AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Boat Lifts market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Boat Lifts market to grow at a CAGR of 4.5%.

The Shipping Style, such as Free Standing Lifts, is boosting the Boat Lifts market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Marketing Channel, such as Direct, is boosting the Boat Lifts market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

According to Analyst at AMA Research, the Global Boat Lifts market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Increasing Demand for Boat Lifts in Marine Industry, Various Applications of Boat Lifting and Ease of Usage of Boat Lifts”.
 

A boat lift is a device for transferring boats between water that are at two different elevations. However, boat lifts these days serve a different function. It allows a boat to be lifted from the water. This has many benefits, including corrosion prevention. With a boat lift, the end users are able to keep their boat elevated and out of the water when not in use. Boat Lift is a very safe and stress-free way to raise a boat weighing up to 10,000 pounds. It can be lifted up to 12-inches (30 cm) above the bunks or rollers with just a single operator. Further, the expansion of the shipping industry and its ease of usage in floating docks is driving the global boat lift market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Boat Lifts market by Type (Up to 5000 lbs, 5000 to 10000 lbs, 10000 to 15000 lbs, 15000 to 20000 lbs and Over 20000 lbs), by Application (Household and Commercial Use) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market