Magnetic Fire Door Holder Market Revenue was valued at USD 120 Million in 2024 and is estimated to reach USD 200 Million by 2033, growing at a CAGR of 6.3% from 2026 to 2033.
The global Magnetic Fire Door Holder market was valued at approximately USD 1.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. This market growth is primarily driven by the increasing awareness of fire safety regulations and the growing demand for fire protection systems in commercial, residential, and industrial buildings. The rise in construction activities, especially in emerging economies, is also contributing to the market expansion. The magnetic fire door holders are becoming increasingly popular due to their efficiency in preventing fire spread while allowing doors to remain open when not in use, ensuring proper ventilation. Furthermore, technological advancements in magnetic systems and their integration with fire alarms are anticipated to fuel market demand. The market size in North America reached around USD 400 million in 2022, followed by Europe at USD 300 million. The Asia Pacific region is expected to experience the fastest growth during the forecast period, with a projected CAGR of 7.5% due to rapid urbanization and increasing building infrastructure in countries like China and India.
In terms of regional distribution, North America dominated the Magnetic Fire Door Holder market in 2022, accounting for nearly 30% of the total market share. This can be attributed to stringent fire safety regulations and a high level of infrastructure development. Europe followed closely behind, holding a share of approximately 25%, while the Asia Pacific region is anticipated to witness significant market expansion over the next few years. The market size in the Asia Pacific is expected to reach around USD 550 million by 2030, driven by substantial investments in construction projects and a growing awareness of fire safety measures. Additionally, the Middle East and Africa (MEA) market, valued at USD 120 million in 2022, is projected to grow steadily, fueled by ongoing urbanization and government initiatives aimed at improving fire safety standards in the region.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=441420&utm_source=Google_Site_May&utm_medium=226
Geofire
Security Door Controls(SDC)
Honeywell
Dorgard
Tesa
Demco
Fixfire
FlameStop
Rixson
RSG Security
‎Edwards Signaling
Allegion
ROCA Industry
Cranford Controls
EBELCO
Pertronic
Elfri
Vimpex
LCN
Hochiki
Sargent
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=441420&utm_source=Google_Site_May&utm_medium=226
Growing demand for below applications around the world has had a direct impact on the growth of the Global Magnetic Fire Door Holder Market
Electromagnetic Fire Door Holders
Mechanical Fire Door Holders
Other Types of Fire Door Holders
Residential Buildings
Commercial Spaces
Industrial Facilities
Healthcare Settings
Educational Institutions
Metal Fire Door Holders
Plastic Fire Door Holders
Composite Fire Door Holders
Wall-Mounted Fire Door Holders
Floor-Mounted Fire Door Holders
Ceiling-Mounted Fire Door Holders
Public Sector
Private Sector
Non-profit Organizations
Government Facilities
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/magnetic-fire-door-holder-market/
1. Introduction of the Global Magnetic Fire Door Holder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Magnetic Fire Door Holder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Magnetic Fire Door Holder Market, By Type
6. Global Magnetic Fire Door Holder Market, By Application
7. Global Magnetic Fire Door Holder Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Magnetic Fire Door Holder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/