NEW YORK, Aug. 30, 2021 /PRNewswire/ -- Technavio has announced its latest market research report titled Shipbuilding Market by Application (Commercial and Defense) and Geography (APAC, Europe, South America, North America, and MEA). The shipbuilding market from Industrials will showcase a NEGATIVE impact due to the pandemic. With rising cases of infections worldwide and gradually recovering economic activities across the globe, the shipbuilding market demand will show NEGATIVE growth during the next few years.
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The shipbuilding market is attributed to increasing seaborne trading and rising energy consumption. This report has been curated considering various factors for forecast evaluation including the impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior. As the impact of the pandemic unfolds, the report will offer pre-and post-COVID market estimates in optimistic, probable, and pessimistic scenarios.
Major Five Shipbuilding Companies:
- BAE Systems Plc
- Damen Shipyards Group NV
- Fincantieri Spa
- General Dynamics Corp.
- Huntington Ingalls Industries Inc.
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Shipbuilding Market Application Outlook (Revenue, USD bn, 2020-2025)
- Commercial - size and forecast 2020-2025
- Defense - size and forecast 2020-2025
Shipbuilding Market Geography Outlook (Revenue, USD bn, 2020-2025)
- APAC - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
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