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Global Vessel Retrofit Market Research Report 2025
Published Date: January 2025
|
Report Code: QYRE-Auto-24I18572
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Global Vessel Retrofit Market Research Report 2025
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Global Vessel Retrofit Market Research Report 2025

Code: QYRE-Auto-24I18572
Report
January 2025
Pages:79
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Vessel Retrofit Market Size

The global market for Vessel Retrofit was valued at US$ 5268 million in the year 2024 and is projected to reach a revised size of US$ 6980 million by 2031, growing at a CAGR of 4.1% during the forecast period.

Vessel Retrofit Market

Vessel Retrofit Market

Ship retrofitting is the process of upgrading or modifying an existing vessel with new technology, equipment or systems to improve fuel efficiency, reduce emissions, increase performance or comply with changing environmental regulations.
North American market for Vessel Retrofit is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Vessel Retrofit is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Vessel Retrofit in Commercial Cargo Ships is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Vessel Retrofit include MITSUBISHI HEAVY INDUSTRIES, LTD., ALFA LAVAL, Kongsberg Maritime, MAN Energy Solutions, ABB Group, Wärtsilä, HD Hyundai Marine Solutions Co., Ltd., YANMAR HOLDINGS Co., Ltd, DNV, Seatrium, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Vessel Retrofit, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Retrofit.
The Vessel Retrofit market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Vessel Retrofit market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vessel Retrofit companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Vessel Retrofit Market Report

Report Metric Details
Report Name Vessel Retrofit Market
Accounted market size in year US$ 5268 million
Forecasted market size in 2031 US$ 6980 million
CAGR 4.1%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company MITSUBISHI HEAVY INDUSTRIES, LTD., ALFA LAVAL, Kongsberg Maritime, MAN Energy Solutions, ABB Group, Wärtsilä, HD Hyundai Marine Solutions Co., Ltd., YANMAR HOLDINGS Co., Ltd, DNV, Seatrium
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Vessel Retrofit company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Vessel Retrofit Market growing?

Ans: The Vessel Retrofit Market witnessing a CAGR of 4.1% during the forecast period 2025-2031.

What is the Vessel Retrofit Market size in 2031?

Ans: The Vessel Retrofit Market size in 2031 will be US$ 6980 million.

Who are the main players in the Vessel Retrofit Market report?

Ans: The main players in the Vessel Retrofit Market are MITSUBISHI HEAVY INDUSTRIES, LTD., ALFA LAVAL, Kongsberg Maritime, MAN Energy Solutions, ABB Group, Wärtsilä, HD Hyundai Marine Solutions Co., Ltd., YANMAR HOLDINGS Co., Ltd, DNV, Seatrium

What are the Application segmentation covered in the Vessel Retrofit Market report?

Ans: The Applications covered in the Vessel Retrofit Market report are Commercial Cargo Ships, Passenger Ships, Specialized Vessels

What are the Type segmentation covered in the Vessel Retrofit Market report?

Ans: The Types covered in the Vessel Retrofit Market report are Alternative Fuel Retrofits, Energy Efficiency Retrofits, Emission Control Retrofits, Other

Recommended Reports

Vessel Types & Upgrades

Retrofit & Efficiency

Shipping & Logistics

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Vessel Retrofit Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Alternative Fuel Retrofits
1.2.3 Energy Efficiency Retrofits
1.2.4 Emission Control Retrofits
1.2.5 Other
1.3 Market by Application
1.3.1 Global Vessel Retrofit Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Commercial Cargo Ships
1.3.3 Passenger Ships
1.3.4 Specialized Vessels
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Vessel Retrofit Market Perspective (2020-2031)
2.2 Global Vessel Retrofit Growth Trends by Region
2.2.1 Global Vessel Retrofit Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Vessel Retrofit Historic Market Size by Region (2020-2025)
2.2.3 Vessel Retrofit Forecasted Market Size by Region (2026-2031)
2.3 Vessel Retrofit Market Dynamics
2.3.1 Vessel Retrofit Industry Trends
2.3.2 Vessel Retrofit Market Drivers
2.3.3 Vessel Retrofit Market Challenges
2.3.4 Vessel Retrofit Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Vessel Retrofit Players by Revenue
3.1.1 Global Top Vessel Retrofit Players by Revenue (2020-2025)
3.1.2 Global Vessel Retrofit Revenue Market Share by Players (2020-2025)
3.2 Global Vessel Retrofit Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Vessel Retrofit Revenue
3.4 Global Vessel Retrofit Market Concentration Ratio
3.4.1 Global Vessel Retrofit Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Vessel Retrofit Revenue in 2024
3.5 Global Key Players of Vessel Retrofit Head office and Area Served
3.6 Global Key Players of Vessel Retrofit, Product and Application
3.7 Global Key Players of Vessel Retrofit, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Vessel Retrofit Breakdown Data by Type
4.1 Global Vessel Retrofit Historic Market Size by Type (2020-2025)
4.2 Global Vessel Retrofit Forecasted Market Size by Type (2026-2031)
5 Vessel Retrofit Breakdown Data by Application
5.1 Global Vessel Retrofit Historic Market Size by Application (2020-2025)
5.2 Global Vessel Retrofit Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Vessel Retrofit Market Size (2020-2031)
6.2 North America Vessel Retrofit Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Vessel Retrofit Market Size by Country (2020-2025)
6.4 North America Vessel Retrofit Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Vessel Retrofit Market Size (2020-2031)
7.2 Europe Vessel Retrofit Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Vessel Retrofit Market Size by Country (2020-2025)
7.4 Europe Vessel Retrofit Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Vessel Retrofit Market Size (2020-2031)
8.2 Asia-Pacific Vessel Retrofit Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Vessel Retrofit Market Size by Region (2020-2025)
8.4 Asia-Pacific Vessel Retrofit Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Vessel Retrofit Market Size (2020-2031)
9.2 Latin America Vessel Retrofit Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Vessel Retrofit Market Size by Country (2020-2025)
9.4 Latin America Vessel Retrofit Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Vessel Retrofit Market Size (2020-2031)
10.2 Middle East & Africa Vessel Retrofit Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Vessel Retrofit Market Size by Country (2020-2025)
10.4 Middle East & Africa Vessel Retrofit Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 MITSUBISHI HEAVY INDUSTRIES, LTD.
11.1.1 MITSUBISHI HEAVY INDUSTRIES, LTD. Company Details
11.1.2 MITSUBISHI HEAVY INDUSTRIES, LTD. Business Overview
11.1.3 MITSUBISHI HEAVY INDUSTRIES, LTD. Vessel Retrofit Introduction
11.1.4 MITSUBISHI HEAVY INDUSTRIES, LTD. Revenue in Vessel Retrofit Business (2020-2025)
11.1.5 MITSUBISHI HEAVY INDUSTRIES, LTD. Recent Development
11.2 ALFA LAVAL
11.2.1 ALFA LAVAL Company Details
11.2.2 ALFA LAVAL Business Overview
11.2.3 ALFA LAVAL Vessel Retrofit Introduction
11.2.4 ALFA LAVAL Revenue in Vessel Retrofit Business (2020-2025)
11.2.5 ALFA LAVAL Recent Development
11.3 Kongsberg Maritime
11.3.1 Kongsberg Maritime Company Details
11.3.2 Kongsberg Maritime Business Overview
11.3.3 Kongsberg Maritime Vessel Retrofit Introduction
11.3.4 Kongsberg Maritime Revenue in Vessel Retrofit Business (2020-2025)
11.3.5 Kongsberg Maritime Recent Development
11.4 MAN Energy Solutions
11.4.1 MAN Energy Solutions Company Details
11.4.2 MAN Energy Solutions Business Overview
11.4.3 MAN Energy Solutions Vessel Retrofit Introduction
11.4.4 MAN Energy Solutions Revenue in Vessel Retrofit Business (2020-2025)
11.4.5 MAN Energy Solutions Recent Development
11.5 ABB Group
11.5.1 ABB Group Company Details
11.5.2 ABB Group Business Overview
11.5.3 ABB Group Vessel Retrofit Introduction
11.5.4 ABB Group Revenue in Vessel Retrofit Business (2020-2025)
11.5.5 ABB Group Recent Development
11.6 Wärtsilä
11.6.1 Wärtsilä Company Details
11.6.2 Wärtsilä Business Overview
11.6.3 Wärtsilä Vessel Retrofit Introduction
11.6.4 Wärtsilä Revenue in Vessel Retrofit Business (2020-2025)
11.6.5 Wärtsilä Recent Development
11.7 HD Hyundai Marine Solutions Co., Ltd.
11.7.1 HD Hyundai Marine Solutions Co., Ltd. Company Details
11.7.2 HD Hyundai Marine Solutions Co., Ltd. Business Overview
11.7.3 HD Hyundai Marine Solutions Co., Ltd. Vessel Retrofit Introduction
11.7.4 HD Hyundai Marine Solutions Co., Ltd. Revenue in Vessel Retrofit Business (2020-2025)
11.7.5 HD Hyundai Marine Solutions Co., Ltd. Recent Development
11.8 YANMAR HOLDINGS Co., Ltd
11.8.1 YANMAR HOLDINGS Co., Ltd Company Details
11.8.2 YANMAR HOLDINGS Co., Ltd Business Overview
11.8.3 YANMAR HOLDINGS Co., Ltd Vessel Retrofit Introduction
11.8.4 YANMAR HOLDINGS Co., Ltd Revenue in Vessel Retrofit Business (2020-2025)
11.8.5 YANMAR HOLDINGS Co., Ltd Recent Development
11.9 DNV
11.9.1 DNV Company Details
11.9.2 DNV Business Overview
11.9.3 DNV Vessel Retrofit Introduction
11.9.4 DNV Revenue in Vessel Retrofit Business (2020-2025)
11.9.5 DNV Recent Development
11.10 Seatrium
11.10.1 Seatrium Company Details
11.10.2 Seatrium Business Overview
11.10.3 Seatrium Vessel Retrofit Introduction
11.10.4 Seatrium Revenue in Vessel Retrofit Business (2020-2025)
11.10.5 Seatrium Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global Vessel Retrofit Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Alternative Fuel Retrofits
 Table 3. Key Players of Energy Efficiency Retrofits
 Table 4. Key Players of Emission Control Retrofits
 Table 5. Key Players of Other
 Table 6. Global Vessel Retrofit Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Vessel Retrofit Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 8. Global Vessel Retrofit Market Size by Region (2020-2025) & (US$ Million)
 Table 9. Global Vessel Retrofit Market Share by Region (2020-2025)
 Table 10. Global Vessel Retrofit Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 11. Global Vessel Retrofit Market Share by Region (2026-2031)
 Table 12. Vessel Retrofit Market Trends
 Table 13. Vessel Retrofit Market Drivers
 Table 14. Vessel Retrofit Market Challenges
 Table 15. Vessel Retrofit Market Restraints
 Table 16. Global Vessel Retrofit Revenue by Players (2020-2025) & (US$ Million)
 Table 17. Global Vessel Retrofit Market Share by Players (2020-2025)
 Table 18. Global Top Vessel Retrofit Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vessel Retrofit as of 2024)
 Table 19. Ranking of Global Top Vessel Retrofit Companies by Revenue (US$ Million) in 2024
 Table 20. Global 5 Largest Players Market Share by Vessel Retrofit Revenue (CR5 and HHI) & (2020-2025)
 Table 21. Global Key Players of Vessel Retrofit, Headquarters and Area Served
 Table 22. Global Key Players of Vessel Retrofit, Product and Application
 Table 23. Global Key Players of Vessel Retrofit, Date of Enter into This Industry
 Table 24. Mergers & Acquisitions, Expansion Plans
 Table 25. Global Vessel Retrofit Market Size by Type (2020-2025) & (US$ Million)
 Table 26. Global Vessel Retrofit Revenue Market Share by Type (2020-2025)
 Table 27. Global Vessel Retrofit Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 28. Global Vessel Retrofit Revenue Market Share by Type (2026-2031)
 Table 29. Global Vessel Retrofit Market Size by Application (2020-2025) & (US$ Million)
 Table 30. Global Vessel Retrofit Revenue Market Share by Application (2020-2025)
 Table 31. Global Vessel Retrofit Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 32. Global Vessel Retrofit Revenue Market Share by Application (2026-2031)
 Table 33. North America Vessel Retrofit Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 34. North America Vessel Retrofit Market Size by Country (2020-2025) & (US$ Million)
 Table 35. North America Vessel Retrofit Market Size by Country (2026-2031) & (US$ Million)
 Table 36. Europe Vessel Retrofit Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 37. Europe Vessel Retrofit Market Size by Country (2020-2025) & (US$ Million)
 Table 38. Europe Vessel Retrofit Market Size by Country (2026-2031) & (US$ Million)
 Table 39. Asia-Pacific Vessel Retrofit Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 40. Asia-Pacific Vessel Retrofit Market Size by Region (2020-2025) & (US$ Million)
 Table 41. Asia-Pacific Vessel Retrofit Market Size by Region (2026-2031) & (US$ Million)
 Table 42. Latin America Vessel Retrofit Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 43. Latin America Vessel Retrofit Market Size by Country (2020-2025) & (US$ Million)
 Table 44. Latin America Vessel Retrofit Market Size by Country (2026-2031) & (US$ Million)
 Table 45. Middle East & Africa Vessel Retrofit Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 46. Middle East & Africa Vessel Retrofit Market Size by Country (2020-2025) & (US$ Million)
 Table 47. Middle East & Africa Vessel Retrofit Market Size by Country (2026-2031) & (US$ Million)
 Table 48. MITSUBISHI HEAVY INDUSTRIES, LTD. Company Details
 Table 49. MITSUBISHI HEAVY INDUSTRIES, LTD. Business Overview
 Table 50. MITSUBISHI HEAVY INDUSTRIES, LTD. Vessel Retrofit Product
 Table 51. MITSUBISHI HEAVY INDUSTRIES, LTD. Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 52. MITSUBISHI HEAVY INDUSTRIES, LTD. Recent Development
 Table 53. ALFA LAVAL Company Details
 Table 54. ALFA LAVAL Business Overview
 Table 55. ALFA LAVAL Vessel Retrofit Product
 Table 56. ALFA LAVAL Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 57. ALFA LAVAL Recent Development
 Table 58. Kongsberg Maritime Company Details
 Table 59. Kongsberg Maritime Business Overview
 Table 60. Kongsberg Maritime Vessel Retrofit Product
 Table 61. Kongsberg Maritime Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 62. Kongsberg Maritime Recent Development
 Table 63. MAN Energy Solutions Company Details
 Table 64. MAN Energy Solutions Business Overview
 Table 65. MAN Energy Solutions Vessel Retrofit Product
 Table 66. MAN Energy Solutions Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 67. MAN Energy Solutions Recent Development
 Table 68. ABB Group Company Details
 Table 69. ABB Group Business Overview
 Table 70. ABB Group Vessel Retrofit Product
 Table 71. ABB Group Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 72. ABB Group Recent Development
 Table 73. Wärtsilä Company Details
 Table 74. Wärtsilä Business Overview
 Table 75. Wärtsilä Vessel Retrofit Product
 Table 76. Wärtsilä Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 77. Wärtsilä Recent Development
 Table 78. HD Hyundai Marine Solutions Co., Ltd. Company Details
 Table 79. HD Hyundai Marine Solutions Co., Ltd. Business Overview
 Table 80. HD Hyundai Marine Solutions Co., Ltd. Vessel Retrofit Product
 Table 81. HD Hyundai Marine Solutions Co., Ltd. Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 82. HD Hyundai Marine Solutions Co., Ltd. Recent Development
 Table 83. YANMAR HOLDINGS Co., Ltd Company Details
 Table 84. YANMAR HOLDINGS Co., Ltd Business Overview
 Table 85. YANMAR HOLDINGS Co., Ltd Vessel Retrofit Product
 Table 86. YANMAR HOLDINGS Co., Ltd Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 87. YANMAR HOLDINGS Co., Ltd Recent Development
 Table 88. DNV Company Details
 Table 89. DNV Business Overview
 Table 90. DNV Vessel Retrofit Product
 Table 91. DNV Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 92. DNV Recent Development
 Table 93. Seatrium Company Details
 Table 94. Seatrium Business Overview
 Table 95. Seatrium Vessel Retrofit Product
 Table 96. Seatrium Revenue in Vessel Retrofit Business (2020-2025) & (US$ Million)
 Table 97. Seatrium Recent Development
 Table 98. Research Programs/Design for This Report
 Table 99. Key Data Information from Secondary Sources
 Table 100. Key Data Information from Primary Sources
 Table 101. Authors List of This Report


List of Figures
 Figure 1. Vessel Retrofit Picture
 Figure 2. Global Vessel Retrofit Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Vessel Retrofit Market Share by Type: 2024 VS 2031
 Figure 4. Alternative Fuel Retrofits Features
 Figure 5. Energy Efficiency Retrofits Features
 Figure 6. Emission Control Retrofits Features
 Figure 7. Other Features
 Figure 8. Global Vessel Retrofit Market Size by Application (2020-2031) & (US$ Million)
 Figure 9. Global Vessel Retrofit Market Share by Application: 2024 VS 2031
 Figure 10. Commercial Cargo Ships Case Studies
 Figure 11. Passenger Ships Case Studies
 Figure 12. Specialized Vessels Case Studies
 Figure 13. Vessel Retrofit Report Years Considered
 Figure 14. Global Vessel Retrofit Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 15. Global Vessel Retrofit Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 16. Global Vessel Retrofit Market Share by Region: 2024 VS 2031
 Figure 17. Global Vessel Retrofit Market Share by Players in 2024
 Figure 18. Global Top Vessel Retrofit Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vessel Retrofit as of 2024)
 Figure 19. The Top 10 and 5 Players Market Share by Vessel Retrofit Revenue in 2024
 Figure 20. North America Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 21. North America Vessel Retrofit Market Share by Country (2020-2031)
 Figure 22. United States Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Canada Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Europe Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. Europe Vessel Retrofit Market Share by Country (2020-2031)
 Figure 26. Germany Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. France Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. U.K. Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Italy Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Russia Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Nordic Countries Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Asia-Pacific Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Asia-Pacific Vessel Retrofit Market Share by Region (2020-2031)
 Figure 34. China Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Japan Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. South Korea Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Southeast Asia Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. India Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Australia Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Latin America Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Latin America Vessel Retrofit Market Share by Country (2020-2031)
 Figure 42. Mexico Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Brazil Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Middle East & Africa Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Vessel Retrofit Market Share by Country (2020-2031)
 Figure 46. Turkey Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. Saudi Arabia Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. UAE Vessel Retrofit Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. MITSUBISHI HEAVY INDUSTRIES, LTD. Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 50. ALFA LAVAL Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 51. Kongsberg Maritime Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 52. MAN Energy Solutions Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 53. ABB Group Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 54. Wärtsilä Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 55. HD Hyundai Marine Solutions Co., Ltd. Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 56. YANMAR HOLDINGS Co., Ltd Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 57. DNV Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 58. Seatrium Revenue Growth Rate in Vessel Retrofit Business (2020-2025)
 Figure 59. Bottom-up and Top-down Approaches for This Report
 Figure 60. Data Triangulation
 Figure 61. Key Executives Interviewed
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