The purpose of the report is to illustrate the state of the market of Solid Oxide Fuel Cell, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Solid oxide fuel cells (SOFCs) are the type of fuel cells which can convert electrochemical fuel to electricity with negligible pollution. The market for solid oxide fuel cell (SOFC) is majorly backed by the increasing adoption for SOFCs to provide off-grid power solution, especially in countries such as Japan and South Korea. Factors such as technical advantages of SOFCs over other types of fuel cells have led to the growing demand for SOFCs in various applications. Furthermore, growing government support and investments towards the technology are further expected to fuel the growth in the overall SOFC market.
Some of the major companies operating in the market include FuelCell Energy Solutions, Kyocera Corporation, Ceres Power Holdings Plc., Atrex Energy, Doosan Fuel Cell, Dominovas Energy Corporation and Delphi Automotive Systems LLC among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Solid Oxide Fuel Cell buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Solid Oxide Fuel Cell contains:
Analysis and forecast of Solid Oxide Fuel Cell market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Solid Oxide Fuel Cell market;
Assessment and forecast of Solid Oxide Fuel Cell market development;
Financial and business profiles of the leading companies in the Solid Oxide Fuel Cell industry.
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– Up to date working Solid Oxide Fuel Cell data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Solid Oxide Fuel Cell for the period 2018 to 2026
– Planned Solid Oxide Fuel Cell additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Solid Oxide Fuel Cell projects by region, key countries, and companies
– Details of major planned Solid Oxide Fuel Cell projects in the world up to 2026
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