The solid oxide fuel cell market is projected to grow at a CAGR of over 14% during the forecast period 2021-2026. Factors such as increasing environmental concerns and increasing demand for clean electrical energy are expected to be the major drivers driving the market. The solid oxide fuel cell market is expected to grow as the demand for clean energy increases due to concerns about the environmental impact of energy generation from conventional energy sources such as coal and natural gas. However, the relatively high initial cost and new technologies have somewhat hindered the growth of solid oxide fuel cells in the market.
A full report of Solid Oxide Fuel Cell Market available at https://www.orionmarketreports.com/solid-oxide-fuel-cell-market/20500/
Solid Oxide Fuel Cell Market: Segmentation
By Application
• Stationary
• Transport
• Portable
By End-user
• Commercial
• Data Centers
• Military & Defense
• Others
Major Players
• Bloom Energy
• Mitsubishi Heavy Industries, Ltd.
• Ceres Power Holdings plc
• Aisin Seiki Co., Ltd.
• Ensol Systems
• Sunfire GmbH
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
