Global Market Size of Boat Lifts is nearly 128 M USD In 2016
Monday, 12 Nov, 2018
In the last several years, global market of Boat Lifts developed stable, with CAGR of 4.2% in the past five years. In 2016, Global Market Size of Boat Lifts is nearly 128 M USD; the actual sale is about 19536 Units. The market is expected to reach USD 156 M USD by 2022, at a CAGR of 4.5% between 2017 and 2022. The major factors contributing to the growth of this market include the boat industry.

The global average price of Boat Lifts is down streaming from 2012 to 2016. With the situation of global economy, prices will be in slowly decreasing trend in the following five years.

The classification of Boat Lifts includes 5000 to 10000 lbs, 10000 to 15000 lbs, 15000 to 20000 lbs, Up to 5000 lbs and Over 20000 lbs, and the proportion of 10000 to 15000 lbs in 2016 is about 37%.Boat Lifts is widely used in Household and Commercial?Use.

USA is the largest consumption region of Boat Lifts, with a consumption market share nearly 65% in 2016. Europe is the second largest consumption region of Boat Lifts, enjoying consumption value market share nearly 19% in 2016.

Market competition is not intense. Reimann & Georger, Hi-Tide Boat Lifts, Golden Boatlift, HydroHoist?Marine?Group, ShoreStation, IMM Quality Boat Lifts, FIX ENTERPRISES, Sunstream, ShoreMaster and Blue Ocean Tech are the leaders of the industry, and they hold key technologies and downstream customers; have been formed in the partly monopoly position in the industry.