Fire Testing Market by Service Type (Testing, Inspection, and Certification), Sourcing Type (In-house and Outsourced), Application (Consumer Goods & Retail, Chemicals, Construction & Infrastructure, Mining) Region - Global Forecast till 2024
The global fire testing market is expected to grow from USD 6.3 billion in 2019 to USD 8.6 billion by 2024, at a CAGR of 6.4% during the forecast period.
The major driving factors in the fire testing market are the adoption of safety systems industries and growing automation in buildings.
Certification services segment is fastest growing market in fire testing market during forecast period
Based on service, the fire testing market consists of testing, inspection, and certification services. The certification standards differ from country to country for different sectors. The growth of fire certification services is expected to grow at the fastest rate as fire certifications for products and equipment help meet and demonstrate compliance to the relevant standards and legislation. Also, companies choose certification services to protect their supply chain, data, and operations, thereby encouraging the growth of certification services in the future.
Outsourced fire testing is fastest growing segment in fire testing market during forecast period
Outsourced/third-party fire certification provides an additional level of assurance of both the level and consistency of performance relevant to the intended application. The market for outsourced testing services is projected to grow at the fastest rate during the forecast period owing to the increased regulations that make in-house testing a costly affair.
Also, within the consumer goods & retail sector, many large firms are increasingly outsourcing their consumer goods for fire testing needs as outsourcing services are cheaper than conducting them in-house, which allows the overall outsourced fire testing services market to grow rapidly.
Construction & Infrastructure to hold largest market share in fire testing market during forecast period
Fire testing plays an important role in the construction & infrastructure industry. The fire testing market for construction and infrastructure is driven by the increasing need for fire testing services in fire protection and control equipment and fire detection and notification equipment that are put to use across different industrial and commercial infrastructure across the world.
APAC to hold largest market share in fire testing market from 2019 to 2014
The growth in APAC for the fire testing market is increasing due to rapid industrialization and urbanization in countries such as China, India, and Japan. Also, this region is one of the biggest exporters of goods, products, and services. The population in APAC is also enormous, and the number keeps on increasing at a steady rate. To sustain this, the manufacturing sector has to keep up with its growing demand for products and services. Thus, the growing demand for products and services will help to boost the fire testing services in this region
Key Market Players
The major players in fire testing market are Intertek (UK), TUV SUD (Germany), SGS Group (Switzerland), Bureau Veritas SA (France), UL LLC (US), DEKRA SE (Germany), QIMA (Hong Kong), Applus+ (Spain), United Technologies (US), Element Materials Technology (UK), and International Fire Consultants Group (UK).
SGS Group (Switzerland) is the dominant player regarding fire testing services in Europe and globally. SGS Group offers inspection, verification, testing, and certification services complying with the national and international regulations and standards, and inspection services to control quality, quantity, and meet relevant regulatory requirements in various regional markets.
The company provides flammability tests for consumer goods and retail products such as clothing, toys, and plastering items and building materials against various fire properties such as flame spread, self-ignition, burn rate, smoke density, combustibility, heat release rate, and flashover. In June 2019, SGS announced the acquisition of DMW Environmental Safety Ltd (DMW), based in Wolverhampton, UK, which will support the growth strategy of environment, health & safety services including fire safety audits, and strengthen existing network in the central and southern parts of the UK.
Fire Testing Market Report Scope:
|
Report Metric |
Details |
| Market size value in 2019 | USD 6.3 Billion |
| Market size value in 2024 | USD 8.6 Billion |
| Growth Rate | CAGR of 6.4% |
|
Market size available for years |
2016–2024 |
|
Base year |
2018 |
|
Forecast period |
2019–2024 |
|
Units |
Value, USD |
|
Segments covered |
Service, Sourcing type, Application |
|
Geographic regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Intertek (UK), TUV SUD (Germany), SGS Group (Switzerland), Bureau Veritas SA (France), UL LLC (US), DEKRA SE (Germany), QIMA (Hong Kong), Applus+ (Spain), United Technologies (US), Element Materials Technology (UK), and International Fire Consultants Group (UK), |
This report categorizes the fire testing market based on service type, sourcing type, application, and region.
Fire Testing Market, by service:
- Testing
- Inspection
- Certification
- Others
Fire Testing Market, by Sourcing:
- In-house
- Outsourced
Fire Testing Market, by Application:
- Consumer Goods & Electronics
- Agriculture & Food
- Chemicals
- Construction & Infrastructure
- Energy & Power
- Industrial & Manufacturing
- Medical & Life Sciences
- Mining
- Oil & Gas and Petroleum
- Public Sector
- Automotive
- Aerospace & Defense
- Marine & Railways
- Supply Chain & Logistics
- Others (Sports & Entertainment and IT & Telecom)
Fire Testing Market, by Region:
-
North America
- US
- Canada
- Mexico
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
APAC
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
-
RoW
- South America
- Middle East
- South Africa
Key questions addressed by the report
- Which are the major applications of the fire testing market? How big is the opportunity for their growth in the developing economies in the next five years?
- Which are the major companies in the fire testing market? What are their major strategies to strengthen their market presence?
- Which are the leading countries in the market? What would be the share of the North America and APAC in this market for next five years?
- Where will all these developments in the fire testing market take the industry in the mid to long term?
- What are the upcoming applications for fire testing?
Frequently Asked Questions (FAQ):
Which end users are expected to drive the growth of the fire testing market in the next 5 years?
The market for consumer goods and retail applications is the fastest-growing fire testing application as consumer electronics spending is increasing globally.Consumer goods and retail products that require fire testing including hard goods, softlines and accessories, and toys and juvenile products, electrical and electronic products, textiles, apparel, and footwear industries that utilize or undergo fire testing services.
Which are the major companies in the fire testing market? What are their major strategies to strengthen their market presence?
The major companies in fire testing market includes Cntertek (UK), TUV SUD (Germany), IBM (US), SGS Group (Switzerland), and Bureau Veritas SA (France) The major starategies adopted by the key players in fire testing market were sservice launches and developments, acquisitions, partnerships, and agreements, among others
Which is the dominating and potential market for fire testing in terms of region?
The fire testing market in APAC is expected to hold a major market share during the forecast period. APAC consumers are increasingly looking to brand identity to boost their social status due to which premium products, such as clothing, shoes, jewelry, and cosmetics, requires fire testing. Thus, an increase in consumer spending on premium products will foster the growth of the said market in the future.
What are the opportunities for new fire testing market entrants?
The major upcoming opportunity for fire testing market is the adoption of safety systems industries and growing automation in buildings.among others that are expected to open new revenue pockets for fire testing market in next 5 to 6 years.
Which factors are expected to boost fire testing market in the next 5- 6 years?
Fire testing allows manufacturers to understand the behavior of materials and products. The information on a product’s fire performance, including fire resistance, flammability, and flame/smoke spread characteristics, can help manufacturers design products that are safe. The development of oil & gas, consumer goods and retail, construction and infrastructure, and manufacturing industries along with changing laws and codes for fire safety and security equipment is another reason due to which the fire testing market is expected to increase in future.
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Table of Contents
1 Introduction (Page No. - 18)
1.1 Study Objectives
1.2 Market Definition and Scope
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 22)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Fire Testing Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 30)
4 Premium Insights (Page No. - 35)
4.1 Attractive Opportunities in Fire Testing Market
4.2 Fire Testing Market, By Sourcing Type
4.3 Fire Testing Market in APAC, By Application
4.4 Fire Testing Market, By Application
4.5 Fire Testing Market, By Region
5 Fire Testing Market Overview (Page No. - 38)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Adoption of Safety Systems in Industries
5.2.1.2 Growing Automation in Buildings
5.2.2 Restraints
5.2.2.1 Fire Legislation Requirements and International Regulations for Fire Testing Services
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Smart City Concept
5.2.3.2 Stringent Government Norms
5.2.3.3 Increasing Demand for Construction Equipment
5.2.4 Challenges
5.2.4.1 Lack of Awareness on Fire Safety in Developing Countries
6 Fire Testing Market, By Service (Page No. - 45)
6.1 Introduction
6.2 Testing
6.2.1 Fire Testing Allows Manufacturers to Understand Behavior of Materials and Products
6.3 Inspection
6.3.1 Fire Inspections are Conducted Yearly Or on Demand as Required
6.4 Certification
6.4.1 Certification Standards Differ From Country to Country for Different Sectors
6.5 Others
7 Fire Testing Market, By Sourcing Type (Page No. - 50)
7.1 Introduction
7.2 In-House
7.2.1 In-House Fire Testing Market in APAC Expected to Grow Owing to Growth of Manufacturing and Engineering Hubs
7.3 Outsourced
7.3.1 Privatization of State-Owned Laboratories Will Drive Growth of Outsourced Fire Testing Services
8 Fire Testing Market, By Application (Page No. - 54)
8.1 Introduction
8.2 Consumer Goods and Retail
8.2.1 Fire Testing Services Help Determine How Devices React to Extreme Heat Or Fire to Ensure Safety of Consumers in Case of Fire
8.3 Agriculture and Food
8.3.1 Stringent Codes for Use of Equipment to Drive Fire Testing Market in Agriculture and Food Industry
8.4 Chemicals
8.4.1 Fire Testing Services Help Companies Understand Potential Risks Related to Fire Hazards
8.5 Construction and Infrastructure
8.5.1 Construction Material Testing to Drive Fire Testing Market in Construction & Infrastructure Market
8.6 Energy & Power
8.6.1 Demand for Fire Suppression Equipment in Power Generating Plants to Drive Market in Energy & Power Sector
8.7 Industrial and Manufacturing
8.7.1 Growing Number of Fire Incidents to Increase Demand for Fire Testing Services in Manufacturing Sector
8.8 Medical and Life Sciences
8.8.1 Increasing Demand for Medical Devices to Drive Fire Testing Market for Medical & Life Sciences Sector
8.9 Mining
8.9.1 Need for Safety in Mining Industry Will Drive Fire Testing Services in Future
8.10 Oil & Gas and Petroleum
8.10.1 Demand for Fire Safety Fosters Growth of Fire Testing Services in Future
8.11 Public Sector
8.11.1 Revised Fire and Life Safety Codes By Governments to Boost Fire Testing Service Market in Public Sector
8.12 Automotive
8.12.1 Component Fire Testing to Foster Growth of Fire Testing Services in Automotive Segment
8.13 Aerospace
8.13.1 Stringent Regulations, Standards, and Legislation to Drive Fire Testing Market in Aerospace and Defense Sector
8.14 Marine & Railway
8.14.1 Wide Range of Standards, Regulations, and Logistical Complexities to Drive Fire Testing Market in Marine & Railway Sector
8.15 Supply Chain and Logistics
8.15.1 Increasing Number of Warehouse Fires to Boost Fire Testing Market in Supply Chain & Logistics Sector
8.16 Others
8.16.1 Need to Ensure Safety of Sports and Leisure Equipment to Drive Fire Testing Services Market in Future
9 Geographic Analysis (Page No. - 98)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 Booming Building and Construction Industry in The US to Drive The Need for Fire Testing Services
9.2.2 Canada
9.2.2.1 Investments in Oil Sands, Lng, and Energy Infrastructure Drives Fire Testing Market in Canada
9.2.3 Mexico
9.2.3.1 Automotive & Medical Industries to Increase Demand for Fire Testing in Mexico
9.3 Europe
9.3.1 Germany
9.3.1.1 Demand for Renewable Energy Will Drive Fire Testing Market in Germany
9.3.2 UK
9.3.2.1 Construction Industry to Substantially Increase Demand for Fire Testing in UK
9.3.3 France
9.3.3.1 Energy Sector in France to Boost Fire Testing Market Growth
9.3.4 Spain
9.3.4.1 Growing Pharmaceutical and Automobile Industries to Drive The Demand for Fire Testing Services in Spain
9.3.5 Italy
9.3.5.1 Adoption of Advanced Manufacturing Techniques to Drive Demand for Fire Testing Services in Italy
9.3.6 Rest of Europe
9.4 APAC
9.4.1 China
9.4.1.1 Construction Industry to Increase Demand for Fire Testing Market in APAC
9.4.2 Japan
9.4.2.1 Smart City Projects Drive Fire Testing Market in Japan
9.4.3 India
9.4.3.1 Growing Fire Equipment Services Drives Fire Testing Market in India
9.4.4 South Korea
9.4.4.1 Mining & Automotive Sector to Drive The Market for Fire Testing in South Korea
9.4.5 Australia
9.4.5.1 Consumer Segment to Boost The Fire Testing Market in Australia
9.4.6 Rest of APAC
9.5 RoW
9.5.1 South America
9.5.1.1 Growth in Mining Industry Will Drive Fire Testing Market in South American Countries
9.5.2 Middle East
9.5.2.1 Construction Industry in Middle East Will Lead to Increasing Demand for Fire Testing
9.5.3 Africa
9.5.3.1 Mining and Infrastructure Development Will Boost Fire Testing Services in Africa
10 Competitive Landscape (Page No. - 124)
10.1 Overview
10.2 Fire Testing Market Rank Analysis, 2018
10.3 Competitive Situations and Trends
10.3.1 Service Launches
10.3.2 Others
10.4 Competitive Leadership Mapping
10.4.1 Visionary Leaders
10.4.2 Innovators
10.4.3 Dynamic Differentiators
10.4.4 Emerging Companies
10.5 Strength of Service Portfolio (For All 25 Players)
10.6 Business Strategy Excellence (For All 25 Players)
11 Company Profile (Page No. - 133)
11.1 Key Players
(Business Overview, Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1.1 SGS Group
11.1.2 Bureau Veritas SA
11.1.3 UL LLC
11.1.4 Intertek
11.1.5 DEKRA SE
11.1.6 TUV SUD
11.1.7 QIMA
11.1.8 Applus+
11.1.9 United Technologies
11.1.10 Element Materials Technology
11.1.11 International Fire Consultants Group
* Business Overview, Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
11.2 Right-To Win
11.3 Other Players
11.3.1 DNV GL
11.3.2 BRE Group
11.3.3 TUV Rheinland
11.3.4 Rina
11.3.5 Mistras Group, Inc
11.3.6 Premier Technical Service Group PLC (PTSG)
11.3.7 F.E. Moran Fire Protection
11.3.8 STC Group
11.3.9 Kiwa
11.3.10 Fireflow Services, Inc
11.3.11 J. Meadows Fire & Sprinkler
11.3.12 Geyer Fire
11.3.13 Impact Fire Services
12 Appendix (Page No. - 169)
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Available Customizations
12.5 Related Report
12.6 Author Details
List of Tables (110 Tables)
Table 1 Fire Testing Market, By Service, 2016–2024 (USD Million)
Table 2 Market for Testing Services, By Region, 2016–2024 (USD Million)
Table 3 Market for Inspection Services, By Region, 2016–2024 (USD Million)
Table 4 Market for Certification Services, By Region, 2016–2024 (USD Million)
Table 5 Market for Other Services, By Region, 2016–2024 (USD Million)
Table 6 Market, By Sourcing Type, 2016–2024 (USD Million)
Table 7 In-House Fire Testing Market, By Region, 2016–2024 (USD Million)
Table 8 Outsourced Fire Testing Market, By Region, 2016–2024 (USD Million)
Table 9 Fire Testing Market, By Application, 2016–2024 (USD Million)
Table 10 Market for Consumer Goods and Retail, By Region, 2016–2024 (USD Million)
Table 11 Market for Consumer Goods and Retail in North America, By Country, 2016–2024 (USD Million)
Table 12 Market for Consumer Goods and Retail in Europe, By Country, 2016–2024 (USD Million)
Table 13 Fire Testing Market for Consumer Goods and Retail in APAC, By Country, 2016–2024 (USD Million)
Table 14 Market for Consumer Goods and Retail in RoW, By Region, 2016–2024 (USD Million)
Table 15 Market for Agriculture and Food, By Region, 2016–2024 (USD Million)
Table 16 Market for Agriculture and Food in North America, By Country, 2016–2024 (USD Million)
Table 17 Market for Agriculture and Food in Europe, By Country, 2016–2024 (USD Million)
Table 18 Fire Testing Market for Agriculture and Food in APAC, By Country, 2016–2024 (USD Million)
Table 19 Market for Agriculture and Food in RoW, By Region, 2016–2024 (USD Million)
Table 20 Market for Chemicals, By Region, 2016–2024 (USD Million)
Table 21 Market for Chemicals in North America, By Country, 2016–2024 (USD Million)
Table 22 Fire Testing Market for Chemicals in Europe, By Country, 2016–2024 (USD Million)
Table 23 Market for Chemicals in APAC, By Country, 2016–2024 (USD Million)
Table 24 Market for Chemicals in RoW, By Region, 2016–2024 (USD Million)
Table 25 Market for Construction and Infrastructure, By Region, 2016–2024 (USD Million)
Table 26 Market for Construction and Infrastructure in North America, By Country, 2016–2024 (USD Million)
Table 27 Fire Testing Market for Construction and Infrastructure in Europe, By Country, 2016–2024 (USD Million)
Table 28 Market for Construction and Infrastructure in APAC, By Country, 2016–2024 (USD Million)
Table 29 Market for Construction and Infrastructure in RoW, By Region, 2016–2024 (USD Million)
Table 30 Market for Energy & Power, By Region, 2016–2024 (USD Million)
Table 31 Market for Energy & Power in North America, By Country, 2016–2024 (USD Million)
Table 32 Fire Testing Market for Energy & Power in Europe, By Country, 2016–2024 (USD Million)
Table 33 Market for Energy & Power in APAC, By Country, 2016–2024 (USD Million)
Table 34 Market for Energy & Power in RoW, By Region, 2016–2024 (USD Million)
Table 35 Market for Industrial and Manufacturing, By Region, 2016–2024 (USD Million)
Table 36 Market for Industrial and Manufacturing in North America, By Country, 2016–2024 (USD Million)
Table 37 Fire Testing Market for Industrial and Manufacturing in Europe, By Country, 2016–2024 (USD Million)
Table 38 Market for Industrial and Manufacturing in APAC, By Country, 2016–2024 (USD Million)
Table 39 Market for Industrial and Manufacturing in RoW, By Region, 2016–2024 (USD Million)
Table 40 Market for Medical and Life Sciences, By Region, 2016–2024 (USD Million)
Table 41 Market for Medical and Life Sciences in North America, By Country, 2016–2024 (USD Million)
Table 42 Fire Testing Market for Medical and Life Sciences in Europe, Country, 2016–2024 (USD Million)
Table 43 Market for Medical and Life Sciences in APAC, By Country, 2016–2024 (USD Million)
Table 44 Market for Medical and Life Sciences in RoW, By Region, 2016–2024 (USD Million)
Table 45 Market for Mining, By Region, 2016–2024 (USD Million)
Table 46 Fire Testing Market for Mining in North America, By Country, 2016–2024 (USD Million)
Table 47 Market for Mining in Europe, By Country, 2016–2024 (USD Million)
Table 48 Market for Mining in APAC, By Country, 2016–2024 (USD Million)
Table 49 Market for Mining in RoW, By Region, 2016–2024 (USD Million)
Table 50 Fire Testing Market for Oil & Gas and Petroleum, By Region, 2016–2024 (USD Million)
Table 51 Market for Oil & Gas and Petroleum in North America, By Country, 2016–2024 (USD Million)
Table 52 Fire Market for Oil & Gas and Petroleum in Europe, By Country, 2016–2024 (USD Million)
Table 53 Fire Market for Oil & Gas and Petroleum in APAC, By Country, 2016–2024 (USD Million)
Table 54 Fire Market for Oil & Gas and Petroleum in RoW, By Region, 2016–2024 (USD Million)
Table 55 Market for Public Sector, By Region, 2016–2024 (USD Million)
Table 56 Market for Public Sector in North America, By Country, 2016–2024 (USD Million)
Table 57 Market for Public Sector in Europe, By Country, 2016–2024 (USD Million)
Table 58 Market for Public Sector in APAC, By Country, 2016–2024 (USD Million)
Table 59 Fire Testing Market for Public Sector in RoW, By Region, 2016–2024 (USD Million)
Table 60 Market for Automotive, By Region, 2016–2024 (USD Million)
Table 61 Market for Automotive in North America, By Country, 2016–2024 (USD Million)
Table 62 Market for Automotive in Europe, By Country, 2016–2024 (USD Million)
Table 63 Market for Automotive in APAC, By Country, 2016–2024 (USD Million)
Table 64 Market for Automotive in RoW, By Region, 2016–2024 (USD Million)
Table 65 Market for Aerospace, By Region, 2016–2024 (USD Million)
Table 66 Fire Testing Market for Aerospace in North America, By Country, 2016–2024 (USD Million)
Table 67 Market for Aerospace in Europe, By Country, 2016–2024 (USD Million)
Table 68 Market for Aerospace in APAC, By Country, 2016–2024 (USD Million)
Table 69 Market for Aerospace in RoW, By Region, 2016–2024 (USD Million)
Table 70 Market for Marine & Railway, By Region, 2016–2024 (USD Million)
Table 71 Market for Marine & Railway in North America, By Country, 2016–2024 (USD Million)
Table 72 Market for Marine & Railway in Europe, By Country, 2016–2024 (USD Million)
Table 73 Fire Testing Market for Marine & Railway in APAC, By Country, 2016–2024 (USD Million)
Table 74 Market for Marine & Railway in RoW, By Region, 2016–2024 (USD Million)
Table 75 Market for Supply Chain and Logistics, By Region, 2016–2024 (USD Million)
Table 76 Market for Supply Chain and Logistics in North America, By Country, 2016–2024 (USD Million)
Table 77 Market for Supply Chain and Logistics in Europe, By Country, 2016–2024 (USD Million)
Table 78 Market for Supply Chain and Logistics in APAC, By Country, 2016–2024 (USD Million)
Table 79 Market for Supply Chain and Logistics in RoW, By Region, 2016–2024 (USD Million)
Table 80 Market for Other Applications, By Region, 2016–2024 (USD Million)
Table 81 Fire Testing Market for Other Applications in North America, By Country, 2016–2024 (USD Million)
Table 82 Market for Other Applications in Europe, By Country, 2016–2024 (USD Million)
Table 83 Market for Other Applications in APAC, By Country, 2016–2024 (USD Million)
Table 84 Fire Testing Market for Other Applications in RoW, By Region, 2016–2024 (USD Million)
Table 85 Market, By Region, 2016–2024 (USD Million)
Table 86 Market in North America, By Country, 2016–2024 (USD Million)
Table 87 Market in US, By Application, 2016–2024 (USD Million)
Table 88 Fire Testing Market in Canada, By Application, 2016–2024 (USD Million)
Table 89 Market in Mexico, By Application, 2016–2024 (USD Million)
Table 90 Market in Europe, By Country, 2016–2024 (USD Million)
Table 91 Market in Germany, By Application, 2016–2024 (USD Million)
Table 92 Market in UK, By Application, 2016–2024 (USD Million)
Table 93 Fire Testing Market in France, By Application, 2016–2024 (USD Million)
Table 94 Market in Spain, By Application, 2016–2024 (USD Million)
Table 95 Market in Italy, By Application, 2016–2024 (USD Million)
Table 96 Market in Rest of Europe, By Application, 2016–2024 (USD Million)
Table 97 Market in APAC, By Country, 2016–2024 (USD Million)
Table 98 Fire Testing Market in China, By Application, 2016–2024 (USD Million)
Table 99 Market in Japan, By Application, 2016–2024 (USD Million)
Table 100 Market in India, By Application, 2016–2024 (USD Million)
Table 101 Market in South Korea, By Application, 2016–2024 (USD Million)
Table 102 Market in Australia, By Application, 2016–2024 (USD Million)
Table 103 Fire Testing Market in Rest of APAC, By Application, 2016–2024 (USD Million)
Table 104 Market in RoW, By Region, 2016–2024 (USD Million)
Table 105 Market in South America, By Application, 2016–2024 (USD Million)
Table 106 Fire Testing Market in Middle East, By Application, 2016–2024 (USD Million)
Table 107 Market in Africa, By Application, 2016–2024 (USD Million)
Table 108 Service Launches (2017–2019)
Table 109 Mergers & Acquisitions (2017–2018)
Table 110 Partnerships, Agreements, and Contracts (2017–2019)
List of Figures (43 Figures)
Figure 1 Global Fire Testing Market: Segmentation
Figure 2 Fire Testing Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at Market Size
Figure 4 Top-Down Approach to Arrive at Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions of Research Study
Figure 7 Fire Testing Market, By Sourcing Type, 2019 vs 2024 (USD Million)
Figure 8 Testing Services to Exhibit Largest Size for Market During 2019–2024
Figure 9 Fire Testing Market, By Application, 2019 vs 2024 (USD Million)
Figure 10 China to Hold Largest Size of Market in APAC
Figure 11 APAC Market to Grow at Highest CAGR During Forecast Period
Figure 12 Market in APAC to Grow at Highest CAGR During 2019–2024
Figure 13 In-House Sourcing to Witness Higher CAGR in Fire Testing Market By 2024
Figure 14 Industrial & Manufacturing to Hold Largest Share of Market in 2019
Figure 15 Construction and Infrastructure to Hold Largest Size of Market By 2024
Figure 16 Fire Testing Market to Witness Significant Growth in APAC During Forecast Period
Figure 17 Increasing Adoption of Safety Systems in Industries
Figure 18 Fire Testing Market Drivers and Their Impact
Figure 19 Market Restraints and Their Impact
Figure 20 Market Opportunities and Their Impact
Figure 21 Structure Fires in US, 2014–2018
Figure 22 Projected Construction Equipment Sales, 2015–2023
Figure 23 Market Challenges and Their Impact
Figure 24 Testing Service to Hold Largest Size of Fire Testing Market By 2024
Figure 25 In-House Sourcing Type to Hold Larger Size of Market By 2024
Figure 26 Construction and Infrastructure to Hold Largest Size of Fire Testing Market During Forecast Period
Figure 27 Global Consumer Goods and Retail Export Market Size, By Region, 2016–2024 (USD Billion)
Figure 28 Global Manufacturing Value Added Market Size, By Region, 2013–2017 (USD Trillion)
Figure 29 China to Witness Highest CAGR in Fire Testing Market During Forecast Period
Figure 30 North America: Fire Testing Market Snapshot
Figure 31 Europe: Fire Testing Market Snapshot
Figure 32 APAC: Market Snapshot
Figure 33 RoW: Market Snapshot
Figure 34 Organic and Inorganic Strategies Adopted By Companies Operating in Market
Figure 35 Major Fire Testing Service Providers
Figure 36 Market (Global) Competitive Leadership Mapping, 2018
Figure 37 SGS Group: Company Snapshot
Figure 38 Bureau Veritas SA: Company Snapshot
Figure 39 Intertek: Company Snapshot
Figure 40 DEKRA SE: Company Snapshot
Figure 41 TUV SUD: Company Snapshot
Figure 42 Applus+: Company Snapshot
Figure 43 United Technologies: Company Snapshot
The study involved 4 major activities in estimating the current size of the fire testing market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.
Secondary Research
The research methodology used to estimate and forecast the fire testing market begins with capturing data on revenues of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical and commercial study of the fire testing market. Moreover, secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the industry’s supply chain, the total pool of key players, market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology oriented perspectives.
Primary Research
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to the market. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, service providers, and related executives from various key companies and organizations operating in the ecosystem of the fire testing market.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the overall size of the fire testing market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:
- Key players in significant applications and markets have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, analyze, and forecast the fire testing market, in terms of value based on services, sourcing type, application, and region
- To forecast the market size, in terms of value for various segments with regard to 4 main regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the fire testing market, globally
- To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the market
- To profile key players and comprehensively analyze their market position in terms of their ranking and core competencies
- To provide a detailed competitive landscape for the market leaders
- To analyze competitive developments such as product/service launches & developments, acquisitions, partnerships, expansions, contracts, and agreements in the fire testing market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix that gives a detailed comparison of the product portfolio of each company
- Comprehensive coverage of funding/M&A activities, regulations followed in each region (North America, APAC, Europe, and RoW)
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Fire Testing Market