Press release
Floating Docks Market to Reach USD 826.34Mn by 2029, emerging at a CAGR of 6.8 percent and forecast 2023-2029
Floating Docks Market
To provide comprehensive insights, our research methodology includes a thorough analysis of market segments, key players, and competitive strategies. A detailed study of market trends, coupled with a blend of quantitative and qualitative data, forms the basis of our findings.
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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.
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Floating Docks Market Regional Insights:
During the forecast period (2022-2029), North America is expected to dominate the market, driven by the replacement of outdated dock systems and the rising demand for safety and accessibility. Meanwhile, the Asia-Pacific (APAC) region, with a burgeoning shipbuilding sector, is forecasted to grow at a significant CAGR, offering lucrative opportunities.
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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
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
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Table of content for the Floating Docks Market includes:
Global Floating Docks Market: Research Methodology
Global 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
3.Global 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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