Planar solid oxide fuel cell (SOFC) is a flat, thin ceramic plate that converts the chemical energy of a fuel into electricity with least amount emissions. It offers a clean, low-pollution technology to electrochemically generate electricity at high efficiencies, since their efficiencies are not limited by the Carnot cycle of a heat engine. These fuel cell technologies have many advantages over traditional energy conversion systems including high efficiency, consistency, modularity, fuel compliance, and very low levels of NOx and SOx emissions.
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By geography, the Asia Pacific region is projected to be the fastest-growing market for spray drying equipment, owing to increasing demand for the product from the automotive industry, in countries including India, Indonesia, and Thailand. In addition to this, the expansion of several other end-use industries in the developing nations of the region is expected to augment the growth of the regional market. Japan is leading in the region with vast applications of fuel cells, ranging from backup services for data centers, combined heat and power for homes, and many more. This is expected to provide a significant market growth for planar solid oxide fuel cell market. China has also witnessed a rise in its hyper-scale platforms, owing to which providing data center services for Chinese hyper-scale platforms have become necessary.
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Some of the key players in Planar Solid Oxide Fuel Cell Market include Accumentrics Corporation, Bloom Energy Corporation, Fuel Cell Energy, Ceramic Fuel Cells Limited, Watt Fuel Cell Corporation, Ultra Electronics, Ceres Power Holdings PLC., Protonex Technology Corporation, Aisin Seiki Corporation Limited, Delphi, SOFC Power S.P.A., Staxera Sunfire Gmbh, Topsoe Fuel Cell, Convion Fuel Cells Ltd., Hexis AG, Ballard Power Systems Inc., and Chevron Corporation.
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Related Markets:
1) https://www.strategymrc.com/report/solid-oxide-fuel-cell-market
2) https://www.strategymrc.com/report/stationary-fuel-cells-market
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