The Europe Shipbuilding Market would witness market growth of 3.0% CAGR during the forecast period (2021-2027).
The shipping industry serves the shippers with comparatively low charges. Additionally, maritime transportation is way more efficient in terms of capacity. Shipping of smaller as well as large-sized cargo is possible with the help of ships. Smaller commodities are grouped along with other commodities whereas big-sized cargo is filled one or more than one container.
Also, ships are developed in order to carry sensitive and hazardous cargo. Thus, the workers in the shipbuilding industry are well-versed in managing such kind of cargo along with maintaining the safety of cargo as well as the vessel. Chances of losses due to unexpected incidents while transportation is lesser now due to increasing safety measures taken by the industry.
The European naval industry is among major providers of appropriate water weapons and thus the region ensures the safety of the region’s coastlines. The European government also invest a lot in naval defense of the region which would arise the demand for shipbuilding sector in upcoming years. Presently, the European region is witnessing a higher demand for autonomous cruises and ships. The countries like Germany, Italy, Russia, and France in the European region are leading shipbuilding countries and are among the major consumers of marine electronic equipment.
The Germany market dominated the Europe Shipbuilding Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $13.2 billion by 2027. The UK market would witness a CAGR of 2.3% during (2021 - 2027). Additionally, The France market is poised to grow a CAGR of 3.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Shipbuilding Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Shipbuilding Market, by Type
1.4.2 Europe Shipbuilding Market, by End Use
1.4.3 Europe 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. Europe Shipbuilding Market by Type
4.1 Europe Bulk Carriers Market by Country
4.2 Europe Oil Tankers Market by Country
4.3 Europe Container Ships Market by Country
4.4 Europe General Cargo Ships Market by Country
4.5 Europe Passenger Ships Market by Country
4.6 Europe Other Type Market by Country
Chapter 5. Europe Shipbuilding Market by End Use
5.1.1.1 Europe Transport Market by Country
5.1.1.2 Europe Military Market by Country
Chapter 6. Europe Shipbuilding Market by Country
6.1 Germany Shipbuilding Market
6.1.1 Germany Shipbuilding Market by Type
6.1.2 Germany Shipbuilding Market by End Use
6.2 UK Shipbuilding Market
6.2.1 UK Shipbuilding Market by Type
6.2.2 UK Shipbuilding Market by End Use
6.3 France Shipbuilding Market
6.3.1 France Shipbuilding Market by Type
6.3.2 France Shipbuilding Market by End Use
6.4 Russia Shipbuilding Market
6.4.1 Russia Shipbuilding Market by Type
6.4.2 Russia Shipbuilding Market by End Use
6.5 Spain Shipbuilding Market
6.5.1 Spain Shipbuilding Market by Type
6.5.2 Spain Shipbuilding Market by End Use
6.6 Italy Shipbuilding Market
6.6.1 Italy Shipbuilding Market by Type
6.6.2 Italy Shipbuilding Market by End Use
6.7 Rest of Europe Shipbuilding Market
6.7.1 Rest of Europe Shipbuilding Market by Type
6.7.2 Rest of Europe 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 Europe Shipbuilding Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 7 Europe Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 8 Europe Bulk Carriers Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Bulk Carriers Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Oil Tankers Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Oil Tankers Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Container Ships Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Container Ships Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe General Cargo Ships Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe General Cargo Ships Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Passenger Ships Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Passenger Ships Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Other Type Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Other Type Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 21 Europe Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 22 Europe Transport Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Transport Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Military Market by Country, 2017 - 2020, USD Million
TABLE 25 Europe Military Market by Country, 2021 - 2027, USD Million
TABLE 26 Europe Shipbuilding Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Shipbuilding Market by Country, 2021 - 2027, USD Million
TABLE 28 Germany Shipbuilding Market, 2017 - 2020, USD Million
TABLE 29 Germany Shipbuilding Market, 2021 - 2027, USD Million
TABLE 30 Germany Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 31 Germany Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 32 Germany Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 33 Germany Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 34 UK Shipbuilding Market, 2017 - 2020, USD Million
TABLE 35 UK Shipbuilding Market, 2021 - 2027, USD Million
TABLE 36 UK Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 37 UK Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 38 UK Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 39 UK Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 40 France Shipbuilding Market, 2017 - 2020, USD Million
TABLE 41 France Shipbuilding Market, 2021 - 2027, USD Million
TABLE 42 France Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 43 France Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 44 France Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 45 France Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 46 Russia Shipbuilding Market, 2017 - 2020, USD Million
TABLE 47 Russia Shipbuilding Market, 2021 - 2027, USD Million
TABLE 48 Russia Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 49 Russia Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 50 Russia Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 51 Russia Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 52 Spain Shipbuilding Market, 2017 - 2020, USD Million
TABLE 53 Spain Shipbuilding Market, 2021 - 2027, USD Million
TABLE 54 Spain Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 55 Spain Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 56 Spain Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 57 Spain Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 58 Italy Shipbuilding Market, 2017 - 2020, USD Million
TABLE 59 Italy Shipbuilding Market, 2021 - 2027, USD Million
TABLE 60 Italy Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 61 Italy Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 62 Italy Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 63 Italy Shipbuilding Market by End Use, 2021 - 2027, USD Million
TABLE 64 Rest of Europe Shipbuilding Market, 2017 - 2020, USD Million
TABLE 65 Rest of Europe Shipbuilding Market, 2021 - 2027, USD Million
TABLE 66 Rest of Europe Shipbuilding Market by Type, 2017 - 2020, USD Million
TABLE 67 Rest of Europe Shipbuilding Market by Type, 2021 - 2027, USD Million
TABLE 68 Rest of Europe Shipbuilding Market by End Use, 2017 - 2020, USD Million
TABLE 69 Rest of Europe 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