Press release
Global Garage Door Market, valued at USD 19.872 Bn in 2022, is projected to reach USD 28.19 Bn by 2029
Garage Door Market Report Scope and Research MethodologyGarage doors, known for their large size and heavy construction, play a crucial role in providing security, soundproofing, and energy efficiency to residential and commercial spaces. The market is witnessing significant growth due to the increasing demand for various types of garage doors, including sectional doors, roller doors, overhead doors, security doors, and side-hinged garage doors. These doors offer sleek designs, contemporary materials, technological integration, energy efficiency, and customization options, making them a preferred choice for modern homes and businesses. The adoption of modern garage doors with smart features, such as smartphone operation, remote control, and integrated security systems, is driving the market growth.
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What are Garage Door Market Dynamics:
The report provides a comprehensive analysis of the global garage door market, segmented by category, door type, material type, application, and distribution channel. The automatic garage door segment holds the largest market share, driven by the convenience, time-saving features, and enhanced security offered by automated systems. Roller garage doors dominate the market in terms of door type, providing affordability and ease of use.
However, the high installation costs and lack of awareness about garage doors may restrain the market growth. The installation costs, which include labor and materials, vary depending on the size, type, and style of the garage door. Additionally, the market is witnessing a trend of renovation and remodeling of old buildings, which creates opportunities for garage door replacements and upgrades. The growth of the construction industry, especially in developing economies, also contributes to the market expansion.
Garage Door Market Regional Insights:
Geographically, North America leads the market in terms of revenue, attributed to the increasing demand for smart connected devices, rapid urbanization, and home improvement projects. Europe is also witnessing significant growth, driven by energy conservation initiatives, government policies, and technological advancements.
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What is Garage Door Market Segmentation:
By Category:
Automatic Garage Doors
2. Manual Garage Doors
By Door Type:
Overhead Garage Doors
2. Security Garage Doors
3. Sectional Overhead Garage Doors
4. Fire-rated Garage Door
5. Roll up Garage Door
By Door opener type:
Belt drive opener
2. Screw drive opener
3. Chain drive opener
4. Others
By Material Type:
Steel
2. Aluminium
3. Faux Wood
4. Fiberglass
5. Vinyl
6. Composite
7. Others
By Smart Garage Door Controller:
Wi-Fi based
2. Bluetooth based
By Application:
Residential
2. Commercial
2.1. Warehouses and distribution Centres
2.2. Hospitals and clinic
2.3. Office and commercial complex
2.4. Auto-dealers and services
2.5. other
By Distribution Channel:
Direct Retailer
2. Indirect Retailer
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Who are Garage Door Market Key Players:
Overhead Door Corporation
2. Clopay Building Products Company
3. Amarr Garage Doors
4. PerforMax Global
5. C.H.I. Overhead Doors
6. Dynaco
7. Delden Garage Doors
8. Northwest Door
9. Garador
10. Hormann
11. Novoferm
12. Teckentrup
13. Raynor
14. Wayne Dalton
15. Midland Garage Door
16. Clopay Corporation (U.S.)
17. Ritehits
18. 1st United Door Technologies
19. Alulux
20. Garex
21. Garaga
22. Martin Door
Table of content for the Garage Door Market includes:
Global Garage Door: Research Methodology
Global Garage Door Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Garage Door Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Garage Door Market Segmentation
Global Market, by Category (2022-2029)
Global Market, by Door Type (2022-2029)
Global Market, by Door opener type (2022-2029)
Global Market, by Material Type (2022-2029)
Global Market, by Smart Garage Door Controller (2022-2029)
Global Market, by Application (2022-2029)
Global Market, by Distribution Channel (2022-2029)
Regional Garage Door Market (2022-2029)
Regional Market, by Category (2022-2029)
Regional Market, by Door Type (2022-2029)
Regional Market, by Door opener type (2022-2029)
Regional Market, by Material Type (2022-2029)
Regional Market, by Smart Garage Door Controller (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by Distribution Channel (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Category, Door Type, Door opener type, Material Type, Smart Garage Door Controller, Application and Distribution Channel
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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