Press release
Floating Docks Market to Reach USD 826.34 Mn by 2029, emerging at a CAGR of 6.8 percent and forecast 2023-2029
Floating Docks Market
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What are Floating Docks Market Dynamics:
Numerous governments are investing heavily in the development of new floating docks for naval uses. The Indian Defense Ministry, for example, has granted $ 61 Mn for the New Floating Dock Project, which will be lowered into the Bay of Bengal in the year 2021. Larsen & Toubro, an Indian firm that developed & launched a Floating Dock (FDN-2) for the Indian Navy in the year 2021, was awarded the contract. This was L&T's first foray into naval shipbuilding. It's 185 meters long and 40 meters wide, and it's meant to dock Indian Navy submarines and ships up to 8000 tonnes in displacement. Various governments' new projects have the potential to propel the floating docks market forward during the predicted period.
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Floating Docks Market Regional Insights:
North America: Expected to lead the market by 2029, North America is driven by the replacement of outdated dock systems, enhanced accessibility, and safety features. The region is poised for substantial growth from 2022 to 2029.
APAC Region: Anticipated to grow at a notable CAGR, the Asia-Pacific region benefits from a rapidly expanding shipbuilding sector, with countries like South Korea, China, and Japan leading the way.
What is Floating Docks Market Segmentation:
by Type
• Floating docks
• Metal floating docks
• Wood floating docks
• Plastic floating docks
• Others
by Application
• Residential
• Commercial
• Industrial
• Others
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Who are Floating Docks Market Key Players:
• Meeco Sullivan
• Bellingham Marine
• Jet Dock Systems, Inc.
• Abu Dhabi Ship Building (ADSB)
• OHL (Obrascón Huarte Lain, S.A.)
• Marinetek
• Walcon Marine
• TTS Group ASA
• Damen
• AccuDock
• MariCorp U.S.
• Candock
• EZ Dock
• PMS Dockmarine
• Martini Alfredo
Table of content for the Floating Docks Market includes:
Floating Docks Market: Research Methodology
Floating Docks Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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3.Floating Docks Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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