The global green hydrogen market is on a trajectory towards substantial growth, with projections indicating a staggering USD 134.86 billion market value by 2030, driven by a robust CAGR of 56.75% from 2024 to 2030. Noteworthy players like Siemens Energy, Air Liquide, and Plug Power are intensifying their investments, with Siemens Energy's large-scale electrolyzer facility in Berlin set to power major European projects. Supportive policies, such as the U.S. Inflation Reduction Act's Production Tax Credit, are making green hydrogen more competitive. Advancements in electrolyzer technologies, particularly Proton Exchange Membrane (PEM) and Solid Oxide Electrolyzer Cells (SOEC), are revolutionizing green hydrogen production by enhancing efficiency and reducing costs. Europe stands at the forefront of this market, with initiatives like the European Green Deal aiming to produce and import significant amounts of green hydrogen by 2030. Key projects like the H2Med hydrogen pipeline and Iberdrola's solar-powered facility in Spain underscore Europe's commitment to a sustainable hydrogen economy. The market is witnessing collaborations between major vendors like Nel, Linde, and ITM Power, amplifying the scalability and competitiveness of green hydrogen solutions. Overall, the global green hydrogen market is poised for robust growth, driven by technological advancements, supportive policies, and strategic investments.