Prospects garage door industry

The garage door industry in China is currently in a stage of rapid development. Its development prospects can be analyzed from multiple dimensions such as market size, technological trends, policy drivers, and market demand, as follows:

I. Market Size and Growth Potential 
The penetration rate of intelligent products is on the rise. For instance, the market penetration rate of smart garage doors was 15% in 2023 and is expected to reach 25% by 2025. 
Electric garage doors: Dominant (market share exceeded 60% in 2023), expected to reach 65% by 2025. 
Sound-absorbing and light-transmitting garage doors: Benefiting from environmental protection policies, the market size is expected to exceed 80 billion yuan by 2025. 
The growth of residents' income has driven a preference for high-end and intelligent products, such as smart garage doors integrated with facial recognition and fingerprint recognition functions. 
II. Technological Innovation 
Intelligence: Remote control, Internet of Things integration, and smart security (such as facial recognition) have become mainstream trends. 
III. Outlook on Future Trends 
Product direction: Intelligence (remote control, Internet of Things), personalized customization, integration (integration with smart home systems).