The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising investment in residential infrastructure projects and construction activities is expected to spur innovation in garage and overhead door manufacturing, propelling the market during the forecast period.

The global garage and overhead doors market is expected to grow from $6.55 billion in 2022 to $6.93 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The garage and overhead doors market is expected to grow to $8.46 billion in 2027 at a CAGR of 5.1%.

Get A Free Sample On The Global Garage And Overhead Doors Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8794&type=smp

Global Garage And Overhead Doors Market Segments Include:

• By Material: Aluminum, Steel, Wood, Fiberglass, Vinyl
• By Application: Exterior Application, Interior Application
• By End Users: Residential, Commercial
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global garage and overhead doors market in 2021.

Major Market Players in the garage and overhead doors market include Clopay Corporation, Wayne Dalton, Raynor Garage Doors, Delden Garage Doors Inc., Hormann, Assa Abloy AB, Midland Garage Door, PerforMax Global LLC, Dynaco, Rite-Hite, Rytec Corporation.

Technological advancements are a key trend that is gaining traction in garages and the overhead door market. To maintain their market position, major companies in the garage and overhead door markets are focused on innovating new technologies. For example, Centurion Garage Doors, an Australia-based company that provides quality garage doors and opening products, will launch a new MY CGD SmartPhone App and Garage Door Opener with a built-in camera and video access in November 2020. After installing the app and downloading the new software, the user can operate the garage door from anywhere and see exactly what is going on. The app can notify users whenever a door is opened or closed. It monitors the condition of the door and alerts you if anything is wrong. Users can view the complete diagnostics, including activity, to learn when and who entered and exited the building.

The Garage And Overhead Doors Global Market Report 2023 provides a garage and overhead doors market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The garage and overhead doors market forecast analyzes garage and overhead doors market size, garage and overhead doors market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overhead door is one that rotates on a horizontal axis and is supported horizontally, whereas an open and garage door is one that can be opened manually or by a garage door opener.

Explore Similar Reports From The Business Research Company:

Overhead Cranes Global Market Report 2023

Doors Global Market Report 2023

Bifold Doors Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: