Sectional Doors Market By Material (Aluminum, Steel, PVC, Fiberglass, Other), By Application (Exterior, Interior), By End User (Residential, Non-Residential): Global Opportunity Analysis and Industry Forecast, 2021-2031
The sectional doors market valued for $5,351.89 million in 2021 and is estimated to reach $8,593.90 million by 2031, exhibiting a CAGR of 4.9% from 2022 to 2031. A sectional door is a type of heavy-duty door typically installed in large entrances in buildings such as parking garages, factories, shops, malls, warehouses, and restaurants, including some applications in homes. Large panels are connected together via hinges to make a sectional door that moves along a guide track situated on either side of the door curving along the roof; directing the door parallel to the ceiling.
Since these doors open parallel to the ceiling, they do not require extra space to swing out, making them an ideal choice for places with a lack of free space such as factories, and docking bays. Moreover, these doors can be designed to go vertically straight up the wall if sufficient headroom is available. In addition, sectional doors are available in a wide range of sizes, and materials in the market, making them usable for a wide range of applications in residential and non-residential sectors. Therefore, sectional doors are commonly found in parking garages, manufacturing facilities, shopping centers, warehouses, and restaurants
The growth in the manufacturing sector has largely been aided by the rising demand for manufactured goods, which is a direct result of the rising purchasing power of people around the world. Moreover, the rapid rise in urbanization and improving economic conditions of the masses is increasing the number of cars on the roads, eventually driving the need for parking garages. Furthermore, other commercial establishments such as warehouses, retail stores, showrooms, and other abovementioned facilities make extensive use of sectional doors. Since the abovementioned establishments make extensive use of sectional doors, their rising number is anticipated to drive demand for sectional doors.
The sectional doors market is segmented on the basis of material, application, end user, and region. By material, the market is categorized into aluminum, steel, PVC, fiberglass, and others. On the basis of application, it is bifurcated into exterior, and interior. And on the basis of end user, the market is categorized into residential, and non-residential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch, and product development to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the sectional doors market report include ASSA ABLOY Group (Amarr), Avians Innovations Technology Pvt. Ltd., B&D Australia Pty Ltd., Hormann Group, Megadoors, Raynor Garage Doors, RJ Garage Doors, Sanwa, Holdings Corporation (Novoferm Group), Shanghai Kenvo Door Co., Ltd, and Steel-Line Garage Doors.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging sectional doors market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2021 and 2031.
Extensive analysis of the sectional doors market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The sectional doors market forecast analysis from 2022 to 2031 is included in the report.
The key market players within sectional doors market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the sectional doors industry.
Key Market Segments
By Material
Steel
PVC
Fiberglass
Other
Aluminum
By Application
Exterior
Interior
By End User
Residential
Non-Residential
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
New Zealand
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Hormann Group
Avians Innovations Technology Pvt. Ltd.
RJ Garage Doors
ASSA ABLOY Group (Amarr)
Shanghai Kenvo Door Co.,Ltd
Steel-Line Garage Doors
Megadoors
Raynor Garage Doors
B&D Australia Pty Ltd.
Sanwa Holdings Corporation (Novoferm Group)
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