Press release
Shipbuilding Market Set to Surge: Projected to Reach USD 175.4 Billion by 2030 with a 4.5% CAGR from 2022-2030
Shipbuilding Market InsightsShipbuilding Market size is projected to reach USD175.4 billion by 2030, registering a CAGR of 4.5% During 2022-2030.
The shipbuilding market refers to the industry involved in the construction, repair, and maintenance of ships and other marine vessels. The shipbuilding market is driven by the demand for new vessels to meet transportation and maritime industry needs.
Shipbuilding involves a complex process that includes planning, designing, procurement of materials, construction, outfitting, and testing of the completed vessel. The market includes shipyards, which are facilities equipped with specialized infrastructure, machinery, and skilled labor to carry out the construction and repair of ships.
The COVID-19 pandemic had a significant impact on the shipbuilding market. The pandemic led to disruptions in global supply chains, including the shipbuilding industry. Lockdown measures, travel restrictions, and temporary closures of factories and ports affected the availability of raw materials, components, and equipment necessary for ship construction.
Free Sample Report @https://www.marketresearchfuture.com/sample_request/10314
Key Players
Some of the key market players are:
• Raytheon Technologies Corporation (US)
• Huntington Ingalls Industries Inc. (US)
• General Dynamics Corporation (US)
• Damen Shipyards Group (Netherlands)
• BAE Systems (UK)
• STX Offshore & Shipbuilding Co.Ltd. (South Korea)
• Sumitomo Heavy Industries Ltd.(Japan)
• FINCANTIERI S.p.A.(Italy)
• China State Shipbuilding Corporation Limited (China)
• DSME Co.Ltd. (South Korea)
• China Shipbuilding Industry Corporation (China)
• United Shipbuilding Corporation (Russia)
Market Segmentation
The Shipbuilding Market has been segmented into type, process and end user.
Based on the type, the market has been segmented into cargo, vessel, container, tanker and multi-purpose ship.
Based on the process, the market has been segmented into designing, production planning, cutting and processing and assembling and launching and outfitting.
Based on the end user, the market has been segmented into commercial and military.
Buy Now @https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=10314
Regional Analysis
Asia Pacific remains the largest region in the shipbuilding market. Countries such as China, South Korea, and Japan have a dominant presence in terms of shipbuilding capacity and output.
China has consistently held the title of the world's largest shipbuilder for several years. Chinese shipyards benefit from economies of scale, a large labor force, and government support. They are capable of constructing a wide range of vessels, including bulk carriers, container ships, oil tankers, and offshore support vessels.
South Korea has long been a significant player in the shipbuilding market, with companies like Hyundai Heavy Industries, Samsung Heavy Industries, and Daewoo Shipbuilding & Marine Engineering leading the way. Korean shipbuilders are known for their technological advancements, quality construction, and competitiveness in the global market.
Related Report:
Autonomous Ships Market Research Report Information Forecast till 2030 - https://www.marketresearchfuture.com/reports/autonomous-ships-market-8103
Europe Electric Ships Market Research Report Information Forecast Till 2030 - https://www.marketresearchfuture.com/reports/europe-electric-ships-market-9516
Contact:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor, New York, New York 10013,
United States of America
+1 646 845 9312
Email: sales@marketresearchfuture.com
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Shipbuilding Market Set to Surge: Projected to Reach USD 175.4 Billion by 2030 with a 4.5% CAGR from 2022-2030 here
News-ID: 3440095 • Views: …
More Releases from Market Research Future (MRFR)
Payment Service Provider Market Projected to Hit USD 140.91 Billion at a 5.48% C …
Market Overview:
The Payment Service Provider (PSP) market has witnessed substantial growth over the past decade, driven by the explosive rise in digital commerce, mobile payments, and cross-border transactions. As businesses strive to streamline payment processes and deliver frictionless experiences to customers, the demand for robust, secure, and scalable PSP solutions has surged.
PSPs serve as intermediaries between merchants and financial institutions, enabling the acceptance of electronic payments via multiple methods…
Boundary Scan Hardware Market Poised for Growth, Reaching USD 3.16 Billion by 20 …
Market Overview:
The Boundary Scan Hardware Market has emerged as a crucial segment within the electronics testing and debugging industry, offering advanced solutions for fault detection and circuit verification in integrated circuits (ICs) and printed circuit boards (PCBs). Leveraging the IEEE 1149.1 standard, boundary scan commonly referred to as JTAG (Joint Test Action Group) provides a non-invasive and efficient testing methodology that minimizes the need for physical probes. Boundary Scan Hardware…
Metaverse for Automotive Market is Expected to Touch USD 123.51 Billion By 2034
Market Overview:
The Metaverse for Automotive Market is redefining how automakers, suppliers, and consumers interact in a digitally immersive world. With the integration of AR/VR, IoT, blockchain, and AI technologies, the automotive industry is stepping into the virtual realm to enhance everything from product design and manufacturing to marketing, sales, and customer service.
The global rise in digital transformation, coupled with increasing consumer demand for interactive and customized experiences, is fueling…
AGV Software Market to Grow at 10.82% CAGR, Hitting USD 6.46 Billion by 2034
Market Overview:
The AGV Software Market is rapidly evolving as industries shift towards intelligent automation and digital transformation in their logistics and material handling operations. AGV software acts as the brain of autonomous vehicles, enabling seamless navigation, scheduling, route optimization, fleet coordination, and task management. With the growing demand for efficient, contactless, and error-free logistics, AGV systems have found significant adoption across warehouses, manufacturing plants, ports, and healthcare facilities. AGV Software…
More Releases for Shipbuilding
Shipbuilding Market 2021 Strategic Assessments and Business Scenario – Hyundai …
The Global Shipbuilding Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.
over the next…
Global Shipbuilding Market Analysis by Industry Size (2021-2026) - China Shipbui …
MarketandResearch.biz added a new report titled Global Shipbuilding Market Growth 2021-2026 which provides the latest industry data and future industry trends. The report studies factor which is considered to have greater influence over the future course of the global Shipbuilding market such as market size, share and different dynamics of the industry, companies, regional analysis of the domestic markets, value chain analysis, consumption, demand, key application areas. The report provides…
Shipbuilding Market Exclusive Study Report 2025 by Top Key Players like Hyundai, …
The Shipbuilding Market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the…
Shipbuilding Market Outlook to 2027 : Oshima Shipbuilding Co., Ltd.,Shanghai Wai …
The Global Shipbuilding Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The study provides company profiling, product picture and specifications, sales, market share and contact information of key manufacturers of Global Shipbuilding Market.
The Key manufactures involved in this market are DSME…
Commercial Shipbuilding Market Outlook to 2027 - Daewoo Shipbuilding Marine Engi …
Commercial Shipbuilding is a process of construction of ships along with floating vessels, especially for commercial purpose. The construction process takes place in a specific facility, i.e. Shipyards by specialized experts known as shipbuilders. There several types of commercial shipbuilding available in the market namely: cargo ship, tankers, fishing boats, specialist ships and passenger ship.
The "Global Commercial Shipbuilding Market Analysis to 2027" is a specialized and in-depth study of the…
Shipbuilding Market Outlook to 2025 - Daewoo Shipbuilding & Marine Engineering, …
An off-the-shelf report on Shipbuilding Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical…
