Thermal Barrier Coatings (TBC) technology has become one of the key technologies to improve the performance and prolong the service life of gas turbine and other high temperature equipment. In this study, the selection of materials, coating methods, the influence of environmental factors on the performance of TBC system and the thermal stress analysis and optimization strategy are discussed, improve the overall performance and stability of TBC system. TBC coatings were efficiently prepared by the use of Nikolay bonding layer and stabilized zirconia as top ceramic materials, combined with electron beam Physical vapor deposition (EB-PVD) and plasma spraying (APS) techniques. In addition, the thermal stress model was established by FEA, and the thermal stress distribution of TBC system under extreme operating conditions was analyzed in detail, to reduce thermal stress concentration and improve the thermal barrier effect of the coating. Finally, through the establishment of TBC system life prediction model and in-depth analysis of the failure mechanism, a series of preventive measures and performance improvement strategies are proposed, it provides theoretical basis and practical guidance for coating design of gas turbine and other high temperature equipment.