Smart Garage Door Opener Systems Market Size, Share, Growth, and Industry Analysis, By Type (Belt Drive Opener Systems, Chain Drive Opener Systems, Screw Drive Opener Systems and Others), By Application (Home Garages and Underground & Collective Garages), Regional Forecast From 2024 To 2031

Updated On: 15 April 2024

Smart Garage Door Opener Systems Market Report Overview

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The global smart garage door opener systems market size was in USD 547.1 million 2022. As per our research, the smart garage door opener systems market is expected to reach USD 1243 million by 2031, exhibiting a CAGR of 9.4% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Smart garage door controllers are gadgets that allow homeowners to control and monitor their garage doors remotely via a smartphone, tablet, or other internet-connected device. These controllers supplement existing garage door openers with smart capability, allowing customers to open, close, and monitor the status of their garage doors from anywhere with an internet connection. Smart garage door controllers are often simple to install and work with the majority of garage door opener systems. They frequently communicate with the existing garage door opener using Wi-Fi or other wireless communication methods. Once installed and configured, consumers can utilise a related smartphone app to remotely operate their garage doors.

The ability to open and close the garage door using a mobile app when away from home.

Users' smartphones receive alerts and updates whenever the garage door is opened or closed, providing them with more security and peace of mind. Some controls allow users to programme their garage doors to open and close at certain times or days. Smart garage door controllers are frequently connected with other smart home platforms, such as Amazon Alexa, Google Assistant, or Apple HomeKit, enabling customers to manage their garage doors by voice requests or as part of larger automation routines.

COVID-19 Impact: Increased Demand for Contactless Solutions to Boost Market Growth

The pandemic boosted demand for contactless solutions in a variety of industries. Smart garage door controllers, which enable customers to operate their garage doors remotely via a smartphone app, are an excellent fit for this trend. Homeowners seek solutions to reduce physical contact with surfaces, such as garage door opener remotes, resulting in an increase in the use of smart garage door controllers. Because of lockdowns and remote work arrangements, more people are spending time at home, which has increased interest in home automation and smart home devices. As a result, the market for smart garage door controllers may have seen increased interest from consumers seeking to improve the convenience and security of their homes. Due to manufacturing closures, the pandemic caused disruptions in worldwide supply networks.

LATEST TRENDS

"Integration with Smart Home Ecosystems to Enhance Market Growth"

Smart garage door controllers are increasingly being built to work in conjunction with larger smart home ecosystems. Users can manage their garage doors as well as other connected devices using a single platform or voice assistant, such as Amazon Alexa, Google Assistant, or Apple HomeKit. With rising concerns about cybersecurity, smart garage door controller manufacturers are working on strengthening their products' security features. To protect against potential weaknesses, strong encryption techniques, multi-factor authentication, and regular firmware updates are used. To learn user habits and preferences, certain smart garage door controllers may include artificial intelligence (AI) and machine learning capabilities. Based on prior usage data, the controller may anticipate behaviours and automate garage door operations.

Smart Garage Door Opener Systems Market Segmentation

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• By Type

Based on type market is classified as belt drive opener systems, chain drive opener systems, screw drive opener systems and others.

• By Application

Based on application market is classified as home garages and underground & collective garages.

DRIVING FACTORS

"Increasing Smart Home Adoption to Augment Market Growth"

Smart garage door controllers are in high demand because to the growing popularity of smart homes and the increasing acceptance of smart home devices. Consumers want to improve the convenience, security, and automation of their homes, and smart garage door controllers offer a smooth connection into the larger smart home ecosystem. Smart garage door controllers make it possible to operate garage doors remotely via mobile apps. This feature is especially appealing to homeowners who wish to be able to open and close their garage doors from a distance, such as when they are away from home or when they are receiving visitors. Smart garage door controllers frequently include enhanced security features including real-time warnings and notifications when the garage door is opened or closed.

"Contactless Solutions to Propel Market Growth"

The pandemic of COVID-19 has increased the demand for contactless solutions. Smart garage door controllers are a contactless alternative to standard garage door remotes that reduce physical touchpoints while improving cleanliness and safety. The smart garage door controller’s industry is being driven by integration with other smart home devices and platforms. Consumers want items that can work together effortlessly to build automation routines and scenarios for a more connected and efficient home environment. Some smart garage door controllers provide energy-saving functions such as energy monitoring and optimisation. This is consistent with rising consumer interest in eco-friendly and energy-efficient housing solutions.

Smart garage door controllers with user-friendly interfaces and streamlined installation methods are being developed by manufacturers to make them more accessible to a wider range of users. The ease of DIY installation also minimises the need for professional services, cutting homeowners' overall costs. Homeowners and property developers are looking for modern and technologically advanced solutions as urbanisation grows. Smart garage door controllers increase the value of a property and are viewed as desirable elements in the real estate market.

RESTRAINING FACTORS

"Lack of Awareness to Impede Market Expansion"

Smart garage door controllers are frequently more expensive than regular garage door openers due to their enhanced functionality and integration capabilities. Price-conscious customers may be put off by the higher cost. Despite the growing popularity of smart home devices, some consumers may still be unaware of and confused about smart garage door controllers. Many homeowners may be unaware of the benefits and features provided by these devices, resulting in slower adoption rates. While some smart garage door controllers allow for DIY installation, others, particularly certain garage door opener models, may necessitate expert installation. Installation complexity can be a hurdle for certain customers who prefer simpler and more basic setup processes.

Smart Garage Door Opener Systems Market Regional Insights

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"North America to Dominate the Market Due to Significant Tech-Savvy Consumer Base"

North America, particularly the United States, has been at the forefront of adopting smart home technology. Consumers in the region have expressed a strong desire to integrate smart technologies into their homes, contributing to the expansion of the smart garage door controller’s market. The region has a significant tech-savvy consumer base that is aware of and interested in new technology. As a result, demand for smart home gadgets, such as smart garage door controllers, has increased. Because North America has a more prosperous consumer smart garage door opener systems market share with disposable means, homeowners are more inclined to invest in smart home technologies to improve convenience and security.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Chamberlain Group (U.S.)
• Overhead Door (U.S.)
• SOMMER Groupn (Germany)
• LiftLogix (U.S.)
• Teckentrup (Germany)
• Marantec (Germany)
• Skylink (Canada)
• Hörmann: Headquarters in Steinhagen, Germany.

REPORT COVERAGE

The report anticipates a detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Aanalysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.