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The Europe garage door market will be valued at around $2.58 BN in 2023. This report provides complete information regarding the adoption of garage doors in the Europe region. Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the Europe garage door market to gain access to commercially launched products.
KEY HIGHLIGHTS:
- Europe is one of the leading markets in the installation of garage doors in new builds and growth in demand for garage doors in renovation and retrofit projects. As the current building stock of Europe is energy inefficient, residential dwellings, institutions, and industries in the region are increasingly adopting eco-friendly or green technologies to reduce the risk of environmental pollution and carbon footprint from buildings.
- In Europe, there is a huge demand for garage doors with multiple glazed options and variants that promise high thermal efficiency by eliminating heat loss through garage doors of buildings. Innovative garage doors can support this target by reducing the energy consumed for space heating to meet the energy directives for efficient construction structures. Furthermore, aesthetically appealing garage doors seamlessly integrate into the building structure or envelope.
- The growth of the European residential sector will also fuel the demand for garage doors. The rise in the construction of new residential properties will propel the demand for new garage doors, which, in turn, will boost the replacement of old doors and their thresholds and frames. This will further propel the demand for multi-glazed garage doors as they are among the latest trends in the market.
- Germany is one of the largest markets for garage doors in the European region. Factors such as low interest rates, a rising population, and job security are supporting the growth of construction in the country, which, in turn, is expected to drive the market for new buildings and replacement activities.
- Italy has been a leading global photovoltaic (PV) market. Government policies that align with the EU directives to meet renewable energy goals support the rising number of solar energy installations. The government offers several incentives and subsidies for PV installations in Italy. Reducing taxes on residential buildings has been the country's leading driver for adopting photovoltaic garage doors since 2012.
LIST OF VENDORS
Key Vendors
- Hörmann
- Novoferm
- Teckentrup
- Garador
- ASSA ABLOY
Other Prominent Vendors
- AlluGuard
- Alulux
- Birkdale
- CAME
- Cedar Doors
- ERREKA
- Gliderol
- Kružík
- Rundum Meir
- RYTERNA
- Silvelox
- SWS
- DoorHan Group
- ALUTECH
- Raynor Garage Doors
REPORT HIGHLIGHTS
SEGMENTATION & FORECAST
Type (Revenue & Units)
- Sectional
- Roller
- Up and Over
- Side Hinged
- Side Sliding
Material (Revenue & Units)
- Metal
- Wood
- Fiberglass
- Others
Operation (Revenue & Units)
- Manual
- Automatic
End-User (Revenue & Units)
- Residential
- Commercial
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of Europe Garage Door Market
- Key Vendors
- Other Prominent Vendors
Table of Contents
Companies Mentioned
- Hörmann
- Novoferm
- Teckentrup
- Garador
- ASSA ABLOY
- AlluGuard
- Alulux
- Birkdale
- CAME
- Cedar Doors
- ERREKA
- Gliderol
- Kružík
- Rundum Meir
- RYTERNA
- Silvelox
- SWS
- DoorHan Group
- ALUTECH
- Raynor Garage Doors
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 115 |
| Published | November 2023 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value ( USD | $ 2.58 Billion |
| Forecasted Market Value ( USD | $ 3.33 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 20 |
