Dublin, July 20, 2022 (GLOBE NEWSWIRE) -- The "Global Solid Oxide Electrolysis Cell (SOEC) Market - Analysis By System Type, Application, End-User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Solid Oxide Electrolysis Cell (SOEC) Market was valued at USD 50.35 and the market volume stood at xx installed megawatt Million in the year 2021.
SOEC development will continue well into the future even after it achieves complete marketability. While cost targets must be met, a deeper understanding of the processes involved in electrolysis will continue to result in increased performance and lifetime gains - areas where it must be validated. More crucially, as SOEC technology gains greater value-chain integration with intermittent renewable (wind, solar, etc.) energy sources, it will receive the boost it needs to scale up to its cost-competitiveness goals. Economies align their policies to favour efficient energy conversion technologies like SOECs in order to fulfil their net-zero targets.
Based on the System Type segment, the Oxygen Ion segment is expected to hold the largest share in the SOEC market in the year 2028, the use of proton-conducting electrolytes allows for efficient operation at lower temperatures, lowering thermal stress and permitting the use of less expensive stack materials and balance-of-plant components. Furthermore, protonic cells (PCFCs) resist carbon coking and are sulfur-tolerant, allowing for stable operation with a wide range of hydrocarbon fuels.
The North American region is estimated to have the maximum share in the global SOEC market followed by APAC & Europe. Also, the new emerging markets in the APAC region will witness the fastest growth rate in the forthcoming years.
Moreover, rising emphasis by governments of developed markets, such as the United States and Europe, on reducing emissions and their inclination toward a technological shift to support or, to some extent, even replace ageing electric grids, is likely to boost market in the forecast period. Additionally, increasing adaptivity by end-users like data centers, military and defense, provide ample opportunities for leading companies to invest in SOEC, thereby, driving the growth of SOEC in the forecast period.
Scope of the Report:
- The report presents the analysis of SOEC for the historical period of 2017-2021 and the forecast period of 2022-2027.
- The report analyses the SOEC by value (USD Million).
- The report analyses the SOEC by Volume (Installed Megawatt).
- The report analyses the SOEC by System Type (Proton, Oxygen Ion).
- The report analyses the SOEC by Technology (RO Purification, UF Purification, UV Purification, Others).
- The report analyses the SOEC by End User- (Horeca, Educational Institutions, Hospitals, Others).
- The Global SOEC has been analysed by countries (United States, Canada, Brazil, United Kingdom, Germany, France, Spain, Italy, Turkey, Nordic, Russia, China, Japan, India, South Korea, Australia, Indonesia, Singapore, Malaysia, Brazil, Mexico, Argentina, GCC, South Africa, North Africa, Israel).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Location and Product.
- Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Mitsubishi Power, Sunfire, Solid Power Inc., Hoganas AB, OxEon Energy, Nexcresis LLC, Toshiba Corporation, Redox Power System, FuelCell Energy Inc., Haldor Topsoe, Bloom Energy Corporation.
Key Topics Covered:
1. Report scope & Methodology
2. Strategic Recommendations
3. Global SOEC Market: Product Overview
4. Global SOEC Market: Value Chain Analysis
5. Global SOEC Market: Investment Landscape
6. Global SOEC Market: Regulatory Analysis
7. Global SOEC Market: Average Price Analysis
8. Global SOEC Market: An Analysis
8.1 Market Size, By Value, 2017-2027
8.2 Impact of COVID-19 on Global SOEC Market
9. Global SOEC Market: Segmental Analysis
9.1 Global SOEC Market by System Type
9.2 Competitive Positioning of Global SOEC Market - By System Type
9.3 Global SOEC Market by System Type, by value
9.4 Global SOEC Market by Application
9.5 Competitive Positioning of Global SOEC Market - By Application
9.6 Global SOEC Market by Application, By value
9.7 Global SOEC Market by End User
9.8 Competitive Positioning of Global SOEC Market - By End User
9.9 Global SOEC Market by End User, By value
10. Global SOEC Market: Regional Analysis
11. North America SOEC Market: An Analysis (2017-2027)
12. Europe SOEC Market: An Analysis (2017-2027)
13. APAC SOEC Market: An Analysis (2017-2027)
14. LATAM SOEC Market: An Analysis (2017-2027)
15. MEA SOEC Market: An Analysis (2017-2027)
16. Global SOEC Market Dynamics
16.1 Global SOEC Market Drivers
16.2 Global SOEC Market Restraints
16.3 Global SOEC Market Trends
17. Market Attractiveness and Strategic Analysis
17.1 Market Attractiveness Chart of Global SOEC - By System Type (Year 2028)
17.2 Market Attractiveness Chart of Global SOEC - By Application (Year 2028)
17.3 Market Attractiveness Chart of Global SOEC - By End User (Year 2027)
17.4 Market Attractiveness Chart of Global SOEC - By Region (Year 2027)
18. Competitive Landscape
18.1 Market Share of global leading companies
18.2 Porter Five Forces Analysis-Global SOEC Market
19. Company Profiles (Business Description, Financial Analysis, Business Strategy)
19.1 Mitsubishi Power
19.2 Toshiba Corporation
19.3 FuelCell Energy Inc.
19.4 Bloom Energy Corporation
19.5 Haldor Topsoe
19.6 Sunfire
19.7 Hoganas AB
19.8 OxEon Energy
19.9 Necresis LLC
19.10 Redox Power System
20. About the Publisher
For more information about this report visit https://www.researchandmarkets.com/r/4eg7vm
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