Solid Oxide Fuel Cell Market Size Is Anticipated To Reach USD 4.0 Billion By 2028
San Francisco, 15 Feb 2022: The Report Solid Oxide Fuel Cell Market Size, Share & Trends Analysis Report By Application (Stationary, Portable, Transportation), By Region (Europe, North America, Asia Pacific), And Segment Forecasts, 2021 - 2028 The global solid oxide fuel cell market size is expected to reach USD 4.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 42.2% from 2021 to 2028. Growing expenditure in infrastructure and industry development is anticipated to have a positive impact on the global solid oxide fuel cell (SOFC) market over the projected period. Installers and system providers usually hold stock of significant equipment in the inventory. However, manufacturers face bottlenecks and shortages due to limited production in countries severely affected by the COVID-19 pandemic. Furthermore, upcoming SOFC-based large-scale projects are expected to witness delays in commissioning due to disrupti