The global hydrogen electrolysis rectifier power supply market is forecasted to achieve a valuation of USD 1.21 billion by 2030, with a remarkable CAGR of 38.5% from 2024 to 2030. This growth is attributed to factors such as the increasing demand for green hydrogen, advancements in rectifier and electrolysis technologies, supportive government policies, and the expanding application of hydrogen across various sectors including transportation, industrial, and energy storage. The report emphasizes the surge in the adoption of hydrogen produced through electrolysis driven by the global push for decarbonization. This trend has led to a rise in the deployment of large-scale electrolyzers, consequently boosting the need for specialized rectifier power supply systems. The market is notably influenced by supportive government policies and investments, with over 40 countries implementing national hydrogen strategies and subsidy programs to promote electrolyzer adoption. Asia-Pacific leads in demand for hydrogen electrolysis rectifier power supplies, while North America is experiencing the fastest growth rate in the industry. The market is propelled by factors such as the increasing focus on hydrogen energy initiatives, continuous technological enhancements in power electronics and rectifier design, and substantial policy support and investments worldwide. However, challenges like high production costs of green hydrogen, efficiency, and scalability issues remain obstacles that need to be addressed for the industry to realize its full potential by 2030.