The green hydrogen market is witnessing significant growth driven by a global shift towards sustainable energy solutions and environmental care. Green hydrogen, produced through water electrolysis with low-carbon electricity, plays a crucial role in reducing carbon emissions and addressing environmental concerns. The International Energy Agency's target of achieving net-zero energy-related carbon dioxide emissions by 2050 is propelling the market's expansion. With fossil fuels being major contributors to poor air quality and associated health issues, the demand for green hydrogen is on the rise. The market is expected to grow from $2.46 billion in 2024 to $3.83 billion in 2025, with a CAGR of 55.4%. Factors like economic development, government initiatives, and increasing demand from various industries are driving this growth. By 2029, the market is forecasted to reach $16.65 billion, with a CAGR of 44.4%, backed by initiatives to reduce reliance on foreign oil and promote environmental conservation. Key trends shaping the market include the use of AI technology for operational efficiency, IoT consultancy services, and financial investments to meet growing demand. Additionally, the focus on Green Hydrogen Electrolyzer Gigafactories is prominent, with key players like Ohmium International establishing facilities for green hydrogen production. The market is segmented by technology, application, and end-user industry, with regions like Europe leading in market expansion. Major companies such as Linde, Siemens Energy AG, and Air Liquide are driving growth through innovation and sustainable energy solutions, positioning the green hydrogen market for substantial development in the coming years.