Green hydrogen is touted as a key element in decarbonizing industries, offering sustainability benefits but facing barriers due to high production costs. ABI Research forecasts that by 2030, global Levelized Cost of Hydrogen (LCOH) will become competitive, making green hydrogen more attractive than polluting alternatives by 2040. The decreasing costs are attributed to advancements in electrolyzer efficiencies and economies of scale, with production costs expected to drop significantly. Electrolyzer producers like ITM Power and vendors such as Danfoss and Schneider Electric play pivotal roles in lowering costs. Additionally, key players in green hydrogen production like Linde and Shell are expected to drive the industry's growth. The report emphasizes the vital role of heavy industries like aviation, steel, shipping, and chemicals in adopting green hydrogen to achieve sustainability targets. Cost considerations are paramount for these industries, and accurate prediction of green LCOHs will be crucial for successful project implementation. Understanding market dynamics and demand patterns will also be essential for vendors and industry players. ABI Research's insights shed light on a promising future for green hydrogen, with cost projections indicating a more affordable and sustainable option for industrial applications. The industry's shift towards green hydrogen is seen as a significant step towards a cleaner and greener future, aligning with global sustainability goals and net zero ambitions.