The global green hydrogen market is witnessing rapid expansion driven by the urgent need to reduce carbon emissions worldwide. Advancements in electrolysis, renewable energy sources, and government support through policies and investments are key factors fueling this growth. Green hydrogen is becoming increasingly crucial in the transition to sustainable energy due to its versatility and scalability. Market projections indicate a significant surge, with the market expected to reach a value of $30.6 billion by 2030, growing at an impressive CAGR of 61.1%. Industries such as steel, ammonia production, and the automotive sector, particularly fuel cell electric vehicles, are driving the demand for green hydrogen. Companies like Charbone Hydrogen Corporation are actively expanding their production capacity, aiming to introduce numerous green hydrogen facilities to meet the rising market demands. Additionally, collaborations between companies like Bloom Energy and Sembcorp signify a shift towards low-carbon electricity production using cutting-edge technologies. These developments underscore the industry's pivotal role in fostering a more sustainable and environmentally friendly energy landscape.