Fire Testing Market

Fire Testing - Global Market Outlook (2019-2027)

4.1 (32 reviews)
Published: July 2020 ID: SMRC19491
4.1 (32 reviews)
Published: July 2020 ID: SMRC19491

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Fire Testing market is accounted for $6.39 billion in 2019 and is expected to reach $11.74 billion by 2027 growing at a CAGR of 7.9% during the forecast period. Some of the key factors propelling the market growth are growing adoption of safety systems in industries and mounting automation in buildings. However, international rules for fire testing services are the restraining factor for the growth of the market.

A fire testing is essential for determining whether fire protection goods meet minimum performance criteria as set out in a building code or additional applicable legislation. It measures how simply materials ignite, how quickly they burn, and how they respond when burned. Fire testing laboratories use different testing methods, on the basis of international flammability testing standards and the type of material being tested.

By application, construction & infrastructure segment is expected to grow at the significant market share during the forecast period due to mounting require for fire testing services in fire protection and manage equipment and fire detection and notification equipment that are put to use across dissimilar industrial and commercial infrastructure across the world. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to quick industrialization and urbanization in countries such as China, India, and Japan. Also, this region is one of the main exporters of goods, products, and services. The population in APAC is also massive, and the number going on rising at a steady rate.

Some of the key players in Fire Testing Market include Applus+ , BRE Group, Bureau Veritas SA, DEKRA SE, DNV GL, Element Materials Technology, F.E. Moran Fire Protection, Fireflow Services, Inc, Geyer Fire, Impact Fire Services, International Fire Consultants Group, Intertek, J. Meadows Fire & Sprinkler , Mistras Group, Inc, Premier Technical Service Group PLC (PTSG) , QIMA , Rina, SGS Group, STC Group and United Technologies.
Services Covered:

• Certification
• Inspection
• Testing

Sourcings Covered:
• Outsourced
• In-house

Applications Covered:
• Aerospace & Defense
• Agriculture & Food
• Automotive
• Chemicals
• Construction & Infrastructure
• Consumer Goods & Electronics
• Energy & Power
• Industrial & Manufacturing
• Information Technology & Telecom
• Marine & Railways
• Medical & Life Sciences
• Mining
• Oil & Gas and Petroleum
• Public Sector
• Sports & Entertainment
• Supply Chain & Logistics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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