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Docks Construction Global Market By Leading Key Players Projected to Reach $11.89 Billion By 2033 | MariCorp US LLC, Meeco Sullivan, Marinetek Industries Inc., Accudock Systems Inc., PMS Dockmarine Inc.
Docks Construction Global Market
The docks construction market size is expected to see steady growth in the next few years. It will grow to $11.89 billion in 2028 at a compound annual growth rate (CAGR) of 2.6%. The growth in the forecast period can be attributed to sustainable waterfront development, climate change adaptation, increased leisure boating, technological integration in marine operations, coastal infrastructure investments.. Major trends in the forecast period include accessibility features, resilient design for climate change, modular and expandable systems, green infrastructure integration, local regulations compliance..
Market Overview -
Dock construction refers to the building of a structure that is built out over the water in a port along which ships can land to load and unload or the enclosed area of water between two such structures. They are used to provide access to water for watercraft.
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The Surge In Maritime Shipping Drives Growth In Docks Construction Market
Increasing maritime shipping is expected to propel the docks construction market going forward. Maritime shipping refers to the transportation method that uses water to move products from one location to another. Pre- and post-shipping operations for the transportation of goods and people are included in maritime shipping. Docks are used for repairing and cleaning a ship and loading and unloading cargo in maritime shipping, so an increase in maritime shipping will propel market growth. For instance, in 2021, according to the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization that promotes the interests of world trade, global maritime shipments increased by an estimated 3.2% to reach 11 billion tons and Asia was the leading maritime cargo handling center, which accounted for 42% of goods loaded and 64% of those unloaded in 2021. Therefore, the increasing maritime shipping is driving the docks construction market.
Competitive Landscape -
Major companies operating in the docks construction market report are Bellingham Marine Industries Inc., MariCorp US LLC, Meeco Sullivan, Marinetek Industries Inc., Accudock Systems Inc., PMS Dockmarine Inc., Martini Alfredo S.p.A., Transpac Marinas Inc., Ingemar S.R.L., Jet Dock Systems Inc., Walcon Marine Ltd., CanDock Inc., EZ Dock Inc., Damen Shipyards Group, Great Northern Docks Inc., Aquamarine Technologies LLC, AQUAMOD LTD., Coastal Marine Composites Inc., Composite Structures Inc., Dock Marine Europe B.V., FINGERDOCK SA, FloatOn Docks Inc., Floe International Inc., Frontier Marine Systems Inc., Garland Marine Inc., Hisea Dock Co. Ltd., HydraDock Inc., Metal Craft Marine Inc., Moduline Docks Inc., ShoreMaster Inc. .
Paradise Dock And Lift Introduces Revolutionary Hydraulic Boat Lift To Transform Docks Construction Market
Product innovations are a key trend gaining popularity in the docks construction market. Major companies operating in the docks construction market are focused on developing new innovative products to strengthen their market position. For instance, in October 2022, Paradise Dock & Lift Inc., a Canada-based manufacturer of high-quality modular docking systems, launched the Hydraulic Boat Lift, a uniquely designed boat lift with capacities ranging from 2,000 to 20,000 pounds and the highest quality with robust features. It has a remote-controlled operation and operates with an independent, solar-charged power pack. It is made of heavy-duty, marine-grade aluminum with a 4', 5', or 6' lifting range.
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Key Segments -
The docks construction market covered in this report is segmented -
1) By Material: Wood, Metal, Plastic And Composites, Concrete
2) By Operation: Conventional, Automatic
3) By Application: Residential, Commercial, Industrial, Institutional
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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