Sunday, November 23, 2014

Global SOFC Market - Size, Share, Trends, Analysis, Research and Report, 2015-2019

About SOFC
An SOFC is a device that generates electricity through an electrochemical process that involves oxidation of the electrolyte when placed between the two electrodes - anode and cathode. Fuel cells are generally categorized based on the type of electrolyte material used in them; an SOFC uses a solid oxide or ceramic electrolyte. Some of the advantages of an SOFC include its low cost, low emissions, long-term stability, high efficiency, and fuel flexibility. Its high fuel flexibility permits the use of cheap, safe, and readily available fuels such as hydrocarbons, natural gas, hydrogen, methanol, and syngas. An SOFC, however, requires a high operating temperature, usually within the range of 932 degrees to 1,832 degrees Fahrenheit, for the activation of the ceramics. This high operating temperature leads to mechanical and chemical compatibility issues and longer start-up times.

TechNavio's analysts forecast the Global SOFC market to grow at a CAGR of 10.3 percent over the period 2014-2019.

Covered in this Report
The Global SOFC market can be segmented into three application segments: Stationary, transportation, and Portable.

TechNavio's report, the Global SOFC Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global SOFC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions
• Americas

Key Vendors
• Acumentrics
• Bloom Energy
• FuelCell Energy
• Mitsubishi Heavy Industries

Other Prominent Vendors
• Alstom
• Ceramic Fuel Cells
• Ceres Power
• Delphi SOFC Technology
• Elcogen
• Hexis
• Protonex
• Rolls-Royce
• SOFCpower
• Sunfire
• Topsoe Fuel Cell
• Ultra Electronics AMI
• WATT Fuel Cell

Market Driver
• Growing Concerns about Energy Efficiency
• For a full, detailed list, view our report

Market Challenge
• Maintaining a Stable Operational Temperature
• For a full, detailed list, view our report

Market Trend
• Reduction in SOFC Prices
• For a full, detailed list, view our report

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