水素技術試験、検査、認証(TIC)市場 – 2029年までの世界予測

Hydrogen Technology Testing and Certification Market - Global Forecast To 2029

水素技術試験、検査、認証(TIC)市場 - プロセス(生成、保管、輸送/流通)、サービスの種類(試験、検査、認証)、試験の種類、用途および地域別 - 2029年までの世界予測
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
出版年月2024年7月
ページ数253
図表数253
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

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.

世界の水素技術試験、検査、認証(TIC)市場は 2024 年に 41 億米ドルと評価され、2029 年までに 92 億米ドルに達すると予測されています。予測期間中に 17.8% の CAGR を記録すると予想されます。

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.

水素技術試験、検査、認証(TIC)市場 - 2029年までの世界予測

“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.

水素技術試験、検査、認証(TIC)市場 - 2029年までの世界予測  ecosystem

“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%

水素技術試験、検査、認証(TIC)市場 - 2029年までの世界予測  region

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            23

1.1         STUDY OBJECTIVES      23

1.2         MARKET DEFINITION   23

1.3         STUDY SCOPE  24

1.3.1      MARKETS COVERED AND REGIONAL SCOPE     24

1.3.2      YEARS CONSIDERED     25

1.3.3      INCLUSIONS AND EXCLUSIONS 25

1.4         CURRENCY CONSIDERED          26

1.5         LIMITATIONS   26

1.6         STAKEHOLDERS            26

2            RESEARCH METHODOLOGY     27

2.1         RESEARCH APPROACH 27

2.1.1      SECONDARY DATA       28

2.1.1.1   List of key secondary sources           28

2.1.1.2   Key data from secondary sources     29

2.1.2      PRIMARY DATA 29

2.1.2.1   Intended participants and key opinion leaders in primary interviews        29

2.1.2.2   Key data from primary sources         30

2.1.2.3   Key industry insights          30

2.1.2.4   Breakdown of primaries     31

2.1.3      SECONDARY AND PRIMARY RESEARCH 31

2.2         MARKET SIZE ESTIMATION       32

2.2.1      BOTTOM-UP APPROACH           32

2.2.1.1   Approach to estimate market size using bottom-up analysis

(demand side)     32

2.2.2      TOP-DOWN APPROACH             33

2.2.2.1   Approach to estimate market size using top-down analysis

(supply side)        34

2.3         DATA TRIANGULATION             35

2.4         RESEARCH ASSUMPTIONS         35

2.5         RISK ANALYSIS 36

2.6         RESEARCH LIMITATIONS           36

3            EXECUTIVE SUMMARY 37

4            PREMIUM INSIGHTS      42

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYDROGEN TECHNOLOGY TIC MARKET     42

4.2         HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS 42

4.3         HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION      43

4.4         HYDROGEN TECHNOLOGY TIC MARKET, BY SERVICE   43

4.5         HYDROGEN TECHNOLOGY TIC MARKET, BY TESTING TYPE     44

4.6         HYDROGEN TECHNOLOGY TIC MARKET, BY REGION   44

5            MARKET OVERVIEW     45

5.1         INTRODUCTION            45

5.2         MARKET DYNAMICS     45

5.2.1      DRIVERS            46

5.2.1.1   Rising focus on achieving sustainable and low-carbon economy 46

5.2.1.2   Increasing use of low-carbon fuel in transportation sector          47

5.2.1.3   Growing production of green hydrogen         47

5.2.1.4   Rising need to ensure safety and reliability of hydrogen technologies       48

5.2.2      RESTRAINTS     48

5.2.2.1   Requirement of substantial renewable energy and water to feed electrolyzers              48

5.2.2.2   Lack of uniformity in global TIC standards    49

5.2.3      OPPORTUNITIES           50

5.2.3.1   Adoption of hydrogen fuel cells in transportation sector             50

5.2.3.2   Deployment of blockchain technology in TIC services  50

5.2.4      CHALLENGES   51

5.2.4.1   Costly on-site production of hydrogen           51

5.2.4.2   Keeping testing protocols and certifications up to date 52

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 52

5.4         PRICING ANALYSIS        53

5.4.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SERVICE TYPE, 2023      53

5.4.2      AVERAGE SELLING PRICE TREND OF CERTIFICATION SERVICES OFFERED BY KEY PLAYERS, 2020–2023   54

5.4.3      AVERAGE SELLING PRICE TREND OF CERTIFICATION SERVICES, BY REGION, 2020–2023        55

5.5         SUPPLY CHAIN ANALYSIS          55

5.6         ECOSYSTEM ANALYSIS 57

5.7         INVESTMENT AND FUNDING SCENARIO            58

5.8         TECHNOLOGY ANALYSIS           58

5.8.1      KEY TECHNOLOGIES    58

5.8.1.1   Hydrogen fuel cells            58

5.8.1.2   Alkaline electrolysis           59

5.8.2      COMPLEMENTARY TECHNOLOGIES     59

5.8.2.1   Material science   59

5.8.3      ADJACENT TECHNOLOGIES      60

5.8.3.1   Energy storage management systems             60

5.8.3.2   Solid-state storage             60

5.9         PATENT ANALYSIS        61

5.10       TRADE ANALYSIS          63

5.10.1    EXPORT DATA (HS CODE 280410)           64

5.10.2    IMPORT DATA (HS CODE 280410)           65

5.11       KEY CONFERENCES AND EVENTS, 2023–2024     66

5.12       CASE STUDY ANALYSIS 68

5.12.1    APPLUS+ OFFERED TECHNICAL SUPPORT TO HELP GREEN HYDROGEN PLANT OWNER IN BARCELONA TO SUPPLY HYDROGEN FOR TRANSPORTATION AND INDUSTRIAL APPLICATIONS  68

5.12.2    SIEMENS ENERGY COLLABORATED WITH TÜV SÜD TO DEVELOP H2-READY POWER PLANTS TO ENSURE RELIABLE ENERGY SUPPLY             68

5.12.3    TÜV SÜD HELPED HYDROGEN-POWERED VEHICLE MANUFACTURERS GAIN SAFE EU MARKET ACCESS BY CLOSING REGULATORY GAPS         69

5.13       TARIFF AND REGULATORY LANDSCAPE            69

5.13.1    TARIFF ANALYSIS          69

5.13.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          70

5.13.3    REGULATIONS 72

5.14       PORTER’S FIVE FORCES ANALYSIS         73

5.14.1    THREAT OF NEW ENTRANTS    74

5.14.2    THREAT OF SUBSTITUTES         74

5.14.3    BARGAINING POWER OF SUPPLIERS     74

5.14.4    BARGAINING POWER OF BUYERS           75

5.14.5    INTENSITY OF COMPETITIVE RIVALRY 75

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    75

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         75

5.15.2    BUYING CRITERIA         76

5.16       IMPACT OF AI/GEN AI ON HYDROGEN TECHNOLOGY TIC MARKET              77

6            HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS 80

6.1         INTRODUCTION            81

6.2         GENERATION   82

6.2.1      GRAY HYDROGEN         83

6.2.1.1   Low cost of production to drive market          83

6.2.2      BLUE HYDROGEN         84

6.2.2.1   Rising demand for clean hydrogen to spur demand      84

6.2.3      GREEN HYDROGEN       84

6.2.3.1   Increasing focus on achieving net-zero carbon emission targets to boost demand              84

6.2.4      OTHERS             85

6.3         STORAGE          89

6.3.1      PHYSICAL         90

6.3.1.1   Rising application in buffer tanks to drive market         90

6.3.2      MATERIAL-BASED         90

6.3.2.1   Enhanced hydrogen storage performance with improved kinetics to spur demand              90

6.4         TRANSPORTATION       94

6.4.1      LONG-DISTANCE          95

6.4.1.1   Growing emphasis on establishing strong hydrogen infrastructure to drive market              95

6.4.2      SHORT-DISTANCE        95

6.4.2.1   Increasing demand for emergency power backups to accelerate demand  95

7            HYDROGEN TECHNOLOGY TIC MARKET, BY TESTING TYPE     100

7.1         INTRODUCTION            101

7.2         PRESSURE CYCLE, LEAKAGE AND TIGHTNESS TESTING             103

7.2.1      INCREASING NEED TO DETECT AND MINIMIZE FUGITIVE HYDROGEN EMISSIONS TO BOOST DEMAND            103

7.3         OVERPRESSURE, BURST, AND FLOW TESTING  103

7.3.1      PRESSING NEED TO MITIGATE RISKS ASSOCIATED WITH HYDROGEN TECHNOLOGIES TO DRIVE MARKET     103

7.4         HYDROGEN PERMEATION AND COMPATIBILITY TESTING        103

7.4.1      GROWING DEMAND FOR ACCURATE MEASUREMENTS OF GAS PERMEATION PROPERTIES UNDER HIGH-PRESSURE CONDITIONS TO DRIVE MARKET            103

7.5         OTHER TESTING TYPES             104

8            HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION      105

8.1         INTRODUCTION            106

8.2         REFINING & CHEMICAL 107

8.2.1      GROWING APPLICATION IN STEELMAKING TO DRIVE MARKET              107

8.3         MOBILITY         108

8.3.1      RISING FOCUS ON DECARBONIZING ROAD TRANSPORT SECTOR TO SPUR DEMAND 108

8.4         ENERGY             110

8.4.1      INCREASING PRODUCTION OF ELECTRICITY THROUGH ELECTROCHEMICAL PROCESS TO ACCELERATE DEMAND        110

8.5         OTHER APPLICATIONS 111

9            HYDROGEN TECHNOLOGY TIC MARKET, BY SERVICE   113

9.1         INTRODUCTION            114

9.2         TESTING           115

9.2.1      GROWING EMPHASIS OF HYDROGEN SECTOR TO INNOVATE STORAGE SOLUTIONS AND DISTRIBUTION NETWORKS TO BOOST DEMAND              115

9.3         INSPECTION     116

9.3.1      INCREASING NEED TO ADHERE TO INDUSTRIAL AND GOVERNMENT SAFETY REGULATIONS TO ACCELERATE DEMAND       116

9.4         CERTIFICATION             117

9.4.1      RISING FOCUS OF ESTABLISHED PLAYERS TO INTRODUCE CERTIFICATION SCHEMES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES              117

9.5         OTHER SERVICES          117

10          HYDROGEN TECHNOLOGY TIC MARKET, BY REGION   118

10.1       INTRODUCTION            119

10.2       NORTH AMERICA          121

10.2.1    MACROECONOMIC OUTLOOK IN NORTH AMERICA      121

10.2.2    US         123

10.2.2.1 Growing focus on producing affordable carbon-free hydrogen to boost demand              123

10.2.3    CANADA            125

10.2.3.1 Government-led initiatives to support private investors build clean fuel production capacity to spur demand    125

10.2.4    MEXICO             126

10.2.4.1 Rising focus on developing green hydrogen to accelerate demand            126

10.3       EUROPE             127

10.3.1    MACROECONOMIC OUTLOOK IN EUROPE        127

10.3.2    UK         129

10.3.2.1 Increasing focus on reducing natural gas imports to drive market             129

10.3.3    GERMANY         130

10.3.3.1 Growing adoption of fuel cell electric vehicles to drive market    130

10.3.4    FRANCE             131

10.3.4.1 Rising consumption of oil in industrial and transport sectors to foster market growth   131

10.3.5    REST OF EUROPE           132

10.4       ASIA PACIFIC    134

10.4.1    MACROECONOMIC OUTLOOK IN ASIA PACIFIC 134

10.4.2    CHINA  136

10.4.2.1 Government-led initiatives to deploy fuel cell buses and trucks to offer lucrative growth opportunities         136

10.4.3    INDIA   138

10.4.3.1 Growing emphasis on boosting domestic production of green hydrogen to drive market   138

10.4.4    JAPAN  139

10.4.4.1 Rising focus on achieving carbon neutrality to accelerate demand            139

10.4.5    SOUTH KOREA 141

10.4.5.1 Increasing development of hydrogen technology in electricity, energy, commercial, and marine industries to drive market            141

10.4.6    REST OF ASIA PACIFIC  142

10.5       ROW     143

10.5.1    MACROECONOMIC OUTLOOK IN ROW 144

10.5.2    SOUTH AMERICA           146

10.5.2.1 Presence of untapped crude oil and natural gas reserves to offer lucrative growth opportunities       146

10.5.3    MIDDLE EAST & AFRICA             147

10.5.3.1 Rising demand from chemical industry to spur demand             147

10.5.3.2 GCC      149

10.5.3.3 Rest of Middle East & Africa            149

11          COMPETITIVE LANDSCAPE       150

11.1       OVERVIEW        150

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     150

11.3       REVENUE ANALYSIS, 2019–2023 152

11.4       MARKET SHARE ANALYSIS, 2023             153

11.5       COMPANY VALUATION AND FINANCIAL METRICS        156

11.6       BRAND/PRODUCT COMPARISON          157

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   158

11.7.1    STARS  158

11.7.2    EMERGING LEADERS    158

11.7.3    PERVASIVE PLAYERS     158

11.7.4    PARTICIPANTS 158

11.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      160

11.7.5.1 Company footprint            160

11.7.5.2 Process footprint 160

11.7.5.3 Service footprint  161

11.7.5.4 Testing type footprint        162

11.7.5.5 Application footprint         163

11.7.5.6 Region footprint  163

11.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          164

11.8.1    PROGRESSIVE COMPANIES       164

11.8.2    RESPONSIVE COMPANIES          164

11.8.3    DYNAMIC COMPANIES 164

11.8.4    STARTING BLOCKS       164

11.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             165

11.8.5.1 Detailed list of key startups/SMEs   165

11.8.5.2 Competitive benchmarking of key startups/SMEs        166

11.9       COMPETITIVE SCENARIO AND TRENDS             166

11.9.1.1 Solution/Service launches  166

11.9.1.2 Deals     171

11.9.1.3 Expansions          183

11.9.1.4 Others   185

12          COMPANY PROFILES    186

12.1       KEY PLAYERS   186

12.1.1    SGS SA  186

12.1.1.1 Business overview 186

12.1.1.2 Products/Solutions/Services offered 187

12.1.1.3 Recent developments         188

12.1.1.3.1            Solution/Service launches  188

12.1.1.3.2            Deals     188

12.1.1.3.3            Expansions          190

12.1.1.3.4            Others   191

12.1.1.4 MnM view           191

12.1.1.4.1            Key strengths/Right to win 191

12.1.1.4.2            Strategic choices  191

12.1.1.4.3            Weaknesses/Competitive threats     191

12.1.2    DNV GL             192

12.1.2.1 Business overview 192

12.1.2.2 Products/Solutions/Services offered 193

12.1.2.3 Recent developments         194

12.1.2.3.1            Solution/Service launches  194

12.1.2.3.2            Deals     195

12.1.2.3.3            Expansions          197

12.1.2.3.4            Others   198

12.1.2.4 MnM view           198

12.1.2.4.1            Key strengths/Right to win 198

12.1.2.4.2            Strategic choices  198

12.1.2.4.3            Weaknesses/Competitive threats     198

12.1.3    BUREAU VERITAS          199

12.1.3.1 Business overview 199

12.1.3.2 Products/Solutions/Services offered 200

12.1.3.3 Recent developments         201

12.1.3.3.1            Solution/Service launches  201

12.1.3.3.2            Deals     201

12.1.3.4 MnM view           202

12.1.3.4.1            Key strengths/Right to win 202

12.1.3.4.2            Strategic choices  202

12.1.3.4.3            Weaknesses/Competitive threats     202

12.1.4    INTERTEK GROUP PLC 203

12.1.4.1 Business overview 203

12.1.4.2 Products/Solutions/Services offered 204

12.1.4.3 Recent developments         205

12.1.4.3.1            Solution/Service launches  205

12.1.4.3.2            Deals     206

12.1.4.4 MnM view           206

12.1.4.4.1            Key strengths/Right to win 206

12.1.4.4.2            Strategic choices  207

12.1.4.4.3            Weaknesses/Competitive threats     207

12.1.5    TÜV SÜD           208

12.1.5.1 Business overview 208

12.1.5.2 Products/Solutions/Services offered 209

12.1.5.3 Recent developments         210

12.1.5.3.1            Solution/Service launches  210

12.1.5.3.2            Deals     211

12.1.5.3.3            Expansions          212

12.1.5.3.4            Others   213

12.1.5.4 MnM view           213

12.1.5.4.1            Key strengths/Right to win 213

12.1.5.4.2            Strategic choices  213

12.1.5.4.3            Weaknesses/Competitive threats     213

12.1.6    TÜV RHEINLAND           214

12.1.6.1 Business overview 214

12.1.6.2 Products/Solutions/Services offered 215

12.1.6.3 Recent developments         216

12.1.6.3.1            Solution/Service launches  216

12.1.6.3.2            Deals     217

12.1.6.3.3            Expansions          218

12.1.7    APPLUS+           219

12.1.7.1 Business overview 219

12.1.7.2 Products/Solutions/Services offered 220

12.1.7.3 Recent developments         221

12.1.7.3.1            Solution/Service launches  221

12.1.7.3.2            Deals     222

12.1.8    TÜV NORD GROUP        224

12.1.8.1 Business overview 224

12.1.8.2 Products/Solutions/Services offered 225

12.1.8.3 Recent developments         226

12.1.8.3.1            Solution/Service launches  226

12.1.8.3.2            Deals     226

12.1.9    UL LLC 227

12.1.9.1 Business overview 227

12.1.9.2 Products/Solutions/Services offered 228

12.1.9.3 Recent developments         228

12.1.9.3.1            Solution/Service launches  228

12.1.9.3.2            Deals     230

12.1.10  DEKRA 231

12.1.10.1             Business overview 231

12.1.10.2             Products/Solutions/Services offered 232

12.1.10.3             Recent developments         233

12.1.10.3.1          Solution/Service launches  233

12.1.10.3.2          Deals     233

12.2       OTHER PLAYERS           235

12.2.1    ELEMENT MATERIALS TECHNOLOGY   235

12.2.2    APAVE 236

12.2.3    KIWA    237

12.2.4    VDE TESTING AND CERTIFICATION INSTITUTE GMBH 238

12.2.5    AMSPEC GROUP            239

12.2.6    FORCE TECHNOLOGY  239

12.2.7    RINA S.P.A.        240

12.2.8    LRQA GROUP LIMITED 240

12.2.9    RICARDO           241

12.2.10  BALLARD POWER SYSTEMS       241

12.2.11  TWI LTD.           242

12.2.12  BAKERRISK       242

12.2.13  POWERTECH LABS INC.              243

12.2.14  RESATO             243

12.2.15  AVL      244

13          APPENDIX         245

13.1       INSIGHTS FROM INDUSTRY EXPERTS   245

13.2       DISCUSSION GUIDE      246

13.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             249

13.4       CUSTOMIZATION OPTIONS      251

13.5       RELATED REPORTS       251

13.6       AUTHOR DETAILS         252

LIST OF TABLES

TABLE 1             PRODUCTION COST FOR DIFFERENT TYPES OF HYDROGEN              51

TABLE 2             ROLES OF COMPANIES IN HYDROGEN TECHNOLOGY TIC ECOSYSTEM     57

TABLE 3             SPECIFICATIONS OF ALKALINE ELECTROLYZER            59

TABLE 4             LIST OF APPLIED/GRANTED PATENTS RELATED TO HYDROGEN TECHNOLOGY TIC SERVICES, 2020–2022     62

TABLE 5             EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2023 (USD THOUSAND)    64

TABLE 6             IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2023 (USD THOUSAND)       65

TABLE 7             HYDROGEN TECHNOLOGY TIC MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025             66

TABLE 8             TARIFF DATA FOR HS CODE 280410-COMPLIANT PRODUCTS EXPORTED

BY US, 2023        69

TABLE 9             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         70

TABLE 10           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         71

TABLE 11           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         71

TABLE 12           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      72

TABLE 13           HYDROGEN TECHNOLOGY TIC MARKET: PORTER’S FIVE FORCES ANALYSIS         74

TABLE 14           INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)         76

TABLE 15           KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              77

TABLE 16           HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2020–2023 (USD MILLION)     81

TABLE 17           HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2024–2029 (USD MILLION)     82

TABLE 18           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET, BY TYPE,

2020–2023 (USD MILLION)          83

TABLE 19           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET, BY TYPE,

2024–2029 (USD MILLION)          83

TABLE 20           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          85

TABLE 21           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          85

TABLE 22           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2020–2023 (USD MILLION)          86

TABLE 23           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2024–2029 (USD MILLION)          86

TABLE 24           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            86

TABLE 25           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            87

TABLE 26           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN EUROPE, BY COUNTRY,  2020–2023 (USD MILLION)       87

TABLE 27           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN EUROPE, BY COUNTRY,  2024–2029 (USD MILLION)       87

TABLE 28           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            88

TABLE 29           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            88

TABLE 30           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN ROW, BY REGION,

2020–2023 (USD MILLION)          88

TABLE 31           GENERATION: HYDROGEN TECHNOLOGY TIC MARKET IN ROW, BY REGION,

2024–2029 (USD MILLION)          89

TABLE 32           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET, BY TYPE,

2020–2023 (USD MILLION)          89

TABLE 33           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET, BY TYPE,

2024–2029 (USD MILLION)          89

TABLE 34           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          90

TABLE 35           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          91

TABLE 36           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2020–2023 (USD MILLION)          91

TABLE 37           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2024–2029 (USD MILLION)          91

TABLE 38           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            92

TABLE 39           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            92

TABLE 40           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)         92

TABLE 41           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)         93

TABLE 42           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          93

TABLE 43           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          93

TABLE 44           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN ROW, BY REGION,

2020–2023 (USD MILLION)          94

TABLE 45           STORAGE: HYDROGEN TECHNOLOGY TIC MARKET IN ROW, BY REGION,

2024–2029 (USD MILLION)          94

TABLE 46           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET, BY TYPE,

2020–2023 (USD MILLION)          94

TABLE 47           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET, BY TYPE,

2024–2029 (USD MILLION)          95

TABLE 48           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     95

TABLE 49           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     96

TABLE 50           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2020–2023 (USD MILLION)          96

TABLE 51           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2024–2029 (USD MILLION)          96

TABLE 52           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            97

TABLE 53           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            97

TABLE 54           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            97

TABLE 55           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            98

TABLE 56           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            98

TABLE 57           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            98

TABLE 58           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION) 99

TABLE 59           TRANSPORTATION: HYDROGEN TECHNOLOGY TIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION) 99

TABLE 60           HYDROGEN TECHNOLOGY TIC MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)          101

TABLE 61           HYDROGEN TECHNOLOGY TIC MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)          102

TABLE 62           HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          106

TABLE 63           HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          107

TABLE 64           REFINING & CHEMICAL: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2020–2023 (USD MILLION)           108

TABLE 65           REFINING & CHEMICAL: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2024–2029 (USD MILLION)           108

TABLE 66           MOBILITY: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          109

TABLE 67           MOBILITY: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          110

TABLE 68           ENERGY: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          111

TABLE 69           ENERGY: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          111

TABLE 70           OTHER APPLICATIONS: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2020–2023 (USD MILLION)           112

TABLE 71           OTHER APPLICATIONS: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2024–2029 (USD MILLION)           112

TABLE 72           HYDROGEN TECHNOLOGY TIC MARKET, BY SERVICE, 2020–2023 (USD MILLION)     114

TABLE 73           HYDROGEN TECHNOLOGY TIC MARKET, BY SERVICE, 2024–2029 (USD MILLION)     115

TABLE 74           HYDROGEN TECHNOLOGY TIC MARKET, BY REGION, 2020–2023 (USD MILLION)     120

TABLE 75           HYDROGEN TECHNOLOGY TIC MARKET, BY REGION, 2024–2029 (USD MILLION)     120

TABLE 76           NORTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          122

TABLE 77           NORTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          122

TABLE 78           NORTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          123

TABLE 79           NORTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          123

TABLE 80           US: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          124

TABLE 81           US: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          124

TABLE 82           CANADA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          125

TABLE 83           CANADA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          125

TABLE 84           MEXICO: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          126

TABLE 85           MEXICO: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          126

TABLE 86           EUROPE: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          128

TABLE 87           EUROPE: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          129

TABLE 88           EUROPE: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          129

TABLE 89           EUROPE: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          129

TABLE 90           UK: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          130

TABLE 91           UK: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          130

TABLE 92           GERMANY: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          131

TABLE 93           GERMANY: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          131

TABLE 94           FRANCE: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          132

TABLE 95           FRANCE: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          132

TABLE 96           REST OF EUROPE: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          133

TABLE 97           REST OF EUROPE: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          134

TABLE 98           ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          135

TABLE 99           ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          136

TABLE 100         ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          136

TABLE 101         ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          136

TABLE 102         CHINA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          138

TABLE 103         CHINA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          138

TABLE 104         INDIA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          139

TABLE 105         INDIA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          139

TABLE 106         JAPAN: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          140

TABLE 107         JAPAN: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          141

TABLE 108         SOUTH KOREA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          142

TABLE 109         SOUTH KOREA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          142

TABLE 110         REST OF ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2020–2023 (USD MILLION)           143

TABLE 111         REST OF ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2024–2029 (USD MILLION)           143

TABLE 112         ROW: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2020–2023 (USD MILLION)          145

TABLE 113         ROW: HYDROGEN TECHNOLOGY TIC MARKET, BY REGION,

2024–2029 (USD MILLION)          145

TABLE 114         ROW: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          145

TABLE 115         ROW: HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          145

TABLE 116         SOUTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2020–2023 (USD MILLION)          147

TABLE 117         SOUTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS,

2024–2029 (USD MILLION)          147

TABLE 118         MIDDLE EAST & AFRICA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2020–2023 (USD MILLION)           148

TABLE 119         MIDDLE EAST & AFRICA: HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS, 2024–2029 (USD MILLION)           148

TABLE 120         MIDDLE EAST & AFRICA: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)         148

TABLE 121         MIDDLE EAST & AFRICA: HYDROGEN TECHNOLOGY TIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         148

TABLE 122         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     150

TABLE 123         HYDROGEN TECHNOLOGY TIC MARKET: DEGREE OF COMPETITION, 2023     153

TABLE 124         HYDROGEN TECHNOLOGY TIC MARKET: PROCESS FOOTPRINT      160

TABLE 125         HYDROGEN TECHNOLOGY TIC MARKET: SERVICE FOOTPRINT      161

TABLE 126         HYDROGEN TECHNOLOGY TIC MARKET: TESTING TYPE FOOTPRINT      162

TABLE 127         HYDROGEN TECHNOLOGY TIC MARKET: APPLICATION FOOTPRINT      163

TABLE 128         HYDROGEN TECHNOLOGY TIC MARKET: REGION FOOTPRINT              163

TABLE 129         HYDROGEN TECHNOLOGY TIC MARKET: LIST OF KEY STARTUPS/SMES           165

TABLE 130         HYDROGEN TECHNOLOGY TIC MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        166

TABLE 131         HYDROGEN TECHNOLOGY TIC MARKET: SOLUTION/SERVICE LAUNCHES, FEBRUARY 2020–JUNE 2024 166

TABLE 132         HYDROGEN TECHNOLOGY TIC MARKET: DEALS, FEBRUARY 2020–JUNE 2024 171

TABLE 133         HYDROGEN TECHNOLOGY TIC MARKET:  EXPANSIONS,

FEBRUARY 2020–JUNE 2024        183

TABLE 134         HYDROGEN TECHNOLOGY TIC MARKET:  OTHERS, FEBRUARY 2020–JUNE 2024        185

TABLE 135         SGS SA: COMPANY OVERVIEW  186

TABLE 136         SGS SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED   187

TABLE 137         SGS SA: SOLUTION/SERVICE LAUNCHES            188

TABLE 138         SGS SA: DEALS  188

TABLE 139         SGS SA: EXPANSIONS    190

TABLE 140         SGS SA: OTHERS             191

TABLE 141         DNV GL: COMPANY OVERVIEW 192

TABLE 142         DNV GL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193

TABLE 143         DNV GL: SOLUTION/SERVICE LAUNCHES          194

TABLE 144         DNV GL: DEALS             195

TABLE 145         DNV GL: EXPANSIONS  197

TABLE 146         DNV GL: OTHERS          198

TABLE 147         BUREAU VERITAS: COMPANY OVERVIEW           199

TABLE 148         BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          200

TABLE 149         BUREAU VERITAS: SOLUTION/SERVICE LAUNCHES       201

TABLE 150         BUREAU VERITAS: DEALS          201

TABLE 151         INTERTEK GROUP PLC: COMPANY OVERVIEW 203

TABLE 152         INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          204

TABLE 153         INTERTEK GROUP PLC: SOLUTION/SERVICE LAUNCHES              205

TABLE 154         INTERTEK GROUP PLC: DEALS 206

TABLE 155         TÜV SÜD: COMPANY OVERVIEW            208

TABLE 156         TÜV SÜD: PRODUCTS/SOLUTIONS/SERVICES OFFERED              209

TABLE 157         TÜV SÜD: SOLUTION/SERVICE LAUNCHES        210

TABLE 158         TÜV SÜD: DEALS           211

TABLE 159         TÜV SÜD: EXPANSIONS 212

TABLE 160         TÜV SÜD: OTHERS        213

TABLE 161         TÜV RHEINLAND: COMPANY OVERVIEW           214

TABLE 162         TÜV RHEINLAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED          215

TABLE 163         TÜV RHEINLAND: SOLUTION/SERVICE LAUNCHES       216

TABLE 164         TÜV RHEINLAND: DEALS           217

TABLE 165         TÜV RHEINLAND: EXPANSIONS 218

TABLE 166         APPLUS+: COMPANY OVERVIEW            219

TABLE 167         APPLUS+: PRODUCTS/SOLUTIONS/SERVICES OFFERED              220

TABLE 168         APPLUS+: SOLUTION/SERVICE LAUNCHES        221

TABLE 169         APPLUS+: DEALS           222

TABLE 170         TÜV NORD GROUP: COMPANY OVERVIEW        224

TABLE 171         TÜV NORD GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          225

TABLE 172         TÜV NORD GROUP: SOLUTION/SERVICE LAUNCHES    226

TABLE 173         TÜV NORD GROUP: DEALS        226

TABLE 174         UL LLC: COMPANY OVERVIEW 227

TABLE 175         UL LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED  228

TABLE 176         UL SOLUTIONS: SOLUTION/SERVICE LAUNCHES           228

TABLE 177         UL LLC: DEALS 230

TABLE 178         DEKRA: COMPANY OVERVIEW  231

TABLE 179         DEKRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED   232

TABLE 180         DEKRA: SOLUTION/SERVICE LAUNCHES            233

TABLE 181         DEKRA: DEALS 233

LIST OF FIGURES

FIGURE 1           HYDROGEN TECHNOLOGY TIC MARKET SEGMENTATION AND REGIONAL SCOPE 24

FIGURE 2           HYDROGEN TECHNOLOGY TIC MARKET: RESEARCH DESIGN              27

FIGURE 3           HYDROGEN TECHNOLOGY TIC MARKET: BOTTOM-UP APPROACH       33

FIGURE 4           HYDROGEN TECHNOLOGY TIC MARKET: DEMAND-SIDE APPROACH       33

FIGURE 5           HYDROGEN TECHNOLOGY TIC MARKET: TOP-DOWN APPROACH       34

FIGURE 6           HYDROGEN TECHNOLOGY TIC MARKET: SUPPLY-SIDE ANALYSIS          34

FIGURE 7           DATA TRIANGULATION             35

FIGURE 8           GLOBAL HYDROGEN TECHNOLOGY TIC MARKET, 2020–2029 (USD MILLION) 38

FIGURE 9           GENERATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 38

FIGURE 10         TESTING SEGMENT TO LEAD MARKET IN 2029 39

FIGURE 11         HYDROGEN PERMEATION AND COMPATIBILITY TESTING SEGMENT TO DOMINATE MARKET IN 2024        39

FIGURE 12         REFINING & CHEMICAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 40

FIGURE 13         ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN GLOBAL HYDROGEN TECHNOLOGY TIC MARKET DURING FORECAST PERIOD  41

FIGURE 14         GROWING SHIFT TOWARD CLEAN ENERGY SOURCES TO BOOST DEMAND           42

FIGURE 15         GENERATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 42

FIGURE 16         REFINING & CHEMICAL SEGMENT TO DOMINATE MARKET IN 2029      43

FIGURE 17         TESTING SEGMENT TO DOMINATE MARKET IN 2029     43

FIGURE 18         HYDROGEN PERMEATION AND COMPATIBILITY TESTING SEGMENT TO COMMAND MARKET IN 2029        44

FIGURE 19         ASIA PACIFIC TO DOMINATE GLOBAL HYDROGEN TECHNOLOGY TIC MARKET DURING FORECAST PERIOD          44

FIGURE 20         HYDROGEN TECHNOLOGY TIC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES       45

FIGURE 21         DEVELOPMENTS RELATED TO HYDROGEN AND HYDROGEN-BASED FUELS   46

FIGURE 22         HYDROGEN TECHNOLOGY TIC MARKET: IMPACT ANALYSIS OF DRIVERS      48

FIGURE 23         HYDROGEN TECHNOLOGY TIC MARKET: IMPACT ANALYSIS OF RESTRAINTS             50

FIGURE 24         HYDROGEN TECHNOLOGY TIC MARKET: IMPACT ANALYSIS OF OPPORTUNITIES     51

FIGURE 25         HYDROGEN TECHNOLOGY TIC MARKET: IMPACT ANALYSIS OF CHALLENGES           52

FIGURE 26         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              53

FIGURE 27         AVERAGE SELLING PRICE TREND OF TIC SERVICES OFFERED BY KEY PLAYERS, 2023, (USD)    53

FIGURE 28         AVERAGE SELLING PRICE TREND OF CERTIFICATION SERVICES OFFERED BY KEY PLAYERS, 2020–2023 (USD) 54

FIGURE 29         AVERAGE SELLING PRICE TREND OF CERTIFICATION SERVICES, BY REGION,  2020–2023 (USD)           55

FIGURE 30         HYDROGEN TECHNOLOGY TIC MARKET: SUPPLY CHAIN ANALYSIS          56

FIGURE 31         ECOSYSTEM ANALYSIS: HYDROGEN TECHNOLOGY TIC MARKET            57

FIGURE 32         INVESTMENT AND FUNDING SCENARIO            58

FIGURE 33         NUMBER OF PATENTS APPLIED AND GRANTED FOR HYDROGEN TECHNOLOGY TIC SERVICES, 2014–2023     61

FIGURE 34         REGIONAL ANALYSIS OF PATENTS GRANTED FOR HYDROGEN TECHNOLOGY TIC SERVICES, 2014–2023             62

FIGURE 35         EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2023 (USD THOUSAND)       64

FIGURE 36         IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2022 (USD THOUSAND)     65

FIGURE 37         HYDROGEN TECHNOLOGY TIC MARKET: PORTER’S FIVE FORCES ANALYSIS–2023 73

FIGURE 38         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION  76

FIGURE 39         BUYING CRITERIA, BY APPLICATION    77

FIGURE 40         MAJOR APPLICATIONS OF AI IN HYDROGEN TECHNOLOGY TIC ECOSYSTEM            78

FIGURE 41         HYDROGEN TECHNOLOGY TIC MARKET, BY PROCESS 81

FIGURE 42         GENERATION SEGMENT TO LEAD MARKET IN 2024       81

FIGURE 43         HYDROGEN TECHNOLOGY TIC MARKET, BY TESTING TYPE              101

FIGURE 44         HYDROGEN PERMEATION AND COMPATIBILITY TESTING SEGMENT TO LEAD MARKET IN 2024    102

FIGURE 45         HYDROGEN TECHNOLOGY TIC MARKET, BY APPLICATION              106

FIGURE 46         REFINING & CHEMICAL SEGMENT TO CLAIM LARGEST MARKET SHARE IN 2029 106

FIGURE 47         HYDROGEN TECHNOLOGY TIC MARKET, BY SERVICE   114

FIGURE 48         TESTING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029  115

FIGURE 49         HYDROGEN TECHNOLOGY TIC MARKET, BY REGION   119

FIGURE 50         INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL HYDROGEN TECHNOLOGY TIC MARKET DURING FORECAST PERIOD          119

FIGURE 51         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       120

FIGURE 52         NORTH AMERICA: HYDROGEN TECHNOLOGY TIC MARKET SNAPSHOT        122

FIGURE 53         EUROPE: HYDROGEN TECHNOLOGY TIC MARKET SNAPSHOT              128

FIGURE 54         ASIA PACIFIC: HYDROGEN TECHNOLOGY TIC MARKET SNAPSHOT        135

FIGURE 55         ROW: HYDROGEN TECHNOLOGY TIC MARKET SNAPSHOT              144

FIGURE 56         HYDROGEN TECHNOLOGY TIC MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023            153

FIGURE 57         MARKET SHARE ANALYSIS OF TOP COMPANIES IN HYDROGEN TECHNOLOGY TIC SERVICES, 2023        154

FIGURE 58         COMPANY VALUATION, 2024 (USD BILLION)     156

FIGURE 59         FINANCIAL METRICS, 2024 (EV/EBITDA)            156

FIGURE 60         BRAND/PRODUCT COMPARISON          157

FIGURE 61         HYDROGEN TECHNOLOGY TIC MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     159

FIGURE 62         HYDROGEN TECHNOLOGY TIC MARKET: COMPANY FOOTPRINT      160

FIGURE 63         HYDROGEN TECHNOLOGY TIC: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023             165

FIGURE 64         SGS SA: COMPANY SNAPSHOT  187

FIGURE 65         DNV GL: COMPANY SNAPSHOT 193

FIGURE 66         BUREAU VERITAS: COMPANY SNAPSHOT          200

FIGURE 67         INTERTEK GROUP PLC: COMPANY SNAPSHOT 204

FIGURE 68         TÜV SÜD: COMPANY SNAPSHOT           209

FIGURE 69         TÜV RHEINLAND: COMPANY SNAPSHOT           215

FIGURE 70         APPLUS+: COMPANY SNAPSHOT           220

FIGURE 71         TÜV NORD GROUP: COMPANY SNAPSHOT        225

FIGURE 72         DEKRA: COMPANY SNAPSHOT 232