Marine Interiors Market Overview Company Strategy Analysis, –2027
Global Marine Interiors Market Report, by Product (Ceilings & Wall Panels, Lighting, Galleys & Pantries, Furniture and others), Application (Passenger Area, Public Area, Crew Area and Utility Area), Ship Type (Commercial and Defense) and Region - Forecast till 2027
Market Forecast
Global Marine Interiors Market is projected to reach USD 4.65 Billion and register a CAGR of 11.2% from 2020 to 2026. The developed seaborne trade and the maritime tourism industry globally is driving the growth of the market. Furthermore, growth in the refurbishment market is fueling the growth of the Marine Interiors Market
Market USP
An increase in the demand for passenger ships with advanced interiors
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Growth Opportunities in the Market
Ceilings & wall panels segment expected to register high growth: The ceilings & wall panels segment accounted for the largest market share in 2019 and is expected to exhibit a high CAGR during the review period. The ceilings & wall panels are the vital components of the ship interiors. Moreover, with the development of lightweight and easy to install panels, the growth of this segment is expected boost in the review period.
Passenger area segment expected to register a high growth rate: The passenger area segment accounted for the largest market share in 2019 and is expected to exhibit a high CAGR during the review period. The increasing demand for passenger ships with advanced interiors for maritime tourism is driving the growth of the segment. The public area segment is expected to register the highest CAGR during the forecast period.
Commercial ship segment expected to register the higher growth rate: The commercial ship segment is expected to exhibit a high CAGR during the review period. Increasing investments in the development of advanced passenger vessels and increasing demand for cargo vessels are expected to boost the demand for advanced interiors
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Key Players
- ALMACO Group (Finland)
- Aros Marine (Lithuania)
- Bolidt Systems (Netherlands)
- Forbo Flooring Systems (Netherlands)
- Kaefer GmbH (Germany)
- Marine Interiors Spa (Italy)
- Mivan Marine Ltd (UK)
- NORAC AS (Norway)
- R&M Group (Germany)
- Trimline Ltd (UK)
Other Prominent Players
- Elation Lighting Inc. (US)
- Oy Lautex AB (Finland)
- Oy NIT Naval Interior Team Ltd (Finland)
- Precetti Inc. (US)
- Raymond Langton Design (UK)
- Tillberg Design AB (Sweden)
Table Of Contents
- Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Marine Interiors Market, By Product
1.1.2. Global Marine Interiors Market, By Application
1.1.3. Global Marine Interiors Market, By Ship Type
1.1.4. Global Marine Interiors Market, By Region
- Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
- Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
- Market Insights
- Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Increase In Seaborne Trade Globally
5.2.2. Growing Maritime Tourism Industry
5.2.3. Growth In Refurbishment Market
5.2.4. Drivers Impact Analysis
5.3. Restraint
5.3.1. High Downtime In Retrofitting Ships
5.4. Opportunities
5.4.1. Adoption Of Additive Manufacturing To Produce Marine Interiors
5.5. Market/Technological Trends
5.6. Patent Trends
5.7. Regulatory Landscape/Standards
- Market Factor Analysis
6.1. Value Chain/Supply Chain Analysis
6.1.1. R&D
6.1.2. Manufacturing
6.1.3. Distribution & Sales
6.1.4. Post-Sales Monitoring
6.2. Porter’s Five Forces Analysis
6.2.1. Threat Of New Entrants
6.2.2. Bargaining Power Of Buyers
6.2.3. Threat Of Substitutes
6.2.4. Segment Rivalry
6.2.5. Bargaining Power Of Supplies
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