Accurately measuring and analyzing the effective thermal conductivity of metal hydride beds is critical to design the structure of solid-state hydrogen storage tanks. On the basis of the steady-state radial heat flow method, a measurement cell of effective thermal conductivity was manufactured. The effective thermal conductivities of nonactivated and activated LaNi5 powder beds were measured in helium, nitrogen, and argon atmospheres with the temperature changing from 20 to 60 °C and pressure from 0.1 to 4.0 MPa. Then, the effective thermal conductivities were further analyzed using the Zehner–Schlünder–Damköhler model. Results show that the effective thermal conductivities can be enhanced by increasing gas thermal conductivity, gas pressure, and bed temperature. In addition, the effective thermal conductivities can be accurately predicted using the modified Zehner–Schlünder–Damköhler model considering the Smoluchowski effect (error < ± 5 %). With the use of the modified Zehner–Schlünder–Damköhler model, the contributions of different heat transfer pathways to the entire heat transfer of LaNi5 powder beds were analyzed. Approximately 70 %–91 % of the effective thermal conductivity of LaNi5 powder beds is contributed by the conduction of the particle–gas–particle pathway.