The global green hydrogen market is witnessing significant growth, with projections indicating a substantial increase in revenue by 2030. According to Arizton's research report, the market is expected to reach USD 134.86 billion by 2030, with a remarkable CAGR of 56.75% from 2024 to 2030. This growth is attributed to the escalating momentum within the green hydrogen sector, as key players like Siemens Energy, Air Liquide, and Plug Power ramp up their investments in the field. A notable trend driving the market is the alignment of global players and policies towards scaling up green hydrogen production to mitigate emissions. Initiatives like the U.S. Inflation Reduction Act and projects such as the Lancaster Clean Energy Center in California showcase the increasing competitiveness of green hydrogen. Moreover, national hydrogen strategies in countries like the US, Germany, Australia, and Saudi Arabia are bolstering investor confidence and setting the stage for further growth in the sector. Advancements in electrolyzer technologies, particularly Proton Exchange Membrane (PEM) and Solid Oxide Electrolyzer Cells (SOEC), are playing a crucial role in enhancing the efficiency and cost-effectiveness of green hydrogen production. PEM electrolyzers are well-suited for integration with solar and wind energy due to their solid polymer electrolyte, while SOEC technology operates at high temperatures to achieve higher efficiency through heat energy utilization. Europe stands out as a frontrunner in the green hydrogen market, with over 41% market share in 2024. The region's strong commitment to clean energy targets, exemplified by initiatives like the European Green Deal, positions it as a key player driving global green hydrogen growth. Projects such as H2Med and collaborations between leading energy and manufacturing companies underscore Europe's efforts towards a cross-border hydrogen economy. In conclusion, the global green hydrogen market is poised for substantial expansion, buoyed by increasing investments, technological advancements, and supportive policies. The surge in green hydrogen production not only offers a promising avenue for emission reduction and energy transition but also signifies a significant step towards a more sustainable energy future.