APO RESEARCH · REPORT
SOFC and SOEC
The SOFC and SOEC market covers Tubular, Planar, Others, etc. The typical players include Bloom Energy, Special Power Sources (SPS), Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, GE, Convion, FuelCell Energy, etc.
Product & engineering
Understand the product.
The SOFC and SOEC market covers Tubular, Planar, Others, etc. The typical players include Bloom Energy, Special Power Sources (SPS), Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, GE, Convion, FuelCell Energy, etc.
The SOFC is an all-solid chemical power generation device that directly converts the chemical energy stored in the fuel and oxidizer into electrical energy at medium and high temperature in an efficient and environmentally friendly manner. The SOFC is a type of fuel cell, which is characterized by the use of solid oxide materials as the electrolyte. SOFC uses a solid oxide electrolyte to conduct negative oxygen ions from the cathode to the anode.
The SOEC is a solid oxide fuel cell that operates in the reverse direction. In the electrolysis mode, under the applied voltage and high temperature, it electrolyzes H2O to produce H2 and O2, and realizes the conversion of electrical and thermal energy into chemical energy.
Selected research
Market Structure
Global SOFC and SOEC Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The SOFC and SOEC market covers Tubular, Planar, Others, etc. The typical players include Bloom Energy, Special Power Sources (SPS), Aisin Seiki, Mitsubishi Heavy Industries, Delphi Corp, GE, Convion, FuelCell Energy, etc.
The SOFC is an all-solid chemical power generation device that directly converts the chemical energy stored in the fuel and oxidizer into electrical energy at medium and high temperature in an efficient and environmentally friendly manner. The SOFC is a type of fuel cell, which is characterized by the use of solid oxide materials as the electrolyte. SOFC uses a solid oxide electrolyte to conduct negative oxygen ions from the cathode to the anode.
The SOEC is a solid oxide fuel cell that operates in the reverse direction. In the electrolysis mode, under the applied voltage and high temperature, it electrolyzes H2O to produce H2 and O2, and realizes the conversion of electrical and thermal energy into chemical energy.
Read the full market overview
The global key SOFC and SOEC manufacturers include Bloom Energy, Aisin Seiki, Mitsubishi Heavy Industries, etc. The output value accounting for about 88% of the global output value. These three companies have considerable strength in the industry, especially Bloom Energy, which ranks first.
The report provides an overview of the global SOFC and SOEC market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of SOFC and SOEC and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents SOFC and SOEC sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the SOFC and SOEC market size, projected growth trends, production technologies, key applications, and end-use industries.
SOFC and SOEC Segment by Company
Bloom Energy
Aisin Seiki
Mitsubishi Heavy Industries
SOLIDpower
Ceres
Convion
Special Power Sources (SPS)
Redox Power Systems
Sunfire GmbH
Fiaxel
ZTEK Corporation
Elcogen
OxEon Energy
SOFC and SOEC Segment by Type
Planar
Tubular
Others
SOFC and SOEC Segment by Application
Stationary
Transportation
Portable & Military
SOFC and SOEC Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global SOFC and SOEC market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of SOFC and SOEC and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of SOFC and SOEC.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the SOFC and SOEC market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global SOFC and SOEC industry.
Chapter 3: Detailed analysis of SOFC and SOEC market competition landscape. Including SOFC and SOEC manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of SOFC and SOEC by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of SOFC and SOEC in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Planar
- Tubular
- Others
Applications
- Stationary
- Transportation
- Portable & Military
Companies covered
- Bloom Energy
- Aisin Seiki
- Mitsubishi Heavy Industries
- SOLIDpower
- Ceres
- Convion
- Special Power Sources (SPS)
- Redox Power Systems
- Sunfire GmbH
- Fiaxel
- ZTEK Corporation
- Elcogen
- OxEon Energy
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global SOFC and SOEC Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global SOFC and SOEC Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global SOFC and SOEC Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global SOFC and SOEC Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global SOFC and SOEC Market Dynamics
- 2.1 SOFC and SOEC Industry Trends
- 2.2 SOFC and SOEC Industry Drivers
- 2.3 SOFC and SOEC Industry Opportunities and Challenges
- 2.4 SOFC and SOEC Industry Restraints
3 SOFC and SOEC Market by Manufacturers
- 3.1 Global SOFC and SOEC Production Value by Manufacturers (2021-2026)
- 3.2 Global SOFC and SOEC Production by Manufacturers (2021-2026)
- 3.3 Global SOFC and SOEC Average Price by Manufacturers (2021-2026)
- 3.4 Global SOFC and SOEC Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global SOFC and SOEC Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global SOFC and SOEC Manufacturers, Product Type & Application
- 3.7 Global SOFC and SOEC Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global SOFC and SOEC Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 SOFC and SOEC Players Market Share by Production Value in 2025
- 3.8.3 2025 SOFC and SOEC Tier 1, Tier 2, and Tier 3
4 SOFC and SOEC Market by Type
- 4.1 SOFC and SOEC Type Introduction
- 4.1.1 Planar
- 4.1.2 Tubular
- 4.1.3 Others
- 4.2 Global SOFC and SOEC Production by Type
- 4.2.1 Global SOFC and SOEC Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global SOFC and SOEC Production by Type (2021-2032)
- 4.2.3 Global SOFC and SOEC Production Market Share by Type (2021-2032)
- 4.3 Global SOFC and SOEC Production Value by Type
- 4.3.1 Global SOFC and SOEC Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global SOFC and SOEC Production Value by Type (2021-2032)
- 4.3.3 Global SOFC and SOEC Production Value Market Share by Type (2021-2032)
5 SOFC and SOEC Market by Application
- 5.1 SOFC and SOEC Application Introduction
- 5.1.1 Stationary
- 5.1.2 Transportation
- 5.1.3 Portable & Military
- 5.2 Global SOFC and SOEC Production by Application
- 5.2.1 Global SOFC and SOEC Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global SOFC and SOEC Production by Application (2021-2032)
- 5.2.3 Global SOFC and SOEC Production Market Share by Application (2021-2032)
- 5.3 Global SOFC and SOEC Production Value by Application
- 5.3.1 Global SOFC and SOEC Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global SOFC and SOEC Production Value by Application (2021-2032)
- 5.3.3 Global SOFC and SOEC Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Bloom Energy
- 6.1.1 Bloom Energy Company Information
- 6.1.2 Bloom Energy Business Overview
- 6.1.3 Bloom Energy SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.1.4 Bloom Energy SOFC and SOEC Product Portfolio
- 6.1.5 Bloom Energy Recent Developments
- 6.2 Aisin Seiki
- 6.2.1 Aisin Seiki Company Information
- 6.2.2 Aisin Seiki Business Overview
- 6.2.3 Aisin Seiki SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.2.4 Aisin Seiki SOFC and SOEC Product Portfolio
- 6.2.5 Aisin Seiki Recent Developments
- 6.3 Mitsubishi Heavy Industries
- 6.3.1 Mitsubishi Heavy Industries Company Information
- 6.3.2 Mitsubishi Heavy Industries Business Overview
- 6.3.3 Mitsubishi Heavy Industries SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.3.4 Mitsubishi Heavy Industries SOFC and SOEC Product Portfolio
- 6.3.5 Mitsubishi Heavy Industries Recent Developments
- 6.4 SOLIDpower
- 6.4.1 SOLIDpower Company Information
- 6.4.2 SOLIDpower Business Overview
- 6.4.3 SOLIDpower SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.4.4 SOLIDpower SOFC and SOEC Product Portfolio
- 6.4.5 SOLIDpower Recent Developments
- 6.5 Ceres
- 6.5.1 Ceres Company Information
- 6.5.2 Ceres Business Overview
- 6.5.3 Ceres SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.5.4 Ceres SOFC and SOEC Product Portfolio
- 6.5.5 Ceres Recent Developments
- 6.6 Convion
- 6.6.1 Convion Company Information
- 6.6.2 Convion Business Overview
- 6.6.3 Convion SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.6.4 Convion SOFC and SOEC Product Portfolio
- 6.6.5 Convion Recent Developments
- 6.7 Special Power Sources (SPS)
- 6.7.1 Special Power Sources (SPS) Company Information
- 6.7.2 Special Power Sources (SPS) Business Overview
- 6.7.3 Special Power Sources (SPS) SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.7.4 Special Power Sources (SPS) SOFC and SOEC Product Portfolio
- 6.7.5 Special Power Sources (SPS) Recent Developments
- 6.8 Redox Power Systems
- 6.8.1 Redox Power Systems Company Information
- 6.8.2 Redox Power Systems Business Overview
- 6.8.3 Redox Power Systems SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.8.4 Redox Power Systems SOFC and SOEC Product Portfolio
- 6.8.5 Redox Power Systems Recent Developments
- 6.9 Sunfire GmbH
- 6.9.1 Sunfire GmbH Company Information
- 6.9.2 Sunfire GmbH Business Overview
- 6.9.3 Sunfire GmbH SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.9.4 Sunfire GmbH SOFC and SOEC Product Portfolio
- 6.9.5 Sunfire GmbH Recent Developments
- 6.10 Fiaxel
- 6.10.1 Fiaxel Company Information
- 6.10.2 Fiaxel Business Overview
- 6.10.3 Fiaxel SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.10.4 Fiaxel SOFC and SOEC Product Portfolio
- 6.10.5 Fiaxel Recent Developments
- 6.11 ZTEK Corporation
- 6.11.1 ZTEK Corporation Company Information
- 6.11.2 ZTEK Corporation Business Overview
- 6.11.3 ZTEK Corporation SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.11.4 ZTEK Corporation SOFC and SOEC Product Portfolio
- 6.11.5 ZTEK Corporation Recent Developments
- 6.12 Elcogen
- 6.12.1 Elcogen Company Information
- 6.12.2 Elcogen Business Overview
- 6.12.3 Elcogen SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.12.4 Elcogen SOFC and SOEC Product Portfolio
- 6.12.5 Elcogen Recent Developments
- 6.13 OxEon Energy
- 6.13.1 OxEon Energy Company Information
- 6.13.2 OxEon Energy Business Overview
- 6.13.3 OxEon Energy SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 6.13.4 OxEon Energy SOFC and SOEC Product Portfolio
- 6.13.5 OxEon Energy Recent Developments
7 Global SOFC and SOEC Production by Region
- 7.1 Global SOFC and SOEC Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global SOFC and SOEC Production by Region (2021-2032)
- 7.2.1 Global SOFC and SOEC Production by Region (2021-2026)
- 7.2.2 Global SOFC and SOEC Production Forecast by Region (2027-2032)
- 7.3 Global SOFC and SOEC Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global SOFC and SOEC Production Value by Region (2021-2032)
- 7.4.1 Global SOFC and SOEC Production Value by Region (2021-2026)
- 7.4.2 Global SOFC and SOEC Production Value by Region (2027-2032)
- 7.5 Global SOFC and SOEC Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America SOFC and SOEC Production Value (2021-2032)
- 7.6.2 Europe SOFC and SOEC Production Value (2021-2032)
- 7.6.3 Asia-Pacific SOFC and SOEC Production Value (2021-2032)
- 7.6.4 South America SOFC and SOEC Production Value (2021-2032)
- 7.6.5 Middle East & Africa SOFC and SOEC Production Value (2021-2032)
8 Global SOFC and SOEC Consumption by Region
- 8.1 Global SOFC and SOEC Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global SOFC and SOEC Consumption by Region (2021-2032)
- 8.2.1 Global SOFC and SOEC Consumption by Region (2021-2026)
- 8.2.2 Global SOFC and SOEC Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America SOFC and SOEC Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe SOFC and SOEC Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific SOFC and SOEC Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America SOFC and SOEC Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa SOFC and SOEC Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 SOFC and SOEC Value Chain Analysis
- 9.1.1 SOFC and SOEC Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 SOFC and SOEC Production Mode & Process
- 9.2 SOFC and SOEC Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 SOFC and SOEC Distributors
- 9.2.3 SOFC and SOEC Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst