0 items USD 0.00Maritime
The Maritime industry comprises companies that primarily manufacture and produce vessels concerned with oceanic and sea activities, that is, their manufacturing and associated services such as maritime shipping, transportation, and recreation such as tourism and trade happen through the usage of shipment services. The maritime market is centered around ship transport overseas and along coastlines.
1 . Maritime Industry Market Research Reports Industry Analysis and Trends
The maritime market is primarily related to commercial or mercantile activities. A few other names this industry could be known for its work and services include shipbuilding, shipping line operations, management, shipyard services, maritime cargo services, marine repairs, and freight forwarding services. Maritime market activities support several enterprises and businesses, including logistics companies, shipyard companies, loading and unloading ships, that is, longshoremen or stevedores, import-export companies, shipbuilding companies, vessel equipment, and components OEMs, metallurgy companies, steel mills, commodity terminal companies, energy terminal and transportation companies such as pipeline hubs, and various service industries and companies.
A significant portion of the global maritime fleet is devoted to energy transportation or the transportation of liquefied natural gas (LNG), oil, chemicals, and liquid commodities via tankers. Over 4,000 bulk tankers are currently in service worldwide. Other maritime fleets include barges, reefer ships, coasters, ferries, cruise ships, and telecommunications and oil & gas industry ships. Maritime shipping and traffic connect all non-landlocked markets, or the vast majority of the world essentially, while only 47 landlocked countries are worldwide. Maritime fleets, including freighters, bulk carriers, container ships, tankers, and other large vessels, are constructed and decommissioned according to major macroeconomic trends affecting global and transnational trade. Global and regional economic contractions can lead to downturns in maritime shipping businesses.
2 . Maritime Market FAQ
Asia and North America remain the largest trade in terms of fleet deployment.
Space constraints, equipment shortage and congestion at origin/destination ports, and regional disruptions are the major inhibitors.
Asia Pacific’s emergence as the market leader will support global growth as other regions falter. Real GDP growth is projected to rise to 4.2% in 2022 and 4.5% in 2023. India, Indonesia, Vietnam, the Philippines, Bangladesh, and Cambodia will likely achieve 5–7% growth rates. (Source: DHL)
Costs are likely to go up slightly as a result of measures needed for carbon-free maritime transport. Major companies are moving towards green fuels such as Hydrogen. Smaller and most vulnerable economies may need support to mitigate the increased costs and lower connectivity.
3 . Maritime Industry Current Trends
The global maritime industry influences many other industries, which rely on maritime trade to transport goods and raw materials. The maritime industry is the leading transport sector in terms of size. Huge capital is required to support the global shipping sector. The industry also relies on a vast workforce and technological innovation. Global economic growth fuelling global trade is the main factor affecting the shipping industry. While traditionally, the EU region has dominated the shipping sector, there has been a shift in recent years by which Asia has overtaken Europe. The US represents the world’s largest cruise sector, with the UK and Germany coming next, but the European region has been overtaking North America in terms of cruise passenger numbers. Germany is the world’s fastest-growing passenger transport market and will continue to be so for some time in the future. The Middle East shipbuilding and repairing industry witnessed the least impact from the global financial crisis, according to Global Industry Analysts, and GIA reports that Korea and China lead the global shipbuilding industry. The Korean company Samsung Heavy Industries filed over 1,000 patent applications in 2010, and the sh1ipyards in developing countries such as Vietnam, India, Malaysia, and Brazil have shown an emerging trend in recent years. There is also increasing demand for shipping outfits to invest in shipyards to be involved in the supply chain.
4 . Major Maritime Industry Players
Major players in the maritime industry include Aegean Marine, AP Moeller, Maersk A/S, Baltic Trading, China Shipping Container Lines Co Ltd, Danaos Corp, Overseas Shipholding Group, Safe Bulkers Inc, Seaspan Corp, Ship Finance International Ltd, Diana Shipping, DryShips, Eagle Bulk Shipping Inc, Excel Maritime, Genco Shipping & Trading Ltd, General Maritime, Globus Maritime Ltd, Golar LNG, Goldenport Holdings Inc, Jinhui Shipping & Transportation Ltd, Kirby Corp, and Stolt-Nielsen S.A.
1 . How MarketResearchReports.com Can Help You Find the Right Report(s)?
Maritime Industry Overall Growth Forecast
We offer syndicated/off-the-shelf and custom market research reports covering Maritime industry. These reports are designed to provide a wholistic view of the global Maritime industry.
The major growth forecast covered are:
- Maritime Industry CAGR % Growth Forecast for 2022-2028
- Maritime Industry Value Growth Forecast for 2022-2028
- Maritime Industry Key Companies Growth Forecast for 2022-2028
Maritime Industry Regional Data Coverage
The reports offered by us provide deep regional data for Maritime industry. This information is designed to help decision makers identify the key growth markets of Maritime industry and prepare their business strategy accordingly.
The major regional data covered are:
- Maritime Industry Region-Wise Growth Trends
- Maritime Industry Key Country Growth Opportunities
- Maritime Industry Focus on Most Important Markets
Maritime Industry Trends Analysis
The reports covering Maritime industry offer trends analysis of various types. These include overall key growth opportunities in global Maritime industry.
The major trends and analysis covered are:
- Maritime Industry Key Player Profiles
- Maritime Industry SWOT Analysis
- Maritime Industry Growth Drivers and Challenges
2 . Latest Market Research Reports on Maritime Industry
Below mentioned is the list of reports available for on Maritime industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.
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