Press release
Fire Testing Market to Reach US$ 10.08 Billion, Globally, by 2027 at 6.7% CAGR: The Insight Partners
Latest market study on "Fire Testing Market by Service (Testing, Inspection, and Certification); Sourcing Type (In-house and Outsourced); Application (Building & Construction, Automotive, Industrial & Manufacturing, Consumer Goods & Retail, Aerospace & Defense, and Others); and Geography;- Global Analysis and Forecast", the fire testing market is estimated to reach US$ 10.08 Bn by 2027 from US$ 5.77 Bn in 2018. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.
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.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis: - https://bit.ly/3NLCbYL
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.
Furthermore, 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.
Schedule a pre-sale discussion with the author team in a slot that you prefer to address queries on scope of the report, customization, introduction to methodology, assistance on technologies, and market definitions: - https://bit.ly/3ur2kVU
The market for fire testing has been segmented on the basis of service, sourcing type, application, and geography. The fire testing market on the basis of service is segmented into testing, inspection, and certification. The testing segment held the major market share in the fire testing market. The fire testing market based on sourcing type is segmented into in-house and outsourced. The in-house segment led the fire testing market and it is anticipated to continue its dominance during the forecast period.
The market for fire testing by application is further segmented into building & construction, automotive, industrial & manufacturing, consumer goods & retail, and aerospace & defense. The building & construction segment led the fire testing market in 2018 and is expected to continue its dominance during the forecast period.
The major companies in fire testing market include Applus Services, SA, Bureau Veritas SA, DEKRA, Element Materials Technology, International Fire Consultants Group, Intertek Group plc, SGS AG, TUV SUD AG, UL LLC, United Technologies Corporation are also offering the fire testing solutions for various applications, which is facilitating the market to propel over the years.
Chapter Details of Fire Testing Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Fire Testing Market Landscape
Part 04: Fire Testing Market Sizing
Part 05: Fire Testing Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods: - https://bit.ly/3yGOAbV
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
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.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis: - https://bit.ly/3NLCbYL
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.
Furthermore, 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.
Schedule a pre-sale discussion with the author team in a slot that you prefer to address queries on scope of the report, customization, introduction to methodology, assistance on technologies, and market definitions: - https://bit.ly/3ur2kVU
The market for fire testing has been segmented on the basis of service, sourcing type, application, and geography. The fire testing market on the basis of service is segmented into testing, inspection, and certification. The testing segment held the major market share in the fire testing market. The fire testing market based on sourcing type is segmented into in-house and outsourced. The in-house segment led the fire testing market and it is anticipated to continue its dominance during the forecast period.
The market for fire testing by application is further segmented into building & construction, automotive, industrial & manufacturing, consumer goods & retail, and aerospace & defense. The building & construction segment led the fire testing market in 2018 and is expected to continue its dominance during the forecast period.
The major companies in fire testing market include Applus Services, SA, Bureau Veritas SA, DEKRA, Element Materials Technology, International Fire Consultants Group, Intertek Group plc, SGS AG, TUV SUD AG, UL LLC, United Technologies Corporation are also offering the fire testing solutions for various applications, which is facilitating the market to propel over the years.
Chapter Details of Fire Testing Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Fire Testing Market Landscape
Part 04: Fire Testing Market Sizing
Part 05: Fire Testing Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods: - https://bit.ly/3yGOAbV
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
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...
