QYResearch: Global Garage Door Replacement Parts Sales Market Report 2017 Overview

Garage door replacement parts are the accessories that used for garage door replacement; the main replacement parts include opener, handles, hinges, extension springs, torsion springs, decorative hardware and others.

In the last several years, global market of garage door replacement parts developed year by year, with the average growth rate of 3.2%. In 2016, global production of garage door replacement parts is nearly 117 million pcs. The production revenue of garage door replacement parts is around 1610 M USD in 2016.

North America is the largest consumption market of garage door replacement parts with sales market share nearly 37% in 2016.

The second place is Europe, following North America with sales market share over 29% in 2016. Asia-Pacific is another important market of garage door replacement parts, enjoys nearly 25% sales market share in 2016.

The classification of garage door replacement parts includes metal parts and electromechanical parts, and the proportion of metal parts in 2016 is about 89%.

Garage door replacement parts are widely used in residential and commercial. The most proportion of garage door replacement parts is residential, and the consumption proportion in 2016 is about 88%.

At present, market competition is intense. Chamberlain Group, Overhead Door, Novoferm, Amarr, SOMMER, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

More: http://www.qyresearchglobal.com/goods-1192874.html

This article was first released by QYResearch, if reproduced, please indicate the source.
Marketing: sales@qyresearch.com
Media Contact: press@qyresearch.com