Asia-Pacific Solid Oxide Fuel Cells Market By Type (Tubular & Planar), By Application (Stationary, Transportation, & Portable), By Country (Japan, South Korea, China, India, Australia, & Others), Competition Forecast and Opportunities, 2013-2023

  • Industry : Power
  • Pages : 60
  • Published Date : October, 2018
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Report Description

Report Description

Asia-Pacific solid oxide fuel cells market was valued at over $ 314 million in 2017 and is projected to grow at a CAGR of more than 15% to cross $ 700 million by 2023. Over the last few years, solid oxide fuel cells have become more economical and are efficient to use for commercial as well as residential end use. In 2017, Japan’s Kyocera launched 3 kW SOFC cogeneration system for institutional application. Moreover, many countries in the Asia-Pacific region are investing heavily in the research and development of solid oxide fuel cells (SOFC) to address the technical issues hindering the commercialization of SOFC technology. These factors are expected to positively influence Asia-Pacific solid oxide fuel cells market during the forecast period.

Years Considered for this Report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • The primary objective of the study was to understand and gain insights about the Asia-Pacific solid oxide fuel cells market with their segmental analysis by type, by application and by country.
  • To estimate, calculate and forecast market size for Asia-Pacific solid oxide fuel cells market, in terms of value and power generation per year.
  • To categorize and forecast Asia-Pacific solid oxide fuel cells market by type in terms of tubular and planar cells.
  • To segment and forecast Asia-Pacific solid oxide fuel cells market by application constituting Transportation, Stationary and Portable.
  • To identify major drivers & challenges for the Asia-Pacific solid oxide fuel cells market.
  • To identify major trends in Asia-Pacific solid oxide fuel cells market.
  • To profile major companies operating in Asia-Pacific solid oxide fuel cells market.



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Few of the major players operating in Asia-Pacific solid oxide fuel cells market include Doosan Fuel Cell America, Inc., LG Fuel Cell Systems Inc., Fuel Cell Energy, SOFCMAN Energy Technology Co. Ltd., SOLIDpower Group, Posco Energy and Huaqing New Energy.     

To analyze and forecast Asia-Pacific solid oxide fuel cells market, bottom-up approach was used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Asia-Pacific solid oxide fuel cells market was also undertaken. Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for SOFC in Asia-Pacific region. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.

Various secondary sources such as white papers and secondary literature on solid oxide fuel cells (SOFC), Research and Development Statistics, BP Statistics, SOFC Companies’ Annual Reports, International Monetary Fund and World Bank were also studied by TechSci Research. 


Key Target Audience:

  • SOFC manufacturers, distributors and other stakeholders
  • Commercial and industrial power procurers
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is essential in delivering useful information to industry stakeholders such as facility management providing companies and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

Report Scope:

In this report, Asia-Pacific solid oxide fuel cells market has been segmented into the following categories in addition to the industry trends which have also been listed below:

  • Market, By Type:
    • Tubular
    • Planar
  • Market, By Application:
    • Stationary
    • Transportation
    • Portable
  • Market, By Country:
    • Japan
    • South Korea
    • China
    • India
    • Australia
    • Singapore
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Asia-Pacific solid oxide fuel cells market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case of you can’t find what you are looking for, then please get in touch with our custom research team at [email protected]

Table of content

Table of content

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Global SOFC Market Outlook

4.1.    Market Size & Forecast

4.1.1. By Value

4.1.2. By Power Generation

5.       Asia-Pacific SOFC Market Outlook

5.1.    Market Size & Forecast

5.1.1. By Value

5.1.2. By Power Generation

5.2.    Market Share & Forecast

5.2.1. By Type (Planar, Tubular)

5.2.2. By Application (Stationary, Portable & Transportation)

5.2.3. By Country

5.3.    Market Attractiveness Index

5.3.1. By Country

6.       Asia-Pacific Countries SOFC Market Outlook

6.1.   Japan SOFC Market Outlook

6.1.1. Market Size & Forecast

6.1.1.1.  By Value

6.1.2. Market Share & Forecast

6.1.2.1.  By Type (Planar, Tubular)

6.1.2.2.  By Application (Stationary, Portable & Transportation)

6.2.   South Korea SOFC Market Outlook

6.2.1. Market Size & Forecast

6.2.1.1.  By Value

6.2.2. Market Share & Forecast

6.2.2.1.  By Type (Planar, Tubular)

6.2.2.2.  By Application (Stationary, Portable & Transportation)

6.3.   China SOFC Market Outlook

6.3.1. Market Size & Forecast

6.3.1.1.  By Value

6.3.2. Market Share & Forecast

6.3.2.1.  By Type (Planar, Tubular)

6.3.2.2.  By Application (Stationary, Portable & Transportation)

6.4.   India SOFC Market Outlook

6.4.1. Market Size & Forecast

6.4.1.1.  By Value

6.4.2.Market Share & Forecast

6.4.2.1.  By Type (Planar, Tubular)

6.4.2.2.  By Application (Stationary, Portable & Transportation)

6.5.   Australia SOFC Market Outlook

6.5.1.Market Size & Forecast

6.5.1.1.  By Value

6.5.2.    Market Share & Forecast

6.5.2.1.  By Type (Planar, Tubular)

6.5.2.2.  By Application (Stationary, Portable & Transportation)

6.6.   Singapore SOFC Market Outlook

6.6.1.Market Size & Forecast

6.6.1.1.  By Value

6.6.2.Market Share & Forecast

6.6.2.1.  By Type (Planar, Tubular)

6.6.2.2.  By Application (Stationary, Portable & Transportation)

7.       Market Dynamics

8.       Market Trends & Developments

9.       Competitive Landscape

9.1.    Doosan Fuel Cell America, Inc.

9.2.    LG Fuel Cell Systems Inc.

9.3.    Fuel Cell Energy

9.4.    SOFCMAN Energy Technology Co. Ltd.

9.5.    SOLIDpower Group

9.6.    Posco Energy

9.7.    Huaqing New Energy

10.   Strategic Recommendations

Figures and Tables

List of Figures 

Figure 1: Global SOFC Market Size, By Value (USD Million), By Power Generation (MW), 2013-2023F

Figure 2: Global Gas Based Power Generation Capacity, By Region, 2015, 2020 & 2025 (GW)

Figure 3: NOx Emission Comparisons of SOFC with Conventional Power Source (ppm)

Figure 4:  SOx Emission Comparisons of SOFC with Conventional Power Source (ppm)

Figure 5: CO2 Emission Comparisons of SOFC with Conventional Power Source (g-c/kWh)

Figure 6: Noise Level Comparisons of SOFC with Conventional Power Source (DBA)

Figure 7: World Energy Consumption, By Type of Countries, 1990-2030F (Quadrillion BTU)

Figure 8: Non-OECD Energy Consumption, By Region, 1990, 2000, 2010, 2015, 2020F & 2030F (Quadrillion BTU)

Figure 9: APAC SOFC Market Size, By Value (USD Million), By Power Generation (MW), 2013-2023F

Figure 10: Asia-Pacific Real GDP Growth Rate, 2013-2017

Figure 11: Emerging & Developing Asia Inflation Rate, Average Consumer Prices, 2014-2022F

Figure 12: APAC SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 13: APAC SOFC Market Share, By Application, By Value, 2017 & 2023F

Figure 14: Asia-Pacific Primary Energy Consumption, By Coal as a Fuel, 2016 (%)

Figure 15: Asia-Pacific Proved Oil Reserves, 2015 (Thousand Million Barrels)

Figure 16: APAC SOFC Market Share, By Country, By Value, 2017 & 2023F

Figure 17: Asia-Pacific Primary Energy Consumption Share, By Fuel Type, 2015

Figure 18: APAC SOFC Market Attractiveness Index, By Country, By Value, 2018E-2023F

Figure 19: Japan SOFC Market Size, By Value (USD Million), 2013-2023F

Figure 20: Japan Industrial Production Growth Rate, 2012-2017

Figure 21: Japan GDP per Capita, 2012-2018E (USD)

Figure 22: Japan SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 23: Japan SOFC Market Share, By Application, By Value, 2017 & 2023F

Figure 24: South Korea SOFC Market Size, By Value (USD Million), 2013-2023F

Figure 25: South Korea Industrial Production Growth Rate, 2012-2017

Figure 26: South Korea GDP Growth Rate, 2012-2018E

Figure 27: South Korea SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 28: South Korea SOFC Market Share, By Application, By Value, 2017 & 2023F

Figure 29: China SOFC Market Size, By Value (USD Million), 2013-2023F

Figure 30: China GDP, 2010-2016 (Current USD in Trillion)

Figure 31: China IIP Growth Rate, 2012-2017

Figure 32: China SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 33: China SOFC Market Share, By Application, By Value, 2017 & 2023F

Figure 34: India SOFC Market Size, By Value (USD Million), 2013-2023F

Figure 35: India GDP Growth Rate, 2012-2018E

Figure 36: India IIP Growth Rate, 2012-2017

Figure 37: India SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 38: India SOFC Market Share, By Application, By Value, 2017 & 2023F

Figure 39: Australia SOFC Market Size, By Value (USD Million), 2013-2023F

Figure 40: Australia GDP per Capita, 2012-2017 (USD)

Figure 41: Australia Total Investment, Percentage of GDP, 2012-2020F

Figure 42: Australia SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 43: Australia SOFC Market Share, By Application, By Value, 2017 & 2023F

Figure 44: Singapore SOFC Market Size, By Value (USD Million), 2013-2023F

Figure 45: Singapore Primary Energy Consumption, 2011-2016 (MTOE)

Figure 46: Singapore SOFC Market Share, By Type, By Value, 2017 & 2023F

Figure 47: Singapore SOFC Market Share, By Application, By Value, 2017 & 2023F


List of Tables

Table 1: APAC Heat & Power Systems Emission of Pollutants, 2017

Frequently asked questions

Frequently asked questions

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