The global Green Hydrogen market is thriving, with a projected value of USD 83.43 billion by 2035, experiencing a robust CAGR of 40.63% from 2025 to 2035. Green hydrogen, a clean energy source produced using renewable energy, is significantly reducing greenhouse gas emissions compared to traditional methods. The Alkaline Electrolysis Process has emerged as a key driver in green hydrogen production, attracting investments from companies like Hyundai and Kia. Moreover, green hydrogen's integration into power systems is enhancing flexibility, storage capabilities, and grid balancing services, contributing to increased system efficiency. The Proton Exchange Membrane (PEM) Electrolyzer technology is gaining momentum in the market, offering premium-quality green hydrogen production with rapid response times. Major companies like Linde plc and Shell are investing in PEM electrolyzer plants, showcasing the industry's technological advancements and potential. Despite facing challenges like production costs, the industry is witnessing significant government backing and investment due to the global push towards reducing carbon emissions. The market dominance of alkaline electrolyzers with their cost-effective operations contrasts with the growth potential of PEM electrolyzers, driven by their technological advantages and functional flexibility. The industry holds vast opportunities, with countries like India aiming for substantial annual green hydrogen production by 2030, supported by government funding. These developments underscore a positive outlook for the green hydrogen market, with innovations and investments paving the way for a sustainable energy future.