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.
A fire testing technique is used to determine whether fire protection products meet performance criteria as set out in applicable legislation or building code. Apart from those on firestops, there are many different types of fire tests. Walls and floors themselves are tested, closures within them, including windows, fire doors, structural steel, fire dampers, and others. Fire tests are conducted both on active as well as passive fire protection items. Each has different test scales and methods. There are several tests including small-scale, full-scale, and bench-scale tests. There are tests conducted on systems as well as on materials, such as intumescent. To be sure of the components used within a system.
Fire testing services are expected to consider all applicable provisions of the intended product certification. It is also practical to test products to ensure ease of use and broad, economical applications with respect to listing and approval use and compliance
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Fire Testing Market: Strategic Insights
Market Size Value in US$ 5.77 Billion in 2018 Market Size Value by US$ 10.08 Billion by 2027 Growth rate CAGR of 6.7% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Fire Testing Market: Strategic Insights
| Market Size Value in | US$ 5.77 Billion in 2018 |
| Market Size Value by | US$ 10.08 Billion by 2027 |
| Growth rate | CAGR of 6.7% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Lucrative Regional Fire Testing Market
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Market Insights
The necessity to adhere to the stringent fire compliances and regulations
In an event of a fire in buildings, consumer products, or in any means of transportation, the fire resistance time of the products and materials is the most critical variable and is expected to have a direct influence on the inhabitants' safety. Fire-resistant products are designed to support the structures to retain their least functions during the time needed to evacuate the people, even regardless of the extreme conditions of heat and pressure to which they are exposed. The manufacturers of these products must evaluate product stability, resistance, and fire insulation based on the applicable regulation. The majority of the advanced and developing economies have laid down stringent fire regulations regarding the development of consumer products and the construction of new buildings in order to ensure safety for occupants. Countries such as North America, Australia, Canada, Mexico, UK, Germany, Spain, Italy, and India have laid down stringent regulations. Also, the concerned authorities have laid down heavy punishments in case of violence of the codes. Virtually every building, process, service, design, and installation is affected by NFPA’s codes and standards. These codes and standards, reflect changing industry needs and evolving technologies, supported by research and development, and practical experience. The laying of such rules and regulations have been driving the adoption of fire testing market globally.
Significant growth of the construction sector across the globe
Several factors that are impacting the market as a whole the macroeconomic circumstances, which affect new constructions and correspondingly the new equipment and service installations. The construction sector is witnessing a decent growth rate in recent times. The trend is foreseen to continue over the years, thereby, creating a huge space for commercial and industrial constructions. Governments of various countries are undertaking initiatives with a motive to support the construction industry. The growth in the construction of commercial buildings is anticipated to provide prosperous opportunities to the market to grow across the globe thus, positively impacting the fire testing market.
Service Insights
The fire testing market on the basis of service is segmented into testing, inspection, and certification.
The testing segment led the fire testing market, by service; it is anticipated to continue its dominance during the forecast period.
Sourcing Type Insights
The fire testing market based on sourcing type is segmented into in-house and outsourced. The fire testing is primarily dominated by the in-house. In-house service includes performing fire testing activities or operations within a company. It includes the company’s employees as well as time by keeping a division or business activity, in-house. In-house services are implemented within the same business utilizing the company’s employees and assets.
Application Insights
The application segment of the fire testing market is segmented into building & construction, automotive, industrial & manufacturing, consumer goods & retail, and aerospace & defense. The building & construction segment led the fire testing market, by application, with a share of 29.8% in 2018; it is anticipated to continue its dominance during the forecast period.
North America Fire Testing Market by Application
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Product development is observed as the most adopted strategy in the global fire testing market. Few of the recent market developments are listed below;
2019:Applus+ TST partnered with Metro de Granada in fire drill to test the efficiency of their Auto-Protection Plan and the level of coordination between the metro’s operational team and the security team, firefighters, civil protection and emergency personnel.
2019:SGS announced the official opening of its new food microbiological testing laboratory in Fairfield, New Jersey USA. The new facility aims to expand SGS's high-quality network of food laboratories across the US.
2019:Applus+ TST launched a new advanced tunnel fire response course, open to firefighters and emergency personnel. The course - an in-depth theoretical and practical training program comprising drills in the testing tunnel with real smoke and fire - is to take place at the Applus+ TST facility in Asturias (Spain).
GLOBAL FIRE TESTING MARKET SEGMENTATION
Global Fire Testing Market - By Service
- Testing
- Inspection
- Certification
Global Fire Testing Market - By Sourcing Type
- In-house
- Outsourced
Global Fire Testing Market - By Application
- Building & Construction
- Automotive
- Industrial & Manufacturing
- Consumer Goods & Retail
- Aerospace & Defense
- Others
Global Fire Testing Market - By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- UAE
- Saudi Arabia
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Global Fire Testing Market - Company Profiles
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Service ; Sourcing Type ; Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
Presently, around 44.5% of the fire testing activities are outsourced, and the rest of the fire testing solutions are performed in-house. Fire testing services performed in-house are often ancillary for the companies. The decision regarding whether to perform fire testing activities in-house or to outsource includes evaluating the several costs and allied risks. Further, the decision on in-house testing or selecting to outsource fire testing activities depends on the goals and objectives of the company. Also, the budget, as well as the time frame, is another significant factor taken into consideration.
APAC is expected to be the fastest-growing market for fir testing solutions market during the forecast period. The growth of the fire testing market in this region is attributed to growing various end-use industry with the increasing demand for solutions to be protective. The major economies in the region-China, Japan, South Korea, and India-are with growing awareness about the fire protection in industry is fueling the growth of fire testing market in the region.
The growth in APAC region for the fire testing market is rising due to rapid urbanization and industrialization in countries such as India, China, and Japan. Also, this region is one of the biggest exporters of products, goods, and services. The construction sector in the APAC region has risen significantly. With a prowess to make the most of the developing scenario and helpful government policies, the construction sector is witnessing its boom in the APAC region. Exponential rates of urbanization have led to significant rise in the number of residential, commercial, industrial buildings across many countries of the region. Also, this region consists of countries that have laid enhanced focus on the manufacturing industry.
The List of Companies - Fire Testing Market
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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