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LONDON, GREATER LONDON, UK, December 25, 2023 /EINPresswire.com/ — The global shipbuilding and repairing market witnessed robust growth, expanding from $226.71 billion in 2022 to $245.78 billion in 2023, with a compound annual growth rate (CAGR) of 8.4%. The market is anticipated to further increase, reaching $333.08 billion in 2027, maintaining a CAGR of 7.9%.
Major Companies:
• Samsung Heavy Industries Co Ltd.
• Daewoo Shipbuilding & Marine Engineering
• General Dynamics
• Huntington Ingalls Industries
• China Shipbuilding Industry Corp
• China CSSC Holdings Limited
• Fincantieri SpA
• Brunswick Corporation
• Mitsubishi Heavy Industries Ltd.
• Austal

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Regional Dynamics:
• Largest Region: Asia-Pacific led the shipbuilding and repairing market in 2022.
• Second-Largest Region: Western Europe held the second-largest share in the market.

Market Segmentation:
1. By Type:
• Ship Building
• Ship Repairing
2. By Application:
• General Services
• Dockage
• Hull Part
• Engine Parts
• Electric Works
• Auxiliary Services
3. By End-User:
• Transport Companies
• Military
• Other End Users

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Ship Building And Repairing Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Ship Building And Repairing Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on ship building and repairing market size, ship building and repairing market drivers and trends, ship building and repairing market major players, competitors’ revenues, market positioning, and market growth across geographies. The ship building and repairing market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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