Press release
Marine Vessel Market Size, Share, Trends, Growth & Industry Demand by 2032
Marine Vessel Market
𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/marine-vessel-market-102699
𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
Our analysts have conducted qualitative and quantitative research and a mixture of primary and secondary resources to gather information about this industry. They have taken data from press releases, paid databases, company journals, and other sources to offer a complete picture of the market. To collect information about the competitive landscape they have conducted interviews with renowned personalities.
𝐀 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐫𝐞𝐧𝐨𝐰𝐧𝐞𝐝 𝐦𝐚𝐫𝐢𝐧𝐞 𝐯𝐞𝐬𝐬𝐞𝐥 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭:
• BAE Systems (U.K.)
• Mazagon Dock Shipbuilders Limited (India)
• Garden Reach Shipbuilders and Engineers (GRSE) (India)
• Hyundai Heavy Industries Co. Ltd (HHI) (South Korea)
• Hyundai Mipo Dockyard (South Korea)
• General Dynamics Corp NASSCO (U.S.)
• Larsen & Toubro Ltd. (India)
• Navantia (Spain)
• ThyssenKrupp Marine Systems (Germany)
• Damen Shipyards Group (Netherlands)
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬:
𝐏𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐒𝐡𝐢𝐩 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐇𝐞𝐥𝐝 𝟐𝟑% 𝐒𝐡𝐚𝐫𝐞 𝐢𝐧 𝟐𝟎𝟐𝟎: 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬™
Based on type, the market is segregated into special purpose vessels, LNG/LPG carriers, passenger ships, and commercial. Out of these, the passenger ship segment procured 23% in 2020 in terms of the marine vessel market share. It contains two sub-segments, namely, cruise ships and ferry boats. The demand for ferryboats is anticipated to surge in the near future because of the increasing tourism.
𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/marine-vessel-market-102699
𝐃𝐫𝐢𝐯𝐞𝐫𝐬 & 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐒𝐞𝐚𝐛𝐨𝐫𝐧𝐞 𝐓𝐫𝐚𝐝𝐞 𝐭𝐨 𝐁𝐨𝐥𝐬𝐭𝐞𝐫 𝐆𝐫𝐨𝐰𝐭𝐡
The global economy and international trade play a major role in maritime transport. The marine vessel market growth is set to occur on account of the surging seaborne trade across the globe. Maritime Publications, for instance, stated that more than 70% of the global trade by value and around 80% by volume is controlled by ports and carried out by sea globally. However, government agencies in various countries implement strict norms to reduce Sulfur and greenhouse gas emissions from ships. It is set to obstruct the demand for such vessels.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐒𝐭𝐨𝐤𝐞𝐝 𝐛𝐲 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐂𝐡𝐢𝐧𝐚, 𝐉𝐚𝐩𝐚𝐧, 𝐚𝐧𝐝 𝐊𝐨𝐫𝐞𝐚
Geographically, in 2020, North America generated USD 8.80 billion in terms of revenue. Asia Pacific is anticipated to hold the largest share in the marine vessel industry backed by the major contributions of the Republic of Korea, Japan, and China. In 2019, they accounted for 92.5% in terms of new vessel deliveries. Europe is expected to remain in the second position spurred by the presence of Fincantieri S.P.A. in the region.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞-
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐍𝐞𝐰 𝐎𝐫𝐝𝐞𝐫𝐬 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐚 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐄𝐝𝐠𝐞
The global market contains a large number of companies that are striving persistently to gain a competitive edge. To do so, they are trying to bag new contracts from prominent manufacturers.
𝐁𝐞𝐥𝐨𝐰 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐭𝐰𝐨 𝐥𝐚𝐭𝐞𝐬𝐭 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
𝐉𝐮𝐥𝐲 𝟐𝟎𝟑𝟐: South Korea's Dae Sun Shipbuilding & Engineering received a new order worth USD 153.6 million from SITC International Holdings Company (SITC) to deliver eight plus two boxships.
𝐉𝐮𝐧𝐞 𝟐𝟎𝟑𝟐: The Republic of the Marshall Islands (RMI) Maritime Administrator, Korea Shipbuilding & Marine Engineering (KSOE), Hyundai Mipo Dockyard (HMD), and ABS signed an agreement to develop next-generation CO2 carrier designs.
𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/marine-vessel-market-102699
𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
𝐌𝐚𝐫𝐢𝐧𝐞 𝐒𝐞𝐧𝐬𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/marine-sensors-market-103541
𝐌𝐚𝐫𝐢𝐧𝐞 𝐇𝐲𝐛𝐫𝐢𝐝 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/industry-reports/marine-hybrid-propulsion-market-100128
𝐌𝐚𝐫𝐢𝐧𝐞 𝐏𝐫𝐨𝐩𝐞𝐥𝐥𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/marine-propeller-market-103074
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