The global green hydrogen market is experiencing rapid growth, with a value of approximately USD 6.6 billion in 2023 and projected to reach USD 133.5 billion by 2032, growing at a CAGR of 39.6%. Green hydrogen, produced through electrolysis using renewable energy sources, is becoming a key element in decarbonizing industries such as transportation and heavy manufacturing. Major players like Air Liquide and Siemens Energy are investing in large-scale green hydrogen production facilities globally. The market's expansion is supported by advancements in electrolyzer technologies and its adoption in sectors like shipping and aviation. Key growth factors include the global push towards decarbonization, investments in renewable energy, government policies supporting clean energy, and rising demand in heavy industries. The development of cost-effective electrolyzer technologies is making green hydrogen more competitive, particularly in sectors like steel manufacturing and shipping. The market segments include Alkaline Electrolyzer and PEM Electrolyzer types, applications in energy, industrial, and automotive sectors, and regional insights for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The market is driven by trends towards renewable energy sources, reducing carbon emissions, and partnerships accelerating large-scale green hydrogen projects. Stakeholders benefit from quantitative market analysis, Porter's five forces study, market size segmentation, and insights into major players. The article emphasizes the positive sentiment towards green hydrogen and its potential role in achieving sustainable energy solutions globally.