Tag Archives: SOFC Industry Size

Tubular Solid Oxide Fuel Cells to Lead South America and MEA SOFC Market through 2023

According to a recently published TechSci Research report SouthAmerica & MEA Solid Oxide Fuel Cells Market By Type, By Application, By Country, Competition Forecast and Opportunities, 2013-2023’’, South America & MEA solid oxide fuel cells market is projected to witness a CAGR of over 11% until 2023 on account of rising user adoption due to incentives provided by governments of various countries on solid oxide fuel cells. Negligible use of liquid electrolyte in solid oxide fuel cells is also driving demand for these cells in South America & MEA. Furthermore, public-private collaborations to promote solid oxide fuel cells are increasing, which is further anticipated to steer growth in South America & MEA solid oxide fuel cells market during the forecast period.