Global Garage Door Opener Industry was valued at USD 1110 Million in the year 2017. Global Garage Door Opener Industry is further estimated to grow at a CAGR of 2.5% from 2018 to reach USD 1356 Million by the year 2025. The global Garage Door Opener industry is characterized by several large international manufactures and many smaller regional and local manufactures. Therefore, market share concentration is low. The two largest operators account for about 31.02% of total industry revenue in 2015, most manufactures operate locally and provide services to a small segment of the population. Nonetheless, market share has increased over the past five years because a number of companies were acquired during the recession.
Global Garage Door Opener Industry Share and Size by 2025 (USD Million)
Worldwide, home garages was the largest consumer of Garage Door Opener, which is responsible for about 79.39 percent of Garage Door Opener consumption in 2016. The remaining 20.61 percent was consumed for Underground and Collective Garages.
Major market players in Garage Door Opener Industry are Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, Hörmann, CAME, Dalian Seaside, Superlift, Rayno, Foresee, GTO Access Systems, ADH Guardian, Goalway Technology, Culmination Family Profession, DECKO, Baisheng Gate, Dalian Master Door.
SWOT Analysis of Garage Door Opener Industry
Garage Door Opener Industry, By Product
Garage Door Opener Industry, By Application
Garage Door Opener Industry Overview, By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa