Ship and Boat Building And Repairing Market Global Briefing 2018

Ship and Boat Building And Repairing Market Global Briefing 2018

  • January 2018 •
  • 40 pages •
  • Report ID: 5292816 •
  • Format: PDF
The ship and boat building and repairing industry includes establishments operating shipyards and boatyards. Their products include cargo ships, passenger ships, yachts, oil and gas drilling and production platforms, barges, inflatable plastic boats and rowing boats.
The ship and boat building and repairing market in this report is segmented into ship building and repair and boat building and repair.

The global ship and boat building and repairing market was estimated to be around $220 billion as of 2017. The global ship and boat building and repairing made up around 3% of the overall transportation manufacturing market in 2017. The ship and boat building and repairing market was the fourth largest market in the global transportation manufacturing market in 2017.

Advanced Outfitting In Shipbuilding
Many ship building companies are using advanced outfitting methods to reduce shipbuilding cycle time and costs. Traditionally, shipbuilding process was sequential with outfitting of components only after the ship hull was launched, whereas, advanced outfitting is the fitting of machinery, seating structures, piping, electrical and hull outfit items before the hull structure is fabricated and erected on the birth or dock.

This leads to reduced overhead work, better utilization of man-hours and improved productivity, thus enabling shipbuilding companies to build ships faster. Advanced outfitting are of two types block outfitting and zone outfitting, depending on the scale of shipbuilding process. Major players in this industry such as DSME, HHI, Samsung Heavy Industries and Mitsubishi Heavy Industries are using advanced outfitting in their shipyards.
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