The global hydrogen market is experiencing substantial growth driven by increased demand for sustainable energy solutions and supportive government policies. GlobalData's report highlights how startups are playing a pivotal role in shaping the low-carbon hydrogen market by addressing challenges in production, storage, and application across various sectors. Tejal Hartalkar from GlobalData emphasizes the role of startups in driving advancements in hydrogen technology to achieve decarbonization and sustainability goals. Key startups such as Hysata, Electric Hydrogen, Modern Hydrogen, and SoHHytec are mentioned for their contributions to green, turquoise, yellow, and gold hydrogen production, respectively. These startups are developing innovative technologies like capillary-fed electrolysis, methane pyrolysis, and solar power integration to reduce costs and improve efficiency. While challenges like regulatory barriers and technology scaling persist, startups are enhancing accessibility and economic viability of low-carbon hydrogen. The importance of strategic collaborations, policy support, and investments in the sector is highlighted to further accelerate the momentum. However, regional infrastructure gaps and the need for improved safety standards are crucial factors in realizing hydrogen's potential as a transformative element in achieving a net-zero economy.