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Global Solid Oxide Fuel Cell Market Share, Trends, Size,
Analysis and Forecasts 2016-2020
An SOFC is a fuel cell that produces electricity through an electrochemical process. SOFCs offer low
emissions, long-term stability, high efficiency, and fuel flexibility. The excellent fuel flexibility of the
devices permit the use of safe, cheap, and readily available fuels such as hydrocarbons, natural gas,
hydrogen, methanol, and syngas.
SOFCs, however, require a high operating temperature, usually within the range of 500°C-1,000°C for
the activation of the electrolyte. These high operating temperatures lead to mechanical and chemical
compatibility issues and result in longer start-up times.
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Technavio's analysts forecast the global SOFC market to grow at a CAGR of 9.78% during the period
2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global SOFC market for 20152020. To calculate the market size, the report considers the revenue generated from the installation of
SOFC while shipment is based upon the total MW shipped.
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The market is divided into the following segments based on geography:
APAC
EMEA
Americas
Technavio's report, Global SOFC Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors operating in
this market.
Key questions answered in this report
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What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key...