PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT • 2.1 Preface • 2.2 Preface • 2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 04: MARKET SIZING • Market definition • Market sizing 2018 • Market size and forecast 2018-2023 PART 05: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 06: MARKET SEGMENTATION BY APPLICATION • Market segmentation by application • Comparison by application • Stationary - Market size and forecast 2018-2023 • Transport - Market size and forecast 2018-2023 • Portable - Market size and forecast 2018-2023 • Market opportunity by application PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE • Geographic segmentation • Geographic comparison • Americas - Market size and forecast 2018-2023 • APAC - Market size and forecast 2018-2023 • EMEA - Market size and forecast 2018-2023 • Key leading countries • Market opportunity PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 11: MARKET TRENDS • Rising strategic partnerships and R&D activities • Growing adoption in material handling applications • Increasing adoption of microgrids PART 12: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive scenario PART 13: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • Ballard Power Systems Inc. • Bing Energy Inc. • Freudenberg SE • Horizon Fuel Cell Technologies Pte. Ltd. • Hydrogenics Corp. • Nuvera Fuel Cells LLC • Plug Power Inc. • PowerCell Sweden AB • Proton Power Systems Plc • Sunrise Power Co. Ltd. PART 14: APPENDIX • Research methodology • List of abbreviations • Definition of market positioning of vendors PART 15: EXPLORE TECHNAVIO   Exhibit 01: Vendor – Key offerings Exhibit 02: Global renewable energy market Exhibit 03: Segments of global renewable energy market Exhibit 04: Market characteristics Exhibit 05: Market segments Exhibit 06: Market definition - Inclusions and exclusions checklist Exhibit 07: Market size 2018 Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions) Exhibit 09: Global market: Year-over-year growth 2019-2023 (%) Exhibit 10: Five forces analysis 2018 Exhibit 11: Five forces analysis 2023 Exhibit 12: Bargaining power of buyers Exhibit 13: Bargaining power of suppliers Exhibit 14: Threat of new entrants Exhibit 15: Threat of substitutes Exhibit 16: Threat of rivalry Exhibit 17: Market condition - Five forces 2018 Exhibit 18: Application - Market share 2018-2023 (%) Exhibit 19: Comparison by application Exhibit 20: Stationary - Market size and forecast 2018-2023 ($ millions) Exhibit 21: Stationary - Year-over-year growth 2019-2023 (%) Exhibit 22: Transport - Market size and forecast 2018-2023 ($ millions) Exhibit 23: Transport - Year-over-year growth 2019-2023 (%) Exhibit 24: Portable - Market size and forecast 2018-2023 ($ millions) Exhibit 25: Portable - Year-over-year growth 2019-2023 (%) Exhibit 26: Market opportunity by application Exhibit 27: Customer landscape Exhibit 28: Market share by geography 2018-2023 (%) Exhibit 29: Geographic comparison Exhibit 30: Americas - Market size and forecast 2018-2023 ($ millions) Exhibit 31: Americas - Year-over-year growth 2019-2023 (%) Exhibit 32: APAC - Market size and forecast 2018-2023 ($ millions) Exhibit 33: APAC - Year-over-year growth 2019-2023 (%) Exhibit 34: EMEA - Market size and forecast 2018-2023 ($ millions) Exhibit 35: EMEA - Year-over-year growth 2019-2023 (%) Exhibit 36: Key leading countries Exhibit 37: Market opportunity Exhibit 38: Impact of drivers and challenges Exhibit 39: Vendor landscape Exhibit 40: Landscape disruption Exhibit 41: Vendors covered Exhibit 42: Vendor classification Exhibit 43: Market positioning of vendors Exhibit 44: Ballard Power Systems Inc. - Vendor overview Exhibit 45: Ballard Power Systems Inc. - Business segments Exhibit 46: Ballard Power Systems Inc. - Organizational developments Exhibit 47: Ballard Power Systems Inc. - Geographic focus Exhibit 48: Ballard Power Systems Inc. - Key offerings Exhibit 49: Bing Energy Inc. - Vendor overview Exhibit 50: Bing Energy Inc. - Key offerings Exhibit 51: Freudenberg SE - Vendor overview Exhibit 52: Freudenberg SE - Business segments Exhibit 53: Freudenberg SE - Organizational developments Exhibit 54: Freudenberg SE - Geographic focus Exhibit 55: Freudenberg SE - Segment focus Exhibit 56: Freudenberg SE - Key offerings Exhibit 57: Horizon Fuel Cell Technologies Pte. Ltd. - Vendor overview Exhibit 58: Horizon Fuel Cell Technologies Pte. Ltd. - Key offerings Exhibit 59: Hydrogenics Corp. - Vendor overview Exhibit 60: Hydrogenics Corp. - Business segments Exhibit 61: Hydrogenics Corp. - Organizational developments Exhibit 62: Hydrogenics Corp. - Geographic focus Exhibit 63: Hydrogenics Corp. - Segment focus Exhibit 64: Hydrogenics Corp. - Key offerings Exhibit 65: Nuvera Fuel Cells LLC - Vendor overview Exhibit 66: Nuvera Fuel Cells LLC - Organizational developments Exhibit 67: Nuvera Fuel Cells LLC - Key offerings Exhibit 68: Plug Power Inc. - Vendor overview Exhibit 69: Plug Power Inc. - Organizational developments Exhibit 70: Plug Power Inc. - Key offerings Exhibit 71: PowerCell Sweden AB - Vendor overview Exhibit 72: PowerCell Sweden AB - Organizational developments Exhibit 73: PowerCell Sweden AB - Geographic focus Exhibit 74: PowerCell Sweden AB - Key offerings Exhibit 75: Proton Power Systems Plc - Vendor overview Exhibit 76: Proton Power Systems Plc - Business segments Exhibit 77: Proton Power Systems Plc - Organizational developments Exhibit 78: Proton Power Systems Plc - Geographic focus Exhibit 79: Proton Power Systems Plc - Key offerings Exhibit 80: Sunrise Power Co. Ltd. - Vendor overview Exhibit 81: Sunrise Power Co. Ltd. - Key offerings Exhibit 82: Validation techniques employed for market sizing Exhibit 83: List of abbreviations Exhibit 84: Definition of market positioning of vendors

• Ballard Power Systems Inc. • Bing Energy Inc. • Freudenberg SE • Horizon Fuel Cell Technologies Pte. Ltd. • Hydrogenics Corp. • Nuvera Fuel Cells LLC • Plug Power Inc. • PowerCell Sweden AB • Proton Power Systems Plc • Sunrise Power Co. Ltd.