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 Growth & Trends
Global SOFC and SOEC Industry Growth and Trends Forecast to 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.
Report Scope
This report provides a structured, data-driven view of the global SOFC and SOEC market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The SOFC and SOEC market size, estimates, and forecasts are presented in terms of sales volume (MW) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global SOFC and SOEC market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to SOFC and SOEC.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global SOFC and SOEC market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of SOFC and SOEC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of SOFC and SOEC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: 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 Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global SOFC and SOEC Sales Estimates and Forecasts (2021-2032)
- 1.3 SOFC and SOEC Market by Type
- 1.3.1 Planar
- 1.3.2 Tubular
- 1.3.3 Others
- 1.4 Global SOFC and SOEC Market Size by Type
- 1.4.1 Global SOFC and SOEC Market Size Overview by Type (2021-2032)
- 1.4.2 Global SOFC and SOEC Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global SOFC and SOEC Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America SOFC and SOEC Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe SOFC and SOEC Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific SOFC and SOEC Sales Breakdown by Type (2021-2026)
- 1.5.4 South America SOFC and SOEC Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa SOFC and SOEC Sales Breakdown by Type (2021-2026)
2 Global 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 Market Competitive Landscape by Company
- 3.1 Global Top Players by SOFC and SOEC Revenue (2021-2026)
- 3.2 Global Top Players by SOFC and SOEC Sales (2021-2026)
- 3.3 Global Top Players by SOFC and SOEC Price (2021-2026)
- 3.4 Global SOFC and SOEC Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global SOFC and SOEC Major Company Production Sites & Headquarters
- 3.6 Global SOFC and SOEC Company, Product Type & Application
- 3.7 Global SOFC and SOEC Company Establishment 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 Revenue in 2025
- 3.8.3 2025 SOFC and SOEC Tier 1, Tier 2, and Tier 3
4 SOFC and SOEC Regional Status and Outlook
- 4.1 Global SOFC and SOEC Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global SOFC and SOEC Historic Market Size by Region
- 4.2.1 Global SOFC and SOEC Sales in Volume by Region (2021-2026)
- 4.2.2 Global SOFC and SOEC Sales in Value by Region (2021-2026)
- 4.2.3 Global SOFC and SOEC Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global SOFC and SOEC Forecasted Market Size by Region
- 4.3.1 Global SOFC and SOEC Sales in Volume by Region (2027-2032)
- 4.3.2 Global SOFC and SOEC Sales in Value by Region (2027-2032)
- 4.3.3 Global SOFC and SOEC Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 SOFC and SOEC by Application
- 5.1 SOFC and SOEC Market by Application
- 5.1.1 Stationary
- 5.1.2 Transportation
- 5.1.3 Portable & Military
- 5.2 Global SOFC and SOEC Market Size by Application
- 5.2.1 Global SOFC and SOEC Market Size Overview by Application (2021-2032)
- 5.2.2 Global SOFC and SOEC Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global SOFC and SOEC Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America SOFC and SOEC Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe SOFC and SOEC Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific SOFC and SOEC Sales Breakdown by Application (2021-2026)
- 5.3.4 South America SOFC and SOEC Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa SOFC and SOEC Sales Breakdown by Application (2021-2026)
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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue 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 Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 OxEon Energy SOFC and SOEC Product Portfolio
- 6.13.5 OxEon Energy Recent Developments
7 North America by Country
- 7.1 North America SOFC and SOEC Sales by Country
- 7.1.1 North America SOFC and SOEC Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America SOFC and SOEC Sales by Country (2021-2026)
- 7.1.3 North America SOFC and SOEC Sales Forecast by Country (2027-2032)
- 7.2 North America SOFC and SOEC Market Size by Country
- 7.2.1 North America SOFC and SOEC Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America SOFC and SOEC Market Size by Country (2021-2026)
- 7.2.3 North America SOFC and SOEC Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe SOFC and SOEC Sales by Country
- 8.1.1 Europe SOFC and SOEC Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe SOFC and SOEC Sales by Country (2021-2026)
- 8.1.3 Europe SOFC and SOEC Sales Forecast by Country (2027-2032)
- 8.2 Europe SOFC and SOEC Market Size by Country
- 8.2.1 Europe SOFC and SOEC Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe SOFC and SOEC Market Size by Country (2021-2026)
- 8.2.3 Europe SOFC and SOEC Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific SOFC and SOEC Sales by Country
- 9.1.1 Asia-Pacific SOFC and SOEC Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific SOFC and SOEC Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific SOFC and SOEC Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific SOFC and SOEC Market Size by Country
- 9.2.1 Asia-Pacific SOFC and SOEC Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific SOFC and SOEC Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific SOFC and SOEC Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America SOFC and SOEC Sales by Country
- 10.1.1 South America SOFC and SOEC Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America SOFC and SOEC Sales by Country (2021-2026)
- 10.1.3 South America SOFC and SOEC Sales Forecast by Country (2027-2032)
- 10.2 South America SOFC and SOEC Market Size by Country
- 10.2.1 South America SOFC and SOEC Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America SOFC and SOEC Market Size by Country (2021-2026)
- 10.2.3 South America SOFC and SOEC Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa SOFC and SOEC Sales by Country
- 11.1.1 Middle East and Africa SOFC and SOEC Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa SOFC and SOEC Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa SOFC and SOEC Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa SOFC and SOEC Market Size by Country
- 11.2.1 Middle East and Africa SOFC and SOEC Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa SOFC and SOEC Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa SOFC and SOEC Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 SOFC and SOEC Value Chain Analysis
- 12.1.1 SOFC and SOEC Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 SOFC and SOEC Production Mode & Process
- 12.2 SOFC and SOEC Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 SOFC and SOEC Distributors
- 12.2.3 SOFC and SOEC Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 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