Market Overview:
The global garage door opener market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automated and smart home solutions, rising disposable income, and growing awareness about safety and security. The belt drive openers segment is expected to dominate the global garage door opener market during the forecast period owing to its high efficiency, low noise levels, and durability. The chain drive openers segment is projected to grow at a higher CAGR than other types of openers due to its low cost and easy installation. In terms of application, the home garages segment is estimated to account for a majority share of the global garage door opener market in 2018. This can be attributedto th egrowing trend of automation among homeowners coupled with th e rising disposable income in developing countries such as Chinaand India .
Product Definition:
A garage door opener is a motorized device that opens and closes a garage door. Most openers have a keypad on the outside, allowing people to open the door without having to fumble with a key. Some openers also come with an automatic close feature, which closes the door after a certain amount of time if it's left open.
Belt Drive Openers:
Belt drive openers are the most common type of opener and have been used by almost every family in the world at some point. The belt-driven design has been around for decades, with a few minor variations to keep things interesting. Belt-drive openers are still considered one of the best options for residential users who want to add an automatic garage door Opener system to their existing manual opening systems without having to invest too much money into it.
Chain Drive Openers:
A chain drive opener is a device used to raise and lower the garage door with the help of a chain connected to an sprocket on the side of the door. The device uses a heavy-duty cast iron or steel link as well as an internal gear system to efficiently lift and lower the garage door.
Application Insights:
The home garage segment accounted for the largest revenue share of over 60.0% in 2017 and is projected to continue its dominance over the forecast period. The increasing number of working individuals has led to an increase in the requirement of convenient, safe and easy-to-operate garages at homes across various regions globally. Furthermore, rising awareness regarding safety among consumers is expected to drive demand for automatic garage door openers that are equipped with sensors that detect if a vehicle is parked inside a home's garage and automatically opens or closes the door accordingly.
The underground & collectivegarage segment accounted for significant market share as well as estimated revenue in 2017 owing to growing urbanization projects such as Car Park Building Construction (CPBC) around the globe which have resulted in increased need for large parking spaces with more doors leading into them from above ground level.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing home construction activities, growing awareness about safety and security issues, and rising government initiatives for infrastructure development. Moreover, high spending power of consumers in developed economies like U.S.
Asia Pacific regional market captured a significant share in 2017 owing to increasing number of residential constructions projects across emerging countries including China.
Growth Factors:
- Increasing demand for automated garage door openers owing to the growing trend of smart homes.
- Rising installation of garage doors in both residential and commercial sectors across the globe.
- Growing awareness about safety and security benefits offered by garage door openers.
- Technological advancements in opener systems, making them more efficient and user-friendly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Garage Door Opener Market Research Report
By Type
Belt Drive Openers, Chain Drive Openers, Screw Drive Openers, Others
By Application
Home Garages, Underground & Collective Garages
By Companies
Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, Hörmann, CAME, Dalian Seaside, Superlift, Raynon, Foresee, GTO Access Systems, ADH Guardian, Goalway Technology, Culmination Family Profession, DECKO, Baisheng Gate, Dalian Master Door
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Garage Door Opener Market Report Segments:
The global Garage Door Opener market is segmented on the basis of:
Types
Belt Drive Openers, Chain Drive Openers, Screw Drive Openers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Garages, Underground & Collective Garages
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chamberlain Group
- Overhead Door
- SOMMER Group
- LiftLogix
- Teckentrup
- Marantec
- Skylink
- Hörmann
- CAME
- Dalian Seaside
- Superlift
- Raynon
- Foresee
- GTO Access Systems
- ADH Guardian
- Goalway Technology
- Culmination Family Profession
- DECKO
- Baisheng Gate
- Dalian Master Door
Highlights of The Garage Door Opener Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Belt Drive Openers
- Chain Drive Openers
- Screw Drive Openers
- Others
- By Application:
- Home Garages
- Underground & Collective Garages
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Garage Door Opener Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A garage door opener is a machine that opens and closes the garage door.
Some of the major companies in the garage door opener market are Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, HƒÂ¶rmann, CAME, Dalian Seaside, Superlift, Raynon, Foresee, GTO Access Systems, ADH Guardian, Goalway Technology, Culmination Family Profession, DECKO, Baisheng Gate, Dalian Master Door.
The garage door opener market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Garage Door Opener Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Garage Door Opener Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Garage Door Opener Market - Supply Chain
4.5. Global Garage Door Opener Market Forecast
4.5.1. Garage Door Opener Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Garage Door Opener Market Size (000 Units) and Y-o-Y Growth
4.5.3. Garage Door Opener Market Absolute $ Opportunity
5. Global Garage Door Opener Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Garage Door Opener Market Size and Volume Forecast by Type
5.3.1. Belt Drive Openers
5.3.2. Chain Drive Openers
5.3.3. Screw Drive Openers
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Garage Door Opener Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Garage Door Opener Market Size and Volume Forecast by Application
6.3.1. Home Garages
6.3.2. Underground & Collective Garages
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Garage Door Opener Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Garage Door Opener Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Garage Door Opener Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Garage Door Opener Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Garage Door Opener Demand Share Forecast, 2019-2026
9. North America Garage Door Opener Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Garage Door Opener Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Garage Door Opener Market Size and Volume Forecast by Application
9.4.1. Home Garages
9.4.2. Underground & Collective Garages
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Garage Door Opener Market Size and Volume Forecast by Type
9.7.1. Belt Drive Openers
9.7.2. Chain Drive Openers
9.7.3. Screw Drive Openers
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Garage Door Opener Demand Share Forecast, 2019-2026
10. Latin America Garage Door Opener Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Garage Door Opener Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Garage Door Opener Market Size and Volume Forecast by Application
10.4.1. Home Garages
10.4.2. Underground & Collective Garages
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Garage Door Opener Market Size and Volume Forecast by Type
10.7.1. Belt Drive Openers
10.7.2. Chain Drive Openers
10.7.3. Screw Drive Openers
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Garage Door Opener Demand Share Forecast, 2019-2026
11. Europe Garage Door Opener Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Garage Door Opener Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Garage Door Opener Market Size and Volume Forecast by Application
11.4.1. Home Garages
11.4.2. Underground & Collective Garages
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Garage Door Opener Market Size and Volume Forecast by Type
11.7.1. Belt Drive Openers
11.7.2. Chain Drive Openers
11.7.3. Screw Drive Openers
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Garage Door Opener Demand Share, 2019-2026
12. Asia Pacific Garage Door Opener Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Garage Door Opener Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Garage Door Opener Market Size and Volume Forecast by Application
12.4.1. Home Garages
12.4.2. Underground & Collective Garages
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Garage Door Opener Market Size and Volume Forecast by Type
12.7.1. Belt Drive Openers
12.7.2. Chain Drive Openers
12.7.3. Screw Drive Openers
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Garage Door Opener Demand Share, 2019-2026
13. Middle East & Africa Garage Door Opener Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Garage Door Opener Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Garage Door Opener Market Size and Volume Forecast by Application
13.4.1. Home Garages
13.4.2. Underground & Collective Garages
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Garage Door Opener Market Size and Volume Forecast by Type
13.7.1. Belt Drive Openers
13.7.2. Chain Drive Openers
13.7.3. Screw Drive Openers
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Garage Door Opener Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Garage Door Opener Market: Market Share Analysis
14.2. Garage Door Opener Distributors and Customers
14.3. Garage Door Opener Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chamberlain Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Overhead Door
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SOMMER Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LiftLogix
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Teckentrup
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Marantec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Skylink
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hörmann
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CAME
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dalian Seaside
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Superlift
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Raynon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Foresee
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. GTO Access Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ADH Guardian
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Goalway Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Culmination Family Profession
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. DECKO
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Baisheng Gate
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Dalian Master Door
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
