The green hydrogen market is witnessing significant growth globally, propelled by advancements in technology, increasing demand for clean energy solutions, and the expansion of infrastructure to support the production and distribution of green hydrogen. Valued at USD 6.57 Billion in 2023, the market is projected to reach USD 133.50 Billion by 2032, with a compound annual growth rate (CAGR) of 39.80%. This growth is attributed to the focus on decarbonization goals and the adoption of green hydrogen as a clean energy alternative. Governments and industries are investing in renewable energy sources, with green hydrogen produced through electrolysis seen as a key solution to reduce emissions in challenging sectors like heavy industry and transportation. The dominance of alkaline electrolyzers and the rapid growth of polymer electrolyte membrane technology are reshaping the market landscape, offering cost-effective solutions for industrial applications and compact, flexible options for transportation and smaller-scale uses. The pipeline distribution channel, particularly for large-scale transportation, holds a significant share of the market, driven by the need for efficient hydrogen transport and infrastructure reliability. The transportation sector leads in application, with a focus on hydrogen fuel cell technology for emissions reduction in heavy-duty vehicles and long-haul transport. Europe currently leads the global green hydrogen market, supported by strong policy initiatives and advanced infrastructure. Meanwhile, North America is poised for rapid growth from 2024 to 2032, attracting investments in hydrogen mobility and production. This progression signifies a shift towards sustainable energy solutions and marks a transformative phase in the energy industry, with green hydrogen playing a pivotal role in achieving a more environmentally friendly future.