The green hydrogen market is witnessing a significant surge, with its value projected to grow exponentially from $2.5 billion in 2022 to a staggering $143.8 billion by 2032, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 50.3%. Green hydrogen, produced using renewable energy sources like solar and wind power, is gaining traction due to its sustainable nature. Sectors such as food and beverages, medical, chemical, and petrochemical industries are anticipated to drive the demand for green hydrogen. Asia-Pacific currently holds the largest market share, followed by Europe and North America. Rising energy needs, technological advancements, and stringent regulations are fostering the green hydrogen market growth. The industry's ability to offer a sustainable energy solution amidst increasing global energy demands positions it as a vital player in the transition towards cleaner energy systems worldwide. Additionally, the push for decarbonization, along with the electrification of transportation, further emphasizes the importance of green hydrogen. However, the current hydrogen market is dominantly conventional, with only about 1% being green hydrogen. Efforts are underway to enhance electrolyzer efficiency and scale up green hydrogen production to meet ambitious targets. The U.S. Department of Energy aims to significantly increase the production of clean hydrogen by 2030, with a substantial portion to come from renewable sources. Investments in hydrogen hubs and electrolysis projects signify a shift towards a greener energy landscape. In conclusion, the rise of green hydrogen presents a promising opportunity to address the world's escalating energy needs sustainably, aligning with global initiatives for carbon reduction and clean energy transition.