“Driven by the unrelenting rise in petroleum and fossil fuel prices, rising concerns over environmental pollution, and the need for clean energy generation technologies, the world solid oxide fuel cells (SOFCs) market is projected to reach $443 million by the year 2010. Liberalization of the retail electricity industry, utility infrastructure restructuring, and changing public environmental policies are all expected to offer expanded market opportunities for SOFCs. The need for distributed power, and the expensiveness of upgrading the traditional transmission and distribution systems is additionally expected to offer a business case for the SOFC technology.” 

“Rising economic activity, elevated standards of living, increasing population, and spread of industrialization, are all factors, which wield tremendous pressure on world energy requirements. Broadening knowledge of a wide spectrum of alternative energy technologies coupled with the deregulation of the energy industries worldwide, is helping alternative renewable energies to partake in the lucrative opportunities in the energy industry. With several advantages stacked in its favor, the Solid oxide fuel cells technology is expected to post strong gains in the upcoming years. Stationary power plants represent the largest application area for SOFCs.”

“As stated by the recent report published by Global Industry Analysts, Inc., the Japanese market is forecast to grow at a CAGR of 8.81% over the period 2011 through 2015, while North America and Europe, together, are expected to post combined revenues to the tune of $393.02 million by the year 2012.”

“Leading global and regional players operating in the industry include Acumentrics Corporation, 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, among others.”

The report, "Solid Oxide Fuel Cells (SOFCs): A Global Strategic Business Report" is published by Global Industry Analysts, Inc.- for more details visit: 
http://www.strategyr.com/Solid_Oxide_Fuel_Cells_SOFCs_Market_Report.asp