The green hydrogen market, driven by factors like rising energy demands and climate consciousness, is set to experience substantial growth in the coming years. Currently valued at around $2.5 billion, the market is predicted to surge to $12 billion by 2034, boasting a robust Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period from 2025 to 2034. Green hydrogen, produced through eco-friendly processes like electrolysis powered by renewable energy sources, is increasingly being adopted across various industries for decarbonization purposes. Key drivers stimulating this market expansion include escalating global energy prices, increased focus on climate change mitigation, and government initiatives favoring the shift towards renewable energy sources. Moreover, advancements in electrolyzer technology, coupled with the scaling up of production capabilities and collaborations among key industry players, are further propelling the growth of the green hydrogen sector. The market segmentation outlines various aspects such as production technology, applications, end-user industries, geographical regions, capacity, and types of green hydrogen production. Proton Exchange Membrane (PEM) electrolyzers stand out as the primary production method, holding a significant market share due to their efficiency and scalability. Additionally, emerging techniques like Biomass Gasification and Photoelectrochemical Water Splitting are gaining traction, especially in regions promoting circular economy models, as complementary methods of green hydrogen production. Overall, the green hydrogen market's positive trajectory is underpinned by a combination of market demand, environmental imperatives, and technological innovations, positioning it as a pivotal player in the ongoing energy transition towards a more sustainable future.