The global green hydrogen market is on an upward trajectory driven by the rising need for renewable energy solutions and the global shift towards decarbonization. Green hydrogen, produced through water electrolysis powered by renewable sources like wind and solar, is becoming a key player in the transition to sustainable energy worldwide. This zero-emission alternative to traditional hydrogen production methods is set to revolutionize sectors such as heavy industry, transportation, and power generation. The market is segmented by technology, with Proton Exchange Membrane (PEM) electrolyzers and Alkaline electrolyzers leading the way. While PEM electrolyzers offer high purity hydrogen and fast response times, Alkaline electrolyzers are more cost-effective and established in industrial applications. Green hydrogen finds applications in automotive (especially fuel cell electric vehicles), chemical (as a sustainable feedstock), power (energy storage and grid stabilization), industrial processes, and even the marine sector. Key market drivers include global decarbonization goals, declining costs of renewable energy, supportive government policies, technological advancements, increasing industrial and transportation demand, and strategic national initiatives. Europe leads the market with strong government backing and major investments, followed by Asia-Pacific with countries like Japan, South Korea, China, and India making significant progress in green hydrogen adoption. The U.S. and Canada are also emerging players in the market. Overall, the green hydrogen market is poised for further growth, with a positive sentiment towards its role in combating climate change and fostering sustainable development.