InsightAce Analytic Pvt. Ltd. has released a market assessment report on the Global Green Hydrogen Market, projecting substantial growth from 2025 to 2034, driven by decarbonization efforts and technological advancements. The market is valued at US$ 1.5 Bn in 2024, expected to reach US$ 169.9 Mn by 2034, with a notable CAGR of 59.8%. Green hydrogen, produced through water electrolysis with renewable energy sources, is essential for decarbonizing industries, energy storage, and clean transportation. The market dynamics highlight the role of government policies, such as the U.S. Inflation Reduction Act and the EU's hydrogen plans, in promoting green hydrogen adoption. Challenges include high production costs, infrastructure limitations, and the need for more efficient electrolyzer technologies. Regional trends show North America, especially the U.S., leading in green hydrogen initiatives with tax credits, major investments, and operational facilities. Recent developments by industry players like Linde and ENGIE in building green hydrogen plants and stations demonstrate the market's momentum and commitment to sustainability. The report also identifies key players in the market, showcasing a competitive landscape. Overall, the green hydrogen market is positioned for significant growth, supported by a favorable regulatory environment and advancing technology.