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2021 Ship Building Market Size, Growth Development, Opportunities, Trends, Forecast To 2025

09-06-2021 08:24 AM CET | Logistics & Transport

Press release from: The Business research company

Ship Building Market

Ship Building Market

The Business Research Company offers "Ship Building Global Market Report 2021 - By Product (Bulkers, Tankers, Containers, Cruise And Ferry), By Application (Passenger Transportation, Goods Transportation), By End-User (Transport Companies, Military), COVID-19 Impact And Recovery “ 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 trend s and strategies that players in the market can adopt.

The ship building market report describes and explains the global ship building market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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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 other than personal or recreational use. Only goods and services traded between entities or sold to end consumers are included.

The global ship building market is expected to grow from $147.98 billion in 2020 to $158.18 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $186.6 billion in 2025 at a CAGR of 4.2%.

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Some of the major players of the ship building market are Hyundai Heavy Industries, Daewoo Ship Building & Marine Engineering Co Ltd, Mitsubishi Heavy Industries, Samsung Heavy Industries, BAE Systems Plc, Sumitomo Heavy Industries Ltd, Damen Shipyards Group, Fincantieri Spa, General Dynamics Corp, Huntington Ingalls Industries Inc., Hyundai Heavy Industries Holdings Co. Ltd., Oshima Ship Building Co. Ltd.

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

The global ship building market is segmented -
1) By Product: Bulkers, Tankers, Containers, Cruise and Ferry, Others
2) By Application: Passenger Transportation, Goods Transportation
3) By End-User: Transport Companies, Military, Others

Read More On The Global Ship Building Market Report:
https://www.thebusinessresearchcompany.com/report/ship-building-global-market-report-2020-30-covid-19-growth-and-change

Few Points From Table Of Content
1. Executive Summary
2. Ship Building Market Characteristics
3. Ship Building Market Trends And Strategies
4. Impact Of COVID-19 On Ship Building
5. Ship Building Market Size And Growth
.....
26. Africa Ship Building Market
27. Ship Building Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ship Building Market
29. Ship Building Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

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