QY Research's 'Green Hydrogen Market 2024 Report' underscores the critical role of green hydrogen in various sectors like manufacturing, construction, healthcare, and agriculture. The market, valued at US$ 1286 million in 2023, is set to soar to US$ 28920 million by 2030, driven by a robust CAGR of 52.9%. Green hydrogen production, requiring electricity from renewable sources like wind and solar, is pivotal in reducing greenhouse gas emissions. Major players like Plug Power and ThyssenKrupp are spearheading innovations in this sector. North America holds a significant market share (33%), followed by China and Europe. The report delves into the competitive landscape, market segmentation, and technological trends. Regulatory developments are enhancing market dynamics, fostering growth and setting quality standards. The research methodology blends primary data collection and interviews with secondary data analysis to offer comprehensive market insights.