Energy and Power Planar Solid Oxide Fuel Cell Market

Planar Solid Oxide Fuel Cell Market Future Scope,
Competitive Analysis and Revenue till 2020
The report “Planar Solid Oxide Fuel Cell Market by Cost Breakdown (Planar Cells, Separator
Plates, Manifolds, Seals, and Others), Application (Stationary, Transportation, and Portable)
& by Region (Asia-Pacific, North America, Europe, and Rest of the world) - Global Trends &
Forecast to 2020” defines and segments the planar solid oxide fuel cell (SOFC) market, with an
analysis of market size, by value, market shares of leading players, and a forecast of future trends.
It also identifies the key drivers, restraints, and challenges of the market, highligh ting the latest
trends and identifying opportunities.
Browse 70 market data tables and 46 figures spread through 147 pages and in-depth TOC
on “Planar Solid Oxide Fuel Cell Market by Cost Breakdown (Planar Cells, Separator Plates,
Manifolds, Seals, and Others), Application (Stationary, Transportation, and Portable) & by
Region (Asia-Pacific, North America, Europe, and Rest of the world) - Global Trends &
Forecast to 2020"
https://www.marketsandmarkets.com/Market-Reports/planar-solid-oxide-fuel-cell-market-
80407504.html
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In 2014, Asia-Pacific was the largest regional market for planar SOFC and accounted for a market
share, by value, of 38.3%. The growing demand for alternative electric power generation
technologies, related expenditure on the development of planar SOFC technology, and growing
inclination towards distributed generation are the key drivers of the global planar SOFC market.
The planar SOFC market is projected to reach a value of $ 639.2 Million in 2020 from an
estimated value of $ 362.0 Million in 2015 growing at a CAGR of 12.0% from 2015 to 2020, with
the demand from countries such as Japan, the U.S., South Korea, and Germany set to increase.
The demand for planar SOFC is primarily driven by the expansion of distributed power generation
to connect more residential and commercial areas to power supply and the growing number of
electric vehicle applications based on fuel cells.
Leading players in the global planar SOFC market include Bloom Energy (U.S.), Aisin Seiki (Japan),
Fuel Cell Energy Inc. (U.S.), and Ceramic Fuel Cell Ltd. (Australia). Players in this market are
currently investing in R&D to enhance the efficiency and reduce the manufacturing cost of their
products. Companies are attempting to avail of opportunities in the emerging economies of As ia-