"Market Intelligence for High-Geared Performance"

Ship Repair and Maintenance Services Market Size, Share & Industry Analysis, By Vessel (Gas Carriage, Oil and Chemical Tankers, Bulk Carriers, General Cargo, Container Ship, Passenger Ship), By Application (General Services, Dockage, Engine Parts, Electric Works, Auxiliary Services) And Regional Forecast 2022-2029

Region : Global | Report ID: FBI105801 | Status : Ongoing

 

KEY MARKET INSIGHTS

Ship repair and maintenance services involve repairing and maintaining ships, which may be either done in a planned or unplanned order. Vessels are taken to a locality, referred to as repair dock, to provide services such as  rust removal, old paint removal, washing, etc. Moreover, the new marine paints, generally referred to as marine paints, are used for the correct servicing. Thus, the ship repair and maintenance service market provides necessary solutions to any or all categories of vessels, which may be above water or underwater.


Ship repair and maintenance facility suppliers are ready to offer affordable and adaptable solutions for all classes of marine, naval platforms, seaward, mooring units’ vessels, and marine alongside underwater and above water inspection, repair and maintenance services. Maintenance is one of the most exclusive things that are required by any motorized equipment. The high cost of capital investment required in the establishment of ship repair and maintenance service is one of the major factors that restraints the growth of the market.


Key Market Driver -

increase in amount of industrial manufacturing and rise in seaborne trade are some of the major factors that dive the market.

Key Market Restraint -

the high cost of capital expenditure is one of the major restraint for the market.


Market Segmentation:


The global ship repair and maintenance services market is segmented by vessels , by application and by region. on the basis of vessels the market is further sub-segmented into Gas Carriage, Oil and Chemical Tankers, Bulk Carriers, General Cargo, Container Ship and Passenger Ship . The cargo segment accounted for  major market share in terms of revenue, of the ship repair and maintenance services market. This is evident due to Rise in global trading activity for the past few years. Cargo segment is expected to dominate the market in the forecast period owing to the increase in demand for goods carrying cargo ships. Based on  application the market is sub segmented into General Services, Dockage, Engine Parts,Electric Works and Auxiliary Services. Eectric works sub-segment is anticipated to be the largest sub-segment in the market. The repairmen of  electrical instruments such as electrical motors, electrical equipment and generators maintenance and repair are projected to be major repair types. Therefore, the electric works segment registered for a major share of the ship repair and maintenance services market.


Key Players:


Key companies dominating in the global ship repair and maintenance services market include Hanjin Heavy Industries, Hyundai Mipo Dockyard Co., Ltd., China Shipbuilding Industry Corporation (CSIC), Damen Shipyards Group, Cochin Shipyard Limited, Swissco Holdings Limited, Egyptian Ship Repair & Building Company, Desan Shipyard, Sembcorp Marine Ltd., and United Shipbuilding Corporation along with other players.


Key Insights



  • New Advancements in Ship Repair and Maintenance Services market.

  • Segmentation of Ship Repair and Maintenance Services market.

  • Key Players in the Ship Repair and Maintenance Services market.


Regional Analysis.


Based on region, the worldwide ship repair and maintenance services market has been segmented into North America, Asia Pacific, Europe and rest of the world. Asia Pacific is anticipated to hold a larger share of the market during the forecast period. This is attributed to the fact that around half the world’s navy is owned by Asia-based companies, wherein majority of the shipbuilding was allotted in Republic of Korea, China and Japan in 2019. Mostly, repair activity is administered by shipbuilding companies. Therefore, high shipbuilding activity within the region is estimated to propel the ship repair and maintenance services sector. Singapore is predictable to manage the world ship repair and maintenance services market. Ship repair and maintenance services in China and India markets are expected to rise over the forecast period, as a result of the anticipated increase in trade with the Middle East and ASEAN countries. North America is expected to show good growth in the market owing to the rise in seaborne trade. Europe is anticipated to show significant growth in the market. The increase in amount of industrial manufacturing  and presence of several key players of the market are expected to be some of the major factors driving the growth of the market in this region.


To gain extensive insights into the market, Request for Customization


Segmentation






















  ATTRIBUTE


  DETAILS

By Vessel




  • Gas Carriage

  • Oil and Chemical Tankers

  • Bulk Carriers

  • General Cargo

  • Container Ship

  • Passenger Ship



By Application




  • General Services

  • Dockage

  • Engine Parts

  • Electric Works.

  • Auxiliary Services.



By Region


 




  • Asia Pacific.

  • Europe

  • North America

  • Rest of the World



  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Deloitee
Hitachi
Asahi
Bosch
GM

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X