The demand for green hydrogen, produced from renewable energy sources, is on the rise as a clean solution to reduce carbon emissions. Despite challenges like cost and infrastructure, the market is expected to grow significantly, reaching $38.1 billion by the end of 2029. The report highlights the global market for green hydrogen, focusing on technology, power sources, industries, and regions, excluding hydrogen from natural gas. Factors like unlocking fuel cell potential, blending green hydrogen with natural gas, and harnessing offshore renewable energy are driving market growth. The European market stands out for its strong OEMs, while the Middle East has untapped renewable potential. China is a leader in cost-reducing electrolyzer technology, and offshore wind plays a significant role in boosting green hydrogen production. However, challenges such as a lack of agreements with end-use industries pose risks to market growth. Fuel cells, which convert hydrogen into electricity with water as the only byproduct, offer a clean energy source for various applications. Blending green hydrogen with natural gas helps reduce emissions and utilize existing infrastructure. Utilizing offshore wind and solar energy for green hydrogen production supports a transition to cleaner energy and reduces reliance on fossil fuels. The report projects substantial market growth, with Europe leading in investments and the chemicals and petrochemicals industry segment expected to dominate in 2029. Major players in the market include ACWA Power, Air Liquide, BP plc, Siemens Energy, and more. The report also discusses related markets like hydrogen fuel cells and electric vehicles, emphasizing the shift towards sustainable energy solutions worldwide.