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Ship Repairing Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939090

Quick Summary:

In a constantly evolving global economy, the ship repairing market emerges as a vital sector underpinning the robust continuum of maritime logistics and sea-based trade. With a marked progression underpinned by technological advancements, there is an ever-growing emphasis on maintenance, repair, and overhaul services to ensure fleet reliability and compliance with stringent maritime regulations. Our comprehensive market research report serves as an indispensable tool for senior business executives looking to navigate the brisk waves of the ship repairing industry.

This meticulous report distills the essence of market dynamics, offering a clear vantage point on emerging trends, such as the integration of AI and IoT in repair processes, that are reshaping the industry landscape. As the nexus between increased seaborne trade volume and ship longevity tightens, stakeholders seek actionable insights to steer their strategies towards anchoring a strong market position. Equip yourself with data-rich analysis and foresight that spots opportunities and fortifies decision-making agility in the competitive expanse of the ship repairing market.

The ship repairing market size has grown strongly in recent years. It will grow from $36.2 billion in 2023 to $39.46 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The strong economic expansion in emerging markets, a rise in seaborne trade, and an upsurge in industrial manufacturing were key factors contributing to the growth observed in the historical period.

The ship repairing market size is expected to see strong growth in the next few years. It will grow to $54.57 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The anticipated growth in the forecast period is linked to government initiatives, an increasing demand for e-commerce, a burgeoning interest in cruise tourism, and a rising population. Significant trends expected in this period encompass the integration of robotics in ship repairing, the adoption of artificial intelligence, the application of Internet of Things (IoT) technology, technological advancements, the utilization of 3D printing, and the fostering of partnerships and collaborations.

The growth of the shipbuilding market is expected to be fueled by the increasing volume of seaborne trade. The surge in population, heightened purchasing power among consumers, and improved standards of living are driving the demand for consumer goods, resulting in heightened production and rapid industrialization. For example, data from Hellenic Shipping News in 2021 revealed that global seaborne coal trade rose by 5.1% year-on-year to 984.7 million tons in the first 10 months of 2021, compared to 936.7 million tons in the same period of 2020. The manufacturing of environmentally friendly and advanced ships is being propelled by the growing need for efficient and cost-effective transportation solutions for goods movement. According to Alliance Experts, maritime transport enables the shipment of large volumes at a lower cost compared to road, rail, and air transport, contributing to the anticipated demand for the shipbuilding market.

The escalating frequency of natural disasters is poised to drive the growth of the ship repairing market in the future. Natural disasters, characterized as catastrophic events resulting from natural hazards, inflict substantial harm on societies and communities. Events such as hurricanes, typhoons, and tsunamis can cause significant damage to ships and offshore structures, leading to an increased demand for ship repair and maintenance services. For instance, a report published by the National Centers for Environmental Information (NCEI), a US-based government agency, in January 2023 highlighted that in 2022, the United States experienced 18 weather-related disasters with a minimum economic impact of $1 billion. Among these were 2 tornado outbreaks, 3 tropical cyclones, and 9 severe weather or hail occurrences. Consequently, the growing frequency of natural disasters is propelling the expansion of the ship-repairing market.


Leading companies in the ship repair sector are placing a strong emphasis on advancing technology services for ship maintenance. As an illustration, in February 2020, Maindeck, a modern SaaS provider for the ship maintenance and repair industry, particularly focusing on drydocking projects, introduced a mobile inspection app. This app allows for the delegation of access to specific project sections, operates offline, and seamlessly uploads data when internet access is detected.

Prominent companies within the ship repairing market are actively innovating, introducing new technologies such as visualization platforms to cater to a broader customer base, boost sales, and enhance revenue. Visualization platforms are software tools or systems that empower users to create, view, and interact with visual representations of data and information. For instance, in March 2022, Seaspan ULC, a shipbuilding company based in Canada, unveiled HoloShip, a visualization platform designed to accelerate the digital transformation of fleet maintenance and shipbuilding. HoloShip provides Seaspan and the Canadian marine industry community with access to a virtual reality environment for the development, integration, testing, and demonstration of new digital twin capabilities, revolutionizing ship design, construction, and maintenance. Seaspan's HoloShip allows designers, engineers, production teams, and customers to visually experience a comprehensive, three-dimensional, and highly accurate digital model of the vessel on a 5.6-meter-wide display wall.

In February 2023, Lone Star Funds, a private equity company based in the United States, acquired Titan Acquisition Holdings for an undisclosed amount. This acquisition ensures that Titan and its operating companies maintain their unwavering commitment to core values, including safety, compliance, quality, customer satisfaction, and competitiveness. Titan Acquisition Holdings is a US-based ship-repairing company.


Major companies operating in the ship repairing market report are Fincantieri S.p.A., United Shipbuilding Corporation, Sembcorp Marine Ltd., China Shipbuilding Industry Corporation, Imabari Shipbuilding Co. Ltd., Hyundai Mipo Dockyard Co. Ltd., Damen Shipyards Group, Cochin Shipyard Limited, Hanjin Heavy Industries And Construction, Arab Shipbuilding and Repair Yard, Hindustan Shipyard Limited, Garden Reach Shipbuilders and Engineers, Mitsubishi Heavy Industries, Yangzijiang Shipbuilding (Holdings) Ltd., New Times Shipbuilding Co. Ltd., Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Tsuneishi Holdings, Air Sea Transport Inc., Toshiba, Naval Yards Kiel GmbH, Lloyd Werft Bremerhaven, Neptune Werft GmbH, Schiffswerft Hermann Barthel GmbH, Meyer Werft, Limited Liability Company Fesco Integrated Transport, Remontowa, Seatech Engineering, General Dynamics Corporation, International Ship Repair and Marine Services Inc., GMD Shipyard Corp., Irving Shipbuilding Inc., Victoria Shipyards, BAE Systems, Lyon Shipyard, Gulf Copper, Astillero Nacional, Servicios Industriales De La Marine S.A., Estaleiros sermetal Ltd., Enavi & Renave, Caribbean Drydock Company, Damex Shipbuilding & Engineering, ShipTech, Dammam Shipyard, Zamil Offshore, Israel Shipyards Ltd., Gemak Group of Companies, Sefine Shipyard, Kuzey Star Shipyard, Desan Shipyard, Southern African Shipyards, Dormac Marine & Engineering, DCD Enerji Çevre ve Teknoloji A.Ş., Southern Engineering Co. Ltd., West Atlantic Shipyard, Nigerdock FZE.

Asia-Pacific was the largest region in the global ship repairing market in 2023. Western Europe was the second largest market in the global ship repairing market share. The regions covered in the ship repairing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ship repairing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

In the ship repairing market, the primary types include oil and chemical tankers, bulk carriers, general cargo, container ships, gas carriers, offshore vessels, passenger ships, ferries, mega yachts, and other vessels. Oil and chemical tankers are vessels designed for transporting and supplying oil to ships. The diverse applications encompass general services, dockage, hull parts, engine parts, electric works, and auxiliary services. Various end-users, including transport companies, the military, and other entities, utilize these services.

The ship repairing market research report is one of a series of new reports that provides ship repairing market statistics, including global ship repairing industry size, regional shares, competitors with a ship repairing market share, detailed ship repairing market segments, market trends and opportunities, and any further data you may need to thrive in the ship repairing industry. This ship-repairing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ship repairing market include revenues earned by entities by repairing of ships, conversion, and alteration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Frequently Asked Questions about the Global Ship Repairing Market

What is the estimated value of the Global Ship Repairing Market?

The Global Ship Repairing Market was estimated to be valued at $39.46 Billion in 2024.

What is the growth rate of the Global Ship Repairing Market?

The growth rate of the Global Ship Repairing Market is 8.4%, with an estimated value of $54.57 Billion by 2028.

What is the forecasted size of the Global Ship Repairing Market?

The Global Ship Repairing Market is estimated to be worth $54.57 Billion by 2028.

Who are the key companies in the Global Ship Repairing Market?

Key companies in the Global Ship Repairing Market include Fincantieri S.p.A., United Shipbuilding Corporation, Sembcorp Marine Ltd, China Shipbuilding Industry Corporation, Imabari Shipbuilding Co. Ltd., Hyundai Mipo Dockyard Co. Ltd., Damen Shipyards Group, Cochin Shipyard Limited, Hanjin Heavy Industries And Construction, Arab Shipbuilding and Repair Yard and Hindustan Shipyard Limited.

Table of Contents

1. Executive Summary2. Ship Repairing Market Characteristics3. Ship Repairing Market Trends and Strategies
4. Ship Repairing Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Ship Repairing Market Size and Growth
5.1. Global Ship Repairing Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Ship Repairing Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Ship Repairing Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Ship Repairing Market Segmentation
6.1. Global Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • General Cargo Ships
  • Bulk Cargo Carriers
  • Crude Oil Tankers
  • Chemical Tankers
  • Container Ships
  • Liquefied Natural Gas Tankers
  • Navy and Passenger Ships
  • Other Vessels
6.2. Global Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • General Services
  • Dockage
  • Hull Part
  • Engine Parts
  • Electric Works
  • Auxiliary Services
6.3. Global Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Logistics Companies
  • Cruise Operators
  • Other End Users
7. Ship Repairing Market Regional and Country Analysis
7.1. Global Ship Repairing Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Ship Repairing Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Ship Repairing Market
8.1. Asia-Pacific Ship Repairing Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Ship Repairing Market
9.1. China Ship Repairing Market Overview
9.2. China Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Ship Repairing Market
10.1. India Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Ship Repairing Market
11.1. Japan Ship Repairing Market Overview
11.2. Japan Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Ship Repairing Market
12.1. Australia Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Ship Repairing Market
13.1. Indonesia Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Ship Repairing Market
14.1. South Korea Ship Repairing Market Overview
14.2. South Korea Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Ship Repairing Market
15.1. Western Europe Ship Repairing Market Overview
15.2. Western Europe Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Ship Repairing Market
16.1. UK Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Ship Repairing Market
17.1. Germany Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Ship Repairing Market
18.1. France Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Ship Repairing Market
19.1. Italy Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Ship Repairing Market
20.1. Spain Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Ship Repairing Market
21.1. Eastern Europe Ship Repairing Market Overview
21.2. Eastern Europe Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Ship Repairing Market
22.1. Russia Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Ship Repairing Market
23.1. North America Ship Repairing Market Overview
23.2. North America Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Ship Repairing Market
24.1. USA Ship Repairing Market Overview
24.2. USA Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Ship Repairing Market
25.1. Canada Ship Repairing Market Overview
25.2. Canada Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Ship Repairing Market
26.1. South America Ship Repairing Market Overview
26.2. South America Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Ship Repairing Market
27.1. Brazil Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Ship Repairing Market
28.1. Middle East Ship Repairing Market Overview
28.2. Middle East Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Ship Repairing Market
29.1. Africa Ship Repairing Market Overview
29.2. Africa Ship Repairing Market, Segmentation by Vessel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Ship Repairing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Ship Repairing Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Ship Repairing Market Competitive Landscape and Company Profiles
30.1. Ship Repairing Market Competitive Landscape
30.2. Ship Repairing Market Company Profiles
30.2.1. Fincantieri S.p.A., United Shipbuilding Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Sembcorp Marine Ltd
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. China Shipbuilding Industry Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Imabari Shipbuilding Co. Ltd.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Hyundai Mipo Dockyard Co. Ltd.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Ship Repairing Market Other Major and Innovative Companies
31.1. Damen Shipyards Group
31.2. Cochin Shipyard Limited
31.3. Hanjin Heavy Industries and Construction
31.4. Arab Shipbuilding and Repair Yard
31.5. Hindustan Shipyard Limited
31.6. Garden Reach Shipbuilders and Engineers
31.7. Mitsubishi Heavy Industries
31.8. Yangzijiang Shipbuilding (Holdings) Ltd.
31.9. New Times Shipbuilding Co. Ltd.
31.10. Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME)
31.11. Tsuneishi Holdings
31.12. Air Sea Transport Inc.
31.13. Toshiba
31.14. Naval Yards Kiel GmbH
31.15. United Shipbuilding Corporation
32. Global Ship Repairing Market Competitive Benchmarking33. Global Ship Repairing Market Competitive Dashboard34. Key Mergers and Acquisitions in the Ship Repairing Market
35. Ship Repairing Market Future Outlook and Potential Analysis
35.1 Ship Repairing Market in 2028 - Countries Offering Most New Opportunities
35.2 Ship Repairing Market in 2028 - Segments Offering Most New Opportunities
35.3 Ship Repairing Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Ship Repairing Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ship repairing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for ship repairing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Vessel Type: General Cargo Ships; Bulk Cargo Carrier; Crude Oil Tankers; Chemical Tankers; Container Ships; Liquefied Natural Gas Tankers; Navy and Passenger Ships; Other Vessels
2) By Application: General Services; Dockage; Hull Part; Engine Parts; Electric Works; Auxiliary Services
3) By End-user: Transport Companies; Military; Other End-Users

Key Companies Mentioned: Fincantieri S.p.A., United Shipbuilding Corporation; Sembcorp Marine Ltd; China Shipbuilding Industry Corporation; Imabari Shipbuilding Co. Ltd.; Hyundai Mipo Dockyard Co. Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Fincantieri S.p.A.
  • United Shipbuilding Corporation
  • Sembcorp Marine Ltd
  • China Shipbuilding Industry Corporation
  • Imabari Shipbuilding Co. Ltd.
  • Hyundai Mipo Dockyard Co. Ltd.
  • Damen Shipyards Group
  • Cochin Shipyard Limited
  • Hanjin Heavy Industries And Construction
  • Arab Shipbuilding and Repair Yard
  • Hindustan Shipyard Limited
  • Garden Reach Shipbuilders and Engineers
  • Mitsubishi Heavy Industries
  • Yangzijiang Shipbuilding (Holdings) Ltd.
  • New Times Shipbuilding Co. Ltd.
  • Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME)
  • Tsuneishi Holdings
  • Air Sea Transport Inc.
  • Toshiba
  • Naval Yards Kiel GmbH
  • Lloyd Werft Bremerhaven
  • Neptune Werft GmbH
  • Schiffswerft Hermann Barthel GmbH
  • Meyer Werft
  • Limited Liability Company Fesco Integrated Transport
  • Remontowa
  • Seatech Engineering
  • General Dynamics Corporation
  • International Ship Repair and Marine Services Inc.
  • GMD Shipyard Corp.
  • Irving Shipbuilding Inc.
  • Victoria Shipyards
  • BAE Systems
  • Lyon Shipyard
  • Gulf Copper
  • Astillero Nacional
  • Servicios Industriales De La Marine S.A.
  • Estaleiros sermetal ltd
  • Enavi & Renave
  • Caribbean Drydock Company
  • Damex Shipbuilding & Engineering
  • ShipTech
  • Dammam Shipyard
  • Zamil Offshore
  • Israel Shipyards Ltd.
  • Gemak Group of Companies
  • Sefine Shipyard
  • Kuzey Star Shipyard
  • Desan Shipyard
  • Southern African Shipyards
  • Dormac Marine & Engineering
  • DCD Enerji Çevre ve Teknoloji A.Ş.
  • Southern Engineering Co. Ltd.
  • West Atlantic Shipyard
  • Nigerdock FZE

Methodology

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