A Solid Oxide Electrolysis Cell (SOEC ) is basically the corresponding fuel cell (Solid Oxide Fuel Cell – SOFC) run in ‘reverse’. Such a cell operates at relatively high temperatures (700-1000 °C), which makes the efficiency very high. The two electrolysis products, hydrogen and oxygen, are formed on each side of the cell. SOECs may be used for the production of hydrogen from surplus electricity generated by, e.g., wind turbines.
The global Solid Oxide Electrolysis Cell (SOEC) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Solid Oxide Electrolysis Cell (SOEC) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Solid Oxide Electrolysis Cell (SOEC) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Solid Oxide Electrolysis Cell (SOEC) in Power Plants is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Solid Oxide Electrolysis Cell (SOEC) include OxEon Energy, Sunfire, Hoganas AB, Nexceris, Bosch, Haldor Topsoe, FuelCell Energy, Toshiba and Redox Power Systems, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Solid Oxide Electrolysis Cell (SOEC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid Oxide Electrolysis Cell (SOEC).
Report Scope
The Solid Oxide Electrolysis Cell (SOEC) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solid Oxide Electrolysis Cell (SOEC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solid Oxide Electrolysis Cell (SOEC) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
OxEon Energy
Sunfire
Hoganas AB
Nexceris
Bosch
Haldor Topsoe
FuelCell Energy
Toshiba
Redox Power Systems
Keramische Folien GmbH
Segment by Type
Oxygen Ion Conducting
Proton Conducting
Segment by Application
Power Plants
Steel Plant
Electronics and Photovoltaics
Industrial Gases
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solid Oxide Electrolysis Cell (SOEC) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Solid Oxide Electrolysis Cell (SOEC) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Oxygen Ion Conducting
1.2.3 Proton Conducting
1.3 Market by Application
1.3.1 Global Solid Oxide Electrolysis Cell (SOEC) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Power Plants
1.3.3 Steel Plant
1.3.4 Electronics and Photovoltaics
1.3.5 Industrial Gases
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Solid Oxide Electrolysis Cell (SOEC) Market Perspective (2019-2030)
2.2 Solid Oxide Electrolysis Cell (SOEC) Growth Trends by Region
2.2.1 Global Solid Oxide Electrolysis Cell (SOEC) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Solid Oxide Electrolysis Cell (SOEC) Historic Market Size by Region (2019-2024)
2.2.3 Solid Oxide Electrolysis Cell (SOEC) Forecasted Market Size by Region (2025-2030)
2.3 Solid Oxide Electrolysis Cell (SOEC) Market Dynamics
2.3.1 Solid Oxide Electrolysis Cell (SOEC) Industry Trends
2.3.2 Solid Oxide Electrolysis Cell (SOEC) Market Drivers
2.3.3 Solid Oxide Electrolysis Cell (SOEC) Market Challenges
2.3.4 Solid Oxide Electrolysis Cell (SOEC) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Solid Oxide Electrolysis Cell (SOEC) Players by Revenue
3.1.1 Global Top Solid Oxide Electrolysis Cell (SOEC) Players by Revenue (2019-2024)
3.1.2 Global Solid Oxide Electrolysis Cell (SOEC) Revenue Market Share by Players (2019-2024)
3.2 Global Solid Oxide Electrolysis Cell (SOEC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Solid Oxide Electrolysis Cell (SOEC) Revenue
3.4 Global Solid Oxide Electrolysis Cell (SOEC) Market Concentration Ratio
3.4.1 Global Solid Oxide Electrolysis Cell (SOEC) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Solid Oxide Electrolysis Cell (SOEC) Revenue in 2023
3.5 Solid Oxide Electrolysis Cell (SOEC) Key Players Head office and Area Served
3.6 Key Players Solid Oxide Electrolysis Cell (SOEC) Product Solution and Service
3.7 Date of Enter into Solid Oxide Electrolysis Cell (SOEC) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Solid Oxide Electrolysis Cell (SOEC) Breakdown Data by Type
4.1 Global Solid Oxide Electrolysis Cell (SOEC) Historic Market Size by Type (2019-2024)
4.2 Global Solid Oxide Electrolysis Cell (SOEC) Forecasted Market Size by Type (2025-2030)
5 Solid Oxide Electrolysis Cell (SOEC) Breakdown Data by Application
5.1 Global Solid Oxide Electrolysis Cell (SOEC) Historic Market Size by Application (2019-2024)
5.2 Global Solid Oxide Electrolysis Cell (SOEC) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Solid Oxide Electrolysis Cell (SOEC) Market Size (2019-2030)
6.2 North America Solid Oxide Electrolysis Cell (SOEC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2019-2024)
6.4 North America Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Solid Oxide Electrolysis Cell (SOEC) Market Size (2019-2030)
7.2 Europe Solid Oxide Electrolysis Cell (SOEC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2019-2024)
7.4 Europe Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Solid Oxide Electrolysis Cell (SOEC) Market Size (2019-2030)
8.2 Asia-Pacific Solid Oxide Electrolysis Cell (SOEC) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Solid Oxide Electrolysis Cell (SOEC) Market Size by Region (2019-2024)
8.4 Asia-Pacific Solid Oxide Electrolysis Cell (SOEC) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Solid Oxide Electrolysis Cell (SOEC) Market Size (2019-2030)
9.2 Latin America Solid Oxide Electrolysis Cell (SOEC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2019-2024)
9.4 Latin America Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Solid Oxide Electrolysis Cell (SOEC) Market Size (2019-2030)
10.2 Middle East & Africa Solid Oxide Electrolysis Cell (SOEC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2019-2024)
10.4 Middle East & Africa Solid Oxide Electrolysis Cell (SOEC) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 OxEon Energy
11.1.1 OxEon Energy Company Detail
11.1.2 OxEon Energy Business Overview
11.1.3 OxEon Energy Solid Oxide Electrolysis Cell (SOEC) Introduction
11.1.4 OxEon Energy Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.1.5 OxEon Energy Recent Development
11.2 Sunfire
11.2.1 Sunfire Company Detail
11.2.2 Sunfire Business Overview
11.2.3 Sunfire Solid Oxide Electrolysis Cell (SOEC) Introduction
11.2.4 Sunfire Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.2.5 Sunfire Recent Development
11.3 Hoganas AB
11.3.1 Hoganas AB Company Detail
11.3.2 Hoganas AB Business Overview
11.3.3 Hoganas AB Solid Oxide Electrolysis Cell (SOEC) Introduction
11.3.4 Hoganas AB Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.3.5 Hoganas AB Recent Development
11.4 Nexceris
11.4.1 Nexceris Company Detail
11.4.2 Nexceris Business Overview
11.4.3 Nexceris Solid Oxide Electrolysis Cell (SOEC) Introduction
11.4.4 Nexceris Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.4.5 Nexceris Recent Development
11.5 Bosch
11.5.1 Bosch Company Detail
11.5.2 Bosch Business Overview
11.5.3 Bosch Solid Oxide Electrolysis Cell (SOEC) Introduction
11.5.4 Bosch Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.5.5 Bosch Recent Development
11.6 Haldor Topsoe
11.6.1 Haldor Topsoe Company Detail
11.6.2 Haldor Topsoe Business Overview
11.6.3 Haldor Topsoe Solid Oxide Electrolysis Cell (SOEC) Introduction
11.6.4 Haldor Topsoe Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.6.5 Haldor Topsoe Recent Development
11.7 FuelCell Energy
11.7.1 FuelCell Energy Company Detail
11.7.2 FuelCell Energy Business Overview
11.7.3 FuelCell Energy Solid Oxide Electrolysis Cell (SOEC) Introduction
11.7.4 FuelCell Energy Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.7.5 FuelCell Energy Recent Development
11.8 Toshiba
11.8.1 Toshiba Company Detail
11.8.2 Toshiba Business Overview
11.8.3 Toshiba Solid Oxide Electrolysis Cell (SOEC) Introduction
11.8.4 Toshiba Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.8.5 Toshiba Recent Development
11.9 Redox Power Systems
11.9.1 Redox Power Systems Company Detail
11.9.2 Redox Power Systems Business Overview
11.9.3 Redox Power Systems Solid Oxide Electrolysis Cell (SOEC) Introduction
11.9.4 Redox Power Systems Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.9.5 Redox Power Systems Recent Development
11.10 Keramische Folien GmbH
11.10.1 Keramische Folien GmbH Company Detail
11.10.2 Keramische Folien GmbH Business Overview
11.10.3 Keramische Folien GmbH Solid Oxide Electrolysis Cell (SOEC) Introduction
11.10.4 Keramische Folien GmbH Revenue in Solid Oxide Electrolysis Cell (SOEC) Business (2019-2024)
11.10.5 Keramische Folien GmbH Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
OxEon Energy
Sunfire
Hoganas AB
Nexceris
Bosch
Haldor Topsoe
FuelCell Energy
Toshiba
Redox Power Systems
Keramische Folien GmbH
*If Applicable.