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Business & Finance

Global Shipbuilding Sales Market Report 2019

In this report, the Global Shipbuilding Sales Market Report 2019 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Shipbuilding Sales Market Report 2019 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/global-shipbuilding-sales-market-report-2019

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Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.

Shipbuilding and ship repairs, both commercial and military, are referred to as “naval engineering”. The construction of boats is a similar activity called boat building.

South Korea has the largest market share in the global shipbuilding market, followed by China and Japan. The global market share of the Korean shipbuilding industry has reached 34%; the global market share of China’s shipbuilding industry is 33%; the global market share of the Japanese shipbuilding industry is 17%. In Korea, the government is taking various initiatives to support the shipbuilding industry, and Korea has the largest share of new orders. The global share of China’s shipbuilding is growing steadily. In Japan, several reforms have taken place.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, and the advent of robotics in shipbuilding. Orders are declining, many shipyards have stopped production and went bankrupt. However, such changes have also led to a small increase in the price of the order. The world is continuing to change at a rapid pace.

The global Shipbuilding market was valued at 114250 million US$ in 2018 and will reach 175190 million US$ by the end of 2025, growing at a CAGR of 5.7% during 2019-2025.

This report studies the global Shipbuilding market status and forecast, categorizes the global Shipbuilding market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Major manufacturers covered in this report

Hyundai

Daewoo Shipbuilding & Marine Engineering

CSIC

Imabari Shipbuilding

Japan Marine United

CSSC

Samsung

Fincantieri

Oshima Shipbuilding

Yangzijiang Shipbuilding

COSCO

In view of regional level, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Segment by Type

Bulkers

Tankers

Containers

Cruise and Ferry

Others

In 2019, Bulkers accounted for a major share of 34% in the global Shipbuilding market. And this product segment is poised to reach 61628 M USD by 2025 from 43371 M USD in 2019.

Segment by Application

Passenger Transportation

Goods Transportation

In global Shipbuilding market, Goods Transportation segment holds an important share in terms of application, and it is expected to reach a volume of 79814 (K CGT) by 2025, at a CAGR of 4.23% during 2019 and 2025. It means that Shipbuilding will be promising in the Goods Transportation field in the next couple of years.

Browse full research report at https://www.crystalmarketreport.com/global-shipbuilding-sales-market-report-2019

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