The Impact of COVID-19 is included in Fire Testing Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Fire Testing Trends and Forecast
The future of the global fire testing market looks promising with opportunities in the consumer goods & electronics, agriculture & food, chemicals, construction & infrastructure, energy & power, industrial & manufacturing, medical & life sciences, mining, oil & gas and petroleum, and automotive markets. The global fire testing market is expected to reach an estimated $11.3 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising adoption of safety systems in industries, growing automation in buildings, and increasing demand for construction equipment across the globe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fire Testing by Segment
The study includes a forecast for the global fire testing by sourcing, service, application, and region
Fire Testing Market by Sourcing [Shipment Analysis by Value from 2018 to 2030]:
• In-house
• Outsourced
Fire Testing Market by Service [Shipment Analysis by Value from 2018 to 2030]:
• Testing
• Inspection
• Certification
• Others
Fire Testing Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Consumer Goods & Electronics
• Agriculture & Food
• Chemicals
• Construction & Infrastructure
• Energy & Power
• Industrial & Manufacturing
• Medical & Life Sciences
• Mining
• Oil & Gas and Petroleum
• Automotive
Fire Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fire Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fire testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fire testing companies profiled in this report include-
• Intertek
• TUV SUD
• SGS Group
• Bureau Veritas
• UL
• Qima
• Applus+
• United Technologies
• Element Materials
• International Fire Consultants
Fire Testing Market Insights
Lucintel forecast that certification is expected to witness highest growth over the forecast period due to growing demand worldwide for certification services across a range of industries, as well as, regarding fire testing, the certification requirements vary by area for various industrial sectors.
Within this market, construction & infrastructure will remain the largest segment due to growing need for fire testing services in equipment used in various industrial and commercial infrastructures worldwide, including fire detection and notification systems, fire protection and control systems, and so on.
APAC is expected to witness highest growth over the forecast period because of fast urbanization and industrialization are occurring in developing nations like China and India, and these nations have experienced substantial industrialization, which has drawn significant investments in the energy, infrastructure, and transportation sectors.
Features of the Global Fire Testing Market
Market Size Estimates: Fire testing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fire testing market size by sourcing, service, application, and region in terms of value ($B).
Regional Analysis: Fire testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sourcing, service, application, and regions for the fire testing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fire testing market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the fire testing market size?
Answer: The global fire testing market is expected to reach an estimated $11.3 billion by 2030.
Q.2 What is the growth forecast for fire testing market?
Answer: The global fire testing market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the fire testing market?
Answer: The major drivers for this market are rising adoption of safety systems in industries, growing automation in buildings, and increasing demand for construction equipment across the globe.
Q4. What are the major segments for fire testing market?
Answer: The future of the global fire testing market looks promising with opportunities in the consumer goods & electronics, agriculture & food, chemicals, construction & infrastructure, energy & power, industrial & manufacturing, medical & life sciences, mining, oil & gas and petroleum, and automotive markets.
Q5. Who are the key fire testing market companies?
Answer: Some of the key fire testing companies are as follows:
• Intertek
• TUV SUD
• SGS Group
• Bureau Veritas
• UL
• Qima
• Applus+
• United Technologies
• Element Materials
• International Fire Consultants
Q6. Which fire testing market segment will be the largest in future?
Answer: Lucintel forecast that certification is expected to witness highest growth over the forecast period due to growing demand worldwide for certification services across a range of industries, as well as, regarding fire testing, the certification requirements vary by area for various industrial sectors.
Q7. In fire testing market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period because of fast urbanization and industrialization are occurring in developing nations like China and India, and these nations have experienced substantial industrialization, which has drawn significant investments in the energy, infrastructure, and transportation sectors.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fire testing market by sourcing (in-house and outsourced), service (testing, inspection, certification, and others), application (consumer goods & electronics, agriculture & food, chemicals, construction & infrastructure, energy & power, industrial & manufacturing, medical & life sciences, mining, oil & gas and petroleum, and automotive), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to fire testing market or related to fire testing companies, fire testing market size, fire testing market share, fire testing market growth, fire testing market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Fire Testing Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fire Testing Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fire Testing Market by Sourcing
3.3.1: In-house
3.3.2: Outsourced
3.4: Global Fire Testing Market by Service
3.4.1: Testing
3.4.2: Inspection
3.4.3: Certification
3.4.4: Others
3.5: Global Fire Testing Market by Application
3.5.1: Consumer Goods & Electronics
3.5.2: Agriculture & Food
3.5.3: Chemicals
3.5.4: Construction & Infrastructure
3.5.5: Energy & Power
3.5.6: Industrial & Manufacturing
3.5.7: Medical & Life Sciences
3.5.8: Mining
3.5.9: Oil & Gas and Petroleum
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fire Testing Market by Region
4.2: North American Fire Testing Market
4.2.1: North American Fire Testing Market by Service: Testing, Inspection, Certification, and Others
4.2.2: North American Fire Testing Market by Application: Consumer Goods & Electronics, Agriculture & Food, Chemicals, Construction & Infrastructure, Energy & Power, Industrial & Manufacturing, Medical & Life Sciences, Mining, and Oil & Gas and Petroleum
4.3: European Fire Testing Market
4.3.1: European Fire Testing Market by Service: Testing, Inspection, Certification, and Others
4.3.2: European Fire Testing Market by Application: Consumer Goods & Electronics, Agriculture & Food, Chemicals, Construction & Infrastructure, Energy & Power, Industrial & Manufacturing, Medical & Life Sciences, Mining, and Oil & Gas and Petroleum
4.4: APAC Fire Testing Market
4.4.1: APAC Fire Testing Market by Service: Testing, Inspection, Certification, and Others
4.4.2: APAC Fire Testing Market by Application: Consumer Goods & Electronics, Agriculture & Food, Chemicals, Construction & Infrastructure, Energy & Power, Industrial & Manufacturing, Medical & Life Sciences, Mining, and Oil & Gas and Petroleum
4.5: ROW Fire Testing Market
4.5.1: ROW Fire Testing Market by Service: Testing, Inspection, Certification, and Others
4.5.2: ROW Fire Testing Market by Application: Consumer Goods & Electronics, Agriculture & Food, Chemicals, Construction & Infrastructure, Energy & Power, Industrial & Manufacturing, Medical & Life Sciences, Mining, and Oil & Gas and Petroleum
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fire Testing Market by Sourcing
6.1.2: Growth Opportunities for the Global Fire Testing Market by Service
6.1.3: Growth Opportunities for the Global Fire Testing Market by Application
6.1.4: Growth Opportunities for the Global Fire Testing Market Region
6.2: Emerging Trends in the Global Fire Testing Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fire Testing Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fire Testing Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Intertek
7.2: TUV SUD
7.3: SGS Group
7.4: Bureau Veritas
7.5: UL
7.6: Qima
7.7: Applus+
7.8: United Technologies
7.9: Element Materials
7.10: International Fire Consultants
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Fire Testing Report.