The Fuel Cell Vehicle (FCV) market is on a trajectory of substantial growth, with an estimated value of USD 4.1 billion in 2025 and a projected value of USD 77.7 billion by 2034, showcasing a remarkable CAGR of 38.6%. This growth is propelled by the global transition towards sustainable transportation, where hydrogen fuel technology plays a pivotal role in reducing greenhouse gas emissions. FCVs are highlighted for their efficiency, long driving ranges, and zero emissions, making them essential in the fight against climate change and urban air pollution. Automakers like Toyota, Hyundai, and Honda are making significant strides in FCV production, while collaborations between hydrogen producers and infrastructure entities are leading to the proliferation of hydrogen fueling stations, particularly in regions at the forefront of green transportation initiatives such as Japan, Europe, and California. Despite the positive momentum, challenges like the scalability of hydrogen production and distribution infrastructure still exist. Investments and collaborations are vital to overcome these challenges. Innovative approaches, such as renewable energy-powered electrolysis, are being developed to make hydrogen production more cost-effective and accessible, aiming to further boost the adoption of FCVs. The report highlights key insights such as technological advancements driving fuel cell efficiency, the expansion of hydrogen refueling infrastructure, the crucial role of government incentives and emissions regulations, the focus on hydrogen-powered commercial vehicles for heavy-duty transport decarbonization, and the importance of developing green hydrogen for environmental benefits and sustainability. While high infrastructure costs remain a barrier, addressing these challenges is imperative for the broader adoption of FCVs.