
Global Wireless Garage Door Openers Market – Industry Trends and Forecast to 2030
Report ID: MS-2008 | Electronics and Semiconductors | Last updated: Oct, 2024 | Formats*:

Wireless Garage Door Openers Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 9.43% |
By Product Type | Wi-Fi based, Bluetooth based |
Key Market Players |
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By Region |
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Wireless Garage Door Openers Market Trends
The growth of the wireless garage door opener market is attributed to the rising adoption of smart home technology and home automation. Hence, the garage door openers that the homeowners wish to install allow remote control access and are integrated with various security systems as well as smart home systems. A number of relatively recent ones also have Wi-Fi connectivity and can be controlled using smart devices that allow the users to see and use their garage doors regardless of their location. This shift is in line with the current lifestyle changes, which place an emphasis on more convenient processes and security systems in the home, with users being able to monitor their garages and even control who accesses them. Also, the green initiatives are another development that is spurring market growth. With the existence of electronic systems, for example, wireless garage door openers with backup batteries are able to work after the power has gone out, making them suitable for areas that experience power outages often. In addition, manufacturers are also making quieter and energy-efficient designs that attract eco-friendly customers as well as those who desire a less interfering home. With the additional new entrants into the market occupied with newer, better features at affordable price ranges, the range of choices for wireless garage door openers keeps on increasing, making it easier and faster for the various categories of consumers.Wireless Garage Door Openers Market Leading Players
The key players profiled in the report are Asante, Garadget, GarageDoorBuddy, Garageio, Gogogate, Nexx Garage, Ryobi, Shenzhen Yaoertai, Skylinkhome, The Chamberlain Group, The Genie CompanyGrowth Accelerators
The expansion of the wireless garage door opener market can be attributed to increasing smart home adoption and growing consumer preference for convenience and security. As more people embrace the concept of smart homes, there is an increasing demand for wireless garage door openers that allow homeowners to operate the garage doors from their smartphones or with the help of voice assistants, as part of the home automation system. Since there is a growing proportion of consumers for whom ease of operation is an important factor, advanced wireless systems, which offer such value propositions as remote-control access, notifications, and others, are becoming widely used. Another major driver is the concern of homeowners towards security aspects, as most wireless garage doors are equipped with features such as rolling codes that prevent attempts of sabotage. Also, the rise in the levels of construction activities, as well as an increase in disposable incomes, particularly in the cities, has led to a rise in the market. With the beautification of homes by many consumers, the market is characterised by an increase in demand for wireless garage door openers that combine security, intelligence, imagination, and convenience that, in turn, stimulates more research and innovations in the market.Wireless Garage Door Openers Market Segmentation analysis
The Global Wireless Garage Door Openers is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Wi-Fi based, Bluetooth based . The Application segment categorizes the market based on its usage such as Residential Sector, Commercial Sector, Other. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The global market for wireless garage door openers is marked by intense competition owing to the presence of many established as well as upcoming brands. Some of the key market participants include, but are not limited to: Chamberlain, LiftMaster, Genie, Craftsman, and Marantec, among other prominent names. This competition has resulted in challenges such as competition, product variations, and a need to develop and market over-the-top products. There has been a remarkable growth of garage door openers globally, which I believe will open many opportunities within the dynamics of the current competition as more and more new garage door openers and garage door opener companies will keep on entering the market, leading even to the dethronement of the established leaders.Challenges In Wireless Garage Door Openers Market
There are many obstacles to the market for wireless garage door openers. Some of them pertain to security issues and others to issues of technological dependability. As these units are wireless and there is no physical connection, it exposes them to risks such as hacking and opening by unauthorised persons. Wireless openers may be tainted by fears of breach because of their use. There are even claims of device interference where signals were blocked, so consumers are a bit hesitant. And because of that, security measures like encryption and secure access systems must be improved by the manufacturers all the time to help and gain the trust of the customers. Connected to this is the other issue of how traditional garage door openers pose a threat and where the market could get overexploited. A considerable number of users have a tendency to stick with the old wired systems due to their efficiency and ease of use. In addition, because of raw material prices, aggression, and problems within the supply chain, the operations costs may also force changes on the prices even when the market is keen on competition. Under these circumstances, familiarity with the advanced features such as firmware updates and smartphone connectivity to the opener, among other enhancements, becomes critical for the companies to retain consumers and also hold the market.Risks & Prospects in Wireless Garage Door Openers Market
The wireless garage door opener market is an attractive opportunity in the light of smart home technology and IoT-enabled device adoption worldwide. These garage door openers provide automatic, multiple-point access from a distance and have better security attributes. This opportunity is more appealing to the residential markets as users look forward to smartphone app integration, voice control, and real-time monitoring capability for easy garage access management from anywhere in the world. Another opportunity lies in the integration of wireless garage door openers into the more extensive smart home ecosystems that may then interact with security cameras, lighting, and other Internet-enabled devices. This provides manufacturers with opportunities to design interoperable devices that are easily integrated into established smart home settings. Increasingly savvy consumers embracing energy efficiency solutions are also seeking low-power-consumption wireless openers with solar options and smart scheduling capabilities to augment the market even further.Key Target Audience
The **wireless garage door openers market** is focused on people, particularly homeowners, who desire ease as well as safety concerning the management of their garage entrances. In this regard, this audience includes a spectrum of consumers reaching tech-savvy members who are inclined towards the integration of smart home systems, thus controlling, for instance, their garage doors using a smartphone or other smart home systems. One unit, which is a family with several cars, is also in quest of an effective and simple system, yet those living in the suburbs and rural areas tend to seek such with a focus on security in order to deter intrusions in their houses.,, Another important audience includes developers, home improvement professionals, or retailers, who in one way or another add wireless garage door openers into their services. Their purpose is to bring to the client’s new ideas that are effective and work well with the modern designs of homes so that they can add even more value to the properties. In addition to that, property management companies, as well as commercial facility managers, are also looking for wireless garage door openers for multi-tenant houses or commercial properties because they provide ease of access control as well as a better experience for tenants.Merger and acquisition
The most recent transformations occurring within the wireless garage door opener market have been characterised by progression mergers and acquisitions with the emphasis on improving product services and market coverage. Guardian Access & Door Hardware acquired Alottazs Labs LLC, makers of Garageio, which enables a user to open or close their garage doors with a smartphone without the need to change their existing openers. This acquisition is also consistent with the Guardian’s goal of including IoT in its products in order to offer more options and value for its customers while at the same time ensuring stability and support for the innovative technology of Garageio. On top of that, The Genie Company stated that its smart garage door openers can work with Amazon Key In-Garage Delivery, which is another innovation aimed at improving security and convenience for users. The reason for this development is the smart home technology phenomenon, given that most markets are now providing smart devices that work together for higher efficiency and safety. The market for wireless garage door openers is thus shaped by competitive elements represented by key market players such as Chamberlain Group and Overhead Door Corporation, who have embraced innovations like voice-enabled operation and security solutions in response to the growing demand for smart homes.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Wireless Garage Door Openers- Snapshot
- 2.2 Wireless Garage Door Openers- Segment Snapshot
- 2.3 Wireless Garage Door Openers- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Wireless Garage Door Openers Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Wi-Fi based
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Bluetooth based
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
5: Wireless Garage Door Openers Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Residential Sector
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Commercial Sector
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Other
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
6: Wireless Garage Door Openers Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 Asante
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Garadget
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 GarageDoorBuddy
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 Garageio
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 Gogogate
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 Nexx Garage
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 Ryobi
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 Shenzhen Yaoertai
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Skylinkhome
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 The Chamberlain Group
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
- 8.11 The Genie Company
- 8.11.1 Company Overview
- 8.11.2 Key Executives
- 8.11.3 Company snapshot
- 8.11.4 Active Business Divisions
- 8.11.5 Product portfolio
- 8.11.6 Business performance
- 8.11.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
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Report Licenses
Frequently Asked Questions (FAQ):
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