Lucintel Forecasts the Global Anchoring Equipment Market to Reach $431 million by 2030

According to a market report by Lucintel, the future of the global anchoring equipment market looks promising with opportunities in the offline and online markets. The global anchoring equipment market is expected to reach an estimated $431 million by 2030 from $267 million in 2023, at a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are increase in building activity particularly in projects involving infrastructure, homes, and businesses, creation of renewable energy sources, such tidal and wind power, as well as, innovations in anchoring technology, such as improved materials, design, and installation techniques.

A more than 150-page report to understand trends, opportunity and forecast in anchoring equipment market to 2030 by equipment (anchor, anchor chain, anchoring and mooring hardware, and bow anchor rollers), sales channel (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that anchor chain is expected to witness the highest growth over the forecast period due to its critical role in anchoring vessels, providing the crucial link between the anchor and the vessel itself.

APAC is expected to witness highest growth over the forecast period due to its booming infrastructure development and rising population, particularly in China and India.

Download sample by clicking on anchoring equipment market

Anchor Systems, Ancor Loc, ANP – SYSTEMS, Asphalt Anchors, Associated Fastening Products, BBR VT International, Con-Tech Systems, DYWIDAG-Systems International, EJOT Group, Intech Anchoring Systems are the major suppliers in the anchoring equipment market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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