The global market for green hydrogen, produced from renewable energy sources, is experiencing rapid growth as a sustainable solution to combat carbon emissions. Despite challenges like cost and infrastructure, the demand for green hydrogen is forecasted to surge from $5.2 billion in 2024 to $38.1 billion by 2029, with a remarkable CAGR of 48.7%. The report by BCC Research delves into the technological advancements, power sources, industries, and regions driving this market expansion, excluding hydrogen derived from natural gas. Key drivers of this growth include the utilization of fuel cells for clean energy conversion, blending green hydrogen with natural gas to reduce emissions, and harnessing offshore renewable energy like wind and solar for large-scale green hydrogen production. The market segments covered include technology (proton exchange membrane and alkaline electrolysis), power sources (solar, wind, and other renewables), and end-use industries (mobility, chemicals, power, etc.), with chemicals and petrochemicals projected to dominate the market by 2029. Europe stands out as the dominant market region, accounting for 57% of market share, closely followed by the Asia-Pacific region. Major advancements in hydrogen capacity expansion, especially in countries like Germany, Denmark, and Spain, contribute to Europe's lead. The growth in hydrogen capacity supports the market's acceleration, especially with directives for fuel cell EVs and other hydrogen end-users shaping the industry's trajectory. Leading companies in the green hydrogen market include ACWA Power, Air Liquide, Bloom Energy, BP plc, Cummins Inc., and others. The report also highlights related markets like hydrogen fuel cells and electric vehicles, showcasing the broader shift towards sustainable energy solutions worldwide. The green hydrogen market's positive outlook is supported by innovative technologies, favorable government policies, and increasing demand for low-emission fuels. Despite challenges, the market's trajectory towards a cleaner, greener future is evident, with renewable hydrogen playing a significant role in the global transition to sustainable energy solutions.