The Ship Building And Repairing Global Market Report 2023 by The Business Research Company, provides ship building and repairing market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Ship Building And Repairing Global Market Report 2023, the market size grew from $226.71 billion in 2022 to $245.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ship building and repairing market is expected to grow to $333.08 billion in 2027 at a CAGR of 7.9%.
The shipbuilding and repair market is aided by stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market’s growth. Developed economies are also expected to register stable growth during the forecast period.
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The ship building and repairing market is segmented:
1) By Type: Ship Building, Ship Repairing
2) By Application: General Services, Dockage, Hull Part, Engine Parts, Electric Works, Auxiliary Services
3) By End-User: Transport Companies, Military, Other End Users.
The ship building and repairing market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Ship Building And Repairing Market Characteristics
4. Ship Building And Repairing Market Product Analysis
5. Leading Products/ Services
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20. Ship Building And Repairing Market Competitive Landscape
21. Key Mergers And Acquisitions In The Ship Building And Repairing Market
22. Market Background: Ship And Boat Building And Repairing Market
23. Recommendations
24. Appendix
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