Shipbuilding Anti-Vibration Market Size Worth $ 1,725.18 Million by 2032 | CAGR: 5.8%

Shipbuilding Anti-Vibration Market Size Worth $ 1,725.18 Million by 2032 | CAGR: 5.8%


The global shipbuilding anti-vibration market size is expected to reach USD 1,725.18 Million by 2032, according to a new study by Polaris Market Research. The report Shipbuilding Anti-Vibration Market Share, Size, Trends, Industry Analysis Report, By Product Type (Mounts, Bellows, Washers, Bearing Pads, and Others); By Function Type; By Application; By Material; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Due to the integration of multiple anti-vibration components in shipbuilding, the global market for shipbuilding anti-vibration products is anticipated to grow at a significant rate over the forecast period. A major driver of the demand for anti-vibration technologies in shipbuilding is the rising demand for comfortable ships. The market for passenger ships is anticipated to increase at a faster rate than the market for shipbuilding anti-vibration due to the expanding tourism sector and rising desire for opulent lifestyles.

 Sailing tourism is becoming more popular among consumers, and it is contributing significantly to the expansion of the Blue Economy in Europe and around the world. Sailing boats are a low-impact and more environmentally friendly way to explore coastal areas than driving around, taking a cruise, or taking a ferry to different islands. Due to the global pandemic, yacht ownership has decreased, but demand for such vacation goods has remained constant, changing the demographics of yachters to younger and less experienced customers who choose to charter boats over owning them and pushing the market for yachts. Also, boat chartering provides more flexibility for yearly exploration of other places, which supports the market expansion of shipbuilding anti-vibration systems.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/shipbuilding-anti-vibration-market/request-for-sample

COVID-19 had a negative impact on both the maritime industry and the global economy due to supply chain interruptions that affected demand. The pandemic led to a decline in maritime transportation and other marine activities, which adversely affected the shipbuilding anti-vibration technology market. International trade, tourism, and supply chains were disrupted on an unprecedented scale.

Despite the significant economic and sectoral disruptions caused by the pandemic, new opportunities emerged, particularly with the rise in e-commerce trade. As restrictions were lifted, government initiatives played a crucial role in aiding the recovery and growth of the shipbuilding sector.

Shipbuilding Anti-Vibration Market Report Highlights

  • In 2023, the HVAC vibration segment accounted for the largest market share. HVAC systems are critical components on ships, responsible for maintaining air quality, temperature control, and overall comfort for passengers and crew. These systems, however, generate significant vibrations and noise that can affect both structural integrity and operational efficiency of the vessel if not properly managed.
  • The Motorboats segment is expected to grow at the fastest CAGR during the forecast period. There is a rising demand for recreational boating and marine tourism, particularly in regions with extensive coastlines and favorable boating conditions.
  • In 2023, North America dominated the largest market. Currently, few of the large commercial shipyards in the country rely on the small domestic market. However, the shipbuilding market in the country is expected to witness growth in the coming years, due to the expanding energy sector and the LNG market.
  • Asia Pacific is expected to grow at the fastest CAGR in shipbuilding anti-vibration market. The region is experiencing growth in its shipbuilding industry, driven by countries like China, South Korea, and Japan, which are leading global shipbuilders. These nations are investing heavily in advanced shipbuilding technologies and expanding their production capacities to meet both domestic and international demand.
  • The global key market players are ANVIS, Farrat Isolevel, Trelleborg AB, Parker Hannifin Corp (Parker LORD), Getzner Werkstoffe, Vibrostop Srl, Angst + Pfister, GMT Rubber-Metal-Technic, Continental AG, Hutchinson Paulstr.

Polaris Market Research has segmented the shipbuilding anti-vibration market repair report based on product type, function type, application, material, and region.

Shipbuilding Anti-Vibration, Product Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Mounts
  • Bellows
  • Washers
  • Bearing Pads
  • Others

Shipbuilding Anti-Vibration, Function Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Engine Vibration
  • HVAC Vibration
  • Generators & Pumps
  • Others

Shipbuilding Anti-Vibration, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Fishing Boats
  • Motorboats
  • Tugs
  • Yachts
  • Sailboats
  • Cruise Ships
  • Container Ships
  • Others

Shipbuilding Anti-Vibration, Material Outlook (Revenue - USD Million, 2019 - 2032)

  • Elastomer
  • Plastic
  • Others

Shipbuilding Anti-Vibration, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Shipbuilding Anti-Vibration Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 1,096.15 million

Revenue forecast in 2032

USD 1,725.18 million

CAGR

5.8% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Product Type, By Function Type, By Application, By Material And By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

For Specific Research Requirements

Request for Customized Report