Global Boat Lifts market will reach 180 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/1/29

A boat lift can be a device for transferring boats between water that are at two different elevations. However, today’s boat lifts 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 you will be able to keep your boat elevated and out of the water when not in use.

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.

The global Boat Lifts market is valued at 130 million US$ in 2017 and will reach 180 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2018-2025.

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