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Ship Building And Repairing Market 2023 - Global Overview, New Trends, Demand Factor, And Forecast To 2032
Ship Building And Repairing Market
As per the ship building and repairing market report by The Business Research Company, stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period.
The global ship building and repairing market grew from $226.71 billion in 2022 to $245.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ship building and repairing market is expected to grow to $333.08 billion in 2027 at a CAGR of 7.9%.
Read More On The Ship Building And Repairing Market Report Here:
https://www.thebusinessresearchcompany.com/report/ship-building-and-repairing-global-market-report
Major competitors in the ship building and repairing market include Samsung Heavy Industries Co Ltd., Daewoo shipbuilding & marine engineering, General Dynamics, Huntington Ingalls Industries, China Shipbuilding Industry Corp, China CSSC Holdings Limited, Fincantieri SpA, BRUNSWICK CORPORATION, Mitsubishi Heavy Industries Ltd., and Austal.
The ship building and repairing market is segmented -
• By Type: Ship Building, Ship Repairing
• By Application: General Services, Dockage, Hull Part, Engine Parts, Electric Works, Auxiliary Services
• By End-User: Transport Companies, Military, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ship building and repairing market in 2022.
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Shipbuilding refers to building a new ship from the ground up to completion based on the required design. Ship repair is the service provided after the sale of the product because it involves giving the ship regular maintenance.
The Table Of Content For The Ship Building And Repairing Market Include:
1. Executive Summary
2. Report Structure
3. Ship Building And Repairing Market Characteristics
4. Ship Building And Repairing Market Product Analysis
5. Ship Building And Repairing Market Supply Chain
6. Ship Building And Repairing Market Customer Information
……
21. Key Mergers And Acquisitions In The Ship Building And Repairing Market
22. Market Background: Ship And Boat Building And Repairing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Ship Building And Repairing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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