Press release
Garage Door market to reach USD 28.19 Bn by 2029, emerging at a CAGR of 5.12 percent and forecast 2023-2029
Garage Door market
The Global Garage Door Market, with a valuation of USD 19.872 billion in 2022, is projected to reach USD 28.19 billion by 2029, at an impressive CAGR of 5.12%.
This market research report, prepared by Maximize Market Research Pvt Ltd, offers a comprehensive analysis of the global garage door market, including market dynamics, trends, and segment analysis. It explores the drivers and restraints influencing market growth and provides valuable regional insights.
Our research methodology combines primary and secondary data sources, leveraging expert analysis to provide a comprehensive and accurate overview of the garage door market.
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Garage Door market Dynamics:
Adoption of Modern Garage Doors: Modern garage doors, known for their sleek design, energy efficiency, and smart features, are operated via smartphones. Materials like aluminum, glass, steel, fiberglass, and wood enhance durability and aesthetics. Integrated security systems and remote control operation add convenience, propelling market growth.
Property and Home Security: Growing concerns about property and home security drive investments in technologically advanced garage doors equipped with features like smart locks, video surveillance, and remote monitoring, expanding market potential.
High Installation Costs and Lack of Awareness: High installation costs and limited awareness about garage door options, repair, and replacement expenses may restrain market growth. However, increased construction activities and installation services present lucrative opportunities.
Garage Door market Regional Insights:
North America: North America leads the market, with increasing demand for smart connected devices and rapid urbanization. Home improvement projects, advanced technology, and growing awareness about garage door benefits drive market growth.
Europe: In Europe, the market is expected to grow significantly, influenced by energy conservation trends and government initiatives. The UK, in particular, dominates the European market due to high adoption in renovation and construction activities.
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Garage Door market Segmentation:
by Category
1. Automatic Garage Doors
2. Manual Garage Doors
by Door Type
1. 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
1. Belt drive opener
2. Screw drive opener
3. Chain drive opener
4. Others
by Material Type
1. Steel
2. Aluminium
3. Faux Wood
4. Fiberglass
5. Vinyl
6. Composite
7. Others
by Smart Garage Door Controller
1. Wi-Fi based
2. Bluetooth based
by Application
1. 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
1. Direct Retailer
2. Indirect Retailer
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Garage Door market Key Players:
1. 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
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Table of content for the Garage Door market includes:
1. Global Garage Door market: Research Methodology
2. 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
3.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
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• 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
• Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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