BRIC Hernia Repair Devices Market Outlook to 2023 Global Shipbuilding Market 2017 by Region, Vessel

Global Shipbuilding Market 2017 by Region, Vessel Type, Volume,
Analysis and Forecast to 2021
ReportsWeb.com published “Shipbuilding Market” from its database. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
The shipbuilding industry is responsible for the design and construction of oceangoing vessels
all around the world. The shipbuilding industry is involved in the construction and modification
of ships and these operations are carried out in specialized facilities called shipyards.
Shipbuilding process starts with inquiries from customers, followed by completion of various
processes until the vessel is completed. It takes at least 2 years to complete the manufacturing
of a ship.
The shipbuilding industry is marked by its global presence, with ships being built in
industrialized regions such as Japan, Europe, South Korea and China. The geographical
distribution of new ship construction has shown strong changes starting from the original
dominance of Europe to an increased role for Asian countries such as South Korea, Japan and
China. At the demand side, purchases are still dominated by European buyers in many
segments.
For more information about this report: http://www.reportsweb.com/global-shipbuilding-
market-report-2017-edition
The major factors that contribute in the growth of the industry include global seaborne trade,
growing urbanization, accelerating economic development, rise in crude steel production and
growing demand of eco-friendly ships. The key trends observed within the industry include
introduction of shipbuilding robotics, ship launching air bags, rising demand of LNG fueled
engines and green shipbuilding technology. However, the industry is also witnessing many
hindrances including risk of cyber breaches, write-downs on existing backlogs and
environmental regulations.
The report "Global Shipbuilding Market" provides in-depth analysis of the shipbuilding market
on a global scale with detailed information regarding the key regional markets which includes
South Korea, China and Japan. The major trends, growth drivers as well as issues being faced by
the industry are being presented in this report. The four major players in the industry, Hyundai
Heavy Industries, Mitsubishi Heavy Industries, Daewoo Shipbuilding and Marine Engineering
and Samsung Heavy Industries are being profiled.
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001799249/sample