The Green Hydrogen Industry Challenge Market share has been valued at USD 1.56 Billion in 2022, expected to grow exponentially in the coming years. Green hydrogen, derived from renewable sources through electrolysis, is gaining prominence as a clean energy solution for various sectors. Unlike grey hydrogen, it produces zero carbon emissions, aligning with global decarbonization initiatives. Governments and businesses are increasingly focusing on achieving net-zero emissions, driving the demand for green hydrogen. The market growth is supported by technological advancements like more efficient electrolysis methods and government incentives for green hydrogen production. Leading companies like Air Liquide, BP, and Shell are investing in large-scale projects, aiming to lower production costs and promote economies of scale. Integration with renewable energy sources further enhances green hydrogen's potential by supporting grid stability. However, challenges persist, including high production costs, infrastructure limitations, energy efficiency concerns, and competition from alternative clean energy technologies. Despite these obstacles, the green hydrogen industry is expected to witness significant growth, especially in hard-to-abate sectors such as steel and heavy transport. Market segmentation indicates the diverse applications of green hydrogen across transportation, industrial, power generation, and residential/commercial sectors. The regional outlook highlights the global interest in green hydrogen, with regions like Europe and Asia Pacific leading in adoption. Looking ahead, the future of the green hydrogen industry appears promising, with expected cost reductions and efficiency enhancements driving wider adoption by 2030. As the industry overcomes challenges and strengthens its position among clean energy solutions, green hydrogen is poised to play a vital role in the transition to a more sustainable energy landscape.