The Asia Pacific Shipbuilding Market would witness market growth of 3.4% CAGR during the forecast period (2021-2027).
The shipbuilding and vessel maintaining activities need skilled and qualified human resources who are well-versed in dealing with the latest and complex technological processes. Shipbuilding makes the transportation of commodities easy by providing various kinds of ships. Ships are the major transporters for various commodities such as salt, electricity, electronic goods, cereal, drinks, oil, soap, and many more.
Besides the transportation of goods, the shipbuilding industry also plays a crucial role in the defense forces of countries. Many warships are also designed by the shipbuilding industry to protect from the movement in the water in coastal areas that can be done strategically by enemies. Naval ships are comparatively faster in speed and advanced in terms of technology than merchant ships and are also capable enough to carry weapons for wars.
APAC has been a crucial region for shipyards and water-based transportation of goods. Moreover, the shipbuilding industry of China is highly modernized and geographically expanded. The shipbuilding industry of China is responsible for serving China’s navy with well efficient and advanced ships with the capability to defeat enemy ships. The shipbuilding industry is responsible for the use of electronic goods in China all over the world.
The China market dominated the Asia Pacific Shipbuilding Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $18,570.8 million by 2027. The Japan market is experiencing a CAGR of 2.8% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 4% during (2021 - 2027).
Based on Type, the market is segmented into Bulk Carriers, Oil Tankers, Container Ships, General Cargo Ships, Passenger Ships and Others. Based on End Use, the market is segmented into Transport and Military. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Shipbuilding Market is Projected to reach USD 176.1 Billion by 2027, at a CAGR of 3.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huntington Ingalls Industries, Inc., Samsung Heavy Industries Co., Ltd. (Samsung Group), Sumitomo Heavy Industries, Ltd., BAE Systems PLC, Damen Shipyards Group, China State Shipbuilding Corporation, Fincantieri S.p.A (CDP Industria S.p.A.), Korea Shipbuilding & Offshore Engineering Co., Ltd., General Dynamics Corporation, and Mitsubishi Heavy Industries Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Bulk Carriers
- Oil Tankers
- Container Ships
- General Cargo Ships
- Passenger Ships and
- Others
By End Use
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Huntington Ingalls Industries, Inc.
- Samsung Heavy Industries Co., Ltd. (Samsung Group)
- Sumitomo Heavy Industries, Ltd.
- BAE Systems PLC
- Damen Shipyards Group
- China State Shipbuilding Corporation
- Fincantieri S.p.A (CDP Industria S.p.A.)
- Korea Shipbuilding & Offshore Engineering Co., Ltd.
- General Dynamics Corporation
- Mitsubishi Heavy Industries Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Shipbuilding Market, by Type
1.4.2 Asia Pacific Shipbuilding Market, by End Use
1.4.3 Asia Pacific Shipbuilding Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Aug – 2021, Nov) Leading Players
Chapter 4. Asia Pacific Shipbuilding Market by Type
4.1 Asia Pacific Bulk Carriers Market by Country
4.2 Asia Pacific Oil Tankers Market by Country
4.3 Asia Pacific Container Ships Market by Country
4.4 Asia Pacific General Cargo Ships Market by Country
4.5 Asia Pacific Passenger Ships Market by Country
4.6 Asia Pacific Other Type Market by Country
Chapter 5. Asia Pacific Shipbuilding Market by End Use
5.1 Asia Pacific Transport Market by Country
5.2 Asia Pacific Military Market by Country
Chapter 6. Asia Pacific Shipbuilding Market by Country
6.1 China Shipbuilding Market
6.1.1 China Shipbuilding Market by Type
6.1.2 China Shipbuilding Market by End Use
6.2 Japan Shipbuilding Market
6.2.1 Japan Shipbuilding Market by Type
6.2.2 Japan Shipbuilding Market by End Use
6.3 India Shipbuilding Market
6.3.1 India Shipbuilding Market by Type
6.3.2 India Shipbuilding Market by End Use
6.4 South Korea Shipbuilding Market
6.4.1 South Korea Shipbuilding Market by Type
6.4.2 South Korea Shipbuilding Market by End Use
6.5 Singapore Shipbuilding Market
6.5.1 Singapore Shipbuilding Market by Type
6.5.2 Singapore Shipbuilding Market by End Use
6.6 Malaysia Shipbuilding Market
6.6.1 Malaysia Shipbuilding Market by Type
6.6.2 Malaysia Shipbuilding Market by End Use
6.7 Rest of Asia Pacific Shipbuilding Market
6.7.1 Rest of Asia Pacific Shipbuilding Market by Type
6.7.2 Rest of Asia Pacific Shipbuilding Market by End Use
Chapter 7. Company Profiles
7.1 Huntington Ingalls Industries, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 Samsung Heavy Industries Co., Ltd. (Samsung Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.3 Sumitomo Heavy Industries, Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.4 BAE Systems PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Damen Shipyards Group
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.5.2.2 Acquisition and Mergers:
7.6 China State Shipbuilding Corporation
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.7 Fincantieri S.p.A (CDP Industria S.p.A.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Korea Shipbuilding & Offshore Engineering Co., Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.9 General Dynamics Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.6 SWOT Analysis
7.10. Mitsubishi Heavy Industries Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional & Segmental Analysis
TABLE 1 Asia Pacific Shipbuilding Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Shipbuilding Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Shipbuilding Market
TABLE 4 Product Launches And Product Expansions– Shipbuilding Market
TABLE 5 Acquisition and Mergers– Shipbuilding Market
TABLE 6 Asia Pacific Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Bulk Carriers Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Bulk Carriers Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Oil Tankers Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Oil Tankers Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Container Ships Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Container Ships Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific General Cargo Ships Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific General Cargo Ships Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Passenger Ships Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Passenger Ships Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Other Type Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Other Type Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Transport Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Transport Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Military Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Military Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Shipbuilding Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Shipbuilding Market by Country, 2021 - 2027, USD Million
TABLE 28 China Shipbuilding Market, 2017 - 2020, USD Million
TABLE 29 China Shipbuilding Market, 2021 - 2027, USD Million
TABLE 30 China Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 31 China Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 32 China Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 33 China Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 34 Japan Shipbuilding Market, 2017 - 2020, USD Million
TABLE 35 Japan Shipbuilding Market, 2021 - 2027, USD Million
TABLE 36 Japan Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 37 Japan Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 38 Japan Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 39 Japan Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 40 India Shipbuilding Market, 2017 - 2020, USD Million
TABLE 41 India Shipbuilding Market, 2021 - 2027, USD Million
TABLE 42 India Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 43 India Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 44 India Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 45 India Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 46 South Korea Shipbuilding Market, 2017 - 2020, USD Million
TABLE 47 South Korea Shipbuilding Market, 2021 - 2027, USD Million
TABLE 48 South Korea Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 49 South Korea Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 50 South Korea Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 51 South Korea Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 52 Singapore Shipbuilding Market, 2017 - 2020, USD Million
TABLE 53 Singapore Shipbuilding Market, 2021 - 2027, USD Million
TABLE 54 Singapore Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 55 Singapore Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 56 Singapore Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 57 Singapore Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 58 Malaysia Shipbuilding Market, 2017 - 2020, USD Million
TABLE 59 Malaysia Shipbuilding Market, 2021 - 2027, USD Million
TABLE 60 Malaysia Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 61 Malaysia Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 62 Malaysia Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 63 Malaysia Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 64 Rest of Asia Pacific Shipbuilding Market, 2017 - 2020, USD Million
TABLE 65 Rest of Asia Pacific Shipbuilding Market, 2021 - 2027, USD Million
TABLE 66 Rest of Asia Pacific Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 67 Rest of Asia Pacific Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 68 Rest of Asia Pacific Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 69 Rest of Asia Pacific Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 70 Key Information – Huntington Ingalls Industries, Inc.
TABLE 71 Key Information – Samsung Heavy Industries Co., Ltd.
TABLE 72 Key Information – Sumitomo Heavy Industries, Ltd.
TABLE 73 Key Information – BAE Systems PLC
TABLE 74 Key Information – Damen Shipyards Group
TABLE 75 Key Information – China State Shipbuilding Corporation
TABLE 76 Key Information – Fincantieri S.p.A.
TABLE 77 Key Information – Korea Shipbuilding & Offshore Engineering Co., Ltd.
TABLE 78 key information – General Dynamics Corporation
TABLE 79 Key Information – Mitsubishi Heavy Industries Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Aug – 2021, Nov) Leading Players
FIG 5 Recent strategies and developments: Huntington Ingalls Industries, Inc.
FIG 6 SWOT Analysis: BAE SYSTEMS PLC
FIG 7 Recent strategies and developments: Damen Shipyards Group
FIG 8 SWOT Analysis: General Dynamics Corporation