US Garage Door Market Shows Significant Growth Amidst Advances in Automation and Eco-Friendly Innovations – Forecasts to 2029

DUBLIN, Feb. 8, 2024 /PRNewswire/ — The “US Garage Door Market – Focused Insights 2024-2029” report has been added to  ResearchAndMarkets.com’s offering.

The latest comprehensive research reveals pivotal insights into the US garage door market’s robust growth, estimating its value to be approximately $3.36 billion in 2023, with a forecast of rising demand and unit shipments reaching 3.53 million within the same year.

This insightful analysis offers in-depth knowledge of the region’s adoption trends, technological advancements, and competitive market dynamics.

Driving Forces Behind Market Expansion

A surge in new construction activities and the escalating popularity of smart home technology are instrumental in fueling the market’s growth. Advancements such as infrared sensors and Bluetooth-enabled garage doors are catering to an audience that values automation and convenience. The shift towards sustainable products is also influencing market preferences, with a significant uptick in eco-friendly and energy-efficient materials like wood, aluminum, and steel being noted.

Rising Construction Activities Bolster Market Opportunities

The increased rate of both residential and commercial construction projects, especially those emphasizing green building practices, is directly proportional to the rise in demand for high-performance garage doors. These doors often come equipped with specialized treated glass and thermal insulation properties, catering to the modern consumer’s demands for energy conservation.

Enhanced Features and Commercial Sector Traction

Homeowners with a growing number of vehicles are expanding their garage spaces, consequently augmenting the demand for garage doors. The burgeoning construction of commercial buildings, including leisure and hospitality, retail, and data centers, paves a pathway of opportunities for vendors in the US garage door industry.

Garage Door Innovations and Consumer Preferences

The market is responding to consumers’ preference for added value features like wind resistance and improved durability. Enhanced insulation remains a priority for buyers looking to minimize energy costs and utilize their garage spaces for various purposes, including workshops and office spaces. List of Market-Leading VendorsThe report identifies leading vendors, including ASSA ABLOY, C.H.I. Overhead Doors, Clopay Corporation, Hörmann, and Overhead Door Corporation, as key players in the sector. Along with other prominent vendors, they are shaping the competitive landscape through strategic collaborations and product advancements. Market Segmentation AnalysisThe study provides detailed segmentation of the market by type, material, operation, and end-user, contributing to a comprehensive understanding of the different facets driving market growth. This distribution is supported by corresponding revenue and units data.

Market Dynamics and Competitive Landscape

An evaluation of the market dynamics, including drivers, restraints, opportunities, and trends, presents a well-rounded picture of the current market scenario. The research lays out a robust competitive landscape analysis, giving stakeholders valuable insights into strategic maneuvers in the industry. 

Key Vendors

ASSA ABLOYC.H.I. Overhead DoorsClopay CorporationHormannOverhead Door Corporation

Other Prominent Vendors

Access Garage DoorsAmerican Garage DoorArmRLite Overhead DoorsArtisanCAMECarriage House DoorCedar Park Overhead DoorsCraft Doors USADDM Garage DoorsDoorHan GroupdoorLink ManufacturingEverite Door WorksGaragaGeneral Doors CorporationHaas DoorHollywood Overhead Door CompanyHurricane Master Garage DoorsJanus InternationalMartin DoorMidland Garage DoorProDoor ManufacturingRaynor Garage DoorsSafe-Way DoorWalkThru Garage DoorsWindsor Door

SEGMENTATION & FORECAST

Type (Revenue & Units)

SectionalRollerUp and OverSide HingedSide Sliding

Material (Revenue & Units)

MetalWoodFiberglassOthers

Operation (Revenue & Units)

ManualAutomatic

End-User (Revenue & Units)

ResidentialCommercial

MARKET STRUCTURE

Market DynamicsCompetitive Landscape of US Garage Door MarketKey VendorsOther Prominent Vendors

APPENDIX

Research MethodologyAbbreviationsAbout the Analyst

For more information about this report visit https://www.researchandmarkets.com/r/lzo6sr

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