Press release
Fire Testing Market Estimated to Expand at a Robust CAGR of 6.7% over 2020-2027 | Applus Services, SA, Bureau Veritas SA, DEKRA, Element Materials Technology
The fire testing market accounted to US$ 5.77 Bn in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period 2019 - 2027, to account to US$ 10.08 Bn by 2027.
The rising market demand for fire testing services is highly attributed to the increasing demand for third-party service providers. As per the International Confederation of Inspection and Certification Organization (CEOC), currently, around 40% of the fire testing services market is being outsourced. However, the remaining fire testing services are conducted in the in-house facilities. One of the key factors driving the third-party service providers' demand is the privatization of state-owned laboratories. Moreover, the rising pressure to reduce cost by the government organizations is compelling them to limit the market surveillance activities. Thus, augmenting the third-party services providers' demand.
Get Sample Copy of this Report at - https://bit.ly/2TpTuoV
The List of Companies :
1. Applus Services, SA
2. Bureau Veritas SA
3. DEKRA
4. Element Materials Technology
5. International Fire Consultants Group
6. Intertek Group plc
7. SGS AG
8. TUV SUD AG
9. UL LLC
10. United Technologies Corporation
the demand for fire testing services is driven by increasing globalization. The global trade has witnessed immense growth over the past decade owing to the emergence of new several new trade agreements and zones between the countries. Owing to these, many companies are deploying as well as importing their products globally. The increased globalization has resulted in a growing requirement for third-party accreditations.
The global fire testing market is segmented into five major regions, including North America, Europe, Asia Pacific, Middle East, and Africa, and South America. Europe holds the majority of the fire testing market share and is projected to continue its dominance during the forecast period. However, Asia-Pacific is expected to witness the highest CAGR growth. The growth of the manufacturing industry in the developing economies of the Asia Pacific. Additionally, increasing demands for housing, and infrastructural constructions are the key factors bolstering the fire testing services demand in the Asia Pacific region.
The report segments the global fire testing market as follows:
Global Fire Testing Market - By Service
o Testing
o Inspection
o Certification
Global Fire Testing Market - By Sourcing Type
o In-house
o Outsourced
Global Fire Testing Market - By Application
o Building & Construction
o Automotive
o Industrial & Manufacturing
o Consumer Goods & Retail
o Aerospace & Defense
Purchase This Report at - https://bit.ly/3bIn5Qx
Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
The rising market demand for fire testing services is highly attributed to the increasing demand for third-party service providers. As per the International Confederation of Inspection and Certification Organization (CEOC), currently, around 40% of the fire testing services market is being outsourced. However, the remaining fire testing services are conducted in the in-house facilities. One of the key factors driving the third-party service providers' demand is the privatization of state-owned laboratories. Moreover, the rising pressure to reduce cost by the government organizations is compelling them to limit the market surveillance activities. Thus, augmenting the third-party services providers' demand.
Get Sample Copy of this Report at - https://bit.ly/2TpTuoV
The List of Companies :
1. Applus Services, SA
2. Bureau Veritas SA
3. DEKRA
4. Element Materials Technology
5. International Fire Consultants Group
6. Intertek Group plc
7. SGS AG
8. TUV SUD AG
9. UL LLC
10. United Technologies Corporation
the demand for fire testing services is driven by increasing globalization. The global trade has witnessed immense growth over the past decade owing to the emergence of new several new trade agreements and zones between the countries. Owing to these, many companies are deploying as well as importing their products globally. The increased globalization has resulted in a growing requirement for third-party accreditations.
The global fire testing market is segmented into five major regions, including North America, Europe, Asia Pacific, Middle East, and Africa, and South America. Europe holds the majority of the fire testing market share and is projected to continue its dominance during the forecast period. However, Asia-Pacific is expected to witness the highest CAGR growth. The growth of the manufacturing industry in the developing economies of the Asia Pacific. Additionally, increasing demands for housing, and infrastructural constructions are the key factors bolstering the fire testing services demand in the Asia Pacific region.
The report segments the global fire testing market as follows:
Global Fire Testing Market - By Service
o Testing
o Inspection
o Certification
Global Fire Testing Market - By Sourcing Type
o In-house
o Outsourced
Global Fire Testing Market - By Application
o Building & Construction
o Automotive
o Industrial & Manufacturing
o Consumer Goods & Retail
o Aerospace & Defense
Purchase This Report at - https://bit.ly/3bIn5Qx
Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
