

Vessel refurbishment refers to the process of comprehensively repairing and upgrading a ship, involving structural repair, equipment renewal, interior remodeling, etc. It aims to enhance the safety performance of the ship, prolong its service life and improve the efficiency of navigation, and at the same time, it can be upgraded and remodeled in accordance with the latest norms and technologies to ensure the seaworthiness and competitiveness of the ship.
The global Vessel Refurbishment market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (publisher)' newest research report, the “Vessel Refurbishment Industry Forecast” looks at past sales and reviews total world Vessel Refurbishment sales in 2022, providing a comprehensive analysis by region and market sector of projected Vessel Refurbishment sales for 2023 through 2029. With Vessel Refurbishment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vessel Refurbishment industry.
This Insight Report provides a comprehensive analysis of the global Vessel Refurbishment 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 Vessel Refurbishment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vessel Refurbishment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vessel Refurbishment 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 Vessel Refurbishment.
United States market for Vessel Refurbishment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Vessel Refurbishment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Vessel Refurbishment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Vessel Refurbishment players cover Ram Multi Invest, VARD AS, SX Engineering, Penzance Dry Dock, MNM Strategic Partners (Pty) Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Vessel Refurbishment market by product type, application, key players and key regions and countries.
Segmentation by Type:
Interior Refurbishment
Control System Refurbishment
Others
Segmentation by Application:
Cargo Vessel
Passenger Vessel
Others
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
Segmentation by Type:
Interior Refurbishment
Control System Refurbishment
Others
Segmentation by Application:
Cargo Vessel
Passenger Vessel
Others
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.
Ram Multi Invest
VARD AS
SX Engineering
Penzance Dry Dock
MNM Strategic Partners (Pty) Ltd
RS Shipwrights
MHB
Drydocks World
Oil Marine
Navalis Group
Fincantieri
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Vessel Refurbishment Market Size 2019-2030
2.1.2 Vessel Refurbishment Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Vessel Refurbishment by Country/Region, 2019, 2023 & 2030
2.2 Vessel Refurbishment Segment by Type
2.2.1 Interior Refurbishment
2.2.2 Control System Refurbishment
2.2.3 Others
2.3 Vessel Refurbishment Market Size by Type
2.3.1 Vessel Refurbishment Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Vessel Refurbishment Market Size Market Share by Type (2019-2024)
2.4 Vessel Refurbishment Segment by Application
2.4.1 Cargo Vessel
2.4.2 Passenger Vessel
2.4.3 Others
2.5 Vessel Refurbishment Market Size by Application
2.5.1 Vessel Refurbishment Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Vessel Refurbishment Market Size Market Share by Application (2019-2024)
3 Vessel Refurbishment Market Size by Player
3.1 Vessel Refurbishment Market Size Market Share by Player
3.1.1 Global Vessel Refurbishment Revenue by Player (2019-2024)
3.1.2 Global Vessel Refurbishment Revenue Market Share by Player (2019-2024)
3.2 Global Vessel Refurbishment 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) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Vessel Refurbishment by Region
4.1 Vessel Refurbishment Market Size by Region (2019-2024)
4.2 Global Vessel Refurbishment Annual Revenue by Country/Region (2019-2024)
4.3 Americas Vessel Refurbishment Market Size Growth (2019-2024)
4.4 APAC Vessel Refurbishment Market Size Growth (2019-2024)
4.5 Europe Vessel Refurbishment Market Size Growth (2019-2024)
4.6 Middle East & Africa Vessel Refurbishment Market Size Growth (2019-2024)
5 Americas
5.1 Americas Vessel Refurbishment Market Size by Country (2019-2024)
5.2 Americas Vessel Refurbishment Market Size by Type (2019-2024)
5.3 Americas Vessel Refurbishment Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Vessel Refurbishment Market Size by Region (2019-2024)
6.2 APAC Vessel Refurbishment Market Size by Type (2019-2024)
6.3 APAC Vessel Refurbishment Market Size by Application (2019-2024)
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 Vessel Refurbishment Market Size by Country (2019-2024)
7.2 Europe Vessel Refurbishment Market Size by Type (2019-2024)
7.3 Europe Vessel Refurbishment Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Vessel Refurbishment by Region (2019-2024)
8.2 Middle East & Africa Vessel Refurbishment Market Size by Type (2019-2024)
8.3 Middle East & Africa Vessel Refurbishment Market Size by Application (2019-2024)
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 Vessel Refurbishment Market Forecast
10.1 Global Vessel Refurbishment Forecast by Region (2025-2030)
10.1.1 Global Vessel Refurbishment Forecast by Region (2025-2030)
10.1.2 Americas Vessel Refurbishment Forecast
10.1.3 APAC Vessel Refurbishment Forecast
10.1.4 Europe Vessel Refurbishment Forecast
10.1.5 Middle East & Africa Vessel Refurbishment Forecast
10.2 Americas Vessel Refurbishment Forecast by Country (2025-2030)
10.2.1 United States Market Vessel Refurbishment Forecast
10.2.2 Canada Market Vessel Refurbishment Forecast
10.2.3 Mexico Market Vessel Refurbishment Forecast
10.2.4 Brazil Market Vessel Refurbishment Forecast
10.3 APAC Vessel Refurbishment Forecast by Region (2025-2030)
10.3.1 China Vessel Refurbishment Market Forecast
10.3.2 Japan Market Vessel Refurbishment Forecast
10.3.3 Korea Market Vessel Refurbishment Forecast
10.3.4 Southeast Asia Market Vessel Refurbishment Forecast
10.3.5 India Market Vessel Refurbishment Forecast
10.3.6 Australia Market Vessel Refurbishment Forecast
10.4 Europe Vessel Refurbishment Forecast by Country (2025-2030)
10.4.1 Germany Market Vessel Refurbishment Forecast
10.4.2 France Market Vessel Refurbishment Forecast
10.4.3 UK Market Vessel Refurbishment Forecast
10.4.4 Italy Market Vessel Refurbishment Forecast
10.4.5 Russia Market Vessel Refurbishment Forecast
10.5 Middle East & Africa Vessel Refurbishment Forecast by Region (2025-2030)
10.5.1 Egypt Market Vessel Refurbishment Forecast
10.5.2 South Africa Market Vessel Refurbishment Forecast
10.5.3 Israel Market Vessel Refurbishment Forecast
10.5.4 Turkey Market Vessel Refurbishment Forecast
10.6 Global Vessel Refurbishment Forecast by Type (2025-2030)
10.7 Global Vessel Refurbishment Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Vessel Refurbishment Forecast
11 Key Players Analysis
11.1 Ram Multi Invest
11.1.1 Ram Multi Invest Company Information
11.1.2 Ram Multi Invest Vessel Refurbishment Product Offered
11.1.3 Ram Multi Invest Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Ram Multi Invest Main Business Overview
11.1.5 Ram Multi Invest Latest Developments
11.2 VARD AS
11.2.1 VARD AS Company Information
11.2.2 VARD AS Vessel Refurbishment Product Offered
11.2.3 VARD AS Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 VARD AS Main Business Overview
11.2.5 VARD AS Latest Developments
11.3 SX Engineering
11.3.1 SX Engineering Company Information
11.3.2 SX Engineering Vessel Refurbishment Product Offered
11.3.3 SX Engineering Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 SX Engineering Main Business Overview
11.3.5 SX Engineering Latest Developments
11.4 Penzance Dry Dock
11.4.1 Penzance Dry Dock Company Information
11.4.2 Penzance Dry Dock Vessel Refurbishment Product Offered
11.4.3 Penzance Dry Dock Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Penzance Dry Dock Main Business Overview
11.4.5 Penzance Dry Dock Latest Developments
11.5 MNM Strategic Partners (Pty) Ltd
11.5.1 MNM Strategic Partners (Pty) Ltd Company Information
11.5.2 MNM Strategic Partners (Pty) Ltd Vessel Refurbishment Product Offered
11.5.3 MNM Strategic Partners (Pty) Ltd Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 MNM Strategic Partners (Pty) Ltd Main Business Overview
11.5.5 MNM Strategic Partners (Pty) Ltd Latest Developments
11.6 RS Shipwrights
11.6.1 RS Shipwrights Company Information
11.6.2 RS Shipwrights Vessel Refurbishment Product Offered
11.6.3 RS Shipwrights Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 RS Shipwrights Main Business Overview
11.6.5 RS Shipwrights Latest Developments
11.7 MHB
11.7.1 MHB Company Information
11.7.2 MHB Vessel Refurbishment Product Offered
11.7.3 MHB Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 MHB Main Business Overview
11.7.5 MHB Latest Developments
11.8 Drydocks World
11.8.1 Drydocks World Company Information
11.8.2 Drydocks World Vessel Refurbishment Product Offered
11.8.3 Drydocks World Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Drydocks World Main Business Overview
11.8.5 Drydocks World Latest Developments
11.9 Oil Marine
11.9.1 Oil Marine Company Information
11.9.2 Oil Marine Vessel Refurbishment Product Offered
11.9.3 Oil Marine Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Oil Marine Main Business Overview
11.9.5 Oil Marine Latest Developments
11.10 Navalis Group
11.10.1 Navalis Group Company Information
11.10.2 Navalis Group Vessel Refurbishment Product Offered
11.10.3 Navalis Group Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Navalis Group Main Business Overview
11.10.5 Navalis Group Latest Developments
11.11 Fincantieri
11.11.1 Fincantieri Company Information
11.11.2 Fincantieri Vessel Refurbishment Product Offered
11.11.3 Fincantieri Vessel Refurbishment Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Fincantieri Main Business Overview
11.11.5 Fincantieri Latest Developments
12 Research Findings and Conclusion
*If Applicable.