Global Garage Door Openers Market Growth 2023-2029

Global Garage Door Openers 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 Openers Industry Forecast” looks at past sales and reviews total world Garage Door Openers sales in 2022, providing a comprehensive analysis by region and market sector of projected Garage Door Openers sales for 2023 through 2029. With Garage Door Openers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Garage Door Openers industry.

This Insight Report provides a comprehensive analysis of the global Garage Door Openers 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 Openers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Garage Door Openers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Garage Door Openers 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 Openers.

The global Garage Door Openers market size is projected to grow from US$ 1160.6 million in 2022 to US$ 1489.7 million in 2029; it is expected to grow at a CAGR of 1489.7 from 2023 to 2029.

Major producers in the industry include Chamberlain Group, Overhead Door, SOMMER Group, etc. The total revenue of the top three companies exceeds 38%. According to the region, North America is the region with the highest market share, accounting for more than 41% of the revenue.

This report presents a comprehensive overview, market shares, and growth opportunities of Garage Door Openers 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 and 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 Openers market?

What factors are driving Garage Door Openers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Garage Door Openers market opportunities vary by end market size?

How does Garage Door Openers 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.