The global green hydrogen market is on the cusp of significant growth, with projections estimating a value of USD 152.73 billion by 2032. This surge is attributed to advancements in technology, expanding applications across various sectors, and strong backing from governments and businesses globally. Green hydrogen is emerging as a key player in the world's shift towards sustainability, offering a clean, adaptable, and plentiful energy source for future generations. The market is segmented based on technology, with alkaline electrolyzers and polymer electrolyte membrane (PEM) electrolyzers leading the charge. Alkaline electrolyzers are favored for their cost-effectiveness, while PEM electrolyzers are known for their efficiency and suitability for integrating with renewable energy sources. In terms of applications, green hydrogen finds use in power generation, transportation, industrial processes, and heating applications. This versatility allows it to address diverse energy needs while promoting decarbonization and reducing carbon emissions across sectors. The distribution channels for green hydrogen include pipelines for efficient transport and cargo methods for regions without pipeline infrastructure, facilitating global trade and adoption. Regional insights highlight the varying growth patterns of the green hydrogen market, with Europe, North America, Asia-Pacific, Middle East & Africa, and Latin America each making substantial investments in green hydrogen projects. These regions are driven by specific dynamics and policies aimed at transitioning towards cleaner energy sources. Several industry trends and growth factors further fuel the expansion of the green hydrogen market. These include technological advancements in electrolyzer technology, supportive government policies and incentives, corporate sustainability commitments, and the global push for decarbonization to meet climate goals. The momentum in the green hydrogen market signifies a significant shift towards sustainable energy solutions, with stakeholders across industries and regions contributing to this transformative journey.