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Heat Pump Market by Type (Air-to-Air, Air-to-Water, Water Source, Geothermal, Hybrid) Refrigerant (R410A, R407C, R744) Rated Capacity (Up to 10 kW, 10...

Publisher:        MarketsandMarkets

# of Pages:        191

Rating: 

1 User License $4,950

Publication Date:  February, 2022

Price:       $4,950 / User License




1 INTRODUCTION 27
1.1 OBJECTIVES OF STUDY 27
1.2 DEFINITION 27
1.2.1 HEAT PUMP MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 28
1.2.2 HEAT PUMP MARKET, BY RATED CAPACITY: INCLUSIONS AND EXCLUSIONS 28
1.2.3 HEAT PUMP MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS 28
1.3 MARKET SCOPE 29
1.3.1 MARKETS SEGMENTATION 29
1.3.2 REGIONS COVERED 29
1.3.3 YEARS CONSIDERED 30
1.4 CURRENCY 30
1.5 LIMITATIONS 30
1.6 STAKEHOLDERS 31
1.7 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 1 HEAT PUMP MARKET: RESEARCH DESIGN 33
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 34
FIGURE 2 DATA TRIANGULATION METHODOLOGY 34
2.2.1 SECONDARY DATA 35
2.2.1.1 Key data from secondary sources 35
2.2.2 PRIMARY DATA 35
2.2.2.1 Key data from primary sources 36
2.2.2.2 Breakdown of primaries 36
2.3 MARKET SIZE ESTIMATION 37
2.3.1 BOTTOM-UP APPROACH 38
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 38
2.3.2 TOP-DOWN APPROACH 39
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 39
2.4 DEMAND SIDE METRICS 40
FIGURE 5 MAIN METRICS CONSIDERED FOR ANALYZING DEMAND FOR HEAT PUMPS 40
2.4.1 METRICS CONSIDERED TO ANALYZE DEMAND FOR HEAT PUMPS INCLUDE: 40
TABLE 1 YEAR-ON-YEAR SALES OF HEAT PUMPS ACROSS COUNTRIES IS KEY DETERMINING FACTOR FOR MARKET SIZE ESTIMATION 41
2.4.2 ASSUMPTIONS FOR DEMAND SIDE ANALYSIS 41
2.4.3 DEMAND SIDE ANALYSIS CALCULATION 41
 
2.5 SUPPLY SIDE ANALYSIS 42
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF HEAT PUMPS 42
FIGURE 7 HEAT PUMP MARKET: SUPPLY SIDE ANALYSIS 43
2.5.1 CALCULATIONS FOR SUPPLY SIDE 43
2.5.2 ASSUMPTIONS FOR SUPPLY SIDE 43
FIGURE 8 COMPANY REVENUE ANALYSIS, 2020 44
2.6 FORECAST 44
3 EXECUTIVE SUMMARY 45
TABLE 2 HEAT PUMP MARKET SNAPSHOT 45
FIGURE 9 AIR-TO-AIR HEAT PUMP SEGMENT TO DOMINATE HEAT PUMP MARKET,
BY TYPE, DURING FORECAST PERIOD 46
FIGURE 10 UP TO 10 KW SEGMENT TO DOMINATE HEAT PUMP MARKET, BY RATED CAPACITY, DURING FORECAST PERIOD 46
FIGURE 11 R410A TO HOLD LARGEST SHARE OF HEAT PUMP MARKET, BY REFRIGERANT TYPE, DURING FORECAST PERIOD 47
FIGURE 12 RESIDENTIAL TO HOLD LARGEST SHARE OF HEAT PUMP MARKET, BY END USER, DURING FORECAST PERIOD 47
FIGURE 13 ASIA PACIFIC DOMINATED HEAT PUMP MARKET IN 2020 48
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES IN HEAT PUMP MARKET 49
FIGURE 14 GOVERNMENT INITIATIVES TO INCREASE INSTALLATION OF HEAT PUMPS TO DRIVE GROWTH OF HEAT PUMP MARKET FROM 2021 TO 2026 49
4.2 HEAT PUMP MARKET, BY REGION 50
FIGURE 15 NORTH AMERICA TO WITNESS HIGHEST GROWTH IN GLOBAL HEAT PUMP MARKET DURING FORECAST PERIOD 50
4.3 HEAT PUMP MARKET, BY TYPE 50
FIGURE 16 AIR-TO-AIR HEAT PUMP SEGMENT DOMINATED HEAT PUMP MARKET IN 2020 50
4.4 HEAT PUMP MARKET, BY END USER 51
FIGURE 17 RESIDENTIAL SEGMENT DOMINATED HEAT PUMP MARKET IN 2020 51
4.5 HEAT PUMP MARKET, BY RATED CAPACITY 51
FIGURE 18 UP TO 10 KW SEGMENT DOMINATED HEAT PUMP MARKET IN 2020 51
4.6 HEAT PUMP MARKET, BY REFRIGERANT TYPE 52
FIGURE 19 R410A SEGMENT DOMINATED HEAT PUMP MARKET IN 2020 52
4.7 HEAT PUMP MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY 52
FIGURE 20 RESIDENTIAL SEGMENT AND CHINA DOMINATED ASIA PACIFIC HEAT PUMP MARKET IN 2020 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 COVID-19 HEALTH ASSESSMENT 53
FIGURE 21 COVID-19 GLOBAL PROPAGATION 54
FIGURE 22 COVID-19 PROPAGATION IN SELECTED COUNTRIES 54
5.3 COVID-19 ECONOMIC ASSESSMENT 55
FIGURE 23 COMPARISON OF GDP FOR SELECTED G20 COUNTRIES IN 2020 55
5.4 MARKET DYNAMICS 56
FIGURE 24 HEAT PUMP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 56
5.4.1 DRIVERS 56
5.4.1.1 Contribution of heat pump technology to reduce carbon footprint 56
5.4.1.2 Government laws and subsidies to enhance energy efficiency 57
5.4.2 RESTRAINTS 57
5.4.2.1 Less awareness regarding advantages associated with heat pumps in emerging economies 57
5.4.3 OPPORTUNITIES 58
5.4.3.1 Increasing integration of Internet of Things (IoT) and other advanced technologies with heat pumps 58
5.4.3.2 Positive outlook toward use of geothermal energy 58
5.4.4 CHALLENGES 58
5.4.4.1 High initial installation costs 58
5.4.4.2 Impact of COVID-19 on heat pump market 59
5.5 A2L REFRIGERANT 59
5.6 HEAT PUMP REPLACING CONVENTIONAL HEATING METHODS 60
5.7 SUPPLY CHAIN ANALYSIS 60
FIGURE 25 HEAT PUMP MARKET: SUPPLY CHAIN ANALYSIS 60
TABLE 3 HEAT PUMP MARKET: SUPPLY CHAIN 61
5.7.1 RAW MATERIAL SUPPLIERS 61
5.7.2 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) 61
5.7.3 DISTRIBUTORS 61
5.7.4 END USERS 61
5.8 INNOVATIONS & PATENT REGISTRATION 62
5.9 TECHNOLOGY ANALYSIS 64
5.10 HEAT PUMP MARKET: REGULATIONS 64
5.11 PORTER’S FIVE FORCES ANALYSIS 65
FIGURE 26 HEAT PUMP MARKET: PORTER’S FIVE FORCES ANALYSIS 65
TABLE 4 HEAT PUMP MARKET: PORTER’S FIVE FORCES ANALYSIS 66
5.11.1 THREAT OF NEW ENTRANTS 66
5.11.2 BARGAINING POWER OF SUPPLIERS 66
5.11.3 BARGAINING POWER OF BUYERS 66
5.11.4 THREAT OF SUBSTITUTES 66
5.11.5 DEGREE OF COMPETITION 66
5.12 PRICING ANALYSIS 67
TABLE 5 AVERAGE UNIT COST OF HEAT PUMP, BY TYPE 67
5.13 CASE STUDY ANALYSIS 67
5.13.1 HIGH TEMPERATURE HEAT PUMP FOR 17TH CENTURY COTTAGE AT CORNWALL 67
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 67
5.14.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN HEAT PUMP MARKET 67
FIGURE 27 REVENUE SHIFT OF HEAT PUMP PROVIDERS 68
5.15 MARKET MAP 69
FIGURE 28 HEAT PUMP: MARKET MAP 69
5.16 TRADE ANALYSIS 69
5.16.1 EXPORT SCENARIO 69
TABLE 6 EXPORT SCENARIO FOR HS CODE: 8418, BY COUNTRY, 2016–2020
(USD THOUSAND) 70
5.16.2 IMPORT SCENARIO 71
TABLE 7 IMPORT SCENARIO FOR HS CODE: 8418, BY COUNTRY, 2016–2020
(USD THOUSAND) 71
6 HEAT PUMP MARKET, BY TYPE 72
6.1 INTRODUCTION 73
FIGURE 29 HEAT PUMP MARKET, BY TYPE, 2020 73
TABLE 8 HEAT PUMP MARKET, BY TYPE, 2019–2026 (USD MILLION) 73
6.2 AIR-TO-AIR HEAT PUMP 73
6.2.1 LOW INSTALLATION COST ASSOCIATED WITH AIR-TO-AIR HEAT PUMPS IS FUELING THEIR DEMAND 73
TABLE 9 HEAT PUMP MARKET FOR AIR-TO-AIR HEAT PUMP, BY REGION,
2019–2026 (USD MILLION) 74
6.3 AIR-TO-WATER HEAT PUMP 74
6.3.1 LOW EMISSION OF CO2 TO BE MAJOR FACTOR FUELING DEMAND FOR AIR-TO-WATER HEAT PUMPS 74
TABLE 10 HEAT PUMP MARKET FOR AIR-TO-WATER PUMP, BY REGION,
2019–2026 (USD MILLION) 74
6.4 WATER SOURCE HEAT PUMP 75
6.4.1 HIGH COEFFICIENT OF PERFORMANCE (COP) OF WATER SOURCE HEAT PUMPS TO BOOST MARKET GROWTH 75
TABLE 11 HEAT PUMP MARKET FOR WATER SOURCE HEAT PUMP, BY REGION,
2019–2026 (USD MILLION) 75
6.5 GROUND SOURCE (GEOTHERMAL) HEAT PUMP 75
6.5.1 HIGH EFFICIENCY ASSOCIATED WITH GEOTHERMAL PUMPS IS DRIVING THEIR DEMAND GLOBALLY 75
TABLE 12 HEAT PUMP MARKET FOR GROUND SOURCE (GEOTHERMAL) HEAT PUMP,
BY REGION, 2019–2026 (USD MILLION) 76
6.6 HYBRID HEAT PUMP 76
6.6.1 GROWING INCLINATION TOWARD USE OF RENEWABLE ENERGY SOURCES FOR HEATING TO DRIVE GROWTH OF HYBRID HEAT PUMP MARKET 76
TABLE 13 HEAT PUMP MARKET FOR HYBRID HEAT PUMP, BY REGION,
2019–2026 (USD MILLION) 76
 
7 HEAT PUMP MARKET, BY REFRIGERANT TYPE 77
7.1 INTRODUCTION 78
FIGURE 30 HEAT PUMP MARKET, BY REFRIGERANT TYPE, 2020 78
TABLE 14 HEAT PUMP MARKET, BY REFRIGERANT TYPE, 2019–2026 (USD MILLION) 78
7.2 R410A 78
7.2.1 R410A DOES NOT LEAD TO OZONE DEPLETION 78
TABLE 15 HEAT PUMP MARKET FOR R410A, BY REGION, 2019–2026 (USD MILLION) 79
7.3 R407C 79
7.3.1 R407C IS ENVIRONMENTALLY FRIENDLY REFRIGERANT 79
TABLE 16 HEAT PUMP MARKET FOR R407C, BY REGION, 2019–2026 (USD MILLION) 79
7.4 R744 80
7.4.1 HIGH VOLUMETRIC COOLING CAPACITY OF R744 IS FUELING ITS DEMAND GLOBALLY 80
TABLE 17 HEAT PUMP MARKET FOR R744, BY REGION, 2019–2026 (USD MILLION) 80
7.5 OTHERS 80
TABLE 18 HEAT PUMP MARKET FOR OTHERS, BY REGION, 2019–2026 (USD MILLION) 81
8 HEAT PUMP MARKET, BY RATED CAPACITY 82
8.1 INTRODUCTION 83
FIGURE 31 HEAT PUMP MARKET, BY RATED CAPACITY, 2020 83
TABLE 19 HEAT PUMP MARKET, BY RATED CAPACITY, 2019–2026 (USD MILLION) 83
8.2 UP TO 10 KW 83
8.2.1 SUITABILITY FOR SINGLE-FAMILY HOUSES TO DRIVE GROWTH OF HEAT PUMP MARKET FOR UP TO 10 KW RATED CAPACITY 83
TABLE 20 HEAT PUMP MARKET FOR UP TO 10 KW, BY REGION,
2019–2026 (USD MILLION) 84
8.3 10–20 KW 84
8.3.1 GROWING DEMAND FOR HEAT PUMPS WITH RATED CAPACITIES FROM
10–20 KW IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 84
TABLE 21 HEAT PUMP MARKET FOR 10–20 KW, BY REGION,
2019–2026 (USD MILLION) 85
8.4 20–30 KW 85
8.4.1 ABILITY OF HEAT PUMPS WITH 20–30 KW RATED CAPACITIES TO MEET HEATING DEMAND IN COMMERCIAL SECTOR TO DRIVE MARKET GROWTH 85
TABLE 22 HEAT PUMP MARKET FOR 20–30 KW, BY REGION,
2019–2026 (USD MILLION) 85
8.5 ABOVE 30 KW 86
8.5.1 GROWING ADOPTION OF HEAT PUMPS WITH ABOVE 30 KW RATED CAPACITIES IN INDUSTRIAL AND COMMERCIAL SECTORS TO DRIVE
MARKET GROWTH 86
TABLE 23 HEAT PUMP MARKET FOR ABOVE 30 KW, BY REGION,
2019–2026 (USD MILLION) 86
 
9 HEAT PUMP MARKET, BY END USER 87
9.1 INTRODUCTION 88
FIGURE 32 HEAT PUMP MARKET, BY END USER, 2020 88
TABLE 24 HEAT PUMP MARKET, BY END USER, 2019–2026 (USD MILLION) 88
9.2 RESIDENTIAL 89
9.2.1 INCREASING GOVERNMENT INITIATIVES TO ENHANCE ENERGY EFFICIENCY TO FUEL DEMAND FOR HEAT PUMPS 89
TABLE 25 HEAT PUMP MARKET FOR RESIDENTIAL, BY REGION,
2019–2026 (USD MILLION) 89
9.3 COMMERCIAL 90
9.3.1 HIGH TEMPERATURE HEATING REQUIREMENT IN COMMERCIAL SECTOR TO BOOST DEMAND FOR HEAT PUMPS 90
TABLE 26 HEAT PUMP MARKET FOR COMMERCIAL, BY REGION,
2019–2026 (USD MILLION) 90
9.4 INDUSTRIAL 91
9.4.1 INCREASING DEMAND FOR HEAT PUMPS IN INDUSTRIAL SECTOR DUE TO THEIR ENERGY EFFICIENCY FEATURE TO DRIVE MARKET GROWTH 91
TABLE 27 HEAT PUMP MARKET FOR INDUSTRIAL, BY REGION,
2019–2026 (USD MILLION) 91
10 HEAT PUMP MARKET, BY REGION 92
10.1 INTRODUCTION 93
FIGURE 33 REGIONAL SNAPSHOT: NORTH AMERICA MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 93
FIGURE 34 HEAT PUMP MARKET SHARE, BY REGION, 2020 93
TABLE 28 HEAT PUMP MARKET VOLUME, BY REGION, 2019–2026 (MILLION UNITS) 94
TABLE 29 HEAT PUMP MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 94
10.2 ASIA PACIFIC 94
FIGURE 35 ASIA PACIFIC: REGIONAL SNAPSHOT 95
10.2.1 BY TYPE 96
TABLE 30 HEAT PUMP MARKET IN ASIA PACIFIC, BY TYPE, 2019–2026 (USD MILLION) 96
10.2.2 BY REFRIGERANT TYPE 96
TABLE 31 HEAT PUMP MARKET IN ASIA PACIFIC, BY REFRIGERANT TYPE,
2019–2026 (USD MILLION) 96
10.2.3 BY RATED CAPACITY 97
TABLE 32 HEAT PUMP MARKET IN ASIA PACIFIC, BY RATED CAPACITY,
2019–2026 (USD MILLION) 97
TABLE 33 HEAT PUMP MARKET FOR UP TO 10 KW IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION) 97
TABLE 34 HEAT PUMP MARKET FOR 10 – 20 KW IN ASIA PACIFIC, BY COUNTRY,
2019–2026 (USD MILLION) 97
TABLE 35 HEAT PUMP MARKET FOR 20 – 30 KW IN ASIA PACIFIC, BY COUNTRY,
2019–2026 (USD MILLION) 98
TABLE 36 HEAT PUMP MARKET FOR ABOVE 30 KW IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION) 98
10.2.4 BY END USER 98
TABLE 37 HEAT PUMP MARKET IN ASIA PACIFIC, BY END USER,
2019–2026 (USD MILLION) 98
TABLE 38 HEAT PUMP MARKET FOR RESIDENTIAL IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION) 99
TABLE 39 HEAT PUMP MARKET FOR COMMERCIAL IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION) 99
TABLE 40 HEAT PUMP MARKET FOR INDUSTRIAL IN ASIA PACIFIC, BY COUNTRY,
2019–2026 (USD MILLION) 99
10.2.5 BY COUNTRY 100
TABLE 41 HEAT PUMP MARKET IN ASIA PACIFIC, BY COUNTRY,
2019–2026 (USD MILLION)) 100
10.2.5.1 China 100
10.2.5.1.1 Growing urban population and initiatives to minimize pollution to fuel demand for heat pumps in China 100
TABLE 42 HEAT PUMP MARKET IN CHINA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 101
TABLE 43 HEAT PUMP MARKET IN CHINA, BY END USER, 2019–2026 (USD MILLION) 101
10.2.5.2 India 101
10.2.5.2.1 Government initiatives for increasing use of renewables to drive market growth in India 101
TABLE 44 HEAT PUMP MARKET IN INDIA, BY RATED CAPACITY, 2019–2026 (USD MILLION) 102
TABLE 45 HEAT PUMP MARKET IN INDIA, BY END USER, 2019–2026 (USD MILLION) 102
10.2.5.3 Japan 102
10.2.5.3.1 Energy conservation initiatives by government and technological advancements to drive market growth
in Japan 102
TABLE 46 HEAT PUMP MARKET IN JAPAN, BY RATED CAPACITY,
2019–2026 (USD MILLION) 103
TABLE 47 HEAT PUMP MARKET IN JAPAN, BY END USER, 2019–2026 (USD MILLION) 103
10.2.5.4 South Korea 103
10.2.5.4.1 Growing demand for energy-efficient heating technology to drive market growth 103
TABLE 48 HEAT PUMP MARKET IN SOUTH KOREA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 104
TABLE 49 HEAT PUMP MARKET IN SOUTH KOREA, BY END USER,
2019–2026 (USD MILLION) 104
10.2.5.5 Australia 104
10.2.5.5.1 Favorable environmental conditions and expanding renewable sector are expected to drive market growth 104
TABLE 50 HEAT PUMP MARKET IN AUSTRALIA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 105
TABLE 51 HEAT PUMP MARKET IN AUSTRALIA, BY END USER,
2019–2026 (USD MILLION) 105
10.2.5.6 Rest of Asia Pacific 105
TABLE 52 HEAT PUMP MARKET IN REST OF ASIA PACIFIC, BY RATED CAPACITY,
2019–2026 (USD MILLION) 106
TABLE 53 HEAT PUMP MARKET IN REST OF ASIA PACIFIC, BY END USER,
2019–2026 (USD MILLION) 106
10.3 NORTH AMERICA 106
FIGURE 36 NORTH AMERICA: REGIONAL SNAPSHOT 107
10.3.1 BY TYPE 107
TABLE 54 HEAT PUMP MARKET IN NORTH AMERICA, BY TYPE,
2019–2026 (USD MILLION) 107
10.3.2 BY REFRIGERANT TYPE 108
TABLE 55 HEAT PUMP MARKET IN NORTH AMERICA, BY REFRIGERANT TYPE,
2019–2026 (USD MILLION) 108
10.3.3 BY RATED CAPACITY 108
TABLE 56 HEAT PUMP MARKET IN NORTH AMERICA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 108
TABLE 57 HEAT PUMP MARKET FOR UP TO 10 KW IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 108
TABLE 58 HEAT PUMP MARKET FOR 10 – 20 KW IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 109
TABLE 59 HEAT PUMP MARKET FOR 20 – 30 KW IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 109
TABLE 60 HEAT PUMP MARKET FOR ABOVE 30 KW IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 109
10.3.4 BY END USER 109
TABLE 61 HEAT PUMP MARKET IN NORTH AMERICA, BY END USER,
2019–2026 (USD MILLION) 109
TABLE 62 HEAT PUMP MARKET FOR RESIDENTIAL IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 110
TABLE 63 HEAT PUMP MARKET FOR COMMERCIAL IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 110
TABLE 64 HEAT PUMP MARKET FOR INDUSTRIAL IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 110
10.3.5 BY COUNTRY 110
TABLE 65 HEAT PUMP MARKET IN NORTH AMERICA, BY COUNTRY,
2019–2026 (USD MILLION) 110
10.3.5.1 US 111
10.3.5.1.1 Increasing demand for energy-efficient water heating systems in residential and commercial sectors to drive US market growth 111
TABLE 66 HEAT PUMP MARKET IN US, BY RATED CAPACITY, 2019–2026 (USD MILLION) 111
TABLE 67 HEAT PUMP MARKET IN US, BY END USER, 2019–2026 (USD MILLION) 111
10.3.5.2 Canada 112
10.3.5.2.1 Government regulations and policies to reduce pollution to fuel demand for heat pumps in Canada 112
TABLE 68 HEAT PUMP MARKET IN CANADA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 112
TABLE 69 HEAT PUMP MARKET IN CANADA, BY END USER, 2019–2026 (USD MILLION) 112
 
10.4 EUROPE 113
10.4.1 BY TYPE 113
TABLE 70 HEAT PUMP MARKET IN EUROPE, BY TYPE, 2019–2026 (USD MILLION) 113
10.4.2 BY REFRIGERANT TYPE 113
TABLE 71 HEAT PUMP MARKET IN EUROPE, BY REFRIGERANT TYPE,
2019–2026 (USD MILLION) 113
10.4.3 BY RATED CAPACITY 114
TABLE 72 HEAT PUMP MARKET IN EUROPE, BY RATED CAPACITY,
2019–2026 (USD MILLION) 114
TABLE 73 HEAT PUMP MARKET FOR UP TO 10 KW IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 114
TABLE 74 HEAT PUMP MARKET FOR 10 – 20 KW IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 114
TABLE 75 HEAT PUMP MARKET FOR 20 - 30 KW IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 115
TABLE 76 HEAT PUMP MARKET FOR ABOVE 30 KW IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 115
10.4.4 BY END USER 115
TABLE 77 HEAT PUMP MARKET IN EUROPE, BY END USER, 2019–2026 (USD MILLION) 115
TABLE 78 HEAT PUMP MARKET FOR RESIDENTIAL IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 116
TABLE 79 HEAT PUMP MARKET FOR COMMERCIAL IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 116
TABLE 80 HEAT PUMP MARKET FOR INDUSTRIAL IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 116
10.4.5 BY COUNTRY 117
TABLE 81 HEAT PUMP MARKET IN EUROPE, BY COUNTRY, 2019–2026 (USD MILLION)) 117
10.4.5.1 France 117
10.4.5.1.1 Rising demand for energy-efficient heating systems to boost growth of French heat pump market 117
TABLE 82 HEAT PUMP MARKET IN FRANCE, BY RATED CAPACITY,
2019–2026 (USD MILLION) 117
TABLE 83 HEAT PUMP MARKET IN FRANCE, BY END USER, 2019–2026 (USD MILLION) 118
10.4.5.2 Italy 118
10.4.5.2.1 Government-led schemes to increase installation of heat pumps to boost market growth in Italy 118
TABLE 84 HEAT PUMP MARKET IN ITALY, BY RATED CAPACITY,
2019–2026 (USD MILLION) 118
TABLE 85 HEAT PUMP MARKET IN ITALY, BY END USER, 2019–2026 (USD MILLION) 119
10.4.5.3 Spain 119
10.4.5.3.1 Energy conservation initiatives by government and technological advancements to drive growth of Spain market 119
TABLE 86 HEAT PUMP MARKET IN SPAIN, BY RATED CAPACITY,
2019–2026 (USD MILLION) 119
TABLE 87 HEAT PUMP MARKET IN SPAIN, BY END USER, 2019–2026 (USD MILLION) 120
 
10.4.5.4 UK 120
10.4.5.4.1 Growth of residential sector and rising demand for renewable heat generation are driving market growth 120
TABLE 88 HEAT PUMP MARKET IN UK, BY RATED CAPACITY, 2019–2026 (USD MILLION) 120
TABLE 89 HEAT PUMP MARKET IN UK, BY END USER, 2019–2026 (USD MILLION) 121
10.4.5.5 Rest of Europe 121
TABLE 90 HEAT PUMP MARKET IN REST OF EUROPE, BY RATED CAPACITY,
2019–2026 (USD MILLION) 121
TABLE 91 HEAT PUMP MARKET IN REST OF EUROPE, BY END USER,
2019–2026 (USD MILLION) 121
10.5 MIDDLE EAST & AFRICA 122
10.5.1 BY TYPE 122
TABLE 92 HEAT PUMP MARKET IN MIDDLE EAST & AFRICA, BY TYPE,
2019–2026 (USD MILLION) 122
10.5.2 BY REFRIGERANT TYPE 122
TABLE 93 HEAT PUMP MARKET IN MIDDLE EAST & AFRICA, BY REFRIGERANT TYPE, 2019–2026 (USD MILLION) 122
10.5.3 BY RATED CAPACITY 123
TABLE 94 HEAT PUMP MARKET IN MIDDLE EAST & AFRICA, BY RATED CAPACITY, 2019–2026 (USD MILLION) 123
TABLE 95 HEAT PUMP MARKET FOR UP TO 10 KW IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 123
TABLE 96 HEAT PUMP MARKET FOR 10 – 20 KW IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 123
TABLE 97 HEAT PUMP MARKET FOR 20 – 30 KW IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 124
TABLE 98 HEAT PUMP MARKET FOR ABOVE 30 KW IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 124
10.5.4 BY END USER 124
TABLE 99 HEAT PUMP MARKET IN MIDDLE EAST & AFRICA, BY END USER,
2019–2026 (USD MILLION) 124
TABLE 100 HEAT PUMP MARKET FOR RESIDENTIAL IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 125
TABLE 101 HEAT PUMP MARKET FOR COMMERCIAL IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 125
TABLE 102 HEAT PUMP MARKET FOR INDUSTRIAL IN MIDDLE EAST & AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 125
10.5.5 BY COUNTRY 126
TABLE 103 HEAT PUMP MARKET IN MIDDLE EAST & AFRICA, BY COUNTRY,
2019–2026 (USD MILLION) 126
10.5.5.1 Saudi Arabia 126
10.5.5.1.1 Rising investments in industrial sector to fuel growth of heat pumps market in Saudi Arabia 126
TABLE 104 HEAT PUMP MARKET IN SAUDI ARABIA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 126
TABLE 105 HEAT PUMP MARKET IN SAUDI ARABIA, BY END USER,
2019–2026 (USD MILLION) 127
10.5.5.2 South Africa 127
10.5.5.2.1 Increasing investments in different projects to drive demand for heat pumps in South Africa 127
TABLE 106 HEAT PUMP MARKET IN SOUTH AFRICA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 127
TABLE 107 HEAT PUMP MARKET IN SOUTH AFRICA, BY END USER,
2019–2026 (USD MILLION) 128
10.5.5.3 Rest of Middle East & Africa 128
TABLE 108 HEAT PUMP MARKET IN REST OF MIDDLE EAST & AFRICA, BY RATED CAPACITY, 2019–2026 (USD MILLION) 128
TABLE 109 HEAT PUMP MARKET IN REST OF MIDDLE EAST & AFRICA, BY END USER, 2019–2026 (USD MILLION) 129
10.6 LATIN AMERICA 129
10.6.1 BY TYPE 129
TABLE 110 HEAT PUMP MARKET IN LATIN AMERICA, BY TYPE,
2019–2026 (USD MILLION) 129
10.6.2 BY REFRIGERANT TYPE 130
TABLE 111 HEAT PUMP MARKET IN LATIN AMERICA, BY REFRIGERANT TYPE,
2019–2026 (USD MILLION) 130
10.6.3 BY RATED CAPACITY 130
TABLE 112 HEAT PUMP MARKET IN LATIN AMERICA, BY RATED CAPACITY,
2019–2026 (USD MILLION) 130
TABLE 113 HEAT PUMP MARKET FOR UP TO 10 KW IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 130
TABLE 114 HEAT PUMP MARKET FOR 10 - 20 KW IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 131
TABLE 115 HEAT PUMP MARKET FOR 20 - 30 KW IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 131
TABLE 116 HEAT PUMP MARKET FOR ABOVE 30 KW IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 131
10.6.4 BY END USER 132
TABLE 117 HEAT PUMP MARKET IN LATIN AMERICA, BY END USER,
2019–2026 (USD MILLION) 132
TABLE 118 HEAT PUMP MARKET FOR RESIDENTIAL IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 132
TABLE 119 HEAT PUMP MARKET FOR COMMERCIAL IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 132
TABLE 120 HEAT PUMP MARKET FOR INDUSTRIAL IN LATIN AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 133
10.6.5 BY COUNTRY 133
TABLE 121 HEAT PUMP MARKET IN LATIN AMERICA, BY COUNTRY,
2019–2026 (USD MILLION)) 133
10.6.5.1 Mexico 133
10.6.5.1.1 Energy-saving initiatives to drive demand for heat pumps
in Mexico 133
TABLE 122 HEAT PUMP MARKET IN MEXICO, BY RATED CAPACITY,
2019–2026 (USD MILLION) 134
TABLE 123 HEAT PUMP MARKET IN MEXICO, BY END USER, 2019–2026 (USD MILLION) 134
10.6.5.2 Brazil 134
10.6.5.2.1 Transition toward renewable power generation to fuel growth of Brazilian market 134
TABLE 124 HEAT PUMP MARKET IN BRAZIL, BY RATED CAPACITY,
2019–2026 (USD MILLION) 135
TABLE 125 HEAT PUMP MARKET IN BRAZIL, BY END USER, 2019–2026 (USD MILLION) 135
10.6.5.3 Rest of Latin America 135
TABLE 126 HEAT PUMP MARKET IN REST OF LATIN AMERICA, BY RATED CAPACITY, 2019–2026 (USD MILLION) 136
TABLE 127 HEAT PUMP MARKET IN REST OF LATIN AMERICA, BY END USER,
2019–2026 (USD MILLION) 136
11 COMPETITIVE LANDSCAPE 137
11.1 OVERVIEW 137
FIGURE 37 KEY DEVELOPMENTS IN HEAT PUMP MARKET, 2017–2021 137
11.2 SHARE ANALYSIS OF KEY PLAYERS, 2020 138
TABLE 128 HEAT PUMP MARKET: DEGREE OF COMPETITION 138
FIGURE 38 SHARE ANALYSIS OF TOP PLAYERS IN HEAT PUMP MARKET, 2020 139
11.3 MARKET EVALUATION FRAMEWORK 140
TABLE 129 MARKET EVALUATION FRAMEWORK, 2017–2021 140
11.4 SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS 141
FIGURE 39 TOP PLAYERS DOMINATED MARKET IN LAST 5 YEARS 141
11.5 RECENT DEVELOPMENTS 142
11.5.1 DEALS 142
11.5.1.1 Heat Pump Market: Deals, 2017–2021 142
11.5.2 OTHERS 143
11.5.2.1 Heat Pump Market: Others,2017–2021 143
11.6 COMPETITIVE LEADERSHIP MAPPING 143
11.6.1 STAR 143
11.6.2 EMERGING LEADER 143
11.6.3 PERVASIVE 143
11.6.4 PARTICIPANT 144
FIGURE 40 HEAT PUMP MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 144
TABLE 130 COMPANY REGION FOOTPRINT 145
12 COMPANY PROFILES 146
12.1 KEY COMPANIES 146
(Business overview, Products offered, Recent Developments, MNM view)*
12.1.1 MIDEA GROUP 146
TABLE 131 MIDEA GROUP: BUSINESS OVERVIEW 146
FIGURE 41 MIDEA GROUP: COMPANY SNAPSHOT 147
TABLE 132 MIDEA GROUP: DEALS 148
TABLE 133 MIDEA GROUP: PRODUCT LAUNCHES 148
12.1.2 PANASONIC CORPORATION 150
TABLE 134 PANASONIC CORPORATION: BUSINESS OVERVIEW 150
FIGURE 42 PANASONIC CORPORATION: COMPANY SNAPSHOT 151
TABLE 135 PANASONIC CORPORATION: DEALS 152
TABLE 136 PANASONIC CORPORATION: PRODUCT LAUNCHES 152
TABLE 137 PANASONIC CORPORATION: OTHERS 153
12.1.3 MITSUBISHI ELECTRIC CORPORATION 154
TABLE 138 MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW 154
FIGURE 43 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 155
TABLE 139 MITSUBISHI ELECTRIC CORPORATION: DEALS 156
TABLE 140 MITSUBISHI ELECTRIC CORPORATION.: PRODUCT LAUNCHES 156
12.1.4 DENSO CORPORATION 158
TABLE 141 DENSO CORPORATION: BUSINESS OVERVIEW 158
FIGURE 44 DENSO CORPORATION: COMPANY SNAPSHOT 159
TABLE 142 DENSO CORPORATION: DEALS 160
12.1.5 SAMSUNG 161
TABLE 143 SAMSUNG: BUSINESS OVERVIEW 161
FIGURE 45 SAMSUNG: COMPANY SNAPSHOT 162
TABLE 144 SAMSUNG: DEALS 163
TABLE 145 SAMSUNG: PRODUCT LAUNCHES 163
12.1.6 LG ELECTRONICS 164
TABLE 146 LG ELECTRONICS: BUSINESS OVERVIEW 164
FIGURE 46 LG ELECTRONICS: COMPANY SNAPSHOT 165
TABLE 147 LG ELECTRONICS: PRODUCT LAUNCHES 166
12.1.7 LENNOX INTERNATIONAL 167
TABLE 148 LENNOX INTERNATIONAL: BUSINESS OVERVIEW 167
FIGURE 47 LENNOX INTERNATIONAL: COMPANY SNAPSHOT 168
12.1.8 FUJITSU GENERAL 169
TABLE 149 FUJITSU GENERAL: BUSINESS OVERVIEW 169
FIGURE 48 FUJITSU GENERAL: COMPANY SNAPSHOT 169
TABLE 150 FUJITSU GENERAL: DEALS 170
12.1.9 DAIKIN INDUSTRIES, LTD. 171
TABLE 151 DAIKIN INDUSTRIES, LTD.: BUSINESS OVERVIEW 171
FIGURE 49 DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT 172
TABLE 152 DAIKIN INDUSTRIES, LTD.: PRODUCT LAUNCHES 173
12.1.10 CARRIER GLOBAL 174
TABLE 153 CARRIER GLOBAL: BUSINESS OVERVIEW 174
FIGURE 50 CARRIER GLOBAL: COMPANY SNAPSHOT 175
TABLE 154 CARRIER GLOBAL: DEALS 176
12.1.11 JOHNSON CONTROLS 177
TABLE 155 JOHNSON CONTROLS: BUSINESS OVERVIEW 177
FIGURE 51 JOHNSON CONTROLS: COMPANY SNAPSHOT 178
TABLE 156 JOHNSON CONTROLS: DEALS 178
12.1.12 TRANE TECHNOLOGIES 179
TABLE 157 TRANE TECHNOLOGIES: BUSINESS OVERVIEW 179
FIGURE 52 TRANE TECHNOLOGIES: COMPANY SNAPSHOT 179
12.1.13 THERMAX LIMITED 181
TABLE 158 THERMAX LIMITED: BUSINESS OVERVIEW 181
FIGURE 53 THERMAX LIMITED: COMPANY SNAPSHOT 182
12.1.14 GEA GROUP AKTIENGESELLSCHAFT 183
TABLE 159 GEA GROUP AKTIENGESELLSCHAFT: BUSINESS OVERVIEW 183
FIGURE 54 GEA GROUP AKTIENGESELLSCHAFT: COMPANY SNAPSHOT 184
12.1.15 DANFOSS A/S 185
TABLE 160 DANFOSS: BUSINESS OVERVIEW 185
12.2 OTHER PLAYERS 186
12.2.1 GLEN DIMPLEX GROUP 186
12.2.2 VIESSMANN 186
12.2.3 NIBE 187
12.2.4 GUANGZHOU SPRSUN NEW ENERGY TECHNOLOGY DEVELOPMENT 187
12.2.5 RHEEM 188
12.2.6 EMERSON ELECTRIC CO. 188
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX 189
13.1 INSIGHTS OF INDUSTRY EXPERTS 189
13.2 DISCUSSION GUIDE 190
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 194
13.4 AVAILABLE CUSTOMIZATIONS 196
13.5 RELATED REPORTS 196
13.6 AUTHOR DETAILS 197

Artificial Photosynthesis Market by Application (Hydrocarbon, Hydrogen, Chemicals), Technology (Co-Electrolysis, Photo-Electro Catalysis, Nanotechnolo...

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1 INTRODUCTION 15
1.1 STUDY OBJECTIVES 15
1.2 DEFINITION 15
1.2.1 ARTIFICIAL PHOTOSYNTHESIS MARKET: INCLUSIONS AND EXCLUSIONS 16
1.3 MARKET SCOPE 16
1.3.1 MARKET SEGMENTATION 16
1.3.2 REGIONS COVERED 16
1.3.3 YEARS CONSIDERED 17
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
FIGURE 1 ARTIFICIAL PHOTOSYNTHESIS MARKET: RESEARCH DESIGN 19
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 20
FIGURE 2 DATA TRIANGULATION METHODOLOGY 20
2.2.1 SECONDARY DATA 21
2.2.1.1 Key data from secondary sources 21
2.2.2 PRIMARY DATA 21
2.2.2.1 Key data from primary sources 22
2.2.2.2 Breakdown of primaries 22
2.3 MARKET SIZE ESTIMATION 23
2.3.1 SUPPLY-SIDE ANALYSIS 23
2.3.1.1 Assumptions of supply-side analysis 23
2.3.1.2 Calculation of supply-side analysis 23
2.3.2 DEMAND-SIDE ANALYSIS 23
2.3.2.1 Assumptions for demand-side analysis 23
2.3.2.2 Limitation for demand-side analysis 24
2.3.2.3 Calculation of demand-side analysis 24
2.3.3 FORECAST 24
3 EXECUTIVE SUMMARY 25
TABLE 1 ARTIFICIAL PHOTOSYNTHESIS MARKET SNAPSHOT 25
FIGURE 3 ASIA PACIFIC HELD LARGEST SHARE OF ARTIFICIAL PHOTOSYNTHESIS MARKET IN 2021 26
FIGURE 4 DURING 2018–2022, MOST-USED STRATEGY BY COMPANIES IN ARTIFICIAL PHOTOSYNTHESIS MARKET WAS COLLABORATIONS 26
 
4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN ARTIFICIAL PHOTOSYNTHESIS MARKET 27
FIGURE 5 GROWING DEMAND FOR GREEN H2 AND ECO-FRIENDLY LIQUID FUELS TO BOOST MARKET GROWTH BETWEEN 2022 AND 2030 27
4.2 ARTIFICIAL PHOTOSYNTHESIS MARKET, BY REGION 28
FIGURE 6 ARTIFICIAL PHOTOSYNTHESIS MARKET IN NORTH AMERICA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 28
5 MARKET OVERVIEW 29
5.1 INTRODUCTION 29
5.2 MARKET DYNAMICS 30
FIGURE 7 ARTIFICIAL PHOTOSYNTHESIS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 30
FIGURE 8 ENERGY-RELATED CO2 EMISSIONS, 1990–2019 (GT CO2) 31
5.3 PATENT ANALYSIS 33
TABLE 2 ARTIFICIAL PHOTOSYNTHESIS: INNOVATIONS AND PATENT REGISTRATIONS, JUNE 2017–FEBRUARY 2022 33
5.4 CASE STUDY ANALYSIS 34
5.4.1 US AIR FORCE PLANS FOR TRANSITION TO SUSTAINABLE AVIATION FUEL 34
5.4.1.1 Problem statement 34
5.4.1.2 Solution 34
5.4.2 PROCTOR AND GAMBLE’S OATH FOR CARBON NEUTRALITY BY 2040 34
5.4.2.1 Problem statement 34
5.4.2.2 Solution 34
5.5 KEY CONFERENCES AND EVENTS IN 2022 & 2023 34
TABLE 3 ARTIFICIAL PHOTOSYNTHESIS: DETAILED LIST OF CONFERENCES & EVENTS 34
5.6 GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 36
TABLE 4 GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 36
5.7 TECHNOLOGICAL ANALYSIS 37
5.8 TRENDS/DISRUPTIONS IMPACTING VARIOUS PROBABLE END USERS 38
FIGURE 9 REVENUE SHIFT FOR ARTIFICIAL PHOTOSYNTHESIS PROVIDERS 38
5.9 ECOSYSTEM 38
TABLE 5 ARTIFICIAL PHOTOSYNTHESIS MARKET: ECOSYSTEM 38
5.10 INDICATIVE PRICING ANALYSIS 39
TABLE 6 AVERAGE PRICE OF TITANIUM DIOXIDE, BY REGION, QUARTER ENDING DECEMBER 2021 39
6 ARTIFICIAL PHOTOSYNTHESIS MARKET, BY APPLICATION 40
6.1 INTRODUCTION 41
6.2 HYDROCARBONS 41
6.3 HYDROGEN 42
6.4 CHEMICALS 42
7 ARTIFICIAL PHOTOSYNTHESIS MARKET, BY TECHNOLOGY 43
7.1 INTRODUCTION 44
7.2 PHOTO-ELECTRO CATALYSIS 44
7.3 CO-ELECTROLYSIS 44
7.4 OTHERS 44
7.4.1 NANOTECHNOLOGY 44
7.4.2 HYBRID PROCESS 45
8 GEOGRAPHICAL ANALYSIS 46
8.1 INTRODUCTION 47
FIGURE 11 REGIONAL SNAPSHOT: ARTIFICIAL PHOTOSYNTHESIS MARKET IN NORTH AMERICA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 47
FIGURE 12 ARTIFICIAL PHOTOSYNTHESIS MARKET SHARE (VALUE), BY REGION, 2021 47
TABLE 7 ARTIFICIAL PHOTOSYNTHESIS MARKET, BY REGION,
2020–2030 (USD THOUSAND) 48
8.2 NORTH AMERICA 48
FIGURE 13 NORTH AMERICA: REGIONAL SNAPSHOT 48
TABLE 8 ARTIFICIAL PHOTOSYNTHESIS PROJECTS IN NORTH AMERICA 49
8.2.1 BY COUNTRY 49
TABLE 9 ARTIFICIAL PHOTOSYNTHESIS MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2030 (USD THOUSAND) 49
8.2.1.1 US 50
8.2.1.1.1 Growing demand for clean energy generation and emphasis on R&D of artificial photosynthesis technology 50
8.2.1.1.2 Macro factors 50
TABLE 10 US: HYDROGEN PRODUCTION CAPACITY AT REFINERIES, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY) 50
TABLE 11 US: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2) 50
8.2.1.2 Canada 50
8.2.1.2.1 Increasing demand for green hydrogen is driving research activities for artificial photosynthesis 50
8.2.1.2.2 Macro factors 51
TABLE 12 CANADA: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
2013–2017 (MILLION STANDARD CUBIC FEET PER DAY) 51
TABLE 13 CANADA: GREENHOUSE GAS EMISSIONS, 2013–2017
(MILLION TONS OF CO2) 51
8.3 ASIA PACIFIC 51
FIGURE 14 ASIA PACIFIC: REGIONAL SNAPSHOT 52
TABLE 14 ARTIFICIAL PHOTOSYNTHESIS PROJECTS IN ASIA PACIFIC 52
8.3.1 BY COUNTRY 53
TABLE 15 ARTIFICIAL PHOTOSYNTHESIS MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2030 (USD THOUSAND) 53
8.3.1.1 China 53
8.3.1.1.1 Growing research and development activities for sustainable hydrogen generation 53
8.3.1.1.2 Macro factors 53
TABLE 16 CHINA: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 53
TABLE 17 CHINA: GREENHOUSE GAS EMISSIONS, 2013–2017
(THOUSAND TONS OF CO2) 53
8.3.1.2 Japan 54
8.3.1.2.1 Increasing funding by national R&D agency for establishing large-scale hydrogen supply chain 54
8.3.1.2.2 Macro factors 54
TABLE 18 JAPAN: HYDROGEN PRODUCTION CAPACITY AT REFINERIES, 2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 54
TABLE 19 JAPAN: GREENHOUSE GAS EMISSIONS, 2013–2017
(THOUSAND TONS OF CO2) 54
8.3.1.3 South Korea 54
8.3.1.3.1 Surging investments by government supporting hydrogen generation technologies 54
8.3.1.3.2 Macro factors 55
TABLE 20 SOUTH KOREA: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 55
8.3.1.4 India 55
8.3.1.4.1 Rising focus of Government of India to increase share of renewables 55
8.3.1.4.2 Macro factors 55
TABLE 21 INDIA: HYDROGEN PRODUCTION CAPACITY AT REFINERIES, 2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 55
TABLE 22 INDIA: GREENHOUSE GAS EMISSIONS, 2013–2017
(THOUSAND TONS OF CO2) 55
8.4 EUROPE 56
TABLE 23 ARTIFICIAL PHOTOSYNTHESIS PROJECTS IN EUROPE 56
8.4.1 BY COUNTRY 57
TABLE 24 ARTIFICIAL PHOTOSYNTHESIS MARKET IN EUROPE, BY COUNTRY,
2020–2030 (USD THOUSAND) 57
8.4.1.1 Germany 57
8.4.1.1.1 Growing investments in R&D activities for artificial photosynthesis 57
8.4.1.1.2 Macro factors 58
TABLE 25 GERMANY: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 58
TABLE 26 GERMANY: GREENHOUSE GAS EMISSIONS, 2013–2017
(THOUSAND TONS OF CO2) 58
8.4.1.2 France 58
8.4.1.2.1 Surging use of renewable energy sources for sustainable development 58
8.4.1.2.2 Macro factors 58
TABLE 27 FRANCE: HYDROGEN PRODUCTION CAPACITIES AT REFINERIES,
2013–2017 (MILLION STANDARD CUBIC FEET PER DAY) 58
TABLE 28 FRANCE: GREENHOUSE GAS EMISSIONS, 2013–2017
(MILLION TONS OF CO2) 58
8.4.1.3 Italy 59
8.4.1.3.1 Surging adoption of green technologies to curb carbon emission 59
8.4.1.3.2 Macro factors 59
TABLE 29 ITALY: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 59
8.4.1.4 Spain 59
8.4.1.4.1 Rising expenditure on R&D activities on artificial photosynthesis 59
8.4.1.4.2 Macro factors 60
TABLE 30 SPAIN: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 60
8.4.1.5 Rest of Europe 60
8.4.1.5.1 Macro factors 60
TABLE 31 REST OF EUROPE: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
BY COUNTRY, 2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 60
8.5 REST OF THE WORLD 61
8.5.1 MACRO FACTORS 61
TABLE 32 REST OF WORLD: HYDROGEN PRODUCTION CAPACITY AT REFINERIES,
BY COUNTRY, 2013–2017 (THOUSAND STANDARD CUBIC FEET PER DAY) 61
9 COMPETITIVE LANDSCAPE 62
9.1 OVERVIEW 62
9.2 COMPETITIVE SCENARIO & TRENDS 62
TABLE 33 ARTIFICIAL PHOTOSYNTHESIS MARKET: DEALS, JANUARY 2016–
FEBRUARY 2022 62
TABLE 34 ARTIFICIAL PHOTOSYNTHESIS MARKET: OTHERS JANUARY 2016–
FEBRUARY 2022 63
9.3 RECENT MARKET DEVELOPMENTS 63
TABLE 35 KEY DEVELOPMENTS IN ARTIFICIAL PHOTOSYNTHESIS MARKET,
JANUARY 2012–FEBRUARY 2022 63
9.4 INDUSTRY CONCENTRATION 65
9.5 COMPANY EVALUATION QUADRANT 65
9.5.1 STAR 65
9.5.2 PERVASIVE 65
9.5.3 EMERGING LEADER 65
9.5.4 PARTICIPANT 66
FIGURE 16 COMPETITIVE LEADERSHIP MAPPING: ARTIFICIAL PHOTOSYNTHESIS MARKET, 2020 66
TABLE 36 ARTIFICIAL PHOTOSYNTHESIS: COMPANY FOOTPRINT 67
TABLE 37 COMPETITIVE BENCHMARKING: DETAILED LIST OF KEY PLAYERS 67
9.6 COMPANY PRODUCT COVERAGE 68
TABLE 38 ARTIFICIAL PHOTOSYNTHESIS: COMPANY PRODUCT COVERAGE 68
10 COMPANY PROFILES 69
(Business overview, Products offered, Recent Developments, MNM view)*
10.1 ORIGINAL EQUIPMENT MANUFACTURERS 69
10.1.1 ENGIE 69
TABLE 39 ENGIE: BUSINESS OVERVIEW 69
FIGURE 17 ENGIE: COMPANY SNAPSHOT 2020 70
TABLE 40 ENGIE: DEALS 70
10.1.2 PANASONIC CORPORATION 72
TABLE 41 PANASONIC CORPORATION: BUSINESS OVERVIEW 72
FIGURE 18 PANASONIC CORPORATION: COMPANY SNAPSHOT 2020 73
TABLE 42 PANASONIC CORPORATION: OTHERS 73
10.1.3 FUJITSU 75
TABLE 43 FUJITSU: BUSINESS OVERVIEW 75
FIGURE 19 FUJITSU: COMPANY SNAPSHOT 2020 76
TABLE 44 FUJITSU: DEALS 76
10.1.4 MITSUBISHI CHEMICAL CORPORATION 78
TABLE 45 MITSUBISHI CHEMICAL CORPORATION: BUSINESS OVERVIEW 78
TABLE 46 MITSUBISHI CHEMICAL CORPORATION: DEALS 78
10.1.5 TOSHIBA CORPORATION 79
TABLE 47 TOSHIBA CORPORATION: BUSINESS OVERVIEW 79
FIGURE 20 TOSHIBA CORPORATION: COMPANY SNAPSHOT 2020 80
TABLE 48 TOSHIBA CORPORATION: OTHERS 80
10.1.6 TOYOTA CENTRAL R&D LABS., INC. 81
TABLE 49 TOYOTA CENTRAL R&D LABS., INC.: BUSINESS OVERVIEW 81
TABLE 50 TOYOTA CENTRAL R&D LABS., INC.: OTHERS 81
10.1.7 SIEMENS ENERGY 82
TABLE 51 SIEMENS ENERGY: BUSINESS OVERVIEW 82
FIGURE 21 SIEMENS ENERGY: COMPANY SNAPSHOT 2020 83
TABLE 52 SIEMENS ENERGY: DEALS 83
10.1.8 FUJIFILM CORPORATION 85
TABLE 53 FUJIFILM CORPORATION: BUSINESS OVERVIEW 85
TABLE 54 FUJIFILM CORPORATION: DEALS 85
10.1.9 TWELVE (FORMERLY KNOWN AS, OPUS 12) 86
TABLE 55 TWELVE (FORMERLY KNOWN AS, OPUS 12): BUSINESS OVERVIEW 86
TABLE 56 TWELVE (FORMERLY KNOWN AS, OPUS 12): DEALS 86
10.1.10 EVONIK INDUSTRIES AG 88
TABLE 57 EVONIK INDUSTRIES AG: BUSINESS OVERVIEW 88
FIGURE 22 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT 2020 89
TABLE 58 EVONIK INDUSTRIES AG: OTHERS 89
 
10.2 R&D INSTITUTES 91
10.2.1 BERKELEY LAB 91
TABLE 59 BERKELEY LAB: OVERVIEW 91
TABLE 60 BERKELEY LAB: DEALS 91
10.2.2 DEUTSCHE AKADEMIE DER NATURFORSCHER LEOPOLDINA 93
TABLE 61 DEUTSCHE AKADEMIE DER NATURFORSCHER LEOPOLDINA: OVERVIEW 93
TABLE 62 DEUTSCHE AKADEMIE DER NATURFORSCHER LEOPOLDINA: OTHERS 93
10.2.3 INDIAN INSTITUTE OF SCIENCE(IISC) 94
TABLE 63 INDIAN INSTITUTE OF SCIENCE (IISC): OVERVIEW 94
10.2.4 CENTER FOR HYBRID APPROACHES IN SOLAR ENERGY TO LIQUID
FUELS (CHASE) 95
TABLE 64 CENTER FOR HYBRID APPROACHES IN SOLAR ENERGY TO LIQUID FUELS (CHASE): OVERVIEW 95
TABLE 65 CENTER FOR HYBRID APPROACHES IN SOLAR ENERGY TO LIQUID FUELS (CHASE): DEALS 95
10.2.5 ICIQ 96
TABLE 66 ICIQ: OVERVIEW 96
10.2.6 NEW ENERGY AND INDUSTRIAL TECHNOLOGY DEVELOPMENT ORGANIZATION 97
TABLE 67 NEW ENERGY AND INDUSTRIAL TECHNOLOGY DEVELOPMENT ORGANIZATION: OVERVIEW 97
TABLE 68 NEW ENERGY AND INDUSTRIAL TECHNOLOGY DEVELOPMENT ORGANIZATION: DEALS 97
10.2.7 UNIVERSITY OF TORONTO 98
10.2.8 THE UNIVERSITY OF PAU AND PAYS DE L’ADOUR 99
10.2.9 UNIVERSITY OF BOLOGNA 100
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
11 APPENDIX 101
11.1 INSIGHTS OF INDUSTRY EXPERTS 101
11.2 DISCUSSION GUIDE 102
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 105
11.4 AVAILABLE CUSTOMIZATIONS 107
11.5 RELATED REPORTS 107
11.6 AUTHOR DETAILS 108

Solid Oxide Fuel Cell Market by Type (Planar & Tubular), Application (Portable, Stationary, & Transport), End User (Commercial & Industrial, Data Cent...

Publisher:        MarketsandMarkets

# of Pages:        231

Rating: 

1 User License $4,950

Publication Date:  March, 2022

Price:       $4,950 / User License




1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 DEFINITION 28
1.3 INCLUSIONS AND EXCLUSIONS 29
1.3.1 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION 29
1.3.2 SOLID OXIDE FUEL CELL MARKET, BY END USER 29
1.4 MARKET SCOPE 30
1.4.1 SOLID OXIDE FUEL CELL MARKET SEGMENTATION 30
1.4.2 REGIONAL SCOPE 30
1.5 YEARS CONSIDERED 31
1.6 CURRENCY 31
1.7 LIMITATIONS 31
1.8 STAKEHOLDERS 32
1.9 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
FIGURE 1 SOLID OXIDE FUEL CELL MARKET: RESEARCH DESIGN 35
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 2 DATA TRIANGULATION METHODOLOGY 36
2.2.1 SECONDARY DATA 37
2.2.2 PRIMARY DATA 37
2.2.2.1 Key insights from primary sources 38
2.2.2.2 Breakdown of primaries 39
2.3 MARKET SIZE ESTIMATION 39
2.3.1 BOTTOM-UP APPROACH 39
FIGURE 3 SOLID OXIDE FUEL CELL MARKET: INDUSTRY-/REGION- WISE ANALYSIS 40
2.3.2 TOP-DOWN APPROACH 40
FIGURE 4 SOLID OXIDE FUEL CELL MARKET: TOP-DOWN APPROACH 41
2.3.3 DEMAND SIDE METRICS 42
FIGURE 5 MAIN METRICS CONSIDERED FOR ANALYZING DEMAND FOR SOLID OXIDE FUEL CELLS 42
2.3.3.1 Regional analysis 42
2.3.3.2 Country analysis 42
2.3.3.3 Demand-side key assumptions 43
2.3.3.4 Demand-side calculation 43
2.3.4 SUPPLY-SIDE ANALYSIS 44
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SOLID OXIDE FUEL CELLS 44
FIGURE 7 SOLID OXIDE FUEL CELL MARKET: SUPPLY-SIDE ANALYSIS 45
2.3.4.1 Calculations for supply side 45
2.3.4.2 Assumptions for supply side 45
FIGURE 8 SOLID OXIDE FUEL CELL MARKET: MARKET SHARE ANALYSIS 46
2.4 FORECAST 46
3 EXECUTIVE SUMMARY 47
TABLE 1 SOLID OXIDE FUEL CELL MARKET SNAPSHOT 47
FIGURE 9 NORTH AMERICA HELD LARGEST SHARE OF SOLID OXIDE FUEL CELL MARKET IN 2021 48
FIGURE 10 PLANAR SEGMENT EXPECTED TO DOMINATE SOLID OXIDE FUEL CELL MARKET, BY TYPE, 2022–2027 49
FIGURE 11 STATIONARY SEGMENT EXPECTED TO LEAD SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, 2022–2027 49
FIGURE 12 COMMERCIAL & INDUSTRIAL SEGMENT EXPECTED TO LEAD SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2027 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN SOLID OXIDE FUEL CELL MARKET 51
FIGURE 13 INCREASING DEMAND FOR CLEAN POWER GENERATION TO BOOST MARKET GROWTH FROM 2022 TO 2027 51
4.2 SOLID OXIDE FUEL CELL MARKET, BY REGION 52
FIGURE 14 SOLID OXIDE FUEL CELL MARKET TO EXHIBIT HIGHEST CAGR IN ASIA PACIFC DURING FORECAST PERIOD 52
4.3 NORTH AMERICA SOLID OXIDE FUEL CELL MARKET, BY END USER AND COUNTRY 52
FIGURE 15 COMMERCIAL & INDUSTRIAL END USER AND US HELD LARGEST SHARES OF SOLID OXIDE FUEL CELL MARKET IN NORTH AMERICA IN 2021 52
4.4 SOLID OXIDE FUEL CELL MARKET, BY TYPE 53
FIGURE 16 PLANAR SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE, BY TYPE, IN 2027 53
4.5 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION 53
FIGURE 17 STATIONARY SEGMENT TO ACCOUNT FOR LARGEST SHARE OF SOLID OXIDE FUEL CELL MARKET, BY APPLICATION, IN 2027 53
4.6 SOLID OXIDE FUEL CELL MARKET, BY END USER 54
FIGURE 18 COMMERCIAL & INDUSTRIAL SEGMENT TO DOMINATE SOLID OXIDE FUEL CELL MARKET, BY END USER, IN 2027 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 COVID-19 HEALTH ASSESSMENT 55
FIGURE 19 GLOBAL PROPAGATION OF COVID-19 56
FIGURE 20 PROPAGATION OF COVID-19 CASES IN SELECTED COUNTRIES 56
5.3 COVID-19 ECONOMIC ASSESSMENT 57
FIGURE 21 COMPARISON OF GDP FOR SELECTED G20 COUNTRIES IN 2020 57
5.4 MARKET DYNAMICS 58
FIGURE 22 SOLID OXIDE FUEL CELL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
5.4.1 DRIVERS 58
5.4.1.1 Government subsidies and increased R&D on fuel cell programs 58
5.4.1.2 Fuel flexibility and increasing demand for energy-efficient power generation 59
5.4.1.3 Stringent emission norms in Europe and North America leading to demand for clean energy sources 59
FIGURE 23 ENERGY-RELATED CO2 EMISSIONS, 1990–2019 (GT CO2) 60
5.4.2 RESTRAINTS 60
5.4.2.1 High fuel cell installation and manufacturing costs 60
5.4.2.2 Development of other types of fuel cells 60
5.4.2.3 Storage issues associated with hydrogen as fuel for SOFCs 60
5.4.3 OPPORTUNITIES 61
5.4.3.1 Rising distributed power generation applications across regions 61
TABLE 2 COMPARISON OF FUEL CELLS AND OTHER DISTRIBUTED POWER GENERATION SOURCES 61
5.4.3.2 Increasing adoption by end users in data centers and military sector 61
5.4.4 CHALLENGES 62
5.4.4.1 High operating temperatures and start-up time of SOFCs 62
5.4.4.2 Rise in investments in alternative clean technologies 62
FIGURE 24 RISE IN GLOBAL INVESTMENTS IN RENEWABLE ENERGY 62
5.4.4.3 High ceramic interconnect cost and degradation at high temperatures 63
5.5 IMPACT OF COVID-19 63
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 64
FIGURE 25 REVENUE SHIFT FOR SOLID OXIDE FUEL CELL PROVIDERS 64
5.7 MARKET MAP 65
FIGURE 26 MARKET MAP: SOLID OXIDE FUEL CELL MARKET 65
TABLE 3 SOLID OXIDE FUEL CELL MARKET: ROLE IN ECOSYSTEM 65
5.8 VALUE CHAIN ANALYSIS 66
FIGURE 27 VALUE CHAIN ANALYSIS: SOLID OXIDE FUEL CELL MARKET 67
5.8.1 COMPONENT MANUFACTURERS 67
5.8.2 ASSEMBLERS/MANUFACTURERS 67
5.8.3 DISTRIBUTORS (BUYERS)/END USERS 67
5.9 PRICING ANALYSIS 68
TABLE 4 SOLID OXIDE FUEL CELL MARKET: AVERAGE SELLING PRICES AND COST BREAK-UP OF SOFC STACK MANUFACTURING 68
TABLE 5 SOLID OXIDE FUEL CELL MARKET: SOLID OXIDE FUEL CELL APU BALANCE OF PLANT COST BREAKUP 69
FIGURE 28 SOFC STACK MANUFACTURING COST PER KW AS MEASURE OF NUMBER OF STACKS & SYSTEM SIZE 69
5.10 TARIFFS AND REGULATORY LANDSCAPE 70
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 6 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 7 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 8 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
5.10.2 REGULATIONS RELATED TO SOLID OXIDE FUEL CELLS 71
5.10.2.1 Regulatory framework in North America 71
5.10.2.2 Regulatory framework in Europe 72
5.10.2.3 Regulatory framework in Asia Pacific 72
5.11 PATENT ANALYSIS 73
TABLE 9 SOLID OXIDE FUEL CELL: INNOVATIONS AND PATENT REGISTRATIONS, JUNE 2017–FEBRUARY 2022 73
5.12 CASE STUDY ANALYSIS 74
5.12.1 IKEA USES FUEL CELLS FOR ON-SITE POWER GENERATION 74
5.12.1.1 Problem statement 74
5.12.1.2 Solution 74
5.12.2 SAMSUNG HEAVY INDUSTRIES PLANS FOR CLEAN POWER SHIPS UNDER JOINT DEVELOPMENT AGREEMENT WITH BLOOM ENERGY 75
5.12.2.1 Problem statement 75
5.12.2.2 Solution 75
5.13 TECHNOLOGICAL ANALYSIS 75
5.13.1 DEVELOPMENT OF HYBRID SOFC TECHNOLOGIES 76
5.14 KEY CONFERENCES AND EVENTS IN 2022 & 2023 77
TABLE 10 SOLID OXIDE FUEL CELL MARKET: DETAILED LIST OF CONFERENCES & EVENTS 77
5.15 MATERIAL ANALYSIS 78
FIGURE 29 CLASSIFICATION OF SOLID OXIDE FUEL CELL MARKET BY OPERATING TEMPERATURE 78
TABLE 11 SOLID OXIDE FUEL CELL MARKET: CURRENT SCENARIO OF MATERIAL SELECTION 79
TABLE 12 SOLID OXIDE FUEL CELL MARKET: TYPES OF SOFC SUPPORT STRUCTURES 80
FIGURE 30 SOLID OXIDE FUEL CELL MARKET: EFFECT OF CATHODE LAYER THICKNESS ON PERFORMANCE 81
TABLE 13 SOLID OXIDE FUEL CELL MARKET: INTECONNECT COATINGS 81
TABLE 14 SOLID OXIDE FUEL CELL MARKET: UPCOMING MATERIAL TRENDS 83
5.16 PORTER’S FIVE FORCES ANALYSIS 83
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS FOR SOLID OXIDE FUEL CELL MARKET 84
TABLE 15 SOLID OXIDE FUEL CELL MARKET: PORTER’S FIVE FORCES ANALYSIS 84
6 SOLID OXIDE FUEL CELL MARKET, BY TYPE 87
6.1 INTRODUCTION 88
FIGURE 32 SOLID OXIDE FUEL CELL MARKET SHARE, BY TYPE, 2021 88
TABLE 16 SOLID OXIDE FUEL CELL MARKET BY TYPE, 2020–2027 (USD MILLION) 88
6.2 PLANAR 89
6.2.1 USE OF SIMPLE GEOMETRY AND RELATIVELY EASIER CONSTRUCTION PROCESS ARE PROPELLING GROWTH OF PLANAR SOFC SEGMENT 89
TABLE 17 PLANAR SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 89
6.3 TUBULAR 89
6.3.1 RAPID START-UP CAPABILITIES AND HIGH POWER DENSITIES OF TUBULAR SOFCS ARE LIKELY TO DRIVE MARKET GROWTH 89
TABLE 18 TUBULAR SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 90
7 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION 91
7.1 INTRODUCTION 92
FIGURE 33 SOLID OXIDE FUEL CELL MARKET SHARE, BY APPLICATION, 2021 92
TABLE 19 SOLID OXIDE FUEL CELL MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 92
7.2 PORTABLE 93
7.2.1 PORTABLE SOLID OXIDE FUEL CELLS ARE MAINLY USED BY MILITARY ORGANIZATIONS 93
TABLE 20 PORTABLE: SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 93
7.3 STATIONARY 94
7.3.1 STATIONARY SOLID OXIDE FUEL CELLS ARE WELL SUITED FOR STATIONARY POWER GENERATION 94
TABLE 21 STATIONARY: SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 94
7.4 TRANSPORT 95
7.4.1 INCREASE IN DEVELOPMENT OF SOFCS FOR OPERATING HEAVY-DUTY VEHICLES TO DRIVE MARKET GROWTH 95
TABLE 22 TRANSPORT: SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 96
8 SOLID OXIDE FUEL CELL MARKET, BY END USER 97
8.1 INTRODUCTION 98
FIGURE 34 SOLID OXIDE FUEL CELL MARKET SHARE, BY END USER, 2021 98
TABLE 23 SOLID OXIDE FUEL CELL MARKET, BY END USER, 2020–2027 (USD MILLION) 98
8.2 RESIDENTIAL 99
8.2.1 RISING NEED FOR ENERGY REDUCTION AND ENERGY EFFICIENCY IN RESIDENTIAL AREAS IS LIKELY TO DRIVE GROWTH OF RESIDENTIAL SEGMENT 99
TABLE 24 RESIDENTIAL: SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 99
8.3 COMMERCIAL & INDUSTRIAL 100
8.3.1 NEED TO DECREASE CARBON EMISSION & INCREASING INVESTMENTS IN SHIPPING INDUSTRY LIKELY TO BOOST GROWTH OF COMMERCIAL & INDUSTRIAL SEGMENT 100
TABLE 25 COMMERCIAL & INDUSTRIAL: SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2027 (USD MILLION) 101
8.4 DATA CENTERS 101
8.4.1 GROWING NEED FOR BACK-UP POWER IN DATA CENTERS DURING OUTAGES TO SPUR GROWTH OF DATA CENTER SEGMENT 101
TABLE 26 DATA CENTERS: SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (USD MILLION) 102
8.5 MILITARY & DEFENSE 102
8.5.1 HIGHER EFFICIENCIES OF SOFC SPUR DEMAND FOR SOLID OXIDE FUEL CELLS FOR MILITARY MISSIONS 102
TABLE 27 MILITARY & DEFENSE: SOLID OXIDE FUEL CELL MARKET, BY REGION,
2020–2027 (MILLION) 103
9 GEOGRAPHIC ANALYSIS 104
9.1 INTRODUCTION 105
FIGURE 35 REGIONAL SNAPSHOT: ASIA PACIFIC IS EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 105
FIGURE 36 SOLID OXIDE FUEL CELL MARKET, BY COUNTRY, 2021 105
TABLE 28 SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2027 (USD MILLION) 106
TABLE 29 SOLID OXIDE FUEL CELL MARKET, BY REGION, 2020–2027 (MW) 106
9.2 NORTH AMERICA 107
FIGURE 37 SNAPSHOT: SOLID OXIDE FUEL CELL MARKET IN NORTH AMERICA,
2021–2027 107
9.2.1 BY COUNTRY 108
TABLE 30 SOLID OXIDE FUEL CELL IN NORTH AMERICA, BY COUNTRY,
2020–2027 (USD MILLION) 108
TABLE 31 SOLID OXIDE FUEL CELL IN NORTH AMERICA, BY COUNTRY,
2020–2027 (MW) 108
9.2.2 BY TYPE 108
TABLE 32 SOLID OXIDE FUEL CELL MARKET IN NORTH AMERICA, BY TYPE,
2020–2027 (USD MILLION) 108
TABLE 33 SOLID OXIDE FUEL CELL FOR PLANAR IN NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 108
TABLE 34 SOLID OXIDE FUEL CELL FOR TUBULAR IN NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 109
9.2.3 BY APPLICATION 109
TABLE 35 SOLID OXIDE FUEL CELL MARKET IN NORTH AMERICA, BY APPLICATION, 2020–2027 (USD MILLION) 109
TABLE 36 SOLID OXIDE FUEL CELL FOR PORTABLE IN NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 109
TABLE 37 SOLID OXIDE FUEL CELL FOR STATIONARY IN NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 110
TABLE 38 SOLID OXIDE FUEL CELL FOR TRANSPORT NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 110
9.2.4 BY END USER 110
TABLE 39 SOLID OXIDE FUEL CELL MARKET IN NORTH AMERICA, BY END USER,
2020–2027 (USD MILLION) 110
TABLE 40 SOLID OXIDE FUEL CELL FOR RESIDENTIAL IN NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 111
TABLE 41 SOLID OXIDE FUEL CELL FOR COMMERCIAL & INDUSTRIAL IN NORTH AMERICA, BY COUNTRY, 2020–2027 (USD MILLION) 111
TABLE 42 SOLID OXIDE FUEL CELL FOR DATA CENTERS IN NORTH AMERICA,
BY COUNTRY, 2020–2027 (USD MILLION) 111
TABLE 43 SOLID OXIDE FUEL CELL FOR MILITARY & DEFENSE IN NORTH AMERICA,
BY COUNTRY, 2020–2027 (USD MILLION) 112
9.2.4.1 US 112
9.2.4.1.1 Growing demand for clean energy generation and emphasis on R&D of SOFC technology are driving market growth in US 112
TABLE 44 SOLID OXIDE FUEL CELL MARKET IN US, BY TYPE, 2020–2027 (USD MILLION) 113
TABLE 45 SOLID OXIDE FUEL CELL MARKET IN US, BY APPLICATION,
2020–2027 (USD MILLION) 113
TABLE 46 SOLID OXIDE FUEL CELL MARKET IN US, BY END USER,
2020–2027 (USD MILLION) 113
9.2.4.2 Canada 114
9.2.4.2.1 Government policies advocating use of SOFC technology to provide lucrative opportunities for solid oxide fuel cell market growth in Canada 114
TABLE 47 SOLID OXIDE FUEL CELL MARKET IN CANADA, BY TYPE,
2020–2027 (USD MILLION) 114
TABLE 48 SOLID OXIDE FUEL CELL MARKET IN CANADA, BY APPLICATION,
2020–2027 (USD MILLION) 115
TABLE 49 SOLID OXIDE FUEL CELL MARKET IN CANADA, BY END USER,
2020–2027 (USD MILLION) 115
9.3 ASIA PACIFIC 116
FIGURE 38 SNAPSHOT: SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC, 2021–2027 117
9.3.1 BY COUNTRY 117
TABLE 50 SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC, BY COUNTRY,
2020–2027 (USD MILLION) 117
TABLE 51 SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC, BY COUNTRY,
2020–2027 (MW) 118
9.3.2 BY TYPE 118
TABLE 52 SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC, BY TYPE,
2020–2027 (USD MILLION) 118
TABLE 53 SOLID OXIDE FUEL CELL MARKET FOR PLANAR IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 118
TABLE 54 SOLID OXIDE FUEL CELL MARKET FOR TUBULAR IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 119
9.3.3 BY APPLICATION 119
TABLE 55 SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC, BY APPLICATION,
2020–2027 (USD MILLION) 119
TABLE 56 SOLID OXIDE FUEL CELL MARKET FOR PORTABLE IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 119
TABLE 57 SOLID OXIDE FUEL CELL MARKET FOR STATIONARY IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 120
TABLE 58 SOLID OXIDE FUEL CELL MARKET FOR TRANSPORT IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 120
9.3.4 BY END USER 120
TABLE 59 SOLID OXIDE FUEL CELL MARKET IN ASIA PACIFIC, BY END USER,
2020–2027 (USD MILLION) 120
TABLE 60 SOLID OXIDE FUEL CELL MARKET FOR RESIDENTIAL IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 121
TABLE 61 SOLID OXIDE FUEL CELL MARKET FOR COMMERCIAL & INDUSTRIAL IN
ASIA PACIFIC, BY COUNTRY, 2020–2027 (USD MILLION) 121
TABLE 62 SOLID OXIDE FUEL CELL MARKET FOR DATA CENTERS IN ASIA PACIFIC,
BY COUNTRY, 2020–2027 (USD MILLION) 121
TABLE 63 SOLID OXIDE FUEL CELL MARKET FOR MILITARY & DEFENSE IN ASIA PACIFIC, BY COUNTRY, 2020–2027 (USD MILLION) 122
9.3.4.1 JAPAN 122
9.3.4.1.1 Progressive commercialization of SOFC technology in Japan contributes to growth of SOFC market 122
TABLE 64 SOLID OXIDE FUEL CELL MARKET IN JAPAN, BY TYPE,
2020–2027 (USD MILLION) 122
TABLE 65 SOLID OXIDE FUEL CELL MARKET IN JAPAN, BY APPLICATION,
2020–2027 (USD MILLION) 123
TABLE 66 SOLID OXIDE FUEL CELL MARKET IN JAPAN, BY END USER,
2020–2027 (USD MILLION) 123
9.3.4.2 South Korea 123
9.3.4.2.1 Increasing investment by SOFC manufactures likely to drive SOFC market growth in South Korea 123
TABLE 67 SOLID OXIDE FUEL CELL MARKET IN SOUTH KOREA, BY TYPE,
2020–2027 (USD MILLION) 124
TABLE 68 SOLID OXIDE FUEL CELL MARKET IN SOUTH KOREA, BY APPLICATION,
2020–2027 (USD MILLION) 124
TABLE 69 SOLID OXIDE FUEL CELL MARKET IN SOUTH KOREA, BY END USER,
2020–2027 (USD MILLION) 125
9.3.4.3 China 125
9.3.4.3.1 Decarbonization and air quality needs in transportation market to drive market for SOFCs in China 125
TABLE 70 SOLID OXIDE FUEL CELL MARKET IN CHINA, BY TYPE,
2020–2027 (USD MILLION) 125
TABLE 71 SOLID OXIDE FUEL CELL MARKET IN CHINA, BY APPLICATION,
2020–2027 (USD MILLION) 126
TABLE 72 SOLID OXIDE FUEL CELL MARKET IN CHINA, BY END USER,
2020–2027 (USD MILLION) 126
9.3.4.4 Rest of Asia Pacific 126
TABLE 73 SOLID OXIDE FUEL CELL MARKET IN REST OF ASIA PACIFIC, BY TYPE,
2020–2027 (USD MILLION) 126
TABLE 74 SOLID OXIDE FUEL CELL MARKET IN REST OF ASIA PACIFIC, BY APPLICATION, 2020–2027 (USD MILLION) 127
TABLE 75 SOLID OXIDE FUEL CELL MARKET IN REST OF ASIA PACIFIC, BY END USER, 2020–2027 (USD MILLION) 127
9.4 EUROPE 127
9.4.1 BY COUNTRY 128
TABLE 76 SOLID OXIDE FUEL CELL MARKET IN EUROPE, BY COUNTRY,
2020–2027 (USD THOUSAND) 128
TABLE 77 SOLID OXIDE FUEL CELL MARKET IN EUROPE, BY COUNTRY,
2020–2027 (MW) 128
9.4.2 BY TYPE 128
TABLE 78 SOLID OXIDE FUEL CELL MARKET IN EUROPE, BY TYPE,
2020–2027 (USD MILLION) 128
TABLE 79 SOLID OXIDE FUEL CELL MARKET FOR PLANAR IN EUROPE, BY COUNTRY, 2020–2027 (USD MILLION) 129
TABLE 80 SOLID OXIDE FUEL CELL MARKET FOR TUBULAR IN EUROPE, BY COUNTRY, 2020–2027 (USD THOUSAND) 129
9.4.3 BY APPLICATION 129
TABLE 81 SOLID OXIDE FUEL CELL MARKET IN EUROPE, BY APPLICATION,
2020–2027 (USD MILLION) 129
TABLE 82 SOLID OXIDE FUEL CELL MARKET FOR PORTABLE IN EUROPE, BY COUNTRY, 2020–2027 (USD THOUSAND) 130
TABLE 83 SOLID OXIDE FUEL CELL MARKET FOR STATIONARY IN EUROPE, BY COUNTRY, 2020–2027 (USD THOUSAND) 130
TABLE 84 SOLID OXIDE FUEL CELL MARKET FOR TRANSPORT IN EUROPE, BY COUNTRY, 2020–2027 (USD THOUSAND) 130
9.4.4 BY END USER 131
TABLE 85 SOLID OXIDE FUEL CELL MARKET IN EUROPE, BY END USER,
2020–2027 (USD MILLION) 131
TABLE 86 SOLID OXIDE FUEL CELL MARKET FOR RESIDENTIAL IN EUROPE,
BY COUNTRY, 2020–2027 (USD THOUSAND) 131
TABLE 87 SOLID OXIDE FUEL CELL MARKET FOR COMMERCIAL & INDUSTRIAL IN EUROPE, BY COUNTRY, 2020–2027 (USD MILLION) 131
TABLE 88 SOLID OXIDE FUEL CELL MARKET FOR DATA CENTERS IN EUROPE,
BY COUNTRY, 2020–2027 (USD THOUSAND) 132
TABLE 89 SOLID OXIDE FUEL CELL MARKET FOR MILITARY & DEFENSE IN EUROPE,
BY COUNTRY, 2020–2027 (USD THOUSAND) 132
9.4.4.1 Germany 132
9.4.4.1.1 Growing investment in R&D activities is likely to drive SOFC market growth in Germany 132
TABLE 90 SOLID OXIDE FUEL CELL MARKET IN GERMANY, BY TYPE,
2020–2027 (USD MILLION) 133
TABLE 91 SOLID OXIDE FUEL CELL MARKET IN GERMANY, BY APPLICATION,
2020–2027 (USD MILLION) 133
TABLE 92 SOLID OXIDE FUEL CELL MARKET IN GERMANY, BY END USER,
2020–2027 (USD MILLION) 134
9.4.4.2 UK 134
9.4.4.2.1 Emission regulations are driving innovation in SOFC technology in UK 134
TABLE 93 SOLID OXIDE FUEL CELL MARKET IN UK, BY TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 SOLID OXIDE FUEL CELL MARKET IN UK, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 95 SOLID OXIDE FUEL CELL MARKET IN UK, BY END USER,
2020–2027 (USD MILLION) 135
9.4.4.3 Italy 135
9.4.4.3.1 Growing adoption of SOFCs to curb carbon emission is driving SOFC market growth in Italy 135
TABLE 96 SOLID OXIDE FUEL CELL MARKET IN ITALY, BY TYPE,
2020–2027 (USD THOUSAND) 136
TABLE 97 SOLID OXIDE FUEL CELL MARKET IN ITALY, BY APPLICATION,
2020–2027 (USD THOUSAND) 136
TABLE 98 SOLID OXIDE FUEL CELL MARKET IN ITALY, BY END USER,
2020–2027 (USD MILLION) 136
9.4.4.4 Rest of Europe 137
TABLE 99 SOLID OXIDE FUEL CELL MARKET IN REST OF EUROPE, BY TYPE,
2020–2027 (USD THOUSAND) 137
TABLE 100 SOLID OXIDE FUEL CELL MARKET IN REST OF EUROPE, BY APPLICATION, 2020–2027 (USD THOUSANDS) 137
TABLE 101 SOLID OXIDE FUEL CELL MARKET IN REST OF EUROPE, BY END USER,
2020–2027 (USD THOUSANDS) 138
9.5 REST OF THE WORLD 138
9.5.1 BY TYPE 138
TABLE 102 SOLID OXIDE FUEL CELL MARKET IN ROW, BY TYPE,
2020–2027 (USD MILLION) 138
9.5.2 BY APPLICATION 139
TABLE 103 SOLID OXIDE FUEL CELL MARKET IN ROW, BY APPLICATION,
2020–2027 (USD THOUSAND) 139
9.5.3 BY END USER 139
TABLE 104 SOLID OXIDE FUEL CELL MARKET IN ROW, BY END USER,
2020–2027 (USD MILLION) 139
10 COMPETITIVE LANDSCAPE 140
10.1 KEY PLAYERS STRATEGIES 140
TABLE 105 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS,
JANUARY 2017– FEBRURAY 2022 140
10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 144
TABLE 106 SOLID OXIDE FUEL CELL MARKET: DEGREE OF COMPETITION 144
FIGURE 39 SOLID OXIDE FUEL CELL MARKET SHARE ANALYSIS, 2021 144
10.3 SEGMENTAL REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS 145
FIGURE 40 5 YEAR SEGMENTAL ANALYSIS OF TOP PLAYERS FROM 2016 TO 2020 145
10.4 COMPANY EVALUATION QUADRANT 146
10.4.1 STAR 146
10.4.2 PERVASIVE 146
10.4.3 EMERGING LEADER 146
10.4.4 PARTICIPANT 146
FIGURE 41 COMPETITIVE LEADERSHIP MAPPING: SOLID OXIDE FUEL CELL MARKET, 2020 147
10.5 SOLID OXIDE FUEL CELL: COMPANY FOOTPRINT 148
TABLE 107 BY END USER: COMPANY FOOTPRINT 148
TABLE 108 BY REGION: COMPANY FOOTPRINT 149
TABLE 109 BY APPLICATION: COMPANY FOOTPRINT 150
TABLE 110 COMPANY FOOTPRINT 151
10.6 COMPETITIVE SCENARIO 152
TABLE 111 SOLID OXIDE FUEL CELL MARKET: PRODUCT LAUNCHES,
JANUARY 2017– FEBRUARY 2022 152
TABLE 112 SOLID OXIDE FUEL CELL: DEALS, JANURAY 2017– FEBRUARY 2022 153
TABLE 113 SOLID OXIDE FUEL CELL MARKET: OTHERS, JANURAY 2017 – FEBRURAY 2022 154
10.7 START-UP/SME EVALUATION QUADRANT, 2020 155
10.7.1 PROGRESSIVE COMPANY 155
10.7.2 RESPONSIVE COMPANY 155
10.7.3 DYNAMIC COMPANY 155
10.7.4 STARTING BLOCK 155
FIGURE 42 SOLID OXIDE FUEL CELL MARKET: START-UP/SME EVALUATION QUADRANT, 2020 156
10.8 COMPETITIVE BENCHMARKING 157
TABLE 114 SOLID OXIDE FUEL CELL MARKET: DETAILED LIST OF KEY STARTUP/SMES 157
TABLE 115 SOLID OXIDE FUEL CELL MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES] 158
11 COMPANY PROFILES 159
11.1 KEY PLAYERS 159
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
11.1.1 BLOOM ENERGY 159
TABLE 116 BLOOM ENERGY: BUSINESS OVERVIEW 159
FIGURE 43 BLOOM ENERGY: COMPANY SNAPSHOT, 2020 160
TABLE 117 BLOOM ENERGY: PRODUCTS OFFERED 160
TABLE 118 BLOOM ENERGY: PRODUCT LAUNCHES 161
TABLE 119 BLOOM ENERGY: DEALS 161
TABLE 120 BLOOM ENERGY: OTHERS 167
11.1.2 AISIN CORPORATION 169
TABLE 121 AISIN CORPORATION: BUSINESS OVERVIEW 169
FIGURE 44 AISIN CORPORATION: COMPANY SNAPSHOT, 2020 170
TABLE 122 AISIN CORPORATION: PRODUCTS OFFERED 170
TABLE 123 AISIN CORPORATION: DEALS 171
11.1.3 MITSUBISHI POWER 173
TABLE 124 MITSUBISHI POWER: BUSINESS OVERVIEW 173
FIGURE 45 MITSUBISHI POWER: COMPANY SNAPSHOT, 2020 174
TABLE 125 MITSUBISHI POWER: PRODUCTS OFFERED 174
TABLE 126 MITSHUBISHI POWER: DEALS 175
11.1.4 HITACHI ZOSEN CORPORATION 177
TABLE 127 HITACHI ZOSEN CORPORATION: BUSINESS OVERVIEW 177
FIGURE 46 HITACHI ZOSEN CORPORATION: COMPANY SNAPSHOT, 2020 178
TABLE 128 HITACHI ZOSEN CORPORATION: PRODUCTS OFFERED 178
TABLE 129 HITACHI ZOSEN CORPORATION: DEALS 179
TABLE 130 HITACHI ZOSEN CORPORATION: OTHERS 180
11.1.5 CERES 181
TABLE 131 CERES: BUSINESS OVERVIEW 181
FIGURE 47 CERES: COMPANY SNAPSHOT, 2020 182
TABLE 132 CERES: PRODUCTS OFFERED 182
TABLE 133 CERES: DEALS 183
TABLE 134 CERES: OTHERS 184
11.1.6 MIURA CO., LTD. 186
TABLE 135 MIURA CO., LTD.: BUSINESS OVERVIEW 186
FIGURE 48 MIURA CO., LTD. IURA: COMPANY SNAPSHOT, 2020 187
TABLE 136 MIURA CO., LTD.: PRODUCTS OFFERED 187
11.1.7 KYOCERA CORPORATION 188
TABLE 137 KYOCERA CORPORATION: BUSINESS OVERVIEW 188
FIGURE 49 KYOCERA CORPORATION: COMPANY SNAPSHOT, 2020 189
TABLE 138 KYOCERA CORPORATION: PRODUCTS OFFERED 189
TABLE 139 KYOCERA CORPORATION: PRODUCT LAUNCHES 190
11.1.8 SOLIDPOWER S.P.A 191
TABLE 140 SOLIDPOWER S.P.A.: BUSINESS OVERVIEW 191
TABLE 141 SOLIDPOWER S.P.A.: PRODUCTS OFFERED 191
TABLE 142 SOLIDPOWER: DEALS 192
TABLE 143 SOLIDPOWER: OTHERS 194
11.1.9 ELCOGEN AS 195
TABLE 144 ELCOGEN AS: BUSINESS OVERVIEW 195
TABLE 145 ELCOGEN AS: PRODUCTS OFFERED 195
TABLE 146 ELCOGEN AS: DEALS 196
11.1.10 CONVION LTD. 198
TABLE 147 CONION LTD.: BUSINESS OVERVIEW 198
TABLE 148 CONVION LTD.: PRODUCTS OFFERED 198
TABLE 149 CONVION LTD.: DEALS 199
TABLE 150 CONVION LTD.: OTHERS 200
11.1.11 SUNFIRE GMBH 201
TABLE 151 SUNFIRE GMBH: BUSINESS OVERVIEW 201
TABLE 152 SUNFIRE GMBH: PRODUCTS OFFERED 201
TABLE 153 SUNFIRE GMBH: DEALS 202
TABLE 154 SUNFIRE GMBH: OTHERS 207
11.1.12 H2E POWER SYSTEMS PVT. LTD. 208
TABLE 155 H2E POWER SYSTEMS PVT. LTD: BUSINESS OVERVIEW 208
TABLE 156 H2E POWER SYSTEMS PVT. LTD: PRODUCTS OFFERED 208
TABLE 157 H2E POWER SYSTEMS PVT. LTD (INDIA): DEALS 209
11.1.13 WATT FUEL CELL CORPORATION 210
TABLE 158 WATT FUEL CELL CORPORATION: BUSINESS OVERVIEW 210
TABLE 159 WATT FUEL CELL CORPORATION: PRODUCTS OFFERED 210
TABLE 160 WATT FUEL CELL CORPORATION: DEALS 211
11.1.14 UPSTART POWER, INC 212
TABLE 161 UPSTART POWER, INC.: BUSINESS OVERVIEW 212
TABLE 162 UPSTART POWER, INC: PRODUCTS OFFERED 212
11.2 OTHER PLAYERS 213
11.2.1 ZTEK CORPORATION 213
TABLE 163 ZTEK CORPORATION INC: BUSINESS OVERVIEW 213
11.2.2 SPECIAL POWER SOURCE 214
TABLE 164 SPECIAL POWER SOURCES: BUSINESS OVERVIEW 214
11.2.3 ADELAN 215
TABLE 165 ADELAN: BUSINESS OVERVIEW 215
11.2.4 AVL 215
TABLE 166 AVL: BUSINESS OVERVIEW 215
11.2.5 ADAPTIVE ENERGY 216
TABLE 167 ADAPTIVE ENERGY: BUSINESS OVERVIEW 216
11.3 R&D PLAYERS 217
11.3.1 ROBERT BOSCH GMBH 217
TABLE 168 ROBERT BOSCH GMBH: BUSINESS OVERVIEW 217
FIGURE 50 ROBERT BOSCH GMBH: COMPANY SNAPSHOT, 2020 218
TABLE 169 ROBERT BOSCH GMBH: DEALS 219
TABLE 170 ROBERT BOSCH GMBH: OTHERS 219
11.3.2 WEICHAI POWER CO., LTD 220
TABLE 171 WEICHAI POWER CO., LTD.: BUSINESS OVERVIEW 220
FIGURE 51 WEICHAI POWER CO., LTD.: COMPANY SNAPSHOT, 2020 221
TABLE 172 WEICHAI POWER CO., LTD.: DEALS 222
11.3.3 DOOSAN FUEL CELL CO., LTD. 223
TABLE 173 DOOSAN FUEL CELL CO., LTD.: BUSINESS OVERVIEW 223
FIGURE 52 DOOSAN FUEL CELL CO., LTD.: COMPANY SNAPSHOT, 2020 223
TABLE 174 DOOSAN FUEL CELL CO., LTD.: DEALS 224
11.3.4 FUEL CELL ENERGY 226
TABLE 175 FUEL CELL ENERGY: BUSINESS OVERVIEW 226
11.3.5 POSCO ENERGY 227
TABLE 176 POSCO ENERGY: BUSINESS OVERVIEW 227
11.3.6 CLARA VENTURE LABS 227
TABLE 177 CLARA VENTURE LABS: BUSINESS OVERVIEW 227
11.3.7 CUMMINS 228
TABLE 178 CUMMINS: BUSINESS OVERVIEW 228
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
 
12 APPENDIX 229
12.1 INSIGHTS OF INDUSTRY EXPERTS 229
12.2 DISCUSSION GUIDE 230
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 234
12.4 AVAILABLE CUSTOMIZATIONS 236
12.5 RELATED REPORTS 236
12.6 AUTHOR DETAILS 237