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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