Davies slotted 40 out of 46 kicks during the regular league season for Blues to finish in second spot with an 86.96% success rate.
Only Munster No. 10 JJ Hanrahan bettered him to scoop the Rhino Golden Boot Award with 87.30% success rate (55 kicks out of 63).
Dan Biggar (Ospreys) won the 'Players' Player of the Year' Award and Jonny Gray (Glasgow Warriors) the 'Young Player of the Year' Award.
Rob Penney (Munster) won the 'Coach of the Year' award after steering Munster into the Play-Offs again. His side put together a record number of wins during the campaign and finished in 3rd place overall to secure an away tie to face Glasgow Warriors at Scotstoun next Friday.
Leinster legends Leo Cullen and Brian O'Driscoll both received (in absentia) the 'Chairman's Award' in recognition of their outstanding service to their province, their country, the tournament as a whole and the game of rugby union.