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Solid Oxide Fuel Cell Market Share
- Report ID: GMI5760
- Published Date: May 2023
- Report Format: PDF
Solid Oxide Fuel Cell Market Share
The key industry players are focusing on strategic mergers & contracts along with new product innovations which will positively influence the business trends. The eminent players across the solid oxide fuel cell market include :
- MITSUBISHI HEAVY INDUSTRIES, LTD.
- Bloom Energy
- Ceres
- Energy
- AISIN CORPORATION
- SFC Energy
- AFC Energy
- Elcogen AS.
Frequently Asked Questions (FAQ) :
The market size of solid oxide fuel cell crossed USD 609 million in 2023 and will reach over USD 1.14 Billion by 2032 impelled by the increasing adoption of high-efficiency devices and rising greenhouse gas concerns.
The planar fuel cell market size will grow at over 9% CAGR through 2032 led by product benefits viz., low maintenance requirements, higher reliability, and longer lifespan.
North America market for solid oxide fuel cell was worth more than USD 393 million in 2022 owing to the growing focus on modernization and upgradation of conventional power generation systems.
Bloom Energy, Ceres, Energy, AISIN CORPORATION, SFC Energy, AFC Energy, and Elcogen AS are some of the leading manufacturers of solid oxide fuel cells.
Solid Oxide Fuel Cell Market Scope
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