In a loading dock, bridging the gap between a loading truck and the dock or warehouse floor is a prominent requirement. Various devices are employed in order to achieve this, one among them being dock levelers. They are generally permanent fixtures at each door of a dock. They have a simple metal plate, called a lip that is raised from a stowed position and then lowered onto the back of the truck. This lip can be either hinged or telescopic. They are operated either manually or hydraulically.
In the global market landscape with an increasing emphasis on e-commerce, it has become imperative that efficient logistical solutions be introduced, such as Dock Levelers. They make for easy and quick loading of multiple items into various transportation modes. As per Transparency Market Research, the global dock levelers market would grow at a steady pace from 2020 to 2030, creating a slew of growth opportunities for market players.
The global Dock Levelers Market is fragmented due to the presence of a large number of global manufacturers. Taking advantage of a rising demand in the e-commerce market, these manufacturers are expected to work towards expansion of production facilities and improvement in geographic reach. It is worth noting here that vartied growth strategies are deployed to chart growth.
Asia-Pacific is a prominent e-commerce market landscape in terms of rate of growth, representing a whopping 64.3% of global spending. This surge is mainly an outcome of increase in penetration of internet in emerging countries, and an increase in online shopping. With an increase in disposable income and improvement in the standard of living, it is a logical result.
North America is set to have the second largest market share and second highest growth rate over the forecast period. North America’s e-commerce sales in 2018 amounted to about USD 637 billion. Based on these figures, industry experts project the North American e-retail market to surpass USD 1 trillion in 2022. This will contribute to growth in the regional dock levelers market.