Solid Oxide Fuel Cell (SOFC) Market Size, Trends, Share, Regional, And Industry Forecast To 2025 : Grand View Research Inc.

12/apr/2019 12:20:40 Grand View Research Contatta l'autore

Questo comunicato è stato pubblicato più di 30 giorni fa. Le informazioni su questa pagina potrebbero non essere attendibili.

San Francisco, 12 April 2019:  The Report  Solid Oxide Fuel Cell (SOFC)Market Analysis (Stationary, Transportation, Portable), By Region (North America, Europe, Asia Pacific, MEA, CSA), And Segment Forecasts, 2018 - 2025

The global Solid Oxide Fuel Cell (SOFC) Market is expected to reach USD 1.42 billion by 2025, growing at a CAGR of 30%, according to a report by Grand View Research, Inc. turn exhibited to display positive growth potential. There has been an increase in more than 44% of corporate funding since the period until 2016 hence displaying feasible commercialization prospect for the technology. 

Increasing the growth of the solid oxide fuel cell market. Two to its working characteristic, solid oxide fuel cell has an efficiency in the range of 50-60%. However, there is a concern with solid fuel cells to reduce the production cost to generate significant profit margins.

The soaring capital and operational costs of the construction of a solid fuel economy. High capital costs are directly related to the compression and storage of hydrogen. Therefore, highly pressurized hydrogen storage requires costly compressors. This is likely to pose a threat to market participants.

The Asia Pacific region is expected to benefit two favorable governmental regulations in countries such as Japan and South Korea. Fuel cell powered automobiles and residential projects receive government subsidies in the region. Big players in North America such as Walmart, Coca-Cola, Equinix, Apple, CenturyLink, AT&T, Verizon are actively investing in solid oxide fuel cell technology to reduce emissions and generate power for company operations.

Access Research Report of  Solid Oxide Fuel Cell (SOFC)  Market  www.grandviewresearch.com/industry-analysis/solid-oxide-fuel-cells-market

Further key findings from the report suggest:

  • The global solid oxide fuel cell market demand is expected to exceed 1.773.3 MW by 2025, at a predicted CAGR of 40.4% from 2017 to 2025
  • The transportation application is expected to have the highest growth rate in terms of revenue
  • Asia Pacific is the largest consumer of solid oxide fuel cells in 2016, in terms of units, closely followed by North America
  • The consumption of solid oxide fuel cells in Europe is expected to reach 112.6 MW by the end of 2025 two to the restructuring of infrastructure in Germany and France
  • Japan accounted for over 30% of the global solid fuel cell demand in 2016 and is expected to maintain dominance over the forecast period

Browse more reports of this category by Grand View Research at:  www.grandviewresearch.com/industry/renewable-energy

Grand View Research has segmented the global solid oxide fuel cell market on the basis of application and region:

Application Outlook (Volume, Units; Capacity, Kw; Revenue, USD Thousand; 2014 - 2025)

  • Stationary
    • Distributed Energy Generation
      • Residential Application
      • Commercial Application
      • Natural Gas Compression Station
      • Data Centers
      • Military & Defense Application
      • Grid Support
      • Industrial
      • Remote Application
      • Others
    • EPS / UPS
  • Transportation
  • Portable

Regional Outlook (Volume, Units; Capacity, Kw; Revenue, USD Thousand; 2014 - 2025)

  • North America
  • europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Access Press Release of  Solid Oxide Fuel Cell (SOFC)  Market  www.grandviewresearch.com/press-release/global-solid-oxide-fuel-cells-sofc-market

About Grand View Research

Grand View Research, Inc. is a US based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies relevant and fact-based research across a range of industries, from chemicals to chemicals, materials and healthcare.

For More Information:  www.grandviewresearch.com

blog comments powered by Disqus
Comunicati.net è un servizio offerto da Factotum Srl