14 Garage Door Industry Statistics for Business Insight

The garage door industry is more than just about home convenience; it’s a player in the global construction and home improvement sectors.

In the past decade, it has seen significant growth and transformation, driven by trends in automation, consumer demand for durability, and the rise of smart home technology.

Understanding the current state of the garage door industry and the forces shaping it is crucial for anyone involved in construction, home improvement, or real estate.

This page will explore key garage door industry statistics that provide insights into market size, consumer preferences, and emerging trends, offering a clear picture of where the industry stands today and where it’s headed in the near future.

1. North American Garage Door Industry Generates $5 Billion Annually

The garage door industry in North America consistently brings in around $5 billion every year. This significant revenue highlights the industry’s importance and steady demand within the home improvement and construction sectors.

2. Garage Door Industry Expected to Reach $9.94 Billion by 2029

The global garage door market is projected to grow to nearly $9.94 billion by 2029. This growth reflects expanding consumer interest and advancements in garage door technology, including automation and energy efficiency.

3. U.S. Automatic Garage Door Industry Holds 35% of the Global Market Share

The American automatic garage door industry commands roughly 35% of the global market share. This dominant position demonstrates the strong demand for automated solutions and innovation in the U.S. market.

4. Residential Garage Doors Make Up Over Half of Global Market Sales

More than half of global garage door sales come from residential garage and overhead doors. This trend underscores the growing importance of garage doors in residential construction and home improvement projects worldwide.

5. Over 14,000 People Work in the U.S. Garage Door Industry

The garage door industry in the United States employs over 14,000 people. This figure highlights the industry’s role in providing job opportunities and contributing to the economy.

6. Over 57% of U.S. Homes Are Expected to Have a Smart Device by 2025

By 2025, more than 57% of U.S. homes are projected to own a smart device, including smart garage doors. This shift signals the increasing integration of smart home technology into everyday life, with garage doors being an essential part of that trend.

7. 1.4 Million Housing Completions and 1 Million Housing Starts in February 2023

The U.S. Department of Commerce reported 1.4 million housing completions and 1 million homes started in February 2023. These figures indicate a strong housing market, which in turn drives demand for garage doors in new homes.

8. Vehicle Sales Drive Garage Door Sales — 16.21 Million Cars Sold in January 2023

With 16.21 million cars sold in the U.S. in January 2023, vehicle sales have a direct impact on garage door sales. As more cars are on the road, the need for functional and reliable garage doors continues to grow.

9. Automatic Garage Doors Expected to Grow by 5.25% from 2023 to 2029

Automatic garage doors are forecasted to see a 5.25% growth rate from 2023 to 2029. This trend is a reflection of increased demand for convenience, energy efficiency, and security features in garage door systems.

10. Approximately 11,000 U.S. Garage Door Dealers in 2020

In 2020, the U.S. had around 11,000 garage door dealers. This large network of dealers supports a wide range of consumers and businesses across the country, facilitating access to garage door products and services.

11. 66% of New Homes Built in 2022 Had Two-Car Garages

According to the National Association of Home Builders, 66% of newly completed homes in 2022 featured two-car garages. This data shows the continued popularity of two-car garages as a standard in home design.

12. Trend Towards Larger Garages Slows, with Two-Car Garages on the Rise

Since 2015, the proportion of new homes with two-car garages has increased from 61% to 66%, while homes with three-car garages have decreased. This shift reflects changing preferences and trends in home construction.

13. Garage Door Replacements Offer a 102.7% Return on Investment

Replacing a garage door can yield a remarkable 102.7% return on investment (ROI), according to Remodeling magazine’s 2023 report. This statistic emphasizes the value of upgrading a garage door, making it one of the top home improvement projects.

14. Shift Toward Eco-Friendly Garage Doors with Sustainable Materials

The garage door industry is increasingly focusing on eco-friendly products made from sustainable materials like wood, aluminum, and steel. This shift is aimed at reducing energy consumption and helping homeowners save on utility costs.

Understanding the Garage Door Industry’s Growth and Trends

The garage door industry is an essential part of both the construction and home improvement sectors, with steady growth and evolving consumer demands shaping its future. As the market expands, trends like the rise of smart technology, eco-friendly products, and increased residential demand continue to influence the direction of the industry. Companies in this space can benefit from staying informed on these shifts to remain competitive and meet customer expectations.

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