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Ship Building Market Analysis 2023-2032: Forecast Market Size, Top Segments And Largest Region | Hyundai Heavy Industries, Daewoo Ship Building & Marine Engineering Co. Ltd., Mitsubishi Heavy Industries
Ship Building Global Market Report
The Business Research Company's Ship Building Global Market Report 2023 identifies the increasing seaborne trade is predicted to contribute to the growth of the shipbuilding market. The rising population, the surging purchasing power of consumers, and improving standards of living are increasing the demand for consumer goods, leading to high production and rapid industrialization.
The global ship building market size will grow from $193.66 billion in 2022 to $209.13 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. 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 market size of the global ship building is expected to grow to $279.03 billion in 2027 at a CAGR of 7.5%.
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Major players in the shipbuilding 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., and Huntington Ingalls Industries Inc.
A key trend in the Ship Building market includes the use of 3D printing technology in shipbuilding is a leading trend being observed in the shipbuilding market in recent years.
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https://www.thebusinessresearchcompany.com/report/ship-building-global-market-report
The Ship Building market is segmented -
1) By Product: Bulkers, Tankers, Containers, Cruise and Ferry, Other Products
2) By Application: Passenger Transportation, Goods Transportation
3) 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 market.
The Business Research Company's "Global Ship Building Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Ship Building Market Include:
1. Executive Summary
2. Ship Building Market Characteristics
3. Ship Building Market Trends And Strategies
4. Ship Building Market - Macro Economic Scenario
5. Ship Building Market Size And Growth
……
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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