The global green hydrogen market is experiencing significant growth, with a projected value of US$ 71.31 billion by 2031 and a staggering CAGR of 37.8% from 2025 to 2031. Countries worldwide, including Australia, the European Union, and India, are heavily investing in green hydrogen infrastructure to meet rising demands from the energy and transportation sectors. For instance, Australia unveiled its National Hydrogen Strategy, aiming to become a top hydrogen exporter by 2030, while India announced the National Green Hydrogen (NGH) Mission with a $2.4 billion investment target. The transportation sector is witnessing an uptick in demand for Fuel Cell Electric Vehicles (FCEVs), leading to strategic alliances and agreements among key players like Toyota and Reblko. Moreover, the establishment of large green hydrogen projects by companies such as Iwatani Corporation and Larsen & Toubro is attracting substantial investments. Geographically, North America led the market in 2024, followed by Europe and Asia Pacific, with Asia Pacific expected to register the highest CAGR in the forecast period. The growing focus on green hydrogen infrastructure and the rise in FCEVs indicate a positive trajectory for the global green hydrogen market, offering significant growth opportunities for market players.