Dive into our comprehensive analysis as we unravel the fascinating world of garage door openers, exploring their prevalence, usage trends and technological advancements.
Diving right into the world of garage door openers, it’s fascinating to see how this industry has evolved over the years. With a staggering 70% of homeowners using their garage as the primary entrance to their home, the importance of reliable, efficient garage door openers cannot be overstated.
From the latest trends in smart technology to the most popular brands, this article is your one-stop shop for all the statistics and details about the garage door opener industry. Whether you’re a homeowner, a garage door installer, or just a curious reader, you’ll find all the information you need right here.
Most companies in the US use Liftmaster as a garage door opener.
Liftmaster, a perennial favorite, is the top choice for many American companies. Its consistency in performance and durability ensures optimum functionality and longevity.
Known for its robust security features and ease of use, Liftmaster has developed a strong footing in the industry, making it an exceedingly common choice for garage door openers nationwide.
The garage door opener market size was valued at USD 1,376.55 million in 2020 and is projected to reach USD 1,835.82 million by 2028.
Illustrating a robust upward trajectory, the financial evaluation of the garage door opener market depicts a spirited landscape. After reaching a valuation of USD 1,376.55 million in 2020, the market is on track to attain a size of USD 1,835.82 million by 2028.
This rise is indicative of the expanding demand and points towards an optimistic future brimming with progressive advancements and untapped opportunities. With the market growing at this prodigious pace, businesses in the sector continue to focus on innovation to meet the burgeoning customer needs.
The market is growing at a CAGR of 3.93% from 2021 to 2028.
The garage door opener industry portrays robust growth, with projections expecting a Compound Annual Growth Rate (CAGR) of 3.93% over the period of 2021 to 2028.
This growth can be attributed to increased demand for home automation and security, paired with innovative technology developments in the sector.
The rising adoption of IoT-based home security systems across the globe, especially in developing countries, is a primary driver of this increase.
This industry progression has implications for both manufacturers and consumers alike, indicating a thriving market with potential for further opportunities.
There are more residential garage door openers in the market than commercial ones.
With the dominance of single-family houses in the United States, it’s unsurprising that the availability of residential garage door openers surpasses that of commercial ones. The differences in needs for accessibility, security, and usage frequency play a crucial role in the manufacturing and marketing strategies of garage door opener companies.
To cater to the larger majority of homeowners requiring easy-to-install, user-friendly, and efficient garage door openers, companies place a higher emphasis on residential models. These openers often focus on convenience features, such as smartphone app controls, integrated home automation capabilities, and quieter operation, making them more prevalent in the market.
7-9% of US internet households own a smart garage door opener.
As we delve further into the statistics, it’s noteworthy that a relatively small portion of American households with internet – particularly between 7% to 9% – have adopted smart garage door openers. This suggests a significant market potential for businesses, considering the prevalence of Internet-connected homes. This adoption rate underscores the awareness, usage, and increasing trust in smart garage technologies among homeowners, indicating both the current market reach and the possibility for future expansion.
Furthermore, the data can stimulate interest in associated sectors such as home security, given that smart garage openers often tie into these systems for an integrated approach to home safety.
20% of smart garage door openers are not connected to the internet.
Despite prevailing tech integration, a surprising trend points to one in five smart garage door openers being operated offline. For a variety of reasons, such as privacy concerns, traditional usage preference, or lack of steady internet connectivity, these advanced tools eschew their online capabilities.
Notably, this also does away with certain benefits such as remote access, real-time alerts, and integration with other smart home devices, leaving 20% of these appliances underutilized given their full potential.
That said, the non-reliance on internet can be perceived as an advantage too, specially in areas prone to erratic connectivity.
Clopay is the biggest manufacturer of residential garage doors in the US.
With a significant market presence, Clopay stands atop as the predominant player. The reason behind its dominance can be attributed to its commitment towards fabricating high-quality residential garage doors. The company is known for its wide array of designs – from wood to steel to composite material, there’s a Clopay door for every style and budget. It’s also recognized for its keen focus on innovation and customer satisfaction, which are key drivers in its continued growth nationwide.
The largest garage door openers tend to be 10-14 ft in both height and width.
Industrially and for some larger residential spaces, door openers are designed to work with more extensive garage doors, typically falling into the range of 10-14 feet for both dimensions.
These larger models are primarily employed in settings such as warehouses, large commercial buildings, and exclusive residential properties.
They are typically more durable and powerful to handle the heavy-weight garage doors.
Despite their size, most of these machines still operate relatively quietly and smoothly, thanks to advancements in technology.
A standard garage door opener for a single door is 7-8 feet in height and 8-10 feet in width.
In assessing the dimensions of standard single-door garage openers, height typically ranges between 7 to 8 feet. The width display a broader span, falling between 8 to 10 feet. This size caters uniformly to the needs of most residential garage doors, ensuring convenient and seamless operation. As a user or potential buyer, it’s essential to understand these dimensions to purchase the right fit for your facility, prioritizing functionality and efficiency.
Modern garage openers consume 75% less energy in standby mode.
Technological advancements have led to significant improvements in energy efficiency. Today’s variants use far less power when in standby mode compared to traditional models. This reduced consumption has been measured at 75%, a notable reduction that can contribute to lower energy bills over time.
This enhanced efficiency is a result of innovations such as LED light use, improved circuitry, and the development of low-power standby modes. These present an eco-friendly option to homeowners and support the adoption of energy-efficient practices globally.
References:
- https://www.statista.com/
- https://www.verifiedmarketresearch.com/
- https://www.parksassociates.com/
- https://aaronoverheaddoors.com/
- https://a1garage.com/
- https://www.abettergaragedoorinc.com/