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Shipyard Trailer Market Trends

Report ID: GMI7936 Published Date: January 2024Report Format: PDF
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Shipyard Trailer Market Trends

The shipyard trailer industry is undergoing transformative trends fueled by the emergence of eco-friendly vessels and advanced technologies. The growing emphasis on environmental sustainability in maritime operations has spurred the development of green vessels. This trend is reshaping the demand for specialized trailers that complement these eco-friendly ships. Innovations in trailer functionalities, including increased efficiency and adaptability, are responding to the evolving landscape of environmentally conscious maritime practices. The market is thus witnessing a positive shift, aligning with the demand for trailers that support and enhance the capabilities of new environmentally friendly vessels.

Following this, in April 2021, the maiden voyage of the environmentally sustainable hybrid ro-ro vessel Finneco I marked a successful launch at Nanjing Jinling Shipyard. Scheduled to commence operations under the Finnish flag, this development held immense significance for Finnish maritime personnel and the nation's supply security.

Part of Finnlines' ambitious EUR 0.5 billion Green Newbuilding Programme, the 238-meter-long vessel with a cargo capacity of 5,800 lane meters and enhanced capabilities represented a 38% increase in cargo capacity compared to the company's largest ro-ro, the Breeze series vessel. As a result, each of the newly acquired vessels could transport approximately 300 trailers, 150 cars, and 500 sea containers during each sailing.

Author: Preeti Wadhwani,
Frequently Asked Question(FAQ) :

Which companies define the competitive landscape of shipyard trailer market?+

ABI Trailers, Anster, Brownell Boat Transport, Cometto, GH Cranes & Components, Hostar Marine Transport Systems, Inc, Kropf Industrial (Conolift), Marina Planet, Marine Travelift, Mecanorem Remorques are some of the major industry contenders.

What factors are pushing the growth of Asia Pacific shipyard trailer industry?+

Asia Pacific market accounted for 34% revenue share in 2023, fueled by the rapid growth in maritime infrastructure and shipbuilding activities.

Why is the demand for shipyard trailer from commercial segment expanding?+

The commercial segment held a market share of around 66% in 2023, as industries like maritime logistics, shipbuilding, and port operations rely heavily on specialized trailers for transporting vessels and heavy equipment within shipyards.

How big is shipyard trailer market?+

The market size of shipyard trailer reached USD 1 billion in 2023 and is set to observe 5% CAGR between 2024 and 2032, due to the increasing replacement of aging shipyards and vessels with modern counterparts.

Shipyard Trailer Market Scope

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