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The Global Shipbuilding Market is expected to grow by USD 13.24 bn during 2021-2025, progressing at a CAGR of 2.73% during the forecast period

·3-min read

Global Shipbuilding Market 2021-2025 The analyst has been monitoring the shipbuilding market and it is poised to grow by USD 13. 24 bn during 2021-2025, progressing at a CAGR of 2.

New York, Oct. 04, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global Shipbuilding Market 2021-2025" -
73% during the forecast period. Our report on the shipbuilding market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing seaborne trading and growth of shipping industry. In addition, increasing seaborne trading is anticipated to boost the growth of the market as well.
The shipbuilding market analysis includes application segment and geographic landscape.

The shipbuilding market is segmented as below:
By Application
• Commercial
• Defense

By Geographical Landscape
• Europe
• South America
• North America

This study identifies the rising energy consumption as one of the prime reasons driving the shipbuilding market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on shipbuilding market covers the following areas:
• Shipbuilding market sizing
• Shipbuilding market forecast
• Shipbuilding market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shipbuilding market vendors that include BAE Systems Plc, Damen Shipyards Group NV, Fincantieri Spa, General Dynamics Corp., Huntington Ingalls Industries Inc., Hyundai Heavy Industries Co. Ltd., Mitsubishi Heavy Industries Ltd., Oshima Shipbuilding Co. Ltd., Samsung Heavy Industries Co. Ltd., and Sumitomo Heavy Industries Ltd. Also, the shipbuilding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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