Boat docks and lifts market size to grow by USD 299.78 million between 2022 and 2027; North America to account for 42% of the market growth – Technavio

NEW YORK, April 20, 2023 /PRNewswire/ — The boat docks and lifts market size is expected to grow by USD 299.78 million between 2022 and 2027, progressing at a CAGR of 5.09% as per the latest Technavio market research report. North America is going to have lucrative growth during the forecast period. The region will account for 42% of the market growth during the forecast period. The regional market is driven by the increasing number of oaters taking up recreational boating as an experience over boat ownership. In addition, technological innovations such as the adoption of remote controls in lifts and the incorporation of eco-friendly materials in the construction of docks have been crucial in driving the growth of the regional market. Also, positive economic growth in the US, increasing consumer confidence, and technological innovations by boat manufacturers are driving the growth of the boat docks and lifts market in North America. For more key insights on the market share of various regions and more – Download sample report in MINUTES

Boat Docks and Lifts Market: Increasing customer engagement in marina and recreational boating activities to drive growth

Owning and maintaining a leisure boat is very expensive. Hence, people belonging to mid-level and low-level annual income are shifting from the concept of boat ownership to boating experiences offered by company-operated boating services. This has led to an increased demand for leisure boats. In addition, the increased consumer shift toward marinas has further increased the demand for boat docks and lifts. Furthermore, the rapid growth of the millennial population and growing disposable income have increased the popularity of adventure tourism. All these factors are driving the growth of the global boat docks and lifts market.

Boat Docks and Lifts Market: Rising demand for advanced boat docks and lifts identified as key trend

With the increasing global demand for boat docks and lifts, vendors are focused on launching new and innovative products. For instance, in 2021, Sunstream Boat Lifts launched the SunLift SLX Series, a free-standing hydraulic boat lift. It is backed with attractive features, such as clean design, next-generation frame, adjustable width bunks, stainless steel cylinders and hoses, high lifting range, and is suited for water depths of zero inches under the hull or skeg. The SunLift SLX also includes stainless steel cylinders, chew-proof stainless braid hoses, Sunstream’s patented cylinder boot, lubricated bronze bushings, and rubber-capped aluminum SuperBunks. Similarly, in December 2020, ShoreMaster LLC launched its latest low-maintenance hydraulic lift model, TruLift. The product offers superior reliability, premium performance, and convenience. Such innovative product launches will positively influence market growth during the forecast period.

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Some of the key Boat Docks and Lifts Market Players:

The boat docks and lifts market is fragmented with the presence of many players. The market comprises leading vendors that are involved in the designing and manufacturing of boat docks and lifts for residential and commercial applications. Most of the vendors have manufacturing bases and facilities in Western developed countries, especially in Europe and North America. The vendors are incorporating advanced technologies in boat docks and lifts to increase their value proposition. They are using advanced polymers for the construction of docks to minimize the environmental impact. Some of the key vendors covered in the report include:

• AirBerth Marketing PTY LTD. – The company offers boat docks and lifts such as M430 and M1000.
• Alutrack Oy – The company offers boat docks and lifts such as large boat docks, light boat docks, and small boat docks.
• Aqua Boat Lifts – The company offers boat docks and lifts such as pontoon lifts.
• Basta Boatlifts – The company offers boat docks and lifts such as Hydraulic Boat Lift Aluminium, Hydraulic Boat Lift Steel, and PWC Lifts.
• Boat Lift US Inc.
• DECO Boat Lifts
• Dolphin Boat Lifts Inc.
• FLOE International Inc.
• Golden Manufacturing Inc.
• Hi Tide Boat Lifts
• IMM Quality Boat Lifts
• ItaliaMarine
• Jetdock Systems Inc.
• Marine Master Boat Lifts and Docks
• Midwest Industries Inc.
• NuCraft Metal Products
• RGC Products
• Sunstream Corp.
• Waterfront Brands

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Boat Docks And Lifts Market: Segmentation Analysis

This market research report segments the boat docks and lifts market by application (commercial and household), type (boat docks and boat lifts), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

The market growth in the commercial segment will be significant over the forecast period. The segment is driven by the increased demand for commercial boat docks and lifts in marinas, restaurants, hotels, resorts, housing developments, and sailing and rowing businesses. In addition, the rise in the demand for yachts and boats and the expansion of the HNWI population in developing regions such as APAC will drive the growth of the segment.

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Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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The luxury yacht market is estimated to grow at a CAGR of 11.26% between 2022 and 2027. The size of the market is forecast to increase by 366 thousand units. The market is segmented by type (sail yachts and motor yachts), application (commercial and private), and geography (Europe, APAC, North America, South America, and Middle East and Africa).

The leisure boat market size is estimated to grow at a CAGR of 5.66% between 2022 and 2027, and the size of the market is forecast to increase by USD 22,154.06 million. The market is segmented by product (leisure boat accessories, leisure boat motors, and leisure boat building), propulsion (diesel, gas, hybrid, and sail drive), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global boat docks and lifts market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global boat docks and lifts market 2017 – 2021 ($ million)

• 4.2 By Application Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – By Application Segment 2017 – 2021 ($ million)

• 4.3 By Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – By Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Commercial – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Commercial – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Commercial – Year-over-year growth 2022-2027 (%)

• 6.4 Household – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Household – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Household – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Household – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Household – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)
• Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 44: Chart on Type – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 Boat docks – Market size and forecast 2022-2027 
• Exhibit 48: Chart on Boat docks – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Boat docks – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Boat docks – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Boat docks – Year-over-year growth 2022-2027 (%)

• 7.4 Boat lifts – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Boat lifts – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Boat lifts – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Boat lifts – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Boat lifts – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 56: Market opportunity by Type ($ million)
• Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 63: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 75: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 83: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 Italy – Market size and forecast 2022-2027 
• Exhibit 87: Chart on Italy – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Italy – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Italy – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Italy – Year-over-year growth 2022-2027 (%)

• 9.10 Canada – Market size and forecast 2022-2027 
• Exhibit 91: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.11 UK – Market size and forecast 2022-2027 
• Exhibit 95: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.12 Germany – Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 A Laiturit Oy
• Exhibit 111: A Laiturit Oy – Overview
• Exhibit 112: A Laiturit Oy – Product / Service
• Exhibit 113: A Laiturit Oy – Key offerings

• 12.4 AirBerth Marketing PTY LTD. 
• Exhibit 114: AirBerth Marketing PTY LTD. – Overview
• Exhibit 115: AirBerth Marketing PTY LTD. – Product / Service
• Exhibit 116: AirBerth Marketing PTY LTD. – Key offerings

• 12.5 Alutrack Oy
• Exhibit 117: Alutrack Oy – Overview
• Exhibit 118: Alutrack Oy – Product / Service
• Exhibit 119: Alutrack Oy – Key offerings

• 12.6 Aqua Boat Lifts
• Exhibit 120: Aqua Boat Lifts – Overview
• Exhibit 121: Aqua Boat Lifts – Product / Service
• Exhibit 122: Aqua Boat Lifts – Key offerings

• 12.7 Basta Boatlifts
• Exhibit 123: Basta Boatlifts – Overview
• Exhibit 124: Basta Boatlifts – Product / Service
• Exhibit 125: Basta Boatlifts – Key offerings

• 12.8 Boat Lift US Inc.
• Exhibit 126: Boat Lift US Inc. – Overview
• Exhibit 127: Boat Lift US Inc. – Product / Service
• Exhibit 128: Boat Lift US Inc. – Key offerings

• 12.9 DECO Boat Lifts
• Exhibit 129: DECO Boat Lifts – Overview
• Exhibit 130: DECO Boat Lifts – Product / Service
• Exhibit 131: DECO Boat Lifts – Key offerings

• 12.10 Dolphin Boat Lifts Inc. 
• Exhibit 132: Dolphin Boat Lifts Inc. – Overview
• Exhibit 133: Dolphin Boat Lifts Inc. – Product / Service
• Exhibit 134: Dolphin Boat Lifts Inc. – Key offerings

• 12.11 FLOE International Inc. 
• Exhibit 135: FLOE International Inc. – Overview
• Exhibit 136: FLOE International Inc. – Product / Service
• Exhibit 137: FLOE International Inc. – Key offerings

• 12.12 Golden Manufacturing Inc. 
• Exhibit 138: Golden Manufacturing Inc. – Overview
• Exhibit 139: Golden Manufacturing Inc. – Product / Service
• Exhibit 140: Golden Manufacturing Inc. – Key offerings

• 12.13 Hi Tide Boat Lifts
• Exhibit 141: Hi Tide Boat Lifts – Overview
• Exhibit 142: Hi Tide Boat Lifts – Product / Service
• Exhibit 143: Hi Tide Boat Lifts – Key offerings

• 12.14 IMM Quality Boat Lifts 
• Exhibit 144: IMM Quality Boat Lifts – Overview
• Exhibit 145: IMM Quality Boat Lifts – Product / Service
• Exhibit 146: IMM Quality Boat Lifts – Key offerings

• 12.15 ItaliaMarine
• Exhibit 147: ItaliaMarine – Overview
• Exhibit 148: ItaliaMarine – Product / Service
• Exhibit 149: ItaliaMarine – Key offerings

• 12.16 Marine Master Boat Lifts and Docks 
• Exhibit 150: Marine Master Boat Lifts and Docks – Overview
• Exhibit 151: Marine Master Boat Lifts and Docks – Product / Service
• Exhibit 152: Marine Master Boat Lifts and Docks – Key offerings

• 12.17 Midwest Industries Inc. 
• Exhibit 153: Midwest Industries Inc. – Overview
• Exhibit 154: Midwest Industries Inc. – Product / Service
• Exhibit 155: Midwest Industries Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 156: Inclusions checklist
• Exhibit 157: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 158: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 159: Research methodology
• Exhibit 160: Validation techniques employed for market sizing
• Exhibit 161: Information sources

• 13.5 List of abbreviations 
• Exhibit 162: List of abbreviations

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