NEWSWIRETODAY Press Release & Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Fire Safety Companies Expand Service Offerings to Disrupt the Future of the Industry Finds Frost & Sullivan - New safety standards propel the demand for fire safety services such as testing, inspection and consulting, finds Frost & Sullivan - Frost.com
Fire Safety Companies Expand Service Offerings to Disrupt the Future of the Industry Finds Frost & Sullivan

 

NewswireTODAY - /newswire/ - Mountain View, CA, United States, 2016/03/10 - New safety standards propel the demand for fire safety services such as testing, inspection and consulting, finds Frost & Sullivan - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security / Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

With more than 40 percent of total fire safety services outsourced to third-party testing companies, service providers are showing urgency in expanding their service portfolios. The thermal imaging camera (TIC) market, for instance, is rapidly developing into a one-stop shop for all fire safety service requirements. Scalability and economies of scale will help augment the revenues of top TIC participants that deliver end-to-end services.

Recent analysis from Frost & Sullivan, Analysis of the Global Fire Safety Services Market, finds that the market earned revenues of $15.70 billion in 2015 and estimates this to reach $23.20 billion in 2020. The study covers the fire safety service segments of testing, inspection, certification, consulting and training. Developed economies are expected to dominate the demand over the forecast period, and fire safety consulting services generate the highest revenue.

“Leading TIC companies are enhancing their brand value by developing a complete breadth of testing, inspection and certification services for material testing, condition monitoring, metrology and non-destructive testing,” said Frost & Sullivan Measurement & Instrumentation Research Analyst Aravind Govindan. “They are also leveraging their global presence and brand image to sign strategic merger and acquisition deals to widen their market presence.”

In addition to end users’ desire to outsource non-core activities, the global fire safety testing sector has received impetus from new safety regulations, with Europe leading the way. In 2011, Europe’s Construction Products Directive was replaced by the Construction Products Regulation, which does not allow any member state to opt out of the mandatory CE marking. Consequently, construction products then fall within the realm of the regulation cannot be sold in the European Union without obtaining the CE mark. These products can include fire door sets and associated ironmongery, fire resisting ducts and dampers.

Although Europe and North America are large markets, the drop in manufacturing levels in these regions and the simultaneous rise of Asia-Pacific as a manufacturing hub is expected to alter market dynamics. Massive infrastructure investments in Asia-Pacific over the last decade, especially in its emerging markets, have created a fertile environment for fire safety service providers to thrive. In 2015, China, Japan, India and South Korea accounted for 91.9 percent of the total fire safety services market in the region.

“Regional fire safety companies, especially those that offer just one or two services, typically have low margins. Lower operational costs and proximity to clients will help these companies be more cost-effective,” noted Govindan. “In effect, participants with diversified services, scalability and global presence will have a competitive edge over their peers.”

Analysis of the Global Fire Safety Services Market is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Network Recording Market, Global Centralized Radio Access Network (C-RAN) Testing and Monitoring Market, Global Mass Spectrometry Market, Adapting to the Future of Dimensional Metrology: Evaluating the potential for CT systems, and 2025 Vision for the Global Test and Measurement Industry. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on “the next big thing" | Register: Gain access to visionary innovation

Analysis of the Global Fire Safety Services Market / NDC6-30

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security / Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Security / Law Enforcement articles,
CATCH Visitors via Your Competitors Announcements!


Fire Safety Companies Expand Service Offerings to Disrupt the Future of the Industry Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan | Global Mass Spectrometry
Contact: Jaylon Brinkley - Frost.com 
210-247-2481 jaylon.brinkley[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Security / Law Enforcement via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Security / Law Enforcement Most Recent Related Newswires:

City of Mount Vernon Unveils AWARE Room, Advancing Community-Focused, Tech-Driven Policing to Focus More on the Community
Collin College Law Enforcement Academy Integrates Motorola Solutions Body Cameras into Police Training
Murrieta, CA Police Department Leads the Way with Transition to CentralSquare’s Cloud-Based CAD, Revolutionizing Public Safety Operations
DATAMARK Technologies Applauded by Frost & Sullivan for Advancing Location Determination Capabilities and Data Accuracy with its Improved GIS & Indoor
Guayaquil Boosts Emergency Response With Motorola Solutions
German Federal State of Thuringia Deploys Motorola Solutions Body Cameras to Police
Milwaukee County and Waukesha County Unveil Enhanced Emergency Communication System to Promote Public Safety
Five Oklahoma Agencies Select CentralSquare’s 911 Solution
Austrian Ministry of the Interior chooses Motorola Solutions Body Cameras to Modernize Nationwide Front-line Policing
Motorola Solutions Equips Police Officers in German Federal State of Saxony-Anhalt with Body-Worn Cameras
Hamilton County 911 Selects CentralSquare Unify™ (CAD-to-CAD) Software
Morgan County, Alabama Selects CentralSquare Technologies to Advance Public Safety
Lithuania Modernizes Frontline Policing with Body-Worn Cameras from Motorola Solutions
Wrap Announces Technology Acquisition and Partnership with Lumeto, Inc. to Expand its Wrap Reality Training Platform
Motorola Solutions Enhances Border Protection for a Safer Paraná, Brazil

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  RightITnow, Inc.





 
  ©2005-2025 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)