Market Overview:
The global garage door opener systems 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 automated and smart home solutions, rising disposable income, and growing awareness about safety and security. The belt drive opener systems segment is expected to dominate the global garage door opener systems market during the forecast period, owing to its high efficiency and low noise levels. The chain drive opener systems segment is also projected to grow at a high rate during the forecast period, due to its low cost and easy installation process. In terms of application, the home garages segment is expected to account for a major share of the global garage door opener systems market during the forecast period.
Product Definition:
Garage door opener systems are devices used to open and close garage doors. They can be either manual or automatic. Manual systems require the user to physically operate the door, while automatic systems use a motor to do the work for them. Automatic systems are more common, as they are easier and faster to use than manual ones. Garage door opener systems are important because they make it easy for people to open and close their garage doors without having to do any extra work.
Belt Drive Opener Systems:
Belt drive opener systems are the most common and traditional type of garage door opening system. These systems are usually powered by a motor, which is mounted on the main shaft of a gearbox. The gearbox has one or more idler gears, which is(are) driven by an external source of power such as an electric motor or another generator.
Belt drive openers have been around for many years.
Chain Drive Opener Systems:
A chain drive opener is a device used to remove snow and ice from the tracks of a garage door. It consists of an electric motor connected by chains to several sprocket wheels at the bottom of the door. As soon as there is enough weight on the tracks, such as a car or person,the doors will automatically start to move forward due to momentum created by the chains driving system.
Application Insights:
The home garage segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR over the forecast period. The rising number of single-family houses in developed countries including U.S., Germany, France, and Italy has boosted the demand for automatic garage door openers. Moreover, increasing urbanization has led to an increase in residential construction activities across various regions which is further expected to drive product demand over the forecast period.
The underground & collective garages segment is estimated to witness significant growth during the study period owing to rapid industrialization and infrastructure development projects taking place across several developing countries including China, India Japan South Korea etc. Rapidly expanding railway network; new airports being built; numerous highway projects are resulting in an increased need for storage space which will eventually boost product adoption within these types of structures as well.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of prominent players, high spending power and increasing demand for advanced home automation products. The U.S., being one of the most developed nations, has been witnessing an increase in investments in smart devices and home security systems since past few years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income among middle-class population groups, rapid urbanization and growing awareness about latest technologies such as garage door openers across countries such as China and India.
Growth Factors:
- Increasing demand for automated garage door systems from the residential sector
- Rising installation of smart home technologies
- Growing popularity of IoT-enabled garage door opener systems
- Proliferation of DIY (Do It Yourself) garage door opener systems
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Garage Door Opener Systems Market Research Report
By Type
Belt Drive Opener Systems, Chain Drive Opener Systems, Screw Drive Opener Systems, Others
By Application
Home Garages, Underground & Collective Garages
By Companies
Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, Hormann, 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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Garage Door Opener Systems Market Report Segments:
The global Garage Door Opener Systems market is segmented on the basis of:
Types
Belt Drive Opener Systems, Chain Drive Opener Systems, Screw Drive Opener Systems, 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
- Hormann
- 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 Systems 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 Opener Systems
- Chain Drive Opener Systems
- Screw Drive Opener Systems
- 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 Systems 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 opener systems are a type of home security system that use an electric motor to open and close garage doors.
Some of the major companies in the garage door opener systems market are Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, Hormann, 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 systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Garage Door Opener Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Garage Door Opener Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Garage Door Opener Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Garage Door Opener Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Garage Door Opener Systems Market Size & Forecast, 2018-2028
4.5.1 Garage Door Opener Systems Market Size and Y-o-Y Growth
4.5.2 Garage Door Opener Systems Market Absolute $ Opportunity
Chapter 5 Global Garage Door Opener Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Garage Door Opener Systems Market Size Forecast by Type
5.2.1 Belt Drive Opener Systems
5.2.2 Chain Drive Opener Systems
5.2.3 Screw Drive Opener Systems
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Garage Door Opener Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Garage Door Opener Systems Market Size Forecast by Applications
6.2.1 Home Garages
6.2.2 Underground & Collective Garages
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Garage Door Opener Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Garage Door Opener Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Garage Door Opener Systems Analysis and Forecast
9.1 Introduction
9.2 North America Garage Door Opener Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Garage Door Opener Systems Market Size Forecast by Type
9.6.1 Belt Drive Opener Systems
9.6.2 Chain Drive Opener Systems
9.6.3 Screw Drive Opener Systems
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Garage Door Opener Systems Market Size Forecast by Applications
9.10.1 Home Garages
9.10.2 Underground & Collective Garages
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Garage Door Opener Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Garage Door Opener Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Garage Door Opener Systems Market Size Forecast by Type
10.6.1 Belt Drive Opener Systems
10.6.2 Chain Drive Opener Systems
10.6.3 Screw Drive Opener Systems
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Garage Door Opener Systems Market Size Forecast by Applications
10.10.1 Home Garages
10.10.2 Underground & Collective Garages
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Garage Door Opener Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Garage Door Opener Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Garage Door Opener Systems Market Size Forecast by Type
11.6.1 Belt Drive Opener Systems
11.6.2 Chain Drive Opener Systems
11.6.3 Screw Drive Opener Systems
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Garage Door Opener Systems Market Size Forecast by Applications
11.10.1 Home Garages
11.10.2 Underground & Collective Garages
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Garage Door Opener Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Garage Door Opener Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Garage Door Opener Systems Market Size Forecast by Type
12.6.1 Belt Drive Opener Systems
12.6.2 Chain Drive Opener Systems
12.6.3 Screw Drive Opener Systems
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Garage Door Opener Systems Market Size Forecast by Applications
12.10.1 Home Garages
12.10.2 Underground & Collective Garages
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Garage Door Opener Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Garage Door Opener Systems Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Garage Door Opener Systems Market Size Forecast by Type
13.6.1 Belt Drive Opener Systems
13.6.2 Chain Drive Opener Systems
13.6.3 Screw Drive Opener Systems
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Garage Door Opener Systems Market Size Forecast by Applications
13.10.1 Home Garages
13.10.2 Underground & Collective Garages
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Garage Door Opener Systems Market: Competitive Dashboard
14.2 Global Garage Door Opener Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chamberlain Group
14.3.2 Overhead Door
14.3.3 SOMMER Group
14.3.4 LiftLogix
14.3.5 Teckentrup
14.3.6 Marantec
14.3.7 Skylink
14.3.8 Hormann
14.3.9 CAME
14.3.10 Dalian Seaside
14.3.11 Superlift
14.3.12 Raynon
14.3.13 Foresee
14.3.14 GTO Access Systems
14.3.15 ADH Guardian
14.3.16 Goalway Technology
14.3.17 Culmination Family Profession
14.3.18 DECKO
14.3.19 Baisheng Gate
14.3.20 Dalian Master Door
