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Asia Pacific Solid Oxide Fuel Cell Market Share

Report ID: GMI7321
Published Date: Nov 2023
Report Format: PDF

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Asia Pacific Solid Oxide Fuel Cell Market Share

Eminent players operating in the Asia Pacific Solid Oxide fuel cell industry are:

Cummins Inc.
Ballard Power Systems
PLUG POWER INC.
NUVERA FUEL CELLS, LLC.
Bloom Energy
Panasonic Corporation
Doosan Fuel Cell Co., Ltd.
AISIN CORPORATION
SFC Energy AG
TOSHIBA CORPORATION
Robert Bosch GmbH
TW Horizon Fuel Cell Technologies
Fuel Cell Energy, Inc.
Fuji Electric Co., Ltd.
Hyundai Motor Company

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market valuation of solid oxide fuel cell in Asia Pacific was worth more than 238 million in 2022 and is anticipated to surpass USD 294 million by 2032.

The transport application segment is anticipated to record over 3.5% CAGR from 2023 to 2032 owing to the increasing investments in hydrogen refueling infrastructure combined with growing integration of these technologies into commercial and public transport vehicles.

Japan solid oxide fuel cell market will observe more than 0.5% CAGR from 2023 to 2032 due to the increasing utilization of hydrogen as a fuel source, in line with which several industry players are making efforts for product innovation.

Cummins Inc., Ballard Power Systems, PLUG POWER INC., NUVERA FUEL CELLS, LLC., Bloom Energy, Panasonic Corporation, Doosan Fuel Cell Co., Ltd., AISIN CORPORATION, SFC Energy AG, TOSHIBA CORPORATION, Robert Bosch GmbH, TW Horizon Fuel Cell Technologies, and Fuel Cell Energy, Inc.