info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

US Solid Oxide Fuel Cell Market Research Report By Type (Planar, Tubular), By Mobility (Stationary, Portable), and By Application (Combined Heat and Power)- Forecast to 2035


ID: MRFR/E&P/46970-HCR | 200 Pages | Author: Garvit Vyas| April 2025

US Solid Oxide Fuel Cell Market Overview:


As per MRFR analysis, the US Solid Oxide Fuel Cell Market Size was estimated at 117.67 (USD Million) in 2023. The US Solid Oxide Fuel Cell Market Industry is expected to grow from 166.1 (USD Million) in 2024 to 1,500 (USD Million) by 2035. The US Solid Oxide Fuel Cell Market CAGR (growth rate) is expected to be around 22.147% during the forecast period (2025 - 2035).


Key US Solid Oxide Fuel Cell Market Trends Highlighted


The US Solid Oxide Fuel Cell (SOFC) market is witnessing notable trends driven by the increasing need for efficient and clean energy solutions. One of the key market drivers is the emphasis on reducing greenhouse gas emissions, as governmental policies promote cleaner energy sources. The US government has set ambitious goals to cut emissions, which is propelling investments in fuel cell technology as part of a broader strategy to enhance energy security and sustainability. Additionally, the growing deployment of renewable energy systems, such as solar and wind, has created a natural synergy with SOFC technology, allowing for integrated energy solutions that optimize performance and minimize environmental impact.


In recent times, there has been a significant shift toward decentralized energy generation solutions, with SOFC systems being recognized for their ability to provide reliable electricity for residential, commercial, and industrial applications. The trend towards energy independence, alongside a push for resilient infrastructure in the wake of climate events, is creating opportunities for SOFC technology to thrive. Companies are actively exploring advancements in materials and designs to improve the efficiency and lifespan of these fuel cells, opening doors for innovation in the US market. Emerging applications, particularly in the transportation sector and combined heat and power systems, showcase the versatility of SOFCs.


The focus on research and development is enhancing the competitiveness of US manufacturers in the global marketplace. As stakeholders recognize the potential of solid oxide fuel cells in addressing pressing energy challenges, further investments in infrastructure and public-private partnerships are set to catalyze growth in the sector. This evolving landscape presents vast opportunities to accelerate the adoption of SOFC technology throughout the United States, contributing to a more sustainable energy future.


US Solid Oxide Fuel Cell Market size


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Solid Oxide Fuel Cell Market Drivers


Growing Demand for Clean Energy Solutions


The growing need for sustainable and clean energy sources is driving substantial growth in the US solid oxide fuel cell market. The output of renewable energy has been steadily increasing, according to the U.S. Energy Information Administration (EIA), which projects that by 2035, renewable sources will account for more than 40% of the mix used to generate power. Investments in technologies like solid oxide fuel cells, which effectively transform chemical energy into electrical energy, are increasing as a result of this change. Solid oxide fuel cells are expected to be adopted more quickly in this market since regulated organizations in the energy sector, such as the U.S. Department of Energy, give priority to low-emission technology. Additionally, the drive for net-zero emissions by 2050 may call for major energy infrastructure improvements, which would raise demand for solid oxide fuel cell technology.


Government Incentives and Policies Supporting Fuel Cell Technologies


In the United States, government incentives play a crucial role in promoting the adoption of solid oxide fuel cells, impacting the US Solid Oxide Fuel Cell Market Industry positively. The federal government has allocated substantial funding toward Research and Development (R&D) for fuel cell advancements, amounting to hundreds of millions of USD annually in recent years. Programs under the U.S. Department of Energy encourage public-private partnerships that enhance the commercial viability of solid oxide fuel cells. The investment tax credit also extends to fuel cell projects, which can cover up to 30% of the costs associated with installation and technology development, accelerating market growth.


Advancements in Solid Oxide Fuel Cell Technology


Technological advancements in solid oxide fuel cells are critical drivers for the US Solid Oxide Fuel Cell Market Industry, enhancing overall efficiency and reducing costs. Recent innovations have led to improvements in cell designs and materials, which have effectively increased the operational lifespan of fuel cells by 15-20 years, according to data from national laboratories. These advancements allow for increased reliability in various applications ranging from stationary power generation to transportation solutions. As leading organizations like the National Renewable Energy Laboratory invest in this technology, the market is poised for exponential growth in response to these efficiencies.


Increased Focus on Energy Security and Resilience


The focus on energy security and resilience in the US has been a major market driver for the US Solid Oxide Fuel Cell Market Industry. According to the U.S. Department of Homeland Security, there has been an increase in efforts to enhance infrastructure against vulnerabilities. Solid oxide fuel cells provide a decentralized power generation solution, reducing dependency on traditional grid systems. The integration of these systems can prevent energy distribution disruptions caused by natural disasters and cyber threats. This is increasingly relevant as severe weather events are on the rise, according to the National Oceanic and Atmospheric Administration, which reported a 21% increase in extreme weather events over the last decade. Consequently, solid oxide fuel cells represent a strategic component in developing secure and resilient energy systems.


US Solid Oxide Fuel Cell Market Segment Insights:


Solid Oxide Fuel Cell Market Type Insights


The Type segment of the US Solid Oxide Fuel Cell Market encompasses critical configurations that cater to diverse applications, highlighting the need for innovation and efficiency in the pursuit of cleaner energy technology. The Planar design serves as a prominent choice due to its compactness and versatility, making it suitable for various applications ranging from stationary power generation to portable energy solutions. Its architecture typically allows for higher energy density and efficiency, which is essential in maximizing energy output while minimizing footprint.


Meanwhile, the Tubular design offers significant advantages in terms of thermal stability and mechanical durability, making it highly advantageous for high-temperature operating environments. This design's tubular shape facilitates easier manufacturing and integration, which can potentially lead to lower production costs and enhanced system reliability. The continued investment in Research and Development within these configurations is crucial for the evolution of the US Solid Oxide Fuel Cell Market, driven by the demand for sustainable and efficient energy sources. Furthermore, government initiatives aimed at promoting renewable energy technologies are likely to create growth opportunities within these types, strengthening their positioning in the market landscape.


The focus on reducing carbon emissions and enhancing energy security continues to drive the implementation of solid oxide fuel cells, underlining their importance in meeting environmental goals. Overall, the Type segment not only showcases the technological advancements in the fuel cell industry but also reflects the broader trends of sustainable energy practices in the US, meeting both consumer demands and regulatory frameworks. The dynamics between the Planar and Tubular designs thus play a significant role in shaping the trajectory of the US Solid Oxide Fuel Cell Market, emphasizing the importance of ongoing innovation and market adaptation to fulfill energy needs.


US Solid Oxide Fuel Cell Market Segment


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Solid Oxide Fuel Cell Market Mobility Insights


The Mobility segment of the US Solid Oxide Fuel Cell Market is advancing as a promising component of the broader energy landscape, facilitating cleaner and more efficient energy solutions. This segment focuses on applications that support both stationary and portable power systems, showcasing their versatility and importance. Stationary applications, often employed in backup power and grid support, underscore the reliability and long-term operation characteristics of solid oxide fuel cells, which are essential for critical infrastructure. Portable applications cater to growing demands for mobile energy solutions across various industries, enhancing energy accessibility in remote locations.


The shift towards cleaner technologies, driven by regulations and consumer preferences for reduced emissions, represents a significant growth driver for the Mobility segment. Moreover, increased investment in Research and Development projects enhances product innovations and commercial feasibility, creating opportunities for future growth. The evolving landscape of renewable energy mandates robust energy solutions that can seamlessly integrate into existing frameworks, making the Mobility segment vital as part of the US Solid Oxide Fuel Cell Market segmentation.As sustainability takes precedence, the competition between these applications continues to shape the market dynamics and foster advancements in the fuel cell technology landscape.


Solid Oxide Fuel Cell Market Application Insights


The US Solid Oxide Fuel Cell Market within the Application segment is experiencing notable growth, driven largely by the demand for efficient energy solutions. Among various applications, Combined Heat and Power (CHP) systems are significant due to their ability to generate electricity while utilizing heat that would otherwise be wasted. This dual output increases overall energy efficiency and aligns with the growing emphasis on sustainability and reducing greenhouse gas emissions. The integration of Solid Oxide Fuel Cells in CHP systems is being recognized as a transformative technology to enhance energy security and promote the use of renewable resources.


Additionally, the rising focus on reducing carbon footprints and regulatory incentives are driving advancements in CHP applications, making them a dominant player in the market. As industries and residential sectors increasingly seek reliable and clean energy alternatives, the role of Solid Oxide Fuel Cells in Combined Heat and Power applications is poised to grow, solidifying their position as a key contributor to energy solutions in the US.


US Solid Oxide Fuel Cell Market Key Players and Competitive Insights:


The US Solid Oxide Fuel Cell Market is characterized by rapid technological advancements and increasing investments aimed at enhancing the efficiency and viability of fuel cell solutions. The competitive landscape is shaped by a blend of startups and established firms, each striving to carve out a niche in the evolving energy sector. Companies in this market focus on developing innovative fuel cell technologies that meet the growing demand for clean and sustainable energy sources. As the urgency for energy transition rises, these players are racing to expand their product offerings, optimize production processes, and strengthen their positions through strategic partnerships and collaborations.


The competitive dynamics are influenced by factors such as regulatory frameworks, environmental policies, and the overall market demand for sustainable energy solutions.PowerCell Sweden AB has developed a significant foothold in the US Solid Oxide Fuel Cell Market, primarily focusing on high-efficiency technology and embracing innovative approaches to fuel cell design. The company is recognized for its strong R&D capabilities, allowing it to enhance the performance and durability of its fuel cells. PowerCell Sweden AB's engineering excellence and dedication to sustainable energy solutions have positioned it as a key player in the US market. Its efforts to establish partnerships with local industrial players illustrate the company's strategy of collaboration to optimize production and expand its market reach. In the face of growing competition, PowerCell Sweden AB continues to leverage its technological strengths, aiming to contribute to the development of clean energy ecosystems across the United States.


FuelCell Energy operates with a solid premise in the US Solid Oxide Fuel Cell Market, offering a diverse range of products and services primarily centered around fuel cell technology and power generation solutions. The company is known for its capacity to provide clean, efficient, and cost-effective energy solutions, making it a favorable choice for a variety of commercial and industrial applications. FuelCell Energy's strategic approach includes multiple mergers and acquisitions that have bolstered its technological capabilities and market presence. Its product portfolio features integrated fuel cell systems designed for various scales and applications, which cater to a wide range of energy needs in the US market. Additionally, the company's commitment to sustainability and the innovative development of energy storage solutions paired with its fuel cell technologies demonstrate its strengths in addressing industry demands while maintaining a significant competitive edge.


Key Companies in the US Solid Oxide Fuel Cell Market Include:



  • PowerCell Sweden AB

  • FuelCell Energy

  • Ceramic Fuel Cells Limited

  • SFC Energy

  • Siemens

  • Ceres Media

  • Hexis

  • RollsRoyce

  • General Electric

  • Westinghouse Electric Company

  • Bloom Energy

  • Aisin Seiki

  • Toyota

  • Mitsubishi Power

  • Doosan Fuel Cell


US Solid Oxide Fuel Cell Market Industry Developments


Recent developments in the US Solid Oxide Fuel Cell Market have shown a dynamic landscape, with significant advancements and activities among key players such as FuelCell Energy, Siemens, and Bloom Energy. In July 2023, FuelCell Energy announced a new project for the deployment of their solid oxide fuel cell technology aimed at improving energy efficiency and carbon reduction for large-scale applications. Additionally, in September 2023, Siemens unveiled its plans to collaborate with General Electric in a joint venture designed to accelerate the research and commercialization of advanced fuel cell technologies.


The growth in market valuation continues, driven by increased investments and a growing emphasis on hydrogen solutions as a cleaner alternative to fossil fuels. Notably, in August 2022, Bloom Energy successfully secured substantial funding to expand its Solid Oxide Fuel Cell production in California, enhancing production capabilities and creating jobs in the region. The market has seen rising demand for renewable energy sources, further catalyzing the development and deployment of solid oxide fuel cells across various industries, including transportation and stationary power generation, aligning with federal and state initiatives aimed at reducing greenhouse gas emissions and promoting sustainable energy practices.


US Solid Oxide Fuel Cell Market Segmentation Insights


Solid Oxide Fuel Cell Market Type Outlook



  • Planar

  • Tubular


Solid Oxide Fuel Cell Market Mobility Outlook



  • Stationary

  • Portable


Solid Oxide Fuel Cell Market Application Outlook



  • Combined Heat and Power

Report Attribute/Metric Source: Details
MARKET SIZE 2023 117.67 (USD Million)
MARKET SIZE 2024 166.1 (USD Million)
MARKET SIZE 2035 1500.0 (USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 22.147% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED PowerCell Sweden AB, FuelCell Energy, Ceramic Fuel Cells Limited, SFC Energy, Siemens, Ceres Media, Hexis, RollsRoyce, General Electric, Westinghouse Electric Company, Bloom Energy, Aisin Seiki, Toyota, Mitsubishi Power, Doosan Fuel Cell
SEGMENTS COVERED Type, Mobility, Application
KEY MARKET OPPORTUNITIES Increased adoption in power generation, Advancements in efficiency and durability, Growing demand for clean energy, Regulatory support for emissions reduction, Integration with renewable energy systems
KEY MARKET DYNAMICS increasing energy demand, government incentives, technological advancements, environmental regulations, high efficiency
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Solid Oxide Fuel Cell Market is expected to be valued at 166.1 million USD in 2024.

By 2035, the market is anticipated to reach a value of 1,500.0 million USD.

The market is projected to grow at a CAGR of 22.147% from 2025 to 2035.

The primary types include Planar and Tubular Solid Oxide Fuel Cells.

The market value for Planar Solid Oxide Fuel Cells is expected to be 725.0 million USD by 2035.

By 2035, the market value for Tubular Solid Oxide Fuel Cells is projected to be 775.0 million USD.

Major players include PowerCell Sweden AB, FuelCell Energy, and Siemens, among others.

In 2024, Planar Solid Oxide Fuel Cells are valued at 82.0 million USD.

The market for Tubular Solid Oxide Fuel Cells is valued at 84.1 million USD in 2024.

Growing demand for clean energy and advancements in fuel cell technology are key growth drivers.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.
report-img