Press release
Global Fire Protection System Testing and Inspection Market Research Report 2023
The global Fire Protection System Testing and Inspection market was valued at US$ 681.2 million in 2022 and is anticipated to reach US$ 818.1 million by 2029, witnessing a CAGR of 3.1% during the forecast period 2023-2029.VIEW FULL REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-29F9033/global-fire-protection-system-testing-and-inspection
Fire-protection and life safety systems include building exit systems, fire-alarm systems, and fire-suppression systems. Fire-prevention codes specify the proper maintenance and repair of these systems. Fire protection involves the installation and use of structural and operational systems to minimize the impact of fire on people and property. Fire-protection systems fall into two main categories - passive fire protection and active fire protection.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main global Fire Protection System Testing and Inspection players include Bureau Veritas Group, APi Group Corporation, TUV Rheinland Group, Intertek Group Plc, Applus Services SA, etc. The top five Fire Protection System Testing and Inspectiont players account for approximately 40% of the total market. Europe is the largest consumer market for Fire Protection System Testing and Inspection, accounting for about 43%, followed by Americas and APAC. In terms of type, Fire Alarm and Detection System is the largest segment, with a share about 40%. And in terms of application, the largest application is Construction & Infrastructure, followed by Industrial & Manufacturing.
Segment by Type
Fire Alarm and Detection System
Fire Suppression Systems
Sprinkler Systems
Card Access Systems
Others
Segment by Application
Data Center
Industrial & Manufacturing
Supply Chain & Logistics
Energy & Power
Oil & Gas and Petroleum
Construction & Infrastructure
Mining
Agriculture & Food
Others
By Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia) Rest of Europe
Nordic Countries
Asia-Pacific (China, Japan, South Korea)
Southeast Asia (India, Australia)
Rest of Asia
Latin America (Mexico, Brazil)
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