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Ship Repair and Maintenance-Global Market Insights and Sales Trends 2025
Synopsis
Ship Repair and Maintenance includes 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.
On the Basis of Vessel Type, Bulk Carriers Segment Dominates the Ship Repair and Maintenance Services Market.
The global Ship Repair and Maintenance market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Ship Repair and Maintenance in various end use industries. The expanding demands from the General Services, Dockage, Hull Part and Engine Parts, are propelling Ship Repair and Maintenance market. Oil and Chemical Tankers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bulk Carriers segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Ship Repair and Maintenance market, driven by demand from China, the second largest economy with some signs of stabilising, the Ship Repair and Maintenance market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ship Repair and Maintenance, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ship Repair and Maintenance market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ship Repair and Maintenance market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ship Repair and Maintenance sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ship Repair and Maintenance covered in this report include Sembcorp Industries Ltd., China Shipbuilding Industry Corporation, Damen Shipyards Group, Hyundai Mipo Dockyards Co., Ltd., Dae Sun Shipbuilding & Engineering Co., Ltd., Arab Shipbuilding and Repair Yard Company, Fincantieri S.p.A., Cochin Shipyard Limited and Dundee Marine & Industrial Services Pte Ltd., etc.
The global Ship Repair and Maintenance market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sembcorp Industries Ltd.
China Shipbuilding Industry Corporation
Damen Shipyards Group
Hyundai Mipo Dockyards Co., Ltd.
Dae Sun Shipbuilding & Engineering Co., Ltd.
Arab Shipbuilding and Repair Yard Company
Fincantieri S.p.A.
Cochin Shipyard Limited
Dundee Marine & Industrial Services Pte Ltd.
HOSEI CO., LTD.
TSUNEISHI SHIPBUILDING Co., Ltd.
Keppel Corporation Limited
Orskov Group
Global Ship Repair and Maintenance market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ship Repair and Maintenance market, Segment by Type:
Oil and Chemical Tankers
Bulk Carriers
Container Ships
Gas Carriers
Offshore Vessels
Passenger Ships and Ferries
Global Ship Repair and Maintenance market, by Application
General Services
Dockage
Hull Part
Engine Parts
Electric Works
Auxiliary Services
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Ship Repair and Maintenance companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Ship Repair and Maintenance includes 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.
On the Basis of Vessel Type, Bulk Carriers Segment Dominates the Ship Repair and Maintenance Services Market.
The global Ship Repair and Maintenance market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Ship Repair and Maintenance in various end use industries. The expanding demands from the General Services, Dockage, Hull Part and Engine Parts, are propelling Ship Repair and Maintenance market. Oil and Chemical Tankers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bulk Carriers segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Ship Repair and Maintenance market, driven by demand from China, the second largest economy with some signs of stabilising, the Ship Repair and Maintenance market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ship Repair and Maintenance, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ship Repair and Maintenance market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ship Repair and Maintenance market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ship Repair and Maintenance sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ship Repair and Maintenance covered in this report include Sembcorp Industries Ltd., China Shipbuilding Industry Corporation, Damen Shipyards Group, Hyundai Mipo Dockyards Co., Ltd., Dae Sun Shipbuilding & Engineering Co., Ltd., Arab Shipbuilding and Repair Yard Company, Fincantieri S.p.A., Cochin Shipyard Limited and Dundee Marine & Industrial Services Pte Ltd., etc.
The global Ship Repair and Maintenance market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sembcorp Industries Ltd.
China Shipbuilding Industry Corporation
Damen Shipyards Group
Hyundai Mipo Dockyards Co., Ltd.
Dae Sun Shipbuilding & Engineering Co., Ltd.
Arab Shipbuilding and Repair Yard Company
Fincantieri S.p.A.
Cochin Shipyard Limited
Dundee Marine & Industrial Services Pte Ltd.
HOSEI CO., LTD.
TSUNEISHI SHIPBUILDING Co., Ltd.
Keppel Corporation Limited
Orskov Group
Global Ship Repair and Maintenance market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ship Repair and Maintenance market, Segment by Type:
Oil and Chemical Tankers
Bulk Carriers
Container Ships
Gas Carriers
Offshore Vessels
Passenger Ships and Ferries
Global Ship Repair and Maintenance market, by Application
General Services
Dockage
Hull Part
Engine Parts
Electric Works
Auxiliary Services
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Ship Repair and Maintenance companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Ship Repair and Maintenance
1.1 Ship Repair and Maintenance Market Overview
1.1.1 Ship Repair and Maintenance Product Scope
1.1.2 Ship Repair and Maintenance Market Status and Outlook
1.2 Global Ship Repair and Maintenance Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Ship Repair and Maintenance Market Size by Region (2018-2029)
1.4 Global Ship Repair and Maintenance Historic Market Size by Region (2018-2023)
1.5 Global Ship Repair and Maintenance Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Ship Repair and Maintenance Market Size (2018-2029)
1.6.1 North America Ship Repair and Maintenance Market Size (2018-2029)
1.6.2 Europe Ship Repair and Maintenance Market Size (2018-2029)
1.6.3 Asia-Pacific Ship Repair and Maintenance Market Size (2018-2029)
1.6.4 Latin America Ship Repair and Maintenance Market Size (2018-2029)
1.6.5 Middle East & Africa Ship Repair and Maintenance Market Size (2018-2029)
2 Ship Repair and Maintenance Market by Type
2.1 Introduction
2.1.1 Oil and Chemical Tankers
2.1.2 Bulk Carriers
2.1.3 Container Ships
2.1.4 Gas Carriers
2.1.5 Offshore Vessels
2.1.6 Passenger Ships and Ferries
2.2 Global Ship Repair and Maintenance Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Ship Repair and Maintenance Historic Market Size by Type (2018-2023)
2.2.2 Global Ship Repair and Maintenance Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Ship Repair and Maintenance Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Ship Repair and Maintenance Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Ship Repair and Maintenance Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Ship Repair and Maintenance Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Ship Repair and Maintenance Revenue Breakdown by Type (2018-2029)
3 Ship Repair and Maintenance Market Overview by Application
3.1 Introduction
3.1.1 General Services
3.1.2 Dockage
3.1.3 Hull Part
3.1.4 Engine Parts
3.1.5 Electric Works
3.1.6 Auxiliary Services
3.2 Global Ship Repair and Maintenance Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Ship Repair and Maintenance Historic Market Size by Application (2018-2023)
3.2.2 Global Ship Repair and Maintenance Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Ship Repair and Maintenance Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Ship Repair and Maintenance Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Ship Repair and Maintenance Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Ship Repair and Maintenance Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Ship Repair and Maintenance Revenue Breakdown by Application (2018-2029)
4 Ship Repair and Maintenance Competition Analysis by Players
4.1 Global Ship Repair and Maintenance Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ship Repair and Maintenance as of 2022)
4.3 Date of Key Players Enter into Ship Repair and Maintenance Market
4.4 Global Top Players Ship Repair and Maintenance Headquarters and Area Served
4.5 Key Players Ship Repair and Maintenance Product Solution and Service
4.6 Competitive Status
4.6.1 Ship Repair and Maintenance Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Sembcorp Industries Ltd.
5.1.1 Sembcorp Industries Ltd. Profile
5.1.2 Sembcorp Industries Ltd. Main Business
5.1.3 Sembcorp Industries Ltd. Ship Repair and Maintenance Products, Services and Solutions
5.1.4 Sembcorp Industries Ltd. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.1.5 Sembcorp Industries Ltd. Recent Developments
5.2 China Shipbuilding Industry Corporation
5.2.1 China Shipbuilding Industry Corporation Profile
5.2.2 China Shipbuilding Industry Corporation Main Business
5.2.3 China Shipbuilding Industry Corporation Ship Repair and Maintenance Products, Services and Solutions
5.2.4 China Shipbuilding Industry Corporation Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.2.5 China Shipbuilding Industry Corporation Recent Developments
5.3 Damen Shipyards Group
5.3.1 Damen Shipyards Group Profile
5.3.2 Damen Shipyards Group Main Business
5.3.3 Damen Shipyards Group Ship Repair and Maintenance Products, Services and Solutions
5.3.4 Damen Shipyards Group Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.3.5 Hyundai Mipo Dockyards Co., Ltd. Recent Developments
5.4 Hyundai Mipo Dockyards Co., Ltd.
5.4.1 Hyundai Mipo Dockyards Co., Ltd. Profile
5.4.2 Hyundai Mipo Dockyards Co., Ltd. Main Business
5.4.3 Hyundai Mipo Dockyards Co., Ltd. Ship Repair and Maintenance Products, Services and Solutions
5.4.4 Hyundai Mipo Dockyards Co., Ltd. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.4.5 Hyundai Mipo Dockyards Co., Ltd. Recent Developments
5.5 Dae Sun Shipbuilding & Engineering Co., Ltd.
5.5.1 Dae Sun Shipbuilding & Engineering Co., Ltd. Profile
5.5.2 Dae Sun Shipbuilding & Engineering Co., Ltd. Main Business
5.5.3 Dae Sun Shipbuilding & Engineering Co., Ltd. Ship Repair and Maintenance Products, Services and Solutions
5.5.4 Dae Sun Shipbuilding & Engineering Co., Ltd. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.5.5 Dae Sun Shipbuilding & Engineering Co., Ltd. Recent Developments
5.6 Arab Shipbuilding and Repair Yard Company
5.6.1 Arab Shipbuilding and Repair Yard Company Profile
5.6.2 Arab Shipbuilding and Repair Yard Company Main Business
5.6.3 Arab Shipbuilding and Repair Yard Company Ship Repair and Maintenance Products, Services and Solutions
5.6.4 Arab Shipbuilding and Repair Yard Company Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.6.5 Arab Shipbuilding and Repair Yard Company Recent Developments
5.7 Fincantieri S.p.A.
5.7.1 Fincantieri S.p.A. Profile
5.7.2 Fincantieri S.p.A. Main Business
5.7.3 Fincantieri S.p.A. Ship Repair and Maintenance Products, Services and Solutions
5.7.4 Fincantieri S.p.A. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.7.5 Fincantieri S.p.A. Recent Developments
5.8 Cochin Shipyard Limited
5.8.1 Cochin Shipyard Limited Profile
5.8.2 Cochin Shipyard Limited Main Business
5.8.3 Cochin Shipyard Limited Ship Repair and Maintenance Products, Services and Solutions
5.8.4 Cochin Shipyard Limited Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.8.5 Cochin Shipyard Limited Recent Developments
5.9 Dundee Marine & Industrial Services Pte Ltd.
5.9.1 Dundee Marine & Industrial Services Pte Ltd. Profile
5.9.2 Dundee Marine & Industrial Services Pte Ltd. Main Business
5.9.3 Dundee Marine & Industrial Services Pte Ltd. Ship Repair and Maintenance Products, Services and Solutions
5.9.4 Dundee Marine & Industrial Services Pte Ltd. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.9.5 Dundee Marine & Industrial Services Pte Ltd. Recent Developments
5.10 HOSEI CO., LTD.
5.10.1 HOSEI CO., LTD. Profile
5.10.2 HOSEI CO., LTD. Main Business
5.10.3 HOSEI CO., LTD. Ship Repair and Maintenance Products, Services and Solutions
5.10.4 HOSEI CO., LTD. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.10.5 HOSEI CO., LTD. Recent Developments
5.11 TSUNEISHI SHIPBUILDING Co., Ltd.
5.11.1 TSUNEISHI SHIPBUILDING Co., Ltd. Profile
5.11.2 TSUNEISHI SHIPBUILDING Co., Ltd. Main Business
5.11.3 TSUNEISHI SHIPBUILDING Co., Ltd. Ship Repair and Maintenance Products, Services and Solutions
5.11.4 TSUNEISHI SHIPBUILDING Co., Ltd. Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.11.5 TSUNEISHI SHIPBUILDING Co., Ltd. Recent Developments
5.12 Keppel Corporation Limited
5.12.1 Keppel Corporation Limited Profile
5.12.2 Keppel Corporation Limited Main Business
5.12.3 Keppel Corporation Limited Ship Repair and Maintenance Products, Services and Solutions
5.12.4 Keppel Corporation Limited Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.12.5 Keppel Corporation Limited Recent Developments
5.13 Orskov Group
5.13.1 Orskov Group Profile
5.13.2 Orskov Group Main Business
5.13.3 Orskov Group Ship Repair and Maintenance Products, Services and Solutions
5.13.4 Orskov Group Ship Repair and Maintenance Revenue (US$ Million) & (2018-2023)
5.13.5 Orskov Group Recent Developments
6 North America
6.1 North America Ship Repair and Maintenance Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Ship Repair and Maintenance Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Ship Repair and Maintenance Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Ship Repair and Maintenance Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Ship Repair and Maintenance Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Ship Repair and Maintenance Market Dynamics
11.1 Ship Repair and Maintenance Industry Trends
11.2 Ship Repair and Maintenance Market Drivers
11.3 Ship Repair and Maintenance Market Challenges
11.4 Ship Repair and Maintenance Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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