Dublin, Jan. 14, 2019 (GLOBE NEWSWIRE) -- The "Global Shipbuilding Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The shipbuilding market will register a CAGR of more than 2% by 2023.
Advent of robotics in shipbuilding to gain traction. The use of robotics is increasing in shipbuilding industry. This is because robotics is improving efficiency, reducing errors, and it can also perform dangerous tasks such as welding, painting, and heavy lifting.
Market Overview
Increasing seaborne trading
The shipping industry has recorded in increase in the total trade volume owing to the rapid industrialization and the liberalization of economies that is increasing the trade between two economies.
Oversupply of ships
The shipping industry is now running with lower margins due to an oversupply that would reduce the new shipbuilding orders.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including BAE Systems and DSME, the competitive environment is quite intense. Factors such as the increasing seaborne trading and the advent of robotics in shipbuilding, will provide considerable growth opportunities to shipbuilding manufactures.
BAE Systems, DSME, General Dynamics, Hyundai Heavy Industries, and Samsung Heavy Industries are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/jmql3t/global?w=12
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