Solid Oxide Fuel Cell Market
PUBLISHED: 2022 ID: SMRC20248
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Solid Oxide Fuel Cell Market

Solid Oxide Fuel Cell Market Forecasts to 2028 – Global Analysis By Type (Planar, Tubular), Product Mobility (Transport, Portable), Application (Power Generation, Auxiliary Power Unit) and By Geography

4.9 (43 reviews)
4.9 (43 reviews)
Published: 2022 ID: SMRC20248

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2021)

US $1,119.42 MN

Projected Year Value (2028)

US $6,336.30 MN

CAGR (2021 - 2028)

28.1%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

North America


According to Stratistics MRC, the Global Solid Oxide Fuel Cell Market is accounted for $1,119.42 million in 2021 and is expected to reach $6,336.30 million by 2028 growing at a CAGR of 28.1% during the forecast period. Solid oxide fuel is useful for many purposes due to its high electrical efficiency. The solid oxide fuel contains components such as ceramic electrolyte that is compatible with natural gas. Some of the features of SOFC make it a highly valued fuel. The solid oxide fuel is resistant to high temperatures. It can function at a high temperature of 800ºC to 1,000°C.



Market Dynamics:

Driver:

Government subsidies and increased R&D on fuel cell programs


Government policies and incentives provided for fuel cells are some of the important driving factors for the growth of the solid oxide fuel cell industry. States such as California, Delaware, and Connecticut lead in fuel cell programs and offer incentives and subsidies for fuel cell installations, leading to SOFC and other fuel installations in the US. The Self-Generation Incentive Program (SGIP) of California supports the existing, new, and emerging distributed electricity generation through rebates for generators. California had authorized a budget of USD 566 million for SGIP until 2019; however, the program has further been extended, with the latest development being a workshop held by the Energy Division on SGIP Renewable Generation.

Restraint:

High capital costs required for SOFC


SOFC is a complex integration of different chemical elements for the electro-catalytic oxidation of methane, LP gas, and other natural gas-based fuels to generate electricity. Since the basic chemical process is an exothermic reaction, SOFC usually operates at very high temperatures, typically ranging from 700°C to 1,200°C. Conventional ceramic electrolytes do not offer high operational efficiency at such temperatures; therefore, yttria-stabilized zirconia (YSZ) is required as an electrolyte. Further, a study conducted by a US research institution concluded that cell performance increases further when YSZ composite electrodes are also used with the electrolyte. Zirconium is an element that has titanium-like properties and has an extremely high melting temperature of 1,852°C. However, the cost of per unit zirconium is almost double the per-unit cost of conventional ceramic-based electrolytes. This increases fuel cell manufacturing and installation costs, which is one of the major restraints for this market.

Opportunity:

Increasing adoption by end users in data centres and military sector


Data centers are the fastest-growing end-users for power generation applications in the US. Operating a data center is highly power-consuming and power intensive. Additionally, data centers require uninterrupted power 24*7 to minimize the loss of valuable data. According to the IEEE Communications Society, globally, electricity demand from data centers in 2018 was an estimated 198-terawatt hour, or almost 1% of the demand for electricity in the world. Due to the high consumption of power, data centers are opting for cost reductions by adopting distributed power generation, particularly fuel cells.

Threat:

High operating temperatures and start-up time of SOFC


SOFC requires a longer duration for starting up operation when compared to other fuel cell technologies. Being a high-temperature technology, SOFC requires time to reach a critical operating temperature to function at full capacity, thus contributing to higher start-up time. In addition, the operation of a SOFC releases a high amount of heat into the surrounding, which significantly increases the need for good thermal shielding, ultimately increasing its weight. These are the main reasons why SOFC has a low market share in portable applications and emergency power applications.

The stationary segment is expected to be the largest during the forecast period

The stationary segment is expected to be the largest share due to the increasing focus on hydrogen-powered fuel cells for backup power, highly focusing on utilizing renewable energy and hence opting for utility-scale SOFC power plants by the governments of South Korea, China, and Japan.

Region with highest share:

North America is projected to hold the largest share in the market due to the rapidly growing investments, strict government carbon reduction targets, increasing energy demand, and rapidly developing commercial infrastructures.

Region with highest CAGR:

North America is projected to have the highest CAGR in the market. Solid oxide fuel cells majorly find wide-scale applications in the stationary segment in North America. The market is expected to expand further at a considerable growth rate over the forecast period. The market in the U.S. has developed at a tremendous rate and is growing significantly compared to the rest of the world on account of strong government support and strategic market focus.



Key players in the market:

Some of the key players profiled in the Solid Oxide Fuel Cell Market include AVL, Bloom Energy, Ceres, Convion Ltd., Cummins Inc., DuPont de Nemours, Inc., FuelCell Energy Inc., General Electric, KYOCERA Corporation, Mitsubishi Hitachi Power Systems, Ltd., Hexis S.A., NGK SPARK PLUG CO., LTD., Ningbo SOFCMAN Energy, Sunfire GmbH, and Watt Fuel Cell Corporation.

Key developments:

In October 2020: Ceres Power Holdings Plc and Doosan Fuel Cell Co., Ltd. collectively announced to boost their strategic collaboration with the construction of a new SOFC manufacturing facility with 50 MW capacity by 2024. The new unit will be built by Doosan and utilize Ceres’s expertise to deliver enhanced power systems across utilityscale applications.

In June 2020: Bloom Energy and Samsung Heavy Industries (SHI) inked a joint development agreement (JDA) to design and produce fuel cell units to propel marine vessels. SHI aims to integrate efficient fuel cell systems in its ship fleets to the International Maritime Organization’s climate objectives.

Types Covered:
• Planar
• Tubular

Mobilities Covered:
• Stationary
• Transport 
• Portable

Applications Covered:
• Combined Heat & Power 
• Military and Defense (Unmanned Systems) 
• Power Generation 
• Auxiliary Power Unit 
• Commercial & Retail 
• Data Centers 
• Automotive  
• Residential 
• Telecom Tower 
• Hydrogen Generation 
• Grid Support 
• Industrial 
• Remote Application 
• Natural Gas Compression Station 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary  
   
2 Preface  

 2.1 Abstract 
 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology 
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
   
3 Market Trend Analysis  
 3.1 Introduction 
 3.2 Drivers 
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats 
 3.6 Application Analysis 
 3.7 Emerging Markets 
 3.8 Impact of Covid-19 
   
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry 
   
5 Global Solid Oxide Fuel Cell Market, By Type  

 5.1 Introduction 
 5.2 Planar 
 5.3 Tubular 
   
6 Global Solid Oxide Fuel Cell Market, By Mobility  
 6.1 Introduction 
 6.2 Stationary 
  6.2.1 Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS)
  6.2.2 Distributed Energy Generation
 6.3 Transport  
 6.4 Portable 
   
7 Global Solid Oxide Fuel Cell Market, By Application  
 7.1 Introduction 
 7.2 Combined Heat & Power 
 7.3 Military and Defense (Unmanned Systems) 
 7.4 Power Generation 
 7.5 Auxiliary Power Unit 
 7.6 Commercial & Retail 
 7.7 Data Centers 
 7.8 Automotive  
 7.9 Residential 
 7.10 Telecom Tower 
 7.11 Hydrogen Generation 
 7.12 Grid Support 
 7.13 Industrial 
 7.14 Remote Application 
 7.15 Natural Gas Compression Station 
   
8 Global Solid Oxide Fuel Cell Market, By Geography  
 8.1 Introduction 
 8.2 North America 
  8.2.1 US
  8.2.2 Canada
  8.2.3 Mexico
 8.3 Europe 
  8.3.1 Germany
  8.3.2 UK
  8.3.3 Italy
  8.3.4 France
  8.3.5 Spain
  8.3.6 Rest of Europe
 8.4 Asia Pacific 
  8.4.1 Japan
  8.4.2 China
  8.4.3 India
  8.4.4 Australia
  8.4.5 New Zealand
  8.4.6 South Korea
  8.4.7 Rest of Asia Pacific
 8.5 South America 
  8.5.1 Argentina
  8.5.2 Brazil
  8.5.3 Chile
  8.5.4 Rest of South America
 8.6 Middle East & Africa 
  8.6.1 Saudi Arabia
  8.6.2 UAE
  8.6.3 Qatar
  8.6.4 South Africa
  8.6.5 Rest of Middle East & Africa
   
9 Key Developments  
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 9.2 Acquisitions & Mergers 
 9.3 New Product Launch 
 9.4 Expansions 
 9.5 Other Key Strategies 
   
10 Company Profiling  
 10.1 AVL 
 10.2 Bloom Energy 
 10.3 Ceres 
 10.4 Convion Ltd. 
 10.5 Cummins Inc. 
 10.6 DuPont de Nemours, Inc. 
 10.7 FuelCell Energy Inc. 
 10.8 General Electric 
 10.9 KYOCERA Corporation 
 10.10 Mitsubishi Hitachi Power Systems, Ltd.  
 10.11 Hexis S.A. 
 10.12 NGK SPARK PLUG CO., LTD. 
 10.13 Ningbo SOFCMAN Energy 
 10.14 Sunfire GmbH 
 10.15 Watt Fuel Cell Corporation 


List of Tables   
1 Global Solid Oxide Fuel Cell Market Outlook, By Region (2020-2028) ($MN)  
2 Global Solid Oxide Fuel Cell Market Outlook, By Type (2020-2028) ($MN)  
3 Global Solid Oxide Fuel Cell Market Outlook, By Planar (2020-2028) ($MN)  
4 Global Solid Oxide Fuel Cell Market Outlook, By Tubular (2020-2028) ($MN)  
5 Global Solid Oxide Fuel Cell Market Outlook, By Mobility (2020-2028) ($MN)  
6 Global Solid Oxide Fuel Cell Market Outlook, By Stationary (2020-2028) ($MN)  
7 Global Solid Oxide Fuel Cell Market Outlook, By Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS) (2020-2028) ($MN)  
8 Global Solid Oxide Fuel Cell Market Outlook, By Distributed Energy Generation (2020-2028) ($MN)  
9 Global Solid Oxide Fuel Cell Market Outlook, By Transport  (2020-2028) ($MN)  
10 Global Solid Oxide Fuel Cell Market Outlook, By Portable (2020-2028) ($MN)  
11 Global Solid Oxide Fuel Cell Market Outlook, By Application (2020-2028) ($MN)  
12 Global Solid Oxide Fuel Cell Market Outlook, By Combined Heat & Power (2020-2028) ($MN)  
13 Global Solid Oxide Fuel Cell Market Outlook, By Military and Defense (Unmanned Systems) (2020-2028) ($MN)  
14 Global Solid Oxide Fuel Cell Market Outlook, By Power Generation (2020-2028) ($MN)  
15 Global Solid Oxide Fuel Cell Market Outlook, By Auxiliary Power Unit (2020-2028) ($MN)  
16 Global Solid Oxide Fuel Cell Market Outlook, By Commercial & Retail (2020-2028) ($MN)  
17 Global Solid Oxide Fuel Cell Market Outlook, By Data Centers (2020-2028) ($MN)  
18 Global Solid Oxide Fuel Cell Market Outlook, By Automotive  (2020-2028) ($MN)  
19 Global Solid Oxide Fuel Cell Market Outlook, By Residential (2020-2028) ($MN)  
20 Global Solid Oxide Fuel Cell Market Outlook, By Telecom Tower (2020-2028) ($MN)  
21 Global Solid Oxide Fuel Cell Market Outlook, By Hydrogen Generation (2020-2028) ($MN)  
22 Global Solid Oxide Fuel Cell Market Outlook, By Grid Support (2020-2028) ($MN)  
23 Global Solid Oxide Fuel Cell Market Outlook, By Industrial (2020-2028) ($MN)  
24 Global Solid Oxide Fuel Cell Market Outlook, By Remote Application (2020-2028) ($MN)  
25 Global Solid Oxide Fuel Cell Market Outlook, By Natural Gas Compression Station (2020-2028) ($MN)  
26 North America Solid Oxide Fuel Cell Market Outlook, By Country (2020-2028) ($MN)  
27 North America Solid Oxide Fuel Cell Market Outlook, By Type (2020-2028) ($MN)  
28 North America Solid Oxide Fuel Cell Market Outlook, By Planar (2020-2028) ($MN)  
29 North America Solid Oxide Fuel Cell Market Outlook, By Tubular (2020-2028) ($MN)  
30 North America Solid Oxide Fuel Cell Market Outlook, By Mobility (2020-2028) ($MN)  
31 North America Solid Oxide Fuel Cell Market Outlook, By Stationary (2020-2028) ($MN)  
32 North America Solid Oxide Fuel Cell Market Outlook, By Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS) (2020-2028) ($MN)  
33 North America Solid Oxide Fuel Cell Market Outlook, By Distributed Energy Generation (2020-2028) ($MN)  
34 North America Solid Oxide Fuel Cell Market Outlook, By Transport  (2020-2028) ($MN)  
35 North America Solid Oxide Fuel Cell Market Outlook, By Portable (2020-2028) ($MN)  
36 North America Solid Oxide Fuel Cell Market Outlook, By Application (2020-2028) ($MN)  
37 North America Solid Oxide Fuel Cell Market Outlook, By Combined Heat & Power (2020-2028) ($MN)  
38 North America Solid Oxide Fuel Cell Market Outlook, By Military and Defense (Unmanned Systems) (2020-2028) ($MN)  
39 North America Solid Oxide Fuel Cell Market Outlook, By Power Generation (2020-2028) ($MN)  
40 North America Solid Oxide Fuel Cell Market Outlook, By Auxiliary Power Unit (2020-2028) ($MN)  
41 North America Solid Oxide Fuel Cell Market Outlook, By Commercial & Retail (2020-2028) ($MN)  
42 North America Solid Oxide Fuel Cell Market Outlook, By Data Centers (2020-2028) ($MN)  
43 North America Solid Oxide Fuel Cell Market Outlook, By Automotive  (2020-2028) ($MN)  
44 North America Solid Oxide Fuel Cell Market Outlook, By Residential (2020-2028) ($MN)  
45 North America Solid Oxide Fuel Cell Market Outlook, By Telecom Tower (2020-2028) ($MN)  
46 North America Solid Oxide Fuel Cell Market Outlook, By Hydrogen Generation (2020-2028) ($MN)  
47 North America Solid Oxide Fuel Cell Market Outlook, By Grid Support (2020-2028) ($MN)  
48 North America Solid Oxide Fuel Cell Market Outlook, By Industrial (2020-2028) ($MN)  
49 North America Solid Oxide Fuel Cell Market Outlook, By Remote Application (2020-2028) ($MN)  
50 North America Solid Oxide Fuel Cell Market Outlook, By Natural Gas Compression Station (2020-2028) ($MN)  
51 Europe Solid Oxide Fuel Cell Market Outlook, By Country (2020-2028) ($MN)  
52 Europe Solid Oxide Fuel Cell Market Outlook, By Type (2020-2028) ($MN)  
53 Europe Solid Oxide Fuel Cell Market Outlook, By Planar (2020-2028) ($MN)  
54 Europe Solid Oxide Fuel Cell Market Outlook, By Tubular (2020-2028) ($MN)  
55 Europe Solid Oxide Fuel Cell Market Outlook, By Mobility (2020-2028) ($MN)  
56 Europe Solid Oxide Fuel Cell Market Outlook, By Stationary (2020-2028) ($MN)  
57 Europe Solid Oxide Fuel Cell Market Outlook, By Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS) (2020-2028) ($MN)  
58 Europe Solid Oxide Fuel Cell Market Outlook, By Distributed Energy Generation (2020-2028) ($MN)  
59 Europe Solid Oxide Fuel Cell Market Outlook, By Transport  (2020-2028) ($MN)  
60 Europe Solid Oxide Fuel Cell Market Outlook, By Portable (2020-2028) ($MN)  
61 Europe Solid Oxide Fuel Cell Market Outlook, By Application (2020-2028) ($MN)  
62 Europe Solid Oxide Fuel Cell Market Outlook, By Combined Heat & Power (2020-2028) ($MN)  
63 Europe Solid Oxide Fuel Cell Market Outlook, By Military and Defense (Unmanned Systems) (2020-2028) ($MN)  
64 Europe Solid Oxide Fuel Cell Market Outlook, By Power Generation (2020-2028) ($MN)  
65 Europe Solid Oxide Fuel Cell Market Outlook, By Auxiliary Power Unit (2020-2028) ($MN)  
66 Europe Solid Oxide Fuel Cell Market Outlook, By Commercial & Retail (2020-2028) ($MN)  
67 Europe Solid Oxide Fuel Cell Market Outlook, By Data Centers (2020-2028) ($MN)  
68 Europe Solid Oxide Fuel Cell Market Outlook, By Automotive  (2020-2028) ($MN)  
69 Europe Solid Oxide Fuel Cell Market Outlook, By Residential (2020-2028) ($MN)  
70 Europe Solid Oxide Fuel Cell Market Outlook, By Telecom Tower (2020-2028) ($MN)  
71 Europe Solid Oxide Fuel Cell Market Outlook, By Hydrogen Generation (2020-2028) ($MN)  
72 Europe Solid Oxide Fuel Cell Market Outlook, By Grid Support (2020-2028) ($MN)  
73 Europe Solid Oxide Fuel Cell Market Outlook, By Industrial (2020-2028) ($MN)  
74 Europe Solid Oxide Fuel Cell Market Outlook, By Remote Application (2020-2028) ($MN)  
75 Europe Solid Oxide Fuel Cell Market Outlook, By Natural Gas Compression Station (2020-2028) ($MN)  
76 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Country (2020-2028) ($MN)  
77 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Type (2020-2028) ($MN)  
78 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Planar (2020-2028) ($MN)  
79 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Tubular (2020-2028) ($MN)  
80 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Mobility (2020-2028) ($MN)  
81 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Stationary (2020-2028) ($MN)  
82 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS) (2020-2028) ($MN)  
83 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Distributed Energy Generation (2020-2028) ($MN)  
84 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Transport  (2020-2028) ($MN)  
85 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Portable (2020-2028) ($MN)  
86 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Application (2020-2028) ($MN)  
87 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Combined Heat & Power (2020-2028) ($MN)  
88 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Military and Defense (Unmanned Systems) (2020-2028) ($MN)  
89 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Power Generation (2020-2028) ($MN)  
90 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Auxiliary Power Unit (2020-2028) ($MN)  
91 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Commercial & Retail (2020-2028) ($MN)  
92 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Data Centers (2020-2028) ($MN)  
93 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Automotive  (2020-2028) ($MN)  
94 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Residential (2020-2028) ($MN)  
95 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Telecom Tower (2020-2028) ($MN)  
96 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Hydrogen Generation (2020-2028) ($MN)  
97 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Grid Support (2020-2028) ($MN)  
98 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Industrial (2020-2028) ($MN)  
99 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Remote Application (2020-2028) ($MN)  
100 Asia Pacific Solid Oxide Fuel Cell Market Outlook, By Natural Gas Compression Station (2020-2028) ($MN)  
101 South America Solid Oxide Fuel Cell Market Outlook, By Country (2020-2028) ($MN)  
102 South America Solid Oxide Fuel Cell Market Outlook, By Type (2020-2028) ($MN)  
103 South America Solid Oxide Fuel Cell Market Outlook, By Planar (2020-2028) ($MN)  
104 South America Solid Oxide Fuel Cell Market Outlook, By Tubular (2020-2028) ($MN)  
105 South America Solid Oxide Fuel Cell Market Outlook, By Mobility (2020-2028) ($MN)  
106 South America Solid Oxide Fuel Cell Market Outlook, By Stationary (2020-2028) ($MN)  
107 South America Solid Oxide Fuel Cell Market Outlook, By Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS) (2020-2028) ($MN)  
108 South America Solid Oxide Fuel Cell Market Outlook, By Distributed Energy Generation (2020-2028) ($MN)  
109 South America Solid Oxide Fuel Cell Market Outlook, By Transport  (2020-2028) ($MN)  
110 South America Solid Oxide Fuel Cell Market Outlook, By Portable (2020-2028) ($MN)  
111 South America Solid Oxide Fuel Cell Market Outlook, By Application (2020-2028) ($MN)   
112 South America Solid Oxide Fuel Cell Market Outlook, By Combined Heat & Power (2020-2028) ($MN)  
113 South America Solid Oxide Fuel Cell Market Outlook, By Military and Defense (Unmanned Systems) (2020-2028) ($MN)  
114 South America Solid Oxide Fuel Cell Market Outlook, By Power Generation (2020-2028) ($MN)  
115 South America Solid Oxide Fuel Cell Market Outlook, By Auxiliary Power Unit (2020-2028) ($MN)  
116 South America Solid Oxide Fuel Cell Market Outlook, By Commercial & Retail (2020-2028) ($MN)  
117 South America Solid Oxide Fuel Cell Market Outlook, By Data Centers (2020-2028) ($MN)  
118 South America Solid Oxide Fuel Cell Market Outlook, By Automotive  (2020-2028) ($MN)  
119 South America Solid Oxide Fuel Cell Market Outlook, By Residential (2020-2028) ($MN)  
120 South America Solid Oxide Fuel Cell Market Outlook, By Telecom Tower (2020-2028) ($MN)  
121 South America Solid Oxide Fuel Cell Market Outlook, By Hydrogen Generation (2020-2028) ($MN)  
122 South America Solid Oxide Fuel Cell Market Outlook, By Grid Support (2020-2028) ($MN)  
123 South America Solid Oxide Fuel Cell Market Outlook, By Industrial (2020-2028) ($MN)  
124 South America Solid Oxide Fuel Cell Market Outlook, By Remote Application (2020-2028) ($MN)  
125 South America Solid Oxide Fuel Cell Market Outlook, By Natural Gas Compression Station (2020-2028) ($MN)  
126 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Country (2020-2028) ($MN)  
127 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Type (2020-2028) ($MN)  
128 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Planar (2020-2028) ($MN)  
129 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Tubular (2020-2028) ($MN)  
130 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Mobility (2020-2028) ($MN)  
131 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Stationary (2020-2028) ($MN)  
132 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Emergency Power Supply (EPS)/Uninterruptible Power Supply (UPS) (2020-2028) ($MN)  
133 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Distributed Energy Generation (2020-2028) ($MN)  
134 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Transport  (2020-2028) ($MN)  
135 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Portable (2020-2028) ($MN)  
136 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Application (2020-2028) ($MN)  
137 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Combined Heat & Power (2020-2028) ($MN)  
138 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Military and Defense (Unmanned Systems) (2020-2028) ($MN)  
139 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Power Generation (2020-2028) ($MN)  
140 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Auxiliary Power Unit (2020-2028) ($MN)  
141 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Commercial & Retail (2020-2028) ($MN)   
142 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Data Centers (2020-2028) ($MN)  
143 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Automotive  (2020-2028) ($MN)  
144 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Residential (2020-2028) ($MN)  
145 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Telecom Tower (2020-2028) ($MN)  
146 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Hydrogen Generation (2020-2028) ($MN)  
147 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Grid Support (2020-2028) ($MN)  
148 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Industrial (2020-2028) ($MN)  
149 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Remote Application (2020-2028) ($MN)  
150 Middle East & Africa Solid Oxide Fuel Cell Market Outlook, By Natural Gas Compression Station (2020-2028) ($MN)  

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

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Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials