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North America Shipbuilding Market (Ship Type: Cargo, Vessel, Container, Tanker, Multi-purpose Ship, Car and Passenger Ferry, and Others) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031
Market Report I 2023-01-16 I 175 Pages I Transparency Market Research
North America Shipbuilding Market - Scope of Report
TMR's report on the shipbuilding market in North America studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the shipbuilding market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of shipbuilding market from 2022 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the shipbuilding market in North America.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the shipbuilding market in North America.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the shipbuilding market in North America. These serve as valuable tools for existing market players as well as for entities interested in participating in the shipbuilding market in North America.
The report delves into the competitive landscape of the shipbuilding market. Key players operating in the shipbuilding market in North America have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the shipbuilding market profiled in this report.
Research Methodology
The research methodology is a combination of exhaustive primary and secondary research to analyze the shipbuilding market.
Secondary Research
Secondary research included a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants' insights, and recognizing business opportunities.
Secondary research sources that we referred to include, but are not limited to:
Company websites, presentations, annual reports, white papers, technical papers, product brochures
Internal and external proprietary databases and relevant patents
National government documents, statistical databases, and market reports
News articles, press releases, and webcasts specific to companies operating in the market
Specific Secondary Sources:
- Industry Sources:
o WorldWideScience.org
o Elsevier, Inc.
o National Institutes of Health (NIH)
o PubMed
o NCBI
o Department of Health Care Service
- Trade Data Sources
o Trade Map
o UN Comtrade
o Trade Atlas
- Company Information
o OneSource Business Browser
o Hoover's
o Factiva
o Bloomberg
- Mergers & Acquisitions
o Thomson Mergers & Acquisitions
o MergerStat
o Profound
Primary Research
During the course of the research, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research.
We conducted primary interviews with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:
Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
Helps in validating and strengthening secondary research findings
Develops the analysis team's expertise and market understanding
Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies
Participants who took part in the process include, but are not limited to:
Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
Purchasing/sourcing managers, technical personnel, distributors
Outside experts: Investment bankers, valuation experts, and research analysts
Key opinion leaders specializing in the market with respect to different industry verticals
Primary participants included, but are not limited to:
Bayer AG
Elanco Products Company
Merck & Co., Inc.
Ceva Sante Animale
Virbac SA
Data Triangulation: Information culled from "Secondary & Primary Sources" is cross-checked with "TMR Knowledge Repository", which is updated every quarter
Market Estimation: Market size estimations involved an in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we used modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:
Demographic Data: Population, inflation rates, and others
Industry Indicators: Production data, R&D investment, technology stage, and infrastructure, sector growth, and facilities
Market Forecasting: Market forecasts for various segments are derived by taking into account drivers, restraints/challenges, opportunities prevailing in the market, and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise consumption data are the other pivotal factors considered to derive market forecasts.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.4. Porter's Five Forces Analysis
5.5. Value Chain Analysis
5.6. Industry SWOT Analysis
5.7. COVID-19 Impact Analysis
5.8. Technological Roadmap
5.9. North America Shipbuilding Market Analysis and Forecast, 2017 - 2031
5.9.1. Market Value Projections (US$ Bn)
5.9.2. Market Volume Projections (Units)
6. North America Shipbuilding Market Analysis and Forecast, By Ship Type
6.1. North America Shipbuilding Market Size (US$ Bn and Units), By Ship Type, 2017 - 2031
6.1.1. Cargo
6.1.2. Vessel
6.1.3. Container
6.1.4. Tanker
6.1.5. Multi-purpose Ship
6.1.6. Car and Passenger Ferry
6.1.7. Others
6.2. Incremental Opportunity, By Ship Type
7. North America Shipbuilding Market Analysis and Forecast, By End-user
7.1. North America Shipbuilding Market Size (US$ Bn and Units), By End-user, 2017 - 2031
7.1.1. Commercial
7.1.2. Military
7.2. Incremental Opportunity, By End-user
8. North America Shipbuilding Market Analysis and Forecast, By Country
8.1. North America Shipbuilding Market Size (US$ Bn and Units), By Country, 2017 - 2031
8.1.1. U.S.
8.1.2. Canada
8.1.3. Rest of North America
8.2. Incremental Opportunity, By Country
9. U.S. Shipbuilding Market Analysis and Forecast
9.1. Country Snapshot
9.2. Price Trend Analysis
9.2.1. Weighted Average Selling Price (US$)
9.3. Key Trends Analysis
9.3.1. Demand Side Analysis
9.3.2. Supply Side Analysis
9.4. Shipbuilding Market Size (US$ Bn and Units), By Ship Type, 2017 - 2031
9.4.1. Cargo
9.4.2. Vessel
9.4.3. Container
9.4.4. Tanker
9.4.5. Multi-purpose Ship
9.4.6. Car and Passenger Ferry
9.4.7. Others
9.5. Shipbuilding Market Size (US$ Bn and Units), By End-user, 2017 - 2031
9.5.1. Commercial
9.5.2. Military
9.6. Incremental Opportunity Analysis
10. Canada Shipbuilding Market Analysis and Forecast
10.1. Country Snapshot
10.2. Price Trend Analysis
10.2.1. Weighted Average Selling Price (US$)
10.3. Key Trends Analysis
10.3.1. Demand Side Analysis
10.3.2. Supply Side Analysis
10.4. Shipbuilding Market Size (US$ Bn and Units), By Ship Type, 2017 - 2031
10.4.1. Cargo
10.4.2. Vessel
10.4.3. Container
10.4.4. Tanker
10.4.5. Multi-purpose Ship
10.4.6. Car and Passenger Ferry
10.4.7. Others
10.5. Shipbuilding Market Size (US$ Bn and Units), By End-user, 2017 - 2031
10.5.1. Commercial
10.5.2. Military
10.6. Incremental Opportunity Analysis
11. Competition Landscape
11.1. Market Player - Competition Dashboard
11.2. Market Share Analysis (%), 2021
11.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Financial/Revenue, Strategy & Business Overview, Sales Channel Analysis, Size Portfolio)
11.3.1. Raytheon Technologies Corporation
11.3.1.1. Company Overview
11.3.1.2. Sales Area/Geographical Presence
11.3.1.3. Financial/Revenue
11.3.1.4. Strategy & Business Overview
11.3.1.5. Sales Channel Analysis
11.3.1.6. Size Portfolio
11.3.2. Huntington Ingalls Industries Inc.
11.3.2.1. Company Overview
11.3.2.2. Sales Area/Geographical Presence
11.3.2.3. Financial/Revenue
11.3.2.4. Strategy & Business Overview
11.3.2.5. Sales Channel Analysis
11.3.2.6. Size Portfolio
11.3.3. General Dynamics Corporation
11.3.3.1. Company Overview
11.3.3.2. Sales Area/Geographical Presence
11.3.3.3. Financial/Revenue
11.3.3.4. Strategy & Business Overview
11.3.3.5. Sales Channel Analysis
11.3.3.6. Size Portfolio
11.3.4. Northrop Grumman Newport News Inc
11.3.4.1. Company Overview
11.3.4.2. Sales Area/Geographical Presence
11.3.4.3. Financial/Revenue
11.3.4.4. Strategy & Business Overview
11.3.4.5. Sales Channel Analysis
11.3.4.6. Size Portfolio
11.3.5. Arcosa, Inc.
11.3.5.1. Company Overview
11.3.5.2. Sales Area/Geographical Presence
11.3.5.3. Financial/Revenue
11.3.5.4. Strategy & Business Overview
11.3.5.5. Sales Channel Analysis
11.3.5.6. Size Portfolio
11.3.6. Oceaneering International Inc
11.3.6.1. Company Overview
11.3.6.2. Sales Area/Geographical Presence
11.3.6.3. Financial/Revenue
11.3.6.4. Strategy & Business Overview
11.3.6.5. Sales Channel Analysis
11.3.6.6. Size Portfolio
11.3.7. Trinity Industries, Inc.
11.3.7.1. Company Overview
11.3.7.2. Sales Area/Geographical Presence
11.3.7.3. Financial/Revenue
11.3.7.4. Strategy & Business Overview
11.3.7.5. Sales Channel Analysis
11.3.7.6. Size Portfolio
11.3.8. American Commercial Barge Lines Holding Corporation
11.3.8.1. Company Overview
11.3.8.2. Sales Area/Geographical Presence
11.3.8.3. Financial/Revenue
11.3.8.4. Strategy & Business Overview
11.3.8.5. Sales Channel Analysis
11.3.8.6. Size Portfolio
11.3.9. Brp US Inc.
11.3.9.1. Company Overview
11.3.9.2. Sales Area/Geographical Presence
11.3.9.3. Financial/Revenue
11.3.9.4. Strategy & Business Overview
11.3.9.5. Sales Channel Analysis
11.3.9.6. Size Portfolio
11.3.10. Vigor Industrial LLC
11.3.10.1. Company Overview
11.3.10.2. Sales Area/Geographical Presence
11.3.10.3. Financial/Revenue
11.3.10.4. Strategy & Business Overview
11.3.10.5. Sales Channel Analysis
11.3.10.6. Size Portfolio
12. Key Takeaway
12.1. Identification of Potential Market Spaces
12.1.1. Ship Type
12.1.2. End-user
12.1.3. Country
12.2. Understanding the Buying Process of Customers
12.3. Preferred Sales & Marketing Strategy
List of Tables
Table 1: North America Shipbuilding Market, By Ship Type, Units, 2017-2031
Table 2: North America Shipbuilding Market, By Ship Type, US$ Bn, 2017-2031
Table 3: North America Shipbuilding Market, By End-user, Units, 2017-2031
Table 4: North America Shipbuilding Market, By End-user, US$ Bn, 2017-2031
Table 5: U.S. Shipbuilding Market, By Country, Units, 2017-2031
Table 6: U.S. Shipbuilding Market, By Country, US$ Bn, 2017-2031
Table 7: U.S. Shipbuilding Market, By Ship Type, Units, 2017-2031
Table 8: U.S. Shipbuilding Market, By Ship Type, US$ Bn, 2017-2031
Table 9: U.S. Shipbuilding Market, By End-user, Units, 2017-2031
Table 10: U.S. Shipbuilding Market, By End-user, US$ Bn, 2017-2031
Table 11: Canada Shipbuilding Market, By Ship Type, Units, 2017-2031
Table 12: Canada Shipbuilding Market, By Ship Type, US$ Bn, 2017-2031
Table 13: Canada Shipbuilding Market, By End-user, Units, 2017-2031
Table 14: Canada Shipbuilding Market, By End-user, US$ Bn, 2017-2031
List of Figures
Figure 1: North America Shipbuilding Market, By Ship Type, Units, 2017-2031
Figure 2: North America Shipbuilding Market, By Ship Type, US$ Bn, 2017-2031
Figure 3: North America Shipbuilding Market Incremental Opportunity, By Ship Type, US$ Bn, 2022-2031
Figure 4: North America Shipbuilding Market, By End-user, Units, 2017-2031
Figure 5: North America Shipbuilding Market, By End-user, US$ Bn, 2017-2031
Figure 6: North America Shipbuilding Market Incremental Opportunity, By End-user, US$ Bn, 2022-2031
Figure 7: U.S. Shipbuilding Market, By Country, Units, 2017-2031
Figure 8: U.S. Shipbuilding Market, By Country, US$ Bn, 2017-2031
Figure 9: U.S. Shipbuilding Market Incremental Opportunity, By Country, US$ Bn, 2022-2031
Figure 10: U.S. Shipbuilding Market, By Ship Type, Units, 2017-2031
Figure 11: U.S. Shipbuilding Market, By Ship Type, US$ Bn, 2017-2031
Figure 12: U.S. Shipbuilding Market Incremental Opportunity, By Ship Type, US$ Bn, 2022-2031
Figure 13: U.S. Shipbuilding Market, By End-user, Units, 2017-2031
Figure 14: U.S. Shipbuilding Market, By End-user, US$ Bn, 2017-2031
Figure 15: U.S. Shipbuilding Market Incremental Opportunity, By End-user, US$ Bn, 2022-2031
Figure 16: Canada Shipbuilding Market, By Ship Type, Units, 2017-2031
Figure 17: Canada Shipbuilding Market, By Ship Type, US$ Bn, 2017-2031
Figure 18: Canada Shipbuilding Market Incremental Opportunity, By Ship Type, US$ Bn, 2022-2031
Figure 19: Canada Shipbuilding Market, By End-user, Units, 2017-2031
Figure 20: Canada Shipbuilding Market, By End-user, US$ Bn, 2017-2031
Figure 21: Canada Shipbuilding Market Incremental Opportunity, By End-user, US$ Bn, 2022-2031
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