How Has the Commercial Overhead Doors Market Evolved Historically and What is its Current Size?
The commercial overhead doors market has seen considerable growth due to a variety of factors.
• The market for commercial overhead doors has experienced a robust growth in the past few years. The market size is expected to rise from $3.01 billion in 2024 to $3.31 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%.
The significant growth in the previous years can be linked to factors such as industrialization, urbanization, trends in the construction industry, demographic changes, disaster recovery measures, and resilience.
What Does Future Hold for The Commercial Overhead Doors Market By 2029?
The commercial overhead doors market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of commercial overhead doors is anticipated to witness considerable growth in the upcoming years. The market is expected to expand to $4.78 billion by 2029, with a compound annual growth rate (CAGR) of 9.6%.
The expected growth during the forecast period could be due to policies centered on sustainability, expansion of e-commerce, amendments in regulations, investments in infrastructure, and industry-specific factors. The forecast period also indicates some significant emerging trends such as energy-efficient solutions, increased focus on safety and security, customization and personalization, compliance with regulations and standards, and resilience against severe weather conditions.
What Are The Primary Growth Drivers In The Commercial Overhead Doors Market?
The commercial overhead doors market is anticipated to expand due to the increasing demand for commercial construction. Commercial construction involves the design, revamp, and development of spaces for commercial, industrial, or business uses. Numerous factors like the growth of e-commerce, infrastructure investments, and real estate investment influence the demand for commercial construction. Commercial overhead doors provide an effective passage for the transportation of goods, materials, and equipment in and out of industrial and commercial buildings. Furthermore, they act as a barrier against unauthorised access, theft, and vandalism, ensuring the safety of valuable assets, inventory, and equipment present in industrial and commercial facilities. For example, the Office for National Statistics, a government department in the UK, reported in November 2023 that there was a significant rise of $1850 million (£1,723 million) in private commercial construction in 2022. This indicated a growth rate of 7.3% from the prior term. Consequently, the increasing demand for commercial construction is propelling the growth of the overhead doors market.
What Is The Segmentation Of The Global Commercial Overhead Doors Market?
The commercial overhead doors market covered in this report is segmented –
1) By Type: Sectional Doors, Rolling Doors, High Speed Doors, Other Types
2) By Distribution Channel: Direct, Indirect
3) By Application: Garage, Warehouse, Other Applications
Subsegments:
1) By Sectional Doors: Insulated Sectional Doors, Non-Insulated Sectional Doors, Industrial Sectional Doors, Residential Sectional Doors, Manual Sectional Doors, Automatic Sectional Doors
2) By Rolling Doors: Manual Rolling Doors, Motorized Rolling Doors, Steel Rolling Doors, Aluminum Rolling Doors, Fire-Resistant Rolling Doors, Rolling Grilles
3) By High Speed Doors: Automatic High-Speed Doors, High-Speed Rolling Doors, High-Speed Sectional Doors, Insulated High-Speed Doors, Flexible High-Speed Doors, High-Speed Doors for Cold Storage
4) By Other Types: Folding Doors, Aircraft Hangar Doors, Rapid Roll Doors, Overhead Shutter Doors, Pedestrian Access Overhead Doors
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How Are Emerging Trends Reshaping The Dynamics Of The Commercial Overhead Doors Market?
Companies dominating the commercial overhead doors market are striving for a competitive advantage by developing cutting-edge products that incorporate novel technologies such as LED lighting. These advanced door solutions not only enhance the security of the garage area by acting as a deterrent to intruders but also make the environment more inviting. Overhead Door Corporation, a US company that specializes in residential and commercial door solutions, unveiled two innovative garage door opener models in March 2023 - Models 2129L and 2129BL. These come equipped with integrated LED lighting, providing homeowners with energy-efficient lighting and a maintenance-free operation. The offerings of these models go beyond just good lighting, they optimize home security and offer modern technology features such as patented auto-seek dual frequency technology, a self-diagnostic system known as Safe-T-Beam, CodeDodger Access Security System, and integration with HomeLink and Car2U for additional convenience.
Who Are the Key Players In The Commercial Overhead Doors Market?
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
What Are The Regional Insights Into The Commercial Overhead Doors Market?
North America was the largest region in the commercial overhead doors market in 2024. 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.
