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
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5 Leading Solid Oxide Fuel Cells generating energy by oxidizing fuel
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Blockchain Press Releases
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:
On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.
Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.
If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:
Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423
[email protected]
[email protected]
Blockchain Press Releases
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
DUBAI, UAE, Jan. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized as the second most popular cryptocurrency exchange globally, according to the latest report from CryptoQuant. The “2024 Crypto Survey: Exchange Use and Investor Behavior” underscores Bybit’s unmatched appeal to professional traders, commitment to security, and innovative offerings that cater to a diverse, global user base.
Bybit’s platform has become a hub for full-time traders, with 52% of surveyed users identifying as professionals—outperforming rivals OKX (38%) and Binance (37%). This success is supported by initiatives like the Bybit Broker Program, which has onboarded over 700 new clients in 2024, raising the total to 1,500 institutional clients. Additionally, Bybit’s Unified Trading Account (UTA) simplifies trading by centralizing spot, futures, and options activities in one seamless interface. Supporting over 70 cryptocurrencies as collateral, this system empowers traders to maximize their capital efficiency by using unrealized profits as margin across various products. UTA’s role in managing 99% of the platform’s trading volume showcases its importance to Bybit’s ecosystem.
Furthermore, Bybit’s integration of MetaTrader 5 allows users to diversify into traditional markets, such as Gold and FX, using USDT, marking another step forward in meeting the needs of professional traders.
Bybit’s global popularity spans regions including Africa, South America, the Middle East, Asia, Europe, and Oceania, where it maintains a dominant presence. Even as the exchange strategically exits certain jurisdictions to comply with regulatory requirements, Bybit’s adherence to a compliance-first approach ensures sustainable growth in markets with clear regulatory frameworks. This adaptability has strengthened Bybit’s position as a trusted and reliable global platform.
The report also acknowledges Bybit’s excellence in security, customer service, and P2P trading, where it ranks as the third-best exchange globally. These accolades reflect Bybit’s dedication to delivering a secure, user-focused experience that builds trust and loyalty within its growing community.
Joan Han, Sales & Marketing Director at Bybit, shared:
“This achievement reflects our team’s unwavering dedication and commitment to delivering a world-class trading experience. We actively listen to our clients’ requests and continuously improve our tools to ensure a smoother trading journey. Our ability to adapt and thrive in diverse markets speaks to the strength of our vision and our focus on fostering a secure, accessible, and professional crypto ecosystem. As we continue to innovate and grow, we remain dedicated to empowering traders worldwide with the tools and trust they need to succeed.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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TOKYO, Jan. 17, 2025 /PRNewswire/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf.
Golfin’s Key Highlights at Web3 Hub Davos 2025:
- Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025, from 17:53 to 18:03 local time.
- Innovative Technology Integration: Golfin’s combination of NFTs and GPS technology allows players to create a seamless link between real-world and digital golf experiences.
- Industry Impact: Golfin aims to modernize the golf industry while addressing global economic disparities by building ecosystem that merges sports, entertainment, and blockchain technology
- Global Partnerships: Golfin has formed strategic partnerships with leading organizations, including the ZOZO Championship and Seibu Group, to expand its reach and integrate real-world golf experiences with digital rewards.
Golfin’s Approach to Web3 Golf:
Enhancing Golf Through Innovation: Golfin revolutionizes the golf experience by allowing players to earn points through real-world gameplay on verified golf courses. These points can be used to enhance their digital gameplay, creating a seamless connection between physical activity and in-game progression. Additionally, players can collect exclusive in-game items and trade NFTs, adding value and depth to both their golfing and gaming experiences.
Vision for the Future:
Golfin is committed to transforming the traditional golf industry by integrating Web3 technology to create a more immersive and accessible golfing experience. By fostering strategic partnerships and engaging global decision-makers, Golfin plans to expand its ecosystem and drive innovation in both the sports and blockchain sectors.
About Golfin GPS: The Golfin GPS app connects real golf with digital gameplay. Players earn points while playing at certified golf courses.
For More Information: golfin.io & web3hubdavos.com .
Join the Movement: Stay updated and join Golfin’s Web3 revolution by visiting the official website or following on Twitter (JP), Twitter (Global), Discord, Instagram, & Linktree.
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