The global Fuel Cell Electric Vehicle (FCEV) market is on track for substantial growth, supported by a shift towards sustainable transportation. FCEVs, powered by hydrogen fuel cells, offer a promising solution for decarbonizing the transportation sector. The market, currently valued at USD 4.87 billion, is expected to grow at a CAGR of approximately 26.4% from 2025 to 2032. Key drivers propelling this growth include stringent environmental regulations, technological advancements enhancing fuel cell efficiency, infrastructure developments in hydrogen refueling stations, and a rising demand for clean vehicles. Governments worldwide are enforcing emissions regulations, favoring cleaner technologies like FCEVs that produce zero direct CO2 emissions. Notable examples include the EU's 'Green Deal' and Japan's commitment to net-zero emissions by 2050. Technological progress in hydrogen fuel cells, supported by automakers' substantial R&D investments, is making FCEVs more attractive and feasible for consumers and fleet operators. The expansion of hydrogen refueling infrastructure globally is addressing the previous challenge of limited refueling stations, particularly in regions like Europe, North America, and Asia. This development is crucial in overcoming range anxiety associated with FCEVs. Consumer preference for eco-friendly transportation is growing, boosting the demand for electric vehicles. FCEVs, particularly in commercial transportation sectors like buses and trucks, are set to capture a significant market share due to their advantages in range and refueling times. Market segmentation highlights the popularity of FCEVs in both passenger and commercial vehicle categories, with leading automakers already offering models like Toyota Mirai and Hyundai Nexo. The market is further segmented by region, showcasing active investments in hydrogen infrastructure in North America, Europe, and Asia Pacific. Fuel cell types, such as Proton Exchange Membrane (PEM) and Solid Oxide Fuel Cells (SOFC), are pivotal in driving FCEV performance. PEM fuel cells, known for their efficiency and quick startup, are expected to dominate the market, while SOFCs are being explored for larger applications. The future of transportation seems promising with the accelerated adoption of FCEVs, signaling a significant move towards sustainable and clean energy solutions.