Ship Repairing Global Market Opportunities And Strategies 2020-30: COVID-19 Impact and Recovery from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global ship repairing market.

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Description:
Where is the largest and fastest growing market for the ship repairing market- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The global ship repairing market opportunities and strategies to 2030 report from Publisher answers all these questions and many more.

The report covers the following chapters
- Executive Summary - The executive summary section of the report gives a brief overview and summary of the report
- Report Structure - This section gives the structure of the report and the information covered in the various sections.
- Introduction - The introduction section of the report gives brief introduction about segmentation by geography and segmentation by type of vessel.
- Market Characteristics - The market characteristics section of the report defines and explains the ship repairing market. This chapter includes different goods covered in the report and basic definitions.
- Supply Chain - The supply chain section of the report defines and explains the key players in the ship repairing industry supply chain.
- Product Analysis - The product analysis section of the report describes the leading products in the market along with key features and differentiators for those products.
- Customer Information - This chapters covers recent customers' trends/preferences in the global ship repairing market
- Trends And Strategies - This chapter describes the major trends shaping the global ship repairing market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
- Impact Of COVID - 19 - This section describes the impact of COVID-19 on the ship repairing market.
- Global Market Size And Growth - This section contains the global historic (2015-2019) and forecast (2019-2023, 2023-2025 and 2025-2030) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.
- Market Segmentation - This section contains the market values (2015-2029, 2023, 2025 and 2030) and analysis for different segments and sub-segments in the market.
- Regional And Country Analysis - This section contains the historic (2015-2019), forecast (2023, 2025 and 2030) market value and growth and market share comparison by region and countries.
- Regional Market Size and Growth - This section contains the region's market size (2019), historic and forecast (2015-2030) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).
- Competitive Landscape - This section covers details on the competitive landscape of the global ship repairing market, estimated market shares and company profiles of the leading players.
- Key Mergers And Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Background - This section describes the ship building and repairing market of which the ship repairing market is a segment. This chapter includes ship building and repairing market 2015-23 values, and regional analyses for the market.
- Market Opportunities And Strategies- This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for ship repairing providers in terms of product offerings, geographic expansion, price offerings, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered: The global ship repairing market is segmented into -
By Type of Vessel: Bulkers; Tankers; Container Ships; Passenger; Refrigerated Vessels; Offshore; Others

Companies Mentioned: Sembcorp Marine Ltd; United Shipbuilding Corporation; Fincantieri S.p.A.; China Shipbuilding Industry Corporation; Imabari Shipbuilding Co., Ltd.

Countries: China, Japan, India, Australia, Indonesia, South Korea, USA, Brazil, UK, Germany, France, Russia

Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


The global ship repairing market reached a value of nearly $32,490.0 million in 2019, having increased at a compound annual growth rate (CAGR) of 1.3% since 2015. The market is expected to decline from $32,490.0 million in 2019 to $30,100.8 million in 2020 at a rate of -7.4%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 3.3% from 2021 ad reach $32,692.0 million in 2023. The market is expected to reach $35,688.9 million by 2025, and $43,501.4 million by 2030.

Growth in the historic period resulted from population and economic growth. Factors that negatively affected growth in the historic period were cheap cargo sales and volatile raw material prices. Factors that could hinder the growth of the ship repairing market in the future include outbreak of COVID-19, global recession, geopolitical tensions and reduction in free trade.

The ship repairing market is segmented by type of vessel into bulkers, tankers, container ships, passenger, refrigerated vessels, offshore and others. The bulkers market was the largest segment of the ship repairing market segmented by type of vessel, accounting for 29.1% of the total in 2019. Offshore segment is expected to be the fastest growing segment in the ship repairing market segmented by type of vessel, going forward, at a CAGR of 2.3% during 2019-2023.

Asia Pacific was the largest region in the global ship repairing market, accounting for 58.4% of the total in 2019. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the ship repairing market will be Middle East, and Asia Pacific, where growth will be at CAGRs of 3.4% and 0.7% respectively during 2019-2023. These will be followed by North America and Africa, where the markets are expected to grow at CAGRs of 0.2% and -0.1% respectively during 2019-2023.

The global ship repairing market is highly fragmented, with a large number of players in the market. The top ten competitors in the market made up to 7.43% of the total market in 2019. Major players in the market include Sembcorp Marine Ltd, United Shipbuilding Corporation, Fincantieri S.p.A., China Shipbuilding Industry Corporation, Imabari Shipbuilding Co., Ltd. among others.

The top opportunities in the ship repairing market segmented by type will arise in the tankers segment, which will gain $346.3 million of global annual sales by 2023.

Market-trend-based strategies for the ship repairing market include investing and implementing robotics, adopting 3D printing, and using nanotechnology in the manufacturing processes. Player-adopted strategies in the ship repairing market include expanding through mergers and acquisitions and collaborations.

The COVID-19 pandemic has decreased short-term potential growth opportunities for the ship repairing industry.

To take advantage of the opportunities, Publisher recommends the ship repairing companies to invest in eco-friendly ship repairing technologies, invest in robotics in production processes, outsource activities to low-cost countries to save costs, expand in emerging markets, and offer competitive pricing in low-income countries.