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Shipbuilding Market Analysis, Size, Growth, and Business Outlook 2019 to 2023

Shipbuilding Market
Shipbuilding Market

The Global Shipbuilding Market is expected to grow in future due to increasing seaborne trade and economic growth, rising energy consumption, demand of eco-friendly ships and shipping services. Key trends of this market growing market segments, significant consumption of steel, average age of global fleet, advancements in container shipping, and rising demand for LNG fueled engine. In Japan, several reforms have taken place. In Korea, government is taking various initiatives to support shipbuilding industry. However, there are some factors which can hinder the market growth including associated risk of cyber breaches and environmental regulations.

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The global shipbuilding industry is majorly dominated by three companies: HHI; DSME; and SHI. In terms of new orders, HHI leads the industry followed by DSME. Soon a merger is expected between these two shipbuilders. All three of them are Korean companies and leading the Korean shipbuilding industry as well.

The shipbuilding industry is responsible for the design and construction of oceangoing vessels all around the world. Most of the global ship production today is concentrated in Asian countries such as China, Japan and South Korea, though large shipyards also exist in many other countries. The shipbuilding industry is involved in the construction and modification of ships and these operations are carried out in specialized facilities called shipyards. Commercial ships or vessels can be broadly segmented into segments that include tankers; bulkers; LNG carriers; LPG carriers; containers and others. Ships are built on custom made to order. Shipbuilding process starts with inquiries from customers, followed by completion of various processes until the vessel is completed. It takes at least 2 years to complete the manufacturing of a ship.

South Korea is a major contributor to the global shipbuilding market in terms of new shipbuilding orders whereas China holds a lion’s share in the global shipbuilding completions. Europe has been observing growth in its shipbuilding orderbook.

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TOC of Global Shipbuilding Market Report

Shipbuilding Market – An Overview
1.1 An Introduction
1.2 Shipbuilding Process
1.3 Shipbuilding Cycle
1.4 Types of Commercial Ships
1.5 Value Chain Analysis
1.6 Capacity Measurement Units

Global Shipbuilding Market Analysis
2.1 Global Shipbuilding New Orders
2.2 Global Shipbuilding New Orders by Region
2.3 Global Shipbuilding Completions
2.4 Global Shipbuilding Completions by Region
2.5 Global Shipbuilding Orderbook
2.6 Global Shipbuilding Orderbook by Region

Regional Market Analysis
3.1 South Korea, China, Europe, Japan and Other
3.1.1 South Korea Shipbuilding New Orders
3.1.2 South Korea Shipbuilding Completions
3.1.3 South Korea Shipbuilding Orderbook
3.1.4 South Korea Shipbuilding Orderbook Volume by Type

4. Global Commercial Vessel Market Analysis
4.1 Commercial Vessels Fleet Size
4.2 Commercial Vessels Fleet Size by Type
4.2.1 Global Tankers Fleet Size
4.2.2 Global Bulkers Fleet Size
4.2.3 Global Containers Fleet Size
4.3 Commercial Vessel New Orders Volume
4.4 Commercial Vessel New Orders Volume by Region
4.5 Commercial Vessel New Orders Value

4.6 Commercial Vessel New Orders Value by Type
4.6.1 Global Tankers New Orders Value
4.6.2 Global Bulkers New Orders Value
4.6.3 Global Containers New Orders Value
4.6.4 Global Gas Carriers New Orders Forecast
4.7 Commercial Vessel New Orders Value by Region
4.7.1 Korea Commercial Vessel New Orders Value by Type
4.8 Global Commercial Vessels Deliveries
4.9 Global Commercial Vessels Deliveries by Region
4.9.1 Korea Commercial Vessels Deliveries
4.9.2 China Commercial Vessels Deliveries
4.10 Global Commercial Vessels Order backlog
5.1 Growth Drivers
5.1.1 Global Seaborne Trade
5.1.2 Accelerating Economic Development
5.1.3 Rising Energy Consumption
5.1.4 Growing Demand of Eco-friendly Ships
5.2 Market Trends
5.2.1 Average Age of World Merchant Fleet
5.2.2 Significant Steel Consumption
5.2.3 Korean Government Taking Initiatives to Support Shipbuilding Industry
5.2.4 Major Companies Restructuring Japanese Shipbuilding Industry
5.3 Challenges
5.3.1 Risk of Cyber Breaches
5.3.2 Environmental Regulations

Competitive Landscape
6.1 Global Shipbuilding Market Share by Company
6.2 Revenue Comparison- Key Players
6.3 Global LNGC Orderbook Share by Company
6.4 Europe Major ShipbuildersÕ Order Intake

Company Profiles
7.1 Hyundai Heavy Industries
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 DSME

7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Samsung Heavy Industries
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies


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About the author

Andrew Adams

Andrew Adams

Andrew writes about foreign affairs and for the elegantdaily. Andrew completed his education from University of Manchester, BA in economics with a focus on international relations Columbia University Graduate School of Journalism, MA. Andrew can reached

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