The demand for electricity is increasing in developed nations in North America and Europe as well as in fast-growing economies in Asia-Pacific. This has resulted in significant investments being made in developing alternative power generating technologies to improve the electrical power distribution infrastructure.

Pune, India -- (SBWire) -- 08/30/2016 --The report "Planar Solid Oxide Fuel Cell Market by Cost Breakdown (Planar Cells, Separator Plates, Manifolds, Seals, and Others), Application (Stationary, Transportation, and Portable) & by Region (Asia-Pacific, North America, Europe, and Rest of the world) - Global Trends & Forecast to 2020" defines and segments the planar solid oxide fuel cell (SOFC) market, with an analysis of market size, by value, market shares of leading players, and a forecast of future trends. It also identifies the key drivers, restraints, and challenges of the market, highlighting the latest trends and identifying opportunities.

Browse 70 market data tables and 46 figures spread through 147 pages and in-depth TOC on "Planar Solid Oxide Fuel Cell Market Global Trends & Forecast to 2020"

Request for Sample: http://www.marketsandmarkets.com/requestsample.asp?id=80407504

In 2014, Asia-Pacific was the largest regional market for planar SOFC and accounted for a market share, by value, of 38.3%. The growing demand for alternative electric power generation technologies, related expenditure on the development of planar SOFC technology, and growing inclination towards distributed generation are the key drivers of the global planar SOFC market.

The planar SOFC market is projected to reach a value of $ 639.2 Million in 2020 from an estimated value of $ 362.0 Million in 2015 growing at a CAGR of 12.0% from 2015 to 2020, with the demand from countries such as Japan, the U.S., South Korea, and Germany set to increase. The demand for planar SOFC is primarily driven by the expansion of distributed power generation to connect more residential and commercial areas to power supply and the growing number of electric vehicle applications based on fuel cells.

Leading players in the global planar SOFC market include Bloom Energy (U.S.), Aisin Seiki (Japan), Fuel Cell Energy Inc. (U.S.), and Ceramic Fuel Cell Ltd. (Australia). Players in this market are currently investing in R&D to enhance the efficiency and reduce the manufacturing cost of their products. Companies are attempting to avail of opportunities in the emerging economies of Asia-Pacific and parts of Europe through strategies such as joint-ventures, mergers & acquisitions, and partnerships & collaborations.

Make an Enquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=80407504

About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
888-600-6441
Mailto:sales@marketsandmarkets.com
Website:http://www.marketsandmarkets.com