Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Ship Davits Market by Type (Hydraulic, Electrica, Manual), By Application (Rescue Boats, Life Rafts) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Ship Davits Market by Type (Hydraulic, Electrica, Manual), By Application (Rescue Boats, Life Rafts) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155423 3300 Machinery & Equipment 377 246 Pages 4.9 (49)

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.

Global Ship Davits Industry Outlook

Product Definition:

A set of projecting arms on the sides of a vessel, typically used to lower and raise boats or goods.


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 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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. YMV Crane
  2. MacGregor
  3. Palfinger Marine
  4. Global Davit
  5. Waldo Marine
  6. ACEBI
  7. D-I Davit International-Hische
  8. Industrias Ferri
  9. Laurel Technologies

Global Ship Davits Market Overview

Highlights of The Ship Davits Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hydraulic
    2. Electrica
    3. Manual
  1. By Application:

    1. Rescue Boats
    2. Life Rafts
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

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Global Ship Davits Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. MacGregor Overview Financials Developments Strategic Outlook
      14.4.3. Palfinger Marine Overview Financials Developments Strategic Outlook
      14.4.4. Global Davit Overview Financials Developments Strategic Outlook
      14.4.5. Waldo Marine Overview Financials Developments Strategic Outlook
      14.4.6. ACEBI Overview Financials Developments Strategic Outlook
      14.4.7. D-I Davit International-Hische Overview Financials Developments Strategic Outlook
      14.4.8. Industrias Ferri Overview Financials Developments Strategic Outlook
      14.4.9. Laurel Technologies Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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