Commercial Overhead Doors Market Report 2024-2033: Demand, Trends & Competitive Landscape

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Commercial Overhead Doors Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $4.36 Bn In 2028 At A CAGR Of 9.7% :

The commercial overhead doors market size has grown strongly in recent years. It will grow from $2.76 billion in 2023 to $3.01 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to industrialization, urbanization, construction industry trends, demographic shifts, disaster recovery, and resilience.

The commercial overhead doors market size is expected to see strong growth in the next few years. It will grow to $4.36 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to sustainability initiatives, e-commerce expansion, regulatory changes, infrastructure investments, and industry-specific. Major trends in the forecast period include energy-efficient solutions, a focus on safety and security, customization and personalization, regulatory compliance and standards, and resilience against extreme weather events.

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Commercial Overhead Doors Market Major Segments
The commercial overhead doors market covered in this report is segmented -

1) By Type: Sectional Doors, Rolling Doors, High Speed Doors, Other Types
2) By Distribution Channel: Direct, Indirect
3) By Application: Garage, Warehouse, Other Applications

Key Driver - Commercial Construction Boom Fuels Growth In The Commercial Overhead Door Market

The growing demand for commercial construction is expected to propel the growth of the commercial overhead doors market going forward. Commercial construction is the process of designing, renovating, and constructing spaces for commercial, industrial, or business purposes. The demand for commercial construction is influenced by several factors, such as e-commerce expansion, infrastructure investments, and real estate investment. Commercial overhead doors allow for the efficient transportation of goods, materials, and equipment into and out of industrial and commercial facilities. These doors also prevent unauthorized entry, theft, and vandalism, protecting the safety of precious assets, inventories, and equipment held in commercial and industrial facilities. For instance, in November 2023, according to the Office for National Statistics, a UK-based government department, private commercial construction experienced a notable increase of $1850 million (£1,723 million) in 2022, representing a growth rate of 7.3% compared to the previous period. Therefore, the growing demand for commercial construction is driving the growth of the overhead doors market.

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Prominent Trend - LED Lighting In Advanced Garage Door Openers Redefining The Commercial Overhead Door Market Standards

Major companies operating in the commercial overhead doors market are developing advanced products with the integration of innovative technologies, such as LED lighting, to gain a competitive edge in the market. Integrated LED lighting contributes to safety and security by illuminating the garage area, deterring potential intruders, and creating a more welcoming environment. For instance, in March 2023, Overhead Door Corporation, a US-based manufacturer of residential and commercial door solutions, launched the Models 2129L and 2129BL, the new Legacy 850 Garage Door Opener models with integrated LED lighting. These doors are designed to offer homeowners energy-efficient, aesthetically pleasing light and a maintenance-free operating experience. Models 2129L/BL also offer advanced home security and technology, including patented auto-seek dual frequency technology, self-diagnostic Safe-T-Beam System, CodeDodger Access Security System, and HomeLink and Car2U integration for added convenience.

Commercial Overhead Doors Market Players
Major companies operating in the commercial overhead doors market are Assa Abloy AB, Janus International Group LLC, Wayne Dalton Corporation, Clopay Building Products Company Inc., Raynor Worldwide Inc., Amarr Garage Doors (Entrematic Group AB), Hormann Group, CornellCookson, C.H.I. Overhead Doors, Haas Door Company, Martin Door Manufacturing Ltd., Jamison Door Company, North Central Door Company, Richards-Wilcox Canada, Rite-Hite Holding Corporation, Midland Garage Door Manufacturing Company, Pioneer Door Inc., Rytec Corporation, PerforMax Global LLC, Michigan Commercial Door Group LLC, American Garage Door Supply Inc., Best Rolling Manufacturer Inc., Overhead Door Corporation

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Largest And Fastest Growing Region In The Market
North America was the largest region in the commercial overhead doors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial overhead doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Commercial Overhead Doors Market Report Structure
3. Commercial Overhead Doors Market Trends And Strategies
4. Commercial Overhead Doors Market - Macro Economic Scenario
5. Commercial Overhead Doors Market Size And Growth
…..
27. Commercial Overhead Doors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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