MARKET INTRODUCTION
Shipbuilding industry is responsible for manufacturing various types of ships for different applications. These may include vessels, cargo, roll-on/roll-off ships, crafts, passenger ships, and others. Due to the increase in sea-borne trade and relaxation in trade barriers the demand for ships is likely to increase in coming years, creating a favorable market landscape for manufacturers and other key players.
MARKET DYNAMICS
The shipbuilding market is anticipated to grow in the forecast period owing to driving factors such as an increase in sea-borne trade practices coupled with the growing number of manufacturing facilities. Improvement in transportation services is further expected to fuel market growth. Whereas, regulations & policies related to environment control may hamper the growth of the shipbuilding market. On the other hand, design modification and introduction of airbags is expected to bring new opportunities for the shipbuilding market in the coming years.
MARKET SCOPE
The "Global Shipbuilding Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of shipbuilding market with detailed market segmentation by type of ship, process, and geography. The global shipbuilding market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading shipbuilding market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global shipbuilding market is segmented on the basis of type of ship and process. Based on type of ship, the market is segmented as cargo, vessel, container, tanker, multi-purpose ship, car and passenger ferry, and others. On the basis of the process, the market is segmented as designing, production planning, cutting and processing, assembling, and launching and outfitting.
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