Global Garage & Overhead Door Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
A Garage and Overhead Door is a large door in the garage that can be opened manually or by electric motor (garage door opener).
Market Overview:The latest research study on the global Garage & Overhead Door market finds that the global Garage & Overhead Door market reached a value of USD 8185.85 million in 2022. It’s expected that the market will achieve USD 9864.53 million by 2028, exhibiting a CAGR of 3.16% during the forecast period.
StrengthEconomic development, increase in per capita disposable income.
The acceleration of urbanization.
Increase in car ownership.
WeaknessThe product needs regular maintenance or it is prone to safety accidents.
Risk of damage during transportation.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Clopay Building Products is one of the major players operating in the Garage & Overhead Door market, holding a share of 6.63% in 2019.
Clopay Building Products Co., Inc. manufactures and supplies garage doors. The Company offers residential garage doors to homeowners, carriage style garage doors in wood and steel, aluminum doors, and panel steel garage doors.
Hormann manufactures and distributes residential and industrial doors. The Company offers residential doors, such as residential sectional doors and hurricane doors, garage door openers, and raised panel steel, handcrafted wood garage, and polyethylene doors.
Segmentation Overview:Among different product types, Wood segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Residential segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Garage & Overhead Door market covered in Chapter 3:Hormann
Amarr Garage Doors
Delden Garage Doors
Safe-Way Door
Raynor Garage Doors
1st United Door Technologies
Midland Garage Door
CHI Overhead Doors
Novoferm
ASSA ABLOY
Overhead Door
Clopay Building Products
In Chapter 4 and Chapter 14.2, on the basis of types, the Garage & Overhead Door market from 2018 to 2029 is primarily split into:Wood
Metal
Other
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Garage & Overhead Door market from 2018 to 2029 covers:Residential
Office Building
Factory
Hotel
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)