Stationary Fuel Cell Market Segmentation:
Type Segment Analysis
The solid oxide fuel cell segment is expected to dominate stationary fuel cell market share of around 58.7% by the end of 2035. The high electrical efficiencies of SOFC make them an attractive option for designing fully utilized power generation systems. These cells can be produced by using a diverse range of fuels including natural gas, biogas, hydrogen, and ethanol or methanol. Such flexibility helps these to be adaptive to different infrastructures and regional availability. SOFCs are also preferred due to the less environmental impact with less emissions. This further solidifies its positioning for its sophistical regulatory compliance and encourages companies to increase their production. For instance, in December 2020, Bosch aimed to increase the SOFC systems capacity to 200MW by the end of 2024.
Stacking Segment Analysis
Based on stacking, the stationary fuel cell market is expected to be dominated by planar bipolar stacking. The growth in this segment is driven by the effective operation and scalability of these systems. The bipolar plates are used to serve with dual functionality of gas distribution and water removal for electricity conduction. Alongside, the planar design is dedicated to maximizing the surface area while minimizing the weight and volume of the system. Together, this contributes to the manufacturing of a compact yet effective solution for on-premises power generation. This further makes this segment preferable for businesses seeking fuel cells to deliver optimum performance and capture less space.
Our in-depth analysis of the market includes the following segments
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