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Hydrogen Technology Testing, Inspection and Certification (TIC) Market by Process (Generation, Storage, Transportation/Distribution), Service Type (Testing, Inspection, Certification), Testing Type, Application and Region - Global Forecast to 2029

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    Report

  • 253 Pages
  • July 2024
  • Region: Global
  • Markets and Markets
  • ID: 5990465
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Description Jump to:
The global hydrogen technology TIC was valued at USD 4.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029; it is expected to register a CAGR of 17.8% during the forecast period. The growing demand for cleaner fuels, supportive government policies aimed at decarbonizing various sectors, and the expansion of hydrogen infrastructure such as refueling stations, pipelines, and storage facilities are key drivers of the Hydrogen Technology TIC market. Additionally, the inherent risks and strict regulations in hydrogen processes, along with technological advancements crucial for green hydrogen development, are further catalyzing market growth.

The long-distance segment of hydrogen technology TIC market for transporation/distribution is expected to have significantly large share during the forecast period.

With the global shift from fossil fuel-based energy sources, hydrogen energy has emerged as a key enabler of low carbon solutions across many industries. Expanding market though establishing new networks for hydrogen infrastructure. pipelines are preferred means of transportation since they are cost effective and less hazardous to the environment since they transport hydrogen which is a green energy source from source that may be far from the demand point.

Hydrogen pipeline project mainly focuses on targets of IES 2023 that stated the overall pipeline length of hydrogen to be 19,000 km up to 2030. It has led to combined efforts among governments, industries and investors to develop a good hydrogen infrastructure which comprises of research development spending, more development of efficient and cheap methods of hydrogen production and development of hydrogen refueling facilities for fuel cell vehicles and industrial usage. These infrastructures also help enhance energy security while generating employment and spurring economic development Altogether, hydrogen remains the perfect solution to fight climate change and lower GHG emissions on the planet.

The green hydrogen segment is likely to grow at the highest CAGR during the forecast period

Demand for green hydrogen, which is 100% emission-free and produced from renewable energy via the electrolysis of water, will increase with countries placing a stronger focus on net zero carbon emissions. As per IEA 2023 Report, the share of clean hydrogen (blue + green) will reach upto 30% of the total hydrogen demand in 2030. This technology uses electricity generated through sources such as wind, hydropower, or solar to split water into hydrogen and oxygen. It produces nothing but pure-play green hydrogen emissions in the process. However, this is the most expensive hydrogen production method at about USD 5-6 per kilogram. Still challenges remain - namely high equipment costs and scarce availability of clean electricity, which makes large-scale production unrealistic for now - if countries green their own hydrogen transition from fields.

The europe is likely to grow at the significant CAGR during the forecast period.

The countries of the European continent are improving to different extents in terms of creating new policy norms in the sphere of energetic For the EU, the target is to reduce the emission of greenhouse gases by at least 40% by the year 2030. Being one of the oldest producers in the oil and gas sector, Europe is gradually transitioning to the use of fuel cells, which are powered by residential and commercial projects and initiatives involving national governments.

The actual number of FCEVs in Europe 2600 units and more than 1000 of these are in Germany by the end of 2020. Of these, the FCEVs are mainly light duty passenger vehicles, with approximately 130 fuel cell buses. Europe also leads in the development of fuel cell trains where commercialisation is also being realized. The Fuel Cells and Hydrogen Joint Undertaking initiative is the special concern working on the R&D element in the fuel cell and hydrogen. Moreover, the expansion of the fuel cell industry is also expected to be encouraged by the increased adoption of electric cars, and therefore the hydrogen market in this region.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type - Tier 1 - 50%, Tier 2 - 30%, Tier 3 - 20%
  • By Designation - C-level Executives - 35%, Directors - 30%, Others - 35%
  • By Region - Asia Pacific - 40%, Europe - 25%,, North America - 20%, RoW - 15%
The hydrogen technology TIC market is dominated by a few globally established players such as SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), DEKRA (Germany), TÜV SÜD (Germany), DNV GL (Norway), TÜV RHEINLAND (Germany), Applus+ (Spain), TÜV NORD Group (Germany), Element Materials Technology (UK), and UL LLC (US). The study includes an in-depth competitive analysis of these key players in the hydrogen technology TIC market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the hydrogen technology TIC market and forecasts its size by process, service type, testing type, and application. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions - North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the hydrogen technology TIC ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key drivers (increasing shift towards low and zero-carbon renewable fuels, Development of low-weight storage tanks for transportation, Government-led initiatives for developing hydrogen econom), restraint (impacts of hydrogen projects on water supply and land use, availability of substitutes), opportunity (demand of risk management due the risk of high flammability associated with hydrogen, emergence of hydrogen fuel cells for the automotive sector), challenges (high hydrogen generation, storage, and transportation costs, integration of hydrogen into natural gas networks)
  • Service Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the hydrogen technology TIC market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the hydrogen technology TIC market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the hydrogen technology TIC market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), DEKRA (Germany), TÜV SÜD (Germany), DNV GL (Norway), TÜV RHEINLAND (Germany), Applus+ (Spain), TÜV NORD Group (Germany), Element Materials Technology (UK), and UL LLC (US) among others in the hydrogen technology TIC market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Years Considered
1.3.3 Inclusions and Exclusions
1.4 Currency Considered
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Intended Participants and Key Opinion Leaders in Primary Interviews
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Estimate Market Size Using Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach to Estimate Market Size Using Top-Down Analysis (Supply Side)
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Risk Analysis
2.6 Research Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Hydrogen Technology Tic Market
4.2 Hydrogen Technology Tic Market, by Process
4.3 Hydrogen Technology Tic Market, by Application
4.4 Hydrogen Technology Tic Market, by Service
4.5 Hydrogen Technology Tic Market, by Testing Type
4.6 Hydrogen Technology Tic Market, by Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Focus on Achieving Sustainable and Low-Carbon Economy
5.2.1.2 Increasing Use of Low-Carbon Fuel in Transportation Sector
5.2.1.3 Growing Production of Green Hydrogen
5.2.1.4 Rising Need to Ensure Safety and Reliability of Hydrogen Technologies
5.2.2 Restraints
5.2.2.1 Requirement of Substantial Renewable Energy and Water to Feed Electrolyzers
5.2.2.2 Lack of Uniformity in Global Tic Standards
5.2.3 Opportunities
5.2.3.1 Adoption of Hydrogen Fuel Cells in Transportation Sector
5.2.3.2 Deployment of Blockchain Technology in Tic Services
5.2.4 Challenges
5.2.4.1 Costly On-Site Production of Hydrogen
5.2.4.2 Keeping Testing Protocols and Certifications Up to Date
5.3 Trends/Disruptions Impacting Customers’ Businesses
5.4 Pricing Analysis
5.4.1 Average Selling Price Trend of Key Players, by Service Type, 2023
5.4.2 Average Selling Price Trend of Certification Services Offered by Key Players, 2020-2023
5.4.3 Average Selling Price Trend of Certification Services, by Region, 2020-2023
5.5 Supply Chain Analysis
5.6 Ecosystem Analysis
5.7 Investment and Funding Scenario
5.8 Technology Analysis
5.8.1 Key Technologies
5.8.1.1 Hydrogen Fuel Cells
5.8.1.2 Alkaline Electrolysis
5.8.2 Complementary Technologies
5.8.2.1 Material Science
5.8.3 Adjacent Technologies
5.8.3.1 Energy Storage Management Systems
5.8.3.2 Solid-State Storage
5.9 Patent Analysis
5.10 Trade Analysis
5.10.1 Export Data (HS Code 280410)
5.10.2 Import Data (HS Code 280410)
5.11 Key Conferences and Events, 2023-2024
5.12 Case Study Analysis
5.12.1 Applus+ Offered Technical Support to Help Green Hydrogen Plant Owner in Barcelona to Supply Hydrogen for Transportation and Industrial Applications
5.12.2 Siemens Energy Collaborated with Tüv Süd to Develop H2-Ready Power Plants to Ensure Reliable Energy Supply
5.12.3 Tüv Süd Helped Hydrogen-Powered Vehicle Manufacturers Gain Safe EU Market Access by Closing Regulatory Gaps
5.13 Tariff and Regulatory Landscape
5.13.1 Tariff Analysis
5.13.2 Regulatory Bodies, Government Agencies, and Other Organizations
5.13.3 Regulations
5.14 Porter's Five Forces Analysis
5.14.1 Threat of New Entrants
5.14.2 Threat of Substitutes
5.14.3 Bargaining Power of Suppliers
5.14.4 Bargaining Power of Buyers
5.14.5 Intensity of Competitive Rivalry
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
5.15.2 Buying Criteria
5.16 Impact of AI/Gen AI on Hydrogen Technology Tic Market
6 Hydrogen Technology Tic Market, by Process
6.1 Introduction
6.2 Generation
6.2.1 Gray Hydrogen
6.2.1.1 Low Cost of Production to Drive Market
6.2.2 Blue Hydrogen
6.2.2.1 Rising Demand for Clean Hydrogen to Spur Demand
6.2.3 Green Hydrogen
6.2.3.1 Increasing Focus on Achieving Net-Zero Carbon Emission Targets to Boost Demand
6.2.4 Others
6.3 Storage
6.3.1 Physical
6.3.1.1 Rising Application in Buffer Tanks to Drive Market
6.3.2 Material-based
6.3.2.1 Enhanced Hydrogen Storage Performance with Improved Kinetics to Spur Demand
6.4 Transportation
6.4.1 Long-Distance
6.4.1.1 Growing Emphasis on Establishing Strong Hydrogen Infrastructure to Drive Market
6.4.2 Short-Distance
6.4.2.1 Increasing Demand for Emergency Power Backups to Accelerate Demand
7 Hydrogen Technology Tic Market, by Testing Type
7.1 Introduction
7.2 Pressure Cycle, Leakage and Tightness Testing
7.2.1 Increasing Need to Detect and Minimize Fugitive Hydrogen Emissions to Boost Demand
7.3 Overpressure, Burst, and Flow Testing
7.3.1 Pressing Need to Mitigate Risks Associated with Hydrogen Technologies to Drive Market
7.4 Hydrogen Permeation and Compatibility Testing
7.4.1 Growing Demand for Accurate Measurements of Gas Permeation Properties Under High-Pressure Conditions to Drive Market
7.5 Other Testing Types
8 Hydrogen Technology Tic Market, by Application
8.1 Introduction
8.2 Refining & Chemical
8.2.1 Growing Application in Steelmaking to Drive Market
8.3 Mobility
8.3.1 Rising Focus on Decarbonizing Road Transport Sector to Spur Demand
8.4 Energy
8.4.1 Increasing Production of Electricity Through Electrochemical Process to Accelerate Demand
8.5 Other Applications
9 Hydrogen Technology Tic Market, by Service
9.1 Introduction
9.2 Testing
9.2.1 Growing Emphasis of Hydrogen Sector to Innovate Storage Solutions and Distribution Networks to Boost Demand
9.3 Inspection
9.3.1 Increasing Need to Adhere to Industrial and Government Safety Regulations to Accelerate Demand
9.4 Certification
9.4.1 Rising Focus of Established Players to Introduce Certification Schemes to Offer Lucrative Growth Opportunities
9.5 Other Services
10 Hydrogen Technology Tic Market, by Region
10.1 Introduction
10.2 North America
10.2.1 Macroeconomic Outlook in North America
10.2.2 US
10.2.2.1 Growing Focus on Producing Affordable Carbon-Free Hydrogen to Boost Demand
10.2.3 Canada
10.2.3.1 Government-Led Initiatives to Support Private Investors Build Clean Fuel Production Capacity to Spur Demand
10.2.4 Mexico
10.2.4.1 Rising Focus on Developing Green Hydrogen to Accelerate Demand
10.3 Europe
10.3.1 Macroeconomic Outlook in Europe
10.3.2 UK
10.3.2.1 Increasing Focus on Reducing Natural Gas Imports to Drive Market
10.3.3 Germany
10.3.3.1 Growing Adoption of Fuel Cell Electric Vehicles to Drive Market
10.3.4 France
10.3.4.1 Rising Consumption of Oil in Industrial and Transport Sectors to Foster Market Growth
10.3.5 Rest of Europe
10.4 Asia-Pacific
10.4.1 Macroeconomic Outlook in Asia-Pacific
10.4.2 China
10.4.2.1 Government-Led Initiatives to Deploy Fuel Cell Buses and Trucks to Offer Lucrative Growth Opportunities
10.4.3 India
10.4.3.1 Growing Emphasis on Boosting Domestic Production of Green Hydrogen to Drive Market
10.4.4 Japan
10.4.4.1 Rising Focus on Achieving Carbon Neutrality to Accelerate Demand
10.4.5 South Korea
10.4.5.1 Increasing Development of Hydrogen Technology in Electricity, Energy, Commercial, and Marine Industries to Drive Market
10.4.6 Rest of Asia-Pacific
10.5 RoW
10.5.1 Macroeconomic Outlook in RoW
10.5.2 South America
10.5.2.1 Presence of Untapped Crude Oil and Natural Gas Reserves to Offer Lucrative Growth Opportunities
10.5.3 Middle East & Africa
10.5.3.1 Rising Demand from Chemical Industry to Spur Demand
10.5.3.2 GCC
10.5.3.3 Rest of Middle East & Africa
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies/Right to Win, 2020-2024
11.3 Revenue Analysis, 2019-2023
11.4 Market Share Analysis, 2023
11.5 Company Valuation and Financial Metrics
11.6 Brand/Product Comparison
11.7 Company Evaluation Matrix: Key Players, 2023
11.7.1 Stars
11.7.2 Emerging Leaders
11.7.3 Pervasive Players
11.7.4 Participants
11.7.5 Company Footprint: Key Players, 2023
11.7.5.1 Company Footprint
11.7.5.2 Process Footprint
11.7.5.3 Service Footprint
11.7.5.4 Testing Type Footprint
11.7.5.5 Application Footprint
11.7.5.6 Region Footprint
11.8 Company Evaluation Matrix: Startups/SMEs, 2023
11.8.1 Progressive Companies
11.8.2 Responsive Companies
11.8.3 Dynamic Companies
11.8.4 Starting Blocks
11.8.5 Competitive Benchmarking: Startups/SMEs, 2023
11.8.5.1 Detailed List of Key Startups/SMEs
11.8.5.2 Competitive Benchmarking of Key Startups/SMEs
11.9 Competitive Scenario and Trends
11.9.1.1 Solution/Service Launches
11.9.1.2 Deals
11.9.1.3 Expansions
11.9.1.4 Others
12 Company Profiles
12.1 Key Players
12.1.1 Sgs SA
12.1.1.1 Business Overview
12.1.1.2 Products/Solutions/Services Offered
12.1.1.3 Recent Developments
12.1.1.3.1 Solution/Service Launches
12.1.1.3.2 Deals
12.1.1.3.3 Expansions
12.1.1.3.4 Others
12.1.1.4 Analyst's View
12.1.1.4.1 Key Strengths/Right to Win
12.1.1.4.2 Strategic Choices
12.1.1.4.3 Weaknesses/Competitive Threats
12.1.2 Dnv Gl
12.1.2.1 Business Overview
12.1.2.2 Products/Solutions/Services Offered
12.1.2.3 Recent Developments
12.1.2.3.1 Solution/Service Launches
12.1.2.3.2 Deals
12.1.2.3.3 Expansions
12.1.2.3.4 Others
12.1.2.4 Analyst's View
12.1.2.4.1 Key Strengths/Right to Win
12.1.2.4.2 Strategic Choices
12.1.2.4.3 Weaknesses/Competitive Threats
12.1.3 Bureau Veritas
12.1.3.1 Business Overview
12.1.3.2 Products/Solutions/Services Offered
12.1.3.3 Recent Developments
12.1.3.3.1 Solution/Service Launches
12.1.3.3.2 Deals
12.1.3.4 Analyst's View
12.1.3.4.1 Key Strengths/Right to Win
12.1.3.4.2 Strategic Choices
12.1.3.4.3 Weaknesses/Competitive Threats
12.1.4 Intertek Group PLC
12.1.4.1 Business Overview
12.1.4.2 Products/Solutions/Services Offered
12.1.4.3 Recent Developments
12.1.4.3.1 Solution/Service Launches
12.1.4.3.2 Deals
12.1.4.4 Analyst's View
12.1.4.4.1 Key Strengths/Right to Win
12.1.4.4.2 Strategic Choices
12.1.4.4.3 Weaknesses/Competitive Threats
12.1.5 Tüv Süd
12.1.5.1 Business Overview
12.1.5.2 Products/Solutions/Services Offered
12.1.5.3 Recent Developments
12.1.5.3.1 Solution/Service Launches
12.1.5.3.2 Deals
12.1.5.3.3 Expansions
12.1.5.3.4 Others
12.1.5.4 Analyst's View
12.1.5.4.1 Key Strengths/Right to Win
12.1.5.4.2 Strategic Choices
12.1.5.4.3 Weaknesses/Competitive Threats
12.1.6 Tüv Rheinland
12.1.6.1 Business Overview
12.1.6.2 Products/Solutions/Services Offered
12.1.6.3 Recent Developments
12.1.6.3.1 Solution/Service Launches
12.1.6.3.2 Deals
12.1.6.3.3 Expansions
12.1.7 Applus+
12.1.7.1 Business Overview
12.1.7.2 Products/Solutions/Services Offered
12.1.7.3 Recent Developments
12.1.7.3.1 Solution/Service Launches
12.1.7.3.2 Deals
12.1.8 Tüv Nord Group
12.1.8.1 Business Overview
12.1.8.2 Products/Solutions/Services Offered
12.1.8.3 Recent Developments
12.1.8.3.1 Solution/Service Launches
12.1.8.3.2 Deals
12.1.9 Ul LLC
12.1.9.1 Business Overview
12.1.9.2 Products/Solutions/Services Offered
12.1.9.3 Recent Developments
12.1.9.3.1 Solution/Service Launches
12.1.9.3.2 Deals
12.1.10 Dekra
12.1.10.1 Business Overview
12.1.10.2 Products/Solutions/Services Offered
12.1.10.3 Recent Developments
12.1.10.3.1 Solution/Service Launches
12.1.10.3.2 Deals
12.2 Other Players
12.2.1 Element Materials Technology
12.2.2 Apave
12.2.3 Kiwa
12.2.4 Vde Testing and Certification Institute GmbH
12.2.5 Amspec Group
12.2.6 Force Technology
12.2.7 Rina S.P.A.
12.2.8 Lrqa Group Limited
12.2.9 Ricardo
12.2.10 Ballard Power Systems
12.2.11 Twi Ltd.
12.2.12 Bakerrisk
12.2.13 Powertech Labs Inc.
12.2.14 Resato
12.2.15 Avl
13 Appendix
13.1 Insights from Industry Experts
13.2 Discussion Guide
13.3 Knowledgestore: The Subscription Portal
13.4 Customization Options
List of Tables
Table 1 Production Cost for Different Types of Hydrogen
Table 2 Roles of Companies in Hydrogen Technology Tic Ecosystem
Table 3 Specifications of Alkaline Electrolyzer
Table 4 List of Applied/Granted Patents Related to Hydrogen Technology Tic Services, 2020-2022
Table 5 Export Data for HS Code 280410-Compliant Products, by Country, 2020-2023 (USD Thousand)
Table 6 Import Data for HS Code 280410-Compliant Products, by Country, 2020-2023 (USD Thousand)
Table 7 Hydrogen Technology Tic Market: List of Conferences and Events, 2024-2025
Table 8 Tariff Data for HS Code 280410-Compliant Products Exported by US, 2023
Table 9 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Hydrogen Technology Tic Market: Porter's Five Forces Analysis
Table 14 Influence of Key Stakeholders on Buying Process, by Application (%)
Table 15 Key Buying Criteria for Top Three Applications
Table 16 Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 17 Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 18 Generation: Hydrogen Technology Tic Market, by Type, 2020-2023 (USD Million)
Table 19 Generation: Hydrogen Technology Tic Market, by Type, 2024-2029 (USD Million)
Table 20 Generation: Hydrogen Technology Tic Market, by Application, 2020-2023 (USD Million)
Table 21 Generation: Hydrogen Technology Tic Market, by Application, 2024-2029 (USD Million)
Table 22 Generation: Hydrogen Technology Tic Market, by Region, 2020-2023 (USD Million)
Table 23 Generation: Hydrogen Technology Tic Market, by Region, 2024-2029 (USD Million)
Table 24 Generation: Hydrogen Technology Tic Market in North America, by Country, 2020-2023 (USD Million)
Table 25 Generation: Hydrogen Technology Tic Market in North America, by Country, 2024-2029 (USD Million)
Table 26 Generation: Hydrogen Technology Tic Market in Europe, by Country, 2020-2023 (USD Million)
Table 27 Generation: Hydrogen Technology Tic Market in Europe, by Country, 2024-2029 (USD Million)
Table 28 Generation: Hydrogen Technology Tic Market in Asia-Pacific, by Country, 2020-2023 (USD Million)
Table 29 Generation: Hydrogen Technology Tic Market in Asia-Pacific, by Country, 2024-2029 (USD Million)
Table 30 Generation: Hydrogen Technology Tic Market in RoW, by Region, 2020-2023 (USD Million)
Table 31 Generation: Hydrogen Technology Tic Market in RoW, by Region, 2024-2029 (USD Million)
Table 32 Storage: Hydrogen Technology Tic Market, by Type, 2020-2023 (USD Million)
Table 33 Storage: Hydrogen Technology Tic Market, by Type, 2024-2029 (USD Million)
Table 34 Storage: Hydrogen Technology Tic Market, by Application, 2020-2023 (USD Million)
Table 35 Storage: Hydrogen Technology Tic Market, by Application, 2024-2029 (USD Million)
Table 36 Storage: Hydrogen Technology Tic Market, by Region, 2020-2023 (USD Million)
Table 37 Storage: Hydrogen Technology Tic Market, by Region, 2024-2029 (USD Million)
Table 38 Storage: Hydrogen Technology Tic Market in North America, by Country, 2020-2023 (USD Million)
Table 39 Storage: Hydrogen Technology Tic Market in North America, by Country, 2024-2029 (USD Million)
Table 40 Storage: Hydrogen Technology Tic Market in Europe, by Country, 2020-2023 (USD Million)
Table 41 Storage: Hydrogen Technology Tic Market in Europe, by Country, 2024-2029 (USD Million)
Table 42 Storage: Hydrogen Technology Tic Market in Asia-Pacific, by Country, 2020-2023 (USD Million)
Table 43 Storage: Hydrogen Technology Tic Market in Asia-Pacific, by Country, 2024-2029 (USD Million)
Table 44 Storage: Hydrogen Technology Tic Market in RoW, by Region, 2020-2023 (USD Million)
Table 45 Storage: Hydrogen Technology Tic Market in RoW, by Region, 2024-2029 (USD Million)
Table 46 Transportation: Hydrogen Technology Tic Market, by Type, 2020-2023 (USD Million)
Table 47 Transportation: Hydrogen Technology Tic Market, by Type, 2024-2029 (USD Million)
Table 48 Transportation: Hydrogen Technology Tic Market, by Application, 2020-2023 (USD Million)
Table 49 Transportation: Hydrogen Technology Tic Market, by Application, 2024-2029 (USD Million)
Table 50 Transportation: Hydrogen Technology Tic Market, by Region, 2020-2023 (USD Million)
Table 51 Transportation: Hydrogen Technology Tic Market, by Region, 2024-2029 (USD Million)
Table 52 Transportation: Hydrogen Technology Tic Market in North America, by Country, 2020-2023 (USD Million)
Table 53 Transportation: Hydrogen Technology Tic Market in North America, by Country, 2024-2029 (USD Million)
Table 54 Transportation: Hydrogen Technology Tic Market in Europe, by Country, 2020-2023 (USD Million)
Table 55 Transportation: Hydrogen Technology Tic Market in Europe, by Country, 2024-2029 (USD Million)
Table 56 Transportation: Hydrogen Technology Tic Market in Asia-Pacific, by Country, 2020-2023 (USD Million)
Table 57 Transportation: Hydrogen Technology Tic Market in Asia-Pacific, by Country, 2024-2029 (USD Million)
Table 58 Transportation: Hydrogen Technology Tic Market in RoW, by Region, 2020-2023 (USD Million)
Table 59 Transportation: Hydrogen Technology Tic Market in RoW, by Region, 2024-2029 (USD Million)
Table 60 Hydrogen Technology Tic Market, by Testing Type, 2020-2023 (USD Million)
Table 61 Hydrogen Technology Tic Market, by Testing Type, 2024-2029 (USD Million)
Table 62 Hydrogen Technology Tic Market, by Application, 2020-2023 (USD Million)
Table 63 Hydrogen Technology Tic Market, by Application, 2024-2029 (USD Million)
Table 64 Refining & Chemical: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 65 Refining & Chemical: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 66 Mobility: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 67 Mobility: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 68 Energy: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 69 Energy: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 70 Other Applications: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 71 Other Applications: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 72 Hydrogen Technology Tic Market, by Service, 2020-2023 (USD Million)
Table 73 Hydrogen Technology Tic Market, by Service, 2024-2029 (USD Million)
Table 74 Hydrogen Technology Tic Market, by Region, 2020-2023 (USD Million)
Table 75 Hydrogen Technology Tic Market, by Region, 2024-2029 (USD Million)
Table 76 North America: Hydrogen Technology Tic Market, by Country, 2020-2023 (USD Million)
Table 77 North America: Hydrogen Technology Tic Market, by Country, 2024-2029 (USD Million)
Table 78 North America: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 79 North America: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 80 US: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 81 US: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 82 Canada: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 83 Canada: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 84 Mexico: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 85 Mexico: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 86 Europe: Hydrogen Technology Tic Market, by Country, 2020-2023 (USD Million)
Table 87 Europe: Hydrogen Technology Tic Market, by Country, 2024-2029 (USD Million)
Table 88 Europe: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 89 Europe: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 90 UK: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 91 UK: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 92 Germany: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 93 Germany: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 94 France: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 95 France: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 96 Rest of Europe: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 97 Rest of Europe: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 98 Asia-Pacific: Hydrogen Technology Tic Market, by Country, 2020-2023 (USD Million)
Table 99 Asia-Pacific: Hydrogen Technology Tic Market, by Country, 2024-2029 (USD Million)
Table 100 Asia-Pacific: Hydrogen Technology Tic Market, by Application, 2020-2023 (USD Million)
Table 101 Asia-Pacific: Hydrogen Technology Tic Market, by Application, 2024-2029 (USD Million)
Table 102 China: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 103 China: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 104 India: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 105 India: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 106 Japan: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 107 Japan: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 108 South Korea: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 109 South Korea: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 110 Rest of Asia-Pacific: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 111 Rest of Asia-Pacific: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 112 RoW: Hydrogen Technology Tic Market, by Region, 2020-2023 (USD Million)
Table 113 RoW: Hydrogen Technology Tic Market, by Region, 2024-2029 (USD Million)
Table 114 RoW: Hydrogen Technology Tic Market, by Application, 2020-2023 (USD Million)
Table 115 RoW: Hydrogen Technology Tic Market, by Application, 2024-2029 (USD Million)
Table 116 South America: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 117 South America: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 118 Middle East & Africa: Hydrogen Technology Tic Market, by Process, 2020-2023 (USD Million)
Table 119 Middle East & Africa: Hydrogen Technology Tic Market, by Process, 2024-2029 (USD Million)
Table 120 Middle East & Africa: Hydrogen Technology Tic Market, by Country, 2020-2023 (USD Million)
Table 121 Middle East & Africa: Hydrogen Technology Tic Market, by Country, 2024-2029 (USD Million)
Table 122 Key Player Strategies/Right to Win, 2020-2024
Table 123 Hydrogen Technology Tic Market: Degree of Competition, 2023
Table 124 Hydrogen Technology Tic Market: Process Footprint
Table 125 Hydrogen Technology Tic Market: Service Footprint
Table 126 Hydrogen Technology Tic Market: Testing Type Footprint
Table 127 Hydrogen Technology Tic Market: Application Footprint
Table 128 Hydrogen Technology Tic Market: Region Footprint
Table 129 Hydrogen Technology Tic Market: List of Key Startups/SMEs
Table 130 Hydrogen Technology Tic Market: Competitive Benchmarking of Key Startups/SMEs
Table 131 Hydrogen Technology Tic Market: Solution/Service Launches, February 2020-June 2024
Table 132 Hydrogen Technology Tic Market: Deals, February 2020-June 2024
Table 133 Hydrogen Technology Tic Market: Expansions, February 2020-June 2024
Table 134 Hydrogen Technology Tic Market: Others, February 2020-June 2024
Table 135 Sgs SA: Company Overview
Table 136 Sgs SA: Products/Solutions/Services Offered
Table 137 Sgs SA: Solution/Service Launches
Table 138 Sgs SA: Deals
Table 139 Sgs SA: Expansions
Table 140 Sgs SA: Others
Table 141 Dnv Gl: Company Overview
Table 142 Dnv Gl: Products/Solutions/Services Offered
Table 143 Dnv Gl: Solution/Service Launches
Table 144 Dnv Gl: Deals
Table 145 Dnv Gl: Expansions
Table 146 Dnv Gl: Others
Table 147 Bureau Veritas: Company Overview
Table 148 Bureau Veritas: Products/Solutions/Services Offered
Table 149 Bureau Veritas: Solution/Service Launches
Table 150 Bureau Veritas: Deals
Table 151 Intertek Group PLC: Company Overview
Table 152 Intertek Group PLC: Products/Solutions/Services Offered
Table 153 Intertek Group PLC: Solution/Service Launches
Table 154 Intertek Group PLC: Deals
Table 155 Tüv Süd: Company Overview
Table 156 Tüv Süd: Products/Solutions/Services Offered
Table 157 Tüv Süd: Solution/Service Launches
Table 158 Tüv Süd: Deals
Table 159 Tüv Süd: Expansions
Table 160 Tüv Süd: Others
Table 161 Tüv Rheinland: Company Overview
Table 162 Tüv Rheinland: Products/Solutions/Services Offered
Table 163 Tüv Rheinland: Solution/Service Launches
Table 164 Tüv Rheinland: Deals
Table 165 Tüv Rheinland: Expansions
Table 166 Applus+: Company Overview
Table 167 Applus+: Products/Solutions/Services Offered
Table 168 Applus+: Solution/Service Launches
Table 169 Applus+: Deals
Table 170 Tüv Nord Group: Company Overview
Table 171 Tüv Nord Group: Products/Solutions/Services Offered
Table 172 Tüv Nord Group: Solution/Service Launches
Table 173 Tüv Nord Group: Deals
Table 174 Ul LLC: Company Overview
Table 175 Ul LLC: Products/Solutions/Services Offered
Table 176 Ul Solutions: Solution/Service Launches
Table 177 Ul LLC: Deals
Table 178 Dekra: Company Overview
Table 179 Dekra: Products/Solutions/Services Offered
Table 180 Dekra: Solution/Service Launches
Table 181 Dekra: Deals
List of Figures
Figure 1 Hydrogen Technology Tic Market Segmentation and Regional Scope
Figure 2 Hydrogen Technology Tic Market: Research Design
Figure 3 Hydrogen Technology Tic Market: Bottom-Up Approach
Figure 4 Hydrogen Technology Tic Market: Demand-Side Approach
Figure 5 Hydrogen Technology Tic Market: Top-Down Approach
Figure 6 Hydrogen Technology Tic Market: Supply-Side Analysis
Figure 7 Data Triangulation
Figure 8 Global Hydrogen Technology Tic Market, 2020-2029 (USD Million)
Figure 9 Generation Segment to Account for Largest Market Share in 2024
Figure 10 Testing Segment to Lead Market in 2029
Figure 11 Hydrogen Permeation and Compatibility Testing Segment to Dominate Market in 2024
Figure 12 Refining & Chemical Segment to Hold Largest Market Share in 2029
Figure 13 Asia-Pacific to Exhibit Highest CAGR in Global Hydrogen Technology Tic Market During Forecast Period
Figure 14 Growing Shift Toward Clean Energy Sources to Boost Demand
Figure 15 Generation Segment to Account for Largest Market Share in 2029
Figure 16 Refining & Chemical Segment to Dominate Market in 2029
Figure 17 Testing Segment to Dominate Market in 2029
Figure 18 Hydrogen Permeation and Compatibility Testing Segment to Command Market in 2029
Figure 19 Asia-Pacific to Dominate Global Hydrogen Technology Tic Market During Forecast Period
Figure 20 Hydrogen Technology Tic Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Developments Related to Hydrogen and Hydrogen-based Fuels
Figure 22 Hydrogen Technology Tic Market: Impact Analysis of Drivers
Figure 23 Hydrogen Technology Tic Market: Impact Analysis of Restraints
Figure 24 Hydrogen Technology Tic Market: Impact Analysis of Opportunities
Figure 25 Hydrogen Technology Tic Market: Impact Analysis of Challenges
Figure 26 Trends/Disruptions Impacting Customers’ Businesses
Figure 27 Average Selling Price Trend of Tic Services Offered by Key Players, 2023, (USD)
Figure 28 Average Selling Price Trend of Certification Services Offered by Key Players, 2020-2023 (USD)
Figure 29 Average Selling Price Trend of Certification Services, by Region, 2020-2023 (USD)
Figure 30 Hydrogen Technology Tic Market: Supply Chain Analysis
Figure 31 Ecosystem Analysis: Hydrogen Technology Tic Market
Figure 32 Investment and Funding Scenario
Figure 33 Number of Patents Applied and Granted for Hydrogen Technology Tic Services, 2014-2023
Figure 34 Regional Analysis of Patents Granted for Hydrogen Technology Tic Services, 2014-2023
Figure 35 Export Data for HS Code 280410-Compliant Products, by Country, 2020-2023 (USD Thousand)
Figure 36 Import Data for HS Code 280410-Compliant Products, by Country, 2020-2022 (USD Thousand)
Figure 37 Hydrogen Technology Tic Market: Porter's Five Forces Analysis-2023
Figure 38 Influence of Stakeholders on Buying Process, by Application
Figure 39 Buying Criteria, by Application
Figure 40 Major Applications of AI in Hydrogen Technology Tic Ecosystem
Figure 41 Hydrogen Technology Tic Market, by Process
Figure 42 Generation Segment to Lead Market in 2024
Figure 43 Hydrogen Technology Tic Market, by Testing Type
Figure 44 Hydrogen Permeation and Compatibility Testing Segment to Lead Market in 2024
Figure 45 Hydrogen Technology Tic Market, by Application
Figure 46 Refining & Chemical Segment to Claim Largest Market Share in 2029
Figure 47 Hydrogen Technology Tic Market, by Service
Figure 48 Testing Segment to Account for Largest Market Share in 2029
Figure 49 Hydrogen Technology Tic Market, by Region
Figure 50 India to Exhibit Highest CAGR in Global Hydrogen Technology Tic Market During Forecast Period
Figure 51 Asia-Pacific to Register Highest CAGR During Forecast Period
Figure 52 North America: Hydrogen Technology Tic Market Snapshot
Figure 53 Europe: Hydrogen Technology Tic Market Snapshot
Figure 54 Asia-Pacific: Hydrogen Technology Tic Market Snapshot
Figure 55 RoW: Hydrogen Technology Tic Market Snapshot
Figure 56 Hydrogen Technology Tic Market: Revenue Analysis of Five Key Players, 2019-2023
Figure 57 Market Share Analysis of Top Companies in Hydrogen Technology Tic Services, 2023
Figure 58 Company Valuation, 2024 (USD Billion)
Figure 59 Financial Metrics, 2024 (EV/EBITDA)
Figure 60 Brand/Product Comparison
Figure 61 Hydrogen Technology Tic Market: Company Evaluation Matrix (Key Players), 2023
Figure 62 Hydrogen Technology Tic Market: Company Footprint
Figure 63 Hydrogen Technology Tic: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 64 Sgs SA: Company Snapshot
Figure 65 Dnv Gl: Company Snapshot
Figure 66 Bureau Veritas: Company Snapshot
Figure 67 Intertek Group PLC: Company Snapshot
Figure 68 Tüv Süd: Company Snapshot
Figure 69 Tüv Rheinland: Company Snapshot
Figure 70 Applus+: Company Snapshot
Figure 71 Tüv Nord Group: Company Snapshot
Figure 72 Dekra: Company Snapshot

Companies Mentioned

  • Sgs SA
  • Dnv Gl
  • Bureau Veritas
  • Intertek Group PLC
  • Tüv Süd
  • Tüv Rheinland
  • Applus+
  • Tüv Nord Group
  • Ul LLC
  • Dekra
  • Element Materials Technology
  • Apave
  • Kiwa
  • Vde Testing and Certification Institute GmbH
  • Amspec Group
  • Force Technology
  • Rina S.P.A.
  • Lrqa Group Limited
  • Ricardo
  • Ballard Power Systems
  • Twi Ltd.
  • Bakerrisk
  • Powertech Labs Inc.
  • Resato
  • Avl

Table Information

Report AttributeDetails
No. of Pages253
PublishedJuly 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 4.1 Billion
Forecasted Market Value ( USD ) by 2029 $ 9.2 Billion
Compound Annual Growth Rate17.8%
Regions CoveredGlobal
No. of Companies Mentioned25

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