PUBLISHER: TechNavio | PRODUCT CODE: 1261937
PUBLISHER: TechNavio | PRODUCT CODE: 1261937
Technavio has been monitoring the solid oxide fuel cells market and is forecast to grow by 191.34 MW during 2022-2027, accelerating at a CAGR of 19.46% during the forecast period. Our report on the solid oxide fuel cells market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising energy consumption, flexibility in use of fuels, and support from governments.
Technavio's solid oxide fuel cells market is segmented as below:
By Application
By End-user
By Geography
This study identifies the growing preference for self-generation as one of the prime reasons driving the solid oxide fuel cells market growth during the next few years. Also, the development of zero-energy homes and increasing R and D activities will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solid oxide fuel cells market vendors that include Aisin Corp., Altergy Systems, AVL List GmbH, Bloom Energy Corp., Ceres Power Holdings plc, Convion Ltd., Cummins Inc., EBZ GmbH, Elcogen AS, FuelCell Energy Inc., General Electric Co., Hitachi Zosen Corp., KYOCERA corp., Mitsubishi Heavy Industries Ltd., MIURA Co. Ltd., NGK SPARK PLUG Co. Ltd., Redox Power Systems LLC, SolidPower Spa, Sunfire GmbH, and Watt Fuel Cell Corp.. Also, the solid oxide fuel cells market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
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