Learn about the global ship repairing market through The Business Research Company, which provides information on ship repairing market size, ship repairing market drivers and restraints, ship repairing market players, the COVID-19 impact on the ship repairing market, and more.

The global ship repairing market size is expected to grow from $29.73 billion in 2021 to $33.2 billion in 2022 at a compound annual growth rate (CAGR) of 11.7%. The global ship repairing market is then expected to grow to $50.2 billion in 2026 at a CAGR of 10.9%.

The increasing seaborne trade is predicted to contribute to the growth of the shipbuilding market.

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The ship repairing market consists of revenue generated by sales of ship repairing services by entities (organizations, sole traders, and partnerships) that operate shipyards. Only goods and services traded between entities or sold to end consumers are included.

Global Ship Repairing Market Segments Include:

By Vessel Type: Oil and Chemical Tankers, Bulk Carriers, General Cargo, Container Ships, Gas Carriers, Offshore Vessels, Passenger Ships and Ferries, Mega Yachts and Others

By Application: General Services, Dockage, Hull Part, Engine Parts, Electric Works, Auxiliary Services

By End-User: Transport Companies, Military, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global ship repairing market in 2021.

Major companies in the ship repair sector are concentrating on the development of advanced technology services for ship repair.

TBRC’s ship repairing market report covers:

Major Market Players: Hyundai Mipo Dockyard Co Ltd, China Shipbuilding Industry Corporation (CSIC), Damen Shipyards Group, Sembcorp Marine Ltd, Oman Drydock Company, Cochin Shipyard Limited, United Shipbuilding Corporation, Arab Shipbuilding and Repair Yard, Fincantieri S.p.A, Keppel Offshore and Marine.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Ship Repairing Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides ship repairing market overviews, analyzes and forecasts market size, share, ship repairing market players, ship repairing market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s ship repairing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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