Report Detail
Europe Fire Testing Market to 2027 - Regional Analysis and Forecasts 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)
- RnM3926430 |
- 13 March, 2020 |
- Global |
- 87 Pages |
- The Insight Partners |
- Electronics & Semiconductor
The fire testing market in Europe is expected to grow from US$ 1.96 Bn in 2018 to US$ 3.18 Bn by the year 2027. This represents a CAGR of 5.8% from the year 2019 to 2027. The fire testing market is primarily driven by the increasing need to adhere to the stringent fire compliances and regulations. However, the lack of a skilled workforce and the presence of counterfeit products in the market are the major factors that might hinder the growth of the fire testing market. Several factors that are impacting the market as a whole the macroeconomic circumstances, which affect new constructions and correspondingly the latest 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.
Also, the legacy and existing cabling infrastructure used in commercial buildings, offices, malls, and other confined places have proven to be incapable of handling the current capacities. A small occurrence of fire could lead to fatal results. In the urbanization era, with the rise in the number of constructions, care needs to be taken of human lives and property as well. With an increasing number of constructions, there has been an increasing number of fire incidents being reported daily. The fire causes could be many, and such fire losses have been significantly impacting the economy of countries around the world. Thus, the need for a robust cable infrastructure at these locations that do not pose any fire-related risks. These factors would further create a strong opportunity platform for the fire test service providers operating in the fire testing market.
The fire testing market by service is segmented into the testing, inspection, and certification. The inspection includes checking of goods for compliance with the required specifications. The process is often conducted at the manufacturing factory and chiefly emphasize checking construction, appearance, and basic product function. Another primary purpose of the inspection is to help identify and address quality defects in the products before final packaging. The process generally uses an acceptance sampling method such as an acceptable quality limit (AQL) for inspecting a random sample. The examiner can classify quality defects on the basis of their severity and issue a “pass” or “fail” result for the product using AQL.
The overall Europe fire testing market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the European fire testing market. It also provides an overview and forecast for the European fire testing market based on all the segmentation provided with respect to the European region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe fire testing industry. Some of the players present in the fire testing market are Applus Services, SA, Bureau Veritas SA, Dekra, Element Materials Technology, International Fire Consultants Group, Intertek Group plc, SGS SA, TUV SUD AG, UL LLC, United Technologies Corporation.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Europe Fire Testing Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 Fire Testing Market - Europe PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
5. Europe Fire Testing Market- Key Industry Dynamics
- 5.1 Key Market Drivers
- 5.1.1 Need to adhere to the stringent fire compliances and regulations
- 5.2 Key Market Restraints
- 5.2.1 Lack of skilled staffed coupled with the presence of counterfeit products in the market
- 5.3 Key Market Opportunities
- 5.3.1 The growing construction activities are expected to create lucrative market opportunities
- 5.4 Future Trends
- 5.4.1 Convergence of smart buildings
- 5.5 Impact Analysis of Drivers and Restraints
6. Europe Fire Testing Market -Market Analysis
- 6.1 Europe Fire Testing Market Overview
- 6.2 Europe Fire Testing Market Forecast and Analysis
7. Europe Fire Testing Market Analysis - By Service
- 7.1 Overview
- 7.2 Fire Testing Market Breakdown, By Service, 2018 & 2027
- 7.3 Testing
- 7.3.1 Overview
- 7.3.2 Testing Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.4 Inspection
- 7.4.1 Overview
- 7.4.2 Inspection Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.5 Certification
- 7.5.1 Overview
- 7.5.2 Certification Market Revenue and Forecasts to 2027 (US$ Mn)
8. Europe Fire Testing Market Analysis - By Sourcing Type
- 8.1 Overview
- 8.2 Europe Fire Testing Market Breakdown, By Sourcing Type, 2018 & 2027
- 8.3 In-house
- 8.3.1 Overview
- 8.3.2 In-house Market Forecasts and Analysis
- 8.4 Outsourced Services
- 8.4.1 Overview
- 8.4.2 Outsourced Services Market Forecasts and Analysis
9. Fire Testing Market Analysis - By Application
- 9.1 Overview
- 9.2 Fire Testing Market Breakdown, By Application, 2018 & 2027
- 9.3 Building & Construction
- 9.3.1 Overview
- 9.3.2 Building & Construction Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.4 Automotive
- 9.4.1 Overview
- 9.4.2 Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.5 Industrial and Manufacturing
- 9.5.1 Overview
- 9.5.2 Industrial and Manufacturing Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.6 Consumer Goods & Retail
- 9.6.1 Overview
- 9.6.2 Consumer Goods & Retail Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.7 Aerospace & Defence
- 9.7.1 Overview
- 9.7.2 Aerospace & Defence Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.8 Others
- 9.8.1 Overview
- 9.8.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Europe Fire Testing Market - Country Analysis
- 10.1.1 Europe Fire Testing Market Breakdown, By Country
- 10.1.1.1 France Fire Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.1.1 France Fire Testing Market Breakdown, By Service
- 10.1.1.1.2 France Fire Testing Market Breakdown, By Sourcing Type
- 10.1.1.1.3 France Fire Testing Market Breakdown, By Application
- 10.1.1.2 Germany Fire Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.2.1 Germany Fire Testing Market Breakdown, By Service
- 10.1.1.2.2 Germany Fire Testing Market Breakdown, By Sourcing Type
- 10.1.1.2.3 Germany Fire Testing Market Breakdown, By Application
- 10.1.1.3 Italy Fire Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.3.1 Italy Fire Testing Market Breakdown, By Service
- 10.1.1.3.2 Italy Fire Testing Market Breakdown, By Sourcing Type
- 10.1.1.3.3 Italy Fire Testing Market Breakdown, By Application
- 10.1.1.4 Russia Fire Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.4.1 Russia Fire Testing Market Breakdown, By Service
- 10.1.1.4.2 Russia Fire Testing Market Breakdown, By Sourcing Type
- 10.1.1.4.3 Russia Fire Testing Market Breakdown, By Application
- 10.1.1.5 UK Fire Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.5.1 UK Fire Testing Market Breakdown, By Service
- 10.1.1.5.2 UK Fire Testing Market Breakdown, By Sourcing Type
- 10.1.1.5.3 UK Fire Testing Market Breakdown, By Application
- 10.1.1.6 Rest of Europe Fire Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.6.1 Rest of Europe Fire Testing Market Breakdown, By Service
- 10.1.1.6.2 Rest of Europe Fire Testing Market Breakdown, By Sourcing Type
- 10.1.1.6.3 Rest of Europe Fire Testing Market Breakdown, By Application
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Development
- 11.4 Merger and Acquisition
12. Fire Testing Market - Company Profiles
- 12.1 Applus Services, SA
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Bureau Veritas SA
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 DEKRA
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Element Materials Technology
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 International Fire Consultants Group
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Intertek Group plc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 SGS AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 TUV SUD AG
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 UL LLC
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 United Technologies Corporation
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
Summary:
Get latest Market Research Reports on Europe Fire Testing . Industry analysis & Market Report on Europe Fire Testing is a syndicated market report, published as Europe Fire Testing Market to 2027 - Regional Analysis and Forecasts 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). It is complete Research Study and Industry Analysis of Europe Fire Testing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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