The global green hydrogen market is poised for significant growth, with projections indicating a substantial increase from USD 1.5 billion to USD 125.3 billion by 2035, supported by key drivers such as technology advancements, increased demand for renewable energy, and favorable policies. Green hydrogen, produced through the electrolysis of water using renewable sources like wind and solar power, offers a sustainable energy solution with minimal greenhouse gas emissions. This clean energy alternative not only aids in carbon neutrality but also serves various purposes such as transportation fuel, energy storage, and powering FCEVs. The Paris Agreement's commitment to reducing greenhouse gas emissions has further propelled the green hydrogen sector by creating conducive regulatory frameworks and market conditions globally. As nations prioritize clean energy sources and emission reductions, the market for green hydrogen is expected to witness substantial growth in the coming years. Key segments within the green hydrogen market include alkaline electrolyzers, PEM electrolyzers, and solid oxide electrolyzers. Currently, PEM electrolyzers hold the largest market share due to their superior efficiency and rapid response capabilities, allowing for swift adjustments in response to fluctuations in renewable energy supply. These advancements in technology and market trends indicate a positive outlook for the green hydrogen industry, positioning it as a vital player in the transition towards a more sustainable and eco-friendly energy landscape.