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Global Shipbuilding Market Report: 2019 Edition

Global Shipbuilding Market Report: 2019 Edition

The shipbuilding industry is responsible for the design and construction of oceangoing vessels all around the world. Most of the global ship production today is concentrated in Asian countries such as China, Japan and South Korea, though large shipyards also exist in many other countries. The shipbuilding industry is involved in the construction and modification of ships and these operations are carried out in specialized facilities called shipyards. Commercial ships or vessels can be broadly segmented into segments that include tankers; bulkers; LNG carriers; LPG carriers; containers and others. Ships are built on custom made to order. Shipbuilding process starts with inquiries from customers, followed by completion of various processes until the vessel is completed. It takes at least 2 years to complete the manufacturing of a ship.

South Korea is a major contributor to the global shipbuilding market in terms of new shipbuilding orders whereas China holds a lion’s share in the global shipbuilding completions. Europe has been observing growth in its shipbuilding orderbook.

The global shipbuilding market is expected to grow in future due to increasing seaborne trade and economic growth, rising energy consumption, demand of eco-friendly ships and shipping services. Key trends of this market growing market segments, significant consumption of steel, average age of global fleet, advancements in container shipping, and rising demand for LNG fueled engine. In Japan, several reforms have taken place. In Korea, government is taking various initiatives to support shipbuilding industry. However, there are some factors which can hinder the market growth including associated risk of cyber breaches and environmental regulations.

The global shipbuilding industry is majorly dominated by three companies: HHI; DSME; and SHI. In terms of new orders, HHI leads the industry followed by DSME. Soon a merger is expected between these two shipbuilders. All three of them are Korean companies and leading the Korean shipbuilding industry as well.


1. Shipbuilding Market - An Overview
1.1 An Introduction
1.2 Shipbuilding Process
1.3 Shipbuilding Cycle
1.4 Types of Commercial Ships
Table 1: Types of Commercial Ships
1.5 Value Chain Analysis
Table 2: Value Chain of Shipbuilding Industry
1.6 Capacity Measurement Units
2. Global Shipbuilding Market Analysis
2.1 Global Shipbuilding New Orders
Table 3: Global Shipbuilding New Orders (2014-2018)
2.2 Global Shipbuilding New Orders by Region
Table 4: Global Shipbuilding New Orders by Region (2018)
2.3 Global Shipbuilding Completions
Table 5: Global Shipbuilding Completions (2014-2018)
2.4 Global Shipbuilding Completions by Region
Table 6: Global Shipbuilding Completions by Region (2018)
2.5 Global Shipbuilding Orderbook
Table 7: Global Shipbuilding Orderbook (2014-2018)
2.6 Global Shipbuilding Orderbook by Region
Table 8: Global Shipbuilding Orderbook by Region (2018)
3. Regional Market Analysis
3.1 South Korea
3.1.1 South Korea Shipbuilding New Orders
Table 9: South Korea Shipbuilding New Orders (2014-2018)
3.1.2 South Korea Shipbuilding Completions
Table 10: South Korea Shipbuilding Completions (2014-2018)
3.1.3 South Korea Shipbuilding Orderbook
Table 11: South Korea Shipbuilding Orderbook (2014-2018)
3.1.4 South Korea Shipbuilding Orderbook Volume by Type
Table 12: South Korea Shipbuilding Orderbook Volume by Type (2018)
3.2 China
3.2.1 China Shipbuilding New Orders
Table 13: China Shipbuilding New Orders (2014-2018)
3.2.2 China Shipbuilding Completions
Table 14: China Shipbuilding Completions (2014-2018)
3.2.3 China Shipbuilding Orderbook
Table 15: China Shipbuilding Orderbook (2014-2018)
3.2.4 China Shipbuilding Orderbook Volume by Type
Table 16: China Shipbuilding Orderbook Volume by Type (2018)
3.3 Europe
3.3.1 Europe Shipbuilding New Orders
Table 17: Europe Shipbuilding New Orders (2014-2018)
3.3.2 Europe Shipbuilding Completions
Table 18: Europe Shipbuilding Completions (2014-2018)
3.3.3 Europe Shipbuilding Orderbook
Table 19: Europe Shipbuilding Orderbook (2014-2018)
3.4 Japan
3.4.1 Japan Shipbuilding New Orders
Table 20: Japan Shipbuilding New Orders (2014-2018)
3.4.2 Japan Shipbuilding Completions
Table 21: Japan Shipbuilding Completions (2014-2018)
3.4.3 Japan Shipbuilding Orderbook
Table 22: Japan Shipbuilding Orderbook (2014-2018)
3.4.4 Japan Shipbuilding Orderbook Volume by Type
Table 23: Japan Shipbuilding Orderbook Volume by Type (2018)
4. Global Commercial Vessel Market Analysis
4.1 Commercial Vessels Fleet Size
Table 24: Global Commercial Vessels Fleet Size (2014-2018)
4.2 Commercial Vessels Fleet Size by Type
Table 25: Global Commercial Vessels Fleet Size by Type (2018)
4.2.1 Global Tankers Fleet Size
Table 26: Global Tankers Fleet Size (2014-2018)
4.2.2 Global Bulkers Fleet Size
Table 27: Global Bulkers Fleet Size (2014-2018)
4.2.3 Global Containers Fleet Size
Table 28: Global Containers Fleet Size (2014-2018)
4.3 Commercial Vessel New Orders Volume
Table 29: Global Commercial Vessel New Orders Volume (2014-2018)
4.4 Commercial Vessel New Orders Volume by Region
Table 30: Global Commercial Vessel New Orders Volume by Region (2014- Oct 2018)
4.5 Commercial Vessel New Orders Value
Table 31: Global Commercial Vessel New Orders Value (2014-2018)
4.6 Commercial Vessel New Orders Value by Type
Table 32: Global Commercial Vessel New Orders Value by Type (2018)
4.6.1 Global Tankers New Orders Value
Table 33: Global Tankers New Orders Value (2014-2018)
4.6.2 Global Bulkers New Orders Value
Table 34: Global Bulkers New Orders Value (2014-2018)
4.6.3 Global Containers New Orders Value
Table 35: Global Containers New Orders Value (2014-2018)
4.6.4 Global Gas Carriers New Orders Forecast
Table 36: Global Gas Carrier New Orders Value (2014-2018)
4.7 Commercial Vessel New Orders Value by Region
Table 37: Global Commercial Vessel New Orders Value by Region (2018)
4.7.1 Korea Commercial Vessel New Orders Value by Type
Table 38: Korea Commercial Vessel New Orders Value by Type (2014-2018)
4.8 Global Commercial Vessels Deliveries
Table 39: Global Commercial Vessels Deliveries (2014-2018)
4.9 Global Commercial Vessels Deliveries by Region
Table 40: Global Commercial Vessels Deliveries by Region (2018)
4.9.1 Korea Commercial Vessels Deliveries
Table 41: Korea Commercial Vessels Deliveries (2014–2018)
4.9.2 China Commercial Vessels Deliveries
Table 42: China Commercial Vessels Deliveries (2014–2018)
4.10 Global Commercial Vessels Order backlog
Table 43: Global Commercial Vessels Order Backlog (2014–Oct 2018)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Global Seaborne Trade
Table 44: Global Seaborne Trade (2014-2018)
5.1.2 Accelerating Economic Development
Table 45: Global GDP per Capita (2014-2018)
5.1.3 Rising Energy Consumption
Table 46: Global Fossil Fuel Energy Demand Forecast (2016/2040)
5.1.4 Growing Demand of Eco-friendly Ships
Table 47: Global Eco-Ships Order Forecast (2018-2023)
5.2 Market Trends
5.2.1 Average Age of World Merchant Fleet
Table 48: Age Distribution of Global Commercial Vessel Fleet by Type (2018)
5.2.2 Significant Steel Consumption
Table 49: Global Steel Consumption by Shipbuilding Industry (2014-2018)
5.2.3 Korean Government Taking Initiatives to Support Shipbuilding Industry
Table 50: Korean Government’s Policy Measures to Boost Shipbuilding Industry
5.2.4 Major Companies Restructuring Japanese Shipbuilding Industry
Table 51: Japanese Shipbuilding Industry Restructuration
5.3 Challenges
5.3.1 Risk of Cyber Breaches
5.3.2 Environmental Regulations
6. Competitive Landscape
6.1 Global Shipbuilding Market Share by Company
Table 52: Global Shipbuilding Market Share by Company (2018)
6.2 Revenue Comparison- Key Players
Table 53: Revenue Comparison- Key Players (2018)
6.3 Global LNGC Orderbook Share by Company
Table 54: Global LNGC Newbuild Order Share by Company (2018)
6.4 Europe Major Shipbuilders’ Order Intake
Table 55: Europe Major Shipbuilders’ Order Intake (2018)
7. Company Profiles
7.1 Hyundai Heavy Industries
7.1.1 Business Overview
Table 56: Hyundai Heavy Industries Net Sales by Business Segment (2018)
7.1.2 Financial Overview
Table 57: Hyundai Heavy Industries Net Sales and Net Income (2014-2018)
7.1.3 Business Strategies
7.2 DSME
7.2.1 Business Overview
Table 58: DSME Sales by Segment (2018)
7.2.2 Financial Overview
Table 59: DSME Revenue and Net Profit (2014-2018)
7.2.3 Business Strategies
7.3 Samsung Heavy Industries
7.3.1 Business Overview
7.3.2 Financial Overview
Table 60: Samsung Heavy Industries Net Sales and Net Income (2014-2018)
7.3.3 Business Strategies

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