Table of Content

1 INTRODUCTION (Page No. - 31)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 INCLUSIONS AND EXCLUSIONS
           1.3.2 MARKETS COVERED
                    FIGURE 1 SOLID OXIDE FUEL CELL MARKET SEGMENTATION
           1.3.3 REGIONAL SCOPE
           1.3.4 YEARS CONSIDERED
           1.3.5 CURRENCY CONSIDERED
    1.4 LIMITATIONS 
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
    1.7 IMPACT OF RECESSION 
2 RESEARCH METHODOLOGY (Page No. - 37)
    2.1 RESEARCH DATA 
           FIGURE 2 SOLID OXIDE FUEL CELL MARKET: RESEARCH DESIGN
           2.1.1 PRIMARY AND SECONDARY RESEARCH
                    2.1.1.1 Primary data
                               2.1.1.1.1 Key data from primary sources
                               2.1.1.1.2 Breakdown of primaries
                    2.1.1.2 Secondary data
                               2.1.1.2.1 Key data from secondary sources
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 3 SOLID OXIDE FUEL CELL MARKET: DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION METHODOLOGY 
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 4 SOLID OXIDE FUEL CELL MARKET: BOTTOM-UP ANALYSIS
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 5 SOLID OXIDE FUEL CELL MARKET: TOP-DOWN ANALYSIS
           2.3.3 DEMAND-SIDE ANALYSIS
                    FIGURE 6 KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR SOLID OXIDE FUEL CELLS
                    2.3.3.1 Regional analysis
                    2.3.3.2 Country analysis
                    2.3.3.3 Demand-side assumptions
                    2.3.3.4 Demand-side calculations
           2.3.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 7 KEY METRICS CONSIDERED TO ANALYZE SUPPLY OF SOLID OXIDE FUEL CELLS
                    FIGURE 8 SOLID OXIDE FUEL CELL MARKET: SUPPLY-SIDE ANALYSIS
                    2.3.4.1 Supply-side calculations
                    2.3.4.2 Supply-side assumptions
                               FIGURE 9 SOLID OXIDE FUEL CELL MARKET: MARKET SHARE ANALYSIS, 2022
    2.4 FORECAST 
    2.5 RECESSION IMPACT 
3 EXECUTIVE SUMMARY (Page No. - 50)
    TABLE 1 SOLID OXIDE FUEL CELL MARKET SNAPSHOT 
    FIGURE 10 ASIA PACIFIC HELD LARGEST SHARE OF SOLID OXIDE FUEL CELL MARKET IN 2022 
    FIGURE 11 PLANAR SEGMENT TO DOMINATE SOLID OXIDE FUEL CELL MARKET DURING FORECAST PERIOD 
    FIGURE 12 BALANCE OF PLANT (BOP) SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2028 
    FIGURE 13 STATIONARY SEGMENT TO DEPICT HIGHEST CAGR IN SOLID OXIDE FUEL CELL MARKET FROM 2023 TO 2028 
    FIGURE 14 COMMERCIAL & INDUSTRIAL SEGMENT TO HOLD LARGEST SHARE OF SOLID OXIDE FUEL CELL MARKET IN 2023 
4 PREMIUM INSIGHTS (Page No. - 54)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOLID OXIDE FUEL CELL MARKET 
           FIGURE 15 INCREASING FOCUS ON CLEAN POWER GENERATION TO BOOST MARKET GROWTH FROM 2023 TO 2028
    4.2 SOLID OXIDE FUEL CELL MARKET, BY REGION 
           FIGURE 16 ASIA PACIFIC SOLID OXIDE FUEL CELL MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
    4.3 ASIA PACIFIC SOLID OXIDE FUEL CELL MARKET, BY APPLICATION AND COUNTRY 
           FIGURE 17 STATIONARY SEGMENT AND CHINA HELD LARGEST SHARES OF SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC IN 2022
    4.4 SOLID OXIDE FUEL CELL MARKET, BY TYPE 
           FIGURE 18 PLANAR SEGMENT TO HOLD LARGER MARKET SHARE IN 2028
    4.5 SOLID OXIDE FUEL CELL MARKET, BY END USER 
           FIGURE 19 COMMERCIAL & INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028
    4.6 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION 
           FIGURE 20 STATIONARY SEGMENT TO HOLD LARGEST SHARE OF SOLID OXIDE FUEL CELL MARKET IN 2028
    4.7 SOLID OXIDE FUEL CELL MARKET, BY COMPONENT 
           FIGURE 21 BALANCE OF PLANT (BOP) SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028
5 MARKET OVERVIEW (Page No. - 58)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 22 SOLID OXIDE FUEL CELL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Federal investments in fuel cell installation projects
                               FIGURE 23 CLEAN ENERGY INVESTMENTS IN ADVANCED ECONOMIES VS. EMERGING ECONOMIES, 2015–2021
                    5.2.1.2 Higher energy efficiency of solid oxide fuel cells than reciprocating engines
                    5.2.1.3 Introduction of stringent carbon emission norms
                               FIGURE 24 CO2 EMISSIONS FROM ENERGY COMBUSTION AND INDUSTRIAL PROCESS, 2000–2022 (GT CO2)
                               FIGURE 25 ENERGY-RELATED CO2 EMISSIONS, BY SECTOR, 2019–2022 (GT CO2)
           5.2.2 RESTRAINTS
                    5.2.2.1 High fuel cell installation and manufacturing costs
                    5.2.2.2 Availability of alternatives
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Rising adoption of efficient electrochemical devices for combined heat and power generations
                               TABLE 2 COMPARISON BETWEEN FUEL CELLS AND OTHER DISTRIBUTED POWER GENERATION SOURCES
                    5.2.3.2 Increasing electricity consumption in data centers
           5.2.4 CHALLENGES
                    5.2.4.1 Long start-up time and high operational temperature
                    5.2.4.2 Limitations of hydrogen storage systems
                    5.2.4.3 High spending on alternative clean energy technologies
                               FIGURE 26 GLOBAL INVESTMENTS IN RENEWABLE ENERGY
                    5.2.4.4 Fuel cell degradation and carbon dusting
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           5.3.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN SOLID OXIDE FUEL CELL MARKET
                    FIGURE 27 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN SOLID OXIDE FUEL CELL MARKET
    5.4 MARKET MAPPING 
           FIGURE 28 SOLID OXIDE FUEL CELL MARKET: MARKET MAPPING
    5.5 SUPPLY CHAIN ANALYSIS 
           FIGURE 29 SOLID OXIDE FUEL CELL MARKET: SUPPLY CHAIN ANALYSIS
           5.5.1 RAW MATERIAL SUPPLY
           5.5.2 COMPONENT MANUFACTURING
           5.5.3 HARDWARE ASSEMBLY
           5.5.4 DISTRIBUTION/END USERS
                    TABLE 3 COMPANIES AND THEIR ROLES IN SOLID OXIDE FUEL CELL ECOSYSTEM
    5.6 PRICING ANALYSIS 
           5.6.1 AVERAGE SELLING PRICING TREND, BY COMPONENT
                    TABLE 4 SOLID OXIDE FUEL CELL MARKET: COST BREAK-UP, BY STACK COMPONENT
                    TABLE 5 SOLID OXIDE FUEL CELL MARKET: COST BREAK-UP, BY BALANCE OF PLANT (BOP) COMPONENT
                    FIGURE 30 SOLID OXIDE FUEL CELL MARKET: STACK MANUFACTURING COST PER KW
           5.6.2 AVERAGE SELLING PRICE OF SOLID OXIDE FUEL CELLS OFFERED BY 3 KEY PLAYERS
                    TABLE 6 AVERAGE SELLING PRICE OF SOLID OXIDE FUEL CELLS OFFERED BY 3 KEY PLAYERS
           5.6.3 AVERAGE SELLING PRICE TREND, BY REGION
                    TABLE 7 AVERAGE SELLING PRICE TREND, BY REGION
    5.7 REGULATORY LANDSCAPE 
           5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.7.2 SOLID OXIDE FUEL CELL MARKET: REGULATORY FRAMEWORK
                    5.7.2.1 Regulatory frameworks in North America
                    5.7.2.2 Regulatory frameworks in Europe
                    5.7.2.3 Regulatory frameworks in Asia Pacific
    5.8 PATENT ANALYSIS 
           FIGURE 31 SOLID OXIDE FUEL CELL MARKET: PATENT REGISTRATIONS, 2012–2022
           5.8.1 LIST OF MAJOR PATENTS
                    TABLE 11 SOLID OXIDE FUEL CELL: PATENT REGISTRATIONS, 2018–2022
    5.9 CASE STUDY ANALYSIS 
           5.9.1 IKEA LEVERAGED BLOOM ENERGY’S FUEL CELLS FOR ON-SITE POWER GENERATION
                    5.9.1.1 Challenges
                    5.9.1.2 Solution
           5.9.2 SAMSUNG HEAVY INDUSTRIES AND BLOOM ENERGY PARTNERED TO DEVELOP EFFICIENT FUEL-CELL SHIPS
                    5.9.2.1 Challenges
                    5.9.2.2 Solution
           5.9.3 CONVION DEPLOYED ELCOGEN’S SOFC AND STACK TECHNOLOGY FOR EFFICIENT POWER GENERATION
                    5.9.3.1 Challenges
                    5.9.3.2 Solution
    5.10 TECHNOLOGY ANALYSIS 
           5.10.1 HYBRID SOFCS
           5.10.2 INTEGRATED BIOMASS GASIFIERS
    5.11 KEY CONFERENCES AND EVENTS, 2023–2024 
                    TABLE 12 SOLID OXIDE FUEL CELL MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024
    5.12 TRADE ANALYSIS 
           5.12.1 HS CODE 280410
           5.12.2 EXPORT SCENARIO
                    TABLE 13 EXPORT DATA FOR HS CODE: 280410, BY COUNTRY, 2020–2022 (USD THOUSAND)
                    FIGURE 32 EXPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD THOUSAND)
           5.12.3 IMPORT SCENARIO
                    TABLE 14 IMPORT DATA FOR HS CODE: 280410, BY COUNTRY, 2020–2022 (USD THOUSAND)
                    FIGURE 33 IMPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD THOUSAND)
    5.13 PORTER’S FIVE FORCES ANALYSIS 
                    FIGURE 34 SOLID OXIDE FUEL CELL MARKET: PORTER’S FIVE FORCES ANALYSIS
                    TABLE 15 SOLID OXIDE FUEL CELL MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.13.1 THREAT OF SUBSTITUTES
           5.13.2 BARGAINING POWER OF SUPPLIERS
           5.13.3 BARGAINING POWER OF BUYERS
           5.13.4 THREAT OF NEW ENTRANTS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY
    5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 35 SOLID OXIDE FUEL CELL MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS
                    TABLE 16 SOLID OXIDE FUEL CELL MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS (%)
           5.14.2 BUYING CRITERIA
                    FIGURE 36 SOLID OXIDE FUEL CELL MARKET: KEY BUYING CRITERIA, BY END USER
                    TABLE 17 SOLID OXIDE FUEL CELL MARKET: KEY BUYING CRITERIA, BY END USER
6 SOLID OXIDE FUEL CELL MARKET, BY TYPE (Page No. - 89)
    6.1 INTRODUCTION 
           FIGURE 37 SOLID OXIDE FUEL CELL MARKET SHARE, BY TYPE, 2022
           TABLE 18 SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
    6.2 PLANAR 
           6.2.1 USE OF PLANAR SOFCS IN STATIONARY POWER APPLICATIONS TO FUEL SEGMENTAL GROWTH
                    TABLE 19 PLANAR: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
    6.3 TUBULAR 
           6.3.1 ADOPTION OF ENERGY-HUNGRY PORTABLE DEVICES TO DRIVE MARKET
                    TABLE 20 TUBULAR: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
7 SOLID OXIDE FUEL CELL MARKET, BY COMPONENT (Page No. - 93)
    7.1 INTRODUCTION 
           FIGURE 38 SOLID OXIDE FUEL CELL MARKET SHARE, BY COMPONENT, 2022
           TABLE 21 SOLID OXIDE FUEL CELL MARKET, BY COMPONENT, 2020–2028 (USD MILLION)
    7.2 STACK 
           7.2.1 ENFORCEMENT OF EMISSION REGULATIONS TO BOOST SOLID OXIDE FUEL CELL STACK MANUFACTURING
                    TABLE 22 STACK: SOLID OXIDE FUEL CELL MARKET, BY COMPONENT, 2020–2028 (USD MILLION)
                    7.2.1.1 Cells
                    7.2.1.2 Interconnects
                    7.2.1.3 End plates
                    7.2.1.4 Sealants
                    7.2.1.5 Other stack components
    7.3 BALANCE OF PLANT (BOP) 
           7.3.1 USE OF BOP COMPONENTS FOR EFFICIENT POWER GENERATION TO CONTRIBUTE TO MARKET GROWTH
                    TABLE 23 BALANCE OF PLANT (BOP): SOLID OXIDE FUEL CELL MARKET, BY COMPONENT, 2020–2028 (USD MILLION)
                    7.3.1.1 Heat transfer components
                    7.3.1.2 Power electronics & control systems
                    7.3.1.3 Instruments & sensors
                    7.3.1.4 Fuel reformers/Desulfurizers
                    7.3.1.5 Other BoP components
8 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION (Page No. - 98)
    8.1 INTRODUCTION 
           FIGURE 39 SOLID OXIDE FUEL CELL MARKET SHARE, BY APPLICATION, 2022
           TABLE 24 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
    8.2 PORTABLE 
           8.2.1 HIGH PREFERENCE FOR MOBILE ENERGY STORAGE SYSTEMS TO BOOST SEGMENTAL GROWTH
                    TABLE 25 PORTABLE: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
    8.3 STATIONARY 
           8.3.1 INSTALLATION OF PRIMARY POWER SOURCES IN RESIDENTIAL BUILDINGS TO ACCELERATE SEGMENTAL GROWTH
                    TABLE 26 STATIONARY: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
                    TABLE 27 STATIONARY: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                    8.3.1.1 Primary
                               8.3.1.1.1 Utilization of fuel cell units to generate primary power to contribute to segmental growth
                               TABLE 28 PRIMARY: SOLID OXIDE FUEL CELL MARKET FOR STATIONARY APPLICATIONS, BY REGION, 2020–2028 (USD MILLION)
                    8.3.1.2 Backup
                               8.3.1.2.1 Adoption of fuel cells for backup power generation in data centers to boost market growth
                               TABLE 29 BACKUP: SOLID OXIDE FUEL CELL MARKET FOR STATIONARY APPLICATIONS, BY REGION, 2020–2028 (USD MILLION)
                    8.3.1.3 Combined heat & power
                               8.3.1.3.1 Increasing number of combined heat & power programs to support segmental growth
                               TABLE 30 COMBINED HEAT & POWER: SOLID OXIDE FUEL CELL MARKET FOR STATIONARY APPLICATIONS, BY REGION, 2020–2028 (USD MILLION)
    8.4 TRANSPORT 
           8.4.1 DEVELOPMENT OF SOFCS FOR HEAVY-DUTY VEHICLES TO FUEL MARKET GROWTH
                    TABLE 31 TRANSPORT: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
9 SOLID OXIDE FUEL CELL MARKET, BY END USER (Page No. - 105)
    9.1 INTRODUCTION 
           FIGURE 40 SOLID OXIDE FUEL CELL MARKET SHARE, BY END USER, 2022
           TABLE 32 SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
    9.2 RESIDENTIAL 
           9.2.1 INCREASING POWER CONSUMPTION BY RESIDENTIAL BUILDINGS TO DRIVE SEGMENTAL GROWTH
                    TABLE 33 RESIDENTIAL: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
    9.3 COMMERCIAL & INDUSTRIAL 
           9.3.1 RISING NEED TO CURB CARBON EMISSIONS FROM COMMERCIAL & INDUSTRIAL BUILDINGS TO PROPEL MARKET
                    TABLE 34 COMMERCIAL & INDUSTRIAL: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
    9.4 DATA CENTERS 
           9.4.1 RELIANCE ON SOFC PLATFORMS AS PRIMARY POWER SOURCE IN DATA CENTERS TO FUEL SEGMENTAL GROWTH
                    TABLE 35 DATA CENTERS: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
    9.5 MILITARY & DEFENSE 
           9.5.1 GROWING DEMAND FOR FUEL-FLEXIBLE POWER SYSTEMS FOR MILITARY & DEFENSE APPLICATIONS TO CONTRIBUTE TO MARKET GROWTH
                    TABLE 36 MILITARY & DEFENSE: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
10 SOLID OXIDE FUEL CELL MARKET, BY REGION (Page No. - 111)
     10.1 INTRODUCTION 
               FIGURE 41 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
               FIGURE 42 SOLID OXIDE FUEL CELL MARKET SHARE, BY REGION, 2022
               TABLE 37 SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (USD MILLION)
               TABLE 38 SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2028 (MW)
     10.2 ASIA PACIFIC 
             10.2.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
                       FIGURE 43 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET SNAPSHOT
                       TABLE 39 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 40 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY COUNTRY, 2020–2028 (MW)
                       TABLE 41 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                       TABLE 42 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR PLANAR, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 43 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR TUBULAR, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 44 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                       TABLE 45 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR PORTABLE APPLICATIONS, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 46 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR STATIONARY APPLICATIONS, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 47 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR TRANSPORT APPLICATIONS, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 48 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       TABLE 49 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR RESIDENTIAL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 50 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR COMMERCIAL & INDUSTRIAL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 51 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR DATA CENTERS, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 52 ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET FOR MILITARY & DEFENSE, BY COUNTRY, 2020–2028 (USD MILLION)
                       10.2.1.1 Japan
                                   10.2.1.1.1 Rising focus on efficient power generation for residential applications to drive market
                                   TABLE 53 JAPAN: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 54 JAPAN: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 55 JAPAN: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.2.1.2 South Korea
                                   10.2.1.2.1 Increasing investments in hydrogen-powered energy servers to propel market
                                   TABLE 56 SOUTH KOREA: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 57 SOUTH KOREA: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 58 SOUTH KOREA: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.2.1.3 China
                                   10.2.1.3.1 Growing focus on mitigating carbon emissions to boost adoption
                                   TABLE 59 CHINA: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 60 CHINA: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 61 CHINA: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.2.1.4 Rest of Asia Pacific
                                   TABLE 62 REST OF ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 63 REST OF ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 64 REST OF ASIA PACIFIC: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
     10.3 NORTH AMERICA 
               FIGURE 44 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET SNAPSHOT
             10.3.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
                       TABLE 65 NORTH AMERICA: SOLID OXIDE FUEL CELL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 66 NORTH AMERICA: SOLID OXIDE FUEL CELL, BY COUNTRY, 2020–2028 (MW)
                       TABLE 67 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                       TABLE 68 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR PLANAR, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 69 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR TUBULAR, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 70 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                       TABLE 71 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR PORTABLE, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 72 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR STATIONARY, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 73 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR TRANSPORT, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 74 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       TABLE 75 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR RESIDENTIAL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 76 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR COMMERCIAL & INDUSTRIAL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 77 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR DATA CENTERS, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 78 NORTH AMERICA: SOLID OXIDE FUEL CELL MARKET FOR MILITARY & DEFENSE, BY COUNTRY, 2020–2028 (USD MILLION)
                       10.3.1.1 US
                                   10.3.1.1.1 Rising emphasis on clean energy generation to fuel market growth
                                   TABLE 79 US: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 80 US: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 81 US: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.3.1.2 Canada
                                   10.3.1.2.1 Growing energy demand from industrial facilities to drive market
                                   TABLE 82 CANADA: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 83 CANADA: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 84 CANADA: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
     10.4 EUROPE 
             10.4.1 RECESSION IMPACT ON MARKET IN EUROPE
                       TABLE 85 EUROPE: SOLID OXIDE FUEL CELL MARKET, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 86 EUROPE: SOLID OXIDE FUEL CELL MARKET, BY COUNTRY, 2020–2028 (MW)
                       TABLE 87 EUROPE: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                       TABLE 88 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR PLANAR, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 89 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR TUBULAR, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 90 EUROPE: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                       TABLE 91 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR PORTABLE, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 92 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR STATIONARY, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 93 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR TRANSPORT, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 94 EUROPE: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD THOUSAND)
                       TABLE 95 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR RESIDENTIAL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 96 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR COMMERCIAL & INDUSTRIAL, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 97 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR DATA CENTERS, BY COUNTRY, 2020–2028 (USD MILLION)
                       TABLE 98 EUROPE: SOLID OXIDE FUEL CELL MARKET FOR MILITARY & DEFENSE, BY COUNTRY, 2020–2028 (USD MILLION)
                       10.4.1.1 Germany
                                   10.4.1.1.1 Growing investments in fuel cell technology projects to boost market growth
                                   TABLE 99 GERMANY: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 100 GERMANY: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 101 GERMANY: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.4.1.2 UK
                                   10.4.1.2.1 Rising implementation of emission reduction rules to propel market
                                   TABLE 102 UK: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                                   TABLE 103 UK: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                                   TABLE 104 UK: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.4.1.3 Italy
                                   10.4.1.3.1 High preference for clean transportation to accelerate market growth
                                   TABLE 105 ITALY: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD THOUSAND)
                                   TABLE 106 ITALY: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD THOUSAND)
                                   TABLE 107 ITALY: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD THOUSAND)
                       10.4.1.4 Rest of Europe
                                   TABLE 108 REST OF EUROPE: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD THOUSAND)
                                   TABLE 109 REST OF EUROPE: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD THOUSAND)
                                   TABLE 110 REST OF EUROPE: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD THOUSAND)
     10.5 ROW 
             10.5.1 RECESSION IMPACT ON MARKET IN ROW
                       TABLE 111 ROW: SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2020–2028 (USD MILLION)
                       TABLE 112 ROW: SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2020–2028 (USD MILLION)
                       TABLE 113 ROW: SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2028 (USD MILLION)
                       10.5.1.1 Latin America
                                   10.5.1.1.1 Increasing hydrogen and fuel cell research to boost market growth
                       10.5.1.2 Middle East & Africa
                                   10.5.1.2.1 Rising use of SOFCs as backup power source to accelerate market growth
11 COMPETITIVE LANDSCAPE (Page No. - 146)
     11.1 OVERVIEW 
     11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2018–2023 
               TABLE 114 STRATEGIES ADOPTED BY KEY PLAYERS, 2018–2023
     11.3 MARKET SHARE ANALYSIS, 2022 
               TABLE 115 SOLID OXIDE FUEL CELL MARKET: DEGREE OF COMPETITION
               FIGURE 45 MARKET SHARE ANALYSIS, 2022
     11.4 MARKET EVALUATION FRAMEWORK, 2018–2023 
               TABLE 116 MARKET EVALUATION FRAMEWORK, 2018–2023
     11.5 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022 
               FIGURE 46 SEGMENTAL REVENUE ANALYSIS, 2018–2022
     11.6 COMPETITIVE SCENARIOS AND TRENDS 
             11.6.1 DEALS
                       TABLE 117 SOLID OXIDE FUEL CELL MARKET: DEALS, 2018–2023
             11.6.2 OTHERS
                       TABLE 118 SOLID OXIDE FUEL CELL MARKET: OTHERS, 2018–2023
     11.7 EVALUATION MATRIX OF KEY PLAYERS, 2022 
             11.7.1 STARS
             11.7.2 EMERGING LEADERS
             11.7.3 PERVASIVE PLAYERS
             11.7.4 PARTICIPANTS
                       FIGURE 47 SOLID OXIDE FUEL CELL MARKET: EVALUATION MATRIX OF KEY COMPANIES, 2022
                       TABLE 119 COMPANY TYPE FOOTPRINT
                       TABLE 120 COMPANY COMPONENT FOOTPRINT
                       TABLE 121 COMPANY APPLICATION FOOTPRINT
                       TABLE 122 COMPANY END USER FOOTPRINT
                       TABLE 123 COMPANY REGIONAL FOOTPRINT
                       TABLE 124 COMPANY PRODUCT FOOTPRINT
                       TABLE 125 COMPANY OVERALL FOOTPRINT
     11.8 EVALUATION MATRIX OF START-UPS/SMALL- AND MEDIUM-SIZED ENTERPRISES (SMES), 2022 
             11.8.1 PROGRESSIVE COMPANIES
             11.8.2 RESPONSIVE COMPANIES
             11.8.3 DYNAMIC COMPANIES
             11.8.4 STARTING BLOCKS
                       FIGURE 48 SOLID OXIDE FUEL CELL MARKET: EVALUATION MATRIX OF START-UPS/SMES, 2022
     11.9 COMPETITIVE BENCHMARKING 
               TABLE 126 SOLID OXIDE FUEL CELL MARKET: LIST OF KEY START-UPS/SMES
               TABLE 127 COMPANY TYPE FOOTPRINT: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
               TABLE 128 COMPANY COMPONENT FOOTPRINT: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
               TABLE 129 COMPANY APPLICATION FOOTPRINT: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
               TABLE 130 COMPANY END USER FOOTPRINT: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
               TABLE 131 COMPANY REGIONAL FOOTPRINT: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
               TABLE 132 COMPANY PRODUCT FOOTPRINT: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
12 COMPANY PROFILES (Page No. - 168)
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
     12.1 KEY PLAYERS 
             12.1.1 BLOOM ENERGY
                       TABLE 133 BLOOM ENERGY: COMPANY OVERVIEW
                       FIGURE 49 BLOOM ENERGY: COMPANY SNAPSHOT
                       TABLE 134 BLOOM ENERGY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 135 BLOOM ENERGY: PRODUCT LAUNCHES
                       TABLE 136 BLOOM ENERGY: DEALS
                       TABLE 137 BLOOM ENERGY: OTHERS
             12.1.2 AISIN CORPORATION
                       TABLE 138 AISIN CORPORATION: COMPANY OVERVIEW
                       FIGURE 50 AISIN CORPORATION: COMPANY SNAPSHOT
                       TABLE 139 AISIN CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 140 AISIN CORPORATION: DEALS
             12.1.3 MITSUBISHI HEAVY INDUSTRIES, LTD.
                       TABLE 141 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
                       FIGURE 51 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
                       TABLE 142 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 143 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS
                       TABLE 144 MITSUBISHI HEAVY INDUSTRIES, LTD.: OTHERS
             12.1.4 KYOCERA CORPORATION
                       TABLE 145 KYOCERA CORPORATION: COMPANY OVERVIEW
                       FIGURE 52 KYOCERA CORPORATION: COMPANY SNAPSHOT
                       TABLE 146 KYOCERA CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 147 KYOCERA CORPORATION: OTHERS
             12.1.5 MIURA CO., LTD.
                       TABLE 148 MIURA CO., LTD.: COMPANY OVERVIEW
                       FIGURE 53 MIURA CO., LTD.: COMPANY SNAPSHOT
                       TABLE 149 MIURA CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 150 MIURA CO., LTD.: PRODUCT LAUNCHES
             12.1.6 CERES
                       TABLE 151 CERES: COMPANY OVERVIEW
                       FIGURE 54 CERES: COMPANY SNAPSHOT
                       TABLE 152 CERES: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 153 CERES: DEALS
                       TABLE 154 CERES: OTHERS
             12.1.7 CONVION
                       TABLE 155 CONVION: COMPANY OVERVIEW
                       TABLE 156 CONVION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 157 CONVION: DEALS
             12.1.8 WATT FUEL CELL CORPORATION
                       TABLE 158 WATT FUEL CELL CORPORATION: COMPANY OVERVIEW
                       TABLE 159 WATT FUEL CELL CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 160 WATT FUEL CELL CORPORATION: DEALS
             12.1.9 ELCOGEN AS
                       TABLE 161 ELCOGEN AS: COMPANY OVERVIEW
                       TABLE 162 ELCOGEN AS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 163 ELCOGEN AS: DEALS
                       TABLE 164 ELCOGEN AS: OTHERS
             12.1.10 SUNFIRE GMBH
                       TABLE 165 SUNFIRE GMBH: COMPANY OVERVIEW
                       TABLE 166 SUNFIRE GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 167 SUNFIRE GMBH: DEALS
                       TABLE 168 SUNFIRE GMBH: OTHERS
             12.1.11 SOLYDERA SPA
                       TABLE 169 SOLYDERA SPA: COMPANY OVERVIEW
                       TABLE 170 SOLYDERA SPA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 171 SOLYDERA SPA: DEALS
                       TABLE 172 SOLYDERA SPA: OTHERS
             12.1.12 H2E POWER
                       TABLE 173 H2E POWER: COMPANY OVERVIEW
                       TABLE 174 H2E POWER: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 175 H2E POWER: DEALS
             12.1.13 UPSTART POWER, INC.
                       TABLE 176 UPSTART POWER, INC.: COMPANY OVERVIEW
                       TABLE 177 UPSTART POWER, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 178 UPSTART POWER, INC.: DEALS
                       TABLE 179 UPSTART POWER, INC.: PRODUCT LAUNCHES
     12.2 OTHER PLAYERS 
             12.2.1 ZTEK CORPORATION, INC.
                       TABLE 180 ZTEK CORPORATION, INC.: COMPANY OVERVIEW
             12.2.2 SPECIAL POWER SOURCES
                       TABLE 181 SPECIAL POWER SOURCES: COMPANY OVERVIEW
             12.2.3 ADELAN
                       TABLE 182 ADELAN: COMPANY OVERVIEW
             12.2.4 SOFCMAN
                       TABLE 183 SOFCMAN: COMPANY OVERVIEW
             12.2.5 EDGE AUTONOMY
                       TABLE 184 EDGE AUTONOMY: COMPANY OVERVIEW
                       12.3 R&D PLAYERS
             12.3.1 FUELCELL ENERGY, INC.
                       TABLE 185 FUELCELL ENERGY, INC.: COMPANY OVERVIEW
                       FIGURE 55 FUELCELL ENERGY, INC.: COMPANY SNAPSHOT
                       TABLE 186 FUELCELL ENERGY, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 187 FUELCELL ENERGY, INC.: DEALS
                       TABLE 188 FUELCELL ENERGY, INC.: OTHERS
             12.3.2 DOOSAN FUEL CELL CO., LTD.
                       TABLE 189 DOOSAN FUEL CELL CO., LTD.: COMPANY OVERVIEW
                       FIGURE 56 DOOSAN FUEL CELL CO., LTD.: COMPANY SNAPSHOT
                       TABLE 190 DOOSAN FUEL CELL CO., LTD.: DEALS
             12.3.3 ROBERT BOSCH GMBH
                       TABLE 191 ROBERT BOSCH GMBH: COMPANY OVERVIEW
                       FIGURE 57 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
                       TABLE 192 ROBERT BOSCH GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 193 ROBERT BOSCH GMBH: DEALS
                       TABLE 194 ROBERT BOSCH GMBH: OTHERS
             12.3.4 POSCOENERGY
                       TABLE 195 POSCOENERGY: COMPANY OVERVIEW
             12.3.5 CLARA VENTURE LABS
                       TABLE 196 CLARA VENTURE LABS: COMPANY OVERVIEW
             12.3.6 CUMMINS INC.
                       TABLE 197 CUMMINS INC.: COMPANY OVERVIEW
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 229)
     13.1 INSIGHTS FROM INDUSTRY EXPERTS 
     13.2 DISCUSSION GUIDE 
     13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.4 CUSTOMIZATION OPTIONS 
     13.5 RELATED REPORTS 
     13.6 AUTHOR DETAILS