This report studies Garage Door Opener in Global market, especially in North America, Europe, China and APAC (Ex. China), focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer.
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, H?rmann, CAME, and Dalian Seaside among others.
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, and market share and growth rate of Garage Door Opener in these regions, from 2011 to 2021 (forecast).
According to the report, global revenue for Garage Door Opener market was valued at $ 1045 million in 2015, and is expected to generate revenue of $ 1219.12 million by end of 2021, growing at a CAGR of slightly above 2.49 % between 2016 and 2021. Garage Door Opener market by volume, which measures output worldwide, was expected to reach 8,574 K Units in 2016 with an increase of 5.70 % from its year-earlier level. North America Garage Door Openers market size was valued at around USD 467.86 million in 2015. Europe is expected to exceed USD 335.20 million by 2016, at a CAGR of over 2.33% from 2011 to 2016. Asia-Pacific is estimated to be the third largest market for Garage Door Opener in 2016, with China expected to lead the market in terms of growth rate from 2011 to 2016. China Garage Door Opener market size was expected to reach US$ 93.53 million, with a CAGR of 6.04 % over the period 2011 to 2016.
Split by Product Types, with production, revenue, price, and market share and growth rate of each type, can be divided into (Belt Drive Openers, Screw Drive Openers and Chain Drive Openers)
Chain Drive Openers and Belt Drive Openers covered over 84.88 % of the market share in 2015, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 5.04% from 2016 to 2021.
Split by applications, this report focuses on consumption, market share and growth rate of Garage Door Opener in each application, can be divided into (Home garages and Underground and Collective Garages)
Worldwide, home garages was the largest consumer of Garage Door Opener, which is responsible for about 79.39 percent of Garage Door Opener consumption in 2016. The remaining 20.61 percent was consumed for Underground and Collective Garages.