Reports and Data has added a new research report titled “Global Deck Machinery Market, Forecasts to 2025” to its extensive database that assesses the paradigm shifts in the manufacturing industry on a global and regional scale. The report strives to offer insights into all the critical aspects of the market such as geographical locations, product types, application spectrum, sales network and distribution channels, and other key factors among others. The report has been formulated with extensive primary and secondary research to offers lucrative insights into the business landscape and help clients, stakeholders, and investors formulate strategic investment plans to gain a robust footing in the market. The report offers key insights into the market size, market share, revenue growth, product and services portfolio, revenue generation, and growth of the market.
The report further offers detailed analysis about the key competitors of the market, product types and applications spectrum offered by the market, historical data, regional bifurcation, market drivers and restraints, and a comprehensive industry overview. The report also provides a thorough examination of the current and emerging market trends and offers market growth estimations based on those trends for the forecast period of 2021-2025.
Manufacturing industry broadly caters to end-use sectors such as aerospace and defense, automotive, chemicals, computers, heavy machinery, oil & gas industry, and food & beverages, among others. Increasing automation in manufacturing processes and rapid digitalization has increased the efficiency, accuracy, and output of processes. Minimal need for human intervention has reduced errors and have generated seamless workflow and this has accelerated market revenue growth. Manufacturing industry is one of the largest sector across the globe and contributes significantly to overall global economy. Key companies involved in the manufacturing sector are engaged in developing innovative products to cater to growing global demand. The market is expected to register considerable revenue growth owing to advent of advanced technologies in manufacturing sector, growing demand for eco-friendly processes, and rapid industrialization across the globe.
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Market Dynamics:
The global Deck Machinery market size was significantly high in 2020 and is expected to register robust revenue growth over the forecast period from 2021 and 2028. Factors such as rapidly expanding global population, rapid urbanization and industrialization, and increasing number of building and construction activities across the globe are boosting global market revenue growth. Technological advancements and emerging technologies in manufacturing and construction industry, paradigm shift towards eco-friendly construction activities, improvements in standard of living, demand for smart homes and smart buildings, superior waterproofing are also fueling market growth. In addition, increasing investments in manufacturing and construction sector by public and private sectors, rising number of redevelopment and renovation plans, and rising focus on developing eco-friendly and cost-effective products are some factors expected to boost market growth during the forecast period.
Key companies operating in the market that are profiled in the report:
Mitsubishi Heavy Industries, Rolls Royce, Kawasaki heavy Industries, Coastal Marine Equipment, Funz San Industry, MacGregor, Marine Equipment Pellergeni, PaRSystems, Rapp Marine, Warlista
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Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Reports and Data have segmented the deck machinery market on the basis of product, end use, and region:
Product Scenario (Revenue, USD Million; 2016–2025)
• Winch
• Capstan
• Life Boats
• Life Rafts
• Others
By Operations (Revenue, USD Million; 2014–2025)
• Steam Powered
• Hydraulic Systems
• Electrical Operating
By Application (Revenue, USD Million; 2014–2025)
• Bunker
• Container
• LNG
• LPG
• Small Dry
• Tanker
• OSV
Deck Machinery Market Segmentation based on Regions:
• North America (US, Canada, Mexico)
• Europe (Germany, UK, Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E, South Africa, Rest of Middle East and Africa)
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