France Solid Oxide Fuel Cell Market Size & Outlook
France solid oxide fuel cell market, 2018-2030 (US$M)
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France solid oxide fuel cell market highlights
- The France solid oxide fuel cell market generated a revenue of USD 4.1 million in 2022 and is expected to reach USD 20.3 million by 2030.
- The France market is expected to grow at a CAGR of 22.1% from 2023 to 2030.
- In terms of segment, stationary was the largest revenue generating application in 2022.
- Transportation is the most lucrative application segment registering the fastest growth during the forecast period.
Solid oxide fuel cell market data book summary
| Market revenue in 2022 | USD 4.1 million |
| Market revenue in 2030 | USD 20.3 million |
| Growth rate | 22.1% (CAGR from 2022 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Transportation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Transportation, Portable |
| Key market players worldwide | Bloom Energy Corp Class A, Mitsubishi Corp, Cummins Inc, Ceres Power Holdings PLC, GE Aerospace, FuelCell Energy Inc, Kyocera Corp, Avalon Advanced Materials Inc, Niterra Co Ltd |
Other key industry trends
- In terms of revenue, France accounted for 0.9% of the global solid oxide fuel cell market in 2022.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany solid oxide fuel cell market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 206.9 million by 2030.
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Solid Oxide Fuel Cell Market Scope
Solid Oxide Fuel Cell Market Companies
| Name | Profile | # Employees | HQ | Website |
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France solid oxide fuel cell market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solid oxide fuel cell market will help companies and investors design strategic landscapes.
Stationary was the largest segment with a revenue share of 78.05% in 2022. Horizon Databook has segmented the France solid oxide fuel cell market based on stationary, transportation, portable covering the revenue growth of each sub-segment from 2018 to 2030.
The French government introduced “Plan Hydrogène” in June 2018 to enhance the development of hydrogen infrastructure across France. Through this plan, France aims to become the global leader in terms of the utilization of hydrogen technology. The main aims of this plan are to make the industrial sector carbon-free, to develop renewable energy storage, and deploy zero-emission solutions for road, rail, and water transportation in the transportation sector.
The French policy for solid oxide fuel cell program is in the development stage. The stationary application segment generated the highest revenue in 2020 owing to the presence of the PACE project that is being deployed by the European Union to enhance the adoption of fuel-cell based micro-CHP systems. These factors are expected to boost the growth of the SOFC market in the country over the forecast period.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France solid oxide fuel cell market , including forecasts for subscribers. This country databook contains high-level insights into France solid oxide fuel cell market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France solid oxide fuel cell market size, by application, 2018-2030 (US$M)
France Solid Oxide Fuel Cell Market Outlook Share, 2022 & 2030 (US$M)
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