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
Industry Research
SOFC and SOEC Industry Research Report 2026
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.
Report Scope
This report quantifies the global SOFC and SOEC market in revenue (US$ million) and, where applicable, sales volume (MW), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/MW) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to SOFC and SOEC.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
SOFC and SOEC Market 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
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of SOFC and SOEC manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of SOFC and SOEC by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 SOFC and SOEC by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Planar
- 2.2.3 Tubular
- 2.2.4 Others
- 2.3 SOFC and SOEC by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Stationary
- 2.3.3 Transportation
- 2.3.4 Portable & Military
- 2.4 Global Market Growth Prospects
- 2.4.1 Global SOFC and SOEC Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global SOFC and SOEC Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global SOFC and SOEC Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global SOFC and SOEC Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global SOFC and SOEC Production by Manufacturers (2021-2026)
- 3.2 Global SOFC and SOEC Production Value 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 Global SOFC and SOEC Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Bloom Energy
- 4.1.1 Bloom Energy SOFC and SOEC Company Information
- 4.1.2 Bloom Energy SOFC and SOEC Business Overview
- 4.1.3 Bloom Energy SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.1.4 Bloom Energy Product Portfolio
- 4.1.5 Bloom Energy Recent Developments
- 4.2 Aisin Seiki
- 4.2.1 Aisin Seiki SOFC and SOEC Company Information
- 4.2.2 Aisin Seiki SOFC and SOEC Business Overview
- 4.2.3 Aisin Seiki SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.2.4 Aisin Seiki Product Portfolio
- 4.2.5 Aisin Seiki Recent Developments
- 4.3 Mitsubishi Heavy Industries
- 4.3.1 Mitsubishi Heavy Industries SOFC and SOEC Company Information
- 4.3.2 Mitsubishi Heavy Industries SOFC and SOEC Business Overview
- 4.3.3 Mitsubishi Heavy Industries SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.3.4 Mitsubishi Heavy Industries Product Portfolio
- 4.3.5 Mitsubishi Heavy Industries Recent Developments
- 4.4 SOLIDpower
- 4.4.1 SOLIDpower SOFC and SOEC Company Information
- 4.4.2 SOLIDpower SOFC and SOEC Business Overview
- 4.4.3 SOLIDpower SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.4.4 SOLIDpower Product Portfolio
- 4.4.5 SOLIDpower Recent Developments
- 4.5 Ceres
- 4.5.1 Ceres SOFC and SOEC Company Information
- 4.5.2 Ceres SOFC and SOEC Business Overview
- 4.5.3 Ceres SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.5.4 Ceres Product Portfolio
- 4.5.5 Ceres Recent Developments
- 4.6 Convion
- 4.6.1 Convion SOFC and SOEC Company Information
- 4.6.2 Convion SOFC and SOEC Business Overview
- 4.6.3 Convion SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.6.4 Convion Product Portfolio
- 4.6.5 Convion Recent Developments
- 4.7 Special Power Sources (SPS)
- 4.7.1 Special Power Sources (SPS) SOFC and SOEC Company Information
- 4.7.2 Special Power Sources (SPS) SOFC and SOEC Business Overview
- 4.7.3 Special Power Sources (SPS) SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.7.4 Special Power Sources (SPS) Product Portfolio
- 4.7.5 Special Power Sources (SPS) Recent Developments
- 4.8 Redox Power Systems
- 4.8.1 Redox Power Systems SOFC and SOEC Company Information
- 4.8.2 Redox Power Systems SOFC and SOEC Business Overview
- 4.8.3 Redox Power Systems SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.8.4 Redox Power Systems Product Portfolio
- 4.8.5 Redox Power Systems Recent Developments
- 4.9 Sunfire GmbH
- 4.9.1 Sunfire GmbH SOFC and SOEC Company Information
- 4.9.2 Sunfire GmbH SOFC and SOEC Business Overview
- 4.9.3 Sunfire GmbH SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.9.4 Sunfire GmbH Product Portfolio
- 4.9.5 Sunfire GmbH Recent Developments
- 4.10 Fiaxel
- 4.10.1 Fiaxel SOFC and SOEC Company Information
- 4.10.2 Fiaxel SOFC and SOEC Business Overview
- 4.10.3 Fiaxel SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.10.4 Fiaxel Product Portfolio
- 4.10.5 Fiaxel Recent Developments
- 4.11 ZTEK Corporation
- 4.11.1 ZTEK Corporation SOFC and SOEC Company Information
- 4.11.2 ZTEK Corporation SOFC and SOEC Business Overview
- 4.11.3 ZTEK Corporation SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.11.4 ZTEK Corporation Product Portfolio
- 4.11.5 ZTEK Corporation Recent Developments
- 4.12 Elcogen
- 4.12.1 Elcogen SOFC and SOEC Company Information
- 4.12.2 Elcogen SOFC and SOEC Business Overview
- 4.12.3 Elcogen SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.12.4 Elcogen Product Portfolio
- 4.12.5 Elcogen Recent Developments
- 4.13 OxEon Energy
- 4.13.1 OxEon Energy SOFC and SOEC Company Information
- 4.13.2 OxEon Energy SOFC and SOEC Business Overview
- 4.13.3 OxEon Energy SOFC and SOEC Production, Value and Gross Margin (2021-2026)
- 4.13.4 OxEon Energy Product Portfolio
- 4.13.5 OxEon Energy Recent Developments
5 Global SOFC and SOEC Production by Region
- 5.1 Global SOFC and SOEC Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global SOFC and SOEC Production by Region: 2021-2032
- 5.2.1 Global SOFC and SOEC Production by Region: 2021-2026
- 5.2.2 Global SOFC and SOEC Production Forecast by Region (2027-2032)
- 5.3 Global SOFC and SOEC Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global SOFC and SOEC Production Value by Region: 2021-2032
- 5.4.1 Global SOFC and SOEC Production Value by Region: 2021-2026
- 5.4.2 Global SOFC and SOEC Production Value Forecast by Region (2027-2032)
- 5.5 Global SOFC and SOEC Market Price Analysis by Region (2021-2026)
- 5.6 Global SOFC and SOEC Production and Value, YOY Growth
- 5.6.1 North America SOFC and SOEC Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe SOFC and SOEC Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China SOFC and SOEC Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan SOFC and SOEC Production Value Estimates and Forecasts (2021-2032)
6 Global SOFC and SOEC Consumption by Region
- 6.1 Global SOFC and SOEC Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global SOFC and SOEC Consumption by Region (2021-2032)
- 6.2.1 Global SOFC and SOEC Consumption by Region: 2021-2026
- 6.2.2 Global SOFC and SOEC Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America SOFC and SOEC Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe SOFC and SOEC Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific SOFC and SOEC Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa SOFC and SOEC Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa SOFC and SOEC Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global SOFC and SOEC Production by Type (2021-2032)
- 7.1.1 Global SOFC and SOEC Production by Type (2021-2032) & (MW)
- 7.1.2 Global SOFC and SOEC Production Market Share by Type (2021-2032)
- 7.2 Global SOFC and SOEC Production Value by Type (2021-2032)
- 7.2.1 Global SOFC and SOEC Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global SOFC and SOEC Production Value Market Share by Type (2021-2032)
- 7.3 Global SOFC and SOEC Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global SOFC and SOEC Production by Application (2021-2032)
- 8.1.1 Global SOFC and SOEC Production by Application (2021-2032) & (MW)
- 8.1.2 Global SOFC and SOEC Production Market Share by Application (2021-2032)
- 8.2 Global SOFC and SOEC Production Value by Application (2021-2032)
- 8.2.1 Global SOFC and SOEC Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global SOFC and SOEC Production Value Market Share by Application (2021-2032)
- 8.3 Global SOFC and SOEC Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 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 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 Global SOFC and SOEC Analyzing Market Dynamics
- 10.1 SOFC and SOEC Industry Trends
- 10.2 SOFC and SOEC Industry Drivers
- 10.3 SOFC and SOEC Industry Opportunities and Challenges
- 10.4 SOFC and SOEC Industry Restraints
11 Report Conclusion
12 Disclaimer
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