The global SOFC and SOEC market was valued at US$ 1,289.69 million in 2022 and is anticipated to reach US$ 7,657.82 million by 2029, witnessing a CAGR of 29.56% during the forecast period 2023-2029.
North American market for SOFC and SOEC is estimated to increase from $ 813.94 million in 2022 to reach $ 5,164.85 million by 2029, at a CAGR of 30.73% during the forecast period of 2023 through 2029.
Chinese market for SOFC and SOEC is estimated to increase from $ 13.72 million in 2022 to reach $ 442.19 million by 2029, at a CAGR of 65.72% during the forecast period of 2023 through 2029.
The major global manufacturers of SOFC and SOEC include Bloom Energy, Aisin Seiki, Mitsubishi Power, Ceres, SolydEra, Sunfire GmbH, Convion, Special Power Sources (SPS), Topsoe, Redox Power Systems, ZTEK Corporation and OxEon Energy, etc. In 2022, the world's top three vendors accounted for approximately 86.67% of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for SOFC and SOEC, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SOFC and SOEC.
The SOFC and SOEC market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global SOFC and SOEC market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the SOFC and SOEC manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
- Bloom Energy
- Aisin Seiki
- Mitsubishi Power
- Ceres
- SolydEra
- Sunfire GmbH
- Convion
- Special Power Sources (SPS)
- Topsoe
- Redox Power Systems
- ZTEK Corporation
- OxEon Energy
by Type
by Application
- Stationary
- Transportation
- Portable & Military
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America
- U.S.
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- China Taiwan
- Southeast Asia
- India
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Latin America, Middle East & Africa
- Mexico
- Brazil
- Turkey
- South Africa
- GCC Countries
- Rest of Latin America, Middle East & Africa
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of SOFC and SOEC manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of SOFC and SOEC by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of SOFC and SOEC in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry.
Chapter 10: The main points and conclusions of the report.
Table of Contents
1 SOFC and SOEC Market Overview
- 1.1 Product Definition
- 1.2 SOFC and SOEC by Type
- 1.2.1 Global SOFC and SOEC Market Value Growth Rate Analysis by Type: 2018 VS 2022 VS 2029
- 1.2.2 Planar
- 1.2.3 Tubular
- 1.2.4 Others
- 1.3 SOFC and SOEC by Application
- 1.3.1 Global SOFC and SOEC Market Value Growth Rate Analysis by Application: 2018 VS 2022 VS 2029
- 1.3.2 Stationary
- 1.3.3 Transportation
- 1.3.4 Portable & Military
- 1.4 Global Market Growth Prospects
- 1.4.1 Global SOFC and SOEC Production Value Estimates and Forecasts (2018-2029)
- 1.4.2 Global SOFC and SOEC Production Capacity Estimates and Forecasts (2018-2029)
- 1.4.3 Global SOFC and SOEC Production Estimates and Forecasts (2018-2029)
- 1.4.4 Global SOFC and SOEC Market Average Price Estimates and Forecasts (2018-2029)
- 1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
- 2.1 Global SOFC and SOEC Production Market Share by Manufacturers (2018-2023)
- 2.2 Global SOFC and SOEC Production Value Market Share by Manufacturers (2018-2023)
- 2.3 Global Key Players of SOFC and SOEC, Industry Ranking, 2021 VS 2022
- 2.4 Global SOFC and SOEC Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 2.5 Global SOFC and SOEC Average Price by Manufacturers (2018-2023)
- 2.6 Global Key Manufacturers of SOFC and SOEC, Manufacturing Sites & Headquarters
- 2.7 Global SOFC and SOEC Market Competitive Situation and Trends
- 2.7.1 Global SOFC and SOEC Market Concentration Rate
- 2.7.2 Global 5 and 10 Largest SOFC and SOEC Players Market Share by Revenue
- 2.8 Mergers & Acquisitions, Expansion
3 SOFC and SOEC Production by Region
- 3.1 Global SOFC and SOEC Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
- 3.2 Global SOFC and SOEC Production Value by Region (2018-2029)
- 3.2.1 Global SOFC and SOEC Production Value Market Share by Region (2018-2023)
- 3.2.2 Global Forecasted Production Value of SOFC and SOEC by Region (2024-2029)
- 3.3 Global SOFC and SOEC Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
- 3.4 Global SOFC and SOEC Production by Region (2018-2029)
- 3.4.1 Global SOFC and SOEC Production Market Share by Region (2018-2023)
- 3.4.2 Global Forecasted Production of SOFC and SOEC by Region (2024-2029)
- 3.5 Global SOFC and SOEC Market Price Analysis by Region (2018-2029)
- 3.6 Global SOFC and SOEC Production and Value, Year-over-Year Growth
- 3.6.1 North America SOFC and SOEC Production Value Estimates and Forecasts (2018-2029)
- 3.6.2 Europe SOFC and SOEC Production Value Estimates and Forecasts (2018-2029)
- 3.6.3 China SOFC and SOEC Production Value Estimates and Forecasts (2018-2029)
- 3.6.4 Japan SOFC and SOEC Production Value Estimates and Forecasts (2018-2029)
4 SOFC and SOEC Consumption by Region
- 4.1 Global SOFC and SOEC Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
- 4.2 Global SOFC and SOEC Consumption by Region (2018-2029)
- 4.2.1 Global SOFC and SOEC Consumption by Region (2018-2029)
- 4.2.2 Global SOFC and SOEC Forecasted Consumption by Region (2024-2029)
- 4.3 North America
- 4.3.1 North America SOFC and SOEC Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
- 4.3.2 North America SOFC and SOEC Consumption by Country (2018-2029)
- 4.3.3 U.S.
- 4.3.4 Canada
- 4.4 Europe
- 4.4.1 Europe SOFC and SOEC Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
- 4.4.2 Europe SOFC and SOEC Consumption by Country (2018-2029)
- 4.4.3 Germany
- 4.4.4 France
- 4.4.5 U.K.
- 4.4.6 Italy
- 4.4.7 Netherlands
- 4.5 Asia Pacific
- 4.5.1 Asia Pacific SOFC and SOEC Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
- 4.5.2 Asia Pacific SOFC and SOEC Consumption by Region (2018-2029)
- 4.5.3 China
- 4.5.4 Japan
- 4.5.5 South Korea
- 4.5.6 China Taiwan
- 4.5.7 Southeast Asia
- 4.5.8 India
- 4.6 Latin America, Middle East & Africa
- 4.6.1 Latin America, Middle East & Africa SOFC and SOEC Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
- 4.6.2 Latin America, Middle East & Africa SOFC and SOEC Consumption by Country (2018-2029)
- 4.6.3 Mexico
- 4.6.4 Brazil
- 4.6.5 Turkey
- 4.6.6 GCC Countries
- 4.6.7 South Africa
5 Segment by Type
- 5.1 Global SOFC and SOEC Production by Type (2018-2029)
- 5.1.1 Global SOFC and SOEC Production by Type (2018-2023)
- 5.1.2 Global SOFC and SOEC Production by Type (2024-2029)
- 5.1.3 Global SOFC and SOEC Production Market Share by Type (2018-2029)
- 5.2 Global SOFC and SOEC Production Value by Type (2018-2029)
- 5.2.1 Global SOFC and SOEC Production Value by Type (2018-2023)
- 5.2.2 Global SOFC and SOEC Production Value by Type (2024-2029)
- 5.2.3 Global SOFC and SOEC Production Value Market Share by Type (2018-2029)
- 5.3 Global SOFC and SOEC Price by Type (2018-2029)
6 Segment by Application
- 6.1 Global SOFC and SOEC Production by Application (2018-2029)
- 6.1.1 Global SOFC and SOEC Production by Application (2018-2023)
- 6.1.2 Global SOFC and SOEC Production by Application (2024-2029)
- 6.1.3 Global SOFC and SOEC Production Market Share by Application (2018-2029)
- 6.2 Global SOFC and SOEC Production Value by Application (2018-2029)
- 6.2.1 Global SOFC and SOEC Production Value by Application (2018-2023)
- 6.2.2 Global SOFC and SOEC Production Value by Application (2024-2029)
- 6.2.3 Global SOFC and SOEC Production Value Market Share by Application (2018-2029)
- 6.3 Global SOFC and SOEC Price by Application (2018-2029)
7 Corporate Profile
- 7.1 Bloom Energy
- 7.1.1 Bloom Energy Corporation Information
- 7.1.2 Bloom Energy Overview
- 7.1.3 Bloom Energy SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.1.4 Bloom Energy SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.1.5 Bloom Energy Recent Developments
- 7.2 Aisin Seiki
- 7.2.1 Aisin Seiki Corporation Information
- 7.2.2 Aisin Seiki Overview
- 7.2.3 Aisin Seiki SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.2.4 Aisin Seiki SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.2.5 Aisin Seiki Recent Developments
- 7.3 Mitsubishi Power
- 7.3.1 Mitsubishi Power Corporation Information
- 7.3.2 Mitsubishi Power Overview
- 7.3.3 Mitsubishi Power SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.3.4 Mitsubishi Power SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.3.5 Mitsubishi Power Recent Developments
- 7.4 Ceres
- 7.4.1 Ceres Corporation Information
- 7.4.2 Ceres Overview
- 7.4.3 Ceres SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.4.4 Ceres SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.4.5 Ceres Recent Developments
- 7.5 SolydEra
- 7.5.1 SolydEra Corporation Information
- 7.5.2 SolydEra Overview
- 7.5.3 SolydEra SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.5.4 SolydEra SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.5.5 SolydEra Recent Developments
- 7.6 Sunfire GmbH
- 7.6.1 Sunfire GmbH Corporation Information
- 7.6.2 Sunfire GmbH Overview
- 7.6.3 Sunfire GmbH SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.6.4 Sunfire GmbH SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.6.5 Sunfire GmbH Recent Developments
- 7.7 Convion
- 7.7.1 Convion Corporation Information
- 7.7.2 Convion Overview
- 7.7.3 Convion SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.7.4 Convion SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.7.5 Convion Recent Developments
- 7.8 Special Power Sources (SPS)
- 7.8.1 Special Power Sources (SPS) Corporation Information
- 7.8.2 Special Power Sources (SPS) Overview
- 7.8.3 Special Power Sources (SPS) SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.8.4 Special Power Sources (SPS) SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.8.5 Special Power Sources (SPS) Recent Developments
- 7.9 Topsoe
- 7.9.1 Topsoe Corporation Information
- 7.9.2 Topsoe Overview
- 7.9.3 Topsoe SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.9.4 Topsoe SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.9.5 Topsoe Recent Developments
- 7.10 Redox Power Systems
- 7.10.1 Redox Power Systems Corporation Information
- 7.10.2 Redox Power Systems Overview
- 7.10.3 Redox Power Systems SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.10.4 Redox Power Systems SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.10.5 Redox Power Systems Recent Developments
- 7.11 ZTEK Corporation
- 7.11.1 ZTEK Corporation Corporation Information
- 7.11.2 ZTEK Corporation Overview
- 7.11.3 ZTEK Corporation SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.11.4 ZTEK Corporation SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.12 OxEon Energy
- 7.12.1 OxEon Energy Corporation Information
- 7.12.2 OxEon Energy Overview
- 7.12.3 OxEon Energy SOFC and SOEC Production, Price, Revenue and Gross Margin (2018-2023)
- 7.12.4 OxEon Energy SOFC and SOEC Product Model Numbers, Pictures, Descriptions and Specifications
- 7.12.5 OxEon Energy Recent Developments
8 Industry Chain and Sales Channels Analysis
- 8.1 SOFC and SOEC Industry Chain Analysis
- 8.2 SOFC and SOEC Key Raw Materials
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.3 SOFC and SOEC Production Mode & Process
- 8.4 SOFC and SOEC Sales and Marketing
- 8.4.1 SOFC and SOEC Sales Channels
- 8.4.2 SOFC and SOEC Distributors
- 8.5 SOFC and SOEC Customers
9 SOFC and SOEC Market Dynamics
- 9.1.1 SOFC and SOEC Industry Trends
- 9.1.2 SOFC and SOEC Market Drivers
- 9.1.3 SOFC and SOEC Market Challenges
- 9.1.4 SOFC and SOEC Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.1.1 Research Programs/Design
- 11.1.2 Market Size Estimation
- 11.1.3 Market Breakdown and Data Triangulation
- 11.2 Data Source
- 11.2.1 Secondary Sources
- 11.2.2 Primary Sources
- 11.3 Author List
- 11.4 Disclaimer