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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.

Download COVID-19 Impact Analysis Report on Shipbuilding Market

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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Tugboats Market by Type and Geography - Forecast and Analysis 2021-2025: The tugboats market has the potential to grow by 259.00 units during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 13.61%. To get more exclusive insights: Download Our Exclusive Sample Report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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