Solid Oxide Fuel Cell Market Is Expected To Expand At A CAGR Of 40.7% From 2024 To 2030
Solid Oxide Fuel Cell Industry Overview
The global solid oxide fuel cell market size was estimated at USD 627.43 million in 2023 and is expected to grow at a CAGR of 40.7% from 2024 to 2030.
The increasing private-public partnerships are one of the key factors fostering market growth. Solid oxide fuel cells (SOFC) are one of the fastest-growing alternate backup power options, primarily due to...
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