Planar solid oxide fuel cell (SOFC) is a flat, thin ceramic plate that converts the chemical energy of a fuel into electricity with minimum emissions. Planar solid oxide fuel cell is a sub-type of SOFC operating at 1000°C and offers the highest energy efficiency, unlike other fuel cell types. They offer efficiencies more than 60% when converting fuel to electricity.

Planar solid oxide fuel cell offers a clean, low-pollution technology to electrochemically generate electricity at high efficiencies, since their efficiencies are not limited by the Carnot cycle of a heat engine. These fuel cell technologies have many advantages over traditional energy conversion systems including high efficiency, reliability, modularity, fuel adaptability, and very low levels of NOx and SOx emissions.

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Planar solid oxide fuel cell is used in oil and gas carrying pipelines, military and transportation applications. North America and Europe are expected to grow at a significant level on account of the increasing demand for alternative electric power generation technologies and growing preference towards distributed power generation. Asia-Pacific is expected to witness the significant growth rate in the global planar solid oxide fuel cell market during the forecast period with Japan being the largest contributor.

Planar solid oxide fuel cell market is expected to witness a CAGR of 11.4% during the forecast period. The global planar solid oxide fuel cell market is driven by the growing demand for renewable and cost effective energy sources. The search for renewable and environment-friendly source of energy would generate the demand for planar solid oxide fuel cell, impacting the market positively in both short and long term. Based on component, planar cells are expected to be the largest segment of the global planar solid oxide fuel cell market during the forecast period.

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The key trend witnessed in the global planar solid oxide fuel cell market includes growing demand for alternative methods of power generation and increasing government support. Factors such as stringent government laws coupled with increasing energy prices are the key trends observed in the market growth for planar solid oxide fuel cell.

High capital investment and operational cost is also expected to restraint the growth of overall market. Conventional solid oxide fuel cell technology requires high cost of cells, stack and balance-of-plant components, and robustness to real-world operating conditions such as the unplanned fuel interruptions at operating temperature and thermal cycling. Additionally, planar solid oxide fuel cell requires additional equipment to protect the stack from failures or damages, adding to further costs.

The global market is dominated by major players such as FuelCell Energy, Inc., Aisin Seiki Co., Ltd., Ultra Electronics Holdings plc, Ceres Power Holdings plc, Ballard Power Systems Inc., SOLIDpower S.p.a, Convion Ltd., Delphi Automotive PLC., and Chevron Corporation.

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