Pune, India, June, 2018 /MRFR Press Release/- The Global Solid Oxide Fuel Cell Markets expected to witness a stagnation in growth during the forecast period. This is due to the considerable growth in the power sector with population boom along with the rise in energy demand in various regions.
Market Highlights
SOFCs are made up of low cost ceramic compound of metal oxides that have extremely high efficiencies. SOFCs work at very high temperatures, at around ... Read more
Solid oxide fuel cells (SOFCs) are electrochemical conversion devices, which produce electricity from oxidation for fuels. Increasing demand of highly efficient fuel cells for commercial applications like stationary, portable, military, or transportation, with high flexibility of fuels to be used are fuelling the growth of SOFC market. Researchers are working on producing low temperature SOFCs, as they reduce overall system cost by reducing ... Read more
According to the new market research report Solid Oxide Fuel Cell Marketby Type (Planar and Tubular), Application (Power Generation, Combined Heat & Power, and Military), End-Use (Data Centers, Commercial & Retail, and APU), Region (North America, Asia Pacific, and Europe) - Global Forecast to 2025, published by MarketsandMarkets™, Government ... Read more
This report on the Solid Oxide Fuel Cell market is a thorough analysis of the size, share, demand, growth, gross profits, earnings, and revenue of the industry. It evaluates the data gathered to give an extensive view of the trends and predicts the possible developments in the forecasted duration. For this study, the historical data has been collected from the years 2016 and 2017 while taking 2018 as the base year to project the growth of the industry in the years 2019 to 2026.
The recent research, Solid Oxide Fuel Cell market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2019 to 2026. Most importantly, the study empowers product owners to recognize the primary market they are expected to serve. To help companies and individuals operating in the ... Read more
Solid oxide fuel cell, also known as SOFC, is an electrochemical process of generating electricity by oxidizing a fuel. These fuel cells exhibit electrical efficiency, which is poised to catalyze its demand over the next couple of years. This analysis by Market Research Future (MRFR) unveils that the global solid oxide fuel cell market is anticipated to mark 12.87% CAGR across the forecast period 2017 to 2023. Also, the ... Read more
In an era where sustainable and clean energy solutions are becoming a global imperative, the solid oxide fuel cell (SOFC) technology is emerging as a powerful contender in revolutionizing the energy landscape. SOFCs represent a cutting-edge innovation that converts chemical energy from a fuel source, such as hydrogen or natural gas, into electricity with significantly higher ... Read more
