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5.5% Estimated Growth for Global Shipbuilding Market from 2021-26

The global Shipbuilding market was valued at US$ 59370 million in 2019 and it is expected to reach US$ 46750 million by the end of 2026, growing at a CAGR of 5.5% during 2021-2026.

Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.

The global shipbuilding industry is majorly dominated by three countries: China; South Korea; and Japan. The key player includes China Shipbuilding Group Corporation, KSOE (Hyundai Heavy Industries), Daewoo Shipbuilding, Fincantieri, Samsung Heavy Industries, Imabari Shipbuilding, Japan Marine United, COSCO SHIPPING HEAVY INDUSTRY, Yangzijiang Shipbuilding, Oshima Shipbuilding.

China has the largest market share in the global shipbuilding market currently, followed by South Korea and Japan. China’s new order market share of the shipbuilding industry has reached around 41%, followed by South Korea with around 35% and Japan with around 16% in 2019.

The shipbuilding industry is divided into bulk carriers, cruise ships, containers and other ship types.

The shipbuilding industry can be applied to hateful transportation, passenger transportation, and other purposes.

Global Shipbuilding Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Shipbuilding Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are China Shipbuilding Group Corporation, KSOE (Hyundai Heavy Industries), Daewoo Shipbuilding, Fincantieri, Samsung Heavy Industries, Imabari Shipbuilding, Japan Marine United, COSCO SHIPPING HEAVY INDUSTRY, Yangzijiang Shipbuilding, Oshima Shipbuilding and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-shipbuilding-market-research-report-2021

Segment by Type

  • Bulkers
  • Tankers
  • Containers
  • Other Ships

Segment by Application

  • Goods Transportation
  • Passenger Transportation
  • Others

Table of Content:

1 Shipbuilding Market Overview

2 Market Competition by Manufacturers

3 Production and Capacity by Region

4 Global Shipbuilding Consumption by Region

5 Production, Revenue, Price Trend by Type

6 Consumption Analysis by Application

7 Key Companies Profiled

8 Shipbuilding Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

Media Contact

Company Name: The Market Reports

Contact Person: Shirish Gupta

Email: sales@themarketreports.com

Phone: +1-631-407-1315