Global Docks Market Size to Reach USD 2.38 Billion in 2032 | Emergen Research
Rising demand for activities, such as boating, water sports, and fishing, among others is a key factor driving docks market revenue growth
Vancouver, Sept. 06, 2023 (GLOBE NEWSWIRE) — The global docks market size is expected to reach USD 2.38 Billion in 2032 a steady revenue CAGR of 3.5% during the forecast period, according to latest analysis by Emergen Research. Increasing movement of marine vessels resulting in rising usage of floating docks is primary key factor driving market revenue growth. Floating docks are an ideal choice for areas where water levels fluctuate a lot since these can adjust to changing water conditions and allow safe and constant access to the boat. According to the Federal Emergency Management Agency (FEMA), layout of floating docks makes these docks less vulnerable to damage during extreme weather such as hurricanes. In addition, these are easy to install and less expensive since floating docks do not require pilings or substructures for support, which is another key factor driving revenue growth of the market.
To obtain all-inclusive information on forecast analysis of global Docks Market, request a PDF brochure here @ https://www.emergenresearch.com/request-sample/2262
Moreover, rising waterfront residential and commercial development is also expected to drive market revenue growth during the forecast period. Need for docking options that allow simple access to water-based activities is increasing as more properties are built around coastlines, lakes, and rivers. Floating docks are weather and water-resistant, which are an excellent solution for places where water levels fluctuate drastically. However, floating docks may be damaged if water levels fall too low, exposing them to the ground, which could restrain market revenue growth. The stability of floating docks may be impaired under rough weather situations, making it difficult for users to access or use them securely.
Scope of Research
Report Details | Outcome |
Market Size in 2022 | USD 1.69 Billion |
CAGR (2023–2032) | 3.5% |
Revenue Forecast To 2032 | USD 2.38 Billion |
Base Year For Estimation | 2022 |
Historical Data | 2019–2021 |
Forecast Period | 2023–2032 |
Quantitative Units | Revenue in USD Billion and CAGR in % from 2023 to 2032 |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered | Material, type, application, and region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa |
Key Companies Profiled | Bellingham Marine Industries, Marinetek, AccuDock, Maricorp U.S, PMS DOCKMARINE, Martini Alfredo S.p.A., TRANSPAC MARINAS, INC., Ingemar, Meeco Sulliva, and Jet Dock Systems, Inc. |
Customization Scope | 10 hours of free customization and expert consultation |
Click to Purchase this Report at an Exclusively Discounted Rate @ https://www.emergenresearch.com/request-discount/2262
Major Companies and Competitive Landscape
The global docks market is fragmented with large and medium-sized market players accounting for the majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective in the market. Some major players included in the market report are:
- Bellingham Marine Industries
- Marinetek
- AccuDock
- Maricorp U.S.
- PMS DOCKMARINE
- Martini Alfredo S.p.A.
- TRANSPAC MARINAS, INC.
- Ingemar
- Meeco Sulliva
- Jet Dock Systems, Inc.
Strategic Development
- On 29 December 2022, Jet Dock Systems, a global leader in the design and construction of modular docking systems, equipped the Tri CLE Rock Roll Run multi-sport event with a launch and recovery system. This bespoke floating dock, built with Jet Dock’s proprietary technology, provided athletes with easy access to Lake Erie for the swim leg of the Olympic triathlon and other events.
Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/2262
Some Key Highlights From the Report
- The plastic & composites segment accounted for largest revenue share in the global docks market in 2022. This is because dock is made of high-quality polyethylene, which is a durable, adaptable, and lightweight polymer. Polyethylene docks do not bend, rust, or dent and can withstand extreme weather conditions if properly anchored. In addition, if a section breaks, it is simple to repair without having to disassemble the entire dock system. Furthermore, plastic decking and docks are durable and transportable, giving them great value, which is also expected to drive revenue growth of this segment.
- The fixed docks segment is expected to register steadily fast revenue growth rate in the global docks market during the forecast period. This is because fixed docks are perfect for usage in high-traffic areas because these are unaffected by maritime activities and movement. To keep the boat in place, these are fixed or anchored underwater with piling. In addition, these are built to endure the forces of water currents, waves, and weather, making them dependable and safe. Fixed docks are often made of strong materials such as steel, concrete, or treated lumber. These materials were chosen for their capacity to withstand the corrosive effects of water and the elements, resulting in long-term durability and low maintenance requirements.
- The residential segment is expected to account for significantly large revenue share in the global docks market during the forecast period. This is because residential floating docks offer a tranquil atmosphere and are a perfect place to relax and enjoy the water. Residential floating docks provide various advantages to waterfront property owners. In addition, these are designed to rise and fall with the tides, making them a good alternative for locations with frequent tide fluctuations. Furthermore, these may be customized with various materials, finishes, and accessories to match personal preferences and mix in with the surroundings, which is also expected to drive revenue growth of this segment during the forecast period.
Check Global Docks Market Research Report in Detail @ https://www.emergenresearch.com/industry-report/docks-market
For the purpose of this report, Emergen Research has segmented the global docks market on the basis of material, type, application, and region:
- Material Outlook (Revenue, USD Billion; 2019–2032)
- Wood
- Metal
- Plastic & Composites
- Concrete
- Type Outlook (Revenue, USD Billion; 2019–2032)
- Fixed Docks
- Floating Docks
- Application Outlook (Revenue, USD Billion; 2019–2032)
- Residential
- Commercial
- Industrial
- Institutional
- Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of Middle East & Africa
- North America
Curated Reports You Shouldn’t Miss: Dive In Now!
Acoustic Insulation Market By Type (Glass Wool, Rock Wool, Foamed Plastics, and Elastomeric), By End-Use (Building & Construction, Transportation, Oil & Gas, Petrochemical, Energy and Utilities, Industrial, and OEM), and By Region Forecast to 2030
Agricultural Pheromones Market By Product Type, By Application Mode, By Function, By Crop Type, Forecasts to 2027
Sodium Dichromate Market By Product Type, By Distribution Channel, By Application, Forecasts to 2027
Flame Retardant Plastics Market By Polymer Type, By Polymer Group, By Application, Forecasts to 2027
Liquid Hydrogen Market By Method (Electrolysis, Steam Reforming, Coal Gasification, Others), By Distribution (Pipelines, Cryogenic liquid tankers), By End-Use (Automotive, Chemical, Aerospace, Electronics), By Region Forecasts to 2027
Soil Stabilization Market By Application (Agriculture, Industrial, Non-Agriculture), By Method (Chemical, Mechanical), By Additive (Mineral & Stabilizing agents, Polymers), Forecasts to 2027
Adhesives & Sealants Market By Adhesive Formulating Technology (Water-based, Solvent-based, Hot melt), By Adhesive Application (Paper & Packaging, Building & Construction, Woodworking), By Resin Type (Silicone, Polyurethane, Plastisol), By Resin Application, and By Region, Forecasts To 2027
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com/
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights
Read our Press Release @ https://www.emergenresearch.com/press-release/global-docks-market