Press release
Key Automatic Garage Door Operator Market Trend for 2025-2034: Overhead Door Corporation Launches Innovative Legacy 850 Garage Door Opener
"What Is the Future Outlook for the Automatic Garage Door Operator Market's Size and Growth Rate?The automatic garage door operator market has grown steadily in recent years. It is expected to rise from $2.75 billion in 2024 to $2.93 billion in 2025, recording a CAGR of 6.5%. The growth in previous years was driven by urbanization, an increasing number of vehicles, the growing trend of home automation, rising disposable incomes, and heightened security awareness.
The automatic garage door operator market is projected to grow strongly, reaching $3.58 billion by 2029, with a CAGR of 5.2%. Growth is driven by advancements in IoT and connectivity, the rise of smart home technologies, the construction industry's expansion, aging populations, and accessibility needs, as well as regulatory changes favoring energy efficiency. Major trends include integration with home security systems, AI-powered features, subscription-based services, sustainable solutions, and increased customization and personalization options.
What Is Stimulating Growth in the Automatic Garage Door Operator Market?
The expanding construction industry and residential building projects are anticipated to drive the growth of the automatic garage door operator market in the coming years. The construction industry spans various sectors, with residential buildings specifically focused on the construction of homes, apartments, and other dwellings designed for human habitation. This sector is experiencing growth due to urban development, infrastructure expansion, economic progress, and targeted government initiatives. An automatic garage door operator boosts construction efficiency by providing quick, secure, and remote access to buildings and storage areas, streamlining operations, and enhancing safety. For example, in January 2024, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported a 4.5% increase in housing unit completions in 2023, with a total of 1,452,500 units finished, up from 1,390,500 units in 2022. Hence, the growth in the construction industry and residential building projects is driving the automatic garage door operator market.
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Which Key Market Leaders Are Driving Automatic Garage Door Operator Industry Growth?
Major companies operating in the automatic garage door operator market are Assa Abloy AB, Dormakaba Holding AG, Ryobi Limited, Overhead Door Corporation, Chamberlain Group LLC, Nortek Security & Control LLC, Novoferm GmbH, Hörmann International GmbH, GEZE GmbH, Clopay Corporation, CAME S.p.A., Stanley Access Technologies, FAAC SPA, Garaga Inc., Raynor Garage Doors, SOMMER Antriebs- und Funktechnik GmbH, Skylinkhome, Nabco Ltd., GfA Elektromaten GmbH, Marantec GmbH & Co. KG, Superlift Garage Door Openers Pty. Ltd., Gryphon Garage Doors, Guardian Access & Door Hardware, Dalian Seaside Co. Ltd., Kruzik s.r.o
What Are the Emerging Trends in the Automatic Garage Door Operator Industry?
In the automatic garage door operator market, companies are focusing on products like the Legacy 850 Models 2129L and 2129BL to secure their market position. Overhead Door Corporation, a U.S.-based company, launched these models in March 2023, featuring integrated Wi-Fi and smartphone control for convenience and reliable operation.
What Are the Main Segments in the Automatic Garage Door Operator Market?
The automatic garage door operator market covered in this report is segmented -
1) By Opener Type: Screw Drive, Chain Drive, Belt Drive, Other Opener Types
2) By Sensor Type: Infrared Sensor, Photoelectric Sensor
3) By Controller Type: Wi-Fi, Bluetooth
4) By Installation Type: New Construction, Replacement
5) By End User: Residential, Commercial
Subsegments:
1) By Screw Drive: Direct Drive Screw Operators, Lifting Screw Operators
2) By Chain Drive: Standard Chain Drive Operators, Heavy-Duty Chain Drive Operators
3) By Belt Drive: Standard Belt Drive Operators, Heavy-Duty Belt Drive Operators
4) By Other Opener Types: Jackshaft Operators, Smart Operators
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Which Geographic Area Leads the Automatic Garage Door Operator Market?
North America was the largest region in the automatic garage door operator market in 2024. The regions covered in the automatic garage door operator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automatic Garage Door Operator Global Market Report?
- Market Size Analysis: Analyze the Automatic Garage Door Operator Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automatic Garage Door Operator Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automatic Garage Door Operator Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automatic Garage Door Operator Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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