LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global solid oxide fuel cell (SOFC) market. This new report will provide expert market insights for the forecast period 2018-2022.
The report will present an updated analysis of the market with regards to the current competitive landscape and global environment. It will also provide market intelligence on the changing patterns and behavior of end-users across the globe.
The upgraded research report on the solid oxide fuel cell market is an integral part of Technavio’s energy storage portfolio. Technavio provides strategic insights on various aspects of the industry. Some of the topics covered in the energy storage sector include alkaline battery market, primary battery market, forklift battery market, and battery market for ESS.
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Solid oxide fuel cell: market opportunity analysis
Technavio’s previous report on the global solid oxide fuel cell market projected that the Americas showed the highest potential in 2015 compared to APAC and EMEA. Countries such as the US, where most of the technological developments, investment, and commercialization takes place, was driving the market in this region. Along with developments, the rising utilization of cleaner technologies and increasing research funding also aided in market growth.
In the previous report, a senior research analyst at Technavio stated, “The commercialization of hybrid SOFCs is an important driving factor for the market. The need for higher efficiency and emission-free power has led to the development of hybrid SOFC systems that utilize a gas turbine to generate power. The combination of SOFC with a gas turbine helps in generating high electrical efficiency. Development in countries such as Japan, the US, and the UK is expected to increase with the onset of high efficiency of such systems.”
Technavio’s new report on the global solid oxide fuel cell market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Competitive landscape and market share analysis of the key players
- Factors impeding growth in the market
The report on the global solid oxide fuel cell market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
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