Boat Davits Market Analysis and Forecast to 2031: By Type (Free Fall Davit, Quadrantal Davit, Gravity Roller Track Davit, Single Pivot Gravity Davit), Mode (Passenger Vessel, Commercial Boats, Others), Material (Aluminum, Steel, Composites), Application (

Boat Davits Market Analysis and Forecast to 2031: By Type (Free Fall Davit, Quadrantal Davit, Gravity Roller Track Davit, Single Pivot Gravity Davit), Mode (Passenger Vessel, Commercial Boats, Others), Material (Aluminum, Steel, Composites), Application (Seawall Mount Davits, Dock Mount Davits, Pile Mount Boat Davits), and Region

The global boat davits market was valued at US$ 0.4 billion in 2021 and it is anticipated to grow up to US$ 0.6 billion by 2031, at a CAGR of 5.9% during the forecast period.


A boat davit is a device used on a ship to support, raise, and lower the boats. In other term, a boat davit is a launching and lifting system for jet skis, dinghies, and other boats. This device is used to lower an emergency lifeboat from the ships. A boat davit is usually a hydraulic operated slewing or pivoting davit designed for launching and recovering a fully-crewed rescue boat. Boat davits are useful when boat owners are faced with restricted conditions such as seawalls only, no pilings allowed, or the presence of very shallow water. Boat davits are a very economical alternative to standard boat lifts as they are user-friendly and easy to install.

Market Drivers and Trends

Marine transportation is one of the most effective modes of transportation due to its cost-effectiveness. For instance, according to the UNCTAD organization report, in November 2021, the global trade for merchandise goods increased in exports and imports. The value of world imports and exports of goods hit US$ 5.6 trillion in the third quarter of 2021. Moreover, maritime shipping is expected to continue covering most of the movement of goods over long distances in the coming years. Marine freight transportation increases due to traffic congestion in the Indian and Pacific Oceans trade lanes. Moreover, a surge in demand for maritime freight transportation has led to a rise in demand for maritime vessels. Thus, the demand for maritime transport services and the growth of international maritime freight transport is expected to fuel the demand for marine vessels. These marine vessels are equipped with davits for various applications, such as lifeboat davits, lifeboat davits, and passenger vessel davits. Thus, the growth of international marine freight transportations fuels the demand for boat davits.

Market Restraints and Challenges

Large marine vessels can impact the environment in numerous ways, including air & water pollution, sewage disposal, trash & other marine debris, habitat disturbance, and human & pet waste. Additionally, boat engines have been identified as a source of air pollution, while older marine engines impact water quality. Moreover, fuel & oil spills and refueling spills leak volatile organic compounds directly into aquatic ecosystems. Further, excessive application of chemicals and pesticides to clean, protect, and operate watercraft also impacts marine life. Thus, several government authorities worldwide regulate and restrict the shipbuilding sector in several coastal areas to protect marine life. Therefore, environmental concerns associated with marine vessels are expected to hamper the shipbuilding industry growth, restricting the global boat davits market.

Global Boat Davits Market Segmental Overview

The report analyses the global boat davits market based on type, mode, material, application, and region.

Global Boat Davits Market by Type

Based on type, it is segmented into free fall davit, quadrantal davit, gravity roller track davit, and single pivot gravity davit. The gravity roller track davit segment is expected to have the largest boat davits market share in 2021. It consists of two arms which slide over two guides, various possibility of interfacing to ship's structure, manual browsing, can be used on open or recessed deck, use electrical winches, and suitable for all types of life/rescue boat. Due to the above factors, the gravity roller track davit segment is expected to receive the main market attraction resulting in market growth.

Global Boat Davits Market by Mode

Based on mode, it is segmented into passenger vessel, commercial boats, and others. The commercial boats segment is expected to dominate the market during the forecast period. The commercial boats are been used for multiple applications such as fire departments, harbormasters, and search & rescue operations. They have robust construction, speed, and efficiency. Due to these factors mentioned above, the commercial boats segment is expected to dominate the market during the forecast period.

Global Boat Davits Market by Material

Based on material, it is segmented into aluminum, steel, and composites. The composites segment is expected to be the largest segment in the boat davits market in 2021. The future of composite materials is an extremely promising one. Lightness, strength, durability, and ease of production mean that composites will play an increasing part in boat construction. Thus, the composites segment will likely hold a major market share in 2021.

Global Boat Davits Market by Application

Based on application, it is segmented into seawall mount davits, dock mount davits, and pile mount boat davits. The dock mount davits segment is expected to dominate the market during the forecast period. For crafts up to 1000 pounds. Make life simple both in and out of the water thanks to 360-degree rotation. Due to these factors mentioned above, the dock mount davits segment is expected to dominate the market during the forecast period.

Geographical Analysis of Global Boat Davits Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to hold the majority of the market share in 2021 due to increase in water sports & leisure activities in the region and rise in national marine freight transport. Moreover, the presence of many potential vendors in this region further encourages market growth. This, in turn, boosts the demand for boat davits in the North America region.

Major Players in the Global Boat Davits Market COVID-19 Impact

In 2020, the COVID-19 impact negatively impacted the marine industry. The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban the import-export of essential raw material items for most of 2020. This led to a sudden decline in the availability of important raw materials for components. As a result of interrupted supply chains and production schedules caused by the COVID-19 pandemic, aviation production, and sales suffered severely, which, in turn, negatively impacted the boat davits market in 2020. Moreover, the COVID-19 outbreak has resulted in disruptions for shipyards in terms of a new building, repair, and conversion projects. This outbreak had forced some companies to shut down their shipyard operations in several countries.

Recent Developments

• June 2022, Vestdavit wins a contract with Thoma-Sea for davit systems. Vestdavit is a trusted supplier of advanced boat-handling technology to support ocean research with the delivery of davit systems for a pair of newbuild scientific vessels built for the US National Oceanic and Atmospheric Administration.
• February 2022, UMT Marine had launched new yacht and davits. UMT Marine started this year with an updated line of davits, the Explorer series. This line will be a stronger and more versatile version of the original T Series Davit.

Frequently Asked Questions
Q1. How big is the boat davits market?Ans. The global boat davits market size was US$ 0.4 billion in 2021 and is anticipated to reach US$ 0.6 billion in 2031, growing at a rate of 5.9% from 2022 to 2031.
Q2. What is the boat davits market growth rate?Ans. The growth rate of the boat davits market is 5.9% from 2022 to 2031.
Q3. Which region holds a major market share for the boat davits market?Ans. North America holds a major market share of the boat davits market in 2021.
Q4. Which segment accounted for the largest boat davits market share?Ans. Based on material, it is segmented into aluminum, steel, and composites. The composites segment is expected to be the largest segment in the boat davits market in 2021.
Q5. Who are the key players in the boat davits market?Ans. The global boat davits market report includes players such as
Q6. What are the factors driving the boat davits market growth?Ans. The major factor driving the growth of the market is surge in international marine freight transport.
Q7. What are the key growth strategies of boat davits market players?Ans. The key growth strategies of boat davits market players are product launch, partnerships, and government initiatives.
Q8. Which region will provide more business opportunities for the boat davits market during the forecast period?Ans. The Asia Pacific region will provide more business opportunities for the boat davits market during the forecast period.

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