Global Garage Door Motor Supply, Demand and Key Producers, 2023-2029
The global Garage Door Motor market size is expected to reach $ 1493.5 million by 2029, rising at a market growth of 2.6% CAGR during the forecast period (2023-2029).
Global 5 largest manufacturers of Garage Door Motor are Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix and Marantec, which make up over 45%. Among them, Chamberlain Group is the leader with about 25% market share. North America is the largest market, with a share about 33%, followed by Europe and Asia-Pacific, with the share about 28% and 27%. In terms of product type, Belt Drive Type occupy the largest share of the total market, about 50%. And in terms of product Application, the largest application is Residential, followed by Commercial.
A garage door motor is an essential component of a garage door opener system. It is responsible for the automated opening and closing of the garage door.
This report studies the global Garage Door Motor production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Garage Door Motor, 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 Motor that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Garage Door Motor total production and demand, 2018-2029, (K Units)
Global Garage Door Motor total production value, 2018-2029, (USD Million)
Global Garage Door Motor production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Garage Door Motor consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Garage Door Motor domestic production, consumption, key domestic manufacturers and share
Global Garage Door Motor production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Garage Door Motor production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Garage Door Motor production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).
This reports profiles key players in the global Garage Door Motor 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, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Dalian Seaside, Hörmann and Skylink, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Garage Door Motor 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 Motor Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Garage Door Motor Market, Segmentation by Type
Belt Drive Type
Chain Drive Type
Screw Drive Type
Others
Global Garage Door Motor Market, Segmentation by Application
Residential
Commercial
Companies Profiled:
Chamberlain Group
Overhead Door
SOMMER Group
LiftLogix
Teckentrup
Marantec
Dalian Seaside
Hörmann
Skylink
Nice SpA
Raynon
CAME
Superlift
ADH Guardian
DECKO
BFT
Bisen Smart Access Co Ltd
AAVAQ
Centurion Systems
Foshan Foresee Intelligent Control Technology Co
Shenzhen Zhongtian Door Co
Key Questions Answered
1. How big is the global Garage Door Motor market?
2. What is the demand of the global Garage Door Motor market?
3. What is the year over year growth of the global Garage Door Motor market?
4. What is the production and production value of the global Garage Door Motor market?
5. Who are the key producers in the global Garage Door Motor market?
6. What are the growth factors driving the market demand?