The thermal conductivity of various porous thermal barrier coating (TBC) systems used in elevated temperature for industrial applications has been evaluated using a proposed six-phase model. These porous TBC systems rely on microstructural properties and yield different types of porosity. These microstructural properties can influence the thermal conductivity of TBC systems. The purpose of this thesis is to assess the thermal conductivity of TBC systems based on microstructural attributes, particularly the effect of different types of porosity. Thus, the first component of this thesis investigates the microstructural characterization of various TBC systems using image analysis (IA) technique. In this technique, scanning electron microscopy (SEM) and light optical microscopy (LOM) micrographs were used to measure the porosity level of different TBC materials. The volumetric fraction of porosity along with orientation, shape, and morphology have a considerable impact on the total thermal conductivity of TBCs. The second component of this thesis evaluates the thermal conductivity of these porous TBC systems by taking into account the effect of the heat treatment process. The IA results reveal that as long as the porosity content increases, the thermal conductivity decreases for all of the TBC materials studied in this thesis. Further, while the content of microcracks and non-flat porosity play a crucial role in reducing the thermal conductivity of TBC materials, the other types of porosity (open randomly oriented, penny-shaped, and interlamellar) exert less impact on the thermal conductivity of TBCs. Comparing the results of the proposed six-phase model to experimental values and finite element analysis (FEA) values showed a relatively good agreement. The proposed six-phase model can predict the thermal conductivity of porous microstructure of TBC systems close to real measured values; therefore, the proposed six-phase model may be utilized to fabricate the porous microstructure of TBCs.