In 2024, the market for hydrogen fuel cell vehicles surged with the US bill for hydrogen fuel cell vehicles rising from USD 2.56 billion in 2025 to USD 170.74 billion in 2034, with a CAGR of 52.3%. Hydrogen fuel cell vehicles (HFCVs) are becoming increasingly popular due to their efficiency and environmental benefits. These vehicles utilize hydrogen fuel to generate electricity, emitting only water vapor and warm air. Governments worldwide are actively promoting the transition to HFCVs through subsidies, infrastructure development, and partnerships with private entities. This global initiative accelerates market growth. Key players like Toyota, Hyundai, and Honda are investing in unique fuel cell technology and expanding their product lines.