Ship Building And Repairing Market Evolving Opportunities | Business Overview | Challenges | Statistics 2023

The global ship building and repairing market reached a value of nearly $191,913.3 million in 2019, having increased at a compound annual growth rate (CAGR) of 0.9% since 2015. The market is expected to decrease from $191,913.3 million in 2019 to $177,809.0 million in 2020 at a rate of -0.01%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 3.06% from 2021 and reach $191,891.1 million in 2023.

The Business Research Company offers "Ship Building And Repairing Market Opportunities And Strategies – Global Forecast To 2023" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

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The ship building and repairing market consists of sales of ships and ship building and repairing services by entities (organizations, sole traders and partnerships) that are engaged in operating shipyards. Shipyards are fixed facilities with dry-docks and fabrication equipment capable of building a ship, defined as watercraft not typically suitable or intended for personal or recreational use. Ship building, which is also referred to as ship construction, includes the construction of ships, their repair, conversion and alteration, the production of prefabricated ship and barge sections, and specialized services, such as ship scaling.

Some of the key players involved in the ship building and repairing market are Hyundai Heavy Industries, Samsung Heavy Industries Co., Ltd., Daewoo Shipbuilding & Marine Engineering Co Ltd., Fincantieri S.p.A., General Dynamics Corporation

The countries covered in the global ship building and repairing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global ship building and repairing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Ship Building And Repairing Market Segmentation:
1) By Type Of Service: Ship Building, Ship Repairing Support Auxiliary Equipment
2) By Type Of Vessel: Passenger, Offshore, Containerships, Tankers, Refrigerated Vessels, Bulkers, Others
3) By End-Use: Goods Transportation, Passenger Transportation

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A Few Points From The Table Of Content
1. Ship Building And Repairing Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
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25. Key Mergers And Acquisitions In The Ship Building And Repairing Market
26. Market Background: Ship And Boat Building And Repairing Market
27. Ship Building And Repairing Market Opportunities And Strategies
28. Ship Building And Repairing Market, Conclusions And Recommendations
29. Appendix

The report covers the trends and market dynamics of the ship building and repairing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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