Los Angeles, CA -- (SBWire) -- 04/30/2019 --Garage Door Replacement Parts is the accessories that used for garage door replacement; the main replacement parts include opener, handles, hinges, extension springs, torsion springs, decorative hardware and others.

The global Garage Door Replacement Parts market was 1640 million US$ in 2018 and is expected to 1990 million US$ by the end of 2025, growing at a CAGR of 2.4% between 2019 and 2025.

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The global average price of Garage Door Replacement Parts is in the decreasing trend, from 15.2 USD/Pcs in 2011 to 13.9 USD/Pcs in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.

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%.

Chamberlain Group, Overhead Door, Novoferm, Amarr, etc. are the leaders of the industry, but the competition is also intense.

This report studies the Garage Door Replacement Parts market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:

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

By the product type, the market is primarily split into:

Metal Parts
Electromechanical Parts

By the end users/application, this report covers the following segments:

Residential
Commercial

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