Global Garage Door Hardware Supply, Demand and Key Producers, 2023-2029
The global Garage Door Hardware market size is expected to reach $ 1976 million by 2029, rising at a market growth of 3.0% CAGR during the forecast period (2023-2029).
The garage door hardware market is experiencing steady growth due to the increasing demand for garage doors in residential and commercial buildings. The market is expected to witness significant growth in the coming years, driven by factors such as urbanization, rising disposable incomes, and the need for improved security. The North American region dominates the garage door hardware market, accounting for a significant share of the global market. This can be attributed to the high adoption rate of garage doors in residential buildings and the presence of key market players in the region. Europe is also a prominent market for garage door hardware, driven by the growing construction industry and the need for energy-efficient solutions. The Asia Pacific region is expected to witness substantial growth due to rapid urbanization and increasing disposable incomes in countries like China and India. The garage door hardware market is highly fragmented, with the presence of numerous small and medium-sized players. However, a few key players hold a significant market share due to their strong distribution networks, brand reputation, and product portfolio. These players focus on product innovation, strategic partnerships, and mergers and acquisitions to maintain their market position. The growing trend of smart homes presents a significant opportunity for the garage door hardware market. Integration of garage door openers with smart home systems allows users to control and monitor their garage doors remotely. Additionally, the increasing focus on energy efficiency and sustainability is driving the demand for eco-friendly garage door hardware, such as insulated doors and energy-efficient openers. One of the major challenges faced by the garage door hardware market is the high cost of installation and maintenance. This can deter price-sensitive consumers from investing in garage doors. Additionally, the market faces competition from alternative solutions such as carports and parking lots, which offer cost-effective parking options. Overall, the garage door hardware market is expected to witness steady growth in the coming years, driven by factors such as urbanization, rising disposable incomes, and the need for improved security. However, market players need to focus on product innovation, cost-effective solutions, and strategic partnerships to capitalize on the market opportunities and overcome the challenges.
This report studies the global Garage Door Hardware production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Garage Door Hardware, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Garage Door Hardware that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Garage Door Hardware total production and demand, 2018-2029, (K Units)
Global Garage Door Hardware total production value, 2018-2029, (USD Million)
Global Garage Door Hardware production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Garage Door Hardware consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Garage Door Hardware domestic production, consumption, key domestic manufacturers and share
Global Garage Door Hardware production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Garage Door Hardware production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Garage Door Hardware production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).
This reports profiles key players in the global Garage Door Hardware market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Chamberlain Group LLC, Overhead Door Corporation, Novoferm, Amarr, Andersen, Richelieu Inc, Richards-Wilcox, DURA-LIFT and Prime-Line, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Garage Door Hardware market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Garage Door Hardware Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Garage Door Hardware Market, Segmentation by Type
Aluminum/Metal Door Hardware
PVC Door Hardware
Wood Door Hardware
Glass Door Hardware
Global Garage Door Hardware Market, Segmentation by Application
Residential
Commercial
Companies Profiled:
Chamberlain Group LLC
Overhead Door Corporation
Novoferm
Amarr
Andersen
Richelieu Inc
Richards-Wilcox
DURA-LIFT
Prime-Line
Teckentrup
Genie
National Hardware
Ideal Security
Acorn
American Garage Door Supply Inc
Lynn Cove Foundry & Forge
Timberlane
Steel-Craft
Canimex
Wayne Dalton
Key Questions Answered
1. How big is the global Garage Door Hardware market?
2. What is the demand of the global Garage Door Hardware market?
3. What is the year over year growth of the global Garage Door Hardware market?
4. What is the production and production value of the global Garage Door Hardware market?
5. Who are the key producers in the global Garage Door Hardware market?