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10:59 | 03.11.2017
Solid Oxide Fuel Cell Market – Expected to Reach $1.4 Billion by 2025 – Research and Markets

The “Solid
Oxide Fuel Cell, And Segment Forecasts, 2014 – 2025” report has
been added to Research and Markets’ offering.

The global solid oxide fuel cell market is expected to reach USD 1.42
billion by 2025, growing at a CAGR of 30%, according to a report.
Government funding is largely being replaced by corporate funding and in
turn exhibited to display positive growth potential. There has been an
increase of more than 44% of corporate funding from the period 2013
until 2016 hence displaying feasible commercialization prospect for the
technology.

The rising pressure among nations to reduce carbon emissions while
strengthening energy security is another factor favoring the growth of
the solid oxide fuel cell market. Due to its working characteristic,
solid oxide fuel cell has an efficiency in the range of 50-60%. However,
there are concerns among solid oxide fuel cell manufacturers to reduce
the production cost to generate significant profit margin.

The soaring capital & operational costs and underutilization of various
facilities for the development of solid oxide fuel cell electric vehicle
market are likely to result in high investment risks. 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.
Companies Mentioned
Mitsubishi Heavy Industries, Ltd.

General Electric Company

Ceres Power Holdings plc

LG Fuel Cell Systems Inc.

Bloom Energy

Atrex Energy, Inc.

Watt Fuel Cell Corporation

Delphi Automotive LLP

Protonex Technology Corporation

FuelCell Energy, Inc.

Nexceris

ZTEK Corporation, Inc.

USSI

Aisin Seiki Co., Ltd.

Ensol Systems Inc.

Others
Key Topics Covered:
Chapter 1 Methodology and Scope

Chapter 2 Market Snapshot

Chapter 3 Solid Oxide Fuel Cell Market Variables, Trends, and Scope

Chapter 4 Solid Oxide Fuel Cell Market: Application Estimates & Trend
Analysis

Chapter 5 Solid Oxide Fuel Cell Market: Regional Estimates & Trend
Analysis

Chapter 6 Competitive Landscape

Chapter 7 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/fmq9mw/solid_oxide_fuel
View source version on businesswire.com: http://www.businesswire.com/news/home/20171103005311/en/


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