세계 선박 수리 및 유지보수 서비스 시장 규모는 예측기간인 2024-2031년에 6.07%의 연평균 복합 성장률(CAGR)로 확대되며, 2023년 308억 5,000만 달러에서 2031년에는 494억 3,000만 달러로 성장할 것으로 예측되고 있습니다. 이 시장은 E-Commerce 산업의 성장과 선박 유지 보수 서비스 수요 증가에 의한 기술 추가, 새로운 해상 항로, 상업 선박 증가에 의해 변모하고 있습니다. 선대의 노후화가 진행되어 운항 효율, 안전성, 컴플라이언스를 유지하기 위한 끊임없는 점검이 요구되고 있습니다. 함정용 신조 선박을 건설하고 주요 선박 수리, 유지 보수, 서비스 제공업체를 고용하고 있습니다. 했습니다.
센서와 데이터 분석을 활용하여 기계 데이터를 분석하여 고장을 사전 예측하는 예지 보전 전략을 가능하게 합니다. 디지털 트위 선박의 출현은 실제 선박의 가상 모델을 포함하고 운영자가 실시간으로 선박의 상태를 모니터링 할 수있게합니다.
이 보고서는 세계 선박 수리 및 유지 보수 서비스 시장에 대해 조사했으며, 시장 개요와 함께 선박별, 서비스별, 지역별 동향 및 시장 진출기업 프로파일 등의 정보를 제공합니다.
Global ship repair and maintenance service market is projected to witness a CAGR of 6.07% during the forecast period 2024-2031, growing from USD 30.85 billion in 2023 to USD 49.43 billion in 2031. The market is transforming with technological additions, new maritime routes, and increased commercial shipping due to growing e-commerce industry and increasing demand for ship maintenance services. As ship industry grows, the aging fleet demands for the constant checkups for operational efficiency, safety, and compliance. Furthermore, advanced repairing and maintenance technology supports the industry. Governments are building new shipyards for commercial and naval vessels, employing major ship repair and maintenance service providers. Future tech such as predictive maintenance, remote monitoring, digital twins technology, and automation has revolutionized the ship repair and service industry.
Utilizing sensors and data analytics allows for predictive maintenance strategies, where data from machinery is analyzed to predict failures before they occur. This approach reduces unexpected breakdowns and optimizes maintenance schedules. While the advent of digital twins includes virtual models of physical ships, allowing operators to monitor the vessel condition in real-time. This technique helps with better maintenance and repair planning by illustrating possible problems over the course of a vessel's existence.
For instance, in September 2022, Kongsberg Digital, part of the KONGSBERG Gruppen ASA launched digital twin for maritime industry to enhance shipping processes. Real-time data from the Vessel Insight data infrastructure and its application ecosystem powers the twin. Meeting the new requirements for greater transparency and a smaller carbon impact is posing significant problems for the maritime sector.
Increasing Maritime Trade and Stringent Policies to Fuel Market Growth
The rising global trade fuels the usage of shipping services, eventually fueling the demand for ship repair and maintenance services. The expansion of trade routes, particularly in emerging markets, further amplifies this need, as more vessels are required to meet the growing demand for transporting goods across borders. With a sizable portion of ships operating past their intended lifespan, the average age of the world's fleet is rising. For older ships to continue to meet safety and environmental standards, repairs and maintenance must be performed more frequently. As maritime firms look to prolong the life of their assets while maintaining operating reliability, this trend generates a strong demand for refurbishing and repair services. The countries across globe are enhancing their policies that help in widening the ship repairing industry.
For instance, in July 2024, Indian government's shipping ministry announced to launch a new shipbuilding and repair policy under the 100-day action plan. While Amrit Kaal Vision 2047 sets a higher target of reaching the top five, Maritime India Vision 2030 (MIV 2030) seeks to raise India's shipbuilding and ship repair ranking into the top 10 globally.
The international whistleblowing organizations focus on updating the policies. The organizations focus on lower emissions to curb the carbon footprint. For instance, in July 2023, International Maritime Organization (IMO) adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. To lower the emission of greenhouse gases and reduce the ecological effects of vessels on the ocean, three fresh IMO rules were implemented.
Planned Systems and Preventive Measures to Fuel Market Demand
Systematic maintenance management entails implementing a planned maintenance system (PMS). A PMS assists the ship operator to schedule, document, and execute timely maintenance activities in a manner that is compliant with regulatory requirements. A PMS offers a comprehensive database of machinery and equipment, thereby permitting appropriate risk assessments to be conducted so that all maintenance activities are made timely, thus optimizing asset management.
Data analytics and machine learning enables companies to use historic data to predict failures in equipment, thereby making possible predictive maintenance. Ship operators can now schedule maintenance on actual conditions instead of sticking to fixed time intervals. Companies can optimize their repair schedules so as to reduce the time for maintenance and cut costs. Companies may be able to increase the lifespan of their vessels. The countries award tenders for shipyards and repair and maintenance services. Companies focus on securing these tenders through enhanced service delivery.
For instance, in February 2024, Babcock International Group PLC was awarded a new five-year contract by the United Kingdom Ministry of Defense (MOD) to continue providing in-service support to the Royal Navy's Ships Protective System (SPS) equipment. By using degaussing, cathodic protection, or active shaft anchorage, the contract aims to lower the rate of hull corrosion and magnetic signature, making ships and submarines less vulnerable to magnetic mines.
Defense Vessel Maintenance to Dominate the Market Share
Defense vessel segment is likely to hold the largest market share in the forecast period. The rising tension between countries and the changing geopolitical scenario pushes countries to extend their maritime security and safety. Hence, countries are increasing their defense budget as it extends across the globe. The global superpowers have set up their naval shipyards and repair centers in other countries through tenders. For instance, major contracts have been awarded for the construction of advanced submarines and surface combatants across various navies, which drives the demand for repair and maintenance services to keep these vessels operational and compliant with modern standards.
For instance, in September 2024, A 40,000-ton supply support ship from the United States Navy, named Wally Schirra, arrived at Hanwha Ocean's (Hanwha Group) shipyard in South Korea for upkeep, fixing, and major overhaul (MRO) work, signifying the beginning of a new chapter in defense partnership between Korea and the United States.
Also, India tied up with United States's navy for major collaborations. In May 2024, the countries audited Kolkata port to sign a new agreement that will allow the US Navy ships to access repair services at the port. This was a part of attempts by New Delhi and Washington to make India a major hub for maintenance and repair of US Navy ships in the Indo-Pacific.
North America to Lead the Ship Repair and Maintenance Service Market Share
Based on the region, North America leads the share of the market with countries such as United States and Canada expanding their naval feet. As per the statists published by United States Navel History and Heritage Command, United States owns 275 warships and combatant ships. Furthermore, the increased international trade through new faster routes have given businesses an opportunity to explore more in the market, including the increase in the number of commercial vessels such as general cargo carriers and container ships. North America is characterized by strict regulatory standards enforced by authorities such as the United States Coast Guard (USCG). These regulations ensure compliance with safety and environmental protocols, compelling shipowners to invest in maintenance services that meet these standards. North American participants are expected to setup new shipyards and repair centers in other regions as well.
For instance, in July 2024, LARSEN & TOUBRO LIMITED Kattupalli (India) shipyard, situated close to Chennai, received a Master Shipyard Repair Agreement (MSRA) from the United States Navy for the maintenance of ships. The shipyard has received approval from the Indian Navy and the Coast Guard.
Future Market Scenario (2024 - 2031F)
Increasing use of AI for predictive maintenance, enhancing machinery performance insights, and reducing operational costs through advanced diagnostics and real-time monitoring are expected to drive market growth.
The maritime sector is undergoing a digital revolution, with a focus on digital twins and IoT for continuous monitoring of vessel conditions, leading to proactive maintenance strategies.
Enhanced connectivity through high-speed broadband enables remote diagnostics and support, allowing onboard engineers to consult with shore-based experts for complex repairs.
Key Players Landscape and Outlook
The ship repair and maintenance services market is characterized by a competitive landscape where several prominent companies dominate each other, offering a diverse range of specialized services. These players are engaged in various activities, including hull repairs, engine overhauls, and electrical system maintenance, catering to the needs of commercial fleets across the globe. The competition is intensified by technological advancements that enhance service efficiency and quality through geographic reach, allowing companies to serve a broader clientele. Companies indulge in activities such as collaborations and partnerships to expand their supply chain and distribution channels.
For instance, in July 2023, Fincantieri S.p.A and Leonardo S.p.A signed a USD 211.5 million contract to maintain the Italian Navy's Cavour aircraft Julycarrier and the Andrea Doria and Caio Duilio Horizon-class destroyers. Work under the agreement will be conducted until 2028 by a joint venture between Leonardo and Fincantieri, named Orizzonte Sistemi Navali (OSN). To maintain the Italian Navy's capabilities, companies shall ensure that all ships are operating in a functional condition.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.