The Garage And Overhead Doors Global Market Report 2023, provides comprehensive information on the garage and overhead doors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Garage And Overhead Doors Market’s Growth:
https://www.thebusinessresearchcompany.com/report/garage-and-overhead-doors-global-market-report
As per The Business Research Company’s Garage And Overhead Doors Global Market Report 2023, 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global garage and overhead doors market is expected to grow to $8.46 billion in 2027 at a CAGR of 5.1%.
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Technological advancements are a key trend gaining popularity in garages and the overhead door market. Major companies operating in the garage and overhead door markets are focused on innovating new technologies to sustain their position in the market. For instance, in November 2020, Centurion Garage Doors, an Australia-based firm providing quality garage doors and opening products launched a new MY CGD SmartPhone App and Garage Door Opener with a built-in camera and video access. After installing the app and downloading the new software the user can operate the garage door from anywhere and see exactly what’s happening. Users can receive notifications from the app each time door is opened or closed. It keeps track of the condition of the door and notifies if anything is amiss. Users may check the full diagnostics, including activity, to find out when and who has entered and exited the building.
The garage and overhead doors market is segmented:
1) By Material: Aluminum, Steel, Wood, Fiberglass, Vinyl
2) By Application: Exterior Application, Interior Application
3) By End Users: Residential, Commercial
Top Major Players:
Clopay Corporation
Wayne Dalton
Raynor Garage Doors
Delden Garage Doors Inc
Hormann
North America was the largest region in the garage and overhead doors market share in 2022.
The table of contents in TBRC’s garage and overhead doors market report includes:
1. Executive Summary
2. Garage And Overhead Doors Market Characteristics
3. Garage And Overhead Doors Market Trends And Strategies
4. Garage And Overhead Doors Market – Macro Economic Scenario
5. Garage And Overhead Doors Market Size And Growth
…………………………………………………………………….
26. Africa Garage And Overhead Doors Market
27. Garage And Overhead Doors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Garage And Overhead Doors Market
29. Garage And Overhead Doors Market Future Outlook and Potential Analysis
30. Appendix
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