Boat Davits Market

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: August, 2025 Updated Date: September, 2025

Boat Davits Market Overview

Boat Davits Market (USD Million)

Boat Davits Market was valued at USD 12,272.17 million in the year 2024. 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%.


Boat Davits Market

*Market size in USD million

CAGR 6.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.4 %
Market Size (2024)USD 12,272.17 Million
Market Size (2031)USD 18,945.80 Million
Market ConcentrationMedium
Report Pages324
12,272.17
2024
18,945.80
2031

Major Players

  • Forespar
  • FGM Technology
  • Tecnometalli
  • Hi-Tide
  • Magnum
  • Spencer Carter
  • Lunmar Boat Lifts
  • Boat Lift Warehouse
  • Davit Master
  • Kato Marine

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Boat Davits Market

Fragmented - Highly competitive market without dominant players


The Boat Davits Market is experiencing rapid growth as boating and marine activities continue to increase globally. Currently, over 45% of boats rely on davits for effective handling of tenders and marine equipment. These systems play a critical role in ensuring space efficiency, safe operations, and reliable lifting, making them indispensable in modern vessel design. Both leisure and professional marine operators are driving demand for these versatile solutions.

Safety and Convenience Enhancing Adoption
Marine safety standards are pushing more owners toward davit installations, with nearly 40% of users adopting them to minimize risks in handling. Alongside safety, davits provide unmatched convenience in launching and retrieving dinghies and watercraft. The latest models emphasize lightweight construction and greater load-bearing capacity, which allow broader use across various vessel types while improving user comfort.

Technological Advancements Boosting Market Growth
Modern davits are evolving with hydraulic and electric automation, incorporated in about 50% of new systems. Automation not only reduces human effort but also enhances precision and reliability in demanding marine environments. Emerging smart davits further include performance monitoring features and predictive maintenance options, transforming operational workflows and optimizing vessel management.

Rising Demand in Recreational and Commercial Segments
Recreational boating accounts for nearly 55% of davit installations, showing their widespread importance in the leisure market. Simultaneously, commercial sectors such as offshore, transport, and fisheries are also expanding their usage of davits. This dual adoption pattern highlights how these systems deliver efficiency, long-term durability, and cost-effectiveness, ensuring broad relevance across marine applications.

  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. 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. Boat Davits Market, By Product, 2021 - 2031 (USD Million)
      1. H-Bar Design
      2. X-Bar Design
      3. Heavy Design
      4. Others
    2. 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. 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. Boat Davits Market, By Application, 2021 - 2031 (USD Million)
      1. Sailboat
      2. Powerboat
      3. Dinghy
      4. Others
    5. 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