The global fire protection system testing, inspection, and certification (TIC) market was valued at USD 533 million in 2023 and is projected to reach USD 633 million by 2028; it is expected to register a CAGR of 3.5% during the forecast period. Some key factors propelling the market growth include growing urbanization and industrialization, the growth of the construction industry, growing human life and property loss owing to fire breakouts, and strict government regulations pertaining to fire protection.
SGS SA, a global leader in Testing, Inspection, and Certification (TIC) services, excels in the fire protection system TIC market through its extensive global presence, technical expertise, and comprehensive service offerings. With a vast network, SGS provides TIC services for fire protection systems worldwide, offering precise assessments and certifications by a team of industry experts well-versed in standards and regulations. Their comprehensive services encompass testing, inspection, and certification of fire alarms, sprinkler systems, and more critical components. SGS's ability to customize solutions to meet unique client needs ensures regulatory compliance and enhanced fire safety and reliability. SGS heavily stresses on the acquisition strategy, along with partnerships & collaborations to enhance its product portfolio and expand its reach in the fire protection system TIC market. For Instance, in September 2022, SGS offers comprehensive furniture and mattress testing services to help the industry assess the safety and durability of their products. These services include mechanical testing, chemical testing, flammability testing, electrical safety and performance testing, and comparison testing/fit for use (FFU) testing/performance testing.
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Bureau Veritas offers a wide range of testing, inspection, and certification services for aerospace and transport applications. The company adopts emerging technologies such as 5G, digital twin, blockchain, and cloud computing to provide accurate results and offer a better client experience. Bureau Veritas meets the needs of its clients through a well-developed network of testing labs, particularly in countries that have strong industrial bases such as France, the US, Canada, Japan, and the UK. The company aims to expand its presence in these markets by offering a large portfolio of products & services. It collaborates with different organizations to gain insights to improve its service portfolio. The company stresses heavily on the acquisition strategy to enhance its service portfolio. Recently, it has acquired several companies. For example, in September 2022, Bureau Veritas acquired C.A.P. Government, Inc. (CAP) (US), a company serving as one of the largest building department services firms. In March 2022, The company collaborated with EMSA and DBI to deliver a Formal Safety Assessment (FSA) study on container ship fires to the European Maritime Safety Agency (EMSA). The FSA is a systematic process for assessing the risks associated with shipping activity and for evaluating the costs and benefits of IMO's options for reducing these risks.
Keysight Technologies is one of the most prominent players in the calibration services market. It has expertise in engineering different product types and offers various calibration services. The company mainly focuses on manufacturing innovative products by conducting extensive research and development activities to maintain its position in the calibration services market. The research and development facilities and manufacturing sites of Keysight are in California and Colorado in the US. It also has these facilities and sites in China, Germany, India, Japan, Malaysia, Singapore, and Spain. Keysight manufactures and sells products to customers for aerospace and defense, government, commercial communications, and electronic industrial applications. Its diversified customer base reduces the company's exposure to individual end markets and distinguishes it from its competitors. Keysight sells its products in three different regions, primarily through direct sales and third-party distributors. The company positions its manufacturing facilities strategically near its customers to maintain an efficient supply chain and low-cost production.
DEKRA is a prominent player in the Fire Protection Systems Testing, Inspection, and Certification (TIC) market, and boasts several key strengths. With a vast global presence, highly accredited experts, and a comprehensive suite of TIC services, DEKRA provides reliable and compliant assessments for fire protection systems. Their commitment to innovation and technology ensures that clients benefit from cutting-edge solutions, while their proactive approach to customization addresses unique client needs, making DEKRA a trusted partner in enhancing fire safety and regulatory compliance worldwide. The company focuses on testing, inspection, and certification services for fire protection systems installed in buildings and infrastructure. The company has launched many services to strengthen its portfolio of services further. For Instance, in December 2020, DEKRA Organisational and Process Safety business partnered with a multinational construction conglomerate Saudi Binladin Group to fast-track progress in safety performance.
TÜV Rheinland offers technical services for testing, inspection, certification, consultation, and training globally. The company offers inspections and solutions in the field of environment, facility management, food & feed, guided transport systems, consumer goods, building materials, education, electrical/electronic products, power plants, inspection equipment, medical equipment, telecommunications/IT products, mechanical products, medical devices, textiles/leather goods, transport telematics, utilities management, vehicle parts, among others.
The company operates through five major business segments—Industrial Services, Mobility, Products, Academy & Life Care, Systems. The Industrial Services segment covers industrial inspection, materials inspection and testing, non-destructive testing, industrial and infrastructure project monitoring, environmental and pollutant analysis, etc. The Mobility segment is responsible for periodic technical inspections and testing of eligibility of vehicle components, ITS, and logistics. The Products segment is responsible for testing product functionality, serviceability, ergonomics and safety, and certification of products.
TÜV SÜD has substantial opportunities to grow organically by launching services for new fields or markets such as consumer electronics and medical devices. It also leverages its rising investments in R&D activities. The company’s future-oriented strategy aims at sustainable growth and internationalization. The company is focused on enhancing its portfolio by acquiring testing, inspection, and certification companies in different regions, thereby creating growth opportunities. TÜV SÜD offers testing, inspection, and certification services for applications such as aerospace, automobile & transportation, chemical, oil & gas, and consumer products & retail. TÜV SÜD has a significant presence in Asia, where numerous goods are manufactured daily, helping the company maintain its leading market share. The company emphasizes on partnerships and product launches as main strategies. For Instance, in April 2022, the company collaborated with ioMosaic (US), a leading provider of process safety solutions (PSS), for risk management and process safety services. Later in March 2022, it partnered with ENGIE (France) to expand activities in the fields of hydrogen and power-to-X. In December 2020, TÜV SÜD launched a product certification for vegan footwear, apparel, and home textiles. The certification helps companies follow their animal-friendly commitments by avoiding the use of animal-derived materials in their final products. Similar developments are expected to drive the growth of the firm in the fire protection systems TIC market in the coming years.
Fire Protection System Testing, Inspection, and Certification (TIC) Market by Service Type (Testing, Inspection, Certification), System Type (Fire Alarm Devices, Fire Detection Systems, Sprinkler Systems), Application and Region - Global Forecast to 2028
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