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Smart Garage Door Controllers - Global Strategic Business Report

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    Report

  • 210 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 6018336
The global market for Smart Garage Door Controllers was estimated at US$1.2 Billion in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Smart Garage Door Controllers Market - Key Trends & Drivers Summarized

How Are Smart Garage Door Controllers Enhancing Home Automation?

Smart garage door controllers are becoming an essential part of the home automation ecosystem, allowing users to control and monitor their garage doors remotely through smartphones and smart home hubs. These controllers not only offer convenience by enabling users to open or close their garage doors from anywhere, but they also enhance security by providing real-time notifications when the door is opened or closed. Integrated with voice-activated platforms like Amazon Alexa, Google Assistant, or Apple HomeKit, these systems give homeowners a seamless and hands-free experience. The ability to monitor door activity, set schedules, and grant access to visitors while away from home makes smart garage door controllers highly appealing to tech-savvy consumers. As more homes adopt smart home devices, garage door controllers are seen as a natural extension of home security and automation systems, adding an extra layer of connectivity and control to daily life.

What Role Does Technology Play in the Evolution of Smart Garage Door Controllers?

Advancements in technology are at the forefront of the growing smart garage door controller market. Most modern controllers are equipped with Wi-Fi connectivity, allowing them to integrate with mobile apps for remote control and monitoring. Some controllers use advanced sensor technology to detect if the door is left open or to alert users of potential issues such as mechanical failures. AI and machine learning algorithms are also being implemented to predict user behavior, automating door operations based on user patterns and ensuring optimal security. Additionally, Bluetooth Low Energy (BLE) technology is increasingly being integrated into these controllers to provide a secure and low-power connection, allowing faster and more reliable operation. As technology continues to evolve, we are seeing the introduction of advanced features like geofencing, which can automatically open or close the door when the homeowner's car approaches or leaves the driveway. These technological innovations are transforming garage door controllers from simple open-and-close devices to sophisticated components of the smart home ecosystem.

How Is Consumer Behavior Influencing the Demand for Smart Garage Door Controllers?

Consumer behavior is playing a significant role in shaping the demand for smart garage door controllers, particularly as awareness of smart home technology grows. Today's consumers seek convenience, security, and ease of use, all of which are key features offered by these controllers. The rise of e-commerce has increased the demand for secure package delivery solutions, leading many homeowners to invest in smart garage door controllers that can grant access to delivery personnel without needing to be physically present. Moreover, the growing interest in home security has made these devices more appealing, especially in urban areas where break-ins are more prevalent. With increasing integration into broader smart home ecosystems, consumers also appreciate the ability to control garage doors alongside other smart devices such as lights, thermostats, and security cameras, all from a single app or platform. This shift in consumer preferences toward interconnected, user-friendly systems is driving greater adoption of smart garage door controllers, especially among homeowners looking to enhance both convenience and security.

What Factors Are Driving Growth in the Smart Garage Door Controllers Market?

The growth in the smart garage door controllers market is driven by several factors, including technological advancements, rising consumer demand for smart home integration, and the growing focus on home security. One of the key drivers is the increasing adoption of IoT (Internet of Things) technology, which enables seamless connectivity and control of garage door controllers through smartphones and other smart devices. The integration of AI and machine learning is enhancing the functionality of these controllers, allowing for predictive automation and better user experience. End-use applications are expanding beyond just residential settings, as commercial properties also begin to adopt smart controllers to enhance security and access management. The rising trend of e-commerce and home delivery services has created a need for secure entry solutions, further propelling demand for these products. Additionally, the increasing availability of affordable smart home devices, combined with growing consumer awareness of home automation benefits, is fueling the expansion of the smart garage door controllers market.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Wi-Fi Connectivity segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 3.8%. The Bluetooth Connectivity segment is also set to grow at 3.1% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $321.7 Million in 2023, and China, forecasted to grow at an impressive 3.5% CAGR to reach $252.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Smart Garage Door Controllers Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Garage Door Controllers Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Smart Garage Door Controllers Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players in the Smart Garage Door Controllers market such as Asante, Brocel Corporation (GarageDoorBuddy), Garageio, Genie Company, Gogogate INC. (ismartgate) and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 36 companies featured in this Smart Garage Door Controllers market report include:

  • Asante
  • Brocel Corporation (GarageDoorBuddy)
  • Garageio
  • Genie Company
  • Gogogate INC. (ismartgate)
  • Guardian Protection Services, Inc.
  • Ryobi Group
  • Shenzhen Yaoertai Technological Development Co., Ltd.
  • Skylinkhome
  • Softcomplex, Inc (Garadget)

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession
  • Smart Garage Door Controllers - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Consumer Adoption of Smart Home Ecosystems Spurs Growth in Smart Garage Door Controllers
  • Integration of Voice Assistants and IoT Connectivity Strengthens the Business Case for Smart Garage Door Controllers
  • Increasing Consumer Demand for Convenience and Remote Access Drives Adoption of Smart Garage Door Controllers
  • Advancements in Wi-Fi and Bluetooth Connectivity Expand the Addressable Market for Smart Garage Door Controllers
  • Growing Focus on Home Security and Monitoring Propels Demand for Smart Garage Door Controllers with Enhanced Security Features
  • The Growth of Home Automation and Connected Devices Accelerates Demand for Seamless Integration of Smart Garage Door Controllers
  • Rising Awareness About Energy Efficiency and Automated Control Systems Expands Adoption of Smart Garage Door Controllers
  • Smart Garage Door Controllers Compatibility with Electric Vehicles (EVs) Charging Systems Creates New Opportunities for Market Growth
  • Increasing Integration of Geolocation and Auto-Close Features in Smart Garage Door Controllers Enhances Consumer Experience
  • Rising Urbanization and Expansion of Smart Cities Projects Propel Demand for Smart Garage Door Solutions
  • Growing Demand for Retrofit Solutions Creates Opportunities for Wireless Smart Garage Door Controllers
  • Increasing Use of AI and Predictive Analytics in Home Automation Drives Innovation in Smart Garage Door Controllers
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Smart Garage Door Controllers Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Smart Garage Door Controllers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Smart Garage Door Controllers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Smart Garage Door Controllers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Wi-Fi Connectivity by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Wi-Fi Connectivity by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Wi-Fi Connectivity by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Bluetooth Connectivity by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Bluetooth Connectivity by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Bluetooth Connectivity by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for New Construction Installation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for New Construction Installation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for New Construction Installation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Replacement Installation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Replacement Installation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Replacement Installation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Residential End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Residential End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Residential End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Non-Residential End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Non-Residential End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Non-Residential End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Smart Garage Door Controllers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

  • Asante
  • Brocel Corporation (GarageDoorBuddy)
  • Garageio
  • Genie Company
  • Gogogate INC. (ismartgate)
  • Guardian Protection Services, Inc.
  • Ryobi Group
  • Shenzhen Yaoertai Technological Development Co., Ltd.
  • Skylinkhome
  • Softcomplex, Inc (Garadget)

Table Information