Press release
Ship Building Market 2021 Industry Analysis by Manufacturers – Korea Shipbuilding & Offshore Engineering Co., Ltd., Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co Ltd
The Ship Building Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The market is expected to grow from $147,851.4 million in 2020 to $186,713.4 million in 2025 at a rate of 4.8%. The 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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Top Leading Companies of Ship Building Market are - Korea Shipbuilding & Offshore Engineering Co., Ltd., Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co Ltd, Fincantieri S.p.A., Imabari Shipbuilding Co., Ltd. and others.
Market Overview:
The ship building market is segmented by product into bulkers, tankers, containers, cruise and ferry and others. The tankers segment was the largest segment of the ship building market segmented by product, accounting for 35.0% of the total in 2020. Going forward, the containers segment is expected to be the fastest growing segment in the ship building market segmented by product, at a CAGR of 5.31% during 2020-2025.
The ship building market is segmented by application into passenger transportation and goods transportation. The goods transportation segment was the largest segment of the ship building market segmented by application, accounting for 90.5% of the total in 2020. Going forward, the passenger transportation segment is expected to be the fastest growing segment in the ship building market segmented by application, at a CAGR of 5.0% during 2020-2025.
The ship building market is segmented by end-user into logistics companies, cruise operators, and other end-users. The logistics companies segment was the largest segment of the ship building market segmented by end-user, accounting for 77.5% of the total in 2020. Going forward, the cruise operators segment is expected to be the fastest growing segment in the ship building market segmented by end-user, at a CAGR of 5.0% during 2020-2025.
The Ship Building Market is segmented by Type and Application as follows:
1) By Product: Bulkers; Tankers; Containers; Cruise and Ferry; Others
2) By Application: Passenger Transportation; Goods Transportation
3) By End-User: Logistics Companies; Cruise Operators; Other End-Users
Regional Analysis:
Asia-Pacific was the largest region in the ship building market, accounting for 50.0% of the total in 2020. It was followed by the Western Europe, North America then the other regions. Going forward, the fastest-growing regions in the ship building market will be Middle East and Africa where growth will be at CAGRs of 8.4% and 7.1% respectively during 2020-2025. These will be followed by Eastern Europe and South America, where the markets are expected to register CAGRs of 6.64% and 6.55% respectively during 2020-2025.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Ship Building Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Ship Building Market (%),2016 - 2030
- Ship Building Market Share, By Brand
- Ship Building Market Share, By Company
- Ship Building Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Ship Building Market Value Analysis & Forecast
- Promising Ship Building Development by Major Companies
- Detailed Ship Building Portfolio of the Major Companies
- Major Deals in the Ship Building Market
- Major Companies Analysis
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Reasons to Purchase:
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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