Global Solid Oxide Fuel Cell Market Analysis & Forecasts 2018-2022 - ResearchAndMarkets.com

DUBLIN--()--The "Global Solid Oxide Fuel Cell Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global solid oxide fuel cell market to grow at a CAGR of 22.31% during the period 2018-2022.

Fuel cells are like battery units that are used to generate electricity from electrochemical reactions. These cells are used to power small devices and to produce megawatts (MW) of electrical energy in large power plants.

One trend in the market is growing preference of self-generation. Consumers are seeking increased reliability in power supplies due to the instances of natural calamities that disrupts the continuous flow of power. This is encouraging residentials to adopt self-generation of power such as fuel cell technology as it is less affected when the grid power fails.

One driver in the market is rising consumption of energy. A major portion of energy is used for space heating and cooling in the residential and commercial sector. This has increased the adoption of clean power source such as fuel cells to provide power in a sustained manner.

The report states that one challenge in the market is growing competition from alternative technologies. The major application areas of SOFC are stationary and transport sector. In transportation, it is used as an APU in idling trucks or as a power source in transport vehicles. It acts as a backup power system or prime power or as CHP in a stationary application.

Companies Mentioned

  • AISIN SEIKI
  • Bloom Energy
  • Elcogen
  • SOLIDpower
  • Viessmann Werke

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Introduction

5: Market Landscape

6: Market Sizing

7: Five Forces Analysis

8: Market Segmentation By Application

9: Customer Landscape

10: Regional Landscape

11: Decision Framework

12: Drivers And Challenges

13: Market Trends

14: Vendor Landscape

15: Vendor Analysis

16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/nzlfn4/global_solid?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Fuel Cells

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Fuel Cells