Solid Oxide Fuel Cells (SOFCs)

SUMMARY

This report analyzes the worldwide markets for Solid Oxide Fuel Cells (SOFCs) in US$ Million.The report provides separate comprehensive analytics for the North America, Europe, Japan, and Rest of World. Annual forecasts are provided for each region for the period of 2000 through 2015. The report profiles 62 companies including many key and niche players worldwide such as Acumentrics Corporation, Inc., Acumentrics Canada Ltd., Adaptive Materials, Inc., Adelan Ltd., Ceramic Fuel Cells Ltd., Cummins Power Generation Inc, Delphi Corporation., GE Hybrid Power Generation Systems, Global Thermoelectric, Inc., Rolls-Royce Plc., SOFCo-EFS Holdings LLC, Siemens Power Generation, Inc., Hexis AG, and Ztek Corporation. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TABLE OF CONTENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

• Study Reliability and Reporting Limitations
• Disclaimers
• Data Interpretation & Reporting Level
• Quantitative Techniques & Analytics
• Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. Industry Overview

• A Prelude to the Changing Energy Industry
• Whimsical Visions Of An All-Hydrogen Economy Drives Interest in Fuel Cells
• Favorable Conditions Required
• Fuel Cells: A Revolution in the Making
• In Time for Making the Right Kind of Impact
• Table 1: World Consumption of Electricity: Breakdown by Trillion Kilowatt Hours by Region for the Years 1997 & 2020 (includes corresponding Graph/Chart)
• Deregulation of the Energy Market
• The Promise of Deregulation
• The Present State of Deregulation
• To Regulate or Deregulate Is the Billion-Dollar Question...
• Despite Deregulation Price Continue to Rise: A Peek Into the Paradox
• The SOFC Technology Market: A Quick Primer
• A Curtain Raiser
• SOFCs to the Rescue
• What Makes SOFCs Such a Cherished Technology?
• What's in the Material?
• Lanthanum Chromite: A Possible Material for Interconnects
• SOFCs: Then & Now...
• The Origin Of SOFCs
• SOFCs Journey Up The Technology Curve: A Review
• Present Levels of Commercialization
• The Focus of Current Research
• Technology Challenges to Reckon With...
• Fuel Cell Stacking: A Daunting Challenge
• What's the Holy Grail of SOFC Developers?
• Single Chamber SOFC: A Tool for Increased Power Density
• Other Challenges
• The Role of the Government in Driving the Market's Future
• Table 2: Worldwide Fuel Cell Research (2002): Government Spending in US$ Million in Select Geographic Regions - US, Japan, Canada, and UK (includes corresponding Graph/Chart)
• SECA: Established to Chase the SOFC Dream
• Advantages Offered by the SECA Initiative
• Futuristics
• Conclusions

2. Market Dynamics

• Conventional Power Companies Vie for the SOFC Pie...
• SOFCs: The Newest Theme for Clean Energy
• Euphoric Predictions/Expectations Fail to Materialize...
• Tempered by Uncertainty, Team Effort Prevails
• SOFCs: A Technology Of Interest to the Developed Countries
• North America: A Forerunner in Global SOFC Commercialization
• All Hands On the Deck: Japan Takes On Board the Fuel Cell Concept
• Environmental Benefits Make SOFCs Irresistible
• SOFCs: Ideal for Distributed Power Generation
• PEMFC: A Major Threat
• The Automobile Sector Stands Up and Takes Notice

3. Fuel Cells: A Technology Freeze Frame

• Fuel Cells Enter the Lexicon of Modern Energy Generation
• Fuel Cell Technologies
• Technical Features
• Types of Fuel Cells & their Maximum Operating Temperatures
• Evolution of Fuel Cells...
• Present Market Scenario
• Growth Drivers
• Rising Concerns for Global Warming
• Depletion of Fossil Fuel Reserves
• Technical Hurdles
• Surface Area of Components: A Major Issue
• Miniaturization: A Major Challenge in Designing Portable Fuel Cells
• Costs: A Herculean Challenge
• Types of Fuel Cells
• Alkaline Fuel Cell (AFC)
• Phosphoric Acid Fuel Cell (PAFC)
• Solid Polymer or Proton Exchange Membrane Fuel Cell (PEM)
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Direct Methanol Fuel Cell (DMFC)
• Molten Carbonate Fuel Cell (MCFC)
• Solid Oxide Fuel Cell (SOFC)
• Assumptions and Facts
• Structural & Operational Simplicity
• Fuel-Efficiency
• Hydrogen Economy
• Conclusions

4. SOFC Technology Overview

• Solid Oxide Fuel Cell (SOFC): A Definition
• Advantages
• Pollution Index
• Pitfalls
• High Manufacturing Costs
• High Operating Temperature
• A Working Model of a SOFC

1. Reduction of Oxygen into Negatively Charged

2. Conduction Negatively Charged Oxygen Ions

3. Oxidation of Hydrogen at Anode

• Architectural Dynamics
• Components of SOFCs
• Cathode
• Electrolyte
• Anode
• Interconnect
• SOFC Component Materials & Properties
• Yttria Stabilized Zirconia
• Nickel
• Strontium Doped Lanthanum Magnetite
• Lanthanum Chromite
• SOFCs: An Evolution Scan
• Types of SOFCs
• Classification by Design
• Planar SOFCs
• Electrolyte-Supported Planar SOFCs
• Electrode-Supported or Anode-Supported Planar SOFCs
• Drawbacks
• Need for Long-Lasting Seals
• High Costs
• Tubular SOFCs
• What's More Popular - Planar or Tubular?
• Table 3: World SOFC Market: Percentage Breakdown of SOFC Developers Engaged in Researching Planar and Tubular Designs by Region/Country for the Year 2002 (includes corresponding Graph/Chart)
• Classification by Operating Temperatures
• High Temperature SOFCs
• Advantages
• Disadvantages
• Intermediate Temperature SOFC
• The Math of Reducing Operating Temperature
• Other Implications
• Research Focus
• Advantages of Reducing Operating Temperatures
• Disadvantages of Reducing Operating Temperatures
• Research Developments in Intermediate Temperature SOFCs
• Applications of SOFCs
• Stationary Power Applications
• Table 4: Fuel Cell Technologies for Stationary Applications: 2004-2005 (In %) (includes corresponding Graph/Chart)
• Standalone Power Generator
• Transportation
• The PEMFC Edge
• Mobile Electronic Equipments/Portable Energy Applications
• Space & Military
• Table 5: US Market for Fuel Cells in Military Applications by Technology - PEMFC, Alkaline Fuel Cells, PAFC, MCFC, and SOFC: 2004 & 2008 (P) (includes corresponding Graph/Chart)

5. Research & Technology Effervescence

• NEDO Tests Demonstrate Over 50% Efficiency of SOFC system
• Acumentrics, NRCan Investigate Prospects of Using Ammonia in SOFCs
• New SOFC Technology from Japanese Scientists
• Researcher Devises SOFC with Additional Features
• US Scientists Design SOFC with Innovative Architectural Design...
• Hosokawa Micron Unveils SOFC with Reduced Operating Temperature...
• Scientists Develop Technology to Produce Nanostructured SOFCs...
• Delphi Corporation Develops Fuel-Flexible SOFC Power System
• Scientists invent new electrode material...
• Toto Enhances the Overall Efficiency of SOFCs...
• FCT and TOTO to Design an SOFC for Residential Use
• Single Chamber SOFC from American Researchers
• Scientists in Japan Invent New Electrolyte...
• US Scientist Redesigns SOFC to Recover Lost Fuel...
• US Scientists Unveil the Merits of a Thin Electrolyte
• ESL Introduce New Electrolyte Material
• New Electrode Material Enhance SOFC Efficiency
• Kainos Energy Develops New Manufacturing Technique
• NanoDynamics Develops Portable SOFC...
• NanoDynamics Introduces Unique Manufacturing Method...
• Delphi Develops Solid-Oxide Fuel Cells

6. Recent Industry Activity

• CFCL Inks Supply Agreement with CeramTec
• Rolls-Royce Fuel Cells Systems Acquires SOFCo-EFS Holdings
• Acumentrics Ships 5kW SOFC System to Hera Holdings
• Digital Sofcell LLC Restructured for Fund Raising Purpose...
• FCT Inks Supply Deal With Siemens...
• FuelCell Pockets DOE Contract...
• Versa Power Roped In To Develop High Capacity Coal-Based SOFC...
• Franklin Fuel Cells Bags Two US Patents
• Vaillant Teams Up With Webasto
• Delphi Corporation Unveils Fuel-Flexible SOFC
• NanoDynamics Approved US Patent
• CFCL Joins Forces With Precision Flow Technologies
• BTU International Inks Agreement With Boston University
• Siemens Collaborates With Meidensha
• FCT Ties Up With TOTO Ltd.
• Worldwide Energy Inks Licensing Pact With ORNL
• BTU International Ties Up With Rolls Royce
• AMI Collaborates With IFCI
• FCT Supplies SOFC System To BP Shipping
• Fuel Cell Technologies Receives CSA Certification
• Webasto and HC Starck Receives EC Approval
• Digital Sofcell, ShenLi and Goeta forms a Joint Venture
• Acumentrics and MTS Group Ink Contract
• GE Energy Pockets US DOE Deal...
• CFCL Delivers SOFC Unit
• Rolls Royce Strikes Deal with Singapore Firms...
• FCT Ties up with Natural Resources Canada (NRCan)
• Acumentrics Ships SOFC System
• GTI-Led Team Gains CERL Contract
• FuelCell Energy Unit Merges with Versa Power Systems...
• Acumentrics Corporation Floated Joint Venture With Sumitomo Corporation
• H.C. Starck Pockets InDEC Majority Share
• Ontario And Siemens Install SOFC Unit
• InDEC Bags Planet Capital Management
• Versa Power Systems Commercialize RT-SOFC
• Cummins Wins DOE Contract
• Norske Shell And Siemens Power Generation Install SOFC Unit In Norway

7. Focus on Select Global Players

• Acumentrics Corporation. (USA)
• Acumentrics Canada Ltd (Canada)
• Adaptive Materials, Inc. (USA)
• Adelan Ltd. (UK)
• Ceramic Fuel Cells Ltd. (Australia)
• Cummins Power Generation Inc (USA)
• Delphi Corporation (USA)
• GE Hybrid Power Generation Systems (USA)
• Global Thermoelectric, Inc. (Canada)
• Rolls-Royce Plc (UK)
• SOFCo-EFS Holdings LLC (USA)
• Siemens Power Generation, Inc (USA)
• Hexis AG (Germany)
• Ztek Corporation (USA)

8. Global Market Perspective

• Table 6: World Recent Past, Current & Future Analysis for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - North America, Europe, Japan, and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Million for the Years 2000 through 2010 (includes corresponding Graph/Chart)
• Table 7: World Long Term Projections for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - North America, Europe, Japan, and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Million for the Years 2011 through 2015 (includes corresponding Graph/Chart)
• Table 8: World 10-Year Perspective for Solid Oxide Fuel Cells (SOFCs) by Geographic Region - Percentage Breakdown of Revenues for North America, Europe, Japan, and Rest of World Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart)

III. MARKET

1. North America

• A. Market Analysis
  • Market in North America: A Quick Primer
  • Market Drivers In a Capsule
  • Market Inhibitors In a Capsule
  • SECA: A Unique Initiative
  • Stationary Power Application: The Largest End-Use Market
  • Table 9: Stationary SOFC Market in North America: Revenue Contribution by SOFC Power Units by Output for Years 2004, 2006 and 2009 (In %) (includes corresponding Graph/Chart)
  • The Price Factor
  • Table 10: Stationary SOFC Market in North America: Average Price Per Kilowatt of Power Produced by Stationary SOFC Units for Years 2004, 2006 and 2009 (includes corresponding Graph/Chart)
  • A Peek Into Commercial Products & Products in the Pipeline
  • Key Market Trends
  • The Shadow of Competition Grows Longer
  • An Unstructured Retail Space
  • SOFC: Popular With Traditional Power Giants...
  • SOFC Benefits from the Power Hungry World Population...
  • Clampdown on Pollution Encourages Technological Shift...
  • Government Backing Speeds Up Commercialization Process...
  • Strong Economy Leads to Faster Penetration/Adaptation...
  • Sluggish Deregulation Process of Power Industry Affects SOFC Market
  • Competition from Allied Technologies
  • Competitive Landscape
  • Technology Developments
  • Strategic Developments
  • Key Players
• B. Market Analytics
  • Table 11: North American Recent Past, Current &Future Market Analysis for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2000 through 2010 (includes corresponding Graph/Chart)
  • Table 12: North American Long Term Projections for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2011 through 2015 (includes corresponding Graph/Chart)

2. Europe

• A. Market Analysis
  • A Primer
  • Stationary SOFC Systems on the Upward Trajectory
  • Table 13: European SOFC Stationary Power Market: Percentage Revenue Breakdown of SOFC Systems by Power Output for the years 2004, 2006, 2008, and 2010 (includes corresponding Graph/Chart)
  • High Costs: A Major Issue
  • Conventional Power Market: Still Going Strong
  • Strategic Developments
  • Key Players
• B. Market Analytics
  • Table 14: European Recent Past, Current & Future Market Analysis for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2000 through 2010 (includes corresponding Graph/Chart)
  • Table 15: European Long Term Projections for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2011 through 2015 (includes corresponding Graph/Chart)

3. Japan

• A. Market Analysis
  • A Primer
  • History of Fuel Cell Innovation in Japan
  • Kyoto Protocol Offers a Business Case for Fuel Cells
  • Kyushu - Japan's Fuel Cell Center...
• Japan Lures Foreign Investments...
  • SOFC Market Drivers in Japan
  • Technology Developments
  • Strategic Development
• B. Market Analytics
  • Table 16: Japanese Recent Past, Current & Future Market Analysis for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2000 through 2010 (includes corresponding Graph/Chart)
  • Table 17: Japanese Long Term Projections for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2011 through 2015 (includes corresponding Graph/Chart)

4. Rest of World

• A. Market Analysis
  • A Primer
  • Strategic Developments
  • Key Players
• B. Market Analytics
  • Table 18: Rest of World Recent Past, Current & Future Market Analysis for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2000 through 2010 (includes corresponding Graph/Chart)
  • Table 19: Rest of World Long Term Projections for Solid Oxide Fuel Cells (SOFCs) With Annual Revenues in US$ Million for the Years 2011 through 2015 (includes corresponding Graph/Chart)