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Garage Door Installation: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Garage Door Installation Market Research Report | NAICS OD4855 | Jan 2017

Opening up: An improved housing market and continued demand for repairs will boost revenue

IBISWorld’s Garage Door Installation market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$422m
Annual Growth 12-17
1.4%
Annual Growth 17-22
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Profit
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Employment
1,245
Businesses
898
Industry Analysis & Industry Trends

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... purchase to read more

Industry Report - Industry Investment Chapter

Given the service-based nature of garage door installation, the industry relies most heavily on labor as an input, and thus has a low level of capital intensity. For every dollar spent on labor, the average industry operator will invest nearly $0.03 in capital equipment. The capital requirements needed to enter the industry are low, consisting mainly of funds required to purchase tools (e.g. drills, bits, saws, hammers and ladders). Companies may also purchase trucks to use for hauling garage doors to and from job sites. Capital intensity has remained relatively stable over the period as the cost of tools and equipment required to perform garage door installations has remained virtually unchanged. Capital requirements are anticipated to remain stable over the next five years as well.

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Industry ProductsRelated ReportsTable of Contents

What is the Garage Door Installation Industry?

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.

Industry Products
Manual door installation, door openers and accessoriesAutomatic door installationMaintenance and service work
 
Industry Activities
Installing, repairing and removing residential garage doorsInstalling, repairing and removing commercial garage doorsInstalling, repairing and removing industrial garage doors


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