The global green hydrogen market is experiencing significant growth, estimated to reach USD 46.25 billion from 2024 to 2028 with a CAGR of 66.83%. This surge is attributed to the increasing adoption of clean fuel and a growing trend towards using clean hydrogen in refineries. Major market players like ACWA Power International, Air Liquide SA, and Ballard Power Systems Inc. are actively investing in renewable liquid hydrogen production, leveraging renewable energy sources such as wind and solar through electrolysis. Supportive policies promoting de-carbonization, particularly in regions like California, are driving demand for hydrogen as a clean energy solution for various sectors including transportation, power generation, and heating applications. Hydrogen, separated from water through electrolysis, is being explored for multiple applications beyond fuel cells, including aircraft fuel and space applications. The International Energy Agency foresees a substantial increase in hydrogen production as part of the global energy transition towards a carbon-free economy. Companies like Engie and Hydrogenics are spearheading initiatives in hydrogen production and infrastructure development, aiming to overcome efficiency and environmental challenges. To tackle these challenges, alternative energy sources such as natural gas-hydrogen fuel mixtures are being considered as a potential solution. Investment plans are on the rise as the world shifts towards a low-carbon economy to combat climate change. Offshore wind emerges as a promising source for commercial-scale hydrogen production, signaling a bright future ahead for the hydrogen economy with diverse opportunities in various sectors and applications.