The global alkaline fuel cell market is experiencing significant growth and is currently valued at approximately USD 71.36 billion. Projections suggest that by 2034, the market will expand to around USD 150 billion. This growth is attributed to the increasing demand for clean energy solutions worldwide, with alkaline fuel cells offering high efficiency and cost-effectiveness, making them suitable for various applications such as transportation and stationary power generation. The emphasis on reducing carbon emissions and transitioning to sustainable energy sources is fueling investments in AFC technology. Furthermore, advancements in fuel cell technology are improving the overall performance and reliability of alkaline fuel cell systems, further propelling market expansion. Key market players are actively engaged in research and development efforts to innovate and enhance these systems for better efficiency and effectiveness.