Market Overview:
The global ship 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 the increasing demand for rescue boats and life rafts across the globe. Additionally, factors such as rising maritime trade and increasing investments in new vessels are also contributing to the growth of this market. On the basis of type, manual davits accounted for a major share of the global ship davits market in 2017. However, electrica and hydraulic davits are expected to witness higher growth rates during the forecast period owing to their advantages over manual davits such as ease of operation and longer service life.
Product Definition:
A set of projecting arms on the sides of a vessel, typically used to lower and raise boats or goods.
Hydraulic:
Hydraulic Davits are used in the shipbuilding industry to enable safe and easy movement of heavy objects on and off the deck of a vessel. They are also known as hoist davits, pulley davits or lifting rings. The basic function of hydraulic Davit is to provide support for lifting or lowering cargo using winches, cables or chains.
Electrica:
Electrica is a plant extract used in Davit systems. It helps to reduce the effects of Fatigue, Vertigo and Motion Sickness. The product also helps to improve mental alertness and concentration along with reducing stress levels.
The product can be used by itself or in combination with other products such as herbs, vitamins and minerals which are used for improving overall health and well-being.
Application Insights:
Rescue boats accounted for the largest share of the global ship davits market in 2017. The application is projected to expand at a steady CAGR from 2018 to 2030 owing to rising maritime rescue operations and increasing adoption of life rafts among other safety equipment by consumers. Life rafts are essential equipment on board commercial vessels in case of emergencies such as fire, collision or sinking, and they act as a last resort option for passengers when there is no possibility of survival without them.
The life raft segment also includes personal flotation devices (PFD) that are used during emergency situations such as capsizing or sinking vessel with passengers on board. These PFDs ensure better buoyancy and stability during water rescues enabling swimmers to carry out their duties more efficiently while waiting for assistance from rescue teams or authorities.
Regional Analysis:
Asia Pacific dominated the global ship davits market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing awareness regarding safety at sea, growing maritime trade, and rising offshore activities. In addition, increasing number of shipbuilding projects in countries such as China and India are also contributing towards market growth. Furthermore, rise in demand for rescue boats due to increase in marine accidents will drive the regional market further.
Growth Factors:
- Increasing demand for maritime transportation: The global seaborne trade has been registering a steady growth in the past few years. This is primarily attributed to the increasing demand from developing countries for goods and commodities. As a result, the ship davits market is expected to grow at a CAGR of over 4% during the forecast period.
- Growing popularity of cruise tourism: The cruise tourism industry has been witnessing rapid growth in recent years, owing to rising disposable incomes and an increase in holiday travel among consumers worldwide. This is expected to drive the ship davits market as well, as cruise liners require more davits for embarking and disembarking passengers and their luggage safely.
- Proliferation of mega yachts: There has been a significant proliferation of mega yachts in recent years, with their numbers reaching almost 5,000 by 2017 according to Boat International Media Ltd.. These large vessels require more number of davits for safe mooring and handling operations, thereby driving the market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Davits Market Research Report
By Type
Hydraulic, Electrica, Manual
By Application
Rescue Boats, Life Rafts
By Companies
YMV Crane, MacGregor, Palfinger Marine, Global Davit, Waldo Marine, ACEBI, D-I Davit International-Hische, Industrias Ferri, Laurel Technologies
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Ship Davits Market Report Segments:
The global Ship Davits market is segmented on the basis of:
Types
Hydraulic, Electrica, Manual
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
Rescue Boats, Life Rafts
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:
- YMV Crane
- MacGregor
- Palfinger Marine
- Global Davit
- Waldo Marine
- ACEBI
- D-I Davit International-Hische
- Industrias Ferri
- Laurel Technologies
Highlights of The Ship 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:
- Hydraulic
- Electrica
- Manual
- By Application:
- Rescue Boats
- Life Rafts
- 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 Ship 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.
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?
Ship Davits are a type of winch used to raise and lower ships and boats.
Some of the key players operating in the ship davits market are YMV Crane, MacGregor, Palfinger Marine, Global Davit, Waldo Marine, ACEBI, D-I Davit International-Hische, Industrias Ferri, Laurel Technologies.
The ship davits market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ship Davits Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ship Davits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ship Davits Market - Supply Chain
4.5. Global Ship Davits Market Forecast
4.5.1. Ship Davits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ship Davits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ship Davits Market Absolute $ Opportunity
5. Global Ship Davits Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ship Davits Market Size and Volume Forecast by Type
5.3.1. Hydraulic
5.3.2. Electrica
5.3.3. Manual
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ship Davits Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ship Davits Market Size and Volume Forecast by Application
6.3.1. Rescue Boats
6.3.2. Life Rafts
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ship Davits Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ship Davits Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ship Davits Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ship Davits Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ship Davits Demand Share Forecast, 2019-2026
9. North America Ship Davits Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ship Davits Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ship Davits Market Size and Volume Forecast by Application
9.4.1. Rescue Boats
9.4.2. Life Rafts
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ship Davits Market Size and Volume Forecast by Type
9.7.1. Hydraulic
9.7.2. Electrica
9.7.3. Manual
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ship Davits Demand Share Forecast, 2019-2026
10. Latin America Ship Davits Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ship Davits Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ship Davits Market Size and Volume Forecast by Application
10.4.1. Rescue Boats
10.4.2. Life Rafts
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ship Davits Market Size and Volume Forecast by Type
10.7.1. Hydraulic
10.7.2. Electrica
10.7.3. Manual
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ship Davits Demand Share Forecast, 2019-2026
11. Europe Ship Davits Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ship Davits Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ship Davits Market Size and Volume Forecast by Application
11.4.1. Rescue Boats
11.4.2. Life Rafts
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ship Davits Market Size and Volume Forecast by Type
11.7.1. Hydraulic
11.7.2. Electrica
11.7.3. Manual
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ship Davits Demand Share, 2019-2026
12. Asia Pacific Ship Davits Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ship Davits Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ship Davits Market Size and Volume Forecast by Application
12.4.1. Rescue Boats
12.4.2. Life Rafts
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ship Davits Market Size and Volume Forecast by Type
12.7.1. Hydraulic
12.7.2. Electrica
12.7.3. Manual
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ship Davits Demand Share, 2019-2026
13. Middle East & Africa Ship Davits Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ship Davits Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ship Davits Market Size and Volume Forecast by Application
13.4.1. Rescue Boats
13.4.2. Life Rafts
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ship Davits Market Size and Volume Forecast by Type
13.7.1. Hydraulic
13.7.2. Electrica
13.7.3. Manual
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ship Davits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ship Davits Market: Market Share Analysis
14.2. Ship Davits Distributors and Customers
14.3. Ship Davits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. YMV Crane
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MacGregor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Palfinger Marine
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Global Davit
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Waldo Marine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ACEBI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. D-I Davit International-Hische
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Industrias Ferri
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Laurel Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
