Ship Repair and Maintenance Services Market: Ageing Fleet of Vessels Coupled with Growing Seaborne Trade Activities to Push Revenue Growth: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028


  • Rep Id : XPLREP2976
  • Published On : October, 2018
  • No. of Pages : 270
  • Category : Transport & Logistics
  • Publisher : Future Market Insights

Ship Repair and Maintenance Services Market: Report Description

This XploreMR study offers a ten-year analysis and forecast for the global Ship Repair and Maintenance Services market for the period between 2018 and 2028. The study on the Ship Repair and Maintenance Services market considers 2017 as the base year with market values estimated for the year 2018 and forecast developed for the duration of 2018 to 2028. Compound Average Growth Rate (CAGR) for value is represented from 2018 to 2028. This Ship Repair and Maintenance Services market study covers various perspectives of the market, including market dynamics, value chain, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis along with Ship Repair and Maintenance Services market’s segment level projections in a comprehensive manner. As per the findings of the Ship Repair and Maintenance Services market study and perspectives of industry participants, the global Ship Repair and Maintenance Services market is projected to grow at a CAGR of 6.9% between 2018 and 2028, in terms of value. Economic growth, growing urbanisation, positive growth in the shipbuilding industry and surge in seaborne trade are some of the factors fuelling the growth of the Ship Repair and Maintenance Services market.

This XploreMR report on Ship Repair and Maintenance Services carefully analyses the market at global and regional levels through market segmentation on the basis of key parameters, such as vessel type and services type. The primary objective of the report is to offer key insights on market updates, competition positioning, current trends, market potential, growth rates and other relevant information and statistics in a suitable manner to the readers or various stakeholders in the market.

Ship Repair and Maintenance Services include typical repair and maintenance activity, subject to vessels, either planned or unplanned. The vessel is taken to a repair dock where it is washed; rust, old paint and vegetation is removed; and antifouling agents & marine paints are renewed. Each section of the ship repair and maintenance services report is structured to allow the readers to develop a thorough understanding of the dynamics and behaviour of the ship repair and maintenance services market. It begins with ship repair and maintenance services market definitions, which are followed by the market background, dynamics and analysis by key segments, regional analysis and competition landscape. Each section covers a qualitative and quantitative assessment of the ship repair and maintenance services market on the basis of facts, historical developments and key opinions collected from industry participants through dedicated interviews with the key stakeholders in the ship repair and maintenance services market.

Ship Repair and Maintenance Services Market: Segmentation

Vessel Type  

Services

Region

  • Oil and Chemical Tankers

  • Bulk Carriers

  • General Cargo

  • Container Ships

  • Gas Carriers

  • Offshore Vessels

  • Passenger Ships and Ferries

  • Mega Yachts and Other Vessels  

  • General Services

  • Dockage

  • Hull Part

  • Engine Parts

  • Electric Works

  • Auxiliary Services  

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • China

  • India

  • Japan

  • SEA & Pacific

  • Middle East & Africa

 

This Ship Repair and Maintenance Services market report begins with market introduction, which defines the market taxonomy and product definitions regarding the global Ship Repair and Maintenance Services market assessment. In the next section, the report describes the market development background, covering macro-economic factors, industry factors, forecast factors, value chain overview covering approximate margins and provides an assessment of the Ship Repair and Maintenance Services for the base year considered for the study. Additionally, shipbuilding and seaborne trade data have also been presented in the report. Along with this, global oil and gas production and consumption scenario offered in the Ship Repair and Maintenance Services report suggest the demand outlook for vessels. The global shipyard capacity (in DWT) share analysis overview in the ship repair and maintenance services report provides the reader with all the relevant and valuable information.

The next section of the report titled ship repair and maintenance services discusses market dynamics, such as drivers (supply and demand side), restraints and trends impacting the ship repair and maintenance services market growth at a global level. Market opportunities or potential for ship repair and maintenance service providers have been presented in the subsequent section of the same chapter. This section also includes the impact assessment of market dynamics on the global Ship Repair and Maintenance Services market at a qualitative level based on analysis facts and insights.

In the following sections of the report, market value (US$ Mn) projections for the Ship Repair and Maintenance Services market on the basis of the aforementioned segments at a global level. The global Ship Repair and Maintenance Services market values represented in these sections have been agglomerated by collecting data at a regional level. Ship Repair and Maintenance Services market information, along with key insights, covers unique analysis frameworks, such as absolute $ opportunity analysis and attractiveness analysis.

The next section of the report presents a summarised view of the global Ship Repair and Maintenance Services market based on nine prominent regions with market numbers represented for key countries considered in the study. The section includes the regional market position, growth potential, trends and market attractiveness analysis for each of these regions. The ship repair and maintenance services market analysis sections cover regional trends and market projections for each segment, including Y-o-Y growth trends, market share analysis, market attractiveness and incremental $ opportunity assessment. These sections analyse the degree to which the global drivers are influencing the ship repair and maintenance services market in each region.

In order to offer an accurate forecast, we started by sizing the current Ship Repair and Maintenance Services market, which forms the basis of how the global Ship Repair and Maintenance Services market is expected to shape in the future. Given the characteristics of the Ship Repair and Maintenance Services market, we triangulated the outcome of three different types of analysis, based on primary research, secondary research and XploreMR analysis. However, forecasting the market in terms of various segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the completion of the forecasting exercise.

Additionally, it is imperative to note that, in an ever-fluctuating global economy, we do not only conduct forecasts in terms of CAGR but also analyse the Ship Repair and Maintenance Services market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the Ship Repair and Maintenance Services market and identify the right opportunities available for the value chain participants.

Another crucial feature of this comprehensive report is the analysis of all key segments in the Ship Repair and Maintenance Services market and the regional adoption, along with the revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve in the Ship Repair and Maintenance Services market.

In order to understand the key Ship Repair and Maintenance Services market segments in terms of the growth across concerned regions, XploreMR has developed an attractiveness index, which will help providers identify real market opportunities in the Ship Repair and Maintenance Services market.

In the final section of the report, a competitive landscape of the Ship Repair and Maintenance Services market has been included to provide report audiences with a dashboard view, categorised on the basis of providers present in the value chain, their presence in the Ship Repair and Maintenance Services market and key differentiating factors and strategies. In addition to this, the section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the Ship Repair and Maintenance Services market.

Detailed profiles of the providers have also been included under the scope of the Ship Repair and Maintenance Services market report to evaluate their long- and short-term strategies and recent developments in the Ship Repair and Maintenance Services market. Examples of some of the key competitors covered in this report on Ship Repair and Maintenance Services 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, among others.