Global Floating Docks Market- Forecast and Analysis (2020-2027)


Posted October 30, 2020 by mmrseo4

Global Floating Docks Market was valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn by 2027 at a CAGR of 4.6% over the forecast period 2020-2027.
 
Global Floating Docks Market was valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn by 2027 at a CAGR of 4.6% over the forecast period 2020-2027.

Global Floating Docks Market

The report covers an in-depth analysis of COVID 19 pandemic impact on Global Floating Docks Market by region and on the key players revenue affected till July 2020 and expected short term and long-term impact on the market.

Global Floating Docks Market Dynamics

Floating docks or jetties are man-made structures that float on the surface of water and rise & fall with the tide. They are usually supported by plastic or metal pontoons which can be easily assembled and deployed. Floating docks are important as they are beneficial in loading or unloading, repair and maintenance, easier for export and import business. Floating docks are made of three primary components, deck, frame and float. Various factors such as growing marine and offshore activities for adventure and commercial development, growing numbers of offshore boats and vessels, increasing ship repair and maintenance activities across the globe, increasing demand for recreational boating activities in North America are driving the market growth over the forecast period.

However, factors such as stringent government regulations, high costs associated with floating docks, fluctuations in raw material prices of floating docks and lack of universal directives pertaining to use of floating docks are restraining the market growth over the forecast period.

Global Floating Docks Market is segmented by type, by applications and by Region. By Type, plastic floating docks type segment held the highest market share in 2019 and is expected to keep its dominance over the forecast period owing to growing use of plastic material for the construction of floats. Plastic floats are less heavy and cost efficient as compared to other types of floating docks. Plastic floats offer various benefits such as superior resistance to the ultraviolet (UV) light, protection from rodents and excellent impact resistance, and they offer high chemical resistance and good operational efficiency, due to these benefits they are widely used in floating docks. Plastic floating docks type segment is followed by Metal floating docks and Wood floating docks wit xx% and xx% of market share over the forecast period. By application, commercial application segment held the highest market share in 2019 and is expected to keep its dominance over the forecast period owing to increase in the number of marine business. Floating docks are widely used for various commercial purposes such as restaurants, hotels, resorts, housing projects, camps.

By geography, global floating docks market is segmented into North America, APAC, Europe, and MEA& Africa. Among these, North America held the highest market share in 2019 and is expected to keep its dominance over the forecast period. The United States and Canada has presence of many small boats, yachts, and commercial vessels. Factors such as ability of floating docks to replace old dock systems and ease of accessibility & safety provided by floating docks are driving the market growth in North American region. APAC is expected to hold the second largest market share over the forecast period owing to rapidly expanding ship building industry in this region. Various APAC countries such as South Korea, China, and Japan are the hubs of ship building. Many governments in this region are investing heavily in shipbuilding sector, which is expected to create lucrative opportunities for market over the forecast period.

Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.

The objective of the report is to present a comprehensive analysis of Global Floating Docks Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Floating Docks Market dynamics, structure by analyzing the market segments and project Global Floating Docks Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Floating Docks Market the report investor’s guide.
Scope of Global Floating Docks Market

Global Floating Docks Market Segmentation by Type

• Floating docks
• Metal floating docks
• Wood floating docks
• Plastic floating docks
• Others
Global Floating Docks Market Segmentation by Application

• Residential
• Commercial
• Industrial
• others
Global Floating Docks Market Segmentation by Region

• North America
• APAC
• Europe
• MEA& Africa
• South Africa
Global Floating Docks Market Major Player

• 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

https://www.maximizemarketresearch.com/market-report/global-floating-docks-market/71819/
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Last Updated October 30, 2020