The market for hydrogen vehicles is seeing significant growth, with the global market projected to exceed USD 427.3 billion by 2031, showcasing a CAGR of 29.4%. Hydrogen energy is gaining attention as a clean, adaptable, and efficient solution, playing a pivotal role in the shift towards low-carbon energy systems. Its versatility across transportation, power generation, and industrial sectors positions hydrogen as a transformative force. Notably, hydrogen as a fuel produces only water vapor, making it a zero-emission source, particularly valuable in the transportation sector. Hydrogen fuel cell vehicles offer benefits like longer ranges and shorter refueling times, making them attractive for emission reduction. Regulatory initiatives like the Clean Hydrogen Production Credit in the U.S. and policy incentives globally reflect the increasing significance of hydrogen in sustainable energy strategies. Challenges persist in developing effective hydrogen storage solutions and addressing technical limitations to broaden market adoption. The market is driven by governmental support, investments in research, and advancements in fuel cell technology.