Docks Construction Market 2024: Global Growth, Trends And Forecast To 2033
The Docks Construction by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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https://www.thebusinessresearchcompany.com/report/docks-construction-global-market-report
According to The Business Research Company’s Docks Construction, 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 growth in the historic period can be
attributed to marine industry growth, waterfront property development, boating
and recreational trends, fishing and aquaculture operations, tourism and
waterfront attractions.
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.
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.
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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
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 Report Table Of Contents Includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
………..
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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