Global Boat Davits Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

H-bar Design, X-bar Design, Heavy Design, and Others.

By Davit Type;

Manual Davits, Electric Davits, Hydraulic Davits, Telescopic Davits, and Pivot Davits.

By Capacity;

Small Davits (Under 2,000 lbs), and Medium Davits (2,000-4,000 lbs).

By Application;

Sailboat, Powerboat, Dinghy, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn804392562 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Boat Davits Market (USD Million), 2021 - 2031

In the year 2024, the Global Boat Davits Market was valued at USD 12,272.17 million. The size of this market is expected to increase to USD 18,945.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

The Global Boat Davits Market is a critical segment within the broader marine industry, catering to the need for safe and efficient handling of boats and watercraft. Boat davits are mechanical devices used to lift, lower, and store boats, dinghies, and other marine vessels, making them essential for both commercial and recreational maritime operations. These systems are widely used on ships, yachts, offshore platforms, and marinas, providing convenience and safety for launching and retrieving vessels. With the increasing demand for boating and maritime tourism, the boat davits market has witnessed steady growth, driven by technological advancements and evolving consumer preferences.

One of the key factors propelling the market growth is the rising adoption of automated and electric boat davits, which enhance operational efficiency and reduce manual labor. Traditional manual davits are being replaced with hydraulic and electric variants that offer greater precision, load-bearing capacity, and ease of use. Additionally, the growing focus on safety regulations and compliance with maritime standards has led to increased adoption of high-quality davit systems, particularly in the commercial shipping sector. The need for reliable and durable lifting solutions in harsh marine environments has further accelerated innovation in davit designs, incorporating corrosion-resistant materials and smart control mechanisms.

The market is also influenced by the expanding marine tourism industry and the increasing popularity of recreational boating. With rising disposable incomes and growing interest in water sports, the demand for personal boats and yachts has surged, consequently driving the need for advanced davit systems. Additionally, the offshore oil and gas sector relies on boat davits for efficient crew transfer and emergency evacuation, further fueling market growth. Government initiatives promoting maritime infrastructure development and investments in port facilities also play a crucial role in boosting the adoption of davit systems across various regions.

However, the market faces challenges such as high initial investment costs and the need for regular maintenance to ensure optimal performance. Economic fluctuations and supply chain disruptions, particularly in the wake of global uncertainties, can impact production and distribution. Despite these challenges, the boat davits market presents significant opportunities, especially with the integration of IoT and automation technologies that enhance system efficiency and monitoring capabilities. As sustainability becomes a key focus, manufacturers are also exploring eco-friendly materials and energy-efficient solutions to align with global environmental regulations, shaping the future of the boat davits industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Davit Type
    3. Market Snapshot, By Capacity
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Boat Davits Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Recreational Boating Demand
        2. Safety Regulations Boosting Davit Use
        3. Improved Davit Designs
        4. Convenience in Boat Handling
      2. Restraints
        1. Environmental Material Concerns
        2. Regulatory Compliance Issues
        3. Complex Davit Installation
      3. Opportunities
        1. Emerging Maritime Markets Expansion
        2. Lightweight, Durable Davit Materials
        3. Smart Davit Integration
        4. Customizable Davit Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Boat Davits Market, By Product, 2021 - 2031 (USD Million)
      1. H-bar Design
      2. X-bar Design
      3. Heavy Design
      4. Others
    2. Global Boat Davits Market, By Davit Type, 2021 - 2031 (USD Million)
      1. Manual Davits
      2. Electric Davits
      3. Hydraulic Davits
      4. Telescopic Davits
      5. Pivot Davits
    3. Global Boat Davits Market, By Capacity, 2021 - 2031 (USD Million)
      1. Small Davits (Under 2,000 lbs)
      2. Medium Davits (2,000-4,000 lbs)
    4. Global Boat Davits Market, By Application, 2021 - 2031 (USD Million)
      1. Sailboat
      2. Powerboat
      3. Dinghy
      4. Others
    5. Global Boat Davits Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Forespar
      2. FGM Technology
      3. Tecnometalli
      4. Hi-Tide
      5. Magnum
      6. Spencer Carter
      7. Lunmar Boat Lifts
      8. Boat Lift Warehouse
      9. Davit Master
      10. Kato Marine
  7. Analyst Views
  8. Future Outlook of the Market