The global Garage Door Opener market was valued at 1085.51 Million USD in 2020 and will grow with a CAGR of 6.95% from 2020 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A garage door opener is a motorized device that opens and closes garage doors. Most are controlled by switches on the garage wall, as well as by remote controls carried by the owner.The global Garage Door Opener industry is characterized by several large international manufactures and many smaller regional and local manufactures. Therefore, market share concentration is low. The two largest operators account for about 31.02% of total industry revenue in 2015, most manufactures operate locally and provide services to a small segment of the population. Nonetheless, market share has increased over the past five years because a number of companies were acquired during the recession. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. Key market players include Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, Hörmann, CAME, and Dalian Seaside among others. Market Analysis and Insights: Global Garage Door Opener Market

By Market Verdors:

Chamberlain Group

Overhead Door

SOMMER Group

LiftLogix

Teckentrup

Marantec

Skylink

Hörmann

CAME

Dalian Seaside

Superlift

Raynon

Foresee

GTO Access Systems

ADH Guardian

Goalway Technology

Culmination Family Profession

DECKO

Baisheng Gate

Dalian Master Door

By Type

s:

Home Garages

Underground & Collective Garages

By Application

s:

Belt Drive Openers

Chain Drive Openers

Screw Drive Openers



Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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