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Docks Construction Global Market Report 2024 - By Size, Share, Growth And Trends, Outlook By 2033
Docks Construction Market
As per the report, the docks construction market size has grown steadily in recent years. It will grow from $10.39 billion in 2023 to $10.73 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. 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%.
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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.
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.
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
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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. .
Contents of the report:
1. Executive Summary
2. Docks Construction Market Report Structure
3. Docks Construction Market Trends And Strategies
4. Docks Construction Market - Macro Economic Scenario
5. Docks Construction Market Size And Growth
…..
27. Docks Construction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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