Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Docks Market Size, Share & Trends Analysis Report by Material (Wood, Metal, Plastic & Composites, Concrete), by Frame Material (Wood, Metal, Plastic & Composites, Concrete), by Application, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global docks market size is expected to reach USD 2.3 billion by 2030. The market is expected to expand at a CAGR of 3.4% from 2022 to 2030.
Companies Mentioned
- Bellingham Marine
- Marinetek
- Accudock
- Maricorp U.S
- Pms Dockmarine
- Martini Alfredo
- Transpac Marinas Inc.
- Ingemar
- Meeco Sullivan
- Jet Dock Systems, Inc.
- Walcon Marine
- Candock
- Ez Dock
- Damen
- Great Northern Docks
The rising structure demand as the governing bodies of various economies is conducting redevelopment of waterfronts to maximize their value for both business and community, which is expected to propel market growth.
Additionally, the constantly rising global population is indirectly leading to the scarcity of space in the existing urban ports leading to market demand for increasing the space productivity within a port.
One of the Norway-based engineering firms has developed smart application software to reduce the risk of accidents using an IoT platform. The newly developed technology makes use of hi-tech sensors to real-time monitor the operating states of floating docks from virtually anywhere. This newly developed application software shows the water levels across different tanks and other operating parameters for the docks which will increase the market for docks.
The Governmental permits are needed on the size of the dock, type of dock, and the type of natural resources that might get affected such as mangroves, corals, hard bottoms, and seagrass. The prohibitions are enforced on the harmful chemicals used for docks which may disturb the marine ecosystem. Lastly, some other restrictions might be added to control the type of dock being placed on the property.
The installation of docks is offered directly by the company-appointed contractors or distributors. However, the companies also offer a product suitable for DIY installations. In addition, the manufacturers also offer repair and maintenance services for the docks. The conventional port world is constantly changing, the technological, demographical, and sustainability drivers are affecting the daily business and are shaping several important trends which is also expected to drive the demand for docks market during the forecast period.
The global temperature rise is expected to make the transpolar passage and the Northern Sea Route could become potential alternatives for maritime freight. The use of the Northern Sea Route for maritime freight between Asia and Northern Europe is expected to reduce the voyage distance when compared with the Suez Canal route.
Docks Market Report Highlights
- The metal frame segment accounted for a market share of 52.0% in 2021, owing to the increasing demand for aluminum frame docks. Docks with aluminum frame are highly preferred by lakefront home or business owner as it offers strength as well as improve the aesthetic profile of the property where the dock is installed
- The commercial application segment dominated the market in 2021 and is estimated to generate revenue of USD 1.1 billion by 2030, owing to the endless commercial applications for floating docks, however, they are commonly used at settings such as waterfront resorts and marinas
- The market in North America is anticipated to witness a CAGR of 2.8% from 2022 to 2030 on account of increased users indulging in outdoor recreational activities that incorporate social distancing due to the pandemic. This will enhance the docks market within the region
- The U.S. market is projected to witness strong growth over the forecast period and reach a market value of USD 0.68 billion in 2030 on account of the rise in the use of shipping for the movement of products and goods across regions. Additionally, space productivity is expected to lead to waterfront redevelopment activities thus positively influencing the docks market
- The docks market is competitive in nature owing to the presence of several players that are primarily consolidated in the Asia Pacific and North America, whereas Europe exhibits a limited presence of established players. The changing lifestyle needs of the population, especially the younger section, towards activities such as adventure sports has also led to the rise in the use of boats and ships. This has also led to an increase in the use of floating docks across the globe
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 198 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.73 Billion |
| Forecasted Market Value (USD) by 2030 | $2.3 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Docks Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Penetration & Growth Prospects Mapping
3.3 Docks - Value Chain Analysis
3.4 Regulatory Framework
3.5 Technology Overview
3.6 Docks - Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market Restraint Analysis
3.7 Market Opportunity Analysis
3.8 Market Industry Challenges
3.8.1 High Degree Of Competition
3.8.2 Stringent Regulation
3.9 Docks - Porter's Analysis
3.10 Docks - PESTEL Analysis
3.11 Major Deals & Strategic Alliance
Chapter 4 Docks: Material Estimates & Trend Analysis
4.1 Docks - Material Movement Analysis, 2021 & 2030
4.1.1 Wood
4.1.1.1 Wood Docks market estimates and forecasts, 2021 - 2030 (USD Million)
4.1.2 Metal
4.1.2.1 Metal Docks market estimates and forecasts, 2021 - 2030 (USD Million)
4.1.3 Plastic & Composites
4.1.3.1 Plastic & Composites Docks market estimates and forecasts, 2021 - 2030 (USD Million)
4.1.4 Concrete
4.1.4.1 Concrete Docks market estimates and forecasts, 2021 - 2030 (USD Million)
Chapter 5 Docks: Frame Material Estimates & Trend Analysis
5.1 Docks - Frame Material Movement Analysis, 2021 & 2030
5.1.1 Wood
5.1.1.1 Wood Docks market estimates and forecasts, 2021 - 2030 (USD Million)
5.1.2 Metal
5.1.2.1 Metal Docks market estimates and forecasts, 2021 - 2030 (USD Million)
5.1.3 Plastic & Composites
5.1.3.1 Plastic & Composites Docks market estimates and forecasts, 2021 - 2030 (USD Million)
5.1.4 Concrete
5.1.4.1 Concrete Docks market estimates and forecasts, 2021 - 2030 (USD Million)
Chapter 6 Docks: Application Estimates & Trend Analysis
6.1 Docks - Application Movement Analysis, 2021 & 2030
6.1.1 Residential
6.1.1.1 Residential Docks market estimates and forecasts, 2021 - 2030 (USD Million)
6.1.2 Commercial
6.1.2.1 Commercial Docks market estimates and forecasts, 2021 - 2030 (USD Million)
6.1.3 Industrial
6.1.3.1 Industrial Docks market estimates and forecasts, 2021 - 2030 (USD Million)
6.1.4 Institutional
6.1.4.1 Institutional Docks market estimates and forecasts, 2021 - 2030 (USD Million)
Chapter 7 Docks: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
8.1 Key global players & recent developments & their impact on the industry
8.2 Vendor Landscape
8.2.1 List of key distributors and channel partners
8.3 Competition categorization
8.3.1 Competitive Analysis
8.3.2 Company Categorization (Market Leaders, Emerging Players, Key Innovators)
8.4 Private Companies
8.4.1 List of Key Emerging Companies and Geographical Presence
8.4.2 Company Market Position Analysis
Chapter 9 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/n49ycx
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