Automatic Garage Door Openers Market Report: Trends, Forecast and Competitive Analysis to 2030

Automatic Garage Door Openers Trends and Forecast

The future of the global automatic garage door openers market looks promising with opportunities in the home garages and underground & collective garages markets. The global automatic garage door openers market is expected to reach an estimated $3.30 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increase in demand for garage door openers in residential and commercial buildings and growing construction activities.

A more than 150-page report is developed to help in your business decisions.

Automatic Garage Door Openers by Segment

The study includes a forecast for the global automatic garage door openers by type, application, and region.

Automatic Garage Door Openers Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Roller Door Openers
• Sectional Door Openers

Automatic Garage Door Openers Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Home Garages
• Underground & Collective Garages

Automatic Garage Door Openers Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automatic Garage Door Openers Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automatic garage door openers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automatic garage door openers companies profiled in this report include-

• Chamberlain
• Overhead Door
• Sommer
• Liftlogix
• Teckentrup
• Marantec
• Skylink
• Ha-Rmann
• Came
• Dalian Seaside

Automatic Garage Door Openers Market Insights

Lucintel forecasts that roller door openers is expected to witness highest growth over the forecast period due to ease of automation, space efficiency, and smooth and quiet operation.

Within this market, home garages will remain the largest segment due to increasing residential use, providing homeowners with convenience and security when accessing their garages.

North America is expected to witness highest growth over the forecast perioddue to increased construction activities.

Features of the Global Automatic Garage Door Openers Market

Market Size Estimates: Automatic garage door openers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automatic garage door openers market size by type, application, and region in terms of value ($B).

Regional Analysis: Automatic garage door openers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the automatic garage door openers market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automatic garage door openers market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the automatic garage door openers market size?

Answer: The global automatic garage door openers market is expected to reach an estimated $3.30 billion by 2030.

Q.2 What is the growth forecast for automatic garage door openers market?

Answer: The global automatic garage door openers market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the automatic garage door openers market?

Answer: The major drivers for this market are increase in demand for garage door openers in residential and commercial buildings and growing construction activities.

Q4. What are the major segments for automatic garage door openers market?

Answer: The future of the automatic garage door openers market looks promising with opportunities in the home garages and underground & collective garages markets.

Q5. Who are the key automatic garage door openers market companies?

Answer: Some of the key automatic garage door openers companies are as follows:

• Chamberlain
• Overhead Door
• Sommer
• Liftlogix
• Teckentrup
• Marantec
• Skylink
• Ha-Rmann
• Came
• Dalian Seaside

Q6. Which automatic garage door openers market segment will be the largest in future?

Answer: Lucintel forecasts that roller door openers is expected to witness highest growth over the forecast period due to ease of automation, space efficiency, and smooth and quiet operation.

Q7. In automatic garage door openers market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast perioddue to increased construction activities.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the automatic garage door openers market by type (roller door openers and sectional door openers), application (home garages and underground & collective garages), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?