The global hydrogen market, as reported by SkyQuest, is experiencing significant growth, with a value of USD 225.15 billion in 2022 expected to rise to USD 442.63 billion by 2031, showcasing a CAGR of 7.8% during the forecast period of 2024-2031. The push towards decarbonization is fueling a high demand for clean energy, creating a lucrative landscape for hydrogen suppliers. The development of new engines powered by hydrogen, along with the increasing popularity of hydrogen-based transportation, is set to drive further growth in the market. Investments in establishing new hydrogen generation plants globally are anticipated to boost revenue for market players in the future. The market segments include various sectors, applications, and regions, with an emphasis on green hydrogen generation. The focus on sustainable hydrogen generation remains a top priority for companies in the sector, with a strong emphasis on revenue generation in the generation segment. Investments in research and development of innovative hydrogen generation technologies are expected to maintain a dominant market share. Green hydrogen generation is projected to lead the market in the long term. The storage segment is also anticipated to grow significantly, driven by the increasing need for better storage solutions as hydrogen usage expands worldwide. Energy applications, particularly in power generation and mobility, are set to be the key revenue drivers for hydrogen providers. The integration of hydrogen with other clean energy sources is poised to transform the energy industry, with hydrogen-powered vehicles offering new opportunities in the mobility sector. The global hydrogen market presents abundant opportunities for companies to invest across various segments, including storage and transportation, with promising returns foreseen in the context of the global shift towards clean and renewable energy. SkyQuest Technology, an IP-focused Research and Investment Bank, provides insights and access to technologies in sectors like CleanTech and Life Sciences, supporting innovation and commercialization efforts globally.