Garage Door Replacement Parts Market Is Growing at CAGR of 2.4% and Will Reach 1990 Million USD by 2025

MarketExpertz added new report Global Garage Door Replacement Parts Market Status and Future Forecast 2017-2022 in its database. The research report highlights market research and industry analysis driven by in-depth business relevant news.


New York, NY -- (SBWire) -- 08/15/2018 --The major players covered in this report are Chamberlain Group, Overhead Door, Novoferm, Amarr, SOMMER, LiftLogix, Prime-Line, Koala Canada, Dalian Seaside, Skylink, FORESEE, Teckentrup, Marantec, Dalian Master Door, Industrial Spring, Came S.p.A., Steel-Craft, Garaga, SWR Group, ADH Guardian

The latest industry intelligence report on the Garage Door Replacement Parts market performs a cautious examination of the current business environment and competitive landscape of the Garage Door Replacement Parts market for the forecast period, 2018 - 2025. For stakeholders, field marketing executives and product owners planning to maintain a competitive edge the market assessment report brings to light essential impression about the growth rate, share and size of the industry during the estimated period. Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.

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The classification of Garage Door Replacement Parts includes Metal Parts and Electromechanical Parts, and the proportion of Metal Parts in 2015 is about 89%.

Garage Door Replacement Parts is widely used in Residential and Commercial. The most proportion of Garage Door Replacement Parts is Residential, and the revenue in 2015 is 2754 M USD.

North America region is the largest supplier of Garage Door Replacement Parts, with a production market share nearly 35% in 2015. Europe is the second largest supplier of Garage Door Replacement Parts, enjoying production market share nearly 25% in 2015.

North America is the largest consumption place, with a consumption market share nearly 39% in 2015. Following North America, Europe is the second largest consumption place with the consumption market share of 29%.
The global Garage Door Replacement Parts market is valued at 1640 million US$ in 2017 and will reach 1990 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2018-2025.

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On the basis of product, this report is primarily split into:
- Metal Parts
- Electromechanical Parts

On the basis of the end users/applications, this report is primarily split into:
- Residential
- Commercial

Geographically, this report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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In this study, the years considered to estimate the market size of Garage Door Replacement Parts are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

With the given market data, Research Team offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Garage Door Replacement Parts market, by end-use.
Detailed analysis and profiles of additional market players.

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