Shipbuilding Market is projected to reach a valuation of USD 209.95 Billion by 2030

Krajput17 Dec, 2024News

The Shipbuilding Market encompasses the design, construction, and repair of ships, including commercial vessels such as bulk carriers, tankers, container ships, and passenger ships, as well as naval vessels. This industry plays a crucial role in global trade and defense, with shipyards located across the world engaged in the production and maintenance of a wide variety of ships. The market is driven by demand from the maritime transport sector, national defense needs, and offshore exploration activities.