Ballooning Demand for Eco-Friendly Energy Sources Fueling Sales of Planar Solar Oxide Fuel Cells

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Due to the increasing concerns being raised over the rapid environmental degradation in several countries, the demand for eco-friendly energy sources is rising rapidly across the world. Moreover, the governments of many countries are implementing strict regulations and policies for mitigating the utilization of non-renewable energy sources for power generation. This is fueling the development and the growing popularity of alternative and environment-friendly energy sources such as the fuel cell technology.

In countries such as the U.S., Germany, and Japan, the regulatory authorities are enacting strict regulations for reducing the emission of toxic gases from various industries such as automotive, chemicals, and power generation. Moreover, as this technology exhibits high efficiency in power generation, it is increasingly being adopted in stationary power production processes. This technology also offers various other advantages such as very low levels of sulfur oxide (Sox) and nitrogen oxide (NOx) emissions and high fuel adaptability.

Furthermore, the mushrooming requirement for planar solid oxide fuel cells in several industries is causing a sharp surge in their sales across the world. Besides these factors, the ballooning requirement for these cells in the oil and gas industry is also creating lucrative growth opportunities for the planar solar oxide fuel cell-producing companies around the world. This is, in turn, fueling the expansion of the global planar solid oxide fuel cell market.

Separator plates, planar cells, seals, and manifolds are the main components used in planar solar oxide fuel cells. Out of these, the demand for planar cells was found to be the highest in the world during the last few years and this trend is predicted to continue in the coming years. Planar cells are the primary components in a planar solar oxide fuel cell and are therefore, required extensively in these cells.

The major application areas of planar solar oxide fuel cells are portable, stationary, and transportation. Out of these, the usage of planar solid oxide fuel cells was found to be the highest in stationary applications during the last few years. Moreover, the requirement for these fuel cells will surge in stationary applications in the future years, on account of the extensive usage of planar solar oxide cell fuel cells for providing backup power at various remote locations around the world.

This will be because of the existence of an aging or poorly developed power infrastructure in those regions. Globally, the sales of planar solid oxide fuel cells were the highest in Asia-Pacific (APAC) in the past years, as per the observations of P&S Intelligence, a market research company based in India. This trend is also likely to continue in the upcoming years, on account of the large-scale deployment of these fuel cells in the regional countries for providing backup power.

Hence, it is safe to say that the sales of planar solar oxide fuel cells will shoot up all over the world in the forthcoming years, primarily because of the rising requirement for eco-friendly power producing energy sources in several countries.

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