The global stationary fuel cell market is witnessing substantial growth, fueled by a rising need for sustainable energy solutions and advancements in fuel cell technologies. With a CAGR of 21.9%, the market is expected to reach USD 14.67 billion by 2030, offering efficient and low-impact energy solutions for residential and commercial applications. Governments globally are incentivizing fuel cell adoption, spurring innovations in efficiency and cost reduction. In Vietnam, partnerships between EVN and Ballard Power Systems are piloting fuel cell projects, aligning with the country's renewable energy goals. Thailand and Japan are also investing in fuel cells for distributed generation, with collaborations between Siam Gas, FuelCell Energy, and Panasonic driving market growth. South Korea's focus on a hydrogen economy led to Hyundai's acquisition of Doosan Fuel Cell, strengthening the country's position in fuel cell technology. In Singapore, Sembcorp Industries is at the forefront of fuel cell adoption, reflecting a broader trend towards sustainable energy and innovation in the region.