Kali Inc Targets 3 Complimentary Markets Raising Combined Opportunity To Over $56 Billion
This is an update to the strategic overview published on November 16, 2016. At that time, Kali, Inc. (KALY) detailed its entry into the $5 billion fragmented and underserved marina management market sector with the acquisition of Wave Marine & Yacht Services as the first acquisition in a comprehensive roll-up strategy. A second Roll-up target, Florida Marine Power Company, was subsequently acquired and more acquisition targets are actively in the works.
The original overview highlighted a second complimentary market sector, yacht sales, that was added through an exclusive contract with SYS International, a yacht brokerage firm, bringing the combined market opportunity from just the $5 billion marine management sector to over $40 billion with adding the $35 billion luxury yacht sales market.
KALY’s $56 Billion Market Opportunity
The update today is to reveal three additional sectors that are also complimentary to the marina management sector and combined amount to over $16 billion in additional market opportunity. Between the $5 billion marine management sector, the $35 billion yacht sales sector, and the three sectors added today with an additional $16 billion in value, KALY’s total market sector opportunity encompasses over $56 billion.
Marine Coatings - $7.65 Billion
Transparency Market Research last year released a report titled “Marine Coatings (Anti-Fouling Coatings, Anti-Corrosion Coatings, Foul Release Coatings and Other Marine Coatings) Market for Coastal, Containers, Deep Sea, Leisure Boats, Offshore Vessels and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.” This report states that the global marine coatings market will reach US$11.88 billion in 2020 from US$7.65 billion in 2013 at an estimated growth of 6.5% CAGR between 2014 and 2020.
Marine Lubricants - $5.4 Billion
The report "Marine Lubricants Market by Type (Mineral Oil, Synthetic, Bio-Based, and Grease), Application (Engine, Hydraulic, And Compressor), and Region - Global Forecast to 2021" indicates the global market size of marine lubricants is estimated to be USD 5.40 Billion in 2016 and projected to witness a CAGR of 2.2% to reach USD 6.02 Billion by 2021.
Marine Electronics - $3.2 Billion
Marine Electronics and Communications reported The marine electronics industry has a total market value of around US$3.2 billion according to one of the leading equipment manufacturers. The market value incorporates all sales in one year of marine electronics on bridges on commercial shipping, workboats of various types, fishing vessels, and recreational boats.
CapRock Research Initiates Independent Analyst Coverage On Company Roll-Up
Earlier this week, the Company announced engaging CapRock Research to initiate independent analyst coverage with a first research report that is expected to include near and long-term stock price target recommendations anticipated to be published within the next two weeks. Industry analysis indicates that no dominant player currently exists in the marina management market. With no dominant player, KALY management considered engaging analyst coverage as an important step in communicating the value of KALY’s efforts within an industry as of yet receiving little attention.
Stay Tuned For Further Regular Update