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new York, July 18, 2021 /PRNewswire/ – A senior analyst at Technavio said: “Increasing customer engagement in docks and recreational boating activities and increased demand for motorboats operated with outboard engines will further drive market growth during the forecast period.”
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Impact of COVID-19
The COVID-19 pandemic continues to change the growth patterns of all industries, but the direct impact of the epidemic varies. COVID-19 will appear in the dock and lift markets. According to Technavio’s pandemic-focused market research, compared with 2020, market growth in 2021 may increase.
The dock and lift market for construction machinery and heavy trucks is expected to grow $22091 millionAccording to a new report from Technavio, the compound annual growth rate for the period 2021-2025 exceeds 4%.The report provides the latest analysis on…
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