Demand for services from the Garage Door Installation industry dropped significantly as a result of the economic downturn, causing consumers to cut back on discretionary spending. However, as conditions improved, consumers increased spending and investment in their homes, including upgrades to their garage doors. Consequently, industry revenue has experienced steady growth. Over the next five years, industry operators are anticipated to benefit from increases in private spending on home improvement. Additionally, a rise in housing starts will also benefit industry revenue over the period.
This industry installs garage doors and garage openers. Industry activity includes inspection prior to the installation or removal of any existing garage door and opener, installation, additions, alterations, maintenance and repairs.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.