:23 PM