Ship Repair And Maintenance Services Market

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Ship Repair and Maintenance Services Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2030, Segmented By Vessel (Gas Carriage, Oil & Chemical Tankers, Bulk Carriers, General Cargo, Container Ship, Passenger Ship); By Application (General Services, Dockage, Engine Parts, Electric Works, Auxiliary Services); By Region (North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA))

Published Date: March 2024
Report ID: BWC24197
Available Format: PDF
Page: 400

Report Overview

The rising shipbuilding activities driven by growing international trade are expected to boost the growth of Global Ship Repair and Maintenance Services Market during the forecast period between 2024 and 2030.

Global Ship Repair and Maintenance Services Market - Industry Trends & Forecast Report, 2030

Global Ship Repair and Maintenance Services Market size was estimated to be worth USD 43.11 billion in 2023. During the forecast period between 2024 and 2030, the Global Ship Repair and Maintenance Services Market size is projected to grow at a CAGR of 4.83%, reaching a value of USD 59.24 billion by 2030. Major growth factors for the Global Ship Repair and Maintenance Services Market include flourishing international trade and rising use and integration of advanced technologies, such as artificial intelligence (AI) and the Internet of Things (IoT). Additionally, the construction of seaports under infrastructure development projects is anticipated to drive the global ship repair and maintenance services market during the forecast period.

Ship Repair and Maintenance Services Market

Ship Repair and Maintenance Services – Overview

Ship repair and maintenance services include those related to building, repairing, and maintaining ships. All tasks associated with maintaining the vessel are referred to as maintenance work. This might involve maintaining the engine, pump systems, electrical system, and cleaning; it could also involve upgrading navigational technology and carrying out routine maintenance duties like cleaning out lockers and removing debris. For end users, ship repair and maintenance are among the most complicated and expensive processes. Numerous problems, including gasoline leaks between heavy fuel tank components and water ballast, are avoided by these repair options.

Global Ship Repair and Maintenance Services Market

Growth Drivers

Expanding Industrial Output and International Trade

The expanding industrial output and demand for goods in international markets, the need for transport of goods via waterways is increasing, eventually boosting the demand for new ships in the market. Seaborne trade offers various advantages in goods transportation, such as shipping large volumes at low costs. Over 80% of the volume of international trade in goods is carried by sea. About 11 billion tons of goods were traded by sea in 2021, according to data released by the United Nations Conference on Trade and Development. The growing volume of international trade is directly driving the growth of the global ship market.

Challenges

High Cost of Ship Repair and Maintenance Services

Ship repair and maintenance services involve skilled labor and specialized technologies, which directly influences its cost and impacts the market growth. These expenses may cover supplies or baggage-related consequences in addition to inspections and repairs. Ship maintenance and repair costs typically account for 10% of overall operating expenditures (OPEX), but on older ships, they may account for as much as 20% to 30%. These expenses are associated with the age of the vessel, but they frequently also have to do with unplanned repairs, a shortage of parts, or a shortage of skilled experts.

Impact of Escalating Geopolitical Tensions on Global Ship Repair and Maintenance Services Market

The intensifying geopolitical tensions spreading across regions are impacting the growth of the Global Ship Repair and Maintenance Services Market. For instance, Russia’s invasion of Ukraine which resulted in trade sanctions by various countries, including the United States and the United Kingdom, halted a significant number of economic activities with Russia, which disrupted the transportation of goods and services via waterways. As a result, the demand for ship repair and maintenance services declined in the region. In another instance, Yemen Houthis, a political and military organization, are attacking United States and United Kingdom cargo ships, which is further impacting the growth of Global Ship Repair and Maintenance Services Market.

Global Ship Repair and Maintenance Services Market

Segmental Coverage

Global Ship Repair and Maintenance Services Market – By Vessel

Based on the vessel, the Global Ship Repair and Maintenance Services Market is segmented into gas carriage, oil and chemical tankers, bulk carriers, general cargo, container ships, and passenger ships. The container ship segment holds the largest share in the Global Ship Repair and Maintenance Services Market. The growth of the market is mainly attributed to the growing international trade and the flourishing e-commerce sector. Furthermore, growing tourism is also proliferating the seafood import/export market, which is anticipated to drive the container ship segment market growth.

Global Ship Repair and Maintenance Services Market – By Application

Based on application, the Global Ship Repair and Maintenance Services Market is segmented into general services, dockage, engine parts, electric works, and auxiliary services. The general service segment accounts for the highest market share. General maintenance services ensure the smooth functioning and operation of the vessels by replacing deteriorated parts, testing and maintaining safety equipment, and enhancing appearance. Their services are relatively cheaper and based on contracts, which is crucial in driving its growth in the Global Ship Repair and Maintenance Services Market.

Ship Repair and Maintenance Services Market Share

Global Ship Repair and Maintenance Services Market – By Region

The in-depth research report on the Global Ship Repair and Maintenance Services Market covers a number of country-specific markets across five major regions: North America, Europe, Asia Pacific (APAC), Latin America, the Middle East and Africa. Europe dominates the Global Ship Repair and Maintenance Services Market owing to its expanding import and export activities and rising investments in research and development activities in new technology. North America is also forecast to grow at a substantial rate owing to rising demand for naval vessels.

Competitive Landscape

Major players operating in the Global Ship Repair and Maintenance Services Market include Bac Viet Commercial and Shiptech JSC, HSD Marine and Shiprepair Pte Ltd, Damen Shipyards Group, Sembcorp Marine Ltd, Phu Duc Trading & Marine Service Co., Ltd, Dundee Marine & Industrial Services Pte Ltd, Unithai Shipyard and Engineering Ltd, Blue Ocean Marine Service, Jobson Asia Pte Ltd, Hyundai Mipo Dockyard, Seacom Marine and Services Pte. Ltd, Hai Phong Marine Services Company, Tsuneishi Shipbuilding Co., Ltd, Egyptian Ship Repair & Building Company, and Desan Shipyard.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

In December 2023 – The US Navy signed a Master Ship Repair Agreement with Larsen and Toubro, a hi-tech manufacturing and services company based in India.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2023
	Base Year – 2023
	Estimated Year – 2024
	Forecast Period – 2024–2030
Facts Covered	Revenue in USD Billion
Market Coverage	North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Product/ Service Segmentation	Vessel, Application, Region
Key Players	Bac Viet Commercial and Shiptech JSC, HSD Marine and Shiprepair Pte Ltd, Damen Shipyards Group, Sembcorp Marine Ltd, Phu Duc Trading & Marine Service Co., Ltd, Dundee Marine & Industrial Services Pte Ltd, Unithai Shipyard and Engineering Ltd, Blue Ocean Marine Service, Jobson Asia Pte Ltd, Hyundai Mipo Dockyard, Seacom Marine and Services Pte. Ltd, Hai Phong Marine Services Company, Tsuneishi Shipbuilding Co., Ltd, Egyptian Ship Repair & Building Company, and Desan Shipyard

By Vessel

Gas Carriage
Oil & Chemical Tankers
Bulk Carriers
General Cargo
Container Ship
Passenger Ship

By Application

General Services
Dockage
Engine Parts
Electric Works
Auxiliary Services

By Region

North America
Europe
Asia Pacific (APAC)
Latin America (LATAM)
Middle East and Africa (MEA)

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Global Ship Repair and Maintenance Services Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Rising Shipbuilding Activities
    2. Growing International Trade
    3. Increasing Offshore Exploration
  2. Restraints
    1. Regulatory Hurdles
    2. Skilled Labor Shortage
    3. Overcapacity in the Shipbuilding Industry
  3. Opportunities
    1. Increasing Average Age of Vessels Worldwide
    2. Innovations in Shipbuilding Materials, Propulsion Systems, and Automation Technologies
    3. Growing Demand for Specialized Services
  4. Challenges
    1. Intense Competition
    2. Fluctuating Raw Material Prices
    3. Technological Disruptions
3. Technological Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Global Ship Repair and Maintenance Services Market: Marketing Strategies
Global Ship Repair and Maintenance Services Market Overview
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share and Forecast
  1. By Vessel
    1. Gas Carriage
    2. Oil and Chemical Tankers
    3. Bulk Carriers
    4. General Cargo
    5. Container Ship
    6. Passenger Ship
  2. By Application
    1. General Services
    2. Dockage
    3. Engine Parts
    4. Electric Works
    5. Auxiliary Services
  3. By Region
    1. North America
    2. Europe
    3. Asia Pacific (APAC)
    4. Latin America (LATAM)
    5. Middle East and Africa (MEA)
North America Ship Repair and Maintenance Services Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Vessel
  2. By Application
  3. By Country
    1. United States
      1. By Vessel
      2. By Application
    2. Canada
      1. By Vessel
      2. By Application
Europe Ship Repair and Maintenance Services Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Vessel
  2. By Application
  3. By Country
    1. Germany
      1. By Vessel
      2. By Application
    2. United Kingdom
      1. By Vessel
      2. By Application
    3. Italy
      1. By Vessel
      2. By Application
    4. France
      1. By Vessel
      2. By Application
    5. Spain
      1. By Vessel
      2. By Application
    6. Belgium
      1. By Vessel
      2. By Application
    7. Russia
      1. By Vessel
      2. By Application
    8. The Netherlands
      1. By Vessel
      2. By Application
    9. Rest of Europe
      1. By Vessel
      2. By Application
Asia Pacific Ship Repair and Maintenance Services Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Vessel
  2. By Application
  3. By Country
    1. China
      1. By Vessel
      2. By Application
    2. India
      1. By Vessel
      2. By Application
    3. Japan
      1. By Vessel
      2. By Application
    4. South Korea
      1. By Vessel
      2. By Application
    5. Australia & New Zealand
      1. By Vessel
      2. By Application
    6. Indonesia
      1. By Vessel
      2. By Application
    7. Malaysia
      1. By Vessel
      2. By Application
    8. Singapore
      1. By Vessel
      2. By Application
    9. Vietnam
      1. By Vessel
      2. By Application
    10. Rest of APAC
      1. By Vessel
      2. By Application
Latin America Ship Repair and Maintenance Services Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Vessel
  2. By Application
  3. By Country
    1. Brazil
      1. By Vessel
      2. By Application
    2. Mexico
      1. By Vessel
      2. By Application
    3. Argentina
      1. By Vessel
      2. By Application
    4. Peru
      1. By Vessel
      2. By Application
    5. Rest of LATAM
      1. By Vessel
      2. By Application
Middle East & Africa Ship Repair and Maintenance Services Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Vessel
  2. By Application
  3. By Country
    1. Saudi Arabia
      1. By Vessel
      2. By Application
    2. UAE
      1. By Vessel
      2. By Application
    3. Qatar
      1. By Vessel
      2. By Application
    4. Kuwait
      1. By Vessel
      2. By Application
    5. South Africa
      1. By Vessel
      2. By Application
    6. Nigeria
      1. By Vessel
      2. By Application
    7. Algeria
      1. By Vessel
      2. By Application
    8. Rest of MEA
      1. By Vessel
      2. By Application
Competitive Landscape
1. List of Key Players and Their Offerings
2. Global Ship Repair and Maintenance Services Market Share Analysis, 2023
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Geopolitical Tension on Global Ship Repair and Maintenance Services Market
Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
1. Bac Viet Commercial and Shiptech JSC
2. HSD Marine and Shiprepair Pte Ltd
3. Damen Shipyards Group
4. Sembcorp Marine Ltd
5. Phu Duc Trading & Marine Service Co., Ltd
6. Dundee Marine & Industrial Services Pte Ltd
7. Unithai Shipyard and Engineering Ltd
8. Blue Ocean Marine Service
9. Jobson Asia Pte Ltd
10. Hyundai Mipo Dockyard
11. Seacom Marine and Services Pte. Ltd
12. Hai Phong Marine Services Company
13. Tsuneishi Shipbuilding Co., Ltd
14. Egyptian Ship Repair & Building Company
15. Desan Shipyard
16. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Global Ship Repair and Maintenance Services Segmentation

Figure 2 Global Ship Repair and Maintenance Services Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2023

Figure 4 Global Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 5 Global Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 6 Global Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 7 Global Ship Repair and Maintenance Services Market Share, By Region, By Value, 2019–2030

Figure 8 North America Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 9 North America Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 10 North America Ship Repair and Maintenance Services Market Share, By Application, By Value,

Figure 11 North America Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Figure 12 United States Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 13 United States Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 14 United States Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 15 Canada Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 16 Canada Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 17 Canada Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 18 Europe Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 19 Europe Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 20 Europe Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 21 Europe Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Figure 22 Germany Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 23 Germany Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 24 Germany Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 25 U.K. Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 26 U.K. Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 27 U.K. Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 28 Italy Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 29 Italy Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 30 Italy Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 31 France Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 32 France Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 33 France Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 34 Spain Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 35 Spain Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 36 Spain Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 37 Belgium Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 38 Belgium Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 39 Belgium Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 40 Russia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 41 Russia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 42 Russia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 43 The Netherlands Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 44 The Netherlands Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 45 The Netherlands Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 46 Rest of Europe Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 47 Rest of Europe Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 48 Rest of Europe Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 49 Asia-Pacific Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 50 Asia-Pacific Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 51 Asia-Pacific Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 52 Asia-Pacific Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Figure 53 China Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 54 China Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 55 China Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 56 India Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 57 India Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 58 India Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 59 Japan Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 60 Japan Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 61 Japan Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 62 South Korea Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 63 South Korea Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 64 South Korea Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 65 Australia & New Zealand Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 66 Australia & New Zealand Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 67 Australia & New Zealand Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 68 Indonesia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 69 Indonesia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 70 Indonesia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 71 Malaysia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 72 Malaysia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 73 Malaysia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 74 Singapore Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 75 Singapore Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 76 Singapore Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 77 Vietnam Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 78 Vietnam Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 79 Vietnam Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 80 Rest of APAC Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 81 Rest of APAC Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 82 Rest of APAC Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 83 Latin America Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 84 Latin America Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 85 Latin America Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 86 Latin America Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Figure 87 Brazil Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 88 Brazil Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 89 Brazil Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 90 Mexico Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 91 Mexico Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 92 Mexico Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 93 Argentina Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 94 Argentina Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 95 Argentina Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 96 Peru Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 97 Peru Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 98 Peru Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 99 Rest of LATAM Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 100 Rest of LATAM Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 101 Rest of LATAM Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 102 Middle East & Africa Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 103 Middle East & Africa Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 104 Middle East & Africa Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 105 Middle East & Africa Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Figure 106 Saudi Arabia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 107 Saudi Arabia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 108 Saudi Arabia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 109 UAE Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 110 UAE Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 111 UAE Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 112 Qatar Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 113 Qatar Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 114 Qatar Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 115 Kuwait Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 116 Kuwait Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 117 Kuwait Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 118 South Africa Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 119 South Africa Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 120 South Africa Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 121 Nigeria Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 122 Nigeria Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 123 Nigeria Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 124 Algeria Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 125 Algeria Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 126 Algeria Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Figure 127 Rest of Middle East & Africa Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Figure 128 Rest of Middle East & Africa Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Figure 129 Rest of Middle East & Africa Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

List of Table

Table 1 Global Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 2 Global Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 3 Global Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 4 Global Ship Repair and Maintenance Services Market Share, By Region, By Value, 2019–2030

Table 5 North America Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 6 North America Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 7 North America Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 8 North America Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Table 9 United States Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 10 United States Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 11 United States Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 12 Canada Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 13 Canada Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 14 Canada Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 15 Europe Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 16 Europe Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 17 Europe Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 18 Europe Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Table 19 Germany Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 20 Germany Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 21 Germany Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 22 U.K. Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 23 U.K. Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 24 U.K. Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 25 Italy Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 26 Italy Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 27 Italy Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 28 France Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 29 France Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 30 France Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 31 Spain Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 32 Spain Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 33 Spain Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 34 Belgium Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 35 Belgium Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 36 Belgium Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 37 Russia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 38 Russia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 39 Russia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 40 The Netherlands Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 41 The Netherlands Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 42 The Netherlands Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 43 Rest of Europe Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 44 Rest of Europe Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 45 Rest of Europe Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 46 Asia-Pacific Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 47 Asia-Pacific Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 48 Asia-Pacific Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 49 Asia-Pacific Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Table 50 China Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 51 China Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 52 China Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 53 India Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 54 India Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 55 India Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 56 Japan Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 57 Japan Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 58 Japan Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 59 South Korea Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 60 South Korea Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 61 South Korea Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 62 Australia & New Zealand Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 63 Australia & New Zealand Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 64 Australia & New Zealand Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 65 Indonesia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 66 Indonesia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 67 Indonesia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 68 Malaysia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 69 Malaysia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 70 Malaysia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 71 Singapore Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 72 Singapore Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 73 Singapore Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 74 Vietnam Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 75 Vietnam Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 76 Vietnam Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 77 Rest of APAC Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 78 Rest of APAC Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 79 Rest of APAC Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 80 Latin America Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 81 Latin America Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 82 Latin America Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 83 Latin America Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Table 84 Brazil Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 85 Brazil Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 86 Brazil Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 87 Mexico Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 88 Mexico Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 89 Mexico Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 90 Argentina Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 91 Argentina Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 92 Argentina Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 93 Peru Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 94 Peru Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 95 Peru Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 96 Rest of LATAM Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 97 Rest of LATAM Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 98 Rest of LATAM Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 99 Middle East & Africa Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 100 Middle East & Africa Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 101 Middle East & Africa Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 102 Middle East & Africa Ship Repair and Maintenance Services Market Share, By Country, By Value, 2019–2030

Table 103 Saudi Arabia Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 104 Saudi Arabia Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 105 Saudi Arabia Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 106 UAE Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 107 UAE Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 108 UAE Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 109 Qatar Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 110 Qatar Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 111 Qatar Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 112 Kuwait Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 113 Kuwait Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 114 Kuwait Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 115 South Africa Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 116 South Africa Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 117 South Africa Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 118 Nigeria Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 119 Nigeria Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 120 Nigeria Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 121 Algeria Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 122 Algeria Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 123 Algeria Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 124 Rest of Middle East & Africa Ship Repair and Maintenance Services Market Size, By Value (USD Billion), 2019–2030

Table 125 Rest of Middle East & Africa Ship Repair and Maintenance Services Market Share, By Vessel, By Value, 2019–2030

Table 126 Rest of Middle East & Africa Ship Repair and Maintenance Services Market Share, By Application, By Value, 2019–2030

Table 127 Bac Viet Commercial And Shiptech JSC Company Overview

Table 128 Bac Viet Commercial And Shiptech JSC Financial Overview

Table 129 HSD Marine and Shiprepair Pte Ltd Company Overview

Table 130 HSD Marine and Shiprepair Pte Ltd Financial Overview

Table 131 Damen Shipyards Group Company Overview

Table 132 Damen Shipyards Group Financial Overview

Table 133 Sembcorp Marine Ltd Company Overview

Table 134 Sembcorp Marine Ltd Financial Overview

Table 135 Phu Duc Trading & Marine Service Co., Ltd Company Overview

Table 136 Phu Duc Trading & Marine Service Co., Ltd Financial Overview

Table 137 Dundee Marine & Industrial Services Pte Ltd Company Overview

Table 138 Dundee Marine & Industrial Services Pte Ltd Financial Overview

Table 139 Unithai Shipyard and Engineering Ltd Company Overview

Table 140 Unithai Shipyard and Engineering Ltd Financial Overview

Table 141 BLUE OCEAN MARINE SERVICE Company Overview

Table 142 BLUE OCEAN MARINE SERVICE Financial Overview

Table 143 Jobson Asia Pte Ltd Company Overview

Table 144 Jobson Asia Pte Ltd Financial Overview

Table 145 HYUNDAI MIPO DOCKYARD Company Overview

Table 146 HYUNDAI MIPO DOCKYARD Financial Overview

Table 147 Seacom Marine and Services Pte Ltd Company Overview

Table 148 Seacom Marine and Services Pte Ltd Financial Overview

Table 149 HAI PHONG MARINE SERVICES COMPANY: Company Overview

Table 150 HAI PHONG MARINE SERVICES COMPANY: Financial Overview

Table 151 TSUNEISHI SHIPBUILDING Co., Ltd Company Overview

Table 152 TSUNEISHI SHIPBUILDING Co., Ltd Financial Overview

Table 153 Egyptian Ship Repair & Building Company: Company Overview

Table 154 Egyptian Ship Repair & Building Company Financial Overview

Table 155 DESAN SHIPYARD Company Overview

Table 156 DESAN SHIPYARD Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. Name the fastest growing region in the Global Ship Repair and Maintenance Services Market during the forecast period.

Ans: Asia Pacific is expected to grow at the fastest rate in the Global Ship Repair and Maintenance Services Market during the forecast period between 2024 and 2030.

2. What is the current market size of Global Ship Repair and Maintenance Services Market?

Ans: Global Ship Repair and Maintenance Services Market size was estimated at USD 43.11 billion in 2023.

3. What is the expected CAGR of Global Ship Repair and Maintenance Services Market during the forecast period?

Ans: Global Ship Repair and Maintenance Services Market size is expected to grow at a CAGR of 4.83% during the forecast period between 2024 and 2030.

4. What is the forecast value of Global Ship Repair and Maintenance Services Market by 2030?

Ans: Global Ship Repair and Maintenance Services Market size is forecast to reach a value of USD 59.24 billion by 2030.

5. What are the major factors driving the growth of the Global Ship Repair and Maintenance Services Market?

Ans: Major factors driving the growth of the Global Ship Repair and Maintenance Services Market include rising shipbuilding activities and growing international trade.

6. Name the key players in the Global Ship Repair and Maintenance Services Market.

Ans: Key players in the Global Ship Repair and Maintenance Services Market include Bac Viet Commercial and Shiptech JSC, HSD Marine and Shiprepair Pte Ltd, Damen Shipyards Group, Sembcorp Marine Ltd, Phu Duc Trading & Marine Service Co., Ltd, Dundee Marine & Industrial Services Pte Ltd, Unithai Shipyard and Engineering Ltd, Blue Ocean Marine Service, Jobson Asia Pte Ltd, Hyundai Mipo Dockyard, Seacom Marine and Services Pte. Ltd, Hai Phong Marine Services Company, Tsuneishi Shipbuilding Co., Ltd, Egyptian Ship Repair & Building Company, and Desan Shipyard.

7. Which segment accounts for the highest share in the Global Ship Repair and Maintenance Services Market by vessel?

Ans: The container ship segment holds the highest market share in the Global Ship Repair and Maintenance Services Market by vessel.

8. Which is the fastest growing application segment in the Global Ship Repair and Maintenance Services Market?

Ans: The general services segment is expected to grow at the highest CAGR in the Global Ship Repair and Maintenance Services Market during the forecast period between 2024 and 2030.

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Ship Repair And Maintenance Services Market

Report Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

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