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Ship Hull Inspection Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A6180
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Market Overview:
The global ship hull inspection services market size reached US$ 12.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.6 Billion by 2028, exhibiting a growth rate (CAGR) of 2.4% during 2023-2028.
Ship hull inspection services assess the damage and corrosion in the ship hull and aid in determining the ability of the vessels to continue in service without any issues. In line with this, they help ship operators, insurance companies, and government agencies to quantify the extent of corrosion in the hull. These inspection services are widely preferred by the end-users since undetected or delayed identification of hull cracks can lead to significant spending on replacement or repair services later. Hull inspections also have a considerable influence on the environmental performance of a vessel as a clean and smooth hull improves the fuel efficiency of the ship, thereby reducing both emissions and fuel costs.
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Ship Hull Inspection Services Market Trends:
The market is primarily driven by the increasing need for new ships and operations. This demand is fueled by the widespread adoption of uncrewed remote observation vehicles (ROV) for inspection services and vessel maintenance instead of commercial divers with handheld equipment. Moreover, continual developments in ship hull inspection services, such as fully automated ultrasonic scanning, non-destructive testing, and software solutions to track the condition of the hull, are providing a significant boost to the market growth. Besides this, numerous hull inspection service providers are now partnering and collaborating with prominent technology companies to offer advanced solutions that aim to minimize the operation duration of services while ensuring cost savings. The market is further driven by significant growth in the marine industry, a considerable rise in vessel production and the expanding sea routes. Some of the other factors contributing to the market growth include rapid improvements in ship repair and maintenance supply chains and significant investments in the research and development (R&D) activities conducted by key market players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ship hull inspection services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on inspection type, service type and application.
Breakup by Inspection Type:
- General Corrosion / Pitting and Grooving / Coating Condition
- Deformation / Fractures
- Cleanliness
- Others
Breakup by Service Type:
- Contract-based
- One Time Service
Breakup by Application:
- Cruise Ships
- Commercial Vessels
- Container Ships
- Naval Ships / Military Vessels
- Offshore Oil and Gas Ships
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AIM Control Inspection Group of Companies, Blueye, Carisbrooke Shipping Limited, C-Leanship A/S, Commercial Diving Services Pte Ltd, Eddyfi Technologies, IMF Technical Services Ltd, Marine Inspection Services Ltd and TechKnowServ Corporation.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Inspection Type, Service Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | AIM Control Inspection Group of Companies, Blueye, Carisbrooke Shipping Limited, C-Leanship A/S, Commercial Diving Services Pte Ltd, Eddyfi Technologies, IMF Technical Services Ltd, Marine Inspection Services Ltd and TechKnowServ Corporation. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global ship hull inspection services market was valued at US$ 12.6 Billion in 2022.
We expect the global ship hull inspection services market to exhibit a CAGR of 2.4% during 2023-2028.
The expanding maritime sector, along with the continual developments in ship hull inspection services, such as fully automated ultrasonic scanning, non-destructive testing, and software solutions to track the condition of the hull, are primarily driving the global ship hull inspection services market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous marine activities, thereby negatively impacting the global market for ship hull inspection services.
Based on the inspection type, the global ship hull inspection services market can be segmented into general corrosion / pitting and grooving / coating condition, deformation / fractures, cleanliness, and others. Currently, general corrosion / pitting and grooving / coating condition holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global ship hull inspection services market include AIM Control Inspection Group of Companies, Blueye, Carisbrooke Shipping Limited, C-Leanship A/S, Commercial Diving Services Pte Ltd, Eddyfi Technologies, IMF Technical Services Ltd, Marine Inspection Services Ltd, and TechKnowServ Corporation.
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