Global Floating Docks and Drive-On Boat Lifts Market Expected to Reach USD 534 Million By 2027

Facts and Factors Market Research has published a new report titled "Floating Docks and Drive-On Boat Lifts Market By Product Type (Concrete Floating Dock, Plastic Floating Dock, Wood Floating Dock, and Metal Floating Dock) and By Application (Residential and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2027". According to the report, the global Floating Docks and Drive-On Boat Lifts market is predicted to be valued at approximately USD 378 million in 2018 and is expected to reach a value of around USD 534 million by 2027, at a CAGR of around 3.8 % between 2019 and 2027.

The floating dock is referred to as dry docks. Floating dock was first launched in the nineties and gained huge popularity as a result of provisions or standards and strength. The product raises a vessel out of the water and serves as a dry dock. Moreover, floating docks are submersible floating structures that are utilized for entering & docking of the water vessel like a ship.

Request Free Sample Copy of Research Report @ http://bit.ly/38vH3Nl

(May I send you a free copy? The sample of this report is readily available on request. Free report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology)

On the other hand, drive-on boat lifts are utilized for lifting the boat or a ship from the water bodies for the purpose of repairing. Today, there are myriad kinds of floating docks and drive-on boat lifts that are utilized for various applications.

Easy availability of the floating docks and drive-on boat lifts to steer the market expansion

The growth of the floating docks and drive-on boat lifts industry during the forecast timeline is owing to easy access to the product. Moreover, the product helps the boat in and out of the water with ease & comfort. In addition to this, the floating dock provides easy docks for storage, access, and safety of your boat.

Furthermore, the floating docks can be pulled away onto the location before the occurrence of the major storms or at the time of cold weather. Apart from this, they can be easily removed and stored. All these factors are expected to steer the growth of the industry over the forecast timeline.

Inquire more about this report before purchase @ http://bit.ly/30Ni857

(You may enquire a report quote OR available discount offers to our sales team before purchase.)

Moreover, its cost-effectiveness as compared to wet docks makes it more preferred over the latter. In addition to this, floating docks helps in keeping the boat safe & dry while not in use with floats adjusting to lower or higher water conditions. Nevertheless, with floating docks not fit or apt for heavy loading as well as unloading it is likely to create barriers to the growth of the industry over the forecast period. However, massive new developments witnessed across the marine sector will boost the growth of the market and will annul the impact of hindrances on the market.

Metal floating dock to lead the product type segment by 2027 in terms of earnings

The growth of the metal floating dock segment during the forecast timeline is owing to the exceptional features of the metals. Moreover, aluminum and steel are the best materials that find lucrative applications in the production of water vessels like ships as well as marine ports across the marine sector. Apart from this, metals are cost-effective and are the best-fit or best-suited alternative over wood.

Commercial segment to dominate the application landscape by 2027

The growth of the segment during the forecast timeline is credited to the easy availability of myriad commercial dock designs for public ventures as well as lower scale ventures for businesses including restaurants & marine-based services.

Request customized copy of report @ http://bit.ly/2sUotPU

(We customize your report according to your research need. Ask our sales team for report customization)

North America to contribute a major market revenue share by 2027

The regional market growth over the forecast timeline is credited to huge demand along with a high acceptance rate of customized docks for marine security in countries like the U.S.

Some of the major players in the business include HydroHoist Marine Group, Meeco Sullivan, AccuDock, BELLINGHAM MARINE, MariCorp, Jetfloat, Candock, Wahoo Docks, Carolina Waterworks, Inc., Basta Boatlifts, CUBISYSTEM, SF Marina Systems,Dock Blocks, EZ Dock, Sunstream Boat Lifts, Flotation Systems Inc., Ingemar, JetDock Systems, Inc., Marine IP Ltd. (VersaDock), Technomarine, Marinetek, Martini Alfredo, PMS Dockmarine, Pontech, Shenzhen Blue Ocean Engineering Co., Ltd., and Walcon Marine Ltd.

This report segments the Floating Docks and Drive-On Boat Lifts market as follows:

Floating Docks and Drive-On Boat Lifts Market: By Product Type Analysis

Concrete Floating Dock
Wood Floating Dock
Metal Floating Dock
Plastic Floating Dock

Floating Docks and Drive-On Boat Lifts Market: By Application Analysis

Residential
Commercial

Floating Docks and Drive-On Boat Lifts Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

This release was published on openPR.