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Ship And Boat Building And Repairing Global Market 2024 - Latest Research, Industry Insights, Emerging Opportunities And Future Outlook By 2033
Ship And Boat Building And Repairing Market
The Business Research Company's Ship And Boat Building And Repairing Global Market Report 2024 identifies global trade and shipping demand as the major driver for the Ship And Boat Building And Repairing market's growth in the forecast period. Trade is the exchange of goods and amenities between two or more people, usually as a substitute for money or other commodities and services. Shipping is the transporting of products from one location to another, typically by ship. Ships are used in commerce and shipping to carry goods and commodities across the world, allowing for the creation and export of low-cost goods and products, access to raw resources, and the development of sophisticated logistical systems.
The ship and boat building and repairing market size has grown strongly in recent years. It will grow from $284.22 billion in 2023 to $303.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to economic cycles, global trade, regulatory changes. The ship and boat building and repairing market size is expected to see strong growth in the next few years. It will grow to $390.86 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
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Major competitors in the Ship And Boat Building And Repairing market are Samsung Heavy Industries Co. Ltd., Daewoo shipbuilding & marine engineering, BRP Inc., Brunswick Corporation, Fincantieri SpA.
A key trend in the Ship And Boat Building And Repairing market includes green shipbuilding technologies. Ship building companies around the world are increasingly using green shipbuilding technologies to comply with environmental rules and regulations. Technologies being used for shipbuilding include ships with no ballast systems that block organisms entering the ship and eliminate the need for sterilisation equipment, sulphur scrubber systems, waste heat recovery systems, speed nozzles, exhaust gas recirculation systems, advanced rudder and propeller systems, fuel and solar cell propulsion systems, and the use of LNG fuels for propulsion and auxiliary engines. Ships built using these technologies have significant energy savings and low carbon emissions. For instance, Peace Boat, a Japanese non-profit NGO, has entered into an agreement with a Finnish shipbuilding company, Arctech Helsinki Shipyard, for the construction of Ecoship, the world's greenest cruise vessel. The Dean Shipyards Group is also coordinating a green LeanShips project aimed at creating less polluting vessels.
Read More On The Global Ship And Boat Building And Repairing Market Report Here:
https://www.thebusinessresearchcompany.com/report/ship-and-boat-building-and-repairing-global-market-report
The Ship And Boat Building And Repairing market is segmented -
• By Type: Ship Building And Repairing, Boat Building And 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 And Boat Building And Repairing market.
The Business Research Company's "Global Ship And Boat Building And Repairing Market Report 2024" 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 And Boat Building And Repairing Market Include:
1. Executive Summary
2. Ship And Boat Building And Repairing Market Characteristics
3. Ship And Boat Building And Repairing Product/Service Analysis -Product/Service Examples
4. Ship And Boat Building And Repairing Market Trends And Strategies
5. Ship And Boat Building And Repairing Market - Macro Economic Scenario
……………………………………….
68. Global Ship And Boat Building And Repairing Market Competitive Benchmarking
69. Global Ship And Boat Building And Repairing Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Ship And Boat Building And Repairing Market
71. Ship And Boat Building And Repairing Market Future Outlook and Potential Analysis
72. Appendix
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