According to our (Global Info Research) latest study, the global Garage Door Motor market size was valued at USD 1246.8 million in 2022 and is forecast to a readjusted size of USD 1493.5 million by 2029 with a CAGR of 2.6% during review period.
A garage door motor is an essential component of a garage door opener system. It is responsible for the automated opening and closing of the garage door.
Global 5 largest manufacturers of Garage Door Motor are Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix and Marantec, which make up over 45%. Among them, Chamberlain Group is the leader with about 25% market share. North America is the largest market, with a share about 33%, followed by Europe and Asia-Pacific, with the share about 28% and 27%. In terms of product type, Belt Drive Type occupy the largest share of the total market, about 50%. And in terms of product Application, the largest application is Residential, followed by Commercial.
The Global Info Research report includes an overview of the development of the Garage Door Motor industry chain, the market status of Residential (Belt Drive Type, Chain Drive Type), Commercial (Belt Drive Type, Chain Drive Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Garage Door Motor.
Regionally, the report analyzes the Garage Door Motor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Garage Door Motor market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Garage Door Motor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Garage Door Motor industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Belt Drive Type, Chain Drive Type).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Garage Door Motor market.
Regional Analysis: The report involves examining the Garage Door Motor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Garage Door Motor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Garage Door Motor:
Company Analysis: Report covers individual Garage Door Motor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Garage Door Motor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Commercial).
Technology Analysis: Report covers specific technologies relevant to Garage Door Motor. It assesses the current state, advancements, and potential future developments in Garage Door Motor areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Garage Door Motor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Garage Door Motor market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Belt Drive Type
Chain Drive Type
Screw Drive Type
Others
Market segment by Application
Residential
Commercial
Major players covered
Chamberlain Group
Overhead Door
SOMMER Group
LiftLogix
Teckentrup
Marantec
Dalian Seaside
Hörmann
Skylink
Nice SpA
Raynon
CAME
Superlift
ADH Guardian
DECKO
BFT
Bisen Smart Access Co Ltd
AAVAQ
Centurion Systems
Foshan Foresee Intelligent Control Technology Co
Shenzhen Zhongtian Door Co
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Garage Door Motor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Garage Door Motor, with price, sales, revenue and global market share of Garage Door Motor from 2018 to 2023.
Chapter 3, the Garage Door Motor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Garage Door Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Garage Door Motor market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Garage Door Motor.
Chapter 14 and 15, to describe Garage Door Motor sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Garage Door Motor. Industry analysis & Market Report on Garage Door Motor is a syndicated market report, published as Global Garage Door Motor Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Garage Door Motor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.