Global Shipbuilding Market Discussed by Koncept Analytics in Comprehensive Report Now Available at MarketPublishers.com07 Jul 2015 • by Natalie Aster
LONDON – The shipbuilding market is primarily dominated by Asian participants, especially South Korean, Chinese and Japanese. Traditional large shipbuilding companies in the region, including China, Korea, and Japan, as well as Southeastern Asia, are boosting their offshore capabilities and offering a distinct marine solution for offshore and shipbuilding alike. The rise of maritime trade, stiff commercial vessel market and growing GDP of global economies, amid others, are serving as industry growth drivers. Reduced ship prices and ongoing weakness in drillship new order market are major trends in the industry.
As of 2014, the world demand for shipbuilding dropped chiefly owing to sluggish economic growth along with the growing imbalance between supply and demand of ships. The demand was weak also due to an upsurge in shipbuilding costs and demand in 2013 in tandem with freight rate decreases in container ships and bulkers that together contributed to a slump in demand in comparison with 2013.
Hyundai Heavy Industries, Daewoo Shipbuilding, Mitsubishi Heavy Industries and Samsung Heavy Industries are the leading players in the market. The shipbuilders operate in a highly competitive environment with development capabilities, productivity as well as the skills and competence being the major aspects.
Comprehensive market research report “Global Shipbuilding Market Report: 2015 Edition” drawn up by Koncept Analytics provides an insightful analysis of the development of the shipbuilding market globally and on a regional level, covering China, Japan, South Korea, the European region and other emerging markets. The research publication canvasses the prevalent trends, major growth drivers alongside burning issues the industry players are facing with. The shipbuilding market is segmented based on ship type. The report examines the competitive landscape of the industry, including granular profiles of the 4 leading players in the shipbuilding industry, covering financial highlights and business growth strategies.
Global Shipbuilding Market Report: 2015 Edition
Published: June, 2015
Price: US$ 800.00
More comprehensive reports by the publisher can be found at Koncept Analytics page.