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Global Smart Garage Door Controllers Market Size Is 435.9 Million USD In 2018
Friday, 28 Aug, 2020
A smart garage door controller comes in many forms; primarily, they connect with your existing garage door and a smartphone app, allowing you to monitor and control your garage from your mobile device.

Smart Garage Door Controllers are mainly classified into the following types: Wi-Fi based and Bluetooth based. Wi-Fi based is the most widely used type which took up about 83.6 % of the total in 2018 in Global.

Smart Garage Door Controllers have wide range of applications, such as Residential Sector, Commercial Sector, Other. And Residential Sector was the most widely used area which took up about 88.55% of the global total in 2018. 

The global Smart Garage Door Controllers average cost is influenced by the global trend. The average cost will be in increasing trend if the price of raw materials rises. The Smart Garage Door Controllers market size will reach about 715.73 million USD in 2025 from 435.9 million USD in 2018 all around the world, with the CAGR of 7.34%. 

North America is the largest region of Smart Garage Door Controllers in the world in the past few years and it will keep increasing in the next few years. North America market took up about 89.85% the global market in 2018, while Japan and China were about 4.34%, 3.14%. 

The Chamberlain Group, Asante, Garageio, Gogogate, Nexx Garage, The Genie Company, Garadget, GarageDoorBuddy, Skylinkhome, Shenzhen Yaoertai, Ryobi, etc. are the key suppliers in the global Smart Garage Door Controllers market. Top 3 took up more than 78% of the global market in 2018. 

Although sales of Smart Garage Door Controllers bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter the Smart Garage Door Controllers field hastily.