Shipbuilding Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Shipbuilding Market By Product type (Bulkers, Tankers, Containers, Cruise & Ferry, and others), By Application (Passenger transportation and Goods transportation), and Geography

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Report

Description

The global shipbuilding market is valued at USD 124.5 billion in 2020 and is expected to reach USD 190.7 billion by 2027, at a CAGR of 5.7% during the forecast period 2021-2027. The key factors driving are rapid industrialization and economic liberalization. During the forecast period, this is one of the main factors responsible for driving the market growth. Flourishing economic activities, such as foreign direct investment, have contributed to an increase in the buying power of consumers. This amplified the market for consumer goods. In exchange, this is expected to fuel the growth of the overall market. However, the rise in seaborne trade is expected to provide enormous growth opportunities, although fluctuations in the price of raw materials are expected to serve as a constraint on business growth. This report studies global shipbuilding market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global shipbuilding market report includes human demographics, regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions and market unmet needs.

Key Developments:

In 2020, NSWC Carderock made a fabricated model of the hospital ship USNS Comfort (T-AH 20) using its 3-D printer, first uploading CAD drawings of ship model in it.

Shipbuilding Market

MARKET SUMMARY
-
5.7% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.7%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe

Shipbuilding Market

  • The report on global shipbuilding market gives historical, current and future market sizes (US$ Bn) on the basis of product type, application, and geography.
  • shipbuilding market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • DSME Co., Ltd.
  • Hanjin Heavy Industries Co., Ltd.
  • Hyundai Heavy Industries Co., Ltd.
  • Imabari shipbuilding Co., Ltd.
  • MEYER WERFT GmbH & Co. KG
Shipbuilding Market

Drivers And Restraints

The design and construction of ocean-going vessels is the responsibility of the shipbuilding industry. Today, much of the global production of ships is concentrated in Asian countries such as China, Japan and South Korea, although many other countries also have large shipyards. In the design and modification of ships, the shipbuilding industry is involved and these activities are carried out in specialized facilities called shipyards. The shipbuilding industry mainly supplies the shipping industry and, thus, it is difficult to address a shipbuilding cycle entirely outside the context of a shipping cycle. Shipbuilding cycles are primarily caused by supply-demand differences in the shipping industry.


Asia-Pacific got significant share

Shipbuilding Market

In 2019, Asia-Pacific was a massive shipbuilding market, and the region is expected to provide market vendors with several growth opportunities during the forecast period. Growing developments in the regional maritime transport and naval shipbuilding sector are expected to help the growth of the Asia-Pacific shipbuilding market significantly.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market.
Shipbuilding Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Shipbuilding Market Introduction
    • Global Shipbuilding Market – Taxonomy
    • Global Shipbuilding Market –Definitions
      • By Product Type
      • By Application
      • By Region
  1. Global Shipbuilding Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Shipbuilding Market Dynamic Factors – Impact Analysis
    • Global Shipbuilding Market – Competition Landscape
  2. Global Shipbuilding Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Shipbuilding Market, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Bulkers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Tankers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Containers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cruise & Ferry
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Shipbuilding Market, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Passenger transportation
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Goods transportation
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Shipbuilding Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Shipbuilding Market – Opportunity Analysis Index, By Product Type, By Application, and Region, 2020 – 2026
  2. North America Shipbuilding Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Bulkers
      • Tankers
      • Containers
      • Cruise & Ferry
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger transportation
      • Goods transportation
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Shipbuilding Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2020 – 2026
    • North America Shipbuilding Market Dynamics – Trends
  3. Europe Shipbuilding Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Bulkers
      • Tankers
      • Containers
      • Cruise & Ferry
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger transportation
      • Goods transportation
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Shipbuilding Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2020 – 2026
    • Europe Shipbuilding Market Dynamics – Trends
  4. Asia-Pacific Shipbuilding Market Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Bulkers
      • Tankers
      • Containers
      • Cruise & Ferry
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger transportation
      • Goods transportation
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Shipbuilding Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2020 – 2026
    • Asia-Pacific Shipbuilding Market Dynamics – Trends
  5. Latin America Shipbuilding Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Bulkers
      • Tankers
      • Containers
      • Cruise & Ferry
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger transportation
      • Goods transportation
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Shipbuilding Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2020 – 2026
    • Latin America Shipbuilding Market Dynamics – Trends
  6. Middle East and Africa Shipbuilding Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Bulkers
      • Tankers
      • Containers
      • Cruise & Ferry
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger transportation
      • Goods transportation
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Shipbuilding Market – Opportunity Analysis Index, By Product Type, and Country, 2020 – 2026
    • MEA Shipbuilding Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Catch & Catch Offerings, Key Developments, Strategies, and SWOT Analysis)
      • DSME Co.,
      • Hanjin Heavy Industries Co., Ltd.
      • Hyundai Heavy Industries Co., Ltd.
      • Imabari shipbuilding, Ltd.
      • MEYER WERFT GmbH & Co. KG
      • Mitsubishi Heavy Industries, Ltd.
      • Oshima Shipbuilding, Ltd.
      • Samsung Heavy Industries, Ltd
      • Shanghai Waigaoqiao Shipbuilding Co., Ltd.
      • TSUNEISHI SHIPBUILDING, Ltd.
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • DSME Co., Ltd.
  • Hanjin Heavy Industries Co., Ltd.
  • Hyundai Heavy Industries Co., Ltd.
  • Imabari shipbuilding Co., Ltd.
  • MEYER WERFT GmbH & Co. KG
  • Mitsubishi Heavy Industries, Ltd.
  • Oshima Shipbuilding Co., Ltd.
  • Samsung Heavy Industries Co., Ltd
  • Shanghai Waigaoqiao Shipbuilding Co., Ltd.
  • TSUNEISHI SHIPBUILDING Co., Ltd.

Description

The global shipbuilding market is valued at USD 124.5 billion in 2020 and is expected to reach USD 190.7 billion by 2027, at a CAGR of 5.7% during the forecast period 2021-2027. The key factors driving are rapid industrialization and economic liberalization. During the forecast period, this is one of the main factors responsible for driving the market growth. Flourishing economic activities, such as foreign direct investment, have contributed to an increase in the buying power of consumers. This amplified the market for consumer goods. In exchange, this is expected to fuel the growth of the overall market. However, the rise in seaborne trade is expected to provide enormous growth opportunities, although fluctuations in the price of raw materials are expected to serve as a constraint on business growth. This report studies global shipbuilding market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global shipbuilding market report includes human demographics, regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions and market unmet needs.

Key Developments:

In 2020, NSWC Carderock made a fabricated model of the hospital ship USNS Comfort (T-AH 20) using its 3-D printer, first uploading CAD drawings of ship model in it.

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