Global Shipbuilding Market Size 2021-2027 | Research Report Focuses on Top Companies and Crucial Drivers, Current Growth Dynamics, Futuristic Opportunities, and New Product/Project Launches

Pune, Oct. 10, 2021 (GLOBE NEWSWIRE) -- Global Shipbuilding Market Outlook To 2027: In 2020, the global Shipbuilding market size was US$ 34000 million and it is expected to reach US$ 53310 million by the end of 2027, with a CAGR of 5.5% during 2021-2027.

Global “Shipbuilding Market” is a comprehensive research that provides information regarding the Shipbuilding market size, trends, growth, cost structure, capacity, revenue, and forecast for 2027. This report also includes the overall study of the Shipbuilding Market share with all its aspects influencing the growth of the market. This report is exhaustive quantitative analysis of the Shipbuilding industry and provides data for making strategies to increase Shipbuilding market growth and effectiveness. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Shipbuilding market.

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“Final Report will add the analysis of the impact of COVID-19 on this industry."

About Shipbuilding Market:

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.
China is the largest Shipbuilding market with about 40% market share. South Korea is follower, accounting for about 35% market share.
The key players are China Shipbuilding Group Corporation, KSOE (Hyundai Heavy Industries), Daewoo Shipbuilding, Fincantieri, Samsung Heavy Industries, Imabari Shipbuilding, Japan Marine United, COSCO SHIPPING HEAVY INDUSTRY, Yangzijiang Shipbuilding, Oshima Shipbuilding etc. Top 3 companies occupied about 66% market share.

The Major Players in the Shipbuilding Market include:

  • China Shipbuilding Group Corporation

  • KSOE (Hyundai Heavy Industries)

  • Daewoo Shipbuilding

  • Fincantieri

  • Samsung Heavy Industries

  • Imabari Shipbuilding

  • Japan Marine United

  • COSCO SHIPPING HEAVY INDUSTRY

  • Yangzijiang Shipbuilding

  • Oshima Shipbuilding

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT

The report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Shipbuilding market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Shipbuilding market.