Industrial Workboats Market
Industrial Workboats Market Analysis By Type (Harbour Maintenance Workboats, Surveying Workboats, Transportation Workboats, Ferries, Cargo Workboats), By Power Source (Diesel, Electric, LNG, Hybrid / Plug-in Hybrid), By Application - Global Forecast 2022 to 2032
Analysis of Industrial Workboats market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Industrial Workboats Market Outlook (2022 to 2032)
The global industrial workboats market size has reached US$ 2.5 billion in 2022 and is forecast to surpass US$ 4.6 billion by the end of 2032, expanding rapidly at a CAGR of 6.2% from 2022 to 2032.
The market is likely to grow at a fast pace mainly due to significant demand for cargo boats and ferries for use in offshore and port operations.
| Report Attributes | Details |
|---|---|
| Industrial Workboats Market Size (2021A) | US$ 2.4 Billion |
| Estimated Market Value (2022E) | US$ 2.5 Billion |
| Forecasted Market Value (2032F) | US$ 4.6 Billion |
| Global Market Growth Rate (2022 to 2032) | 6.2% CAGR |
| North America Market Share (2021) | ~23.9% |
| North America Market Growth Rate (2022 to 2032) | ~7.3% CAGR |
| United States Market Growth Rate (2022 to 2032) | ~7.2% CAGR |
| Key Companies Profiled |
Daewoo Shipbuilding & Marine Engineering Co Ltd; Damen Shipyards Group; Elastec, Inc; Korea Shipbuilding & Offshore Engineering Co Ltd; Samsung Heavy Industries Co, Ltd; Workskiff Inc |
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Global Industrial Work Boat Sales Analysis (2017 to 2021) in Comparison to Market Forecasts (2022 to 2032)
According to market research and competitive intelligence provider Fact.MR, the global industrials workboat market is set to create US$ 2.1 billion absolute dollar opportunity between 2022 and 2032. Workboats using diesel as a power source and for port operators are majorly driving market growth.
The industrial workboats market has been broadly categorized based on application type. The offshore energy segment is poised to experience the highest growth rate over the coming years due to endless opportunities for generating more energy.
With the maritime, oil & gas, offshore wind, and maritime energy industries contributing to energy evolution and investments in sustainable solutions, demand for industrial workboats is only expected to rise across the world.
- Short Term (2022 Q2 to 2025): Environmental concerns related to shipping emissions in many countries will lead to increased demand for industrial workboats in the short term.
- Medium Term (2025 5to 2028): In the medium term, demand is expected to increase with power source technological advancements in industrial workboats.
- Long Term (2028 to 2032): Market is expected to grow immensely over the long term as the offshore and maritime industry progresses.
According to Fact.MR, the global market for industrial workboats is predicted to expand at a high CAGR of 6.2% between 2022 and 2032 as compared to the CAGR of 1.2% that was recorded between 2017 and 2021.
Which Factors are Driving Global Industrial Work Boats Market Growth
“Developments in Hybrid/Plug-In Hybrid Technology to Fuel Demand for Workboats”
The push to minimize the carbon footprint of global shipping fleets is constant, and it will only get significant in the future. The industry is undergoing fast development, and the hybrid marine market offers commercial potential.
Lower-carbon fuel, more streamlined hulls, efficient propeller design, improved cruise planning for fuel economy, better hull coating, and even air cushions to minimize friction are all being investigated for the development of robust boats.
Depending on the size and operational profile, a hybrid workboat can save 40-60% in fuel and emissions. Smaller in-harbor workboats can be powered entirely by electricity, saving 100% on fuel and emitting zero emissions.
“Workboats for Offshore Oil & Gas Exploration Leading from Front”
Floating offshore wind energy is gaining more and more attention. The growing need to curb emissions has forced countries to embrace renewable energy sources. It has also led to the introduction of renewable solar and wind energy.
Offshore wind energy adoption is expected to increase due to its operational advantages over fixed-structure wind power plants. Floating offshore wind projects require less foundation and deliver higher-energy yields.
Workboats are commonly used for marine construction to provide support for offshore oil & gas platforms, ferries for the transportation of crew members, supplies of equipment, etc. This is one of the major drivers for the market, as industrial workboats are used in the installation process of floating wind power installations.
“Market Players Employing Advanced Technology in Industrial Workboats”
Workboats are being designed to be as versatile and capable as possible in a single and small container. Market players are providing innovative technology so that they can continue to produce high-quality ships at reasonable prices, allowing them to preserve their market dominance.
As practically every company has good and constant research & development activities on every part of the workboat building process, there is healthy and tough rivalry in the market. Because the workboats market has higher growth potential, there is a lot of competition among leading market competitors.
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Country-wise Insights
Will Rising Investments in Maritime Sector in the U.S. Drive Demand for Industrial Workboats?
The U.S. industrial workboats market holds a market share of 90.2% in North America and is poised to expand at 7.2% CAGR over the decade. An increase in large-scale infrastructure investment projects in the maritime sector is expected to drive demand for industrial workboats in the U.S.
High penetration in the United States is due to port operators in the country. Ports serve as important transportation hubs that facilitate goods movement. The larger the year-over-year flow of products and passengers, the more infrastructure, provisioning, and related services are required. These will provide varying degrees of economic and national benefits.
Which Country Leads the European Market for Industrial Workboats?
The Germany industrial workboats market is slated to hold 19.3% of the market share in Europe by 2032.
Germany is the third-largest offshore wind energy-producing country. It is focused on making more areas available for development and enabling the production of hydrogen with offshore wind.
Along with this developing infrastructure, the maritime industry is also growing side by side. The German government is also promoting offshore wind, which will anyhow boost the country’s economy. As such, demand growth for industrial workboats is predicted to be high in the country.
Category-wise Insights
Why is Demand for Transportation Workboats High?
Transportation workboats offer better performance and the segment is expected to progress at a high CAGR of 6.9% over the period (2022 to 2032). In comparison to other forms of transportation, boats have more carrying capacity, allowing them to transport more items in a single journey, considerably boosting their affordability.
Transportation ships emit fewer pollutants than other modes of transportation. In comparison to other modes of transportation, this makes marine transit more cost-effective and environment-friendly. In comparison to other transportation techniques, water transport sees the fewest accidents when properly set up.
Will the Electric Industrial Workboat Trend Get Bigger?
By 2032, electric industrial workboats are set to account for 11.8% of the global market share.
The combustion of heavy fuel oil in huge diesel engines is the primary source of shipping emissions, which disperses contaminants into the air over coastal areas. Because of environmental concerns, demand for electric and hybrid workboats is steadily increasing.
The marine business is expanding as transportation and port operators expand to travel to offshore oil & gas sites, and the usage of electric workboats is expected to increase across regions.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key manufacturers of industrial workboats are Damen Shipyards Group, Eastern Shipbuilding Group, Hamilton, Daewoo Shipbuilding & Marine Engineering Co. Ltd, and Samsung Heavy Industries. These companies provide innovation and techniques in workboats so that these ships can be reliable and effective for use.
The global industrial workboats market is highly competitive and fragmented owing to the presence of several local and international manufacturers. Marketing strategies such as new product launches, product upgradations, thorough research & development, mergers & acquisitions, and partnerships & collaborations are being adopted by key players.
New product launching is frequently adopted as a strategic approach by companies to expand their presence in the market and gain a wider consumer base.
For instance :
- In April 2022, Damen Shipyards Group delivered rugged aquaculture workboats to sustainable fish farming company Kames. Kames has taken delivery of the Damen LUV 2208 to improve waterborne operations at its steelhead trout farm.
- In May 2022, Elastec Inc announced the acquisition of Kepner Plastics Fabricators Inc., recognizing the quality of its products.
Fact.MR has provided detailed information about the price points of key manufacturers of industrial workboats positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Key Segments of Industrial Workboats Industry Research
-
Industrial Workboats Market by Type :
- Harbor Maintenance Workboats
- Surveying Workboats
- Transportation Workboats
- Ferries
- Cargo Workboats
-
Industrial Workboats Market by Power Source :
- Diesel Industrial Workboats
- Electric Industrial Workboats
- LNG Industrial Workboats
- Hybrid / Plug-in Hybrid Industrial Workboats
-
Industrial Workboats Market by Application :
- Offshore Support
- Port Operation
-
Industrial Workboats Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Sales Volume (Units) Analysis and Forecast
- 5. Global - Pricing Analysis
- 6. Global Market Sales Value (US$ Mn) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Harbor Maintenance Workboats
- 7.2. Surveying Workboats
- 7.3. Transportation Workboats
- 7.4. Ferries
- 7.5. Cargo Workboats
- 8. Global Market Analysis and Forecast, By Power Source
- 8.1. Diesel
- 8.2. Electric
- 8.3. LNG
- 8.4. Hybrid / Plug in Hybrid
- 9. Global Market Analysis and Forecast, By Application
- 9.1. Offshore Support
- 9.2. Port Operation
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. AusThaiMarine
- 19.2. Brix Marine
- 19.3. C&C Marine and Repair
- 19.4. Castoldi
- 19.5. Daewoo Shipbuilding & Marine Engineering Co, Ltd
- 19.6. Damen Shipyards Group
- 19.7. Diverse Marine Limited
- 19.8. Doen Pacific
- 19.9. Eastern Shipbuilding Group
- 19.10. Elastec, Inc
- 19.11. Five Aluminium Boat & Engineering Pte Ltd
- 19.12. HamiltonJet
- 19.13. Inventech Marine Solutions
- 19.14. Kim Seah Boat Builders Pte, Ltd
- 19.15. Korea Shipbuilding & Offshore Engineering Co, Ltd
- 19.16. Mahasgar Boats
- 19.17. MetalCraft Marine Inc
- 19.18. Munson Boats
- 19.19. Samsung Heavy Industries Co, Ltd
- 19.20. Silver Ships, Inc
- 19.21. Wadia Boat Builders
- 19.22. Washburn & Doughty
- 19.23. Workskiff Inc
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ Mn) and Forecast by Region, 2017 to 2021
Table 02. Global Market Value (US$ Mn) and Forecast by Region, 2022 to 2032
Table 03. Global Market Volume (Units) and Forecast by Region, 2017 to 2021
Table 04. Global Market Volume (Units) and Forecast by Region, 2022 to 2032
Table 05. Global Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 06. Global Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 07. Global Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 08. Global Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 09. Global Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 10. Global Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 11. Global Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 12. Global Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 13. Global Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 14. Global Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 15. Global Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 16. Global Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 17. North America Market Value (US$ Mn) and Forecast by Country, 2017 to 2021
Table 18. North America Market Value (US$ Mn) and Forecast by Country, 2022 to 2032
Table 19. North America Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 20. North America Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 21. North America Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 22. North America Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 23. North America Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 24. North America Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 25. North America Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 26. North America Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 27. North America Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 28. North America Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 29. North America Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 30. North America Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 31. North America Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 32. North America Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 33. Latin America Market Value (US$ Mn) and Forecast by Country, 2017 to 2021
Table 34. Latin America Market Value (US$ Mn) and Forecast by Country, 2022 to 2032
Table 35. Latin America Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 36. Latin America Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 37. Latin America Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 38. Latin America Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 39. Latin America Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 40. Latin America Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 41. Latin America Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 42. Latin America Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 43. Latin America Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 44. Latin America Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 45. Latin America Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 46. Latin America Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 47. Latin America Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 48. Latin America Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 49. Europe Market Value (US$ Mn) and Forecast by Country, 2017 to 2021
Table 50. Europe Market Value (US$ Mn) and Forecast by Country, 2022 to 2032
Table 51. Europe Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 52. Europe Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 53. Europe Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 54. Europe Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 55. Europe Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 56. Europe Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 57. Europe Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 58. Europe Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 59. Europe Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 60. Europe Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 61. Europe Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 62. Europe Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 63. Europe Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 64. Europe Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 65. East Asia Market Value (US$ Mn) and Forecast by Country, 2017 to 2021
Table 66. East Asia Market Value (US$ Mn) and Forecast by Country, 2022 to 2032
Table 67. East Asia Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 68. East Asia Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 69. East Asia Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 70. East Asia Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 71. East Asia Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 72. East Asia Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 73. East Asia Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 74. East Asia Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 75. East Asia Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 76. East Asia Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 77. East Asia Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 78. East Asia Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 79. East Asia Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 80. East Asia Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 81. South Asia & Oceania Market Value (US$ Mn) and Forecast by Country, 2017 to 2021
Table 82. South Asia & Oceania Market Value (US$ Mn) and Forecast by Country, 2022 to 2032
Table 83. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 84. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 85. South Asia & Oceania Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 86. South Asia & Oceania Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 87. South Asia & Oceania Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 88. South Asia & Oceania Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 89. South Asia & Oceania Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 90. South Asia & Oceania Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 91. South Asia & Oceania Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 92. South Asia & Oceania Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 93. South Asia & Oceania Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 94. South Asia & Oceania Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 95. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 96. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 97. MEA Market Value (US$ Mn) and Forecast by Country, 2017 to 2021
Table 98. MEA Market Value (US$ Mn) and Forecast by Country, 2022 to 2032
Table 99. MEA Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 100. MEA Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 101. MEA Market Value (US$ Mn) and Forecast by Type, 2017 to 2021
Table 102. MEA Market Value (US$ Mn) and Forecast by Type, 2022 to 2032
Table 103. MEA Market Volume (Units) and Forecast by Type, 2017 to 2021
Table 104. MEA Market Volume (Units) and Forecast by Type, 2022 to 2032
Table 105. MEA Market Value (US$ Mn) and Forecast By Power Source, 2017 to 2021
Table 106. MEA Market Value (US$ Mn) and Forecast By Power Source, 2022 to 2032
Table 107. MEA Market Volume (Units) and Forecast By Power Source, 2017 to 2021
Table 108. MEA Market Volume (Units) and Forecast By Power Source, 2022 to 2032
Table 109. MEA Market Value (US$ Mn) and Forecast By Application, 2017 to 2021
Table 110. MEA Market Value (US$ Mn) and Forecast By Application, 2022 to 2032
Table 111. MEA Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 112. MEA Market Volume (Units) and Forecast By Application, 2022 to 2032
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List Of Figures
Figure 01. Global Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 02. Global Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 03. Global Market Value (US$ Mn) by Region, 2022 & 2032
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05. Global Market Value (US$ Mn) by Type, 2022 & 2032
Figure 06. Global Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 07. Global Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 08. Global Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 09. Global Market Value (US$ Mn) By Application, 2022 & 2032
Figure 10. Global Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 11. North America Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 12. North America Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 13. North America Market Value (US$ Mn) by Country, 2022 & 2032
Figure 14. North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 15. North America Market Value (US$ Mn) by Type, 2022 & 2032
Figure 16. North America Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 17. North America Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 18. North America Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 19. North America Market Value (US$ Mn) By Application, 2022 & 2032
Figure 20. North America Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 21. North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 22. North America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 23. North America Market Attractiveness Analysis By Power Source, 2022 to 2032
Figure 24. North America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 25. Latin America Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 26. Latin America Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 27. Latin America Market Value (US$ Mn) by Country, 2022 & 2032
Figure 28. Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 29. Latin America Market Value (US$ Mn) by Type, 2022 & 2032
Figure 30. Latin America Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 31. Latin America Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 32. Latin America Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 33. Latin America Market Value (US$ Mn) By Application, 2022 & 2032
Figure 34. Latin America Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 35. Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 36. Latin America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 37. Latin America Market Attractiveness Analysis By Power Source, 2022 to 2032
Figure 38. Latin America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 39. Europe Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 40. Europe Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 41. Europe Market Value (US$ Mn) by Country, 2022 & 2032
Figure 42. Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 43. Europe Market Value (US$ Mn) by Type, 2022 & 2032
Figure 44. Europe Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 45. Europe Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 46. Europe Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 47. Europe Market Value (US$ Mn) By Application, 2022 & 2032
Figure 48. Europe Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 49. Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 50. Europe Market Attractiveness Analysis by Type, 2022 to 2032
Figure 51. Europe Market Attractiveness Analysis By Power Source, 2022 to 2032
Figure 52. Europe Market Attractiveness Analysis By Application, 2022 to 2032
Figure 53. East Asia Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 54. East Asia Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 55. East Asia Market Value (US$ Mn) by Country, 2022 & 2032
Figure 56. East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57. East Asia Market Value (US$ Mn) by Type, 2022 & 2032
Figure 58. East Asia Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 59. East Asia Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 60. East Asia Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 61. East Asia Market Value (US$ Mn) By Application, 2022 & 2032
Figure 62. East Asia Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 63. East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 64. East Asia Market Attractiveness Analysis by Type, 2022 to 2032
Figure 65. East Asia Market Attractiveness Analysis By Power Source, 2022 to 2032
Figure 66. East Asia Market Attractiveness Analysis By Application, 2022 to 2032
Figure 67. South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 68. South Asia & Oceania Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 69. South Asia & Oceania Market Value (US$ Mn) by Country, 2022 & 2032
Figure 70. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 71. South Asia & Oceania Market Value (US$ Mn) by Type, 2022 & 2032
Figure 72. South Asia & Oceania Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 73. South Asia & Oceania Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 74. South Asia & Oceania Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 75. South Asia & Oceania Market Value (US$ Mn) By Application, 2022 & 2032
Figure 76. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 77. South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78. South Asia & Oceania Market Attractiveness Analysis by Type, 2022 to 2032
Figure 79. South Asia & Oceania Market Attractiveness Analysis By Power Source, 2022 to 2032
Figure 80. South Asia & Oceania Market Attractiveness Analysis By Application, 2022 to 2032
Figure 81. MEA Market Value (US$ Mn) and Volume (Units) Forecast, 2022 to 2032
Figure 82. MEA Market Absolute $ Opportunity (US$ Mn), 2022 to 2032
Figure 83. MEA Market Value (US$ Mn) by Country, 2022 & 2032
Figure 84. MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85. MEA Market Value (US$ Mn) by Type, 2022 & 2032
Figure 86. MEA Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 87. MEA Market Value (US$ Mn) By Power Source, 2022 & 2032
Figure 88. MEA Market Y-o-Y Growth Rate By Power Source, 2022 to 2032
Figure 89. MEA Market Value (US$ Mn) By Application, 2022 & 2032
Figure 90. MEA Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 91. MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 92. MEA Market Attractiveness Analysis by Type, 2022 to 2032
Figure 93. MEA Market Attractiveness Analysis By Power Source, 2022 to 2032
Figure 94. MEA Market Attractiveness Analysis By Application, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global industrial workboat market size?
Global value of the industrial workboats market is US$ 2.4 billion.
How is the global market expected to progress?
Worldwide demand for industrial workboats is set to top US$ 4.6 billion by 2032.
How did the market evolve historically?
Between 2017 and 2021, sales of industrial workboats increased at 1.2% CAGR.
Who are the prominent manufacturers of industrial workboats?
Key industrial workboat suppliers are Daewoo Shipbuilding & Marine Engineering Co Ltd, Damen Shipyards Group, Korea Shipbuilding & Offshore Engineering Co Ltd, and Samsung Heavy Industries Co Ltd.
Which regional market leads the race?
Europe accounts for 27.1% share of the global market.
Which power is most popular for industrial workboats?
Diesel industrial workboats account for 77% market share.
Industrial Workboats Market