The green hydrogen market is rapidly expanding as a vital tool in combating climate change and reducing reliance on fossil fuels. Unlike traditional hydrogen production, green hydrogen is generated using renewable sources such as wind, solar, and hydroelectric power, making it an environmentally friendly alternative. This shift towards cleaner energy solutions is crucial for sectors like steel manufacturing, chemical production, and transportation, which are challenging to electrify. Governments worldwide are prioritizing green hydrogen in their energy plans, with significant commitments from regions like the European Union, the United States, Japan, and South Korea. Policy incentives and technological advancements in electrolyzer technology are enhancing the efficiency and reducing the costs of green hydrogen production, making it more competitive. Industries such as steel, cement, and chemicals are increasingly turning to green hydrogen to decarbonize their operations, contributing to market growth. Additionally, the rising global demand for sustainable energy solutions is propelling the adoption of green hydrogen, especially in hard-to-electrify sectors like aviation and heavy transportation. The market is forecasted to experience substantial growth, with estimates suggesting it could surpass USD 200 billion by 2032. Market segments include production methods like alkaline electrolyzers, PEM electrolyzers, and SOE, along with end-use industries such as transportation, industrial applications, power generation, and regions like Europe, North America, and Asia-Pacific. Despite the challenges of high production costs, the green hydrogen market's potential for energy storage and grid balancing, along with its applications in various industries, make it a key player in the global transition towards cleaner energy sources.