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2026-06-02 10:47:36

SOFC and SOEC Market Set to Reach USD 10.53 Billion by 2034 Driven by Hydrogen Economy Expansion and Clean Energy Transition

According to a report by Intel Market Research, the global SOFC and SOEC market was valued at USD 1.73 billion in 2025 and is projected to reach USD 10.53 billion by 2034, expanding at a remarkable CAGR of 30.0% during the forecast period. The market is witnessing rapid growth due to increasing global decarbonization efforts, rising investments in green hydrogen production, and growing demand...

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