The global green hydrogen market is set for significant growth, with projections indicating a surge from USD 2.5 billion in 2022 to USD 143.8 billion by 2032, showcasing a compelling compound annual growth rate (CAGR) of 50.3%. Green hydrogen, produced from renewable energy sources, is gaining traction as a vital element in decarbonizing sectors like transportation, energy storage, and heavy industry. The market is being driven by increasing demand, technological innovations, and supportive regulatory frameworks. A key player in this growth is Proton Exchange Membrane (PEM) electrolysers, known for their efficiency, scalability, and compatibility with renewable energy, enabling decentralized deployment for diverse applications. The Asia-Pacific region currently dominates the green hydrogen market, closely followed by Europe and North America, with substantial investments and technological progress in electrolysers driving this growth. Globally, there is a heightened interest in sustainable power generation, especially in industries like food and beverage, where energy demands are significant. Advancements in electrolyzer technology are improving efficiency and reducing costs, further spurred by regulations and government backing for low-carbon alternatives. The United States, despite currently having a small share of green hydrogen production, has ambitious targets to massively increase clean hydrogen output by 2050 through substantial investments. With the world's focus on reducing greenhouse gas emissions, green hydrogen is poised to play a crucial role in transitioning to sustainable energy solutions. The report emphasizes the pivotal position of green hydrogen in meeting global energy needs while aligning with climate goals. Continued development and deployment of green hydrogen technologies are vital for achieving a low-carbon future and ensuring energy security in the years to come.