The global hydrogen technology TIC market is experiencing significant growth, with a value of USD 4.1 billion in 2024 and projected to reach USD 9.2 billion by 2029 at a CAGR of 17.8%. Factors such as the push for clean energy, government support for decarbonization in various industries, and advancements in hydrogen infrastructure are contributing to this growth. Grey hydrogen is anticipated to be the dominant market player due to the cost-effectiveness of natural gas in its production. The mobility sector, particularly transportation, is expected to witness rapid growth, with hydrogen being increasingly utilized to power various vehicles including cars, buses, trucks, trains, ships, and aircrafts. Fuel cell vehicles (FCVs) are gaining momentum as they operate on hydrogen and oxygen, producing electricity with water vapor as the only emission, offering emission-free transportation. The Asia-Pacific region is leading the global hydrogen technology TIC market, driven by rapid industrialization in sectors like chemicals, manufacturing, and energy, coupled with stringent safety regulations and government initiatives for clean energy.