Forecasting till 2030: Opportunities And Strategies In The Global Ship Building Market – Includes Ship Building Market Outlook
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The ship building market benefited from the rise in global population during the historic period, as the demand for transport equipment including ships increased in most of the countries, as per The Business Research Company’s ship building market opportunities and strategies report.
The ship building market is expected to reach $186,713.4 million in 2025 at a rate of 4.8%. The ship building market is then expected to grow at a CAGR of 3.5% from 2025 and reach $222,281.3 million in 2030.
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Major players in the ship building market include Korea Shipbuilding & Offshore Engineering Co. Ltd., Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co Ltd., Fincantieri S.p.A., Imabari Shipbuilding Co., Ltd.
Shipbuilding companies around the world are increasingly using green shipbuilding technologies to comply with environmental rules and regulations. Technologies being used for shipbuilding include ships with no ballast systems that block organisms entering the ship and eliminate the need for sterilization equipment, sulphur scrubber systems, waste heat recovery systems, speed nozzles, exhaust gas recirculation systems, advanced rudder and propeller systems, fuel and solar cell propulsion systems and use of LNG fuels for propulsion and auxiliary engines. Ships built using these technologies have significant energy savings and low carbon emissions.
The Global Ship Building Market Is Segmented:
By Product: Bulkers, Tankers, Containers, Cruise And Ferry, Others
By Application: Passenger Transportation And Goods Transportation
By End-User: Logistics Companies, Cruise Operators
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Ship Building Market Report Covers:
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 Building Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough ship building market research, analyzes and forecasts ship building market size, ship building market share, ship building market players, ship building market trends, ship building market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s ship building market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The ship building market consists of sales of ships and related services by entities (organizations, sole traders, and partnerships) that operate shipyards. Shipyards are fixed amenities with fabrication and drydocks equipment capable of building a ship, defined as watercraft typically suitable or intended for purposes other than personal or recreational use. Only goods and services traded between entities or sold to end consumers are included.
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