Dock Finger Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Dock finger is a floating pontoon that separates the boats and offers access to berthed boats in a marina and provides mooring line attachment points. These structures are primarily used in marine bays with respect to tidal variation or other occurrences affecting the water level. Dock fingers are also employed in boating centers and yacht clubs for coastline protection and development. These are generally made from rot-resistant materials or wood walkways that are reinforced by aluminum framework resting on air-filled chambers made of laminate material. Some dock fingers are also made using modular plastic units without any additional structure. Utilization of standard fasteners allow reorganization and reconfiguration of modules at marine facilities. Some dock fingers are also equipped with lighting pedestals and have bollards, cleats, and/or mooring rings. Dock fingers can also be anchored with the help of anchor chains linked to a master chain. Some dock fingers are held in place with the help of pilings, a system that allows dock fingers to slide up and down with changing water levels.
The global dock finger market is expected to expand at a considerable pace. Growing housing industry alongside beaches (man-made and natural) is expected to be a key factor driving the dock finger market. Customers are buying residential or commercial properties alongside beaches and man-made or natural islands are expected to require dock fingers to dock boats and yachts. Increase in public private partnerships (PPP) to construct man-made islands is anticipated to boost the market. The best example of a man-made island is the Palm Jumeirah located in Dubai where a large number of dock fingers are available to dock ships and yachts. Extensive usage of dock fingers in the commercial sector such as beach side hotels, resorts, and ports is expected to fuel the dock finger market. Additionally, increase in sales of yachts, motor boats, power boats, jet-skis, and electric and hybrid boats is anticipated to propel the dock finger market. However, high cost of docks finger and high maintenance cost are expected to restrain the global dock finger market. Additionally, lack of proper infrastructure for setting up dock fingers is projected to hamper the market. However, government initiatives to improve port facilities is expected to create opportunities in the global dock finger market. Moreover, increase in cross country trade through waterways is expected to boost the market. Cross country trade is also anticipated to help develop dock fingers in potential markets.
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Companies, in order to gain an edge over their competitors, are coming up with dock fingers for various water sports. For example, Cadock, a Canada-based dock finger company manufactures diverse dock finger products based on water sports such as jet ski floating docks and rowing floating docks. The global dock finger market can be segmented based on product type, material type, end-use, industry, and geography. In terms of product type, the market can be classified into modular, floating, and fixed. Based on material type, the market can be categorized into metal, concrete, plastics, and others (wooden, etc.). In terms of end-use, the dock finger market can be classified into mooring, drive-on, and work. Based on industry, the market can be divided into commercial, residential, government, and industrial. In terms of geography, the global dock finger market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Prominent players operating in the global dock finger market include A-Laiturit, CANDOCK, Ingemar, Clement Germany, Karl Innovation, Marina Dock Systems, MarineMaster, Metalu Industries, MARTINI ALFREDO, Orsta Marina, Poralu Marine, Potona Marine, Ronautica, Technomarine Manufacturing, Yacht Port Marinas.
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