Market Overview:
The global marine travel lift market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for marine travel lifts from port and shipyard applications. Additionally, the growing demand for lightweight and heavy-duty travel lifts is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, light duty travel lift segment is projected to hold major share in global marine travel lift market during forecast period owing to its low installation cost as compared to heavy duty type lifts.
Product Definition:
A marine travel lift is a large, boat-carrying crane used to transfer boats between water and land. They are often used at boatyards, marinas, and shipyards.
Light Duty Travel Lift:
Light duty travel lift is a kind of portable hydraulic equipment used to move boats and ships from one place to another. It's major applications are in loading, unloading and transporting the goods. In addition, it is also used for servicing the vessels at anchor or moored position. The lifting capacity of light duty travel lift varies between 1/2 tons to 8 tons using electric winch as a prime mover system with hand crank as an auxiliary mechanism.
Heavy Duty Travel Lift:
Heavy-duty travel lift is a type of marine lifting device used to move vessels and their contents at port facilities. It is mainly used for ship refit, repair, and heavy cargo handling. Travel lifts are equipped with powerful electric motors that can raise the vessel from one position to another without any human intervention.
The global heavy-duty travel lift market size was valued at USD 648 million in 2016.
Application Insights:
The other application segment includes airport, seaport and shipyard. The market for marine travel lift is expected to witness growth owing to the expansion of existing ports and new construction of ports at various locations around the world. For instance, in 2016, APM Terminals announced about expanding its facilities in Port Klang Valley by constructing a new container terminal with a capacity of 12 million tons annually. This project is likely to increase the demand for travel lift systems at port level over the forecast period.
In 2015, DP World invested USD 1 billion to expand its operations at Dubai International Marine Park by building two additional berths with a depth of 15 meters each along with an expanded quay wall that will provide room for eight ships simultaneously loading and unloading their containers from vessels visiting Dubai emirate from Asia Pacific region.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing exponential growth in container traffic, which is a major factor driving the demand for travel lifts. Furthermore, increasing foreign investments coupled with favorable government policies are anticipated to drive regional growth over the forecast period.
The Asia Pacific economy consists of developing and developed nations such as China, India, Singapore and Australia among others. Countries such as China have witnessed significant economic development owing to industrialization along with urbanization resulting from rapid population growth since 2000s; hence it can be said that China has become one of the most important markets across this region for marine travel lift equipment providers owing to its large port facilities coupled with high trade volume per year (approximately USD X trillion). Moreover rising concerns regarding safety at sea have resulted in an increased number of ports around this region thus creating lucrative opportunities for marine lift equipment providers across this region during future years.
Growth Factors:
- Increasing demand for marine travel lift from the shipping and port industry as it helps in efficient handling of large vessels.
- Growing popularity of marine travel lifts among end-users due to its ability to handle heavy loads with ease.
- Technological advancements in the design and manufacturing of marine travel lifts that is helping in improving their efficiency and performance.
- Rising investments by key players in research and development activities to develop new products and technologies for the market growth. 5) Growing awareness about the benefits of using marine travel lifts among end-users, which is aiding in expanding its reach across different regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Travel Lift Market Research Report
By Type
Light Duty Travel Lift, Heavy Duty Travel Lift
By Application
Port, Shipyard, Other
By Companies
Ascom S.p.A, Beijing Wowjoint Machinery, BOAT LIFT, CIMOLAI TECHNOLOGY, Conolift, Eden Technology, fgm tecnology, Henan Weihua Heavy Machinery, Marine Travelift, PDN MOBILE CRANES SRL, Roodberg, Wise Boat Hoists, YPMarinas, Zhengzhou Ellsen Machinery Equipment
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Marine Travel Lift Market Report Segments:
The global Marine Travel Lift market is segmented on the basis of:
Types
Light Duty Travel Lift, Heavy Duty Travel Lift
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
Port, Shipyard, Other
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:
- Ascom S.p.A
- Beijing Wowjoint Machinery
- BOAT LIFT
- CIMOLAI TECHNOLOGY
- Conolift
- Eden Technology
- fgm tecnology
- Henan Weihua Heavy Machinery
- Marine Travelift
- PDN MOBILE CRANES SRL
- Roodberg
- Wise Boat Hoists
- YPMarinas
- Zhengzhou Ellsen Machinery Equipment
Highlights of The Marine Travel Lift 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:
- Light Duty Travel Lift
- Heavy Duty Travel Lift
- By Application:
- Port
- Shipyard
- Other
- 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 Marine Travel Lift 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Marine Travel Lift is a type of lift that transports passengers and cargo between ships and shore.
Some of the major companies in the marine travel lift market are Ascom S.p.A, Beijing Wowjoint Machinery, BOAT LIFT, CIMOLAI TECHNOLOGY, Conolift, Eden Technology, fgm tecnology, Henan Weihua Heavy Machinery, Marine Travelift, PDN MOBILE CRANES SRL, Roodberg, Wise Boat Hoists, YPMarinas, Zhengzhou Ellsen Machinery Equipment.
The marine travel lift market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Travel Lift 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 Marine Travel Lift Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Travel Lift 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 Marine Travel Lift 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 Marine Travel Lift Market Size & Forecast, 2020-2028
4.5.1 Marine Travel Lift Market Size and Y-o-Y Growth
4.5.2 Marine Travel Lift 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 Light Duty Travel Lift
5.2.2 Heavy Duty Travel Lift
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 Port
6.2.2 Shipyard
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Travel Lift 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 Marine Travel Lift 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 Light Duty Travel Lift
9.6.2 Heavy Duty Travel Lift
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 Port
9.10.2 Shipyard
9.10.3 Other
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 Light Duty Travel Lift
10.6.2 Heavy Duty Travel Lift
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 Port
10.10.2 Shipyard
10.10.3 Other
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 Light Duty Travel Lift
11.6.2 Heavy Duty Travel Lift
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 Port
11.10.2 Shipyard
11.10.3 Other
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 Light Duty Travel Lift
12.6.2 Heavy Duty Travel Lift
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 Port
12.10.2 Shipyard
12.10.3 Other
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 Light Duty Travel Lift
13.6.2 Heavy Duty Travel Lift
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 Port
13.10.2 Shipyard
13.10.3 Other
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 Marine Travel Lift Market: Competitive Dashboard
14.2 Global Marine Travel Lift Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ascom S.p.A
14.3.2 Beijing Wowjoint Machinery
14.3.3 BOAT LIFT
14.3.4 CIMOLAI TECHNOLOGY
14.3.5 Conolift
14.3.6 Eden Technology
14.3.7 fgm tecnology
14.3.8 Henan Weihua Heavy Machinery
14.3.9 Marine Travelift
14.3.10 PDN MOBILE CRANES SRL
14.3.11 Roodberg
14.3.12 Wise Boat Hoists
14.3.13 YPMarinas
14.3.14 Zhengzhou Ellsen Machinery Equipment
