Dublin, Nov. 12, 2024 (GLOBE NEWSWIRE) -- The "Automatic Industrial & Garage Door Market by Product Type (Bi-Folding Doors, High-Speed Doors, Roll-Up Doors), Material Type (Aluminum Doors, Composite Doors, Glass Doors), Opening Mechanism, Installation Type, End-user - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Automatic Industrial & Garage Door Market grew from USD 5.75 billion in 2023 to USD 6.15 billion in 2024. It is expected to continue growing at a CAGR of 7.17%, reaching USD 9.35 billion by 2030.
Market growth in this sector is predominantly influenced by the increasing demand for energy-efficient solutions, expanding infrastructure development, and heightened security concerns. Technological advancements such as IoT integration and smart home compatibility present significant growth opportunities, enabling seamless operation and enhanced safety features. Additionally, the rise of automation across industries and increasing urbanization further propel the market forward, presenting a ripe landscape for investment and innovation. However, challenges such as high initial installation costs, maintenance expenses, and technical malfunctions pose barriers to market expansion.
Moreover, economic fluctuations impacting construction activities can also limit growth potential. The best areas for innovation include developing cost-effective, sustainable door solutions and advancing smart technologies to improve efficiency and user experience. Focusing on areas such as noise reduction, enhanced security features, and eco-friendly materials can yield substantial benefits. Conducting research on market preferences regarding customization and aesthetic appeal can also unlock new growth avenues.
The market's nature is competitive yet lucrative, driven by constant technological upgrades and consumer demand for convenience and efficiency. Companies that proactively invest in R&D, address consumer pain points, and emphasize sustainable practices are well-positioned to capture emerging opportunities and achieve substantial growth in the automatic industrial and garage door market.
Understanding Market Dynamics in the Automatic Industrial & Garage Door Market
The Automatic Industrial & Garage Door Market is rapidly evolving, shaped by dynamic supply and demand trends. These insights provide companies with actionable intelligence to drive investments, develop strategies, and seize emerging opportunities. A comprehensive understanding of market dynamics also helps organizations mitigate political, geographical, technical, social, and economic risks while offering a clearer view of consumer behavior and its effects on manufacturing costs and purchasing decisions.
- Market Drivers
- Increasing focus on sustainability encouraging the adoption of energy-efficient door solutions
- Supportive government policies and infrastructure projects encouraging the adoption of modern, automated solutions
- Growing safety and security concerns in residential and industrial sectors
- Market Restraints
- High initial investment and installation costs of automatic industrial & garage door
- Market Opportunities
- Growing popularity of retrofitting older buildings with automated door systems
- Innovations such as improved wireless connectivity, AI, and energy-efficient designs
- Market Challenges
- Intense competition among established players and incoming manufacturers
Key Company Profiles
The report delves into recent significant developments in the Automatic Industrial & Garage Door Market, highlighting leading vendors and their innovative profiles. These include:
- ADH Guardian USA
- ASSA ABLOY
- CAME Group
- Clopay Corporation
- Cressy Door & Fireplace
- Dalian Seaside Co., Ltd
- Garaga Inc.
- Gryphon Garage Doors
- Hager Companies
- Hormann Limited
- Huws Gray Limited
- Marantec Marienfeld
- Nice S.p.A.
- Overhead Door Corporation
- Raynor Worldwide
- Renlita Custom Opening Solutions
- Skylink Group
- SOMMER Group
- Teckentrup
- The Chamberlain Group
- The Genie Company
- TORMAX USA
- Vortex Industries
- Wayne Dalton
- WELL BILT Industries
The report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 181 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $6.15 billion |
| Forecasted Market Value (USD) by 2030 | $9.35 billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.2. Market Segmentation Analysis
5.2.1. Product Type: Growing popularity of high-speed doors in logistics facilities & food processing units
5.2.2. End User: Ongoing Industry 4.0 trends acerbating the deployment of automatic industrial & garage door
5.3. Porter's Five Forces Analysis
5.4. PESTLE Analysis
6. Automatic Industrial & Garage Door Market, by Product Type
6.1. Introduction
6.2. Bi-Folding Doors
6.3. High-Speed Doors
6.4. Roll-Up Doors
6.5. Sectional Doors
6.6. Sliding Doors
6.7. Swing Doors
7. Automatic Industrial & Garage Door Market, by Material Type
7.1. Introduction
7.2. Aluminum Doors
7.3. Composite Doors
7.3.1. Polystyrene Core
7.3.2. Urethane Core
7.4. Glass Doors
7.5. Steel Doors
7.6. Wooden Doors
8. Automatic Industrial & Garage Door Market, by Opening Mechanism
8.1. Introduction
8.2. Remote Controlled
8.3. Smart Controlled
8.3.1. App Based
8.3.2. Voice Activated
9. Automatic Industrial & Garage Door Market, by Installation Type
9.1. Introduction
9.2. New Installation
9.3. Retrofit
10. Automatic Industrial & Garage Door Market, by End User
10.1. Introduction
10.2. Commercial
10.3. Industrial
10.3.1. Logistics Centers
10.3.2. Manufacturing Plants
10.4. Residential
11. Americas Automatic Industrial & Garage Door Market
12. Asia-Pacific Automatic Industrial & Garage Door Market
13. Europe, Middle East & Africa Automatic Industrial & Garage Door Market
14. Competitive Landscape
14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
14.3.1. A1 Garage Doors Gold Coast redefines home security and convenience with smart garage door system launch
14.3.2. Nucor Corporation's strategic expansion into high-performance commercial doors with Rytec acquisition
14.3.3. Nice launches the smart Linear 661 Garage Door Opener enhancing convenience and security with mobile app integration
14.4. Strategy Analysis & Recommendation
For more information about this report visit https://www.researchandmarkets.com/r/sff5bs
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