The progress of the e-commerce sector, the rising need for a resilient product carrying vehicle, and the requirement for safe and quick delivery are anticipated to propel the industry’s growth.
Market Size - USD 0.94 Billion in 2019, Market Growth - CAGR of 5.8%, Market Trends - Expansion of the e-commerce industry
The Global Dock Levelers Market is estimated to attain a market valuation of USD 1.50 billion by 2027. Dock levelers typically are a connecting bridge between the warehouse dock and the vehicle carrying goods. The levelers enhance the productivity of goods transport and provide safety and preserve the quality of goods.
The logistics sector is assumed to expand exponentially during the projected years. The logistics sector is expected to grow in tune with the expansion of the e-commerce sector due to the rising need for resilient logistics in e-commerce workings. The expansion of the e-commerce sector and the rising need for more warehouses are bolstering the demand for dock levelers across the world, especially in Mexico. Additionally, the increasing number of logistics start-ups, safety concerns surrounding the transport of goods, and the transport of delicate products further add traction to market growth. However, the high costs associated with the levelers and the lesser alternatives available for the replacement of levelers may impede the market growth.
Europe is anticipated to command the market growth during the estimated timeframe due to stringent regulations regarding the storage and safety of medicines, foods, and beverages. The region accounted for a 29% share of the industry in 2019 and is anticipated to account for nearly 30% industry share during the projected timeline, growing at a CAGR of 6.3%.
Key Findings From the Report Suggest:
For this report, the Global Dock Levelers Market has been segregated based on product type, operations, leveler lip type, leveling type, capacity, and region:
Product Type Outlook Revenue, USD Million; 2017-2027
Operations Outlook Revenue, USD Million; 2017-2027
Leveler Lip Type Outlook Revenue, USD Million; 2017-2027
Leveling Type Outlook Revenue, USD Million; 2017-2027
Capacity Outlook Revenue, USD Million; 2017-2027
Regional Outlook Revenue, USD Million; 2017-2027
Reasons to Buy the Report
Market Size - USD 0.94 Billion in 2019, Market Growth - CAGR of 5.8%, Market Trends - Expansion of the e-commerce industry
The Global Dock Levelers Market is estimated to attain a market valuation of USD 1.50 billion by 2027. Dock levelers typically are a connecting bridge between the warehouse dock and the vehicle carrying goods. The levelers enhance the productivity of goods transport and provide safety and preserve the quality of goods.
The logistics sector is assumed to expand exponentially during the projected years. The logistics sector is expected to grow in tune with the expansion of the e-commerce sector due to the rising need for resilient logistics in e-commerce workings. The expansion of the e-commerce sector and the rising need for more warehouses are bolstering the demand for dock levelers across the world, especially in Mexico. Additionally, the increasing number of logistics start-ups, safety concerns surrounding the transport of goods, and the transport of delicate products further add traction to market growth. However, the high costs associated with the levelers and the lesser alternatives available for the replacement of levelers may impede the market growth.
Europe is anticipated to command the market growth during the estimated timeframe due to stringent regulations regarding the storage and safety of medicines, foods, and beverages. The region accounted for a 29% share of the industry in 2019 and is anticipated to account for nearly 30% industry share during the projected timeline, growing at a CAGR of 6.3%.
Key Findings From the Report Suggest:
- The hydraulic levelers are presumed to account for the largest share of the industry with a share of around 33% in 2027, growing at an annual growth rate of 6.6% attributable to their enhanced durability in the high-use environment and typically safe at high volume and congested traffic conditions.
- The automatic segment is predicted to dominate the industry due to its superior efficiency and ease of operation.
- The pit style leveling type is presumed to observe robust growth during the forecast period with a 6.3% CAGR owing to its enhanced operator and load range and an augmented life expectancy.
- The telescopic lip lever type is estimated to have the fastest and highest growth rate during the estimated timeframe at a CAGR of 6.1% during the period as the telescopic lip enables a higher degree of operator control by efficiently moving the dock leveler lip to effectively transport goods within the loading area of the transport vehicle.
- North America is projected to account for the second-largest share of the business landscape and is anticipated to control nearly 24% of the market with a 7% CAGR throughout the estimated timeframe.
- Prominent companies involved in the market landscape include Assa Abloy Kelley, Rite-Hite, Hormann, Doorhan, Serco, Nordock, McGuire, Poweramp, Blue Giant Equipment Corporation, Pentalift Equipment Corp., Pioneer Dock Equipment, Koke, Inc., and Dockzilla Co., among others.
For this report, the Global Dock Levelers Market has been segregated based on product type, operations, leveler lip type, leveling type, capacity, and region:
Product Type Outlook Revenue, USD Million; 2017-2027
- Hydraulic
- Mechanical
- Air-Powered
- Vertical Strong Levelers
Operations Outlook Revenue, USD Million; 2017-2027
- Conventional
- Automatic
Leveler Lip Type Outlook Revenue, USD Million; 2017-2027
- Hinged Lips
- Telescopic Lips
Leveling Type Outlook Revenue, USD Million; 2017-2027
- Pit Style Dock
- Edge of Dock
Capacity Outlook Revenue, USD Million; 2017-2027
- Up to 10T
- 10T to 40T
- Above 40T
Regional Outlook Revenue, USD Million; 2017-2027
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Latin America
- Brazil
- Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Dock Levelers Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Dock Levelers market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Dock Levelers Segmentation & Impact Analysis
Chapter 5. Dock Levelers Market By Product Type Insights & Trends
Chapter 6. Dock Levelers Market By Operations Insights & Trends
Chapter 7. Dock Levelers Market By Leveler Lip Type Insights & Trends
Chapter 8. Dock Levelers Market By Leveling Type Insights & Trends
Chapter 9. Dock Levelers Market By Capacity Insights & Trends
Chapter 10. Dock Levelers Market Regional Outlook
Chapter 11. Competitive Landscape
Chapter 12. Company Profiles
Companies Mentioned
- Assa Abloy (Kelley)
- Rite-Hite
- Hormann
- Doorhan
- Serco
- Nordock
- McGuire
- Poweramp
- Blue Giant Equipment Corporation
- Pentalift Equipment Corp.
- Pioneer Dock Equipment
- Koke Inc.
- Dockzilla Co.