The global Ship Building market, valued at $121.93 billion in 2020, is projected to grow to $170.90 billion by 2028, with a compound annual growth rate (CAGR) of 4.11% from 2021 to 2028. This growth is driven by various macroeconomic and microeconomic factors, including the increasing integration of artificial intelligence in shipbuilding processes.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Product Type (Cruise Ships, Cargo Ships, Military Vessels, Tugs, Fishing Vessels, Others)
By End-User (Transport, Military)
Key players
Hyundai Heavy Industries
Daewoo Shipbuilding
Marine Engineering
Samsung Heavy Industries
Mitsubishi Heavy Industry
TSUNEISHI SHIPBUILDING Co. Ltd.
Imabari Shipbuilding
Northstar Shipbuilding Private Limited
L&T India
United Shipbuilding Corporation
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