The global Dry Docking Services Market is projected to grow at a CAGR value of 5.8% during the forecast period 2022 to 2030.

Dry Docking Services Market Overview:

Drydocking is a ship maintenance process that has been around for decades. It is the process of building, repairing and maintaining a vessel in a location and the main function of a dry dock is to uncover subsea machineries for inspection, repair and maintenance.
The major drivers prompting the growth of the market during the forecast period are the increasing use of waterways for transportation, growing popularity of cruise tourism, and increasing preference for vessels like bulk carriers, oil tankers, container ships, passenger ships and naval vessels at sea.
The expansion of the Dry Docking Services market is driven by increased investments in infrastructure development of ports, expansion of employment opportunities in Dry Docking Services, and increasing global maritime trade between countries. In addition, rapid increase in investment in advanced technologies and innovations to provide better services, increasing adoption of automation for repair services, and surge in emphasis on enhancing naval capabilities in the global economy also propel the market expansion during the forecast period.

Dry Docking Services market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Dry Docking Services market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.

The Dry Docking Services market research report is categorized based on type, applications and region.

Market Key Players:
Wilhelmsen, Carisbrooke Shipping Limited, Sym Naval, Oman Drydock Company (ODC), Drydocks, SMS Group, Survitec Group Limited, Thamescraft Dry Docking Services Ltd, Idwal, Cruise Management International, Heger Dry Dock, Inc, Morse Dry Dock, and Repair Company, Caddell Dry Dock, Teekay Corporation, and others.

By Type:

• Coating
• Repairs and Maintenance
• Cleaning

By Application:

• Container Ships
• Bulk Carriers
• Tanker Ships
• Passenger Ships
• Naval Ships
• Special Purpose Ships

By Region:

Geographically, the global Dry Docking Services market has been analysed in several regions like North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).

North America will dominate the global share in the global dry docking services market during the forecast period. Increasing purchase of passenger ships and navy vessels for tourism and defense purposes, increasing emphasis on improving naval capabilities, investment in dry docking services, and stringent regulations on vessel quality are some of the factors fueling the growth of the market in the region.
Additionally, Asia Pacific is expected to be the fastest growing in the global dry docking services market during the forecast period. Increased use of waterways for transportation, growing popularity of cruise tourism, increasing penetration by major manufacturers and tech giants, and increasing investment in purchasing naval vessels for upgrading naval bases are some of the factors that may propel market expansion in APAC.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Dry Docking Services Market report scope

Report Attributes	Details
Growth Rate	CAGR of 5.8% from 2022 to 2030.
By Type	Coating, Repairs and Maintenance, Cleaning
By Application	Container Ships, Bulk Carriers, Tanker Ships, Passenger Ships, Naval Ships, Special Purpose Ships
By Companies	Wilhelmsen, Carisbrooke Shipping Limited, Sym Naval, Oman Drydock Company (ODC), Drydocks, SMS Group, Survitec Group Limited, Thamescraft Dry Docking Services Ltd, Idwal, Cruise Management International, Heger Dry Dock, Inc, Morse Dry Dock, and Repair Company, Caddell Dry Dock, Teekay Corporation
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

 

Key Takeaways from this Dry Docking Services Report

• Estimate Dry Docking Services market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Dry Docking Services market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions

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