Ship Repair and Maintenance Services Market

Global Ship Repair and Maintenance Services Market Size, Trends & Analysis - Forecasts to 2027 By Vessel Type (Oil & Chemical Tankers, Bulk Carriers, General Cargo, Container Ships, Gas Carriers, Offshore Vessels, Passenger Ships & Ferries, Mega Yachts), By Service Type (General Services, Dockage, Hull Part, Engine Parts, Electric Works, Auxiliary Services), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis

Category Chemicals & Advanced Material
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on April 12 2024 with the latest and most recent market numbers

Global Ship Repair and Maintenance Services Market Size

The Global Ship Repair and Maintenance Services Market is projected to grow at a CAGR value of 5.9% from 2022 to 2027.

Studies by leading insurance providers have shown that planned ship repair and maintenance procedures considerably reduce ship breakdowns and damage. Further, repairs and maintenance procedures have boosted reliability and safety on board, extending asset lifespan, lowering the chance of investigations, and increasing efficiency while reducing unexpected downtime are benefits.

Major driving factors influencing the market growth during the forecast period are the increasing use of waterways for transportation, the growing popularity of cruise tourism, and the growing preference for ships such as container ships, bulk carriers, tanker ships, passenger ships, and naval ships on the sea.

Additionally, rapidly rising investment in advanced technologies and innovation for providing better services, increasing the adoption of automation for repair services, and burgeoning emphasis on improving naval capabilities by global economies are also propelling market expansion during the forecast period.

Favourable government initiatives and expenditure to uplift marine services, an increase in cargo ships usage, and increasing research and development for technological breakthroughs and innovation-led manufacturers to develop updated ship repair and maintenance services are driving the market growth.

Continuous expansion of infrastructure and seaborne commerce for export and a surge in industrial production and shipbuilding operations around the world are some of the factors aiding the market's growth now and in the future.

Furthermore, due to the much-reduced cost of transportation, the tendency of international trade towards seaborne routes provides profitable prospects to market players over the forecast period. The high price of ship maintenance services, on the other hand, is likely to stifle industry expansion.

In addition, rigorous sea provisions and laws governing ships to obtain periodic accreditations and substantial collaborative partnerships. Also, alliances among various stakeholder groups to endorse the naval forces' and navy ship development programs are assisting businesses in gaining a sturdy and leading stance in the coming years.

global ship repair and maintenance services market

COVID-19 Impact on Global Ship Repair and Maintenance Services Market

The COVID-19 epidemic has significantly influenced the global market for ship repair and maintenance services. The COVID-19 epidemic has affected supply chains and logistical operations, jeopardizing the growth of key maritime industry players due to the government's restrictions on the ship's movements resulting from the lockdown, thereby decreasing demand for repair and maintenance services.

The COVID-19 pandemic has harmed the ability of producers and suppliers to market their products. The outbreak also impacted marine trade, as limitations caused shipping services to be halted, leading to vessels not being utilized or managed.

However, as the situation improves and international trade via maritime routes and marine tourism grows in popularity, the market for repair and maintenance services is projected to follow suit.

Ukraine-Russia War Impact on Maritime Industry

The Ukraine-Russia war will harm the shipping sector for an extended period. The conflict between Russia and Ukraine is not only driving up commodity prices but also hurting global maritime operations. This has already delayed worldwide trade and may jeopardize the global economy's ability to recover more quickly from the pandemic. Around 140 vessels with over 1,000 seamen are stranded in the Black Sea since the region's ports have shut down.

The operational issues are particularly complicated by the global labour shortage in the shipping industry. Since about 15% of the world's mariners are Russian or Ukrainian, even severe crunches are likely. Russia also accounts for about 11.3% of the world crude oil trade and 9.7% of the overall refined products trade.

Global Ship Repair and Maintenance Services Market: By Vessel Type

General cargo is the most prominent ship repair and maintenance services market segment from 2022 to 2027. The import and export of goods and products have become more essential due to rapid economic development and globalization. General cargo is a necessary mode of transportation for international trade. Individual cargo transits, which decrease ship time at port terminals and improve ship space utilization, also boost segment growth.

On the other hand, the offshore vessel is expected to be the fastest-growing segment in the market. Due to the increased demand for deepwater oil and gas drilling operations and enhanced sustainability of offshore oil and gas projects, the need for offshore support vessels is expected to rise rapidly soon.

Global Ship Repair and Maintenance Services Market: By Service Type

Dockage service is the most prominent ship repair and maintenance services market segment from 2022 to 2027. The growing demand for low-risk repair and maintenance services, cost-effective alternate energy modification choices, and adaptable technical capability for downtimes has propelled this segment's growth.

Electric works are expected to be the fastest-growing segment in the market. This has been ascribed to advantages such as lowering the risk of interruption, resulting in cost savings, optimizing the life cycle of maritime apparatus, and resulting in better output with increased energy efficiency.

asia pacific ship repair and maintenance services market

Global Ship Repair and Maintenance Services Market: By Region

North America (the United States, Canada, and Mexico) will dominate the ship repair and maintenance services market from 2022 to 2027. Increased commercial transport and logistics operations, steadily increasing foreign trade, increased requirement for ships, economic expansion in ship maintenance services, and rigorous ship quality restrictions contribute to regional growth.

The United States is expected to have the lion's share in the North American ship repair and maintenance services market. The United States Department of Maritime Administration has made subsidies available to small shipyards to finance capital and investment assets. The market is expected to grow over the forecast period as key players adopt additional initiatives and emphasize research & development activities in modern innovation.

Moreover, the Asia-Pacific region is expected to be the fastest-growing ship repair and maintenance services market segment during the forecast period. The excess supply of yachts, ships, and cruises for personal and professional purposes, the expanding usage of waterways for transit, and the presence of significant manufacturers and technological behemoths in the region fueling market growth in the APAC region.

China is expected to hold the largest share in the Asia Pacific ship repair and maintenance services market. The availability of low-cost raw materials and continuous development in the advancement of production plants and facilities has provided an impetus for market expansion. This area accounts for more than half of the total number of ships built globally.

Global Ship Repair and Maintenance Services Market Share and Competitor Analysis

Damen Shipyards Group, Sembcorp Industries Ltd., Cochin Shipyard Limited, China Shipbuilding Industry Corporation, Fincantieri S.p.A., Dae Sun Shipbuilding & Engineering Co. Ltd., Hyundai Mipo Dockyards Co. Ltd., Arab Shipbuilding and Repair Yard Company, Keppel Corporation Limited, United Shipbuilding Corporation, and Alexandria Shipyard, among others, are the key players in the ship repair and maintenance services market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Research Methodology

1.1    Research Assumptions

1.2    Research Methodology

1.2.1    Estimates and Forecast Timeline

1.3    Information Procurement

1.3.1    Purchased Database

1.3.2    GME’sInternal Database

1.3.3    Primary Research

1.3.4    Secondary Sources & Third-Party Perspectives

            1.3.4.1    Company Information Sources: Annual Reports, Investor Presentation, Press Release, SEC Filling, Company Blogs & Website

1.3.4.2 Secondary Data Sources: National Oceanic and Atmospheric Administration (NOAA), National Institute for Fisheries Research and Development (INIDEP), Commonwealth Scientific and Industrial Research Organisation (CSIRO),  National Centre for Marine Research Reports

1.4    Information or Data Analysis

1.4.1    Data Analysis Models

1.5    Market Formulation & Data Visualization

1.6    Data Validation & Publishing

1.7 Market Model

1.6.1    Model Details

1.6.1.1   Top-Down Approach

1.6.1.2   Bottom-Up Approach

1.8    Market Segmentation & Scope

1.9    Market Definition

Chapter 2   Executive Summary

2.1.    Global Market Outlook

2.2    Vessel Type Outlook

2.3    Service Type Outlook

2.4    Regional Outlook

Chapter 3   Global Ship Repair and Maintenance Services Market Trend Analysis

3.1. Market Introduction

3.2 Penetration & Growth Prospect Mapping

3.3 Impact of COVID-19 on the Ship Repair and Maintenance Services Market

3.4 Metric Data on Ship Repair and Maintenance Services Industry

3.5 Market Driver Analysis

3.5.1 Market Driver Analysis

3.5.2 Market Restraint Analysis

3.5.3 Industry Challenges

3.5.4 Industry Opportunities

3.6    Porter’s Five Analysis

3.6.1 Supplier Power

3.6.2 Buyer Power

3.6.3 Substitution Threat

3.6.4 Threat from New Entrant

3.7 Market Entry Strategies

Chapter 4   Ship Repair and Maintenance Services Market: Vessel Type Trend Analysis

4.2    Oil and Chemical Tankers

4.2.1    Market Estimates & Forecast Analysis of Oil and Chemical Tankers Segment, By Region, 2019-2027 (USD Billion)

4.3   Bulk Carriers

4.3.1    Market Estimates & Forecast Analysis of Bulk Carriers Segment, By Region, 2019-2027 (USD Billion)

4.4   General Cargo

         4.4.1    Market Estimates & Forecast Analysis of General Cargo Segment, By Region, 2019-2027 (USD Billion)

4.5   Container Ships

4.5.1    Market Estimates & Forecast Analysis of Container Ships Segment, By Region, 2019-2027 (USD Billion)

4.6   Gas Carriers

4.6.1    Market Estimates & Forecast Analysis of Gas Carriers Segment, By Region, 2019-2027 (USD Billion)

4.7    Offshore Vessels

4.7.1    Market Estimates & Forecast Analysis of Offshore Vessels Segment, By Region, 2019-2027 (USD Billion)

4.8   Passenger Ships and Ferries

4.8.1    Market Estimates & Forecast Analysis of Passenger Ships and Ferries Segment, By Region, 2019-2027 (USD Billion)

4.9   Mega Yachts

4.9.1    Market Estimates & Forecast Analysis of Mega Yachts Segment, By Region, 2019-2027 (USD Billion)

Chapter 5   Ship Repair and Maintenance Services Market: Service Type Trend Analysis

5.1    Service Type: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

5.2    General Services

5.2.1    Market Estimates & Forecast Analysis of General Services Segment, By Region, 2019-2027 (USD Billion)

5.3   Dockage

5.3.1    Market Estimates & Forecast Analysis of Dockage Segment, By Region, 2019-2027 (USD Billion)

5.4   Hull Part

         5.4.1    Market Estimates & Forecast Analysis of Hull Part Segment, By Region, 2019-2027 (USD Billion)

5.5   Engine Parts

5.5.1    Market Estimates & Forecast Analysis of Engine Parts Segment, By Region, 2019-2027 (USD Billion)

5.6   Electric Works

5.6.1    Market Estimates & Forecast Analysis of Electric Works Segment, By Region, 2019-2027 (USD Billion)

5.7   Auxiliary Services

5.7.1    Market Estimates & Forecast Analysis of Auxiliary Services Segment, By Region, 2019-2027 (USD Billion)

Chapter 6   Ship Repair and Maintenance Services Market, By Region

6.1    Regional Outlook

6.2    North America

6.2.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

6.2.2    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.2.3    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.2.5    U.S.

6.2.5.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.2.5.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.2.6    Canada

6.2.6.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.2.6.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.5.7    Mexico

6.5.5.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027 (USD Billion)

6.5.5.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027 (USD Billion)

6.3    Europe

6.3.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

6.3.2    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.3    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.5    Germany

6.3.5.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.5.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.6    UK

6.3.6.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.6.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.7    France

6.3.7.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.7.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.8    Russia

6.3.8.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.8.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.9    Italy

6.3.9.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.9.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.10    Spain

6.3.10.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.3.10.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.11    Rest of Europe

6.3.11.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027 (USD Billion)

6.3.11.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027 (USD Billion)

6.4    Asia Pacific

6.4.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

6.4.2    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.4.5    China

6.4.5.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.4.5.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.4.6    India

6.4.6.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.4.6.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.4.7    Japan

6.4.7.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.4.7.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.4.8    Australia

6.4.8.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.4.8.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.4.9    South Korea

6.4.9.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.4.9.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.3.10    Rest of Asia Pacific

6.3.10.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027 (USD Billion)

6.3.10.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027 (USD Billion)

6.5    Central & South America

6.5.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

6.5.2    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.5.3    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.5.5    Brazil

6.5.5.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.5.5.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.5.6    Rest of Central & South America

6.5.6.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.5.6.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.6    Middle East & Africa

6.6.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

6.6.2    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.6.5    Saudi Arabia

6.6.5.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.6.5.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.6.6    United Arab Emirates

6.6.6.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.6.6.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.6.7    South Africa

6.6.7.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027(USD Billion)

6.6.67.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027(USD Billion)

6.5.8    Rest of Middle East & Africa

6.5.8.1    Market Estimates & Forecast Analysis, By Vessel Type, 2019-2027 (USD Billion)

6.5.8.2    Market Estimates & Forecast Analysis, By Service Type, 2019-2027 (USD Billion)

Chapter 7   Competitive Analysis

7.1    Key Global Players, Recent Developments & their Impact on the Industry

7.2    Four Quadrant Competitor Positioning Matrix

7.2.1    Key Innovators

7.2.2    Market Leaders

7.2.3    Emerging Players

7.2.4    Market Challengers

7.3    Vendor Landscape Analysis

7.4    End-User Landscape Analysis

7.5    Company Market Share Analysis, 2021

Chapter 8   Company Profile Analysis

8.1    Damen Shipyards Group 

8.1.1    Company Overview

8.1.2    Financial Analysis

8.1.3    Strategic Initiatives

8.1.4    Product Benchmarking

8.2    Sembcorp Industries Ltd 

8.2.1    Company Overview

8.2.2    Financial Analysis

8.2.3    Strategic Initiatives

8.2.4    Product Benchmarking

8.3     Cochin Shipyard Limited 

8.3.1    Company Overview

8.3.2    Financial Analysis

8.3.3    Strategic Initiatives

8.3.4    Product Benchmarking

8.4    China Shipbuilding Industry Corporation

8.4.1    Company Overview

8.4.2    Financial Analysis

8.4.3    Strategic Initiatives

8.4.4    Product Benchmarking

8.5    Arab Shipbuilding and Repair Yard Company 

8.5.1    Company Overview

8.5.2    Financial Analysis

8.5.3    Strategic Initiatives

8.5.4    Product Benchmarking

8.6     Fincantieri S.p.A.

8.6.1    Company Overview

8.6.2    Financial Analysis

8.6.3    Strategic Initiatives

8.6.4    Product Benchmarking

8.7    Dae Sun Shipbuilding & Engineering Co. Ltd.

8.6.1    Company Overview

8.6.2    Financial Analysis

8.6.3    Strategic Initiatives

8.6.4    Product Benchmarking

8.8    Hyundai Mipo Dockyards Co. Ltd 

8.7.1    Company Overview

8.7.2    Financial Analysis

8.7.3    Strategic Initiatives

8.7.4    Product Benchmarking

8.9    Arab Shipbuilding and Repair Yard Company

8.8.1    Company Overview

8.8.2    Financial Analysis

8.8.3    Strategic Initiatives

8.8.4    Product Benchmarking

8.10   Keppel Corporation Limited, United Shipbuilding Corporation

8.10.1    Company Overview

8.10.2    Financial Analysis

8.10.3    Strategic Initiatives

8.10.4    Product Benchmarking

8.11   United Shipbuilding Corporation

8.11.1    Company Overview

8.11.2    Financial Analysis

8.11.3    Strategic Initiatives

8.11.4    Product Benchmarking

8.11   Other Companies

8.12.1    Company Overview

8.12.2    Financial Analysis

8.12.3    Strategic Initiatives

8.12.4    Product Benchmarking

List of Tables

1 Technological Advancements In Ship Repair and Maintenance Services Market

2 Global Ship Repair and Maintenance Services Market: Key Market Drivers

3 Global Ship Repair and Maintenance Services Market: Key Market Challenges

4 Global Ship Repair and Maintenance Services Market: Key Market Opportunities

5 Global Ship Repair and Maintenance Services Market: Key Market Restraints

6 Global Ship Repair and Maintenance Services Market Estimates & Forecast Analysis, 2019-2027(USD Billion)

7 Global Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

8 Oil and Chemical Tankers: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

9 General Cargo: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

10 Container Ships: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

11 Gas Carriers: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

12 Offshore Vessels: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

13 Passenger Ships and Ferries: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

14 Mega Yachts: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

15 Global Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

16 General Services: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

17 Dockage: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

18 Hull Part: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

19 Engine Parts: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

20 Electric Works: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

21 Auxiliary Works: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

22 Regional Analysis: Global Ship Repair and Maintenance Services Market, By Region, 2019-2027(USD Billion)

23 North America: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

24 North America: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

25 North America: Ship Repair and Maintenance Services Market, By Platform , 2019-2027(USD Billion)

26 North America: Ship Repair and Maintenance Services Market, By Country, 2019-2027(USD Billion)

27 U.S: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

28 U.S: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027 (USD Billion)

29 U.S: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

30 Canada: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

31 Canada: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

32 Canada: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

33 Mexico: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

34 Mexico: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

35 Mexico: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

36 Europe: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

37 Europe: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

38 Europe: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

39 Europe: Ship Repair and Maintenance Services Market, By Country, 2019-2027(USD Billion)

40 Germany: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

41 Germany: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

42 Germany: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

43 UK: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

44 UK: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

45 UK: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

46 France: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

47 France: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

48 France: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

49 Italy: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

50 Italy: Ship Repair and Maintenance Services Market, By T Service Type Ype, 2019-2027(USD Billion)

51 Italy: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

52 Spain: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

53 Spain: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

54 Spain: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

55 Rest Of Europe: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

56 Rest Of Europe: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

57 Rest Of Europe: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

58 Asia Pacific: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

59 Asia Pacific: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

60 Asia Pacific: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

61 Asia Pacific: Ship Repair and Maintenance Services Market, By Country, 2019-2027(USD Billion)

62 China: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

63 China: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

64 China: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

65 India: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

66 India: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

67 India: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

68 Japan: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

69 Japan: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

70 Japan: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

71 South Korea: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

72 South Korea: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

73 South Korea: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

74 Middle East & Africa: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

75 Middle East & Africa: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

76 Middle East & Africa: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

77 Middle East & Africa: Ship Repair and Maintenance Services Market, By Country, 2019-2027(USD Billion)

78 Saudi Arabia: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

79 Saudi Arabia: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

80 Saudi Arabia: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

81 UAE: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

82 UAE: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

83 UAE: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

84 Central & South America: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

85 Central & South America: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

86 Central & South America: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

87 Central & South America: Ship Repair and Maintenance Services Market, By Country, 2019-2027(USD Billion)

88 Brazil: Ship Repair and Maintenance Services Market, By Vessel Type, 2019-2027(USD Billion)

89 Brazil: Ship Repair and Maintenance Services Market, By Service Type, 2019-2027(USD Billion)

90 Brazil: Ship Repair and Maintenance Services Market, By Platform, 2019-2027(USD Billion)

91 Damen Shipyards Group: Products Offered

92 Sembcorp Industries Ltd: Products Offered

93 Cochin Shipyard Limited: Products Offered

94 China Shipbuilding Industry Corporation: Products Offered

95 Fincantieri S.p.A.: Products Offered

96 Dae Sun Shipbuilding & Engineering Co. Ltd.: Products Offered

97 Hyundai Mipo Dockyards Co. Ltd: Products Offered

98 Arab Shipbuilding and Repair Yard Company: Products Offered

99 Keppel Corporation Limited: Products Offered

100 United Shipbuilding Corporation: Products Offered

101 Other Companies: Products Offered

List of Figures

1. Global Ship Repair and Maintenance Services Market  Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Ship Repair and Maintenance Services Market: Penetration & Growth Prospect Mapping

7. Global Ship Repair and Maintenance Services Market: Value Chain Analysis

8. Global Ship Repair and Maintenance Services Market  Drivers

9. Global Ship Repair and Maintenance Services Market  Restraints

10. Global Ship Repair and Maintenance Services Market  Opportunities

11. Global Ship Repair and Maintenance Services Market  Challenges

12. Key Ship Repair and Maintenance Services Market  Manufacturer Analysis

13. Global Ship Repair and Maintenance Services Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. Damen Shipyards Group: Company Snapshot

16. Damen Shipyards Group: Swot Analysis

17. Sembcorp Industries Ltd: Company Snapshot

18. Sembcorp Industries Ltd: Swot Analysis

19. Cochin Shipyard Limited: Company Snapshot

20. Cochin Shipyard Limited: Swot Analysis

21. China Shipbuilding Industry Corporation: Company Snapshot

22. China Shipbuilding Industry Corporation: Swot Analysis

23. Fincantieri S.p.A.: Company Snapshot

24. Fincantieri S.p.A.: Swot Analysis

25. Dae Sun Shipbuilding & Engineering Co. Ltd.: Company Snapshot

26. Dae Sun Shipbuilding & Engineering Co. Ltd.: Swot Analysis

27. Hyundai Mipo Dockyards Co. Ltd: Company Snapshot

28. Hyundai Mipo Dockyards Co. Ltd: Swot Analysis

29. Arab Shipbuilding and Repair Yard Company: Company Snapshot

30. Arab Shipbuilding and Repair Yard Company: Swot Analysis

31. Keppel Corporation Limited: Company Snapshot

32. Keppel Corporation Limited: Swot Analysis

33. United Shipbuilding Corporation: Company Snapshot

34. United Shipbuilding Corporation: Swot Analysis

35. Other Companies: Company Snapshot

36. Other Companies: Swot Analysis

The Global Ship Repair and Maintenance Services Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Ship Repair and Maintenance Services Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy
You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The global ship repair and maintenance services market is projected to grow at a CAGR of 5.9% from 2022 to 2027.
Damen Shipyards Group, Sembcorp Industries Ltd., Cochin Shipyard Limited, China Shipbuilding Industry Corporation, Fincantieri S.p.A., Dae Sun Shipbuilding & Engineering Co. Ltd., Hyundai Mipo Dockyards Co. Ltd., Arab Shipbuilding and Repair Yard Company, Keppel Corporation Limited, United Shipbuilding Corporation, and Alexandria Shipyard, among others, are the key players in the ship repair and maintenance services market.
The COVID-19 pandemic has harmed the ability of producers and suppliers to market their products. The outbreak also impacted marine trade, as limitations caused shipping services to be halted, leading to vessels not being utilized or managed and is prolonged to continue in the near future.
Major driving factors influencing the market growth during the forecast period are the increasing use of waterways for transportation, the growing popularity of cruise tourism, and the growing preference for ships such as container ships, bulk carriers, tanker ships, passenger ships, and naval ships on the sea.
The conflict between Russia and Ukraine is not only driving up commodity prices but also hurting global maritime operations. This has already delayed worldwide trade and may jeopardize the global economys ability to recover more quickly from the pandemic.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius