Energy and Power Planar Solid Oxide Fuel Cell Market | Page 2

By Application • • • Portable Stationary Transportation By Region • • • • Asia-Pacific North America Europe Rest of the World Leading players in the global planar SOFC market include Bloom Energy (U.S.), Aisin Seiki (Japan), Fuel Cell Energy Inc. (U.S.), and Ceramic Fuel Cell Ltd. (Australia). Players in this market are currently investing in R&D to enhance the efficiency and reduce the manufacturing cost of their products. Companies are attempting to avail of opportunities in the emerging economies of Asia-Pacific and parts of Europe through strategies such as joint-ventures, mergers & acquisitions, and partnerships & collaborations. Asia-Pacific is also projected to emerge as the fastest-growing market during the forecast period, registering a CAGR of 12.5%. It is followed by North America, which is set to grow at a CAGR of 11.9%. Europe and the RoW are expected to register CAGRs of 12.1% and 8.0% respectively during the forecast period. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.