Market Overview:
The global boat davits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for boats and rising popularity of water sports. The global boat davits market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into H-bar design, X-bar design, heavy design, and others. On the basis of application, the market is segmented into sailboat, powerboat dinghy,, and others. The sailboat segment accounts for a major share in terms of revenue in this market owing to its high adoption rate across regions.
Product Definition:
Boat Davits are a piece of equipment that is used to store and launch a boat. They are typically made of metal or wood and consist of two arms that extend out from the side of the boat. The boat is then placed on top of the arms and secured in place. This allows for easy access to the water and makes it easier to launch the boat than if it was stored on deck. Boat davits can also be used as a lifting mechanism to raise and lower heavy objects such as an anchor or dock lines.
H-bar Design:
H-bar design is a structural element of Davit. It’s the most important part as it provides stability to the system and prevents it from collapsing or being pushed over by wind or water pressure. The shape of H-bar is determined based on its application in davits, pulleys & winches, capstans, hoistway doors and other components that require vertical support at both ends.
X-bar Design:
The X-bar design is a structural element of the boat Davits. It is an elongated horizontal bar with a crossbar at its midpoint. The shape provides strength to the davit and also makes it easier to raise and lower than other designs.
The primary benefit of this design is that it reduces stress concentrations in critical areas, which helps increase overall life expectancy of components such as hinges, arms, slides, etc.
Application Insights:
Sailboat application is expected to dominate the market with a revenue share of over 40% in 2017. The demand for davits on sailboats has been growing steadily owing to the rising number of enthusiasts who prefer spending their vacation cruising across oceans and seas. Moreover, increasing focus on luxury yacht chartering by individuals as part of an adventure travel experience is further anticipated to fuel product demand during the forecast period.
Powerboating is also one of the major applications that contributes significantly towards overall industry growth. Increasing disposable income levels coupled with recreational activities such as fishing and waterskiing have resulted in increased powerboating activities at a domestic level across various regions globally, which has subsequently led to an increase in demand for davits from this segment over recent years. In addition, factors such as favorable government policies aimed at encouraging marine recreation are likely to boost product sales within this segment further during future periods.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030 owing to increasing trade activities across the globe. The region has witnessed significant growth in recent years with an increase in foreign direct investments and tourism activities. Countries such as China and Japan are among the most popular tourist destinations for domestic and international travelers alike. This scenario is projected to drive demand for recreational boats including powerboats, sailboats, etc.
North America accounted for over 25% of global revenue share in 2017 owing to high disposable income levels coupled with growing popularity of water sports & fishing activities within U.S.
Growth Factors:
- Increasing demand for boats and yacht from the luxury segment is expected to drive the growth of boat davits market.
- Growing popularity of water sports and increasing number of boating enthusiasts are some other factors that are anticipated to fuel the demand for boat davits market in near future.
- Rising disposable income of consumers coupled with growing trend of spending on leisure activities is another key factor that is projected to boost the growth Boat Davits market during forecast period.
- Technological advancements in boat davit systems is another major factor that is estimated to propel the growth Boat Davits market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Davits Market Research Report
By Type
H-bar Design, X-bar Design, Heavy Design, Others
By Application
Sailboat, Powerboat, Dinghy, Others
By Companies
Forespar (US), FGM Technology (Italy), Tecnometalli (Italy), Hi-Tide (US), Magnum (US), Spencer Carter (UK), Lunmar Boat Lifts (US), Boat Lift Warehouse (US), Davit Master (US), Kato Marine (US), Forespar (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Boat Davits Market Report Segments:
The global Boat Davits market is segmented on the basis of:
Types
H-bar Design, X-bar Design, Heavy Design, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sailboat, Powerboat, Dinghy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Forespar (US)
- FGM Technology (Italy)
- Tecnometalli (Italy)
- Hi-Tide (US)
- Magnum (US)
- Spencer Carter (UK)
- Lunmar Boat Lifts (US)
- Boat Lift Warehouse (US)
- Davit Master (US)
- Kato Marine (US)
- Forespar (US)
Highlights of The Boat Davits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- H-bar Design
- X-bar Design
- Heavy Design
- Others
- By Application:
- Sailboat
- Powerboat
- Dinghy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Boat Davits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A boat davits is a system of ropes and pulleys used to raise or lower boats from the water.
Some of the major companies in the boat davits market are Forespar (US), FGM Technology (Italy), Tecnometalli (Italy), Hi-Tide (US), Magnum (US), Spencer Carter (UK), Lunmar Boat Lifts (US), Boat Lift Warehouse (US), Davit Master (US), Kato Marine (US), Forespar (US).
The boat davits market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boat Davits Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Boat Davits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boat Davits Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Boat Davits Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Boat Davits Market Size & Forecast, 2020-2028
4.5.1 Boat Davits Market Size and Y-o-Y Growth
4.5.2 Boat Davits Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 H-bar Design
5.2.2 X-bar Design
5.2.3 Heavy Design
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sailboat
6.2.2 Powerboat
6.2.3 Dinghy
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Davits Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boat Davits Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 H-bar Design
9.6.2 X-bar Design
9.6.3 Heavy Design
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sailboat
9.10.2 Powerboat
9.10.3 Dinghy
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 H-bar Design
10.6.2 X-bar Design
10.6.3 Heavy Design
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sailboat
10.10.2 Powerboat
10.10.3 Dinghy
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 H-bar Design
11.6.2 X-bar Design
11.6.3 Heavy Design
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sailboat
11.10.2 Powerboat
11.10.3 Dinghy
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 H-bar Design
12.6.2 X-bar Design
12.6.3 Heavy Design
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sailboat
12.10.2 Powerboat
12.10.3 Dinghy
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 H-bar Design
13.6.2 X-bar Design
13.6.3 Heavy Design
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sailboat
13.10.2 Powerboat
13.10.3 Dinghy
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boat Davits Market: Competitive Dashboard
14.2 Global Boat Davits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Forespar (US)
14.3.2 FGM Technology (Italy)
14.3.3 Tecnometalli (Italy)
14.3.4 Hi-Tide (US)
14.3.5 Magnum (US)
14.3.6 Spencer Carter (UK)
14.3.7 Lunmar Boat Lifts (US)
14.3.8 Boat Lift Warehouse (US)
14.3.9 Davit Master (US)
14.3.10 Kato Marine (US)
14.3.11 Forespar (US)
