Blockchain Press Releases
Solid Oxide Fuel Cell Market size worth $ 1329.12 Million, Globally, by 2030 at 11.28% CAGR: Verified Market Research®
The “Global Solid Oxide Fuel Cell Market Size By Application, By Type, By End User, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Solid Oxide Fuel Cell Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — The Global Solid Oxide Fuel Cell Market is projected to grow at a CAGR of 11.28% from 2022 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 554.51 Million in 2021 and is expected to reach USD 1329.12 Million by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=25021
Browse in-depth TOC on “Solid Oxide Fuel Cell Market“
202 – Pages
126 – Tables
37 – Figures
Rising Applications of Solid Oxide Fuel Cells (SOFCs) in the Military Sector and End-User Adoption will boost the market growth during forecast period
Modern electrochemical systems called Solid Oxide Fuel Cells (SOFCs) directly generate electricity by oxidising fuel. High efficiency, long-term stability, fuel flexibility, minimal emissions, and cost-effectiveness are just a few advantages that these fuel cells may provide. The market for SOFCs is being driven by a number of factors, including expanding end-user adoption, rising military application rates, and new technological and energy demand trends. It also analyses regional market dynamics in North America as well as the obstacles to industry growth.
Solid Oxide Fuel Cell Market Drivers
- Because they can power a variety of devices, including military robots, UAVs, and communications equipment, SOFCs are increasingly used in the military. Their usefulness in military applications has been further increased by the development of portable and noiseless SOFCs.
- In both home and business settings, SOFCs are becoming more and more common, especially for powering electronics like computers that have historically relied on batteries. The advantages of employing SOFCs for their energy efficiency and low emissions are being recognised by end users.
- Hybrid SOFC technologies, which can run on several fuels and offer better flexibility and efficiency in power generation, are starting to appear on the market.
- The adoption of SOFCs as an energy-efficient alternative is being fueled by the increased demand for sustainable energy sources and distributed power generation.
- In energy-intensive data centres, SOFCs are being employed more and more to improve operating performance and enable real-time data backup.
Solid Oxide Fuel Cell Market Growth Elements
- A widening range of applications and Solid Oxide Fuel Cell Market growth are being fueled by ongoing product advancements, such as the creation of portable and noiseless SOFCs for military use.
- The development of SOFC technology and the expansion of its applications are both being aided by extensive research and development activities in fuel cell programmes.
- The use of SOFCs is being accelerated by the deployment of favourable government policies encouraging renewable energy initiatives.
Solid Oxide Fuel Cell Market Restraints
- The widespread use of SOFCs is hampered by technical issues such high start-up times and operating temperatures.
- Some potential customers may find the initial capital expense of establishing SOFC systems to be prohibitive.
- Alternative power generating technologies compete with SOFCs, which can impede market expansion in some applications.
Solid Oxide Fuel Cell Market Regional Analysis
During the projection period, the North American region is anticipated to lead Solid Oxide Fuel Cell Market growth. Key factors influencing the adoption of SOFC in the region are the increased emphasis on research and development for hydrogen generation and the rising demand for fuel cell power generation.
Key Players in Solid Oxide Fuel Cell Market
The study report will provide valuable insight with an emphasis on the global market. The major players in the market are Bloom Energy, Ceres Power Holdings, Hexis, Sunfire, Watt Fuel Cell Corporation, Elcogen, Ultra Undersea Sensor Systems, Atrex Energy, Aisin Seiki, Convion Fuel Cell Systems, Fuelcell Energy, Solidpower, Protonex, General Electric, and Ztek Corporation are a few major companies operating in the Solid Oxide Fuel Cell market.
Strong growth in the Solid Oxide Fuel Cell (SOFC) market is being fueled by increasing end-user adoption, rising military application rates, and new technological and energy demand trends. The market’s future appears bright despite obstacles like technological difficulties, high capital costs, and competition from alternative technologies. With its emphasis on sustainable energy initiatives and R&D activities, the North American region is anticipated to play a crucial function in enabling the market’s growth in the ensuing years.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Solid Oxide Fuel Cell Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Solid Oxide Fuel Cell Market into Application, Type, End-User, And Geography.
- Solid Oxide Fuel Cell Market, by Application
- Combined Heat & Power
- Military
- Power Generation
- Solid Oxide Fuel Cell Market, by Type
- Tubular
- Planar
- Solid Oxide Fuel Cell Market, by End-User
- Telecom Tower
- Auxiliary Power Unit
- Residential
- Data Centers
- Commercial & Retail
- Portable & unmanned Systems
- Solid Oxide Fuel Cell Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
Browse Related Reports:
Stationary Fuel Cells Market By Capacity (1 KW to 5kW, 5kW to 250kW), By Type (Phosphoric Acid Fuel Cell (PAFC), Molten Carbonate Fuel Cell (MCFC)), By Application (Prime Power, Uninterrupted Power Supply (UPS)), By End Users (Transportation, Defense), By Geography, And Forecast
Fuel Cell Market By Product (PEMFC, PEFC, SOFC, MCFC ), By Application (Stationary, Transportation, Portable), By Geography, And Forecast
Hydrogen Fuel Cell Bipolar Plate Market By Type (Graphite Plate, Metal Plate, Composite Plate), By Application (Hydrocarbon Fuel Cells, Hydrogen Oxygen Fuel Cells), By Geography, And Forecast
Battery & Fuel Cell Material Market By Product (Metals, Polymers, Carbon/graphite, Other), By Application (Active Materials, Current Collectors, Containers, Electrolytes), By Geography, And Forecast
5 Leading Solid Oxide Fuel Cells generating energy by oxidizing fuel
Visualize Solid Oxide Fuel Cell Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: [email protected]
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/solid-oxide-fuel-cell-market-size-worth–1329-12-million-globally-by-2030-at-11-28-cagr-verified-market-research-301886128.html
PANAMA CITY, April 22, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, kicks off its 7th anniversary as a Platinum Sponsor at TOKEN2049 Dubai. This premier Web3 gathering marks the beginning of a global series of festivities commemorating BingX’s milestone. As the anniversary unfolds, BingX will continue its celebration with a lineup of offline events around the world, uniting users, partners, and communities in a shared journey of growth and gratitude.
Attendees at the TOKEN2049 conference will be able to enjoy the vibrant anniversary spirit that infuses the event experience. The celebratory atmosphere, from immersive booth interactions to BingX-branded boats adorning the waterfront, highlights the connections BingX has built with its global user base. Attendees will also have the opportunity to meet BingX’s core team, provide feedback, and discover the strategy and innovation behind the platform’s latest product developments. In addition, BingX will host a private side event, bringing together key partners, traders, and community members for a meaningful evening of connection and reflection.
“We are proud to mark our 7th anniversary with meaningful moments alongside our global community,” said Vivien Lin, Chief Product Officer of BingX. “Dubai is one of the many ideal places to celebrate how far we’ve come — not just as a platform, but as a user-first brand. From our early days to now being a top 5 derivative platform, our journey has been shaped by every user, every conversation, and the stories they tell. By showing up at TOKEN2049 as a major sponsor, we are reinforcing our belief that innovation starts with us listening.”
BingX’s celebration is already well underway. The “Your Voice, Our Story” Campaign invited users to share their personal journeys with BingX, shining a light on the very community that helped shape the platform. Chelsea FC and BingX also teamed up to launch the Bitcoin Fantasy 7 campaign, giving fans the chance to build their dream team and win exclusive prizes. Coming up next is a global trading campaign featuring various competitions, community rewards, and special giveaways as well. Together, activities reflect BingX’s commitment to creating fun, rewarding experiences that strengthen its connection with users worldwide
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
Photo – https://mma.prnewswire.com/media/2670144/BingX.jpg
Logo – https://mma.prnewswire.com/media/2310183/BingX_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bingx-marks-7-years-with-grand-celebrations-at-token2049-dubai-302434627.html
Blockchain Press Releases
MEXC Exchange Report Shows Airdrops Resulting in Up to 35% New User Registrations
VICTORIA, Seychelles, April 22, 2025 /PRNewswire/ — A report released by MEXC, a leading global crypto exchange, indicates that airdrop campaigns account for approximately one-third of new user registrations during peak months. The numbers showcase the effectiveness of airdrops as a marketing instrument that crypto projects can leverage to attract new audiences and bootstrap engagement. The report also highlights the importance of ongoing structural shifts taking place in the industry across regions, as well as user motivation swings.
Key Takeaways:
- Peak user acquisition rates driven by airdrops reach up to 35% in certain months.
- User behavior is influencing airdrop campaign participation through deeper mobile penetration and the involvement of gamification mechanisms.
- 76% of users who sign up via airdrop campaigns remain on the platform, with 18% becoming active traders and 58% trading occasionally.
- The CIS region leads in terms of involvement at 67%, followed by Southeast Asia at 51%, and South Asia at 32%.
- Airdrops are evolving into a means of financial inclusion, in addition to acting as an effective marketing instrument.
MEXC analyzed user behavior during airdrop campaigns and identified a significant shift in the audience. While regions with low levels of access to banking services previously served as the main source of airdrop participants, the latest report indicates that new channels of user onboarding are ousting the trend. Gamification and Tap-to-Earn games in mobile-based Telegram channels are taking center stage as key registration sources for users with no previous experience in crypto. For instance, games like Hamster Kombat attracted over 70 million users, other notable examples of similar grade being Notcoin and Yescoin.
According to the data compiled as a result of the research, users who received their first airdrop tokens demonstrated varying degrees of continued involvement in the crypto industry. As many as 18% maintained active trading patterns and delved deeper into crypto services, 58% traded occasionally, while 24% were one-off users, withdrawing their funds without further engagement in trading. The users who evolve into active traders showcase an average daily trading volume above $58,000, with select ones achieving $31 million.
Regional segmentation of the users attracted via airdrops shows that the CIS is in a leading position, with 67% of the total, followed by Southeast Asia at 51%, and South Asia with 32%. The results of the analysis correlate with low levels of access to banking services in the given regions. They also align with data provided by Chainalysis, which positioned India, Vietnam, and the Philippines as the countries in Asia with the highest rates of crypto adoption, driven by low levels of banking services access and rapid spread of internet coverage in rural areas.
The limited financial inclusion of the countries in the indicated regions into the international banking system paves the way for cryptocurrencies to act as alternative means of payment both abroad and within domestic economies. Users participating in airdrops either withdraw them to fiat or use them for their needs. Pakistan and the Philippines are leading in this regard.
The report released by MEXC highlights the prominent role airdrops are occupying in the evolving crypto landscape, transforming from a marketing action into a separate instrument for user engagement. The ability to attract 35% new user registrations via airdrops in select regions like the CIS and Asia is a powerful factor acting in favor of using the given approach to expanding the crypto industry and advancing its maturity.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
For more information, visit: MEXC Official Website | X | Telegram | How to Sign Up on MEXC
Photo – https://mma.prnewswire.com/media/2669801/1920×1080.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-exchange-report-shows-airdrops-resulting-in-up-to-35-new-user-registrations-302434393.html
Blockchain Press Releases
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Photo – https://mma.prnewswire.com/media/2668781/1920×1080.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-announces-listing-of-hyperlane-hyper-with-a-165-000-hyper-and-50-000-usdt-prize-pool-302433327.html
-
Blockchain Press Releases6 days agoHTX Completes Fireblocks Off-Exchange Integration, Advancing Institutional Trading Security and Efficiency
-
Blockchain6 days ago
Good Game Reality Show Reimagines Global Gaming Stardom with Tokenized Memberships and Real-Life Lounges
-
Blockchain7 days agoBlocks & Headlines: Today in Blockchain – April 15, 2025 | JPMorgan, Signing Day Sports, Moreno, Russia Global Forum, Kalp Studio
-
Blockchain6 days ago
Fifth Era Acquisition Corp I Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing April 21, 2025
-
Blockchain Press Releases3 days agoBybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
-
Blockchain4 days ago
Relm Insurance and Liva Insurance Obtain Central Bank Approval in the UAE for Web3 Insurance Solutions
-
Blockchain Press Releases5 days agoStrike Gold This Easter: Bybit Card’s 24K Gold Treasure Hunt
-
Blockchain6 days agoRWA Inc. Appoints Fintech Executive and Entrepreneur Shaunt Sarkissian to Its Board of Directors
