Tag Archives: Europe solid oxide fuel cells market

Europe Solid Oxide Fuel Cells Market to be Led by Tubular Solid Oxide Fuel Cells until 2023

According to a recently published TechSci Research report “Europe Solid Oxide Fuel Cells Market Research Report By Type, By Application, By Country, Competition Forecast and Opportunities, 2013 – 2023’’, Europe solid oxide fuel cells market is projected to cross $ 62 million by 2023 on account of rising research and development investments in SOFC systems in the region. Moreover, growing application of SOFCs in various sectors such as small-scale industry, data centers, healthcare, commercial, agriculture and residential sectors is further anticipated to boost demand for SOFC in Europe over the course of next five years. Additionally, rising focus towards development of alternative power generation methods along with growing number of public-private collaborations to promote solid oxide fuel cells is further likely to propel market growth during forecast period.