9 Garage Door Industry Statistics You Won’t Want to Miss
Garage doors protect homes or businesses, sealing the most prominent entry and keeping valuables safe. It’s a crucial industry that plays a pivotal role for homeowners.
-
insights from 185,000+ hours of garage door marketing experience
So, how popular are garage door companies? What’s trending in the industry?
These garage door industry statistics will tell you! Keep reading to get an inside look at where your industry currently stands and how it’s projected to grow.
Before you dive in, take a moment to subscribe to our email newsletter, Revenue Weekly, for more insightful marketing tips!
Read More: 3 Garage Door Marketing Ideas for Attracting Leads
General garage door industry statistics
To help your company thrive in this industry, staying up to date with market trends is important. These stats provide a look into the profitability of the garage door industry and the relevancy of upcoming trends.
1. On average, the garage door industry in North America brings in about $5 billion annually.
If you think about it, just about every house and commercial property built needs a garage door. In fact, commercial construction drives the majority of the revenue, specifically business for large manufacturing facilities.
2. The American automatic garage door industry makes up around 35% of shares in the global market.
America’s garage door industry — specifically automatic models — takes up over a third of the global garage door market. This is due to several different factors, including the consistent urbanization of the USA.
3. As smart home devices advance, more than 57% of U.S. homes are estimated to own a smart device in 2025 — including smart garage doors in the mix.
A smart garage door is one of the many smart technology advancements that are growing in popularity. Smart garage doors allow homeowners to open, close, or otherwise track their garage door activity from anywhere using their smartphone, PC, or tablet.
4. Residential garage and overhead doors account for over half of all global market sales.
With houses consistently being built and renovated, residential sales are much greater than commercial sales in this market (though commercial sales tend to have a higher dollar amount). Many residential homes need services like new garage door installation and repair services.
5. There are over 14,000 people employed by the garage door industry
While the garage door industry employment rate has slowed, there are still over 14,000 people employed by the industry.
Benefits and opportunities in the garage door industry
Interested in learning about the benefits and opportunities of the industry? Check out these garage door industry statistics!
6. The U.S. Department of Commerce reported 1.4 million housing completions and 1 million houses started in February 2023
The good news is that houses continue to be in demand, providing more business for garage door companies. As garages continue to make it on the must-have list, more new builds will include garages, which means more business opportunities.
7. Vehicle sales boost garage door sales — with 16.21 million cars sold in the U.S. in January 2023
Garage doors are essential for safe vehicle storage, from break-in prevention to environmental protection. People are searching for larger garages to hold multiple vehicles, requiring garage doors to keep their new wheels — well — new.
Future outlook and projections for garage door industry growth
Even with supply shortages, the garage door industry continues to persevere. Read on to see statistics on the garage door industry and it’s future:
8. Automatic garage doors are expected to grow by 5.25% from 2023 to 2029
Automatic garage doors — including those with smart technology — are growing higher in demand due to their convenience and efficiency. Modern technology will only continue to increase, and so can garage door companies as they keep up with and offer the current trends.
9. The garage door industry is projected to reach $9.94 billion by 2029
With greater growth comes higher profits for the garage door industry. Factors influencing future development include continuous urbanization, new construction products, and increased vehicle sales.
Feeling motivated by these garage door industry statistics?
As you can see by these statistics on the garage door industry, the demand for these doors is growing. If you want to help meet the demand and get more people to find your garage door company, you need to start building your marketing strategy now. WebFX can help you do it.
As a home services expert, we know how to create custom marketing plans that drive results for garage door companies like yours. With over 29 years of experience in digital marketing, we know how to help you leverage your position in your market to earn more jobs.
Ready to experience revenue growth? Contact us online or call 888-601-5359 today to get started!
We Drive Results for Garage Door Companies
- 24 million leads generated for clients
- Renowned for our communication and transparency
Solving key challenges for garage door companies
Our website isn’t ranking in the search results
When people need home services in their area, they take to search engines like Google. Ensure your website appears at the top of the results when your target audience needs your services.
We’re struggling to grow our technician team
Expanding your team and growing your business go hand-in-hand. If you need help growing your team with talented and friendly technicians, our recruitment marketing services have you covered.
We’re not generating enough leads
Are people visiting your website but not getting in touch with you? Our expert marketing specialists and web designers can optimize all areas of your website so you can attract and convert more of your target audience to use your services.
We’re not attracting new customers
Having trouble increasing your online visibility, so you can attract new customers? Our award-winning marketing services get your brand in front of the right people in your local area.
