Fire Doors Market
Fire Doors Market - Global Industry Assessment & Forecast
Segments Covered
- By Mechanism Swinging Fire Doors, Sliding Fire Doors, Folding Fire Doors, Others
- By Material Wood, Metal, Glass, Others
- By End user Residential, Non-residential
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 14.2 Billion |
Revenue 2030: | USD 2.39 Billion |
Revenue CAGR (2023 - 2030): | 5.25% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The global Fire Doors Market is valued at USD 14.2 Billion in 2022 and is projected to reach a value of USD 2.39 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 5.25% between 2023 and 2030.
Premium Insights
The growth trajectory of the Fire Doors market is influenced by a range of key factors including the strict regulations and codes governing building safety, which emphasize the importance of fire-resistant structures. This has led to increased adoption of fire doors in both residential and non-residential construction projects. The demand for fire doors is also fueled by a surge in construction activities driven by urbanization and industrialization. There is a growing awareness of fire safety measures and a heightened focus on minimizing property damage and ensuring occupant safety, which further boosts the market. Technological advancements in materials and manufacturing processes have resulted in innovative and efficient fire door solutions, serving as pivotal market drivers.
- In addition, the market aligns with the increased emphasis on sustainable and eco-friendly construction practices, reflecting a broader societal shift toward safety and environmental consciousness
- North America generated more than 40.2% of revenue share in 2022
- Asia Pacific is expected to grow at the quickest rate from 2023 to 2030
- Swinging Fire Doors segment accounted for the largest market growth in 2022
- Metal segment revealed the most significant market growth in 2022
- Non-residential segment accounts for largest revenue in 2022
Economic Insights
The Fire Doors market is influenced by various factors that impact its growth and stability. The demand for fire safety solutions in both residential and non-residential construction sectors drive its resilience. Economic growth, urbanization, and industrialization contribute to increased construction activities, which in turn increases the demand for fire doors. Stringent building safety regulations are also a significant driver of market growth. Research and development efforts by industry players are crucial in introducing innovative materials and technologies that align with sustainability goals and enhance the economic viability of fire doors.
Fire Doors Market Size, 2022 To 2030 (USD Billion)
AI (GPT) is here !!! Ask questions about Fire Doors Market
Top Market Trends
- Increased Focus on Aesthetics and Design: Manufacturers are increasingly prioritizing the visual attractiveness of fire doors, incorporating an assortment of finishes, designs, and customization choices that correspond with current architectural trends.
- Integration of Smart Technologies: Building security systems have now incorporated smart technologies into fire doors, which provide advanced monitoring and control through smart locks, sensors, and connectivity.
- Rising Demand for Green Building Materials: Fire doors are experiencing an increased demand for environmentally friendly and sustainable building materials. There is a growing trend towards eco-friendly alternatives that are also energy-efficient.
- Global Awareness and Education: The demand for fire doors as an essential safety measure is attributed to educational initiatives and government campaigns that aim to raise awareness about fire safety.
- Stringent Building Safety Regulations: The demand for fire doors is being driven by a growing emphasis on implementing building safety codes and regulations worldwide. The strict regulations highlight the significance of materials and structures that can withstand fire.
Market Segmentation
Fire Doors The global Fire Doors market can be categorized into Mechanism, Material, End user, Region. The Fire Doors market can be categorized into Swinging Fire Doors, Sliding Fire Doors, Folding Fire Doors, Others based on Mechanism. The Fire Doors market can be categorized into Wood, Metal, Glass, Others based on Material. The Fire Doors market can be categorized into Residential, Non-residential based on End user. The Fire Doors market can be categorized into North America, Europe, Asia Pacific, Latin America, Middle East & Africa based on Region.
Report Coverage & Deliverables
- Real-Time Data Updates:
- Competitor Benchmarking
- Market Trends Heatmap
- Custom Research Queries
- Market Sentiment Analysis
- Demographic and Geographic Insights
Get Access Now
Based on Mechanism
Swinging Fire Doors holds the largest share
The Fire Doors market is dominated by the swinging fire doors. Swinging Fire Doors, known for their hinged structure and outward swing capability, have gained popularity in multiple uses. The reason behind the widespread use of these doors is their straightforwardness, dependability, and ease of setup, making them a commonly adopted solution across different buildings. The worldwide focus on strict building safety rules has also contributed to the high demand for fire-resistant qualities, establishing Swinging Fire Doors as the top choice in the market.
Based on Material
Metal will dominate the market during Forecast Period
The Fire Doors market is anticipated to be dominated by metal fire doors. This prevalence can be credited to the innate attributes of metal, which encompass remarkable durability, strength, and exceptional fire resistance. Consequently, metal fire doors are favored for a wide range of uses in construction, commercial, and industrial environments. The sturdiness of these doors aligns effectively with strict building safety regulations and the growing focus on fire-resistant substances.
Based on End user
Non-residential will account for largest market share
In terms of end user, non-residential is anticipated to hold the greatest market share for Fire Doors market. Non-residential buildings, which comprise commercial, industrial, and institutional structures, typically need to adhere to strict safety regulations, leading to a higher demand for fire-resistant solutions like fire doors. This segment's dominance is reinforced by the increased focus on safety and compliance in non-residential settings, as well as the growing construction activities in the commercial and industrial sectors.
Based on Region
North America will lead the market
The North America region dominated the Fire Doors market due to several reasons, such as a strict building codes, a high level of awareness about fire safety, and significant construction projects. North America, consisting of the United States and Canada, is well-known for its strong regulations on building safety, which often drive the demand for fire-resistant solutions like fire doors. Additionally, the region's emphasis on modern construction techniques and safety features in buildings contribute to a thriving market for fire doors.
Competitive Landscape
The Fire Doors market is highly competitive, with intense innovation and strategic partnerships among a diverse range of players. Companies specializing in metal, wood, and composite fire doors strive to meet the increasing demand for strong fire safety solutions. These players prioritize research and development to introduce advanced materials and technologies that improve the fire resistance and appearance of their products. Additionally, evolving building safety regulations, regional market trends, and the focus on sustainable and energy-efficient building materials influence the competitive dynamics.
The players in the global Fire Doors market include DORMA, Reynaers Aluminum, Century, Welltech, D.S. India, Beautex, KONE, Lumani Schuco, Duroplast, Fenesta, Sapa Building System. among others.
Recent Market Developments
- 2023: JELD-WEN Holding, Inc. (NYSE: JELD) has released its financial results for the three- and nine-months ending September 30, 2023. The company is updating its guidance for the full year to account for its strong performance in the third quarter. The comparisons are made to the same period in the previous year, and all periods presented exclude the Australasia segment as it is no longer part of the company's operations.
Segmentation of the Global Fire Doors Market
Parameter | Details |
---|---|
Segments Covered |
By Mechanism
By Material
By End user
By Region
|
Regions & Countries Covered |
|
Companies Covered |
|
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
FAQ
Frequently Asked Question
What is the global demand for Fire Doors in terms of revenue?
-
The global Fire Doors valued at USD 14.2 Billion in 2022 and is expected to reach USD 2.39 Billion in 2030 growing at a CAGR of 5.25%.
Which are the prominent players in the market?
-
The prominent players in the market are DORMA, Reynaers Aluminum, Century, Welltech, D.S. India, Beautex, KONE, Lumani Schuco, Duroplast, Fenesta, Sapa Building System..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.25% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Fire Doors include
- Growing Construction Industry
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Fire Doors in 2022.