Global Garage Door Opener Market Growth 2023-2029

Global Garage Door Opener Market Growth 2023-2029

A garage door opener is a motorized device that opens and closes garage doors. Most are controlled by switches on the garage wall, as well as by remote controls carried by the owner.
LPI (LP Information)' newest research report, the “Garage Door Opener Industry Forecast” looks at past sales and reviews total world Garage Door Opener sales in 2022, providing a comprehensive analysis by region and market sector of projected Garage Door Opener sales for 2023 through 2029. With Garage Door Opener sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Garage Door Opener industry.
This Insight Report provides a comprehensive analysis of the global Garage Door Opener landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Garage Door Opener portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Garage Door Opener market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Garage Door Opener and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Garage Door Opener.
The global Garage Door Opener market size is projected to grow from US$ 1153.4 million in 2022 to US$ 1429.3 million in 2029; it is expected to grow at a CAGR of 1429.3 from 2023 to 2029.
The major players in global Garage Door Opener market include Chamberlain Group, Overhead Door, SOMMER Group, etc. The top 3 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Chain Drive Openers is the main type, with a share about 50%. Home Garages is the main application, which holds a share about 80%.
This report presents a comprehensive overview, market shares, and growth opportunities of Garage Door Opener market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Belt Drive Openers
Chain Drive Openers
Screw Drive Openers
Others
Segmentation by application
Home Garages
Underground & Collective Garages
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Chamberlain Group
Overhead Door
SOMMER Group
LiftLogix
Teckentrup
Marantec
Skylink
Hörmann
CAME
Dalian Seaside
Superlift
Raynon
Foresee
GTO Access Systems
ADH Guardian
Culmination Family Profession
DECKO
Baisheng Gate
Key Questions Addressed in this Report
What is the 10-year outlook for the global Garage Door Opener market?
What factors are driving Garage Door Opener market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Garage Door Opener market opportunities vary by end market size?
How does Garage Door Opener break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.