Global Fire-Rated Doors Market Size was $13.97 billion in 2023

Global Fire-Rated Doors Market Overview

According to Global Market Monitor, the global fire-rated doors market size was $13.97 billion in 2023 with a CAGR of 7.56% from 2023 to 2029.

Fire-rated doors are used to contain or slow down the spread of smoke or fire, thereby protecting personal assets from burning. These doors provide extra time to leave the structures caught in the fire and play a critical role in reducing the fatalities due to smoke inhalation.

Market Drivers

The rise in the incidence of fires and the growth of the construction industry are driving the growth of the global fire door market share. In addition, the government's focus on providing export channels for people in the event of a fire and the forced installation of fire doors in public and commercial buildings have spurred business expansion. The demand for fire protection products in commercial sectors such as shopping malls and amusement parks is increasing to reduce the loss of life and property and has a positive impact on the growth of the industry.

Market Dynamics

The stringent government regulations associated with the installation of fire-rated doors are aiding the market demand. For instance, the Housing and Development Board of Singapore has mandated the installation of fire-rated doors in residential buildings. Meanwhile, the players also introduce new and advanced fire-rated doors are expected to stimulate market growth over the forecast period. Promat UK launched two steel-framed doors and a timber door set that meets the EI30 or EI60 specifications in August 2023. The company aims to offer enhanced fire safety in domestic, public, and commercial buildings.

Assa Abloy AB Overview

Assa Abloy AB is a Swedish conglomerate whose offerings cover products and services ranging from locks, doors, gates, and entrance automation. This also includes controlling identities with keys, cards, tags, and mobile and bio-metric identity verification systems with a market share of 3.68% in 2023.ASSA ABLOY, in partnership with Vetrotech, developed its series of offerings to the E119 Fire Resistive products. The new products offered are the interior curtain wall and the flexible full glass narrow stile door, which are expected to join the E119 family amongst the industry's highest fire-resistive framing systems and specialty doors.

Assa Abloy AB set up a product research and development center in Shanghai in 2022 to serve its global market and support the development and application of intelligent network security products, as well as the iterative upgrade of the software. The Assa Helai smart home security management system developed is connected to Huawei's "Hongmeng" operating system, and Assa Helai Shanghai Software R&D Center will be the only R&D center in the Group to achieve ecological cooperation with the three major mobile Internet platforms (Huawei Hongmeng, Apple IOS, Google Android system).

Assa Abloy AB Customer cases

Enhancing Taipei National Palace Museum Security with CLIQ access system.

A selection of ANSI and EN standard hardware products is offered to enhance every aspect of the Four Seasons Hotel in Hangzhou Center experience.

From panic bars to master keyed cylinders, playing an important role in ensuring Madrid’s Atletico Stadium offers both safety and a fun experience for all attendees.

Enhancing security measures for Tencent headquarters.