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 rise in demand for cleaner fuel and the availability of favourable government policies regarding decarbonization of several sectors, development of hydrogen infrastructure like refueling stations, pipelines, and storage facilities, inherent risks associated with hydrogen processes and strict regulation and progress in technologies that would play a key role for green hydrogen are some of the factors that sustain the growth of Hydrogen Technology TIC market constantly.
SGS SA, Bureau Veritas, Intertek Group plc, DEKRA, TÜV SÜD, DNV GL, TÜV RHEINLAND, Applus+, TÜV NORD Group, Element Materials Technology, UL LLC, Element Materials Technology, Apave, Kiwa, VDE Prüf- und Zertifizierungsinstitut GmbH , AmSpec Group , LRQA Group Limited, Ricardo, Ballard Power Systems, TWI Ltd. , BakerRisk, Powertech Labs Inc., FORCE TECHNOLOGY, Resato, RINA S.p.A., and AVL are some of the key players in the hydrogen technology TIC market.
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Major Hydrogen Technology Testing, Inspection and Certification (TIC) companies include:
SGS SA is one of the leading global service providers in the field of testing, inspection, certification and verification services with a strong network of global presence across a vast number of industries spanning across the globe. SGS SA has ramped up its hydrogen testing services across the world. In France, SGS has set up an innovative hydrogen laboratory at Harfleur with all essential tools to perform various vital tests for accreditation of the hydrogen purity. Shanghai laboratory of SGS also added its testing capabilities as this lab became one of the first independent labs that examined hydrogen to the full ISO standards. The company aims to provide comprehensive services to its clients in the field of hydrogen technology in all stages of value creation, from quality management and certification and testing and monitoring to industrial safety services and asset integrity services. Hydrogen Europe’s member, SGS will support the achievement of safe, clean, competitive and sustainable hydrogen economy by managing risks and ensuring compliance in creating, storing, transporting, and utilising hydrogen.
Bureau Veritas acted as a global leader on technical and/or regulatory support for the construction of secure and low-impact worldwide Hydrogen economy: consultancy, certification, testing and validation, training programs and services of traceability and an internationally recognized “Renewable Hydrogen Label” to demonstrate technical conformity with regulation and independent assurance of safety, quality and sustainability of Hydrogen supply sources. The company specializes in testing, acceptance, and certification services for products in the aerospace, defense, automotive, space, energy, semiconductor, electronics, and industrial markets. Through the adoption of such advanced innovations as 5G, digital twin, blockchain, and cloud computing, Bureau Veritas guarantees accuracy in results and improves the satisfaction of customers. It meets client demands via a vast network of testing laboratories especially for cover’s forerunners such as France, USA, Canada, Japan and UK. Tactically, the company’s growth plan means faster penetration into as many markets as possible by diversifying services in the traditional segments while BV intervenes or cooperates all aches and concerns of large industry bodies to improve services.
DEKRA TIC provides a comprehensive number of tests and services, focusing on areas such as environment and health. With a global presence spanning over 50 countries and more than 500 partners, the company operates through its key segments: Motorcar, Factory, and Manpower. It is important to note that the Industrial segment has been trying to address the demand for specialise service packages and consultancy solutions, especially concerning safety across processes and establishments. They offer pervasive services on safety in environment and industries covering machinery, plant, and building inspection, testing and certification of materials and products. The services of DEKRA has a strong customer base primarily from the Vehicle and Industrial segments which generate about 80% of the total facilities’ income. It is due to the reason that DEKRA Automotive is at the forefront in vehicle testing and inspection globally.
Intertek Group Plc is a leading international TIC provider which was founded in 1888, it has broad network globally and delivers TIC services to different industries. Intertek has global operations including over 1,000 laboratories and offices in more than 100 countries, and its participation is central to the TIC market in the following ways. Firstly, through the wide range of services it offers to its clients, it meets the different and geographically dispersed needs in various fields, from food safety, medicaments and electronics, consumer products, and oil & exploration. Secondly, by virtue of the wider network and efficient technical support, Intertek assists the clients of the global arena to ease their cross-border transactions and abide by accepted norms and standard, of the different parts of the world. Likewise, Intertek demonstrates concern for innovations in the organization by funding research and development on significant technologies such as Al and automation to boost the effectiveness and precision of TIC services. Furthermore, its commitment to the sustainability idea aligns with the market demand of environmentally friendly products becoming vital in defining the future of the TIC sector. Sprouting from Intertek’s lists of accreditations and industry recognitions, its credibility and expertise establish its influence over the TIC market, and subsequently, a strong role in shaping the market’s development.
UL Solutions is a safety science organization that has been working towards improving safety within nascent areas of hydrogen innovation. The company provides strategic consultation, research into global hydrogen legislation, evaluation, assessment, and certification of new materials, parts, products, and systems in the supply chain of the hydrogen economy. UL Solutions has proficiency in managing the challenges of interconnectivity, security and safety concerning electro/mechanical interfaces between various suppliers’ equipment and control systems in the hydrogen industry. With the social awareness of decarbonization and the fast development of the hydrogen economy, UL Solutions fulfills its decades of strong experience and active involvement in standards making to enhance the timely and cost-efficient solutions and assist firms to achieve the highest return on renewable hydrogen generation besides ensuring consumer confidence with hydrogen-blended domestic appliances.
Related Reports:
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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