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Dry Docks & Cargo Inspection Services in the US - Industry Market Research Report

Publisher IBISWorld
Published Jul 14, 2024
Length 89 Pages
SKU # IBSS19023117

Description

Dry Docks & Cargo Inspection Services in the US - Industry Market Research Report


Dry Docks & Cargo Inspection Services in the US

The industry provides maintenance, cargo inspection and other support services to commercial and government watercraft. Increased trade activity in recent years has increased demand for industry services, fueled by rising consumption and industrial production. As more cargo ships facilitate trade, demand for ship repair and other industry services rises. Simultaneously, declines in industry-relevant federal defense spending and outdated infrastructure in many US ports have constrained industry revenue and profitability during in the current period. Additionally, the COVID-19 pandemic significantly hampered trade activity and consumer spending, temporarily mitigating revenue. Ultimately, industry revenue has improved at a CAGR of 4.0% over the past five years and is expected to total $2.4 billion in 2023, with a 0.5% increase in 2023 alone.

This industry provides support services to water transportation industries including ship maintenance and repair, towing, cargo inspection and surveying. Shipbuilding and other manufacturing activities are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

89 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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