This report analyzes the worldwide markets for Solid Oxide Fuel Cells (SOFCs) in US$ Million.The report provides separate comprehensive analytics for the US, Canada, Europe, Japan, and Rest of World. Annual estimates and forecasts are provided for each region for the period  2007 through 2015. The report profiles 61 companies including many key and niche players such as Acumentrics Corporation, Acumentrics Canada Ltd., Adaptive Materials, Inc., Adelan Ltd., Ceramic Fuel Cells Ltd., Cummins Power Generation Inc, Delphi Corporation., FuelCell Energy, Inc., GE Hybrid Power Generation Systems, Global Thermoelectric, Inc., Hexis AG, Rolls-Royce Fuel Cell Systems Ltd., Siemens Energy, Inc., and Ztek Corporation. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TABLE OF CONTENTS

SOLID OXIDE FUEL CELLS (SOFCs) 							MCP-1819
A GLOBAL STRATEGIC BUSINESS REPORT


						CONTENTS


  1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS                       1
      Study Reliability and Reporting Limitations                          1
      Disclaimers                                                          2
      Data Interpretation & Reporting Level                                2
       Quantitative Techniques & Analytics                                 3
      Product Definitions and Scope of Study                               3

  2. INDUSTRY OVERVIEW                                                     4
      A Prelude to the Changing Energy Industry                            4
      Fuel Cells - Technology for the Future                               4
       Shipments of Fuel Cell Systems                                      5
        Growth Drivers                                                     6
         Rising Concerns on Global Warming                                 6
         Depletion of Fossil Fuel Reserves                                 6
         Development of Core Competencies                                  6
         Strategic Alliances and Marketing Activities                      6
         Strong Investor Base and Human Resources                          6
        Technical Hurdles                                                  7
         Surface Area of Components: A Major Issue                         7
         Miniaturization: A Major Challenge in Designing Costs: A
          Herculean Challenge                                              7
         Inadequate Infrastructure & Lack of Customer Confidence           8
      Fuel Cell Industry to Aid in Development of Hydrogen Industry        8
       Whimsical Visions Of An All-Hydrogen Economy Drives Interest
        in Fuel Cells                                                      8
       Favorable Conditions Required                                       9
       Fuel Cells: A Revolution in the Making                              9
        In Time for Making the Right Kind of Impact                        9
         Table 1: World Consumption of Electricity: Breakdown by
         Trillion Kilowatt Hours by Region for the Years 1997 & 2020
         (includes corresponding Graph/Chart)                              10
       Deregulation of the Energy Market                                   10
        The Promise of Deregulation                                        10
        The Present State of Deregulation                                  11
        To Regulate or Deregulate Is the Billion-Dollar Question           12
        Despite Deregulation Price Continue to Rise: A Peek Into the
         Paradox                                                           12

  3. THE SOFC MARKET: A QUICK PRIMER                                       13
      A Curtain Raiser                                                     13
      SOFCs to the Rescue                                                  13
      What Makes SOFCs Such a Cherished Technology?                        14
      What’s in the Material?                                              15
       Lanthanum Chromite: A Possible Material for Interconnects           15
      SOFCs: Then & Now                                                    15
       The Origin Of SOFCs 15
       SOFCs Journey Up The Technology Curve: A Review                     16
       Present Levels of Commercialization                                 17
       The Focus of Current Research                                       17
      Technology Challenges to Reckon With                                 18
       Fuel Cell Stacking: A Daunting Challenge                            18
       What’s the Holy Grail of SOFC Developers?                           18
       Single Chamber SOFC: A Tool for Increased Power Density             19
       Other Challenges                                                    19
      The Role of the Government in Driving the Market’s Future            20
      SECA: Established to Chase the SOFC Dream                            20
       Advantages Offered by the SECA Initiative                           21
      Futuristics                                                          21
      Conclusions                                                          22

  4. MARKET DYNAMICS                                                       23
      Conventional Power Companies Vie for the SOFC Pie                    23
      SOFCs: The Newest Theme for Clean Energy                             23
      SOFCs: Preferred for Providing Power in High Temperature
       Applications                                                        23
      Tempered by Uncertainty, Team Effort Prevails                        23
      SOFCs: A Technology Of Interest to the Developed Countries           24
      North America: A Forerunner in Global SOFC Commercialization         24
      Environmental Benefits Make SOFCs Irresistible                       24
      SOFCs: Ideal for Distributed Power Generation                        25
      PEMFC: A Major Threat                                                25
      The Automobile Sector Stands Up and Takes Notice                     25

  5. FUEL CELLS: A TECHNOLOGY FREEZE FRAME                                 26
      Fuel Cells Enter the Lexicon of Modern Energy Generation             26
       Fuel Cell Technologies                                              27
       Technical Features                                                  27
       Types of Fuel Cells & their Maximum Operating Temperatures          28
      Evolution of Fuel Cells                                              28
      Types of Fuel Cells                                                  28
       Alkaline Fuel Cell (AFC)                                            28
       Phosphoric Acid Fuel Cell (PAFC)                                    29
       Solid Polymer or Proton Exchange Membrane Fuel Cell (PEM)           29
       Proton Exchange Membrane Fuel Cell (PEMFC)                          29
       Direct Methanol Fuel Cell (DMFC)                                    30
       Molten Carbonate Fuel Cell (MCFC)                                   30
       Solid Oxide Fuel Cell (SOFC)                                        30
        Comparative Analysis of Fuel Cell Technologies                     31
      Assumptions and Facts                                                31
       Structural & Operational Simplicity                                 31
       Fuel-Efficiency                                                     31
       Hydrogen Economy                                                    32
      Conclusions                                                          32

  6. SOFC TECHNOLOGY OVERVIEW                                              33
      Solid Oxide Fuel Cell (SOFC): A Definition                           33
       Advantages                                                          33
        Pollution Index                                                    33
       Pitfalls                                                            34
        High Manufacturing Costs                                           34
        High Operating Temperature                                         34
      A Working Model of a SOFC                                            34
       1. Reduction of Oxygen into Negatively Charged Oxygen Ions ( O2-)
           at Cathode                                                      34
       2. Conduction Negatively Charged Oxygen Ions Through Electrolyte    35
       3. Oxidation of Hydrogen at Anode                                   35
      Architectural Dynamics                                               35
       Components of SOFCs                                                 35
        Cathode                                                            35
        Electrolyte                                                        36
        Anode                                                              36
        Interconnect                                                       37
       SOFC Component Materials & Properties                               37
        Yttria Stabilized Zirconia                                         37
        Nickel                                                             38
        Strontium Doped Lanthanum Magnetite                                38
        Lanthanum Chromite                                                 38
      SOFCs: An Evolution Scan                                             38
      Types of SOFCs                                                       39
       Classification by Design                                            39
        Planar SOFCs                                                       39
         Electrolyte-Supported Planar SOFCs                                39
         Electrode-Supported or Anode-Supported Planar SOFCs               39
         Drawbacks                                                         39
          Tubular SOFCs                                                    40
          What’s More Popular - Planar or Tubular?                         40
       Classification by Operating Temperatures                            40
        High Temperature SOFCs                                             40
         Advantages                                                        41
         Disadvantages                                                     41
        Intermediate Temperature SOFC                                      41
         The Math of Reducing Operating Temperature                        42
         Other Implications                                                42
         Research Focus                                                    42
        Advantages of Reducing Operating Temperatures                      43
         Disadvantages of Reducing Operating Temperatures                  43
          Research Developments in Intermediate Temperature SOFCs          43
      Applications of SOFCs                                                45
       Stationary Power Applications                                       45
       Standalone Power Generator                                          45
       Transportation                                                      45
        The PEMFC Edge                                                     46
       Mobile Electronic Equipments/Portable Energy Applications           46
       Space & Military                                                    47
        Table 2: US Market for Fuel Cells in Military Applications
        by Technology - PEMFC, Alkaline Fuel Cells, PAFC, MCFC, and
        SOFC:2004 & 2008 (P) (includes corresponding Graph/Chart)          47

  7. RESEARCH & TECHNOLOGY EFFERVESCENCE                                   48
      NEDO Tests Demonstrate Over 50% Efficiency of SOFC system            48
      Acumentrics, NRCan Investigate Prospects of Using Ammonia in
       SOFCs                                                               48
      New SOFC Technology from Japanese Scientists                         48
      Researcher Devises SOFC with Additional Features                     48
      US Scientists Design SOFC with Innovative Architectural Design       49
      Hosokawa Micron Unveils SOFC with Reduced Operating Temperature      49
      Scientists Develop Technology to Produce Nanostructured SOFCs        49
      Delphi Corporation Develops Fuel-Flexible SOFC Power System          49
      Scientists invent new electrode material                             50
      Toto Enhances the Overall Efficiency of SOFCs                        50

  8. RECENT INDUSTRY ACTIVITY                                              51
      FuelCell Energy Bags Contract $30.2 Million Contract                 51
      CFCL Inks Supply Agreement with CeramTec                             51
      Rolls-Royce Fuel Cells Systems Acquires SOFCo-EFS Holdings           51
      Acumentrics Ships 5kW SOFC System to Hera Holdings                   51

  9. FOCUS ON SELECT GLOBAL PLAYERS                                        52
      Acumentrics Corporation (USA)                                        52
       Acumentrics Canada Ltd (Canada)                                     52
      Adaptive Materials, Inc. (USA)                                       52
      Adelan Ltd. (UK)                                                     53
      Ceramic Fuel Cells Ltd. (Australia)                                  53
      Cummins Power Generation Inc (USA)                                   53
      Delphi Corporation (USA)                                             53
      FuelCell Energy, Inc. (US)                                           54
      GE Hybrid Power Generation Systems (USA)                             54
      Global Thermoelectric, Inc. (Canada)                                 55
      Hexis AG (Germany)                                                   55
      Rolls-Royce Fuel Cell Systems Ltd (UK)                               55
      Siemens Energy, Inc. (USA)                                           56
      Ztek Corporation (USA)                                               56

  10. GLOBAL MARKET PERSPECTIVE                                            57
      Table 3: World Recent Past, Current & Future Analysis for
      Solid Oxide Fuel Cells (SOFCs) by Geographic Region - US,
      Canada, Europe, Japan, and Rest of World Markets Independently
      Analyzed with Annual Revenues in US$ Million for the Years
      2007 through 2015 (includes corresponding Graph/Chart)               57

      Table 4: World 10-Year Perspective for Solid Oxide Fuel Cells
      (SOFCs) by Geographic Region -  Percentage Breakdown of
      Revenues for US, Canada,  Europe, Japan, and Rest of World
      Markets for Years 2007, 2010 and 2015 (includes corresponding
      Graph/Chart)                                                         58

  11. UNITED STATES                                                        59
      A.Market Analysis                                                    59
        Outlook                                                            59
        Market in North America: A Quick Primer                            59
        Market Drivers In a Capsule                                        59
        Market Inhibitors In a Capsule                                     60
        SECA: A Unique Initiative                                          60
        Stationary Power Application: The Largest End-Use Market           61
         Table 5: Stationary SOFC Market in North America: Revenue
         Contribution by SOFC Power Units by Output for Years 2004,
         2006 and 2009 (In %) (includes corresponding Graph/Chart)         61
         The Price Factor                                                  62
          A Peek Into Commercial Products & Products in the Pipeline       62
        Key Market Trends                                                  63
         The Shadow of Competition Grows Longer                            63
         An Unstructured Retail Space                                      64
         SOFC: Popular With Traditional Power Giants                       64
         SOFC Benefits from the Power Hungry World Population              64
         Clampdown on Pollution Encourages Technological Shift             64
         Government Backing Speeds Up Commercialization Process            65
         Strong Economy Leads to Faster Penetration/ Adaptation            65
         Sluggish Deregulation Process of Power Industry Affects
          SOFC Market                                                      65
         Competition from Allied Technologies                              65
         Competitive Landscape                                             66
      B.Market Analytics                                                   67
        Table 6: US Recent Past, Current & Future Analysis for Solid
        Oxide Fuel Cells (SOFCs) Analyzed with Annual Revenues in
        US$ Million for the Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         67

  12. CANADA                                                               68
       Market Analysis                                                     68
        Table 7: Canadian Recent Past, Current & Future Analysis for
        Solid Oxide Fuel Cells (SOFCs) Analyzed with Annual Revenues
        in US$ Million for the Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         68

  13. JAPAN                                                                69
      A.Market Analysis                                                    69
        A Primer                                                           69
        History of Fuel Cell Innovation in Japan                           69
        Kyoto Protocol Offers a Business Case for Fuel Cells               70
        Kyushu - Japan’s Fuel Cell Center                                  70
        Japan Lures Foreign Investments                                    71
      B.Market Analytics                                                   71
        Table 8: Japanese Recent Past, Current & Future Analysis for
        Solid Oxide Fuel Cells (SOFCs) Analyzed with Annual Revenues
        in US$ Million for the Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         71

  14. EUROPE                                                               72
      A.Market Analysis                                                    72
        Outlook                                                            72
        A Primer                                                           72
        Stationary SOFC Systems on the Upward Trajectory                   72
         Table 9: European SOFC Stationary Power Market: Percentage
         Revenue Breakdown of SOFC Systems by Power Output for the
         years 2004, 2006, 2008, and 2010 (includes corresponding
         Graph/Chart)                                                      73
         High Costs: A Major Issue                                         73
         Conventional Power Market: Still Going Strong                     73
      B.Market Analytics                                                   74
        Table 10: European Recent Past, Current & Future Analysis
        for Solid Oxide Fuel Cells (SOFCs) by Geographic Region -
        France, Germany, Italy, UK, and Rest of Europe Markets
        Independently Analyzed with Annual Revenues in US$ Million
        for the Years 2007 through 2015(includes corresponding
        Graph/Chart)                                                       74

        Table 11: European 9-Year Perspective for Solid Oxide Fuel
        Cells (SOFCs) by Geographic Region - Percentage Breakdown of
        Revenues for France, Germany, Italy, UK, and Rest of Europe
        Markets for the Years 2007, 2010 & 2015 (includes
        corresponding Graph/Chart)                                         75

  15. REST OF WORLD                                                        76
      A.Market Analysis                                                    76
        A Primer                                                           76
        India - Moving Towards Fuel Cell Technology                        76
        Rising Adoption of Fuel Cell Technology in the Middle East         76
      B.Market Analytics                                                   77
        Table 12: Rest of World Recent Past, Current & Future
        Analysis for Solid Oxide Fuel Cells (SOFCs) Analyzed with
        Annual Revenues in US$ Million for the Years 2007 through
        2015 (includes corresponding Graph/Chart)                          77


 COMPETITION

     Total Companies Profiled: 61 (including Divisions/Subsidiaries - 67)

     ------------------------------------------
     Region/Country                     Players
     ------------------------------------------
     The United States                    33
     Canada                                3
     Japan                                 6
     Europe                               22
      France                               1
      Germany                              7
      The United Kingdom                   4
      Italy                                1
      Rest of Europe                       9
     Asia-Pacific (Excluding Japan)        3
     ------------------------------------------