Commercial Overhead Doors Global Market Report 2024

The commercial overhead doors market size has grown strongly in recent years. It will grow from $2.76 billion in 2023 to $3.01 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed during the historical period can be attributed to several key factors, including industrialization, urbanization, trends within the construction industry, demographic shifts, as well as considerations for disaster recovery and resilience.

The commercial overhead doors market size is expected to see strong growth in the next few years. It will grow to $4.36 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period can be attributed to several significant factors, including the implementation of sustainability initiatives, the expansion of e-commerce, regulatory changes, investments in infrastructure, and industry-specific developments. Notable trends expected in the forecast period encompass the adoption of energy-efficient solutions, an increased emphasis on safety and security measures, customization and personalization options, compliance with regulatory standards, and fortification against extreme weather events.

The burgeoning demand within the commercial construction sector is poised to propel the expansion of the commercial overhead doors market in the foreseeable future. Commercial construction encompasses the planning, renovation, and construction of spaces tailored for commercial, industrial, or business purposes. This demand surge is influenced by various factors, including the expansion of e-commerce, investments in infrastructure, and real estate ventures. Commercial overhead doors play a crucial role in facilitating the efficient movement of goods, materials, and equipment in and out of industrial and commercial facilities. Moreover, these doors serve as a deterrent against unauthorized access, theft, and vandalism, safeguarding valuable assets, inventories, and equipment housed within commercial and industrial premises. For example, in November 2023, as reported by the Office for National Statistics, private commercial construction in the UK witnessed a significant uptick of $1.85 billion (£1,723 million) in 2022, reflecting a growth rate of 7.3% compared to the previous period. Consequently, the escalating demand for commercial construction is fueling the growth of the overhead doors market.

Key players in the commercial overhead doors market are actively innovating their product offerings by integrating cutting-edge technologies, such as LED lighting, to gain a competitive edge. Integrated LED lighting enhances safety and security by illuminating the garage area, deterring potential intruders, and creating a more welcoming ambiance. For instance, in March 2023, Overhead Door Corporation, a US-based manufacturer of residential and commercial door solutions, unveiled the Models 2129L and 2129BL, the latest additions to its Legacy 850 Garage Door Opener lineup, featuring integrated LED lighting. These doors are engineered to provide homeowners with energy-efficient, visually appealing lighting and a hassle-free operational experience. Additionally, Models 2129L/BL offer advanced home security and technology features, including patented auto-seek dual frequency technology, self-diagnostic Safe-T-Beam System, CodeDodger Access Security System, and HomeLink and Car2U integration for added convenience.

In November 2023, The Miner Corporation, a US-based enterprise specializing in commercial door repair, installation, and maintenance, completed the acquisition of Bob's Overhead Door for an undisclosed sum. This strategic move is aimed at augmenting Miner's expertise in delivering top-notch commercial and residential door products, installation services, and round-the-clock emergency response throughout Baltimore and its surrounding areas. Bob's Overhead Door Repair & Service Inc., the acquired entity, specializes in garage door installation, repair, and replacement, offering an extensive array of garage door products, including commercial overhead doors.

Major companies operating in the commercial overhead doors market are Assa Abloy AB, Janus International Group LLC, Wayne Dalton Corporation, Clopay Building Products Company Inc., Raynor Worldwide Inc., Amarr Garage Doors (Entrematic Group AB), Hormann Group, CornellCookson, C.H.I. Overhead Doors, Haas Door Company, Martin Door Manufacturing Ltd., Jamison Door Company, North Central Door Company, Richards-Wilcox Canada, Rite-Hite Holding Corporation, Midland Garage Door Manufacturing Company, Pioneer Door Inc., Rytec Corporation, PerforMax Global LLC, Michigan Commercial Door Group LLC, American Garage Door Supply Inc., Best Rolling Manufacturer Inc., Overhead Door Corporation.

North America was the largest region in the commercial overhead doors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial overhead doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the commercial overhead doors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Commercial overhead doors are large vertical doors commonly found in industrial, commercial, and institutional buildings, facilitating access for vehicles, goods, and personnel. Designed to open vertically, they are typically operated manually or by electric motors, pulleys, and tracks. These doors are essential for providing efficient and secure entry, optimizing space utilization, and enhancing operational efficiency.

Various types of commercial overhead doors are available, including sectional doors, rolling doors, high-speed doors, and others. Sectional doors, in particular, are characterized by their space-efficient design, offering versatility, durability, and ease of operation. As a result, they are well-suited for a wide range of commercial and industrial applications. These doors are distributed through various channels, both direct and indirect, serving applications such as garages, warehouses, and more.

The commercial overhead doors market research report is one of a series of new reports that provides commercial overhead doors market statistics, including commercial overhead doors industry global market size, regional shares, competitors with a commercial overhead doors market share, detailed commercial overhead doors market segments, market trends and opportunities, and any further data you may need to thrive in the commercial overhead doors industry. This commercial overhead doors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The commercial overhead doors market consists of sales of door tracks, springs, hinges, cables and cable drums, locks and handles, hardware accessories, security grilles, and shutters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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