The 'Hydrogen Transition Outlook and Trends Q4 2024' report by ResearchAndMarkets.com provides an analysis of the global hydrogen sector, highlighting the announcement of 12 new hydrogen plants in Q3-2024. While there was a decrease in announced capacity compared to the previous quarter, the sector still exhibited growth year-on-year. The report emphasizes that hydrogen project activity often slows down towards the end of the year due to fiscal year-end budgeting and planning. Noteworthy key highlights include North America leading in overall capacity, Europe dominating post-feasibility projects, and a rise in mega-project participation from the MEA and APAC regions. Moreover, approximately 2mtpa of low-carbon hydrogen was announced in Q3 2024, indicating a marginal decline from the previous quarter. The report covers a breakdown of hydrogen capacity by development stage, top capacities per country, key companies involved, and upcoming low-carbon hydrogen projects. It also delves into market trends, deals, contracts, and policy support within the sector, aiming to provide insights for stakeholders to understand the evolving landscape of the hydrogen market and its significance on the global agenda.