The global green hydrogen dispensing equipment market is set to double by 2031, with a projected value of US$ 64.8 million. This growth is driven by investments in hydrogen infrastructure, the adoption of hydrogen fuel cells in vehicles, and government initiatives promoting green energy. Green hydrogen, produced through electrolysis using renewable sources like wind and solar, emits no carbon during production and is becoming increasingly popular for its sustainability benefits. The equipment required for dispensing green hydrogen includes compressors, storage tanks, and specialized dispensers at refueling stations. The market is witnessing growth due to the global push towards renewable energy adoption and the rising need for low-carbon fuel solutions in various sectors. The market can be segmented based on service type, sourcing type, application (transportation, industrial, power generation), industry vertical (automotive, energy & utilities, manufacturing, chemical), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). Regions like North America, Europe, and Asia Pacific are leading in green hydrogen adoption, with countries like the U.S., Germany, Japan, and South Korea making significant investments in hydrogen infrastructure. Key market drivers include government initiatives, decarbonization goals, technological advancements, and industrial demand for green hydrogen. However, challenges such as high initial costs, lack of standardization, and supply chain issues exist. The market is witnessing trends like the expansion of hydrogen refueling stations, advancements in electrolysis technologies, and collaborations to accelerate green hydrogen infrastructure deployment. The future outlook for the market is positive, with exponential growth expected as industries and governments focus on carbon reduction targets and energy transition strategies. The transportation sector, especially hydrogen-powered FCEVs, will be a significant driver of this growth, supported by government initiatives and technological innovations in green hydrogen production and storage.