• Executive Summary o Market Overview • Market Landscape o Market ecosystem o Market characteristics o Value chain analysis • Market Sizing o Market definition o Market segment analysis o Market size 2019 o Market outlook o Market size and forecast for 2019 - 2024 • Five Forces Analysis o Five forces summary o Bargaining power of buyers o Bargaining power of suppliers o Threat of new entrants o Threat of substitutes o Threat of rivalry o Market condition • Market Segmentation by Product o Market segments o Comparison by Product o PEMFC - Market size and forecast 2019-2024 o PAFC - Market size and forecast 2019-2024 o SOFC - Market size and forecast 2019-2024 o Others - Market size and forecast 2019-2024 o Market opportunity by Product • Market Segmentation by Application o Market segments o Comparison by Application o Transport - Market size and forecast 2019-2024 o Stationary - Market size and forecast 2019-2024 o Portable - Market size and forecast 2019-2024 o Market opportunity by Application • Customer landscape • Geographic Landscape o Geographic segmentation o Geographic comparison o APAC - Market size and forecast 2019-2024 o Americas - Market size and forecast 2019-2024 o EMEA - Market size and forecast 2019-2024 o Key leading countries o Market opportunity by geography o Market drivers o Volume driver – Demand led growth o Market challenges o Market trends • Vendor Landscape o Overview o Vendor landscape o Landscape disruption • Vendor Analysis o Vendors covered o Market positioning of vendors o Aisin Seiki Co. Ltd. o Ballard Power Systems Inc. o Bloom Energy o FuelCell Energy Inc. o Panasonic Corp. o Proton Power Systems Plc o SFC Energy AG o Siemens AG o Toshiba Energy Systems & Solutions Corp. o Watt Fuel Cell Corp. • Appendix o Scope of the report o Currency conversion rates for US$ o Research methodology o List of abbreviations Exhibit • 1: Key Finding 1 • 2: Key Finding 2 • 3: Key Finding 3 • 4: Key Finding 5 • 5: Key Finding 6 • 6: Key Finding 7 • 7: Key Finding 8 • 8: Key Finding 9 • 9: Parent market • 10: Market characteristics • 11: Offerings of vendors included in the market definition • 12: Market segments • 13: Global - Market size and forecast 2019 - 2024 (MW) • 14: Global market: Year-over-year growth 2019 - 2024 (%) • 15: Five forces analysis 2019 & 2024 • 16: Bargaining power of buyers • 17: Bargaining power of suppliers • 18: Threat of new entrants • 19: Threat of substitutes • 20: Threat of rivalry • 21: Market condition - Five forces 2019 • 22: Product - Market share 2019-2024 (%) • 23: Comparison by Product • 24: PEMFC - Market size and forecast 2019-2024 (MW) • 25: PEMFC - Year-over-year growth 2019-2024 (%) • 26: PAFC - Market size and forecast 2019-2024 (MW) • 27: PAFC - Year-over-year growth 2019-2024 (%) • 28: SOFC - Market size and forecast 2019-2024 (MW) • 29: SOFC - Year-over-year growth 2019-2024 (%) • 30: Others - Market size and forecast 2019-2024 (MW) • 31: Others - Year-over-year growth 2019-2024 (%) • 32: Market opportunity by Product • 33: Application - Market share 2019-2024 (%) • 34: Comparison by Application • 35: Transport - Market size and forecast 2019-2024 (MW) • 36: Transport - Year-over-year growth 2019-2024 (%) • 37: Stationary - Market size and forecast 2019-2024 (MW) • 38: Stationary - Year-over-year growth 2019-2024 (%) • 39: Portable - Market size and forecast 2019-2024 (MW) • 40: Portable - Year-over-year growth 2019-2024 (%) • 41: Market opportunity by Application • 42: Customer landscape • 43: Market share by geography 2019-2024 (%) • 44: Geographic comparison • 45: APAC - Market size and forecast 2019-2024 (MW) • 46: APAC - Year-over-year growth 2019-2024 (%) • 47: Americas - Market size and forecast 2019-2024 (MW) • 48: Americas - Year-over-year growth 2019-2024 (%) • 49: EMEA - Market size and forecast 2019-2024 (MW) • 50: EMEA - Year-over-year growth 2019-2024 (%) • 51: Key leading countries • 52: Market opportunity by geography (MW) • 53: Impact of drivers and challenges • 54: Vendor landscape • 55: Landscape disruption • 56: Industry risks • 57: Vendors covered • 58: Market positioning of vendors • 59: Aisin Seiki Co. Ltd. - Overview • 60: Aisin Seiki Co. Ltd. - Business segments • 61: Aisin Seiki Co. Ltd. - Key offerings • 62: Aisin Seiki Co. Ltd. - Key customers • 63: Aisin Seiki Co. Ltd. - Segment focus • 64: Ballard Power Systems Inc. - Overview • 65: Ballard Power Systems Inc. - Business segments • 66: Ballard Power Systems Inc. - Key offerings • 67: Ballard Power Systems Inc. - Key customers • 68: Ballard Power Systems Inc. - Segment focus • 69: Bloom Energy - Overview • 70: Bloom Energy - Product and service • 71: Bloom Energy - Key offerings • 72: Bloom Energy - Key customers • 73: Bloom Energy - Segment focus • 74: FuelCell Energy Inc. - Overview • 75: FuelCell Energy Inc. - Business segments • 76: FuelCell Energy Inc. - Key offerings • 77: FuelCell Energy Inc. - Key customers • 78: FuelCell Energy Inc. - Segment focus • 79: Panasonic Corp. - Overview • 80: Panasonic Corp. - Business segments • 81: Panasonic Corp. - Key offerings • 82: Panasonic Corp. - Key customers • 83: Panasonic Corp. - Segment focus • 84: Proton Power Systems Plc - Overview • 85: Proton Power Systems Plc - Product and service • 86: Proton Power Systems Plc - Key offerings • 87: Proton Power Systems Plc - Key customers • 88: Proton Power Systems Plc - Segment focus • 89: SFC Energy AG - Overview • 90: SFC Energy AG - Business segments • 91: SFC Energy AG - Key offerings • 92: SFC Energy AG - Key customers • 93: SFC Energy AG - Segment focus • 94: Siemens AG - Overview • 95: Siemens AG - Business segments • 96: Siemens AG - Key offerings • 97: Siemens AG - Key customers • 98: Siemens AG - Segment focus • 99: Toshiba Energy Systems & Solutions Corp. - Overview • 100: Toshiba Energy Systems & Solutions Corp. - Product and service • 101: Toshiba Energy Systems & Solutions Corp. - Key offerings • 102: Toshiba Energy Systems & Solutions Corp. - Key customers • 103: Toshiba Energy Systems & Solutions Corp. - Segment focus • 104: Watt Fuel Cell Corp. - Overview • 105: Watt Fuel Cell Corp. - Product and service • 106: Watt Fuel Cell Corp. - Key offerings • 107: Watt Fuel Cell Corp. - Key customers • 108: Watt Fuel Cell Corp. - Segment focus • 109: Currency conversion rates for US$ • 110: Research Methodology • 111: Validation techniques employed for market sizing • 112: Information sources • 113: List of abbreviations

Aisin Seiki Co. Ltd., Ballard Power Systems Inc., Bloom Energy, FuelCell Energy Inc., Panasonic Corp., Proton Power Systems Plc, SFC Energy AG, Siemens AG, Toshiba Energy Systems & Solutions Corp., Watt Fuel Cell Corp.