The hydrogen generation market has experienced significant growth, with the market size increasing from $153.42 billion in 2024 to $166.5 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. This growth is attributed to various factors such as industrial hydrogen demand, environmental regulations, and the adoption of hydrogen as a clean fuel. The report covers market characteristics, segmentation, regional breakdowns, and competitive landscape. Asia Pacific dominated the market in 2024, and it is expected to continue growing rapidly. The forecast for the market is positive, with an estimated value of $229.72 billion in 2029 at a CAGR of 8.4%. This growth will be fueled by investments in hydrogen infrastructure, scaling up production, and the increasing focus on green hydrogen projects. Major trends include technological innovations, policy support, and the integration of hydrogen with renewable energy systems. The industrial sector's demand for hydrogen is a significant driver of market expansion, with the International Energy Agency reporting a global increase in hydrogen usage. The report also highlights the potential boost in market growth from the expansion of oil and gas pipelines. Notable trends include advancements in green hydrogen production technologies. The report provides a detailed scope of the market, covering types, sources, generation and delivery modes, technologies, applications, subsegments, countries, regions, and a time series analysis. Key companies profiled in the report include Air Liquide SA, Air Products Inc., Iwatani Corporation, McPhy Energy SA, and Messer Group GmbH. The growth forecast and market insights present a positive outlook for the hydrogen generation market.