Market Overview:
The global smart garage door opener systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart home appliances and the rising trend of automation across different industries. In addition, the growing awareness about safety and security is also propelling the demand for smart garage door opener systems globally. Based on type, the global market has been segmented into original black licorice and fruit flavored licorice. Original black licorice held a major share of the global market in 2017 and is expected to maintain its dominance during the forecast period as well. However, fruit flavored licorice is anticipated to grow at a higher CAGR owing to its increasing popularity among consumers worldwide.
Product Definition:
A Smart Garage Door Opener System is a garage door opener system that has some level of intelligence or automation. This can include features such as the ability to open or close the garage door based on a pre-determined schedule, the ability to be operated remotely using a smartphone or other mobile device, or even the ability to detect when someone is nearby and automatically open the door. The importance of Smart Garage Door Opener Systems lies in their potential to improve convenience and security for homeowners. For example, by being able to operate the garage door remotely, homeowners can avoid having to fumble for their house keys in order to get into their home. Additionally, many Smart Garage Door Openers also include motion sensors which can detect when someone is near and then automatically open the garage door without any need for input from the homeowner. This added layer of security can be helpful in preventing burglars from targeting your home specifically because they know you have valuables stored in your garage.
Original Black Licorice:
The Original Black Licorice is a natural extract from the black licorice plant, Glycyrrhizae glabrae. It has been used as an additive in various food products including confectionery and beverages for its sweet flavor and aroma. The global market for the Original Black Licorice (OBL) is expected to witness significant growth over the forecast period owing to its increasing demand in pharmaceuticals, functional foods & beverages, cosmetics & toiletries industries.
Fruit Flavored Licorice:
Fruit flavored licorice is a natural sweetener that helps in reducing the sugar level in the body. It also helps to increase insulin sensitivity, which further reduces the amount of sugar stored as fat. The product has several other benefits such as it increases metabolism and decreases slow thyroid function, improves heart health by decreasing blood pressure levels and lowering cholesterol levels.
Application Insights:
The supermarket application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing trend of online shopping has led to an increase in demand for automatic door openers that can accommodate large packages and heavy loads with ease. Furthermore, these systems help reduce human efforts by automating the opening and closing of garage doors, thereby increasing efficiency across supermarkets globally.
The convenient store application segment is expected to witness considerable growth over the forecast period owing to rising consumer preference for small stores as compared with big-box retail stores or hypermarkets/supermarkets. Convenience stores are increasingly adopting smart solutions such as mobile payment options, digital signage, inventory management systems among others which are further anticipated to drive demand from this sector over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This growth can be attributed to increasing smart home and IoT integration, high level of consumer awareness, and presence of prominent players in the region. Moreover, rising demand for convenient shopping options is also expected to drive regional market growth during the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing adoption of advanced technologies across various industry verticals including retail, automotive & transportation, healthcare & medical among others. Increasing number of internet users in this region has also boosted product sales through online portals which subsequently drives regional market growth during same period (2018 - 2030). Additionally global players are investing heavily in this sector due to high potential for revenue generation from these devices especially within China and Japan markets thus making Asia Pacific a key destination for industry participants looking forward strategic investments opportunities (2018).
Growth Factors:
- Increasing demand for smart home automation products
- Rising awareness about the benefits of smart garage door opener systems
- Growing number of residential and commercial construction projects
- Proliferation of internet-of-things (IoT) technology
- Declining prices of smart garage door opener systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Garage Door Opener Systems Market Research Report
By Type
Original Black Licorice, Fruit Flavored Licorice
By Application
Supermarket, Online Sales, Convenient Store
By Companies
Twizzzlers, Red Vines, Wiley Wallaby, Venco, Good & Plenty, Halva, Klene, RJ’S, Kraepelien & Holm, Kenny’s Candy, Switzer’s Authentic Candy, Mrs. Call’s Candy, Gimbals Fine Candies, Kookaburra Liquorice
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Smart Garage Door Opener Systems Market Report Segments:
The global Smart Garage Door Opener Systems market is segmented on the basis of:
Types
Original Black Licorice, Fruit Flavored Licorice
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
Supermarket, Online Sales, Convenient Store
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:
- Twizzzlers
- Red Vines
- Wiley Wallaby
- Venco
- Good & Plenty
- Halva
- Klene
- RJ’S
- Kraepelien & Holm
- Kenny’s Candy
- Switzer’s Authentic Candy
- Mrs. Call’s Candy
- Gimbals Fine Candies
- Kookaburra Liquorice
Highlights of The Smart 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:
- Original Black Licorice
- Fruit Flavored Licorice
- By Application:
- Supermarket
- Online Sales
- Convenient Store
- 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 Smart 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
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- Consumer Insights
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- Product & Brand Management
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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 smart garage door opener system is a type of home automation system that allows users to open and close their garage doors using an app on their smartphone. These systems typically include sensors that detect when someone is inside the garage and send a signal to the opener, which then opens the door. Some systems also include cameras that can be used to see who is inside the garage and automatically close the door if no one is present.
Some of the major companies in the smart garage door opener systems market are Twizzzlers, Red Vines, Wiley Wallaby, Venco, Good & Plenty, Halva, Klene, RJ’S, Kraepelien & Holm, Kenny’s Candy, Switzer’s Authentic Candy, Mrs. Call’s Candy, Gimbals Fine Candies, Kookaburra Liquorice.
The smart garage door opener systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart 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 Smart Garage Door Opener Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Smart 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 Smart 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 Smart Garage Door Opener Systems Market Size & Forecast, 2020-2028 4.5.1 Smart Garage Door Opener Systems Market Size and Y-o-Y Growth 4.5.2 Smart Garage Door Opener Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Original Black Licorice
5.2.2 Fruit Flavored Licorice
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Online Sales
6.2.3 Convenient Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart 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 Smart 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Original Black Licorice
9.6.2 Fruit Flavored Licorice
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 Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Online Sales
9.10.3 Convenient Store
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Original Black Licorice
10.6.2 Fruit Flavored Licorice
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 Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Online Sales
10.10.3 Convenient Store
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Original Black Licorice
11.6.2 Fruit Flavored Licorice
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 Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Online Sales
11.10.3 Convenient Store
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Original Black Licorice
12.6.2 Fruit Flavored Licorice
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 Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Online Sales
12.10.3 Convenient Store
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Original Black Licorice
13.6.2 Fruit Flavored Licorice
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) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Online Sales
13.10.3 Convenient Store
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 Smart Garage Door Opener Systems Market: Competitive Dashboard
14.2 Global Smart Garage Door Opener Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Twizzzlers
14.3.2 Red Vines
14.3.3 Wiley Wallaby
14.3.4 Venco
14.3.5 Good & Plenty
14.3.6 Halva
14.3.7 Klene
14.3.8 RJ’S
14.3.9 Kraepelien & Holm
14.3.10 Kenny’s Candy
14.3.11 Switzer’s Authentic Candy
14.3.12 Mrs. Call’s Candy
14.3.13 Gimbals Fine Candies
14.3.14 Kookaburra Liquorice