The global Green Hydrogen market revenue, estimated at $5.99 billion in 2023, is expected to reach $81.65 billion by 2031, growing at a CAGR of 38.96% from 2024. Key drivers include surging global demand for clean energy, advancements in electrolysis technology, and supportive government policies. The obstacles to market expansion comprise high initial capital costs, limited infrastructure, and technical scaling challenges. Future opportunities lie in industrial and transportation sector applications, international research collaboration, and increased investment in renewable energy. Notable players in the market include LindeAir, Liquide, Air Products Inc., and ENGIE. Recent developments include Electric Hydrogen Co. receiving $198 million funding and a joint venture by Air Liquide and Siemens Energy. Market dynamics highlight government initiatives as drivers and the high cost of production as a challenge. Europe is expected to lead in growth with a focus on reducing greenhouse gas emissions and transitioning to a clean hydrogen-based economy.