Tag Archives: solid oxide fuel cells

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.

North America Solid Oxide Fuel Market Size, Share, Revenue, Top Players and Growth Analysis: Industry to Surpass $ 525 Million by 2023

According to a recently published TechSci Research report NorthAmerica Solid Oxide Fuel Cells Market By Type, By Application, By Country, Competition Forecast and Opportunities, 2013 – 2023’’, North America solid oxide fuel cells market is projected to cross $ 525 million by 2023 on account of rising investments in low emission technologies in the region. Moreover, various leading market players are developing SOFC systems with integration of various other technologies, which is further boosting their demand across North America. Additionally, advancements and developments in technologies related to solid oxide fuel cells along with research & development for commercialization of SOFC is expected to further augment demand as well as utilization of SOFCs in North America during forecast period.