India, Feb. 2 -- Green hydrogen has been promised as the next major clean energy carrier for the coming decades and has been the subject of intense hype over the past few years.

However, the recent slowdown in market growth and the cancellation of numerous green hydrogen projects have raised significant doubts. This has led to increasing skepticism within the industry: Will green hydrogen eventually materialize as a cornerstone of the energy transition, or, will it become another overhyped technology that fails to scale?

IDTechEx explores the key market trends and regional developments that could shape the future of the green hydrogen market.

Cost remains largest barrier to green hydrogen adoption

The fundamental challenge facing gree...