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Fire Testing Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: November 2024 || SKU: ICT7524
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Global fire testing market is segmented By Type (Fire Resistance Testing, Flammability Testing, Smoke Density Testing, Fire Propagation Testing, Thermal Performance Testing, Others), By Service Type (Testing, Inspection, Certification, Others), By Sourcing Type (In-House, Outsourced), By Technology (Active Fire Protection, Passive Fire Protection), By Testing Method (Full Scale, Small Scale, Bench Scale, Others), By Application (Consumer Goods & Electronics, Agriculture & Food, Chemicals, Construction & Infrastructure, Energy & Power, Industrial & Manufacturing, Medical & Life Sciences, Mining, Oil & Gas and Petroleum, Public Sector, Automotive, Aerospace & Defense, Marine & Railways, Supply Chain & Logistics, Others) and By Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Report Overview

The Global fire testing market was valued at US$ YY billion in 2022 and is estimated to reach US$ YY billion by 2030, growing at a CAGR of YY% during the forecast period from 2024-2031.

The demand for fire testing services has increased due to the stricter safety requirements and building rules that are in place worldwide. Stricter regulations are being imposed by governments and regulatory agencies on the fire resistance of materials and buildings, especially in the manufacturing and construction industries. Comprehensive fire testing is urgently needed to assure compliance and reduce risks in light of the increased awareness of fire safety and the growth in fire accidents worldwide.

The rise of the growing construction sector, technical developments in testing techniques, and trade globalization, which emphasizes the significance to international fire safety regulations. A growing number of industries, including electronics, textiles, and automotive, depend on fire testing services to verify the safety of their products.

Market Dynamics

Increasing Adoption of the Smart City Concept

The market for fire testing is anticipated to develop in the future due to the growing acceptance of the smart city concept. A city that uses information and communication technology (ICT) to improve welfare and public services, increase productivity, and inform the public is referred to as a smart city. Smart cities utilize fire testing as a means of anticipating and promptly identifying fires and smoke, therefore reducing extensive damage and improving public safety.

For instance, in October 2022, Saudi Arabia is constructing Neom, a smart city, to serve as the site of the Asian Winter Games 2029, an international athletic event, according to a news story posted by National World plc, a UK-based news publishing firm. Currently under construction in Tabuk Province, northwest Saudi Arabia, is Neom, a Saudi smart city. With a projected price tag of $500 billion (about £436 billion), it is meant to incorporate smart city technology and function as a travel hub. The project, which Saudi Arabia had anticipated to have completed in significant part by 2020 and with an extension completed in 2025, may now take until 2026 due to delays.

For Instance, in 2023, The leading provider of fully integrated fire safety, security, and life safety services, Pye-Barker Fire & Safety, has acquired IT&M Division Inc., a full-service fire sprinkler provider in Montana. Through the acquisition, Pye-Barker, which has long provided services to Montana's commercial clients through its fire alarm and security division, is now able to offer sprinkler testing, maintenance, and installation. Because of its aggressive acquisition strategy, Pye-Barker has emerged as the leading company in the country for fire and life safety. The increasing adoption of the smart city concept drives the global fire testing market.

 

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Market Segmentation Analysis

Governments and international organizations are imposing strict laws and standards to improve fire safety in a variety of industries, including electronics, cars, and construction, which is forcing corporations to do extensive fire testing.  As a result, there is now a greater need for services related to smoke density, flammability, and fire resistance testing to guarantee that safety regulations are being followed.

The market for fire testing is also expanding as a result of a rising focus on fire safety and awareness in both developed and developing nations.

For Instance, in 2020, UL, a global safety science company, launched a free online database recognizing manufacturers compliant with the ANSI/CAN/UL 9540A Standard for evaluating thermal runaway fire propagation in Battery Energy Storage Systems (BESS). Manufacturers who have undergone UL testing can share information through the database in three ways: model numbers with contact details for test details, UL 9540A report summaries, or full test reports. This initiative promotes transparency and knowledge-sharing in ensuring safety standards for battery energy storage systems.

For Instance, in 2022, Allegiant Fire Protection was acquired by Building Industry Partners' UK-based platform business, Endeavor Fire Protection, for an unknown sum. With this purchase, Endeavor will significantly broaden its geographic reach and improve its client offering throughout Illinois and the Midwest. The US-based fire alarm system manufacturer Allegiant Fire Protection provides 24-hour fire suppression system testing, monitoring, and inspection.

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FAQ’s

  • Fire Testing Market is estimated to grow at a high CAGR during the forecast period from 2024-2031

  • Key players are SGS SA, Bureau Veritas SA, DEKRA SE, Element Materials Technology, Applus+, Kiwa Group, TÜV SÜD AG, UL LLC and QIMA.
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