The hydrogen plants market is witnessing significant growth, fueled by advancements in green hydrogen production, carbon capture technologies, and electrolysis methods. Key industry players are actively innovating to meet the rising demand across various sectors like industrial, transportation, and energy worldwide. In 2023, the global market was valued at US$ 56.5 billion and is anticipated to grow at an impressive CAGR of 15.8% from 2024 to 2034, reaching US$ 326.4 billion by 2034. This growth underscores the pivotal role of hydrogen in achieving energy transition objectives and reducing dependence on fossil fuels. The industry's rapid expansion is driven by the global shift towards low-carbon energy solutions, with a focus on cleaner hydrogen production methods such as green and blue hydrogen to cut carbon emissions and support decarbonization initiatives across industries. Leading players like Black & Veatch Holding Company, Air Liquide Engineering & Construction, and Technip Energies N.V. are at the forefront of driving innovation in hydrogen production and storage technologies. These companies are investing in carbon capture technologies and collaborating with renewable energy providers. For instance, Air Liquide is expanding its green hydrogen production facilities, while Technip Energies is strengthening its global presence through strategic partnerships. The increasing adoption of low-carbon hydrogen, especially green and blue hydrogen, reflects industries' quest for sustainable alternatives to traditional fossil fuels. Green hydrogen, produced via electrolysis using renewable energy sources, is gaining prominence as a highly sustainable option. Similarly, blue hydrogen, which combines carbon capture and storage with conventional production, is witnessing widespread acceptance due to its lower emissions footprint. With governments worldwide enforcing stricter environmental regulations and incentivizing renewable energy, the hydrogen market is poised for considerable growth, making it vital for achieving sustainable energy transition goals.