Energy and Power Planar Solid Oxide Fuel Cell Market
Planar Solid Oxide Fuel Cell Market Analysis: Revenue,
Growth, Insights, Trends, Forecast 2020
The report “Planar Solid Oxide Fuel Cell Market by Cost Breakdown (Planar Cells, Separator
Plates, Manifolds, Seals, and Others), Application (Stationary, Transportation, and Portable)
& by Region (Asia-Pacific, North America, Europe, and Rest of the world) - Global Trends &
Forecast to 2020” defines and segments the planar solid oxide fuel cell (SOFC) market, with an
analysis of market size, by value, market shares of leading players, and a forecast of future trends.
It also identifies the key drivers, restraints, and challenges of the market, hi ghlighting the latest
trends and identifying opportunities.
The planar solid oxide fuel cell (SOFC) is a high-temperature electrochemical device that converts
chemical energy to electrical energy. Unlike other fuel cells, the electrolyte used in SOFC is solid
in form, which enables design and fabrication in various forms and shapes. Planar SOFC is a
subtype of SOFC wherein the cell is a sandwich structure arranged in stacks, as opposed to the
tubular SOFC, which is tubular in shape.
Leading players in the global planar SOFC market include:
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Bloom Energy (U.S.)
Aisin Seiki (Japan)
Fuel Cell Energy Inc. (U.S.)
Ceramic Fuel Cell Ltd. (Australia)
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The planar SOFC market is projected to reach a value of $ 639.2 Million in 2020 from an
estimated value of $ 362.0 Million in 2015 growing at a CAGR of 12.0% from 2015 to 2020, with
the demand from countries such as Japan, the U.S., South Korea, and Germany set to increase.
The demand for planar SOFC is primarily driven by the expansion of distributed power generation
to connect more residential and commercial areas to power supply and the gro wing number of
electric vehicle applications based on fuel cells.
Table of Contents
- Introduction
- Research Methodology