Market Overview:
The global garage door replacement parts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for garage door replacement parts from residential and commercial applications, globally. In addition, the growing awareness about safety and security is also propelling the demand for garage door replacement parts, globally. The metal parts segment is expected to dominate the global garage door replacement parts market during the forecast period from 2018 to 2030. This segment accounted for a majority share of the global market in 2017 and is projected to maintain its dominance during the forecast period. The growth in this segment can be attributed to factors such as durability and low maintenance requirements of metal-based components compared with other materials used in manufacturing these components. In terms of application, commercial applications are expected to account for a larger share of the global Garage Door Replacement Parts Market than residential applications duringthe forecast period from2018to2030 owingto higher installation rates across various industries such as retail stores, warehouses etc.
Product Definition:
Garage door replacement parts are the essential pieces that keep a garage door functioning. Without these parts, a garage door would not be able to open or close. Replacement parts can include anything from rollers and hinges to springs and cables. It is important to have these replacement parts on hand in case of an emergency, as they can help get your garage door up and running again quickly.
Metal Parts:
Metal parts are used in garage door replacement parts market owing to their properties such as durability, strength, corrosion resistance and lightweight. These metal components are widely used in the manufacturing of various types of doors including sliding doors, vertical-lift garage doors and horizontal-lift garage doors. The growth factor for this industry is increasing demand from developing countries like India & China where infrastructure is growing at a rapid pace.
Electromechanical Parts:
Electromechanical parts are used in the manufacturing of garage door replacement parts. They are majorly used for opening and closing of the garage doors. The electromechanical system is made up of sensors, motors, controllers, and other electronic components that work together to perform a specific task.
Application Insights:
The residential application segment accounted for the largest revenue share of over 70% in 2017. The rising number of single-family houses in countries, such as China and India, is expected to drive the demand for garage door replacement parts over the forecast period. In addition, a rise in urbanization has led to an increase in the number of multi-story buildings with attached garages across various regions worldwide. This has resulted in higher demand for these types of doors within residential applications.
The commercial application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in new construction projects and renovation activities at old buildings or structures with historical significance around the world including Europe, North America and Asia Pacific regions respectively which include China and India among others globally speaking).
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 demand for smart homes and high purchasing power of consumers.
Asia Pacific is expected to grow at an exponential rate during the forecast period due to rapid urbanization and growing population especially in China, India, Japan, South Korea and Taiwan. This has led to increased demand for new constructions which will further propel growth over the next eight years at a CAGR exceeding 6%.
The Middle East & Africa market was worth USD X billion in 2017.
Growth Factors:
- Increasing demand for automated garage door systems
- Rising awareness about the benefits of using garage door replacement parts
- Growing popularity of home improvement and renovation projects
- Proliferation of online retail platforms that sell garage door replacement parts
- Increased spending on residential construction projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Garage Door Replacement Parts Market Research Report
By Type
Metal Parts, Electromechanical Parts
By Application
Residential, Commercial
By Companies
Chamberlain Group, Overhead Door, Novoferm, Amarr, SOMMER, LiftLogix, Prime-Line, Koala Canada, Dalian Seaside, Skylink, FORESEE, Teckentrup, Marantec, Dalian Master Door, Industrial Spring, Came S.p.A., Steel-Craft, Garaga, SWR Group, ADH Guardian
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Garage Door Replacement Parts Market Report Segments:
The global Garage Door Replacement Parts market is segmented on the basis of:
Types
Metal Parts, Electromechanical Parts
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
Residential, Commercial
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
- Novoferm
- Amarr
- SOMMER
- LiftLogix
- Prime-Line
- Koala Canada
- Dalian Seaside
- Skylink
- FORESEE
- Teckentrup
- Marantec
- Dalian Master Door
- Industrial Spring
- Came S.p.A.
- Steel-Craft
- Garaga
- SWR Group
- ADH Guardian
Highlights of The Garage Door Replacement Parts 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:
- Metal Parts
- Electromechanical Parts
- By Application:
- Residential
- Commercial
- 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 Replacement Parts 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Garage door replacement parts are the various components that make up a garage door. These parts can include the motor, cables, springs, and other mechanisms that allow the garage door to open and close.
Some of the key players operating in the garage door replacement parts market are Chamberlain Group, Overhead Door, Novoferm, Amarr, SOMMER, LiftLogix, Prime-Line, Koala Canada, Dalian Seaside, Skylink, FORESEE, Teckentrup, Marantec, Dalian Master Door, Industrial Spring, Came S.p.A., Steel-Craft, Garaga, SWR Group, ADH Guardian.
The garage door replacement parts 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 Replacement Parts 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 Replacement Parts 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 Replacement Parts Market - Supply Chain
4.5. Global Garage Door Replacement Parts Market Forecast
4.5.1. Garage Door Replacement Parts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Garage Door Replacement Parts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Garage Door Replacement Parts Market Absolute $ Opportunity
5. Global Garage Door Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Type
5.3.1. Metal Parts
5.3.2. Electromechanical Parts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Garage Door Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Garage Door Replacement Parts 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 Replacement Parts 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 Replacement Parts 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 Replacement Parts 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 Replacement Parts Demand Share Forecast, 2019-2026
9. North America Garage Door Replacement Parts 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 Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Garage Door Replacement Parts Market Size and Volume Forecast by Type
9.7.1. Metal Parts
9.7.2. Electromechanical Parts
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 Replacement Parts Demand Share Forecast, 2019-2026
10. Latin America Garage Door Replacement Parts 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 Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Garage Door Replacement Parts Market Size and Volume Forecast by Type
10.7.1. Metal Parts
10.7.2. Electromechanical Parts
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 Replacement Parts Demand Share Forecast, 2019-2026
11. Europe Garage Door Replacement Parts 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 Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Garage Door Replacement Parts Market Size and Volume Forecast by Type
11.7.1. Metal Parts
11.7.2. Electromechanical Parts
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 Replacement Parts Demand Share, 2019-2026
12. Asia Pacific Garage Door Replacement Parts 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 Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Garage Door Replacement Parts Market Size and Volume Forecast by Type
12.7.1. Metal Parts
12.7.2. Electromechanical Parts
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 Replacement Parts Demand Share, 2019-2026
13. Middle East & Africa Garage Door Replacement Parts 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 Replacement Parts 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 Replacement Parts Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
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 Replacement Parts Market Size and Volume Forecast by Type
13.7.1. Metal Parts
13.7.2. Electromechanical Parts
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 Replacement Parts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Garage Door Replacement Parts Market: Market Share Analysis
14.2. Garage Door Replacement Parts Distributors and Customers
14.3. Garage Door Replacement Parts 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. Novoferm
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amarr
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SOMMER
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LiftLogix
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Prime-Line
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Koala Canada
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dalian Seaside
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Skylink
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FORESEE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Teckentrup
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Marantec
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dalian Master Door
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Industrial Spring
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Came S.p.A.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Steel-Craft
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Garaga
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SWR Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. ADH Guardian
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
