Global Shipbuilding Market Report with Potential Impact of COVID-19: 2020 Edition

Global Shipbuilding Market Report with Potential Impact of COVID-19: 2020 Edition

The global shipbuilding new orders reached 42.74 million GT in 2019. The factors such as increasing sea-borne trade, accelerating economic growth, growing energy consumption and rising demand of eco-friendly ships are expected to drive the market. However, growth of the industry would be challenged by the environmental regulations, risk of cyber breaches and trade wars. A few notable trends include average age of world merchant fleet, significant steel usage, Korean government taking initiatives to support shipbuilding industry, major companies restructuring Japanese shipbuilding industry and growing demand for LNG bunkering.

The shipbuilding industry is responsible for the design and construction of ocean going vessels. 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. The shipbuilding industry primarily supplies the shipping industry and, hence, a shipbuilding cycle cannot be discussed entirely outside the context of a shipping cycle. Basically the supply-demand gaps in the shipping industry lead to shipbuilding cycles.

Increasing demand for shipping services and energy consumption in developing economies supported the demands for bulkers and tankers, globally. As an outcome of high growth in adoption of high-tech ship construction machines by domestic shipbuilders, South Korean shipbuilding completions inclined impressively in 2019.

Scope of the report:

The report provides a comprehensive analysis of the global shipbuilding market segmented into Tankers, Bulkers, Container Ships and Gas Carriers.

The major countries i.e. Korea, China, Japan and Europe have been analysed.

The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.

The competitive landscape of the market, along with the company profiles of leading players i.e. Hyundai Heavy Industries Co., Ltd, Daewoo Shipbuilding & Marine Engineering Co., Ltd., Samsung Heavy Industries Co., Ltd, Fincantieri SpA, Sembcorp Marine Ltd and Sumitomo Heavy Industries, Ltd are also presented in detail.

Key Target Audience:

Ship Manufacturers

Raw Material Suppliers

End Users

Consulting Firms

Investment Banks

Government Bodies & Regulating Authorities


1. Market Overview
1.1 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. Impact of COVID-19
2.1 COVID-19
2.2 PESTEL Analysis
Table 3: PESTEL Analysis of Shipbuilding Industry
Table 4: Global GDP Growth Rate (February 2020 - March 2020)
Table 5: Global Shipbuilding Orders (2019 –2020)
3. Global Shipbuilding Market Analysis
3.1 Global Shipbuilding New Orders
Table 6: Global Shipbuilding New Orders (2015-2019)
3.2 Global Shipbuilding New Orders by Region
Table 7: Global Shipbuilding New Orders by Region (2019)
3.3 Global Shipbuilding Completions
Table 8: Global Shipbuilding Completions (2015-2019)
3.4 Global Shipbuilding Completions by Region
Table 9: Global Shipbuilding Completions by Region (2019)
3.5 Global Shipbuilding Orderbook
Table 10: Global Shipbuilding Orderbook (2015-2019)
3.6 Global Shipbuilding Orderbook by Region
Table 11: Global Shipbuilding Orderbook by Region (2019)
4. Regional Shipbuilding Market Analysis
4.1 South Korea
4.1.1 South Korea Shipbuilding New Orders
Table 12: South Korea Shipbuilding New Orders (2015-2019)
4.1.2 South Korea Shipbuilding Completions
Table 13: South Korea Shipbuilding Completions (2015-2019)
4.1.3 South Korea Shipbuilding Orderbook
Table 14: South Korea Shipbuilding Orderbook (2015-2019)
4.1.4 South Korea Shipbuilding Orderbook Volume by Type
Table 15: South Korea Shipbuilding Orderbook Volume by Type (2019)
4.2 China
4.2.1 China Shipbuilding New Orders
Table 16: China Shipbuilding New Orders (2015-2019)
4.2.2 China Shipbuilding Completions
Table 17: China Shipbuilding Completions (2015-2019)
4.2.3 China Shipbuilding Orderbook
Table 18: China Shipbuilding Orderbook (2015-2019)
4.2.4 China Shipbuilding Orderbook Volume by Type
Table 19: China Shipbuilding Orderbook Volume by Type (2019)
4.3 Japan
4.3.1 Japan Shipbuilding New Orders
Table 20: Japan Shipbuilding New Orders (2015-2019)
4.3.2 Japan Shipbuilding Completions
Table 21: Japan Shipbuilding Completions (2015-2019)
4.3.3 Japan Shipbuilding Orderbook
Table 22: Japan Shipbuilding Orderbook (2015-2019)
4.3.4 Japan Shipbuilding Orderbook Volume by Type
Table 23: Japan Shipbuilding Orderbook Volume by Type (2019)
4.4 Europe
4.4.1 Europe Shipbuilding New Orders
Table 24: Europe Shipbuilding New Orders (2015-2019)
4.4.2 Europe Shipbuilding Completions
Table 25: Europe Shipbuilding Completions (2015-2019)
4.4.3 Europe Shipbuilding Orderbook
Table 26: Europe Shipbuilding Orderbook (2015-2019)
5. Global Commercial Vessel Market Analysis
5.1 Global Commercial Vessels Fleet Size
Table 27: Global Commercial Vessels Fleet Size (2015-2019)
5.2 Global Commercial Vessels Fleet Size by Type
Table 28: Global Commercial Vessels Fleet Size by Type (2019)
5.2.1 Global Bulkers Fleet Size
Table 29: Global Bulkers Fleet Size (2015-2019)
5.2.2 Global Tankers Fleet Size
Table 30: Global Tankers Fleet Size (2015-2019)
5.2.3 Global Containers Fleet Size
Table 31: Global Containers Fleet Size (2015-2019)
5.3 Global Commercial Vessel New Orders Volume
Table 32: Global Commercial Vessel New Orders Volume (2015-2019)
5.4 Global Commercial Vessel New Orders Volume by Region
Table 33: Global Commercial Vessel New Orders Volume by Region (2015- Oct 2019)
5.5 Global Commercial Vessel New Orders Value
Table 34: Global Commercial Vessel New Orders Value (2015-2019)
5.6 Global Commercial Vessel New Orders Value by Type
Table 35: Global Commercial Vessel New Orders Value by Type (2019)
5.6.1 Global Gas Carriers New Orders Value
Table 36: Global Gas Carriers New Orders Value (2015-2019)
5.6.2 Global Tanker New Orders Value
Table 37: Global Tanker New Orders Value (2015-2019)
5.6.3 Global Bulkers New Orders Value
Table 38: Global Bulkers New Orders Value (2015-2019)
5.6.4 Global Container New Orders Value
Table 39: Global Container New Orders Value (2015-2019)
5.7 Global Commercial Vessel New Orders Value by Region
Table 40: Global Commercial Vessel New Orders Value by Region (2019)
5.7.1 Korea Commercial Vessel New Orders Value by Type
Table 41: Korea Commercial Vessel New Orders Value by Type (2015-2019)
5.8 Global Commercial Vessels Deliveries
Table 42: Global Commercial Vessels Deliveries (2015-2019)
5.9 Global Commercial Vessels Deliveries by Region
Table 43: Global Commercial Vessels Deliveries by Region (2019)
5.9.1 China Commercial Vessels Deliveries
Table 44: China Commercial Vessels Deliveries (2015-2019)
5.9.2 Korea Commercial Vessels Deliveries
Table 45: Korea Commercial Vessels Deliveries (2015-2019)
5.10 Global Commercial Vessels Order backlog by Region
Table 46: Global Commercial Vessels Order backlog by Region (2015-Oct 2019)
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Sea-borne Trade
Table 47: Global Sea-borne Trade (2015-2019)
6.1.2 Accelerating Economic Growth
Table 48: Global GDP per Capita (2015-2019)
6.1.3 Growing Energy Consumption
Table 49: Global Fossil Fuel Energy Demand Forecast (2016/2040)
6.1.4 Rising Demand of Eco-friendly Ships
Table 50: Global Eco-Ships Order Forecast (2019-2024)
6.2 Key Trends and Developments
6.2.1 Average Age of World Merchant Fleet
Table 51: Age Distribution of Global Commercial Vessel Fleet by Type (2018/2019)
6.2.2 Significant Steel Usage
Table 52: Global Steel Consumption by Shipbuilding Industry (2015-2019)
6.2.3 Korean Government Taking Initiatives to Support Shipbuilding Industry
Table 53: Korean Government’s Policy Measures to Boost Shipbuilding Industry
6.2.4 Major Companies Restructuring Japanese Shipbuilding Industry
Table 54: Japanese Shipbuilding Industry Restructuration
6.2.5 Growing Demand for LNG Bunkering
Table 55: Global LNG Bunkering Market (2019-2024)
6.3 Challenges
6.3.1 Environmental Regulations
6.3.2 Risk of Cyber Breaches
6.3.3 Trade Wars
7. Competitive Landscape
7.1 Global Shipbuilding Market
7.1.1 Key Players – Market Share Comparison
Table 56: Key Players – Market Share Comparison (2019)
7.1.2 Key Players – Revenue Comparison
Table 57: Key Players – Revenue Comparison (2018)
7.1.3 Key Players – Market Cap Comparison
Table 58: Key Players – Market Cap Comparison
7.1.4 Key Players – Order Backlog Comparison
Table 59: Key Players – Order Backlog Comparison (2019)
7.1.5 Key Players – LNGC Orderbook Share Comparison
Table 60: Key Players – Global LNGC Orderbook Share Comparison (2019)
7.2 China Shipbuilding Market
7.2.1 Key Players – Order Backlog Share Comparison
Table 61: Key Players – China Shipbuilding Order Backlog Share Comparison (2019)
7.3 Europe Shipbuilding Market
7.3.1 Key Players – Order Backlog Comparison
Table 62: Key Players – Europe Shipbuilding Order Backlog Comparison (2018)
8. Company Profiles
8.1 Hyundai Heavy Industries Co., Ltd.
8.1.1 Business Overview
8.1.2 Financial Overview
Table 63: Hyundai Heavy Industries Net Sales and Net Income (Loss) (2014-2018)
Table 64: Hyundai Heavy Industries Net Sales by Segment (2018)
8.1.3 Business Strategies
8.2 Daewoo Shipbuilding & Marine Engineering Co., Ltd.
8.2.1 Business Overview
8.2.2 Financial Overview
Table 65: DSME Revenues and Net Profit (Loss) (2015-2019)
8.3 Samsung Heavy Industries Co., Ltd
8.3.1 Business Overview
8.3.2 Financial Overview
Table 66: Samsung Heavy Industries Net Sales and Net Income (Loss) (2014-2018)
8.3.3 Business Strategies
8.4 Fincantieri SpA
8.4.1 Business Overview
8.4.2 Financial Overview
Table 67: Fincantieri Revenues and Profit (Loss) (2015-2019)
Table 68: Fincantieri Revenues by Segment (2019)
8.4.3 Business Strategies
8.5 Sembcorp Marine Ltd
8.5.1 Business Overview
Table 69: Sembcorp Marine Segment Description
8.5.2 Financial Overview
Table 70: Sembcorp Marine Revenues and Net Profit (Loss) (2015-2019)
Table 71: Sembcorp Marine Revenues by Segment (2019)
8.5.3 Business Strategies
8.6 Sumitomo Heavy Industries, Ltd.
8.6.1 Business Overview
Table 72: Sumitomo Heavy Industries Segment Description
8.6.2 Financial Overview
Table 73: Sumitomo Heavy Industries Net Sales and Profit (2014-2018)
Table 74: Sumitomo Heavy Industries Net Sales by Segment (2018)
8.6.3 Business Strategies

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