The global green hydrogen market is experiencing significant growth driven by increasing government initiatives and investments aimed at decarbonization and promoting renewable energy sources. Green hydrogen, produced through the electrolysis of water using renewable sources like wind, solar, and hydropower, is emerging as a clean and sustainable energy carrier essential for addressing global energy demands and reducing greenhouse gas emissions. Applications of green hydrogen span across various sectors, from transportation to heavy industries. Toyota's Mirai and Hyundai's Nexo are notable examples of hydrogen fuel cell vehicles leading the way in clean mobility. In the industrial sector, green hydrogen is finding applications as a substitute for fossil fuels, with instances like the world's first green hydrogen-powered steel production facility in Sweden. Government commitments, such as the European Union's target to produce 10 million tons of green hydrogen annually by 2030, and substantial investments from countries like Japan and Australia, underscore the importance of hydrogen in transitioning to a low-carbon economy. Industry collaborations, such as Adani Group's investment in green energy and the alliance between Air Liquide S.A., Toyota Motor, and CaetanoBus for hydrogen solutions, are driving innovation and adoption. Despite the challenges posed by the COVID-19 pandemic, the focus on sustainable energy solutions has accelerated, positioning green hydrogen for robust growth post-pandemic. With Germany leading the market with a CAGR of 26.9%, green hydrogen is poised to transform global energy strategies and contribute significantly to climate change mitigation.