Press release
Charting Waters : Shipbuilding Market Projected to Reach $195.48 Billion by 2030 - Insights by Allied Market Research
Shipbuilding Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/A08511
he global shipbuilding market report highlights the factors influencing the growth of the industry, top players in the market, segmentation, and competitive analysis. It further explains investment opportunities in the sector to help market participants in implementing key strategies. This analysis provides a detailed portrayal of the global Shipbuilding market, offering insights into current trends and future projections to identify potential investment opportunities. The assessment of the Shipbuilding market opportunity involves grasping profitable trends to establish a more solid and advantageous position.
Factors influencing the growth of the shipbuilding market:
The report offers insights into the key drivers, constraints, and opportunities shaping the global Shipbuilding market, supplemented by a thorough impact analysis. The growth of the global shipbuilding market is propelled by key factors such as GDP growth, improved economic conditions, the expansion of global seaborne trade, heightened demand for cargo transportation via ships, growing prevalence of trade-related agreements, advancements in technology related to marine vessel engines, and the increasing trend of automation in marine transportation.
Drivers, restraints, and opportunities
Rise in demand for cargo transportation through ships, technological development in marine vessel engines, and gradual rise in international seaborne trade have boosted the growth of the global shipbuilding market. However, environmental concerns regarding marine vessels and fluctuating transportation & inventory costs hinder the market growth. On the contrary, surge in marine safety norms and trend of automation in marine transportation are expected to open new opportunities in the future.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/shipbuilding-market/purchase-options
๐๐ก๐ ๐๐ฎ๐ฅ๐ค ๐๐๐ซ๐ซ๐ข๐๐ซ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ
By type, the bulk carriers segment held the largest share in 2020, accounting for more than one-third of the market. However, the general cargo ships segment is expected to register the highest CAGR of 6.1% during the forecast period.
๐๐ก๐ ๐ฆ๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ง๐ข๐๐๐ฌ๐ญ ๐ญ๐ก๐ ๐ก๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐๐๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐๐๐
By end use, the military segment would showcase the highest CAGR of 7.1% from 2021 to 2030, due to rise in investment and inclination toward the marine defense sector. However, the transport segment held the largest share in 2020, contributing to more than 90% of the market, due to rise in trading activities between different countries.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐, ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐๐ ๐๐ฒ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง๐ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐ก๐๐ฅ๐ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฌ๐ก๐๐ซ๐
By region, the market across Asia-Pacific, followed by Europe and North America, held the lion's share in 2020, accounting for more than four-fifths of the market, due to cheaper wages, growing seaborne trade, and strong government backing. However, the market across Europe would showcase the highest CAGR of 5.4% from 2021 to 2030.
๐๐๐ฃ๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
BAE SYSTEMS PLC
SAMSUNG HEAVY INDUSTRIES CO., LTD.
FINCANTIERI GROUP
DAMEN SHIPYARDS GROUP
GENERAL DYNAMICS CORPORATION
OSHIMA SHIPBUILDING CO., LTD.
HUNTINGTON INGALLS INDUSTRIES, INC.
KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD. (HYUNDAI HEAVY INDUSTRIES CO., LTD.)
MITSUBISHI HEAVY INDUSTRIES, LTD.
SUMITOMO HEAVY INDUSTRIES, LTD.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/A08511
๐๐จ๐ฏ๐ข๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ:
The Covid-19 pandemic and prolonged lockdown across several countries hampered the manufacturing sector. The shipbuilding companies suffered heavy losses during the first and second quarter of 2020, due to disrupted supply chains and production schedules.
The pandemic led to disruptions for shipyard operations such as development of new buildings and repair and conversion projects.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ก๐ข๐ฉ๐ฉ๐ข๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
https://www.alliedmarketresearch.com/ship-repair-and-maintenance-service-market-A08774 - Ship Repair and Maintenance Service Market Size, Share, Competitive Landscape and Trend Analysis Report by Vessel (Gas Carriage, Oil and Chemical Tankers, Bulk Carriers, General Cargo, Container Ship, Passenger Ship) and by Application (General Services, Dockage, Engine Parts, Electric Works, Auxiliary Services): Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/global-connected-ship-market-A07126 - Connected Ship Market Size, Share, Competitive Landscape and Trend Analysis Report by Ship Type (Commercial, Defense, Cargo), by Application (Vessel Traffic Management (VTM), Fleet Operations, Fleet Health monitoring, Others), by Installation Type (Onboard, Onshore) and by Fit (Line fit, Retrofit): Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/autonomous-ships-market - Autonomous Ships Market Size, Share, Competitive Landscape and Trend Analysis Report by Level of Autonomy (Semi-autonomous and Fully-autonomous), Ship Type (Commercial, Passenger, and Defense), Component (Hardware and Software) and Fuel Type (Carbon Neutral Fuels, LNG, Electric, and Heavy Fuel Oil/Marine Engine Fuel): Global Opportunity Analysis and Industry Forecast, 2020-2030
https://www.alliedmarketresearch.com/ship-winch-market-A11729 - Ship Winch Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Electric Ship Winch, Hydraulic Ship Winch), by End Users (Commercial Merchant Ship, Travel Leisure Ship) and by Application (Marine Engineering, Hoisting Freight, Fishing): Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/electric-ships-market-A09173 - Electric Ships Market Size, Share, Competitive Landscape and Trend Analysis Report by Propulsion Type (Fully Electric, Hybrid), by Mode of Operation (Autonomous, Non-autonomous), by System (Energy Storage, Power Conversion, Power Generation, Power Distribution): Global Opportunity Analysis and Industry Forecast, 2023-2032
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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