Global Ship Modernization Service Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI08257173

Publication Date:

August 11, 2025

Pages:

134

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

According to this study, the global Ship Modernization Service market size will reach US$ 978 million by 2031.
Ship modernization service refers to the optimization and upgrading of the entire life cycle of ship design, construction, operation, maintenance, etc. by using modern information technology, automation technology, new material technology, etc., so as to improve the safety, reliability, economy and environmental protection of ships and meet the shipping market's demand for efficient, intelligent and green shipping. Its core lies in promoting the development of the shipping industry towards high-end, intelligent and green directions through technological innovation and service model innovation.
United States market for Ship Modernization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Ship Modernization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Ship Modernization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Ship Modernization Service players cover Vigor Marine, Serco, RENK, Swiftships, Prism Maritime LLC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淪hip Modernization Service Industry Forecast鈥� looks at past sales and reviews total world Ship Modernization Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Ship Modernization Service sales for 2025 through 2031. With Ship Modernization Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ship Modernization Service industry.
This Insight Report provides a comprehensive analysis of the global Ship Modernization Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Ship Modernization Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Ship Modernization Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ship Modernization Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ship Modernization Service.
This report presents a comprehensive overview, market shares, and growth opportunities of Ship Modernization Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Intelligent service
Automated service
Information service
Others
Segmentation by Application:
Civilian Ships
Commercial Ships
Military Ships
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Vigor Marine
Serco
RENK
Swiftships
Prism Maritime LLC
BAE Systems
Ocean Shipyard
T茅cnico Corporation
PGZ Stocznia Wojenna
L3Harris
ABB
GBS Group
Sitemar
Epsilon Systems Solutions
Marisco
Ohana Marines Services
Pacific Shipyards International
Regal Service Co

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Ship Modernization Service Market Size (2020-2031)
2.1.2 Ship Modernization Service Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Ship Modernization Service by Country/Region (2020, 2024 & 2031)
2.2 Ship Modernization Service Segment by Type
2.2.1 Intelligent service
2.2.2 Automated service
2.2.3 Information service
2.2.4 Others
2.3 Ship Modernization Service Market Size by Type
2.3.1 Ship Modernization Service Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Ship Modernization Service Market Size Market Share by Type (2020-2025)
2.4 Ship Modernization Service Segment by Application
2.4.1 Civilian Ships
2.4.2 Commercial Ships
2.4.3 Military Ships
2.5 Ship Modernization Service Market Size by Application
2.5.1 Ship Modernization Service Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Ship Modernization Service Market Size Market Share by Application (2020-2025)
3 Ship Modernization Service Market Size by Player
3.1 Ship Modernization Service Market Size Market Share by Player
3.1.1 Global Ship Modernization Service Revenue by Player (2020-2025)
3.1.2 Global Ship Modernization Service Revenue Market Share by Player (2020-2025)
3.2 Global Ship Modernization Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Ship Modernization Service by Region
4.1 Ship Modernization Service Market Size by Region (2020-2025)
4.2 Global Ship Modernization Service Annual Revenue by Country/Region (2020-2025)
4.3 Americas Ship Modernization Service Market Size Growth (2020-2025)
4.4 APAC Ship Modernization Service Market Size Growth (2020-2025)
4.5 Europe Ship Modernization Service Market Size Growth (2020-2025)
4.6 Middle East & Africa Ship Modernization Service Market Size Growth (2020-2025)
5 Americas
5.1 Americas Ship Modernization Service Market Size by Country (2020-2025)
5.2 Americas Ship Modernization Service Market Size by Type (2020-2025)
5.3 Americas Ship Modernization Service Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Ship Modernization Service Market Size by Region (2020-2025)
6.2 APAC Ship Modernization Service Market Size by Type (2020-2025)
6.3 APAC Ship Modernization Service Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Ship Modernization Service Market Size by Country (2020-2025)
7.2 Europe Ship Modernization Service Market Size by Type (2020-2025)
7.3 Europe Ship Modernization Service Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Ship Modernization Service by Region (2020-2025)
8.2 Middle East & Africa Ship Modernization Service Market Size by Type (2020-2025)
8.3 Middle East & Africa Ship Modernization Service Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Ship Modernization Service Market Forecast
10.1 Global Ship Modernization Service Forecast by Region (2026-2031)
10.1.1 Global Ship Modernization Service Forecast by Region (2026-2031)
10.1.2 Americas Ship Modernization Service Forecast
10.1.3 APAC Ship Modernization Service Forecast
10.1.4 Europe Ship Modernization Service Forecast
10.1.5 Middle East & Africa Ship Modernization Service Forecast
10.2 Americas Ship Modernization Service Forecast by Country (2026-2031)
10.2.1 United States Market Ship Modernization Service Forecast
10.2.2 Canada Market Ship Modernization Service Forecast
10.2.3 Mexico Market Ship Modernization Service Forecast
10.2.4 Brazil Market Ship Modernization Service Forecast
10.3 APAC Ship Modernization Service Forecast by Region (2026-2031)
10.3.1 China Ship Modernization Service Market Forecast
10.3.2 Japan Market Ship Modernization Service Forecast
10.3.3 Korea Market Ship Modernization Service Forecast
10.3.4 Southeast Asia Market Ship Modernization Service Forecast
10.3.5 India Market Ship Modernization Service Forecast
10.3.6 Australia Market Ship Modernization Service Forecast
10.4 Europe Ship Modernization Service Forecast by Country (2026-2031)
10.4.1 Germany Market Ship Modernization Service Forecast
10.4.2 France Market Ship Modernization Service Forecast
10.4.3 UK Market Ship Modernization Service Forecast
10.4.4 Italy Market Ship Modernization Service Forecast
10.4.5 Russia Market Ship Modernization Service Forecast
10.5 Middle East & Africa Ship Modernization Service Forecast by Region (2026-2031)
10.5.1 Egypt Market Ship Modernization Service Forecast
10.5.2 South Africa Market Ship Modernization Service Forecast
10.5.3 Israel Market Ship Modernization Service Forecast
10.5.4 Turkey Market Ship Modernization Service Forecast
10.6 Global Ship Modernization Service Forecast by Type (2026-2031)
10.7 Global Ship Modernization Service Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Ship Modernization Service Forecast
11 Key Players Analysis
11.1 Vigor Marine
11.1.1 Vigor Marine Company Information
11.1.2 Vigor Marine Ship Modernization Service Product Offered
11.1.3 Vigor Marine Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Vigor Marine Main Business Overview
11.1.5 Vigor Marine Latest Developments
11.2 Serco
11.2.1 Serco Company Information
11.2.2 Serco Ship Modernization Service Product Offered
11.2.3 Serco Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Serco Main Business Overview
11.2.5 Serco Latest Developments
11.3 RENK
11.3.1 RENK Company Information
11.3.2 RENK Ship Modernization Service Product Offered
11.3.3 RENK Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 RENK Main Business Overview
11.3.5 RENK Latest Developments
11.4 Swiftships
11.4.1 Swiftships Company Information
11.4.2 Swiftships Ship Modernization Service Product Offered
11.4.3 Swiftships Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Swiftships Main Business Overview
11.4.5 Swiftships Latest Developments
11.5 Prism Maritime LLC
11.5.1 Prism Maritime LLC Company Information
11.5.2 Prism Maritime LLC Ship Modernization Service Product Offered
11.5.3 Prism Maritime LLC Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Prism Maritime LLC Main Business Overview
11.5.5 Prism Maritime LLC Latest Developments
11.6 BAE Systems
11.6.1 BAE Systems Company Information
11.6.2 BAE Systems Ship Modernization Service Product Offered
11.6.3 BAE Systems Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 BAE Systems Main Business Overview
11.6.5 BAE Systems Latest Developments
11.7 Ocean Shipyard
11.7.1 Ocean Shipyard Company Information
11.7.2 Ocean Shipyard Ship Modernization Service Product Offered
11.7.3 Ocean Shipyard Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Ocean Shipyard Main Business Overview
11.7.5 Ocean Shipyard Latest Developments
11.8 T茅cnico Corporation
11.8.1 T茅cnico Corporation Company Information
11.8.2 T茅cnico Corporation Ship Modernization Service Product Offered
11.8.3 T茅cnico Corporation Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 T茅cnico Corporation Main Business Overview
11.8.5 T茅cnico Corporation Latest Developments
11.9 PGZ Stocznia Wojenna
11.9.1 PGZ Stocznia Wojenna Company Information
11.9.2 PGZ Stocznia Wojenna Ship Modernization Service Product Offered
11.9.3 PGZ Stocznia Wojenna Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 PGZ Stocznia Wojenna Main Business Overview
11.9.5 PGZ Stocznia Wojenna Latest Developments
11.10 L3Harris
11.10.1 L3Harris Company Information
11.10.2 L3Harris Ship Modernization Service Product Offered
11.10.3 L3Harris Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 L3Harris Main Business Overview
11.10.5 L3Harris Latest Developments
11.11 ABB
11.11.1 ABB Company Information
11.11.2 ABB Ship Modernization Service Product Offered
11.11.3 ABB Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 ABB Main Business Overview
11.11.5 ABB Latest Developments
11.12 GBS Group
11.12.1 GBS Group Company Information
11.12.2 GBS Group Ship Modernization Service Product Offered
11.12.3 GBS Group Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 GBS Group Main Business Overview
11.12.5 GBS Group Latest Developments
11.13 Sitemar
11.13.1 Sitemar Company Information
11.13.2 Sitemar Ship Modernization Service Product Offered
11.13.3 Sitemar Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Sitemar Main Business Overview
11.13.5 Sitemar Latest Developments
11.14 Epsilon Systems Solutions
11.14.1 Epsilon Systems Solutions Company Information
11.14.2 Epsilon Systems Solutions Ship Modernization Service Product Offered
11.14.3 Epsilon Systems Solutions Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Epsilon Systems Solutions Main Business Overview
11.14.5 Epsilon Systems Solutions Latest Developments
11.15 Marisco
11.15.1 Marisco Company Information
11.15.2 Marisco Ship Modernization Service Product Offered
11.15.3 Marisco Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Marisco Main Business Overview
11.15.5 Marisco Latest Developments
11.16 Ohana Marines Services
11.16.1 Ohana Marines Services Company Information
11.16.2 Ohana Marines Services Ship Modernization Service Product Offered
11.16.3 Ohana Marines Services Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Ohana Marines Services Main Business Overview
11.16.5 Ohana Marines Services Latest Developments
11.17 Pacific Shipyards International
11.17.1 Pacific Shipyards International Company Information
11.17.2 Pacific Shipyards International Ship Modernization Service Product Offered
11.17.3 Pacific Shipyards International Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Pacific Shipyards International Main Business Overview
11.17.5 Pacific Shipyards International Latest Developments
11.18 Regal Service Co
11.18.1 Regal Service Co Company Information
11.18.2 Regal Service Co Ship Modernization Service Product Offered
11.18.3 Regal Service Co Ship Modernization Service Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Regal Service Co Main Business Overview
11.18.5 Regal Service Co Latest Developments
12 Research Findings and Conclusion

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