Solid Oxide Fuel Cell Market Set to Surpass $11.61 Billion by 2030: Massive Upside for Clean Energy
The global solid oxide fuel cell market is projected to reach USD 11.61 billion by 2030 from USD 2.98 billion in 2025, registering a CAGR of 31.2%.
The Solid Oxide Fuel Cell (SOFC) market is being shaped by rising global interest in clean, efficient, and decentralized energy solutions, driven by the dual pressures of carbon neutrality commitments and energy security concerns. Unlike conventional...
Solid Oxide Fuel Cells: Powering the Future with Clean Energy
The global energy landscape is undergoing a significant transformation, with a pronounced shift towards sustainable and efficient power generation solutions. At the forefront of this evolution is the Solid Oxide Fuel Cell (SOFC) technology, renowned for its high efficiency and eco-friendly attributes. Projections indicate that the Solid Oxide Fuel Cell Market is poised to expand from USD 1.4 billion...
Hydrogen Industry Size to Undertake Strapping Growth During 2030
MarketsandMarkets Research titled, “Hydrogen Industry by Sector (Generation Type (Gray, Blue, Green), Storage (Physical, Material), Transportation (Long, Short)), Application (Energy (Power, CHP), Mobility, Chemical & Refinery (Refinery, Ammonia, Methanol)), Region – Global Forecast to 2030“. The global hydrogen industry in terms of revenue was estimated to be worth $242.7 billion...
Revealed: Solid Oxide Fuel Cell Industry Growth Opportunities
The global solid oxide fuel cell industry is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the fuel cell generator business.
Key Market Players
Bloom Energy (US)
AISIN CORPORATION (Japan)
KYOCERA...
Navigating the Future: Insights into the Booming Fuel Cell Market
The emissions from vehicles account for more than 15% of the global greenhouse emissions. Hence, governments all over the world are finding alternative power sources for use in the transportation sector. The adoption of fuel cell vehicles (FCVs) in the sector is expected to increase in the near future, as there is zero owing to the absence of CO2 emissions during vehicle operation. Therefore,...